Analysis Strategies Technical Analysis Trading Tips

4 Pivot Points Trading Strategies

Inarguably, support and resistance levels are the cornerstones of most price action trading strategies. And with pivot points, you can easily set the support and resistance levels on any timeframe. The pivot points’ support and resistance levels are static, designed to predict potential turning points within the trend. This makes them invaluable for determining optimal Read More…

Fundamental Analysis

Gold Futures Mildly Positive Above $1,800 as Year Ends

Gold prices remain sluggish above the $1,800 mark. China’s COVID spread lends support to the US dollar. Markets are eying China’s PMI data to be released on Friday. While Gold futures prices rose to an intraday high of $1,818, the market has been sluggish since early Friday. In addition to mixed headlines on recent key Read More…

Fundamental Analysis

Equities Weighed by Risk Aversion, Focus on China’s Reopening

As investors looked forward to 2023 with caution and weighed hopes for economic growth, equities closed lower on Wednesday as US Treasury yields rose. China also eased COVID-19 restrictions amid concerns about rising incidences in the country. The benchmark 10-year Treasury yield rose for the third day in a row, reversing a decline earlier as Read More…

Fundamental Analysis

Asian Equities Follow Wall Street’s Tech Decline

Following Wall Street’s post-holiday slump, Asian equities were mostly lower on Wednesday as investors count down to the end of a tough year. After easing its strict “zero-COVID” policy, the Chinese government boosted stocks in Hong Kong, Tokyo, Shanghai, and Seoul after taking further steps to resume overseas travel. The Chinese government announced a key Read More…

gold futures
Fundamental Analysis

Gold Attempts a Recovery After Collapsing on Positive US Data

Investors are growing more worried that a recession will occur in 2023. Initial claims for unemployment benefits increased by 2,000 in the US. US gross domestic product expanded at an annualized rate of 3.2% last quarter. Gold prices recovered slightly on Friday after a big collapse. Robust economic figures fanned concerns that the Federal Reserve’s Read More…

Analysis Funded Trading Interviews Market Overview Strategies Technical Analysis Trading Psychology Trading Tips

What 2022 Has Taught Us – Must Read!!!

A quick summary of what 2022 has shown us and what we can take into 2023. A look into the importance of trader psychology. Technical analysis on various markets and a final note from Jay. What 2022 Has Shown Us 2022 has not been a year for the long-term investor. Traders with solid strategies and Read More…

Nasdaq 100 futures (NQ)
Strategies Technical Analysis Trading Tips

NASDAQ Futures (NQ) Continue To Sink

The downward trend channel is still holding strong as the price begins moving back into it. Fibonacci, Morningstar, RSI, and FREMA analyses all point toward bearish momentum. Potential targets bears could be targeting. Down Channel The downtrend channel is still a massive factor on the NQ chart. Even though we have seen the price break Read More…

Crude oil (CL) futures
Fundamental Analysis

Oil Prices Surge on Tight Supply Ahead of the Holidays

US oil stockpiles dropped by 5.89 million barrels for the week ending on December 16. The demand for heating oil in the US is expected to skyrocket. There are concerns about demand brought on by China’s COVID-19 increase. On Thursday, Oil prices increased for the fourth day in a row as US crude, heating oil, Read More…

Fundamental Analysis

Equities Hold on to Gains After BoJ Policy Shift

This month, the 10-year US Treasury yield reached its highest level in response to the BoJ policy tweak. Investors are baffled about how to interpret the BoJ’s policy shift. Single-family homebuilding in the United States fell to a 2-1/2 year low in November. Equities held steady on Wednesday after closing higher on Tuesday. The dollar Read More…

Strategies Technical Analysis Trading Tips

Order Block Proves Too Strong For Russell 2000 (RTY)

RTY has been stuck in a very wide range since May Bearish trend line, anchored vwap, lightsaber candle stick and thick support level analysis A look at a new indicator that utilizes fractals Quick Recap In our previous article, we analyzed the order block on the Russell and expected there to be a large amount Read More…