A few weeks ago we reopened the OneUp Trader Discord. Since then, 800 traders have joined — and the server has turned into exactly what we hoped: a place where people actually talk trading, share setups, and help each other trade better. If you haven’t joined yet, here’s what’s been happening. What’s live right now Read More…
Introduction When we covered gold’s 7.6% run earlier this week, the driver was a collapse in September rate-hike expectations. The dollar is the other side of that trade, and it tells the same story from the opposite direction: DXY fell from roughly 101.70 in late July to 99.50 in early August, a drop of about Read More…
NQ is coiling in a rising wedge just under 30,000 after reclaiming the August 5 low near 27,215 with a sharp multi-day bounce. Price is now pressing against the top of a consolidation range. Trade Setup Bias: Long Entry: Close above 30,074 Stop: 29,600 Target: 31,000 Invalidation A close back below 29,600 negates the setup Read More…
Introduction The Dow was the one major index that did not celebrate the July inflation report. While the S&P 500 opened at a record high and the Nasdaq closed up 0.54% on August 12, the Dow settled at 53,770.27 — down 21.58 points, or 0.04%, on a day the data went its way. YM has Read More…
Follow-Up: What Played Out Since August 5 Analysis We flagged 30,000 as the level to watch in our last analysis on Nasdaq, with a close above it opening the door to 30,300 and the June highs. Price never got there. Instead, NQ spent five sessions grinding sideways beneath that number, closing at 29,794.75 — 101 Read More…
Follow-Up: What Played Out Since August 4 Gold has done exactly what we were watching for. In our previous analysis, price was stuck at 4,118.8 in a tight range between 4,050 and 4,200, and the one thing we singled out was a quiet series of higher lows building in RSI while price went nowhere. That Read More…
