US Dollar Support Breakout Remains Lackluster After Powell Speech, Focus on CPI
US Dollar, DXY, Fed Outlook, Jerome Powell, CPI – Asia Pacific Market Open US Dollar flat as Jerome Powell offers no new meaningful updates The DXY Dollar Index support breakout has been lackluster so far Australian Dollar now eyeing local monthly inflation gauge next Recommended by Daniel Dubrovsky Get Your Free USD Forecast Asia-Pacific Market […]
Dow and S&P 500 Breakout Collapses But Dollar Holds Onto Losses with Powell Ahead
Dow, S&P 500, Volatility, EURUSD and Fed Rates Talking Points: The Market Perspective: S&P 500 Bearish Below 3,800; USDCNH Bearish Below 7.0000 While there was notable event risk for release Monday – such as the NY Fed’s inflation expectations – it seemed markets were motivated more by Friday’s momentum A false breakout reversal from the […]
Step Ahead – The best range Breakout EA – Other – 8 January 2023
Step Ahead is a range breakout EA. The EA is supposed to handle intraday breakout. It checks the defined range parameters and places stop orders above and below the range. It is a safe EA and does not use grid or martingale. A fixed stop loss is always required. Take profit can be configured based on […]
A Simple Breakout Trading System +5,024% (Backed by Data)
What is this system, and why does it work? Simple. This is a stock trading system. Based on academic research and my backtesting, strong stocks are likely to continue in the direction of the trend. It’s proven! It’s why this system looks to buy breakouts. Now I want to be honest here… I’m about to […]
The Trend Line Breakout Trading Strategy
This post is written by Jet Toyco, a trader and trading coach. In today’s trading, we have a ton of trading setups to choose from. Such as bullish flag pattern setups, ascending triangle pattern setups, cypher pattern setups, etc. However… What do you think is one trading setup that is: Simple enough to execute Easy […]
Dynamic Channel Momentum Breakout Forex Trading Strategy
Momentum breakouts are prime trading conditions wherein traders can find good trading opportunities. This is because momentum breakouts tend to cause price to move in one general direction and could often result in a trend. Momentum trading is a technical trading technique wherein traders would buy or sell a tradeable instrument based on the strength […]
EURUSD Breakout Falters as Market Doubts Fed Commitment
EURUSD, S&P 500, Fed Rates and Liquidity Talking Points: The Market Perspective: S&P 500 Bullish Above 3,900 The FOMC minutes reiterated the message of a critical inflation fight, more rate hikes ahead and no cuts forecasted for 2023; but the markets refuse to believe EURUSD’s breakdown reversed before the minutes were released, but they didn’t […]
Will ISM and FOMC Facilitate GBP/USD Breakout?
POUND STERLING TALKING POINTS UK housing statistics and railway strikes cast shadow on UK economy. FOMC and ISM data in focus. Threatening rectangle breakout on daily cable chart. Recommended by Warren Venketas GET YOUR EXCLUSIVE GBP Q1 GUIDE Get My Guide GBP FUNDAMENTAL BACKDROP The British pound garnered some support this Wednesday ahead of the […]