COT Analysis + DXY Stuck in Range

COT Analysis + DXY Stuck in Range

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In todays live session, we did a breakdown of the latest COT report. We also referred to our Past Live session from October 12th , where we went over how to read the Commitment of Traders report. In addition, we are currently keeping an eye…
Parched US CPI Data + GBPUSD Nearing TP 3

Parched US CPI Data + GBPUSD Nearing TP 3

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We have taken partial profits on GBPUSD this week, and still have one more Take Profit #3 to hit for Smart Money’s trade idea. Today's CPI data gave a mixed sentiment for DXY. Our HTF direction still remains. We are in a consolidation. Consolidation…
A Wave of BTC Bears Expected + GBPCAD Profits Locked In

A Wave of BTC Bears Expected + GBPCAD Profits Locked In

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US Unemployment claims came in under forecast, affirming another piece of the equation for Dollar bulls. Smart Money is anticipating a very bearish outlook for crypto - it could be a cash position moment, or best to stay out of buys until things…
Higher Timeframe Checkups + MATIC & GBPUSD Trades In Profit

Higher Timeframe Checkups + MATIC & GBPUSD Trades In Profit

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The top Crypto executives testified to the US House Financial Services Committee, and warned that imposing strict regulations too fast in the United States could deter innovation, which would move outside the US, leaving us behind. They suggested…
DXY Target Like a Magnet + BTC Short Term Longs

DXY Target Like a Magnet + BTC Short Term Longs

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We were given the go ahead by price action on our DXY targets today. This puts us in a very nice position to treat the target like a magnet also as US Economic Optimism bounced back up since the initial Covid era lows. The Dollar Index pushed…
DXY Remains in Control + Crypto Targets Hit

DXY Remains in Control + Crypto Targets Hit

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The Dollar is holding it reign, as over $2.5 billion in crypto liquidated ahead of executive testimony from eight major crypto currency firms on December 8th. This was a first of its kind before the US House Financial Services Committee. We…
Gold & Crypto to Drop + DXY Remains Bullish

Gold & Crypto to Drop + DXY Remains Bullish

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Surprise NFP data reporting was less than expected for US Employment Change, most notably was that the jobless rate data came in less than forecast at 4.2 to help balance things out. Despite this, we are sticking with our price narrative that…
All Eyes on DXY ahead of NFP + Majors, GOLD & OIL targets hit

All Eyes on DXY ahead of NFP + Majors, GOLD & OIL targets hit.

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All eyes are on DXY. Unemployment claims come in below expected, and a robust recovery is on track. We remain reserved on a higher DXY ahead of tomorrows NFP report. For this reason, much of our analysis for DXY, EURUSD, GBPUSD, AUDUSD, and…
Smart Money Ready for More BTC Bears + Oil Expected to Keep Going Down

Smart Money Ready for More BTC Bears + Oil Expected to Keep Going Down

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ADP NFP came in above as expected, and we should see similar (if not a larger) deviation from forecast on Fridays NFP, which correlates to a move that Smart Money is watching on a bullish DXY. We have been using these pullbacks to find better…
Dollar Bulls Target 97, Majors React + ETH Trade Profits

Dollar Bulls Target 97, Majors React + ETH Trade Profits

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Omicron is a risk and not currently considered in current forecasts, as it could pose a threat to current job growth. Regarding inflation, Powell says, “overall inflation is running well above our 2 percent longer-run goal” and that the…