Coming off of NFP we have had a Bullish Retracement into a Daily Price level 106.452 where we would anticipate seeing resistance to the downside. Within this move back into this Bearish Price Level, we have a move off a Bullish Price Level 105.348 within this Bullish Range. With this in mind, we...
Higher Time Frame Bias: Bullish
Lower Time Frame Bias (4h - 1m): Bearish
After the DXY reacted to a Higher Time Frame Weekly price level we had a Bearish Market Shift on the 4h leading us into a bearish retracement. Anticipating that we continue with this bearish retracement we currently have...
The indicator takes information on real orders of market performance of the exchange players of the Chicago Mercantile Exchange (CME) and displays it on Forex.
Tape Indicator conveniently displays the information on the Meta Trader chart. By default, the deals with the main trade contract are...
We just wanted to give a shout out to Jason Sen at Day Trade Ideas (www.daytradeideas.co.uk) on his excellent Dollar Index short and EURUSD long call back in March of this year. Jason couldn't have been more spot on in his call. He recently put out a video that goes over the trade setup and...
SPX Elliott Wave View: Still within wave 3
Revised short term Elliott wave view in SPX suggests that the rally from 1/23 low is unfolding as a 5 waves Elliott wave impulse structure where Minor wave 1 ended at 2301 and Minor wave 2 ended at 2267.2. The Index has erased momentum divergence at...
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