Set and forget TRADERS COMMUNITY

Remember this Analysis. Price is above the Supply Zone. Sellers did take Profits. It's quite evident from Yesterday's candle. We expect present is the Market are Non Commercial orders. The Banks Should Liquidate them with the Fundamental !! We believe Buyers should make a smooth entry and Execute Bullion orders 📈

Its either the Commercial Way or Non- Commercial

Demand Low priced Dollar

Our Trade call is Demand for US Dollar 🇺🇸

The Day is Finally Here Jitters!!

Forex Today: Biggest Fed question on size of rate cut will be answered Here is what you need to know on Wednesday, September 18: The US Federal Reserve (Fed) will conclude its two-day policy meeting and announce the interest rate decision on Wednesday. For the first time in a very long time, markets are unsure about what the Fed will do and they will finally see whether policymakers will opt for a 25 or a 50 basis points (bps) rate cut. The US central Bank will also release the revised Summary of Economic Projections (SEP), also known as the dot-plot, and Chairman Jerome Powell will respond to questions in a press conference. The UK's Office for National Statistics reported early Wednesday that the annual inflation, as measured by the change in the Consumer Price Index (CPI), held steady at 2.2% in August, matching the market expectation. On a monthly basis, the CPI rose 0.3% following the 0.2% decline recorded in July. The core CPI, which excludes volatile food and energy prices, rose 3.6% on a yearly basis, up from 3.3% in July. GBP/USD gained traction following these data and advanced toward 1.3200. EUR/USD closed modestly lower on Tuesday but managed to stabilize above 1.1100. Eurostat will publish revisions to August Harmonized Index of Consumer Prices data later in the session. USD/JPY gathered bullish momentum and snapped a five-day losing streak on Tuesday. The pair stays on the back foot in the European morning on Wednesday and trades below 142.00. Gold reversed its direction after setting a new record-high on Monday and lost 0.5% on Tuesday. XAU/USD stays relatively quiet early Wednesday and fluctuates near $2,570.

US Dollar Index remains below 101.00 due to dovish mood surrounding Fed policy decision 🔰The US Dollar Index faces downward pressure ahead of the Federal Reserve's anticipated interest rate cut on Wednesday. 🔰The CME FedWatch Tool indicates the likelihood of a 50 basis point cut has risen to 63.0%. 🔰JP Morgan CEO Jamie Dimon commented that a Fed interest rate cut would be "not earth-shattering." The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against other six major currencies, retraces its recent gains from the previous session. The DXY trades around 100.80 during Asian hours ahead of the Federal Open Market Committee’s (FOMC) monetary policy meeting scheduled for Wednesday. This downside of the US Dollar could be attributed to the improved risk sentiment amid the increasing likelihood of the US Federal Reserve (Fed) announcing a bumper 50 basis point rate cut at September’s meeting scheduled later in the North American session. The CME FedWatch Tool indicates that markets are assigning a 37.0% probability to a 25-basis-point rate cut, while the likelihood of a 50 basis points cut has risen to 63.0%, up from 62.0% just the previous day. However, the US Dollar Index (DXY) gained upward momentum following the release of stronger-than-expected US Retail Sales data on Tuesday. Retail sales increased by 0.1% month-over-month in August, following a revised 1.1% growth in July, beating expectations of a 0.2% decline. This data points to resilient consumer spending. Meanwhile, the Retail Sales Control Group rose by 0.3%, slightly below the previous month's 0.4% increase. On Tuesday, JP Morgan CEO Jamie Dimon remarked that whether the Fed cuts interest rates by 25 or 50 basis points, the impact will be “not earth-shattering.” Dimon emphasized that while the Fed needs to make these adjustments, such rate changes are relatively minor in the broader context, as "there's a real economy" operating beyond the Fed’s rate modifications, according to Bloomberg.

The yield curve inverted for 700 days prior to the Great Crash of 1929. The yield curve was inverted for 789 days from Jul 5, 2022 to Sep 6, 2024. Is it "different this time?" 🙃

Dow Jones $DJI is sitting at the top of the 125 year resistance line with a 2nd month of hammer candlesticks. In 1929 it broke above the trendline for 1 month then collapsed.

Tomorrow will be fire 🔥

Four days until the #FOMC meeting, where Powell will likely cut by .25 (odds are currently 50% for .25 and 50% for .50). The similarities between 2007 and 2024 are wild! Charts in comments: Fed’s First Rate Cut: Sept 18, 2007 Sept 18, 2024 (high probability) Unemployment Rate Sept 2007: 4.7 Sept 2024: 4.2 US Inflation Rate YoY Sept 2007: 2.5 Sept 2024: 2.5 US Housing Starts: Sept 2007: 1.238 Sept 2024: 1.235 US Leading Economic Activity Sept 2007: 100.4 Sept 2024: 100.4 US Existing Home Sales Sept 2007: 4.5 Million Sept 2024: 3.95 Million (This post is not calling for a 2007 crash. I am simply pointing out the intriguing similarities in timing and economic indicators.)

This chart shows that historically, September 16th marks the start of the single worst day for returns in the S&P 500. On average, buying the S&P 500 at the close of September 16th and holding for the next trading day results in a -1.18% return. While this doesn’t guarantee a market drop, it reflects a trend of weakness around this date. So, while it’s not a signal to panic, being aware of historical patterns can help manage expectations during this period.

The Commitment of Traders (COT) report can be a valuable tool for your trading strategy, especially if you're trading in the futures or forex markets. It provides insights into the positions of different market participants, which can help you gauge market sentiment and potential price movements. Here's how incorporating COT reports can improve your strategy: 1. Understanding Market Sentiment The COT report shows how large players like institutional traders (commercials) and hedge funds (non-commercials) are positioned in the market. By tracking these positions, you can: Identify extreme positioning (e.g., when hedge funds are overly long or short). Anticipate reversals when positions become too crowded in one direction. Example: If you see that hedge funds are heavily long on a currency, and prices are approaching a major resistance level, it might signal a potential reversal, giving you a chance to exit or go short. 2. Spotting Trend Continuations or Reversals Watching shifts in the positioning of non-commercial traders (hedge funds and speculators) can help you: Confirm a trend if they’re increasing positions in the direction of the market. Spot potential reversals if they’re scaling back or reversing positions. COT reports are particularly useful for longer-term strategies but can still inform short-term traders on major market shifts. 3. Contrarian Approach Some traders use COT data as a contrarian indicator, especially when there’s a large disparity between commercial and non-commercial positions. If large institutions (commercials) are heavily on the opposite side of speculators, it could signal a contrarian opportunity. Example: If speculators are overwhelmingly long, and commercials are short, it might suggest a potential downturn, indicating it’s time to be cautious. 4. Volatility Gauge Extremes in positioning, where the market is heavily weighted toward one direction, can lead to increased volatility. Knowing this from COT data allows you to: 🔰Adjust your risk management strategies. 🔰Use tighter stops or reduce position sizes during volatile conditions. How to Incorporate COT Reports into Your Strategy 🗓Weekly Analysis: Since the COT report is released weekly, you could include it in your weekly market analysis to spot any significant changes in trader positions. 🔍Focus on Key Assets: Depending on what markets you trade (e.g., EUR/USD, gold, oil), focus on the COT data for those specific assets. 📊Combine with Technical Analysis: Use COT data alongside technical indicators like moving averages, support/resistance, and reversal patterns to confirm or challenge your trading ideas.

AUDUSD DAILY TIMEFRAME The Entries in this Pair are Remarkable. Cementing our Position in the Industry. All trade call calls shared in our broadcast and VIP Channel.

#AUDUSD Mind over Hands Precepts over Concepts Laws over Rules

#USDCAD Look at the Death Cross happening right before the release of the CPI. It gave us a god entry signal

I've never seen a Righteousness man beg for bread

🚨Breaking: Consumer prices rose 0.2% in August with core inflation higher than expected

Ahead of the U.S. CPI (Consumer Price Index) release, it's important to check this guide how we navigate potential market volatility and position themselves strategically. Here’s the best advice we can share with you: 1. Expect Volatility and Be Cautious with Open Positions The CPI data release is a key inflation indicator, and it can trigger significant market movements, especially in the forex, stock, and bond markets. Advise your clients to: ⚠️Reduce leverage: Volatility can result in rapid price movements, so it's prudent to reduce leverage to avoid large losses. ⚠️Tighten stop-losses: Review open positions and ensure stop-loss orders are in place to protect against unfavorable price swings. 2. Focus on Risk Management With heightened uncertainty, risk management is critical. Encourage clients to: ⚠️Use smaller position sizes: Taking smaller trades can help mitigate the impact of large market moves. ⚠️Avoid overtrading: Patience is key; it's better to wait for the dust to settle post-announcement before entering any major trades. 3. Analyze the Context: Understand how the CPI data fits into the broader economic context: ⚠️Higher-than-expected CPI: If inflation is hotter than anticipated, markets may anticipate more aggressive monetary tightening by the Federal Reserve. This could strengthen the USD and negatively impact risk assets like stocks and gold. ⚠️Lower-than-expected CPI: A lower inflation print could signal that the Fed may slow or pause rate hikes, which could weaken the USD and boost risk assets. 4. Avoid Knee-Jerk Reactions It's tempting to react immediately to the release, but markets can often experience initial whipsaws before settling on a clear direction. Encourage your clients to: ⚠️Wait for confirmation: Let the market digest the news before taking any new positions. ⚠️Analyze technical levels: Identify key support and resistance zones before jumping into a trade. 5. Stay Informed and React Rationally Advise clients to stay updated on the data and subsequent market reaction. Remind them to: ⚠️Keep emotions in check: Trading on emotions, particularly during volatile periods, can lead to poor decision-making. ⚠️React to data, not predictions: While forecasts are important, the actual CPI figure and market reaction are what matter.