7/23/2021 This week, me and Nick caught a crazy move on the SPX500 that we are currently still in at the time of writing this. This one move has netted us around 1,500 pips in equity. We haven't closed, so this number will not be the same when the trade is over, but this article […]
Over the past couple of months, price formed an ascending triangle pattern, which we saw the initial breakout in the middle of May. Ever since, we had price consolidate between the chart pattern's resistance and the breakout's high at 1.566 - 1.585. We saw this move continue for over a month. Recently, in early July, […]
7/20/2021 Bitcoin has been under severe selling pressure since May of this year which has sent price back down below February levels at $29,000s. Bitcoin is already down over 6% on the week at the time of writing this. Meanwhile, crypto exchanges are getting lots of attention as COT reports an increase in long positions […]
Over the past couple of months, price formed an ascending triangle pattern, which we saw the initial breakout in the middle of May. Ever since, we had price consolidate between the chart pattern's resistance and the breakout's high at 1.566 - 1.585. We saw this move continue for over a month. Recently, in early July, […]
7/20/2021 Bitcoin has been under severe selling pressure since May of this year which has sent price back down below February levels at $29,000s. Bitcoin is already down over 6% on the week at the time of writing this. Meanwhile, crypto exchanges are getting lots of attention as COT reports an increase in long positions […]
Hey everyone! Welcome to this week's forex forecast for the week ending July 23rd, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at GBPUSD, USDCAD, EURCHF & XAUUSD. GBP/USD Price seems to be failing to break this mid-term horizontal level at 1.1375, which has previously been switching from support and resistance. […]
With markets beginning to a volatile start on Covid fears, by the end of the week markets seemed to calm down to a steady recovery. The CAD performed the best rising in recovery in risk, but also on rising oil prices. The Euro had the most notable event of the week due to the monetary […]
7/22/2021 The past couple months haven't been too good for the crypto market, in fact, the market saw a $90 billion loss since May. If you have kept up with the activity on Elon Musk's account, you might have seen how the majority of his tweets about dogecoin or bitcoin have greatly influenced the price […]
Look out traders! On Friday the 23rd of July, the Euro will be printing their monthly PMI data so here's what to expect... The Purchasing Managers' Index (PMI) is an index of the prevailing direction of economic trends in the manufacturing and service sectors. It consists of a diffusion index, which essentially summarises market conditions […]
7/23/2021 This week, me and Nick caught a crazy move on the SPX500 that we are currently still in at the time of writing this. This one move has netted us around 1,500 pips in equity. We haven't closed, so this number will not be the same when the trade is over, but this article […]
Patrick's Outlook 7/14/21 Patrick put a short order out for AUD/CHF due to the daily being in a grinding downtrend and recently showing a sharp momentum further to the downside. The bounce had been hesitant and the 4hr was showing consolidation and buyers didn't seem convinced to get into the market. Patrick's Expectation: AUD/CHF - […]
Crazy enough, I took a trade on CAD/CHF that resulted in a major profit, and then it set up again... You can read the blog post I made about it here. So very similar to my last trade, I was bullish on the CAD, and liked the idea of jumping in on another pullback. Here's […]
Look out traders! On Friday the 23rd of July, the Euro will be printing their monthly PMI data so here's what to expect... The Purchasing Managers' Index (PMI) is an index of the prevailing direction of economic trends in the manufacturing and service sectors. It consists of a diffusion index, which essentially summarises market conditions […]
Over the past couple of months, price formed an ascending triangle pattern, which we saw the initial breakout in the middle of May. Ever since, we had price consolidate between the chart pattern's resistance and the breakout's high at 1.566 - 1.585. We saw this move continue for over a month. Recently, in early July, […]
Let's look at the news event's we've got lining up this week... (AUD) Monetary Policy Meeting Minutes The RBA did not make any changes to interest rates in the latest policy decision. Policymakers extended its bond-buying program for a couple of months which reducing the amount from A$5B to A$4B per week. The transcript of […]
Hey everyone! Welcome to this week's forex forecast for the week ending July 23rd, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at GBPUSD, USDCAD, EURCHF & XAUUSD. GBP/USD Price seems to be failing to break this mid-term horizontal level at 1.1375, which has previously been switching from support and resistance. […]
7/15/2021 This morning, the US posted their weekly jobs data and missed expectations for the fourth time in five weeks. All the while, inflation is growing at a faster rate than it has in decades reaching 5.4%. None of this looks good for the economy, but this could be good news for the US dollar. […]
7/13/2021 The US's consumer price index was much higher than expected in the month of June at 0.9%, the largest monthly rise in inflation since 1981. Signs of a weakening dollar is still pumping demand into the USD and the stock market as far as this morning, and volatility is expected for the rest of […]
Hey everyone! Welcome to this week's forex forecast for the week ending July 23rd, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at GBPUSD, USDCAD, EURCHF & XAUUSD. GBP/USD Price seems to be failing to break this mid-term horizontal level at 1.1375, which has previously been switching from support and resistance. […]
7/15/2021 The Fed testimony going on right now, is causing lots of choppiness in the market as well as gold's price. Price has fallen 0.31% at the time of writing this and as Powell answers questions from the Senate Banking Committee. Our outlook It seems that the Fed is in no hurry to tighten grip […]
7/12/2021 Every day this week, the US will report some kind of important economic news that is bound to shape the dollar's demand for the week's ahead. It will undoubtedly affect all major USD pairs including gold which is already tumbling this morning in anticipation of all the news. This week's report includes US CPI, […]
Hey everyone! Welcome to this week's forex forecast for the week ending July 23rd, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at GBPUSD, USDCAD, EURCHF & XAUUSD. GBP/USD Price seems to be failing to break this mid-term horizontal level at 1.1375, which has previously been switching from support and resistance. […]
7/15/2021 This morning, the US posted their weekly jobs data and missed expectations for the fourth time in five weeks. All the while, inflation is growing at a faster rate than it has in decades reaching 5.4%. None of this looks good for the economy, but this could be good news for the US dollar. […]
7/13/2021 The US's consumer price index was much higher than expected in the month of June at 0.9%, the largest monthly rise in inflation since 1981. Signs of a weakening dollar is still pumping demand into the USD and the stock market as far as this morning, and volatility is expected for the rest of […]
