Price Action Trading (PAT) - Amplifying Market Insights

S&P 500

Scalping short

GJ

Scalping SHORT

If it is not too private, may I ask the reason for this SELL Order?

I just did not want to disturb you, and I was looking at the chart myself to find out the reason.

1- What I found is an FGV in the Monthly Chart (which I think you do not care).
2- The other possible reason is the M15 Breakout after completion of the Daily Range



Recently ı am just trying to "decode" your perspective in the market

Best Regards

EDIT:

If you do not want to answer, it is totally OK. Thanks anyway

GJ

After Five hours , I've to give up this trades.
Try again some other time.

I was eyeing the closure of monthly FVG level.
That's where liquidity zone to be taken from

But momentum got GBP too strong with JPY still a weaker currency.

Thank you very much for the answer...

So, you care about the monthly FGVs

Personally, I am too confused when it comes to FGVs. I am still not sure whether I shud pay attention to thin FGVs, FGVs in different Timeframes, previously visited FGVs... or not. Lots of questions echoeing in my mind...

I will be watching you....Take care

Best Regards

Possible view on s&p 500, after expanded triangle and today double top on US session, GL everyone
P.S. above doulbe top better have sl, next level can be 4500 on daily channel

PLEASE DO CORRECT ME
GBP (THIS WEEK)
The MPC is expected to raise the Bank rate by 25 basis points on Thursday.

1. The MPC may point to the lag effect of its existing policy tightening and the risks to the housing market as reasons for the 25 basis point hike.

1. Even if the BoE gives little away about its intentions at future meetings, sterling could benefit from a broadly positive set of data.

If the CPI figures are hotter-than-expected, which would come on the back of a strong employment report, the Bank of England might well decide to raise interest rates by a larger 50-basis-point increment. However, the chances of that are quite low
EUR (THIS WEEK)

1. The ECB has hiked rates and signaled that more hikes are coming, while the Fed has kept rates unchanged.
2. If the PMIs show that economic activity is picking up, the euro could appreciate against the US dollar.

CHF

1. The Swiss National Bank (SNB) is expected to raise interest rates by 50 basis points on Thursday.
2. his is despite the fact that inflation in Switzerland fell to 2.2% in May, which is below the SNB's target of 2%.
3. The SNB's chairman, Thomas Jordan, has recently made some hawkish comments, which has raised expectations of a 50-bps rate hike.
4. In an interview with Bloomberg, Jordan said that the SNB is "not ruling out" a 50-bps rate hike at its next meeting on June 16. He also said that the central bank is "prepared to act decisively" if necessary to bring inflation under control.
   In a speech to the Swiss Bankers Association, Jordan said that the SNB is "determined to ensure that inflation returns to its target of 2%." He added that the central bank is "prepared to use all the tools at its disposal" to achieve this goal.

CONCLUSION
The euro, Swiss franc, and British pound are all likely to remain strong in the near term.
The euro is likely to benefit from the European Central Bank's (ECB) hawkish stance on monetary policy. The ECB has signaled that it is ready to raise interest rates in order to combat inflation. This could lead to an appreciation of the euro, as investors see it as a more attractive investment.
The Swiss franc is also likely to remain strong, as it is seen as a safe haven currency in times of uncertainty. The recent hawkish comments by SNB Chairman Thomas Jordan have only reinforced this message.
The British pound is also likely to remain strong, as the Bank of England is also expected to raise interest rates in order to combat inflation. This could lead to an appreciation of the pound, as investors see it as a more attractive investment.

1. The Bank of Japan is expected to keep interest rates low. The Bank of Japan (BoJ) is expected to keep interest rates low this week, despite rising inflation. This is because the BoJ is concerned about the impact of higher interest rates on the Japanese economy. A low interest rate policy will make the JPY more attractive to investors, which will put downward pressure on its value.
2. RBA's hawkish stance: The RBA has raised interest rates three times in the past six months, and is widely expected to raise rates again in July. This hawkish stance is being driven by rising inflation in Australia.

WHAT DO YOU THINK ABOUT THESE POINTS
PLEASE GIVE YOUR OPINION AS I DON'T KNOW MUCH ABOUT THIS AND YOU ALL HERE ARE EXPERIENCED PEOPLE , IT WILL BE A LEARNING OPPURTUNITY FOR ME
THANK YOU!
IF YOU DO GIVE YOUR OPINIONS I WILL DEFINATELY APPRECIATE IT
IF YOU DIDN'T I WILL DEFINATELY UNDERSTAND IT
AGAIN THANK YOU FOR GIVING YOUR TIME!

USD/JPY SELL
Don't copy me please. this is only my way of looking at charts

UJ

Watch out for the higher level supply zone and FVG.

Lets see!

EUR AUD



RBA meeting minutes: a hike in June would boost confidence in the cpi's return to target.
RBA meeting minutes: indexing increases the likelihood of long-term high inflation.
RBA meeting minutes: the debates over rate hikes and rate freezes are finely balanced.

Why Normal Doesn’t Make Money

Investing is considered a bedrock in making generational wealth.
Most people don't know when, where or what to invest in.
Fortunately, great investors of the past and present can provide us with guidance and ideas.
Meaningful contributions are always welcomed.



Even with the right strategy and resources, some investors would still outperform others.
As an investor, you should be aware of this by now.
For me personally, I had to ask a market analyst for advice in order to grow my account close to a million dollars, withdraw my profit just before the correction, and start buying again.

Why Normal Doesn’t Make Money

There are 7even part of this series.
Not posting all, you have to go thre to listen all.

UJ

add position

GJ

Scalping LONG

???

u win some u lose some.

It sux when the one you decide to copy is a loser though

thanks