Breaking News: April 4th, 2023 Market Analysis

Market Breaking News April 4 Update, 2023:

 

USDX- Sideways. Looking for a Definition -in the very short term
Indices- Bouncing and Lower. Looking for a Definition-in the very short term
YEN- Bouncing and Lower. Looking for a Definition-in the very short term
Stocks- Bouncing and Lower. Looking for a Definition-in the very short term

 

TRADING OPPORTUNITY

Buying XAU and XAG
Buying USDCAD
Buying Commodities Crosses

Selling  bounces  Indices
Selling bounces Yen Pairs
Selling  AUD and NZD
Selling BAC Bounces as Hedge Trade

WHAT WE DON´T DO IN THE MARKET UNTIL MORE DATA
Do not  Buy Yen Pairs
Do not  Buy Indices
Do not Sell USDX 

 

RIGHT SIDE :

USDX 

Weekly- Higher
Daily- Lower
4 Hour- Sideways to Higher
1 Hour- Sideways to Higher

Indices 

Weekly- Higher
Daily- Sideways to Lower
4 Hour-Lower
1 Hour-Sideways

YEN Pairs

Weekly- Higher
Daily- Lower/Sideways
4 Hour- Lower
1 Hour- Sideways

WARNING

The best trade is when we have two or more alignments in a row. And the instrument has a bullish structure:

Exp: Instrument In ( Weekly, Daily, 4 Hour)
Weekly -Right Side Down
Daily -Right Side Up
4 Hour- Right Side Up

When the correction is complete, we can buy in 4 Hour / in (3,7,11) swings.

We can buy in H4 / in (3,7,11) swings when the correction is complete.

Never risk more than 2% capital per trade
Indices and Stocks Lower, USDX  Higher, YEN Sideways to Higher.