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Chart of the day: XAU/USD π₯
π29π«‘5β€1
CLOSED FOR PROFIT! About a 70 pip profit closed. π₯
I'm all out of USD/CAD on today's massive spike higher.
This was not my prettiest trade, as it went into drawdown almost immediately.
With the pop today, I'm taking profits and moving on - as I am not nearly as bullish on the USD as I once was, with several key economic data points (including manufacturing PMIs) missing analyst forecasts recently.
I'll take the small winner, and move on to the next π
See every trade I take in our VIP. Use code TGVIP here: https://a1trading.com/vip/
- Nick
I'm all out of USD/CAD on today's massive spike higher.
This was not my prettiest trade, as it went into drawdown almost immediately.
With the pop today, I'm taking profits and moving on - as I am not nearly as bullish on the USD as I once was, with several key economic data points (including manufacturing PMIs) missing analyst forecasts recently.
I'll take the small winner, and move on to the next π
See every trade I take in our VIP. Use code TGVIP here: https://a1trading.com/vip/
- Nick
π11π₯3
Tariffs summarized:
Stocks down, crypto down, affected currencies down (CAD, MXN)
Gold up, bonds up
Stocks down, crypto down, affected currencies down (CAD, MXN)
Gold up, bonds up
π₯15π7
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So many traders are being wiped out in this type of market.
Don't be one of them.
EdgeFinder has helped so many traders stay FOCUSED on FUNDAMENTALS! Here are the current readings today, check them out for yourself!
Get yours today, while it's 30% off.
Promo code: TGVIP
https://a1trading.com/edgefinder/
Chat with us: https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
β€23π8
Stock market rally, or market crash?
Anonymous Poll
33%
Stocks are going higher
67%
Stocks are going lower
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πCLICK HERE TO BROWSE THE TOOL FOR FREE
π₯4π2
S&P500 Daily Chart:
The market continues its ugly selloff, as tariff fears continue to mount.
China 20% tariff...
CA & MX 25% tariff...
How will that impact the US & global economy?
The market doesn't know... so it is selling now, and asking questions later.
Will we see a bounce soon?
I remain cautious, but have no shorts or bearish positions.
Watching for some longer term dip buying opportunities.
- Nick
The market continues its ugly selloff, as tariff fears continue to mount.
China 20% tariff...
CA & MX 25% tariff...
How will that impact the US & global economy?
The market doesn't know... so it is selling now, and asking questions later.
Will we see a bounce soon?
I remain cautious, but have no shorts or bearish positions.
Watching for some longer term dip buying opportunities.
- Nick
π₯13β€6π1
Gold Nearing $3,000: Will It Break Through? π°
Gold has regained momentum after a pullback and is now hovering near all-time highs. With tariff uncertainty lingering, gold may become a safer bet than the dollar, but the $3,000 per ounce mark could prove tough to crack.
Tariffs are also causing turmoil in the broader marketsβhow will that impact your trades?
π Read the full analysis here
-Frank
Gold has regained momentum after a pullback and is now hovering near all-time highs. With tariff uncertainty lingering, gold may become a safer bet than the dollar, but the $3,000 per ounce mark could prove tough to crack.
Tariffs are also causing turmoil in the broader marketsβhow will that impact your trades?
π Read the full analysis here
-Frank
β€28π7π«‘1
Dow Faces Major Weakness: Could $41,700 Be Next? π
The Dow is down 714 points, breaking below a key trendline. If it closes below this level, we could see a further drop toward the $41,700 mark. However, if tariff fears fade, this level may present a solid buying opportunity.
Want to know how to trade this setup?
π Read the full breakdown here
-Frank
Data from EdgeFinder
π Trial the EdgeFinder
π Access Now for 30% Off with Code TGVIP
The Dow is down 714 points, breaking below a key trendline. If it closes below this level, we could see a further drop toward the $41,700 mark. However, if tariff fears fade, this level may present a solid buying opportunity.
Want to know how to trade this setup?
π Read the full breakdown here
-Frank
Data from EdgeFinder
π Trial the EdgeFinder
π Access Now for 30% Off with Code TGVIP
β€10π1
The latest Manufacturing PMI came in slightly below expectations, but the impact on overall economic sentiment appears minimal. With tariffs dominating market attention, the potential long-term consequences of these trade measures remain the primary concern for investors.
-Frank
Data from EdgeFinder
π Trial the EdgeFinder
π Access Now for 30% Off with Code TGVIP
-Frank
Data from EdgeFinder
π Trial the EdgeFinder
π Access Now for 30% Off with Code TGVIP
β€10π₯6π2
Don't miss it.
Unlock access to Top Setups, COT data, Economic heatmaps, seasonality, and more.
Get 30% OFF with code TGVIP here:
https://a1trading.com/edgefinder/
Unlock access to Top Setups, COT data, Economic heatmaps, seasonality, and more.
Get 30% OFF with code TGVIP here:
https://a1trading.com/edgefinder/
β€7π1
π¨ NFP This Friday: One of the Biggest Events of the Month! π¨
Get prepared for one of the most significant market events of the month! The Non-Farm Payroll (NFP) report drops this Friday, and it's set to move markets.
π‘ What is NFP?
π‘ When Does It Drop?
π‘ When is the Best Time to Trade It?
Weβve got a free course to teach you how to trade NFP like a pro, including:
- Pre-release strategies
- Post-release momentum trades
- Risk management tips to keep you safe in volatile conditions
FREE COURSE:
π Get ready now
Get prepared for one of the most significant market events of the month! The Non-Farm Payroll (NFP) report drops this Friday, and it's set to move markets.
π‘ What is NFP?
π‘ When Does It Drop?
π‘ When is the Best Time to Trade It?
Weβve got a free course to teach you how to trade NFP like a pro, including:
- Pre-release strategies
- Post-release momentum trades
- Risk management tips to keep you safe in volatile conditions
FREE COURSE:
π Get ready now
β€4π±4π₯3
S&P 500: Bearish Pressure Building?
The EdgeFinder remains bearish as key economic data continues to weigh on market sentiment. Following todayβs ADP numbers, institutional traders remain cautious, with yesterdayβs tariff changes adding to the uncertainty.
Since price has already broken a key support level, the momentum could continue lower toward $5,700 if selling pressure holds.
-Frank
Data from EdgeFinder
π Trial the EdgeFinder
π Access Now for 30% Off with Code TGVIP
The EdgeFinder remains bearish as key economic data continues to weigh on market sentiment. Following todayβs ADP numbers, institutional traders remain cautious, with yesterdayβs tariff changes adding to the uncertainty.
Since price has already broken a key support level, the momentum could continue lower toward $5,700 if selling pressure holds.
-Frank
Data from EdgeFinder
π Trial the EdgeFinder
π Access Now for 30% Off with Code TGVIP
π₯7π6π±2