Gold Market—Scott Bessent’s Pro-Growth Agenda: Impact on Markets
- Scott Bessent, President-elect Donald Trump’s pick for Treasury Secretary, has sparked optimism across financial markets with his emphasis on fiscal stability and economic growth. His nomination has already impacted major asset classes, including Treasury yields, the dollar, gold, and equities.
- Treasury yields dipped to 4.3% following Bessent’s nomination, reflecting confidence in his ability to manage inflation while promoting steady growth. His focus on reducing the federal deficit, implementing deregulation, and maintaining a disinflationary environment has increased demand for bonds. While yields are stable for now, they could rise in the medium term if economic growth accelerates and borrowing increases.
- Bessent’s strong-dollar stance aims to preserve the greenback’s global reserve currency status, reassuring international investors. His approach counters concerns about devaluation linked to President-elect Trump’s campaign rhetoric on trade. The dollar has strengthened as a result, signaling confidence in Bessent’s fiscal priorities and further solidifying the currency’s long-term appeal.
- Gold prices dropped sharply today, falling from $2,721 to $2,616. The stronger dollar and diminished inflation fears have weighed heavily on gold, which often moves inversely to the greenback. Bessent’s policies, including gradual fiscal adjustments and controlled tariffs, reduce gold’s appeal as an inflation hedge. While geopolitical uncertainties could provide short-term support, the overall outlook for gold remains weak.
Bessent’s agenda indicates a stronger dollar, stable Treasury yields, rising equities, and downward pressure on gold.
Appreciate you my king, study it nicely brother, I’ll trust you’ll learn a thing or too haha.
Читать полностью…The first few candles of a session often set the tone for the rest of the day.
Here’s how I use this: I mark out the range of the first hour of the session. If price breaks out of this range with momentum, I trade in that direction.
4. Advanced CRT Tips
4.1. Using CRT with Quarterly Theory
We know that Quarterly Theory divides timeframes into quarters. Apply that here:
• A 1-hour candle can be split into four 15-minute candles.
• Watch how each quarter builds. For example, the first quarter often sets the tone. If the first 15 minutes have a long wick, it’s likely grabbing liquidity for a bigger move.
4.2. CRT and Fibonacci
Combine CRT with Fibonacci to refine your entries:
• Measure the range of a large candle and apply Fibs. The 50%, 61.8%, and 78.6% levels are key retracement zones.
If price rejects at these levels within a strong candle, it’s a high-probability continuation trade.
4.3. The Power of Candle Closes
Pay attention to where candles close:
• A bullish candle that closes near its high shows strong buying momentum.
• A bearish candle that closes near its low shows strong selling momentum.
Pro tip: Always wait for the next candle to confirm the close. If the next candle breaks the range in the same direction, your bias is likely correct.
5. Common CRT Mistakes
I want to highlight a few traps to avoid:
1. Ignoring context: Don’t analyse candles in isolation. Always consider market structure, liquidity, and timing.
2. Forcing trades: If the setup doesn’t align with the higher timeframe bias, skip it.
3. Trading during dead zones: CRT relies on volume. Trading during low-volume periods is a recipe for failure.
6. How to Use CRT in Your Plan
Here’s how to apply CRT step by step:
1. Mark Liquidity Zones: Look for session highs/lows or previous day highs/lows.
2. Identify Key Times: Focus on 9 AM, 5 AM, and session opens.
3. Watch Candle Behavior: Look for liquidity sweeps and strong rejections.
4. Wait for Confirmation: Look for displacement or BOS to confirm the move.
5. Manage Risk: Always use logical stops and aim for a minimum 1:2 risk-to-reward.
Final Thoughts
CRT is powerful when you combine it with liquidity, time theory, and context. It’s not about overanalyzing every candle — it’s about understanding the story candles are telling you at the right times and in the right places. Master this, and you’ll start seeing the market with much more clarity.
At the opening of the market, we had an increase of 80-100 pips up, during the last 6 or 7 trading days, who now takes care of the young bulls?
Читать полностью…The confirmation I prefer to see is in the area of FVG-D and the 50% Fibonacci, for tomorrow Tuesday, confirming the weekly manipulation, to then distribute on Wednesday.
This is my ideal scenario... let's see what the market decides to give us , jjj
That is no good confirmation for that long drop it’s rejection we’ll the fall must have something to do with the economic impact
Читать полностью…High quality trade but don't trade it with upcoming news otherwise i believe it high quality trade
Читать полностью…Mastering Candle Range Theory (CRT): Tips and Tricks
Alright team, today I want to walk you through Candle Range Theory (CRT) in a way that simplifies it and makes it practical for your trading. CRT is an essential tool for analyzing price behavior, and when applied correctly, it can help you spot high-probability trades with precision. Let’s break it down step by step.
1. Understanding the Foundation of CRT
First off, CRT is all about understanding the movement within each candle and how the open, high, low, and close (OHLC) give us clues about market behavior. It’s not just about looking at one candle—it’s about seeing how each candle builds within the broader structure and at specific times of the day.
There are three key areas to focus on:
1. The range of each candle (its size and shape).
2. The relationship between candles (momentum, reversals, or continuation).
3. Time-specific behaviors (when and why candles behave differently during certain sessions).
2. Key CRT Concepts You Need to Know
2.1. Candle Anatomy
• Large-bodied candles: These indicate strong momentum in the direction of the body. Minimal wicks show price is moving decisively.
• Small-bodied candles with long wicks: These signal indecision or rejection. For example, a long upper wick can mean sellers overwhelmed buyers at higher prices.
• Wick behavior: Wicks tell us where liquidity was grabbed. For example, a long lower wick could indicate price swept stops below a level and then reversed.
The key here is context. A long wick might signal rejection, but only if it happens in a meaningful area—like a fair value gap (FVG) or liquidity zone.
2.2. Time-Specific Candle Behavior
CRT works best when you focus on key times in the market. Markets move with purpose at certain times because that’s when institutional players are most active.
Here are the times I want you to focus on:
• 9 AM Model: Look for liquidity grabs and range expansions.
• 5 AM Model: Often signals a liquidity sweep during low-volume hours.
• Session Opens (London, New York): These are moments when market direction is established for the session.
• Midpoints of Sessions: Be cautious—this is when the market tends to fake out or consolidate before the next move.
Why is this important? Because candle behavior changes dramatically depending on the time of day. A breakout candle during the New York open carries far more weight than the same candle during a low-volume period.
2.3. Fractals: Breaking Down Large Candles
This is a game-changer for precision. A large candle on the 1-hour or 4-hour chart isn’t just a single move—it’s made up of smaller candles on lower timeframes. By breaking it down, you can see the internal structure:
• Did it leave a fair value gap?
• Is there a break of structure (BOS) within that candle?
• Are there order blocks forming inside?
This helps you refine your entries and reduces risk. For example, if a 1-hour candle sweeps liquidity and leaves a clean FVG on the 5-minute chart, that’s where you look for entries.
3. Practical CRT Strategies
3.1. Liquidity and Candle Range
Liquidity and CRT go hand in hand. Here’s what you do:
1. Identify liquidity pools (like equal highs/lows or session highs/lows).
2. Watch how candles react when sweeping liquidity. A strong, impulsive candle after a liquidity sweep is a sign of market intent.
Pro tip: Wait for confirmation. Don’t just trade the sweep—look for the next candle to break the range of the previous one. That’s displacement, and it’s what confirms your bias.
3.2. High-Volume Candle Reactions
High-volume candles often create imbalances (FVGs) in the market. These are magnets for price to revisit before continuing in the same direction.
Here’s what you do:
• Measure the range of the high-volume candle.
• Mark its midpoint (50% level). If price retraces there and holds, it’s likely to continue.
3.3. Candle Range Expansions
Pay attention to when candle ranges expand. This happens during high-volatility times, like session opens or news events.