Mastering Swing Trading using Market Framework

STOCK INDICES PLEASED INVESTORS WITH STRONG GAINS BEFORE THE CHRISTMAS HOLIDAYS
Wall Street's main indices showed strong gains yesterday, with the S&P 500 closing at an all-time high. The positive for the market is the fact that the concerns of investors at the expense of the seriousness of economic consequences on the Omicron variant decreases. The Dow Jones Industrial Average (US30) gained 0.55% yesterday, the S&P 500 (US500) added 0.62%, and the Nasdaq Composite Technology Index (US100) jumped by 0.85%. Today is a bank holiday in the USA due to the Christmas holidays.
The US stock markets are outperforming stock markets in the rest of the world by most measures in 2 decades.
According to Wells Fargo, the US Federal Reserve will begin raising interest rates in the second half of 2022.
The US airlines United Airlines and Delta Air Lines were forced to cancel more than two hundred flights on the eve of the holidays due to massive COVID-19 infection of flight crews and other workers. United Airlines canceled 120 flights, and Delta Air Lines canceled about 90 flights.
European stock indexes followed the US ones yesterday. Germany's DAX (DE30) gained 1.04%, Britain's FTSE 100 (UK100) added 0.43%, France's CAC 40 (FR40) increased by 0.77%, and Spain's IBEX 35 (ES35) jumped by 1.2%. Inflationary pressures continue to rise in Germany. Import prices in Germany increased to 24.7% in annual terms in November. Monthly import prices jumped by a colossal 3% in November, which is three times more than the evaluation. The UK auto production in November 2021 fell to 28.7% in annual terms and amounted to only 75,800 cars, the worst one since November 1984. Today is a short banking day in Europe, and volatility in financial markets will decrease.
The Hungarian Central Bank raised interest rates for the 6th time in the last few months to stop inflation and weaken the national currency. The Hungarian forint has lost 2% against the euro and 9% against the dollar since the beginning of the year.
Amid falling natural gas futures, the price of gas in Europe fell below $1600 per thousand cubic meters.
Yesterday, oil prices continued to rise as the "Omicron" strain was brought under control, which strengthened the prospects for oil demand. The WTI crude futures increased by 1.4% to $73.76 a barrel yesterday. WTI crude oil rose by 4.3% for the week.
Asian stock markets are trading without single dynamics today. Japan's Nikkei 225 index (JP225) decreased by 0.05% in today's trading, Hong Kong's Hang Seng index (HK50) increased by 0.13%, while Australia's main index ASX 200 (AU200) added 0.44%. Japan's core consumer price index posted its biggest year-over-year increase in nearly two years in November due to higher fuel prices, signaling the widening impact of rising global commodity prices. Core inflation, which excludes food prices but includes the cost of oil prices, increased by 0.5% in November. However, this increase is unlikely to prompt the Bank of Japan (BOJ) to reduce monetary stimulus anytime soon since inflation is still far from the central bank's 2% target.

Long Live Rock 'N' Roll ----Have a rockin Christmas everyone Turn up the Volume....

Amy & Chester,'s combination Acoustic/Rock wowwww after a good whisky/scotch we usually wash it down with beer,then everyone says lets go I had enough....like whatttttt? Come on

XAUUSD - 1804.50, one of the important tradeable levels today,still about 20% ADR in safe zone. 100% of the time it peaks to 60% which is happening as I type.

THE US FEDERAL RESERVE'S BALANCE SHEET HITS A NEW RECORD. AIRLINES AROUND THE WORLD CANCEL FLIGHTS OUT OF RISING OMICRON RATES
The US Federal Reserve's balance sheet has reached a new record of $8.8 trillion. But it should be noted that the Fed's bond buying pace is declining now. Meanwhile, the Fed's total assets are 38% of the US GDP compared to 82% for the ECB and 133% for the Bank of England. The Fed's balance sheet growth will continue until March 2022, which will have a temporary negative impact on the dollar index, but at the same time, will be a positive factor for the growth of major US stock indices.
The US stock market ended pre-Christmas trading higher on Friday. By the end of the trading week, Dow Jones (US30) gained 0.55% (+0.42% for the week), S&P 500 (US500) added 0.62% (+1.58% for the week), NASDAQ Technology Index (US100) increased by 0.85%, and became a growth leader at the end of the week (+4.10%) among US indices.
European stock indices were mostly on the rise on Friday. The British FTSE 100 (UK100) decreased by 0.02% (+1.41% for the week), German DAX (DE40) gained 1.04% (+1.00% for the week), Spanish IBEX 35 (ES35) jumped by 1.24% (+2.86% for the week), and French CAC 40 (FR40) decreased by 0.28% but added +4.46% on the week's result among major European indices. Today is the bank holiday in most European countries, so low volatility is expected on the market.
Turkish President Tayyip Erdogan said Friday that the government had destroyed the "currency bubble" after the central bank took measures last week to protect Turkish lira deposits from volatility. Erdogan also said Turkey's economy would enter a very different environment in the summer thanks to a "new economic model" of low interest rates.
Russian Foreign Minister Lavrov threatened Europe with a big war because of Ukraine. "The course of dragging Kyiv into NATO with the prospect of the appearance of shock missile systems near our borders creates unacceptable threats to Russia's security, provoking serious military risks for all parties involved, up to a large-scale conflict in Europe," the minister warned.
In recent weeks, Oil has heavily depended on the news related to the Omicron coronavirus strain. It is now difficult to predict exactly how European authorities intend to respond to the upsurge of the disease and how severe the restrictions will be during the Christmas vacations. Today black gold prices are decreasing after airlines around the world canceled a total of about 5,900 flights starting from Dec. 24 because of the spread of COVID-19.
Gazprom has not booked any pumping capacity through the Yamal pipeline for a week now. As the company explained the day before, now it does not use this route because several customers, particularly from France and Germany, have already fully used all their annual contracted volumes and no longer put up requests for gas supplies.
Asian markets mostly traded in positive territory on Friday. Japan's Nikkei 225 (JP225) decreased by 0.06% (+1.61% for the week), Hong Kong's Hang Seng (HK50) added 0.13% (+0.62% for the week), and Australia's S&P/ASX 200 (AU200) increased by 0.44% (+1.59% for the week). Japan's retail sales rose faster than expected in November thanks to a decline in COVID-19 cases this month, which prompted buyers to increase spending on goods and services. On Friday, Japan's government approved a record $940 billion budget for the fiscal year 2022. The Bank of Japan's monetary policy is now aimed at actively stimulating the economy. China Evergrande's chairman promised to deliver thousands of apartments in December. China's real estate index increased by 2.5% on this news.
At the commodities market, palladium (+8.89%), wheat (+5.19%), fuel oil (+4.96%), soybeans (+4.45%), WTI oil (+4.3%), platinum (+4.29%), Brent oil (+3.18%), copper (+2.56%) and corn (+2.28%) futures showed the biggest gains for the last week. Lumber (-3.37%) and orange juice (-1.54%) futures showed the biggest drop.

Easy calculated profit,Fibonacci is a great tool entries,exits,retracements,reversals,swings,trend continuation,extension,divergences and RE-ENTRY...it does not lag

very good trade

Thank you very much,appreciate it Kette,the saying goes like this,you hang around with the best in the business,this becomes greatest learning experience one can achieve :-)

I am amazed
we have acted almost synchronously

Yup,the thought process is getting there :-) great trade also,such a well planned entry,risk always lower than reward

I'm telling myself now,why did I ever remove DPP on my chart,this so much extra confluence,Karina Fabi from Chile....she use the Pivot Points and thought me a bit how to hedge the market,effectively....where buyers and sellers power prevails.Anyhow,I was about to eat and I saw something happening on Gold a bit late though.....i'm always late

XAUUSD : Price Levels for Tuesday - 1809.75,1807.21,1807,1804.50

at the moment gold is falling in the future and cfd due to the poc
we have little volume

Volume/Price always prove as #1 and volatility is the ring on its finger ,we have a sell from retest near previous high a short while ago

DOW
German proverb
the early bird catches the worm.

gold
buying from the depths was perfect,poc buyers became active again

I wasn't up to catch that best worm,these are the best trading times,exactly.The buyers really came in impressive and POC has rising market conditions.