NQ prices dropped 8% this week. Bart pattern spotted on 1-Hourly time frame with a high volume spike Bearish market conditions persist. NQ Suffers an 8% Price Drop We saw the Nasdaq suffer an 8% drop this week, going from $11,600 to $10,080. The sell-off began on Monday but was spurred on by the Fed’s Read More…
Dollar Index Rallies Amid Fed’s Rate Hike
The US Dollar has rallied 18% this year due to an aggressive interest rate policy. Correlation between the Dollar and the Equities Futures markets. Technical Analysis on the US Dollar. Dollar Likely To to Remain Stronger The US Dollar has rallied this year by more than 18% due to the aggressive policy outlined by the Read More…
A Funded Traders Scalping Strategy That Earned Him A $150K Funded Trading Account
Who Is He & Why He Chose OneUp Trader Alex C, a trader from Florida received funding In June of 2022. He chose the $150K account because he felt it was the account that gave him the most bang for his buck. OneUp Trader’s flexible rules, 24/7 support desk, and free data once funded are Read More…
Euro (6E) Futures: Technical Outlook Pending Fed Rate Decision
The Fed rate decision and press conference may heighten market volatility. The bullish breach above the trend channel has not significantly changed market sentiment. An analysis of the 1-hourly chart. Fed Day Today is a very big day for the markets as the Fed will announce its rate decision with expectations of a 75 basis Read More…
Technical Analysis: E-mini S&P 500 (ES) Rallies Off Lows
The weekly chart shows a bullish false-break candlestick formation. Analyzing the support/resistance band on the 4-Hourly chart. A look into the 1-Hourly trend channel. False Break Candle The false break candle strategy is one we are familiar with at OneUp Trader, and for a good reason – its reliability! The pattern works because when the Read More…
Parabolic Curve Retest and Inverse Head & Shoulders on Crude Oil (CL) Futures Chart
The parabolic curve on the CL chart continues to act as support. A Potential inverse Head & Shoulders formation on the 4-Hourly time frame. Point of control volume profile acting as resistance. Daily Chart Recap From last week’s multiple tests of the parabolic curve, CL is repeating the same tests once more, with the price Read More…
Technical Analysis: Gold (GC) Futures
Gold bears are targeting lower prices. Spinning top from yesterday’s session on the Daily chart. Price retraces to test the neckline of a head & shoulders on the 2-Hourly chart. Recap From Earlier This Week On Monday 24th, we looked at the slight bounce in Gold prices out of the minor support potentially forming a Read More…
E-mini Nasdaq (NQ) Futures: Price Rally Unconvincing
The recent price run-up seems to be slowing down. Resistance has been found at the 78% Fib level. Expecting lower prices for NQ with a possible target of $11,068.50. Daily Chart The Fibonacci retracements give us a possible scenario where the price could test the 100% line at $11,068.50. Looking at the recent bounce off Read More…
Visualize The Trader You Want To Become
The market does not care about you and never will. Why visualizing will show you incredible results How to start visualizing. Read each paragraph slowly, and do not rush through this article. Too many traders and investors throw money away by having absolutely no idea what they want the markets to provide them with. They Read More…
Crude Oil (CL) Futures Poised For a Bullish Breakout?
A recap of the Bullish Parabolic curve. CL looking more Bullish Potential targets of $90 & $93.64 are still probable. The Parabola The parabolic curve mentioned in last week’s analysis has been tested on five different sessions now, with each attempt being bought up, resulting in bullish candlestick formations on the daily chart. This indicates Read More…