Just some friendly backtesting in the morning using some of ICT concepts. The replay tool is great, but limited compared to other platforms in that it shows entire candles before one should see them. - R2F Trading
Monthly structure breakout & retest. Wait for the price to pullback to the key level area (taking out the low wick of the monthly inside bar) to get in. Trade safe.
This is my weekly market analysis, specifically for GBPUSD. I share what I think is going to happen in terms of the PDA Matrix as it pertains to ICT concepts, as well as time considerations such as economic news events. I hope you find it insightful in your trading. - R2F Trading
Trump Mulls Firing Fed Chair Powell—Rattles Global Markets ? Multiple sources confirm Trump is eyeing the unprecedented move of ousting Powell. Their long - standing feud over rate cuts has escalated: Trump demands steep cuts via social media, while Powell insists on data - driven policies. Despite Trump favoring Kevin Warsh as a replacement, Warsh warns against the risky firing. Legally, there’s no precedent for mid - term removal, and Powell defends the Fed’s independence ?. The White House is divided. Mnuchin backs the Fed’s autonomy, while others challenge Powell. This power struggle isn't just shaking US markets—it’s sending shockwaves globally ?. Here’s the rub: if Trump succeeds, it could weaken the US dollar. Policy uncertainty would erode investor confidence, triggering a dollar sell - off. Meanwhile, the chaos would likely trigger gold’s safe - haven appeal, driving prices higher ?. With so much at stake, this showdown could reshape US economic policy. Stay tuned! ??? XAUUSD??? ? Buy@3320 - 3330 ? TP 3360 - 3380 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! ? ?The accuracy rate of our daily signals has remained above 98% within a month! ? We sincerely welcome you to join our channel and share in the success with us! ?
Currently, the BTC market is clearly in a sideways trend ?. The price is fluctuating between 83,000 and 86,000, presenting trading opportunities ?. Investors can try buying on dips and shorting at highs. The analysis is as follows: ? Market data shows that the BTC price has been supported around 83,000 several times recently ?. When it reached this level last week, the trading volume surged, indicating a large amount of buying. The KDJ indicator shows an oversold condition at this point, suggesting a possible short-term rebound ?. However, the price encounters strong resistance at 86,000. Multiple attempts to break through have failed, and the selling pressure increases as the price approaches this level ?. According to the Bollinger Bands indicator, 86,000 is close to the upper band, which is likely to trigger a pullback ⬇️. Technical Indicators ? Trading Volume: When the trading volume remains persistently low, it's like a stagnant pond, indicating low market participation. In this case, the sideways trading pattern is likely to continue ?. However, when the price approaches the resistance or support level, if the trading volume suddenly surges sharply, it's like throwing a huge stone into a calm lake, creating ripples ?. This may be a strong signal that the market is about to choose a direction for a breakthrough. Moving Average System: The 5-day moving average and the 10-day moving average are intertwined, just like an entangled rope ?, unable to clearly indicate the trend direction. Their repeated crossovers fully demonstrate that the market is in a state of disorderly fluctuations. ? ??? BTCUSD??? ? Sell@85500 - 85000 ? TP 84000 - 83000 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! ? ?The accuracy rate of our daily signals has remained above 98% within a month! ? We sincerely welcome you to join our channel and share in the success with us! ?
Trump Mulls Firing Fed Chair Powell—Sending Financial Markets into a Tizzy ? Multiple sources confirm: Trump is seriously weighing the unprecedented move of ousting Fed Chair Jerome Powell, instantly fueling a storm of speculation ?. Their long - running feud over monetary policy has reached a boiling point. Trump, via fiery social media rants, has been relentlessly demanding steep rate cuts ⬇️, while Powell stands firm, stressing the importance of data - driven decisions and patiently assessing economic ripples before pulling the policy lever ?. Trump has his eye on former Fed governor Kevin Warsh as the ideal replacement, but Warsh himself is sounding the alarm ?, urging against the risky firing. The catch? There’s zero legal precedent for a president axing a Fed chair mid - term. Powell’s response? A staunch defense of the Fed’s independence, emphasizing that policy should be a fortress shielded from political crosswinds ?. Inside the White House, it’s a battlefield of opinions. Treasury Secretary Mnuchin, a fierce defender of the Fed’s autonomy, likens its independence to a precious jewel ⭐️ that must be safeguarded. But other advisors are gunning for a showdown, challenging Powell’s authority head - on. This high - stakes power play isn’t just shaking US markets—it’s sending shockwaves across the global financial stage ?. Adding to the concerns, if Trump's actions lead to significant disruptions in the Fed's decision - making process, it could very well trigger a weakening of the US dollar. Uncertainty around monetary policy can erode confidence in the currency. A lack of clear, stable leadership at the Fed, should Powell be removed, might make investors skittish. They could start moving their funds elsewhere, causing a sell - off of the dollar. Moreover, if the Fed, under new leadership more compliant with Trump's wishes, were to cut rates drastically in an attempt to boost the economy as Trump desires, it could lead to inflationary pressures. Higher inflation typically devalues a currency, further contributing to a weaker dollar. With so much at stake, the outcome could rewrite the rulebook for US economic policy ⚖️. Stay tuned! ??? AUDUSD??? ? Buy@ 0.6330 - 0.6350 ? TP 0.6400 - 0.6450 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! ? ?The accuracy rate of our daily signals has remained above 98% within a month! ? We sincerely welcome you to join our channel and share in the success with us! ?
Trump Mulls Firing Fed Chair Powell—Sending Financial Markets into a Tizzy ? Multiple sources confirm: Trump is seriously weighing the unprecedented move of ousting Fed Chair Jerome Powell, instantly fueling a storm of speculation ?. Their long - running feud over monetary policy has reached a boiling point. Trump, via fiery social media rants, has been relentlessly demanding steep rate cuts ⬇️, while Powell stands firm, stressing the importance of data - driven decisions and patiently assessing economic ripples before pulling the policy lever ?. Trump has his eye on former Fed governor Kevin Warsh as the ideal replacement, but Warsh himself is sounding the alarm ?, urging against the risky firing. The catch? There’s zero legal precedent for a president axing a Fed chair mid - term. Powell’s response? A staunch defense of the Fed’s independence, emphasizing that policy should be a fortress shielded from political crosswinds ?. Inside the White House, it’s a battlefield of opinions. Treasury Secretary Mnuchin, a fierce defender of the Fed’s autonomy, likens its independence to a precious jewel ⭐️ that must be safeguarded. But other advisors are gunning for a showdown, challenging Powell’s authority head - on. This high - stakes power play isn’t just shaking US markets—it’s sending shockwaves across the global financial stage ?. Adding to the concerns, if Trump's actions lead to significant disruptions in the Fed's decision - making process, it could very well trigger a weakening of the US dollar. Uncertainty around monetary policy can erode confidence in the currency. A lack of clear, stable leadership at the Fed, should Powell be removed, might make investors skittish. They could start moving their funds elsewhere, causing a sell - off of the dollar. Moreover, if the Fed, under new leadership more compliant with Trump's wishes, were to cut rates drastically in an attempt to boost the economy as Trump desires, it could lead to inflationary pressures. Higher inflation typically devalues a currency, further contributing to a weaker dollar. With so much at stake, the outcome could rewrite the rulebook for US economic policy ⚖️. Stay tuned! ??? GBPUSD??? ? Buy@1.3250 - 1.3280 ? TP 1.3300 - 1.3400 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! ? ?The accuracy rate of our daily signals has remained above 98% within a month! ? We sincerely welcome you to join our channel and share in the success with us! ?
The EUR/AUD is currently trading at 1.7860, having recently rejected the key resistance zone between 1.8000 and 1.8430. Following this rejection, the pair is likely to enter a corrective pullback, offering an opportunity to buy the dip within a strong bullish trend. The price remains well above the Ichimoku cloud (Span A at 1.7406, Span B at 1.7259), confirming that the medium- to long-term trend is bullish. The Trend Strength Index (TSI) indicators are both in overbought territory: TSI(10): 0.93 TSI(20): 0.79 This signals that the upward move may need to cool off before continuation. The ideal retracement zone lies between 1.7185 and 1.6837, aligning closely with the 61.8% Fibonacci level of the most recent swing. This zone also acted as previous resistance, which could now turn into support — a classic flip scenario in trending markets. What strengthens the case for a long setup is that every time TSI has entered oversold territory during this uptrend, price has found strong support and rallied. The TSI behavior shows a consistent pattern of reliable long entries when momentum cools off temporarily during a bullish trend. Trade Setup Summary: Retracement Buy Zone: 1.7185 – 1.6837 (support + 61.8% Fib) TP1: 1.8000 (mid supply) TP2: 1.8430 (range high) SL: Below 1.6800 (structure invalidation) As long as the price remains above 1.68, the structure supports further upside with targets back at the recent highs and possibly beyond if the bullish momentum resumes. EUR/AUD is driven by monetary policy divergence and economic sentiment in the Eurozone vs. Australia. While the ECB has paused rate hikes, it still maintains a hawkish tone due to persistent inflation, whereas the RBA has shown signs of dovishness amid cooling data and weaker Chinese demand. This divergence continues to support the euro over the aussie, especially in a risk-off environment. Unless macro conditions change significantly, EUR/AUD remains fundamentally aligned with the bullish technical structure. Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
Gold is all about the trend, I think it has to go for correction for 4th wave. What do you guys think?
Very Good Weekly Closing. Monthly Closing above 780 is Important, otherwise, Tweezer Top is Expected which is a Negative sign. Channel Top is around 825 - 830. Initial Support seems around 700 - 705. & Double Bottom (in case of Selling Pressure) is around 640 - 645 (which may also act as Support).