SPX Oil Gold and Yields - Weekly preview 4400 is the level bulls want to hold on any pullback for spx, whether it comes next week or not is hard to say. IWM and DJT are not confirming an upward bias on the weekly chart yet, so it's possible they are saying something that most are not hearing. Gold and Silver both hard to tell what's going to happen right now, so waiting I'm for a confirming move up or down. Oil is at strong technical support, thus the bounce today. I think it goes higher, but it needs to take out 80 for the bulls to start gaining control. TYX (Yields) will probably get to the gap area near 5 at some point soon....
Good luck and have a wonderful weekend
Community ideas
How To Build A Trading Journal That Helps You Make MoneyHey everyone!
In this video, we discuss why trading journals are important, talk about how to avoid common pitfalls in using them, and go over the keys to implementing one successfully in your own trading.
Over time, a well-crafted trading journal can actually help you make money, while building out the most important skill you can acquire as a trader: pattern recognition.
We also cover three main principles that you can use if you already have a journal set up that isn't working as you'd like. Be sure to:
1.) Keep it simple.
2.) Track the right things.
3.) Follow up regularly.
Do these, and it's impossible you won't get significantly better over the next 6 months - year.
Cheers!
Looking for more high-quality trade ideas? Follow us below. ⬇️⬇️
XAUUSD | GOLDSPOT | New perspective | follow-up detailsIn this video, we delve into the recent surge in gold prices, driven by a combination of factors. On Friday, the U.S. dollar and Treasury yields experienced a decline following disappointing U.S. jobs data, solidifying expectations that the Federal Reserve will halt its interest rate hikes. The October job growth figures fell short of economists' projections, with only 150,000 jobs added compared to the anticipated 180,000. Additionally, wage inflation cooled, indicating a potential easing in labor market conditions.
It is crucial to note that if the labor market continues to deteriorate, the Federal Reserve will be unable to maintain its hawkish stance. This data reinforces the notion of a Fed pause, which has contributed to the rise in gold prices. Furthermore, the dollar index (.DXY) experienced a 1% drop, while the benchmark 10-year U.S. Treasury yields reached a low not seen in over a month, further bolstering gold's appeal.
In light of the ongoing Middle East conflict, investors are now pricing in a 95% chance that the U.S. central bank will keep interest rates unchanged in December, compared to the previous 80% prior to the release of this data. These insights are based on the CME FedWatch tool.
XAUUSD Technical Analysis:
In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics, and uncovered potential trading opportunities.
The $2,010 zone will remain our center stage for this week. Its historical significance makes it a crucial point. If the bullish momentum is sustained then the breakout/retest of this zone will serve as a platform for new highs. However, if selling pressure persists below $2,010 just as it had done in the last 5 months, we could witness renewed selling pressure back into the demand zone at the $1,900 zone.
Dive into the latest Gold market dynamics! Discover how escalating Middle East tensions and renewed decline in 10-year Treasury yields and their impact. Stay informed for strategic investment decisions.
#GoldMarket #SafeHavenAssets #USDebt 📺🔔💼
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
Reading multi timeframe Secrethello everyone, this is my first video tutorial on this website. I hope I explained everything properly if I didn't let me know so I can make improvements...
I did have some people who contacted me how to trade, they liked my analysis so I made this video for them and also for people new to trading.. Or people who are already pro this will give a nice upgrade on there skills
for this tutorial I used DXY which is the most important index in trading and I think it's a good start for new traders so they can use DXY to trade major currencies..
please let me know how the video was?
thank you
SPX weekly preview and what to watch forAll in the video - 4400 is going to decide whether or not we continue the uptrend. For short term a little higher makes sense, but if this is a bear market rally, this is typical kind of movement. Sometimes they go a little higher, consolidate and pullback again. I cover everything in the video. Thank you for being patient and for your support.
Revisiting Automatic Access Management API for VendorsThis video explains how to automate access management for vendors who build and sell invite only scripts based on subscription or one time fee. I have made videos about this earlier as well. But, due to high demand, I have been asked to make this video again.
🎲 Tools Required
Replit - Used for hosting the service that automates access management
Postman - To test the services hosted
🎲 Prerequisites
User should have premium tradingview account and be able to publish invite only scripts by following the house rules.
User should disable 2FA on their account in order to allow programs to login remotely and manage access.
🎲 Steps
All the steps are also mentioned in the githup repository: github.com
🎯 Run the access management service
Fork the replit repository: replit.com
Update Environment Variables tvusername and tvpassword
Run the repl
🎯 Use postman to test the service methods
Detailed explanation of the API calls are present in the github link provided above. The service is capable of doing following things.
Check if the given tradingview username is valid or not
Get the access details of given user to list of scripts identified by pub id.
Delete the access to given user to list of scripts identified by pub id.
Provide/Extend access to given user to list of scripts identified by pub id for specific duration.
🎲 Notes
Please follow house rules while publishing and selling subscriptions to invite only scripts.
Do not commercialize these API calls or do not turn it into product. The mechanism is built on backend calls that are not officially supported by tradingview. While tradingview is tolerant on individual use, any malicious activity may force them to shut this down for everyone.
Unlocking Trend Reversals: Mastering Bollinger Bands and VWAPsIn this comprehensive video tutorial, we will delve into the powerful techniques of utilizing Bollinger Bands and VWAPs (Volume Weighted Average Prices) to identify and master trend reversals in the futures market. ES1!
You will learn how to leverage these volatility-based indicators to detect potential turning points in price trends. By understanding Bollinger Bands' ability to highlight periods of market consolidation and expansion, you will gain an edge in predicting trend shifts and take advantage of profitable opportunities.
Additionally, we will explore the significance of VWAPs, an essential tool for analyzing price and volume dynamics. By combining volume-weighted prices with Bollinger Bands, you will be equipped with a comprehensive approach to assess market liquidity, support, and resistance levels.
Throughout this tutorial, I provide step-by-step guidance to effectively interpret the signals generated by Bollinger Bands and VWAPs, empowering you to make informed trading decisions. We will also address common misconceptions that can often lead to misinterpretations and false signals.
Whether you are a seasoned trader seeking to refine your strategy or a beginner eager to grasp these technical indicators, this video is designed to provide valuable insights and practical knowledge that can elevate your trading outcomes.
How to find Key Price Action zones for Daytrading successPrepping a market for daytrading is an important part of my process and understanding and identifying the KEY LEVELS is the major part of that process.
We have to build a Price Action picture of what may happen and what levels may be targeted so we will be ready for a trade. Understanding who (buyers or sellers) is getting caught off side and levels the market is targeting, will set us up for the higher probability trades.
I discuss a few key concepts for Intraday trading and how I identify the important zones. I show some trade examples and high probability trade zones.
** If you like the content then take a look at the profile to get more daily ideas and learning material **
** Comments and likes are greatly appreciated **