Market view based on my Trading systems and Experience

#1
Quote
First Post: Edited 7:46pm Feb 27, 1:49pm (24 hr ago) | Edited 7:46pm

Bibin221
Joined Sep 2023 | Status: Trader | 81 Posts

Hello everyone,
I have decided to create a thread to discuss the upcoming market which is going to trend and give best opportunities. Based on my trade explorer i will discuss the best trading opportunities on different trading pairs. And on which market sector , trading instruments etc is trending. Since i din't see any thread similar to this, i decided to create my own thread. It will be interesting to see how we can capture best market opportunities and find the best trending trading instruments to bank profits. Also i will discuss what's the best way to build your trading systems to build an edge and survive long term in any kind of markets.
I will see how much engagement this thread is going to get, if it's decent then i will keep updating my views on market at the latest.
Thanks, let's keep it respectful and no trolling allowed here.

Rules
1) You can post your own analysis, but you should explain why you think this or that trade you're taking based on the market trends/fundamentals etc. For example, something like this.
" I am short on xauusd , because i can see dollar news is bullish and it will impact xauusd the most"
2) No trolling on someone's trade idea, they can be wrong or right, nobody gets it right 100% of the time
3) Also you should explain the timeframe on the trade ideas, is it based on 1 hr , 4 hr ? etc..
4) You can also explain fundamental analysis which can or can not be based on a trade idea but macro views.

How you exit from trades, is all that matters..

Live Semi automated 10k Account Return Today: 0.3%

#2
Quote
Feb 27, 4:12pm (22 hr ago) Feb 27, 4:12pm (22 hr ago)

Mandariin
Joined Jan 2016 | Status: Trader | 931 Posts | Online Now

Quoting Bibin221

Disliked

" I am short on xauusd , because i think money is flowing out of metals to USD"

Ignored

Our thinking might be flawed, how can we know for sure ?

I might be wrong , I have been wrong before

#3
Quote
Feb 27, 7:43pm (18 hr ago) Feb 27, 7:43pm (18 hr ago)

Bibin221
Joined Sep 2023 | Status: Trader | 81 Posts

Quoting Mandariin

Disliked

{quote} Our thinking might be flawed, how can we know for sure ?

Ignored

Well they can be wrong it's not 100% for sure, as i said in my rule #2 it can be right or wrong. Some can interpret money flow based on the particular market sector going bullish, for example metals is the only market that's going up, so it seems money is flowing to these sector. Some can use fundamental analysis to determine it based on the news , interest rate etc. While somebody might interpret based off on pure volume.
Having said that, i understand the confusion that might arise with the word " money flow " i will replace it with "trend" just so it's clear for everyone.

How you exit from trades, is all that matters..

Live Semi automated 10k Account Return Today: 0.3%

#4
Quote
Feb 28, 12:53pm (1 hr 42 min ago) Feb 28, 12:53pm (1 hr 42 min ago)

Bibin221
Joined Sep 2023 | Status: Trader | 81 Posts

For the coming weeks, i see metals market ( gold , silver etc ) is going to be bullish. For the following reasons
1) Although this week majority of profit came from indices like ftse100, jp225 etc. By the end of this week, all my trading systems signalled bullish signal for metals, which when it happens means the trend is very strong.
2) A lot of SL hunting happened on metals market before making a clean move, this is typical before a huge upside move.

Macro view ( Price action and discretionary experience of money flow rotation )
1) DXY has been hovering around the 0.618 Fib level and making red candles whenever it's near those levels.
2) Even though news came in positive for US dollar like unemployment claims being less, ppi being positive etc, yet Dollar is having a hard time breaking that 0.618 Fib level is a major red flag for bearishness on US dollar.
3) Gold and Silver although been ranging for a while this week, hasn't shown any sharp decline or spike downward even with positive news on US dollar.
4) All things considered, this seems like positions has been building aggressively and it has been relatively strong against USD even when news has been positive for US dollar. So the probability of metals going up is very high, if there is even one negative news against US dollar from this level now ~ DXY 97.646. And so i think the trend for metals market to upside is going to last atleast few more weeks if not months.

Thanks,
it took me a lot of time to articulate my view on the market. So i would appreciate to see some engagement from you guys.

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 41 KB

How you exit from trades, is all that matters..

Live Semi automated 10k Account Return Today: 0.3%

#5
Quote
Last Post: Feb 28, 1:00pm (1 hr 36 min ago) Feb 28, 1:00pm (1 hr 36 min ago)

Bibin221
Joined Sep 2023 | Status: Trader | 81 Posts

Quoting Bibin221

Disliked

For the coming weeks, i see metals market ( gold , silver etc ) is going to be bullish. For the following reasons 1) Although this week majority of profit came from indices like ftse100, jp225 etc. By the end of this week, all my trading systems signalled bullish signal for metals, which when it happens means the trend is very strong. 2) A lot of SL hunting happened on metals market before making a clean move, this is typical before a huge upside move. Macro view ( Price action and discretionary experience of money flow rotation ) 1) DXY has been...

Ignored

A slight update to this post,
By ranging on gold and silver for this week, i meant before the clean upwards move on friday it was ranging from monday to thursday.

How you exit from trades, is all that matters..

Live Semi automated 10k Account Return Today: 0.3%

HeroPoker_HeroPoker扑克_HeroPoker德扑圈官网

Options

Similar Threads

Market view based on my Trading systems and Experience