Darkangels pips hunter

Gold:
The fundamental picture is the market's interpretation of all economic events in the last period, that the Fed announces faster reduction of its support (tapering) and any interest rate increase 3 times in 2022 can be interpreted by the market as that inflation will be taken care of and fall which is a signal that Gold should fall fast, but it can also be interpreted that inflation has done enough damage which led to the Fed reducing its financial support which means that inflation is here to stay for a while and the market is also aware that the Fed can not or does not want to raise labor market rates looks like now and there is a great risk that the economy will fall again.
This means that we as traders are not really sure what will happen next, that the Fed President Mr. Jerome H. Powell says for several months that inflation is short-lived and temporary and now changing to inflation is here to stay for a while, tells us a lot, if the Fed does not know what is next fundamental is a clear signal of uncertainty which we must take into account.

I do not care what method you/I use, but this is what the market is offering at least for now.

The year 2021 is over, we should expect some retracement during the first quarter of next year for the EU, GU, AU, NU, etc., the market will closely follow the usa labor market as if it shows positive developments can increase market expectations that the Fed will raise interest rates soon, which means dollar strength against most currencies.
The market has already priced Covid19, Delta, Omicron and I do not think that such news will have as impact as 2020, this is a negative signal for Gold, but if people start dying and healthcare gets a real burden which can lead to states closing part or whole of society then the effect large particular on Oil. General Oil was calculated to reach 87.50 at least if none of this scenario occurred.

That the Fed will speed up the reduction of the financial support process may affect the clear Dow and the stock market and may in fact lead to hard cases similar to collapse, it is, therefore, a most plausible scenario that the Fed will use a lot of word play that makes the market uncertain about what comes next but help the Dow land/fall a little smoother.
I think the Dow / Us30 will fall in any case from the 36200 level and this can be counted as a type of correction in a long uptrend move,

Hello everyone,

Gold :
4hr 123 bearish targeting 1780, SL 1814 or close above 1811 in 4hr

Dow / Us30:
Price in a bearish 123 targeting 33600 as long price below 36230

Oil:
Heading south, I am not taking this one

Its crazy how price respecting 1811 level, 4 bars but never manage to break it

EurAud

UsdChf

US30 on 5m, Bazoka shortterm

What is the Bazoka Method?
My friend Stefan has specific rules for trading that do not suit me at all even if I try to do so.
1. He take 3 trades per day, if he gets the first 2 right / wrong then he is ready and skip the third.
2.Han trade 5min chart only.
3. He trades only high risk products such as oil, gold, Dow where the price can generate a sufficient number of pips.
4.When all set up in place, he drives with full force ie. large part of capital involved
5.When he is done no trades left, he closes everything that has to do with the market, no news, chart or even discussion about it.
6. He writes everything that happened at the end of the day.
But thats Stefan and it works for him.

This is an ex. he didnt trade this , you know what I mean.

This method requires incredible discipline, not everyone copes with it as well as very strong mentality who copes placing 20-50k in such small short-term trade.

Lets imagine that Stefan trade Dow and sell 36320 , SL 36380 thats 60pips loss. Targeting 36130 (+190pips)

Lets assume he went with 20 lots, just for fun. whats gone be next

UsdChf still in play long

EurAud still in play long

What do you think

Shall Gold collapse?

Shall US30 fall ?

Oil could find support on 76.00/10?

Gold - down
US30 - up
Oil - up

I believe that we may see some strange move as profit-taking and closing the books are here

US30 , Oil, Gold against the original move up, should fall

I am long UsdChf, EurAud

Oil on support

update

Happy new year everyone
Hope you enjoy 2021 and get a better year 2022

Happy New Year

You are right in your Eliot waves, the price is expected to reach 1830/35 and should find resistance as the price will be done with wave 2 (abc).
Wave 3 should start from 1830/40 and make a deep correction.

Happy new year my friend

Yes, I will buy in the 1831 range after seeing the return pattern

Happy New Year
I hope 2022 is full of happiness and hope for you and your pocket is full of money

Hello everyone

Hope you have a great new year

EurAud
reaching resistance on 4hr / point 4 and targeting south.

Daily still in play north