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SELL NOW 🔽 Nasdaq (NAS100 / US100) 🇺🇸
► The Dow Jones has triggered our tight SL (for moderate losses). We now see the Nasdaq 100 at session highs ~ 18770 - 18775 and expect market sentiment to become more cautious in the second half of US trading. Meta has closed in our TP, Tesla is approaching our TP. We are positioning against the market and going SHORT here.
► We see flat yields but still some gains in the USD, indicating concerns about the Fed minutes and a general flight to safety.
► The Nasdaq 100 benefited strongly from Meta's near 2% gains today (which led to our TP being triggered) as well as an overall positive performance of chip stocks (although Nvidia is now slightly lower / AMD +2.1% / Qualcomm +2%).
► We also see Microsoft and Amazon extending their recent gains. Tesla - now down 3.3% - is weighing heavily on the Nasdaq 100.
► We sell the spike now (with the Nasdaq 100 at +0.25% // Big Tech outperforming).
► There is little doubt that Nvidia will report another strong result in its last quarter - but the gains have already gone a long way and expectations are high (and priced in). It is quite possible that investors are worried about a potential share price slide as we head towards NVDA's earnings report.
🗣️ Tip: Multiply your usual trade size by ~ 6 - 8 (600% - 800%) when trading the Nasdaq (NAS100).
⏱ Trading Signal DELAYED by: 40+ (!) minutes! ⚠️
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🇺🇸🖥1️⃣8️⃣7️⃣7️⃣5️⃣🔽
🖥 VT Markets (🇬🇧🇳🇿🇪🇺🌍)
🖥 PU Prime (🇨🇦🇦🇺🇳🇿🇬🇧🇪🇺🌍)
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🖥 Libertex (🇪🇺🌍)
⚡️ FREE RAPID SIGNAL 🕯
BUY NOW 🔼 Gold (XAU/USD)🥇
SL 🔑 @: 2378.93
TP ✅ @: 2408.77
► US yields fell, providing some fundamental support for gold, but yields also fell on improving risk sentiment as US equities performed solidly at the start of the US session. There was a slight rotation out of safe havens into risk assets (including equities).
► Potentially more importantly, markets are concerned about a possible hawkish Fed meeting minutes that would further lower rate cut expectations. Interestingly, we are not currently seeing this effect on the USD and US bonds.
► We are therefore buying the fall in the gold price now below $2,385 - which is now also driven by sentiment (panic selling). We see an increasing amount of buying orders near $2,385 but in view of the strong gains this week, the current "correction" even if fundamentally not supported may go a bit further.
► We thus work with a tight SL.
🗣️ Tip: Multiply your usual trade size by ~ 0.5 - 0.8 (50% - 80%) when trading gold (XAU/USD).
⏱ Update DELAYED by: 15+ (!) minutes! ⚠️
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🔰 NYSE OPENING UPDATE 🕯
We see a mixed / predominantly flat opening. Our positions benefit from pre-market movements.
🔹 The Dow Jones (- 0.15%) is down slightly after a positive performance yesterday. We have a tight SL that could trigger.
🔹 Meta (+ 0.7%) opens higher for a change and benefits from the fact that Morgan Stanley rates Meta as "OVERWEIGHT" and sees strong additional monetization potential for Meta (and thus agrees with us). We tighten our SL 🔑 @: 463.47 and our TP ✅ @: 472.47 (near break-even).
🔹 Tesla (- 1.9 %) opens significantly lower, although Morgan Stanley again rates Tesla as "OVERWEIGHT". MS says Tesla will be increasingly connected to AI and enjoy its benefits. However, disastrous sales figures in Europe (with a 15-month low) for Tesla weigh on the stock. We are tightening our SL (in the money for our re-entry): SL 🔑 @: 185.13.
► We see a sideways movement with very low trading volume. We could find a solid entry in Alphabet, which is underperforming in pre-market and has further upside potential in time frames alone - but I don't see big opportunities ahead of Nvidia's earnings report. Let's see how market sentiment moves stocks in early trading - but we'll see mostly sideways movement.
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SELL NOW 🔽 WTI (USOIL) 🛢 (spot)
► We sell the current rebound (attempt) in oil and position ourselves SHORT in WTI at ~$78.00/barrel (spot / ~$78.15 July contract). Oil remains under pressure from an increasing flight to safety, which is also a tailwind for the USD ahead of the FOMC meeting minutes. We also see greater concerns about inflation - although the data came out of the UK where inflation continues to cool, but at a slower pace than expected.
► Global physical crude oil markets are weakening due to lower refinery demand, which could further weigh on oil prices. We are also seeing rising supply, while concerns about a global economic slowdown are increasing. Asian markets again saw mixed trading.
► Furthermore, as reported yesterday by the API, crude oil inventories in the US rose by +2.48 million barrels compared to an expected drawdown of 3.1 million barrels. This is also a significant change compared to the previous week, in which inventories had fallen sharply (-3.1 million barrels in the week ending Friday, May 10).
🗣️ Tip: Multiply your usual lot size by ~ 0.6 - 0.8 (60% - 80%)* trading WTI (USOIL) / CRUDOIL - [VT Markets / PU Prime / Markets / Libertex] *multiply by 10 when trading at Admiral Market / Markets WebTrader / *multiply by 1000 when trading at Tickmill. ⚠️ The Jule-Futures Contract is currently ~$0.15 above the spot price
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BUY NOW* 🔼 Gold (XAU/USD)🥇
► Our pending order was not triggered (can be closed). We want to be LONG in gold today, which faced some headwinds in Asian trading (as we expected), reaching a low around $2,411.50, and further headwinds from higher than expected inflation in the UK (gold fell to ~$2,410.55), leading to a rise in yields (especially in UK gilts, but also in Europe and the US).
► US Treasury yields rose slightly (+2-3.5 bps for US 10-y) but stabilized ahead of the FOMC meeting minutes. The minutes of the FOMC meeting could put slight pressure on the gold price (and support the USD), but after recent hawkish comments from Fed officials, there is little scope for a hawkish surprise.
► The FOMC meeting minutes will be released in the second half of US trading (18:00 UTC+0).
► We find again an entry price similar as in the past two days (in US pre-market trading) in the range $2,412 - $2,415*. We expect gold to push back (again) to the $2,424 - $2,430 range today.
► Gold benefits from the current unsettled market sentiment as well as concerns about the valuation of global stock markets which remain near record levels.
► Rising budget deficits continue to support gold even as the outlook for rate cuts remains uncertain. Swap markets currently expect a 64% chance for a first rate cut by the Fed in September.
🗣️ Tip: Multiply your usual trade size by ~ 0.5 - 0.8 (50% - 80%) when trading gold (XAU/USD).
⏱ Trading Signal DELAYED by: 30+ (!) minutes! ⚠️
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——-
🥇2️⃣4️⃣1️⃣5️⃣📈
🖥 VT Markets (🇬🇧🇳🇿🇪🇺🌍)
🖥 PU Prime (🇨🇦🇦🇺🇳🇿🇬🇧🇪🇺🌍)
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✅ 20.5 - NAS100 - LONG ↗️ (TP - 18699.30)
✅ 20.5 - XAU/USD - LONG ↗️ (TP - 2432.84)
✴️ 20.5 - US30 - LONG ↗️ (open - off-profit)
👉 SL 🔑 @: 39798.70 | TP ✅ @: 40017.90
❌ 20.5 - XAU/USD - LONG ↗️ (SL - 2421.93 | or TP - 2433.47) 🔄
2/4 - (1 open position)
TODAY :
✅ 21.5 - XAU/USD - LONG ↗️ (TP - 2433.47)
✴️ 21.5 - TSLA - SHORT ↘️ (open - off-profit + Re-Entry)
✅ 21.5 - XAU/USD - LONG ↗️ (SL - 2421.57) 📸
✴️ 21.5 - USD/CAD - LONG ↗️ (open - break-even)
👉 SL 🔑 @: 1.36297 | TP ✅ @: 1.36723 (optional)
2/4 - (2 open positions)
Almost untradeable market - sorry for our current under average performance. We should mostly trade risk sentiment here with gold and the USD. Our Tesla SHORT(s) went two times quickly into profit but is overall deep off-profit at NYSE closing with Tesla moving back to sessions highs. Momentum in Tesla now strong which could push our position into our tight SL - depending also whether there is an analyst call for Tesla tomorrow. We made nice profits with gold today (especially if you closed yesterday's gold position also at 2433.47). Our second gold trade from today hit our tight SL (still hovers at that level). We may see additional selling during Asian trading and we can work with a optional pending order for gold:
🔰 OPTIONAL PENDING ORDER 🕯
BUY AT 2406.23 🔼 Gold (XAU/USD)🥇
⚡️ RAPID UPDATE 🔰
Gold (XAU/USD)🥇
SL 🔑 @: 2421.57
TP ✅ @: 2424.97
USD/CAD
SL 🔑 @: 1.36297
TP ✅ @: 1.36723 (optional)
Dow Jones (US30) 🇺🇸
SL 🔑 @: 39798.70
TP ✅ @: 40017.90
Today's sideways market was to be expected given the thin trading and the fact that traders are waiting for Nvidia's earnings report. Nevertheless, Wall Street ended the day in the green - and proved resilient. We want to set a tight SL for our gold position here as we have seen mostly light selling in gold in Asian trading. Although I like to be LONG in gold in the current market environment and sentiment, we can find a better re-entry whether our tight SL or TP is triggered.
You can update the USD/CAD or go with wider SL & TP. The pair has not moved after initial volatility (mainly USD gains) and is in a sideways move.
We tighten the SL of our Dow Jones position. I don't like our original entry price - although a positive report from Nvidia (even though Nvidia is not part of the Dow Jones) would push the 30 average back above 40K. We may see more buying first tomorrow ahead of Nvidia's earnings report.
——-
📉📈📉📈📉📈
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BUY NOW 🔼 (VIP ONLY)
► There is not much we can / want to trade in this market with very low volatility and extremely thin trading volumes. We generally see increasing caution in the market ahead of tomorrow's Nvidia report. After very strong gains of more than 90% this year, Nvidia has a lot of room to fall significantly if expectations are high. There is no doubt that Nvidia will report very impressive sales (growth), but we see high expectations already priced in now (possibly above analyst expectations).
► The cautious sentiment will generally favor the USD.
► We have seen some weakness in Asia / China today - headwinds for (VIP ONLY). We have seen a significant drop in (VIP ONLY) today, (VIP ONLY) ...
►(VIP ONLY) disinflation has returned and is running (VIP ONLY) inflation target of 2%. The swap markets expect a (VIP ONLY)% probability that (VIP ONLY).
► The (VIP ONLY) is therefore expected to (VIP ONLY) and to start from (VIP ONLY). The (VIP ONLY) reached a high of almost (VIP ONLY) today (VIP ONLY) - we can now position LONG - (VIP ONLY) ...
► The rather hawkish comments from Fed officials have not triggered much USD buying as they did not come as a surprise, but limit the downside potential of the USD despite lower US Treasury yields.
⏱ Update DELAYED by: 15+ (!) minutes! ⚠️
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———
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Gold (XAU/USD)🥇
TP1 triggered ✅ @: 2433.47
We made a huge gold trade today - which hit our very well placed TP (TP1). If your gold position from yesterday is still open - please tighten the SL now a bit:
⚡️ RAPID UPDATE 🔰
Gold (XAU/USD)🥇
SL2 🔑 @: 2421.93
TP2 ✅ @: 2436.93
———-
Our gold trades from the past 30 days:
✅ 23.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 25.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 25.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 25.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 25.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 29.04 - Gold (XAU/USD)🥇 - LONG ↗️
❌ 30.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 02.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 03.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 03.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 06.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 06.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 07.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 08.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 09.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 09.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 09.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 10.05 - Gold (XAU/USD)🥇 - SHORT ↘️
❌ 14.05 - Gold (XAU/USD)🥇 - SHORT ↘️
✅ 15.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 16.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 20.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 21.05 - Gold (XAU/USD)🥇 - LONG ↗️
21/23 = 91.3% Success Rate
✴️ 20.05 - Gold (XAU/USD)🥇 - LONG ↗️
Become part of the VIP community 👤
CONTACT US NOW 👍
⚡️ RAPID UPDATE 🔰
Gold (XAU/USD)🥇
SL1 🔑 @: 2424.77
SL2 🔑 @: 2418.97 (optional / or SL1)
TP1 ✅ @: 2433.47
TP2 ✅ @: 2436.93 (optional / or TP1)
Our gold position is overall well in profit with us finding a strong re-entry today taking advantage of the sentiment driven gold profit taking in overnight trading. I see further gains ahead for gold - especially with an increasingly cautious sentiment in the market.
We want to secure a big profit with our gold trade from today (SL1 & TP1) and tighten the SL / TP for our gold position from yesterday (SL2 & TP2). Alternatively you can only work with SL1 & TP1.
——-
🥇📈2️⃣3️⃣4️⃣0️⃣
🖥 VT Markets (🇬🇧🇳🇿🇪🇺🌍)
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🖥 Admiral Markets (🇪🇺🇦🇺🇳🇿🌍)
🖥 Libertex (🇪🇺🌍)
🔰 NYSE OPENING UPDATE 🕯
We see a mixed opening with very little trading volume in New York.
🔹 The Dow Jones (+0.1%) is up slightly in pre-market trading after suffering losses yesterday, led by the sharp fall in JPMorgan. We are maintaining our SL & TP for the time being.
🔹 Chevron (- 0.3%) is facing headwinds from lower oil and gas prices. CVX is still cheap and has significant upside potential, but we could find a better entry price. We set an SL 🔑 @: 159.94 and tighten our TP ✅ @: 162.93.
🔹 Meta (- 0.3 %) opens slightly weaker, similar to the Nasdaq 100 as a whole, as the growth sector is currently experiencing headwinds. We remain LONG for the time being, but could tighten our TP soon.
► We are not making any NYSE opening trades for the time being as the markets are flat with extremely thin trading volumes. I expect slight gains in early US trading, but we are already rather LONG, so we do not want to increase our positioning here.
⏱ Update DELAYED by: 30+ (!) minutes! ⚠️
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——-
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BUY NOW / STAY LONG 🔼 Gold (XAU/USD)🥇
SL 🔑 @: (VIP ONLY)
► Our second gold trade from yesterday is currently out of the money after market sentiment changed yesterday following Dimon's comments on inflation, which he believes will continue to be a problem for some time, and on further headwinds for the equity markets. US yields rose slightly after Dimon's comments (by 3-5 basis points after previously being in negative territory). We are now seeing yields in the US fall again and the USD is also giving back some of yesterday's slight gains.
► The markets in Asia and Europe fell today and there was profit-taking after yesterday's sharp rise in the price of gold, which drove the precious metal to an all-time high.
► However, the market is currently still assuming that interest rate cuts will still come this year. Last week, it emerged that consumer prices in the US rose slightly less than expected in April, indicating that inflation has resumed its downward trend and keeping hopes of a rate cut in September alive. Investors will listen closely to what Fed officials have to say today.
► Gold will also see dip buying, especially near $2,400, as investors expect the gold price to continue its positive trend.
► Gold will also be supported by the Chinese central bank's increased holdings and China's massive stimulus plans (for its real estate sector) as well as burdensome debt in the US.
► As risk sentiment is more cautious today, we see gold from a sentiment point of view supported and find a good entry point similar to yesterday. We currently see a slight dip to range $2,412 - $2,415. We are working with a relatively tight SL - near (VIP ONLY)...
🗣️ Tip: Multiply your usual trade size by ~ 0.5 - 0.8 (50% - 80%) when trading gold (XAU/USD)
⏱ Signal DELAYED by: 25+ (!) minutes! ⚠️
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——-
🥇2️⃣3️⃣1️⃣3️⃣📈
🖥 VT Markets (🇬🇧🇳🇿🇪🇺🌍)
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✅ 17.5 - US30 - LONG ↗️ (TP - 39929.7)
✅ 17.5 - AUD/USD - SHORT ↘️ (SL - 0.66776) 🔄
✴️ 17.5 - CVX - LONG ↗️ (open - off-profit)
👉 TP ✅ @: 163.27 🔄
2/3 - (1 open positions)
TODAY :
✅ 20.5 - NAS100 - LONG ↗️ (TP - 18699.30) 📸
✅ 20.5 - XAU/USD - LONG ↗️ (TP - 2432.84) 📸
✴️ 20.5 - US30 - LONG ↗️ (open - off-profit)
👉 SL 🔑 @: 39696.70 🔄 | TP ✅ @: 40038.90 🔄
✴️ 20.5 - XAU/USD - LONG ↗️ (open - off-profit)
👉 TP ✅ @: 2438.97 🔄
2/4 - (2 open positions)
Positive market sentiment prevailed for most of the day, but there was increased profit-taking in the second half of trading. The intraday shift in sentiment, triggered by comments from JPMorgan CEO Jamie Dimon, was difficult to trade today. We now saw additional headwinds in after-hours trading after Palo Alto fell significantly following the earnings report.
Gold should benefit from the more cautious sentiment, but faces slight headwinds from a slightly stronger USD, a slight rise in Treasury yields and the rise in Bitcoin. We set our TP at near $2,440. We also update SL & TP for our Dow Jones positions, which were hit hard by the sharp drop in JPMorgan and or due to Dimon's concerns about the overvaluation of US equities, including JPMorgan stock price.
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BUY NOW 🔼 Gold (XAU/USD)🥇
► Our gold LONG hit the TP earlier for a big profit - we currently see gold near $2,430. Gold will likely trying to push higher again (and above $2,436) during overnight trading.
► We remain LONG as risk sentiment has also deteriorated slightly and there has been profit taking in equities in New York - which has been exacerbated in particular by bearish comments from JPMorgan CEO Jamie Dimon: "I'm cautiously pessimistic, we have the most complicated geopolitical situation that most of us have not seen since World War II. We don't really know the full effect of (..) quantitative tightening (..) I find it mysterious that, somehow, it has a beneficial effect, but it's going to have a negative effect when it goes away. I personally think inflation is a little bigger than people think, and rates may surprise people...".
► Dimon said that JPMorgan will not purhcase (much) on the stock market at current prices (also no buybacks - which signals that also JPMorgan's stock price is high) and will instead remain patient - significantly weighing on Wall Street's largest bank. JPMorgan faced additional headwinds as CEO Dimon signaled that his retirement is closer than ever.
► We expect yields to remain stable and thus gold to face only little additional fundamental headwinds. Gold will be able to gain again towards NYSE closing and during Asian trading tomorrow.
🗣️ Tip: Multiply your usual trade size by ~ 0.5 - 0.8 (50% - 80%) when trading gold (XAU/USD)
⏱ Signal DELAYED by: 30+ (!) minutes! ⚠️
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——-
You can enter gold in the range $2,425 - $2,428 📈
🥇📈2️⃣3️⃣4️⃣0️⃣
🖥 VT Markets (🇬🇧🇳🇿🇪🇺🌍)
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🖥 Libertex (🇪🇺🌍)
⚡️ RAPID UPDATE 🔰
Gold (XAU/USD)🥇
SL 🔑 @: 2418.97
TP ✅ @: 2432.84
Another day another big profit with gold.
We found a near perfect entry into gold trading against the market and expecting support below $2,415. We now set an in-profit SL and give gold much more room to rise further / rebound.
Congratulations!
——
We won more than 90% of our gold trades over the past 30 days:
✅ 23.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 25.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 25.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 25.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 25.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 29.04 - Gold (XAU/USD)🥇 - LONG ↗️
❌ 30.04 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 02.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 03.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 03.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 06.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 06.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 07.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 08.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 09.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 09.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 09.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 10.05 - Gold (XAU/USD)🥇 - SHORT ↘️
❌ 14.05 - Gold (XAU/USD)🥇 - SHORT ↘️
✅ 15.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅ 16.05 - Gold (XAU/USD)🥇 - LONG ↗️
✅✴️ 20.05 - Gold (XAU/USD)🥇 - LONG ↗️ (SL in Profit)
20/22 = 90.9% Success Rate
🖥 VT Markets (🇬🇧🇳🇿🇪🇺🌍)
🖥 PU Prime (🇨🇦🇦🇺🇳🇿🇬🇧🇪🇺🌍)
🖥 Admiral Markets (🇪🇺🇦🇺🇳🇿🌍)
🖥 Libertex (🇪🇺🌍)
Most of you earned a small fortune with our gold trades over the past 30 days / all year - nobody has been trading gold short-term more successfully than us this year (success rate near 90%). Please share some of your profits with people in need ❤️
⚡️ RAPID UPDATE 🔰
Tesla (TSLA) 🇺🇸
SL 🔑 @: 182.86
TP ✅ @: 180.02
Dow Jones (US30) 🇺🇸
SL 🔑 @: 39846.90
TP ✅ @: 39997.90
Tesla looked like a disaster yesterday - we saw/are seeing a low volume market which can lead to strong moves even without fundamental support (sentiment driven) - we've even seen this in super liquid gold now. Tesla posted strong sentiment-driven gains yesterday and is now facing fundamental headwinds.
Our overall position is now well in profit (depending on trade size). We set a tight SL and hold our now tight TP.
We continue to tighten the SL of our Dow Jones position - a more cautious trading is becoming increasingly likely in the direction of the Fed minutes / NVDA's earnings report.
——-
⚡️🚗🔽1️⃣8️⃣0️⃣
🖥 VT Markets (🇬🇧🇳🇿🇪🇺🌍)
🖥 PU Prime (🇨🇦🇦🇺🇳🇿🇬🇧🇪🇺🌍)
🖥 Admiral Markets (🇪🇺🇦🇺🇳🇿🌍)
🖥 Libertex (🇪🇺🌍)
⚡️ RAPID UPDATE 🔰
Tesla (TSLA) 🇺🇸
SL 🔑 @: 184.11
TP ✅ @: 180.06
Meta Platforms (META) 🇺🇸
SL 🔑 @: 467.48
TP ✅ @: 472.47
Dow Jones (US30) 🇺🇸
SL 🔑 @: 39828.70
TP ✅ @: 39997.90
Gold (XAU/USD)🥇
TP ✅ @: 2417.33 (or wider)
Tesla is falling very sharply (currently near 3% lower - despite Morgan Stanley's (again) positive analyst call). We set our TP now near $180.00 and tighten our SL. Our overall position is back in profit. We tighten SL for our Dow Jones position / and set the TP at 40000.
We also tighten the SL for Meta.
We stay LONG in Gold (we see yields trimming some of the earlier gains reducing headwinds on gold). You can tighten your TP - we expect gold to rebound.
📊 ROB’S DAILY UPDATE 📈
‼️ Wall Street little changed as activity is subdued ahead of NVDA; Increased inflation concerns
Wall Street opens unchanged as investors await key results from Nvidia to see if the massive AI rally that has been the main reason for Wall Street's strength over the past 15+ months can continue. Nvidia shares are trading little changed near record highs in pre-market trading.
Markets also became more nervous over the prospect of stubbornly high inflation, which could prevent central banks from easing monetary policy as early as expected. Hawkish comments from Fed officials lowered expectations of a Fed rate cut. Only the swap markets see a chance of just over 60% for a rate cut in September. The latest data from the UK shows that inflation is continuing to fall - albeit more slowly than expected.
With global equity prices near record highs, we need economic data that is close to ideal: It must not point to a dramatic slowdown in growth and consumer demand, while showing that disinflation is continuing or that the economy and labor market are moderately easing. It is absolutely not easy to be achieved. Much will depend on Nvidia, which will publish its results after today's US session. Strong forecasts from Nvidia would help global equities (especially tech stocks) to reach new all-time highs.
Stocks in Asia were mostly mixed today, while European stocks were down around 0.3% as hotter-than-expected inflation data from the UK had a stronger impact on sentiment in Europe (including the Eurozone).
The Reserve Bank of New Zealand (RZBA) also left interest rates unchanged today, signaling that policy will remain tight for longer, while Fed Governor Christopher Waller said yesterday that he wants to see more good inflation data before Fed starts cutting rates. The minutes of the latest Fed meeting will be released later today (18:00 UTC+0).
Target lost almost 7% after its earnings forecast fell short of estimates and Lululemon Athletica sank as much as 4% after announcing organizational changes. Tesla slipped 2% after news that sales in Europe fell to a 15-month low in April.
Trading volumes remain very low - exceptionally low for May.
Increased caution also led to a further rise in the USD, which also weighed on commodity prices. Gold retested recent lows at $2,406 (as we expected yesterday) but continues to be supported by increased safe-haven demand. Yesterday's API report showing that inventories in the US rose last week also pushed oil prices lower.
👁 ROB'S MARKET OVERVIEW:
May 22, 2024
🌐/🇺🇸 Global Markets ➡️/↕️ (sideways movement with rising volatility after Fed meeting minutes and before NYSE closing / ahead of Nvidia's earnings report)
Cyclical / Luxury Stocks ➡️/↕️
Tech/Growth Stocks ➡️/↕️
Financial Stocks ↘️/➡️/↕️
Defensive Stocks ➡️
Energy Stocks ↘️/➡️ (slight further headwinds due to weaker energy prices)
Materials Stocks ↘️
💱 Forex (low volatility)
USD ↗️/↕️ (gains towards Fed meeting minutes)
GBP ↗️/➡️ (limited upside potential after initial gains post UK inflation report)
EUR ➡️
CAD, AUD ↘️/➡️ (headwinds from weaker oil prices, lower than expected inflation in Canada)
CAD, AUD ↘️ (remains weak as rate cut hopes decline slightly in US, UK, Eurozone, NZ)
⚒ Commodity Markets ↘️
Oil prices ↘️
Natural Gas prices ↘️/↕️
Metal prices ↘️/↕️
Gold /↘️/↕️/↗️ (headwinds from stronger USD, higher yields, benefits from cautious mood)
⚡️Cryptos ↘️/↕️ (volatile with potentially more profit taking ahead - for now hovering near $70K)
(*↗️ bullish, ↘️ bearish, ➡️ sideways / stable, ↕️ mixed / volatile)
Your Robert
⚠️ NON-DELAYED ROB'S DAILY UPDATE IN VIP CHANNEL
Dear SmartTrader Community!
You have now the option to join SmartTrader Community - currently access for all SmartTrader VIP members!
Connect with inspiring people from all over the world 🌐
For example with: FireBird66🔥 🇩🇪 (DE - Community)
He has closed 46 (!) successful gold trades without a loss - in a row (!) - something that 99.9999% of the gold/short-term traders in the world will never achieve. One of his former mentors was Frederic Ebner - but he has already significantly surpassed Ebner's performance (" (..) if the student becomes better than (the) master, he has done it right.😁(..)") by focusing on SmartTrader (Robert's analysis) and his own market analysis and is also now a full-time professional trader.
Congratulations to FireBird66🔥 - thank you for being part of the community.
Team SmartTrader
📊 SmartTrader Insights: Wednesday Markets Wrap 🗒
📆 Wednesday, May 22
❗️ Markets remain unsettled ahead of Nvidia earnings & FOMC minutes; UK inflation higher than expected
► European markets dipped as investors absorbed mixed economic data and corporate earnings. The European Stoxx 600 fell by 0.35%, with most sectors trading in the red. The UK’s inflation rate dropped to 2.3% in April (core inflation 3.9% YoY), while the lowest since July 2021 the data came in well above expectations. The GBP surged while gilts plunged, causing the two-year yield to rise by approximately 14 basis points. The disappointing inflation report is the main reason for today's headwinds in Europe, as it pushes back expectations that the Bank of England will be able to cut interest rates and also increases doubts that price pressures are easing.
► In the US, all major indexes ended higher on Tuesday as investors assessed earnings reports from major retailers and anticipated Nvidia’s earnings results. S&P 500 futures are currently unchanged as the market awaits the Federal Reserve’s policy meeting minutes. The 10-year Treasury yield edged up by 3 basis points to 4.44% following gains in Europe. There is some optimism ahead of Nvidia’s earnings report which could benefit other tech stocks, however investors brace for volatility ahead of the report.
► Asian markets had mixed performances with the MSCI Asia Pacific index trading within a narrow range after breaking a seven-session win streak. Japan’s Nikkei 225 fell by 0.85% due to a widened trade deficit and weaker-than-expected export growth. Meanwhile, the JPY weakened against the USD. In contrast, China's Shanghai Composite Index rose by 0.09%, and Hong Kong’s Hang Seng Index gained 0.11%. The NZD strengthened as the Reserve Bank of New Zealand maintained interest rates at 5.5%, signaling potential rate cuts in the second half of next year.
► Oil prices extended their losses following reports of increased stockpiles, adding to bearish market sentiment. WTI Crude oil is trading at around $77.5/barrel. Gold held near record levels for the second consecutive day, but dropped slightly to $2,410 - $2,415/oz. Gold is benefiting from investor uncertainty and expectations for rising and actual increased market volatility.
Key events in today's economic calendar:
(times in UTC+0)
♦️ 🇬🇧 Inflation Rate / CPI - 06:00 (released)
🔸 🇪🇺 ECB President Lagarde Speech - 08:05 (released)
🔸 🇺🇸 EIA Crude Oil Stocks Change - 14:30
🔸 🇺🇸 FOMC Minutes - 18:00
🔸 = Event of medium/high importance
♦️ = Event of very high importance
Key Earnings Reports:
(ordered by market capitalization)
🌙 NVIDIA (NVDA) 🇺🇸 ❗️
☀️ PDD Holdings (PDD) 🇨🇳
☀️ TJX (TJX) 🇺🇸
☀️ Analog Devices (ADI) 🇺🇸
☀️ Synopsys (SNPS) 🇺🇸
☀️ Target (TGT) 🇺🇸
🌙 Snowflake (SNOW) 🇺🇸
(...a few more with market cap <$25B)
SmartTrader™ Analyst team & Robert Lindner
Overview last 30 trading days:
✅ Performance: 09.04 - 14.05 (26 trading days)
137 / 166 = 82.5% Success Rate
(April 8 - with 6 won trades out of 6 fell out)
✅ 15.5 - AUD/JPY - LONG ↗️ (SL – 103.523)
✅ 15.5 - USOIL - LONG ↗️ (TP – 78.879)
✅ 15.5 - NAS100 - LONG ↗️ (TP - 18548.9)
✅ 15.5 - AUD/USD - LONG ↗️ (TP – 0.66997)
✅ 15.5 - FRA_40 - LONG ↗️ (SL - 8239.8)
✅ 15.5 - XAU/USD - LONG ↗️ (TP - 2374.87)
✅ 15.5 - NFLX - LONG ↗️ (SL - 617.97)
✅ 15.5 - XOM - LONG ↗️ (SL - 118.13)
✅ 15.5 - NFLX - LONG ↗️ (TP - 619.77 |or TP 622.98)
✅ 15.5 - NAS100 - LONG ↗️ (SL – 18639.8)
✴️ 15.5 - FRA_40 - LONG ↗️ (open - off-profit)
10/11 - (1 open position)
✅ 16.5 - GBP/JPY - LONG ↗️ (SL - 196.687)
✅ 16.5 - AUD/USD - LONG ↗️ (TP - 0.66821)
✴️ 16.5 - META - LONG ↗️ (open - off-profit)
👉 TP ✅ @: 475.47
✅ 16.5 - CVX - LONG ↗️ (TP - 162.67)
✅ 16.5 - XAU/USD - LONG ↗️ (SL - 2378.87)
✅ 16.5 - US30 - LONG ↗️ (SL - 39953.4)
✅ 16.5 - AMZN - LONG ↗️ (SL - 184.17)
6/7 - (1 open position)
✅ 17.5 - US30 - LONG ↗️ (TP - 39929.7)
✅ 17.5 - AUD/USD - SHORT ↘️ (SL - 0.66776)
❌ 17.5 - CVX - LONG ↗️ (SL - 159.94) 🔄
2/3 = 66.7% Success Rate
CVX has triggered our SL - after the oil and gas giant was initially able to rise again. However, we see the markets generally facing headwinds and mixed market sentiment. A negative Asian session could put further pressure on oil prices - we can find a better re-entry into the energy sector anyway. Meta had another disappointing session and is now seeing some resistance after a strong rebound following the earnings report. We stayed in for now as we may see some optimism ahead of Nvidia's earnings report tomorrow. The CAC 40 ended the day with losses but recovered somewhat in after-hours trading - similar to the Dow Jones, we do not have a good entry point and will close on the next rebound (near 8200).
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SELL NOW / STAY SHORT 🔽 Tesla (TSLA) 🇺🇸
SL 🔑 @: 187.63
► Tesla remained a strong outperformer and is now trading more than 6% higher than the previous day. If you are still SHORT, we can re-enter here in the $186.00 - $186.50 range near the May highs (reached on May 6) and expect some profit taking at the NYSE close.
► Tesla benefited today from a positive analyst call from Morgan Stanley and an update from Tesla executive Dan Priestley, who said Tesla is building an electric semi-truck factory in Nevada that will be ready for customer deliveries in 2026 and ramping up to a target capacity of 50,000 units per year.
► Tesla had a strong opening and experienced additional FOMO buying. We are now working with a tight SL (at May highs) but expect profit taking in the last hour of US trading (also in other growth stocks).
► Positive figures from the Chinese EV company XPeng (in contrast to Li Auto) could also brighten up the otherwise rather poor mood in the EV sector. However, this does not make the competitive situation any easier for Tesla.
🗣️ Tip: Multiply your usual trade size by ~ 280 - 300 (28,000% - 30,000%) trading Tesla (TSLA)
⏱ Trading Signal DELAYED by: 45+ (!) minutes! ⚠️
⚡️ Receive non-delayed trading signals in the VIP Channel!
——-
📈1️⃣8️⃣6️⃣🎯📉
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🖥 Libertex (🇪🇺🌍)
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BUY NOW* 🔼 Gold (XAU/USD)🥇
► Our SL of our gold position from yesterday was triggered - our position thus closed out of profit. However, we are re-entering at a lower price. Anyone who also closed yesterday's gold position in our TP1 was better off here - we were a bit too greedy.
► A stronger USD, which benefits from safe-haven buying, weighs on gold (in the short term).
► However, gold remains well supported and we are re-entering gold below our triggered SL - range $2,417 - $2,420*. We continue to see gold well supported - also in the short term.
► The generally cautious sentiment will support gold. Furthermore, we do not see yields rising as bonds also remain (apparently) attractive at current yields as a flight to safety.
► We remain LONG in gold.
🗣️ Tip: Multiply your usual trade size by ~ 0.5 - 0.8 (50% - 80%) when trading gold (XAU/USD)
⏱ Update DELAYED by: 40+ (!) minutes! ⚠️
⚡️ Receive non-delayed update in the VIP Channel!
——-
🥇📉2️⃣4️⃣1️⃣8️⃣📈
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🖥 Libertex (🇪🇺🌍)
📣 Dear SmartTrader Community!
We started yesterday our SmartTrader Community 💬
...in which you can connect with all other SmartTrader members.
🔒 Currently it's only open for SmartTrader VIP members.
Over the past years, I’ve missed engaging with our community, and I’m thrilled to connect with all of you - whether new or long-term SmartTrader members. However, our new SmartTrader Community is not about me; it's about you and for you.
We aim to bring together like-minded individuals to discuss markets, strategies, investing, and everything related to financial markets and trading, as well as anything else that matters to you - or maybe doesn’t matter that much 😉.
We envision our new SmartTrader Community growing into a space where traders of all experience levels can share insights, learn from each other, and support one another. Unlike most other trading communities, we are committed to fostering a space free from scams and unwelcoming atmospheres. We strive to be open, respectful, and inclusive, providing a safe and supportive environment for everyone. This has always been our approach - we want to be different, better, 100% trustworthy, supportive, and fully transparent.
Most of the SmartTrader Team is also looking forward to connecting with you including our SmartTrader Community Manager Isabella. We are all very excited.
Best,
Robert + Team
———
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VERKAUFEN 🔽 Tesla (TSLA) 🇺🇸
► Wir verkaufen die starke Outperformance von Tesla, das derzeit fast 2,5 % höher notiert (derzeit bei $179,10 - $179.60). Tesla profitiert auch von einer positiven Analysteneinschätzung von Morgan Stanley profitiert, die Tesla mit "OVERWEIGHT" einstuft. Ich finde die Analyse von Morgan Stanley hier enttäuschend - sie berücksichtigt nicht umfangreich genug die aktuellen Fundamentaldaten und den jüngsten Trend bei den Fundamentaldaten, sondern eher, wie sehr sich CEO Elon Musk darauf konzentrieren wird, Tesla wieder zu einem (großen) Erfolg zu machen.
► Ich sehe ein schwieriges Umfeld für Tesla - das sich durch die Aufholjagd der chinesischen Elektroautohersteller und den Preiskampf zwischen Tesla und ihnen eher noch verschlechtern wird. Wir sehen auch eine nachlassende Nachfrage nach Elektroautos, was dazu führen könnte, dass Tesla die Preise weiter senken muss. Das "Risiko" von Preissenkungen, die zu mehr Tesla-Verkäufen führen, bleibt hoch.
► Tesla hat in den letzten zwei Wochen immer mal wieder Widerstand im Bereich von $179,00 - $180,00 gesehen. Wir sehen den EV-Hersteller jetzt in diesem Bereich und verkaufen hier.
► Wir sehen generell gemischte Märkte in New York mit etwas Gegenwind für Wachstumswerte und einer leichten Rotation in defensivere Werte.
🗣️ Tip: Multiplizieren Sie Ihre übliche Handelsgröße mit ~ 280 - 300 (28.000% - 30.000%) beim Handel mit Tesla (TSLA)
⏱ Update DELAYED by: 20+ (!) minutes! ⚠️
⚡️ Receive non-delayed update in the VIP Channel!
——-
⚡️🚗📈1️⃣8️⃣0️⃣❌
🖥 VT Markets (🇬🇧🇳🇿🇪🇺🌍)
🖥 PU Prime (🇨🇦🇦🇺🇳🇿🇬🇧🇪🇺🌍)
🖥 Admiral Markets (🇪🇺🇦🇺🇳🇿🌍)
🖥 Libertex (🇪🇺🌍)
📊 ROB’S DAILY UPDATE 📈
‼️ Wall Street flat with lowest volume this year; Fed comments, Nvidia report in focus
Wall Street is flat in pre-market trading with very low volatility as traders retreat to the sidelines ahead of Nvidia's results and speeches from a number of Federal Reserve policymakers. Today is also set to be a quiet day in terms of earnings reports and economic data. Yesterday saw the lowest trading volume this year and there is even less volume in pre-market US trading today.
Palo Alto Networks was the biggest loser in pre-market New York trading, falling as much as 8.5% after the security software company released a disappointing revenue forecast for the quarter. The Dow Jones, S&P 500 and Nasdaq 100 remained largely unchanged, while shares in Europe and Asia fell - Chinese and Hong Kong shares in particular saw significant profit-taking after recent gains.
Investors are mainly waiting for the results of artificial intelligence market leader Nvidia, which has accounted for much of the recent gains in the S&P 500. Nvidia shares also rose 2.5% yesterday, leading to a record close for the Nasdaq 100. Analysts remain bullish on Nvidia and believe that the company's revenue increased 243% last quarter - however, much of the enthusiasm is already priced in as Nvidia is up 91% (!) in the last year.
We are seeing a little more volatility in commodity prices. Gold, silver and copper reached new all-time highs yesterday. The rise in commodity prices has so far not changed the belief that inflation will continue to weaken and that the US Federal Reserve and other major central banks will be able to cut interest rates this year. Oil prices have fallen today, which has eased some of the potential inflation concerns.
We are cautiously optimistic but see limited or almost no upside for today and tomorrow as global equity prices are near record highs. Ahead of Nvidia's earnings report on Wednesday (after market close), there is no catalyst that could lead to a strong rally. Most analysts are also optimistic, although the rather pessimistic comments from JPMorgan CEO Jamie Dimon weighed heavily on risk sentiment yesterday. JPMorgan's Kolanovic is the last prominent bear after Morgan Stanley's Mike Wilson yesterday reversed his bearish outlook to slight gains by the end of 2025.
The day will also see speeches from central bank officials, including Fed Governor Christopher Waller, but overall, as mentioned, it's another quiet day with little in the way of key data to move global markets, risk sentiment or Wall Street.
Bonds and the USD are also little changed. Crypto prices rose (to overbought conditions) on signs of momentum towards US approval of ETFs that invest directly in the second largest token Ether.
👁 ROB'S MARKET OVERVIEW:
May 21, 2024
🌐/🇺🇸 Global Markets ↘️/➡️ (rising caution / mostly sideways movement)
Cyclical / Luxury Stocks ↘️/➡️
Tech/Growth Stocks ↕️ (with high importance what Nvidia does)
Financial Stocks ➡️
Defensive Stocks ➡️/↗️ (rotation into more defensive stocks)
Energy Stocks ↘️/➡️ (slight headwinds due to lower oil prices, but energy remaining oversold)
Materials Stocks ↗️/➡️
💱 Forex (low volatility)
AUD ↗️/➡️ (slight rebound after yesterday's selling, but headwinds due to cautious mood)
USD ↘️/➡️/↗️
EUR, GBP, CHF, JPY ➡️
CAD ↘️/➡️ (headwinds from weaker oil prices, lower than expected inflation in Canada)
⚒ Commodity Markets ↘️/↕️
Oil prices ↘️/➡️
Natural Gas prices ↘️/↕️
Metal prices ↘️/➡️
Gold /↘️/↕️/↗️ (early headwinds but benefiting from cautious mood / general bullish outlook)
⚡️Cryptos ↕️ (volatile after yesterday's strong gains; will continue to hover near $70.000 and see some rapid profit taking and gains)
(*↗️ bullish, ↘️ bearish, ➡️ sideways / stable, ↕️ mixed / volatile)
Your Robert
⚠️ NON-DELAYED ROB'S DAILY UPDATE IN VIP CHANNEL
📊 SmartTrader Insights: Tuesday Markets Wrap 🗒
📆 Tuesday, May 21
❗️ European & Asian stocks decline after profit taking in New York and as focus turns to Nvidia & FOMC minutes on Wednesday
► European stock futures declined, influenced by shifts in investor focus towards Nvidia's upcoming earnings report. Risk sentiment soured after Jamie Dimon, arguably the single most significant figure in global finance, gave his clearest indication yet that he is thinking about stepping down from JPMorgan. His comments on the impending headwinds for equities and JPMorgan's currently unattractive share price for buybacks also weighed on risk sentiment and led to heavy selling in JPM. Contracts for the STOXX Europe 600 fell 0.35%, reflecting the cautious sentiment.
► US markets closed mixed on Monday as investors sought clarity on the Federal Reserve's interest rate strategy. US futures held steady, with the S&P 500 and Nasdaq relatively unchanged. Wall Street futures and many components of the S&P 500 hit 52-week or all-time highs yesterday, but suddenly faced headwinds from Dimon's rather pessimistic assessment of the current state of the market. Market participants are anticipating the release of FOMC minutes and several speeches from Fed officials, which could provide further direction on monetary policy. On top of this, investors are awaiting the upcoming earnings report from Nvidia on Wednesday. The AI chip giant is up over 90% for the year. Analysts remain upbeat on Nvidia.
► Asian equities retreated, breaking a seven-day winning streak, with significant losses led by Li Auto following weak earnings. The Chinese economic landscape remains challenging, highlighted by minimal turnaround signs in the property sector. Local governments reported the lowest revenue from land sales in eight years, exacerbating fiscal pressures.
► Oil prices remained stable after a significant drop, driven by potential cease-fire discussions in the Middle East, which slightly eased geopolitical tensions. Gold prices traded near all-time highs, but dropped currently to $2,415/oz on some short-term profit taking and easing concerns about geopolitical uncertainties. Crypto prices surged further on signs of rising demand for Bitcoin ETFs and momentum toward US approval of ETFs investing directly in second-largest token Ether (ETH), a shift from a more downbeat outlook as recently as last week. Bitcoin & Co are overbought in the short term.
Key events in today's economic calendar:
(times in UTC+0)
🔸 🇦🇺 RBA Meeting Minutes - 01:30 (released)
🔸 🇩🇪 PPI - 06:00 (released)
🔸 🇪🇺 Balance of Trade - 09:00 (released)
🔸 🇨🇦 Inflation Rate / CPI - 12:30
🔸 🇺🇸 Speeches of Fed officials - 13:00-13:15; 15:45
🔸 🇺🇸 API Crude Oil Stock Change - 20:30
🔸 🇯🇵 Balance of Trade - 23:50
🔸 = Event of medium/high importance
♦️ = Event of very high importance
Key Earnings Reports:
(ordered by market capitalization)
☀️ Lowe's (LOW) 🇺🇸
☀️ Assicurazioni Generali (ARZGY) 🇮🇹
(...a few more with market cap <$20B)
SmartTrader™ Analyst team & Robert Lindner
Overview last 30 trading days:
✅ Performance: 08.04 - 10.05 (26 trading days)
140 / 167 = 83.8% Success Rate
(a big jump up today - from 82.1% as April 5 fell out today where we only won 3 out of 7 trades)
(13.5 - trading pause)
❌ 14.5 - XAU/USD - SHORT ↘️ (SL - 2365.26)
✅ 14.5 - US30 - SHORT ↘️ (SL - 39500.3)
✅ 14.5 - APPL - LONG ↗️ (TP - 189.39)
✅ 14.5 - NAS100 - SHORT ↘️ (SL - 18250.3)
❌ 14.5 - NAS100 - SHORT ↘️ (SL - 18363.3)
3/5 = 60% Success Rate
✅ 15.5 - AUD/JPY - LONG ↗️ (SL – 103.523)
✅ 15.5 - USOIL - LONG ↗️ (TP – 78.879)
✅ 15.5 - NAS100 - LONG ↗️ (TP - 18548.9)
✅ 15.5 - AUD/USD - LONG ↗️ (TP – 0.66997)
✅ 15.5 - FRA_40 - LONG ↗️ (SL - 8239.8)
✅ 15.5 - XAU/USD - LONG ↗️ (TP - 2374.87)
✅ 15.5 - NFLX - LONG ↗️ (SL - 617.97)
✅ 15.5 - XOM - LONG ↗️ (SL - 118.13)
✅ 15.5 - NFLX - LONG ↗️ (TP - 619.77 |or TP 622.98)
✅ 15.5 - NAS100 - LONG ↗️ (SL – 18639.8)
✴️ 15.5 - FRA_40 - LONG ↗️ (open - off-profit)
10/11 - (1 open position)
✅ 16.5 - GBP/JPY - LONG ↗️ (SL - 196.687)
✅ 16.5 - AUD/USD - LONG ↗️ (TP - 0.66821)
✴️ 16.5 - META - LONG ↗️ (open - off-profit)
👉 TP ✅ @: 475.47
✅ 16.5 - CVX - LONG ↗️ (TP - 162.67)
✅ 16.5 - XAU/USD - LONG ↗️ (SL - 2378.87)
✅ 16.5 - US30 - LONG ↗️ (SL - 39953.4)
✅ 16.5 - AMZN - LONG ↗️ (SL - 184.17)
6/7 - (1 open position)
Our CAC_40 moved back close to breakeven, but faced some headwinds from New York (in after-hours trading) after JPMorgan CEO Jamie Dimon called the high valuation of the current stock market, including JPMorgan, "too expensive". Tomorrow, global equity markets are likely to move mostly sideways. Overall, risk sentiment has become more cautious in response to Dimon's rather bearish words - nevertheless, Bitcoin was able to briefly jump above $70K - a sign that interest rate cuts later this year are still expected and we continue to see at least no risk-off sentiment (for now).
⚡️ RAPID UPDATE 🔰
Nasdaq (NAS100 / US100) 🇺🇸
SL 🔑 @: 18668.30
TP ✅ @: 18699.30
Our Nasdaq is near our TP. We pull the SL of our Nasdaq position 15 points tighter...
(Nasdaq 100 already hit our TP - this update is delayed) ⚠️ - congrats!
⚡️ RAPID SIGNAL 🕯
BUY NOW 🔼 (VIP ONLY) 🇺🇸
► ... and also position ourselves LONG in (VIP ONLY), which is moving in the opposite direction to the Nasdaq 100 - which is benefiting strongly today from the gains of Nvidia and other large tech stocks - especially AMD and Netflix.
► We see a slight rotation from defensive to growth stocks - (VIP ONLY) is even slightly down (VIP ONLY) due to losses in (VIP ONLY) and banking giant JPMorgan - these (VIP ONLY)more than 1/3 of the (VIP ONLY) are overrepresented.
► We buy the (VIP ONLY) in the range (VIP ONLY) - or (VIP ONLY) points below the daily high at around (VIP ONLY).
🗣️ Tip: (VIP ONLY)
⏱ Signal DELAYED by: 20+ (!) minutes! ⚠️
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——-
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⚡️ RAPID UPDATE 🔰
Nasdaq (NAS100 / US100) 🇺🇸
SL 🔑 @: 18653.70
TP ✅ @: 18699.30
The Nasdaq 100 rose as we predicted quickly above 18675 and found some resistance at 18700 - a new ATH.
We secure profits and set our TP at 18700.
———
🇺🇸🖥🔤🔤🔤
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