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The fx pair is after bigger correction in Daily timeframe (TF) and seems to move again to downward. This down move first part can be viewed on H8 and it looks just waiting for some new power to continue its way. It strengthens the charts moving averages but against them stands RSI. On H2 this can be viewed also and seems from another angle that the correction may not finished and one upswing is missing. The conclusion is confusing situation without the higher TF support at the moment. And what we can do? To trade let’s move to lower TFs…
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
In longer term (Daily TF) the FX pair is bear. H8 is bear also. H2 is bear but a correction is on or was on at the moment. To trade take SHORT positions until S2. If S2 will hold then the correction is over the Daily TF. And it will form another Daily size upswing.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Price action is clearly to the downside on the pair. A few corrective moves occur, but without much power from the buyers. A pullback to the 20-h EMA, currently coinciding with the MS1 support @ 1.51448 would be a good opportunity to open a short position. Put a stop loss about 10pips above the 20-h SMA to protect your position in case of an upside breakout.
gbpusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
Way back in January 2022, as some series of ongoing madness unfolded around the pandemic, I wrote my "Social Media Serenity Prayer" - "Grant me the maturity to understand the things I should not post, the insight to share the things I should, and the wisdom to quickly know the difference!"
A lot is going on in the world right now, and this might be a good time to once again share this wise counsel. After all, what's the upside in rushing into things, at least in the short term? Volatility will rage for some time, uncertainty will rule, and megaphones will blare.
That's why I wrote this at the time:
"I try to work hard to keep my opinions to myself. As a futurist, I'm on the side of facts, in a world in which for many people, facts don't matter - agendas do."
Borrowing from what I said then, and given what I do (I have a social media presence - Facebook, LinkedIn, Threads, and Instagram) I share insights on trends, innovation, creativity, and things that capture my mind. But at every moment that I consume media, I often feel obliged to post to it. I also know that it's not a good idea to do that if you find yourself bubbling with rage, consumed with incredulity, or struggling with disbelief at what you see. Like many, I often want to lash out, respond, and try to set things straight.
And often, to my credit, I don't.
I've come to the point that I am still learning not to engage, debate, negotiate, or get into a squabble with many of the views that now permeate our online world. There is no upside. (Even so, I will admit I haven't done a great job at managing my online presence over the years.) But given how volatile the current reality is, I've been doubling down on my effort to avoid posting, desperately trying to remind myself there is no upside other than a momentary moment of relief might come from an angry post or a posting of snark.
And so, I've come to think about the elements of action behind what I call my Social Media Serenity Prayer action plan:
Does the post fit with what I do with my business
Could the post do me damage?
What would my family say should I post it?
Should I find some other way to deal with my frustration?
Is this something I would say in a room full of people I don't know?
What is the likelihood that what I post might come back to haunt me?
What is the actual purpose other than letting me manage my emotions?
What might what I post today look like five years from now?
Have I thought about how I should pause and think before I post something?
Will others learn anything from what I post?
Does anyone care?
Might it be more harm than good?
What good will it do me?
What harm might it do?
How does this affect my brand?
What purpose would it serve other than letting me let off some steam?
Does it make me look like a flaming idiot?
What impact will the post have on the work I do as a futurist?
Even so, I know that there are moments in which we do need to speak up, and those will come. I've just had a client who has booked me for an event in March 2025 asked me how I might take on the question of how the future has changed as a result of recent events. Given that they are in the insurance industry, I have definite thoughts - we will likely see an acceleration of volatile weather patterns as a pullback of climate change efforts occurs, leading to more violent storms, leading to greater insurance losses, increasing the number of geographic regions that simply become uninsurable. There's just too much of an increase in risk - but hey, insurance companies already know that.
I'll figure out how to approach that topic and that issue - I just don't need to rush into it right now - and don't need to go wild online with my thoughts. Particularly with some emotionally driven posts.
And so as I think these things, I manage to avoid posting a lot of my reactive instinct.
It's a challenging world. Sometimes, we should keep our opinions to ourselves.
Just like stomach gas.
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#SocialMediaWisdom #ThinkBeforeYouPost #StayProfessional #SelfControl #BrandIntegrity #PauseAndReflect #ChooseWisely #StayPositive #MindfulPosting #StayFocused
Original post: jimcarroll.com/2024/11/daily-inspiration-personal-strateg...
INTC made a slight pullback after it broke through resistance (which is when I bought...) but I remained strong with my strategy and held on to my calls. Now it's breaking through the resistance level again and picking up momentum as indicated by the squeeze. The resistance it broke through turned into support today. The day also ended on a bullish note. However, volume does seem uncertain and it could bounce off it's high at 27.5.
AUDUSD chart setup warns of pullback risk. However, the potential for a sustained correction may be limited. Sellers interest would likely be renewed on a test of the resistance at 0.7298.
#audusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
ColonialLUG demonstrated the power of potential energy at the Morris Arboretum STEAMpunk Expo 2015. The Power It Up station demonstrated the mechanics of stored power. Using Technic bricks and gears, as well as rubber bands, we built pullback race cars that visitors could customize and then race to see how well they work. Visitors built everything from two-wheeled dragsters, to a three-frame combination vehicle.
Weekly analysis based in daily charts
Weekly analysis based in daily charts in eurusd gbpusd and audusd
EURUSD has moved up into the key resistance zone between 1.1455 – 1.1530.Market awaits the Greek news tom to see were the pair will go. A move up above 1.1500 would make this pair look more bullish and solidify this recent upward move.There is no way that they don’t find a solution Eurozone will colapse.If you believe this euro is cheap today to buy it with relative small stop loss in the daily candle.
GBPUSD – Sterling/dollar stalls, looking to buy a pullback
The GBPUSD stalled on Friday, but the recent bullish trend is still intact. If price pulls back to 1,5500 support this week we will look to buy. A touch also on the raising
forexmusic.com/tradingmusic/2015/05/18/weekly-analysis-ba...
The fx pair is can be a few things on Daily TF. The bull trend is back, range or questionable. Soon it will be viewable. On H8 the market after a stronger up move. This may show that one more up leg minimum needed to be complete the form. But this is over shaded by RSI which was out in the sustainable territory and this shows bigger down move. H2 players are playing on this field. Which could easily show a bigger range. And this will have more percentage if RSI can hold under 67. To trade this (SHORT) it is better to do with half risk because it is against the bigger trend. TP is S1. But if R1 falls than better to open LONG positions with the TP of R3.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
Many trades in the first hour are related to patterns from the prior day, so try to anticipate setups before the market opens. Look at the final hour or two of yesterday to see if there was a strong trend (an always-in direction that might carry over to today), a trading range, a channel, or any...
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Editor: huonglinh
www.pomdy.com/book/trading-price-action-reversals/part-ii...
The pair has broken its rising diagonal support and thus put an end to the uptrend in the short term. Some profit-taking should occur, as the 20h-EMA is now falling, and the MACD is showing a bearish divergence. Short at a pullback to the 20h-EMA.
#usdjpy #forex #fxtrading #investing #traders #fxtraders #trading #fx
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #invasting #traders #fxtraders #trading #fx
The fx pair is in an up movement and a correction is on at the moment. After the yesterdays’ analysis one thing happened. The market showed that the ongoing down move in the correction is still not ended. This means that from the yesterdays’ 3 options 2 left open. And in the next few hours the market will decide which one likely to be in use (more percentage given for this). But be careful the trend is up and if it will become affordable for TF players to turn back they will do it. But until that SHORT position is good idea.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
The fx pair is in an up movement. For this the proof were given by the yesterdays’ small peak. And after the ongoing movement new highs are expected. From this point there are a few option. This is drawn on H2. From H8 view as how it was waited another proof may have arrived with the divergence. This may show that the weeks’ move is just a much complex correction. The probability for this is much greater. If this will happen there will be two option for TP. It shown with the blue dashed lines. And the after coming move will depend on what H8 RSI will show.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
The housing rally of 2013 is over. We are past the peak selling season, and although the year-over-year numbers will still show gains, we are entering the time of the year when seasonal factors drag prices and sales volumes down. If we were in a normal market, we would see price declines over... at A pullback in the housing rally, or the peak of another housing bubble?
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Ethereum is currently one of the top-performing high capitalization crypto assets with a surge of 11.5% on the day to reach a five-month high of $270. ETH on a Tear The move was initiated a few hours ago following weeks oscillating between $225 and $245. A minor pullback has occurred as trading begins in Asia, […]
www.crypytoonews.com/2020/07/23/finally-joins-the-altcoin...