August 28, 2023 9:41 AM

Breaking News: Indices, Stocks, USDX & YEN Market Analysis of August 28, 2023

Breaking News: Indices, Stocks, USDX & YEN Market Analysis of August 28, 2023

Market Breaking News August 28 Update, 2023: 

 

Medium and Short Term

USDX- H4 Lower  
Indices -
H4 Higher 
YEN- H4 Higher
Commodities- H4 Higher
Cryptos- H4 Choppy and Higher

TRADING OPPORTUNITY

Short-Term
Buying Yen Pairs
Buying Es, NQ, Nifty, Russel

Long-Term- in Daily 
Buying XAU and XAG (in the correction)
Buying Indices (in the correction)
Buying Yen Pairs (in the correction)
Buying Teck (in the correction)
Buying GDX/XLE (in the correction)
Selling USD (in the high correction)

WHAT WE DON´T DO IN THE MARKET UNTIL MORE DATA

Do not Buying USDX
Do not Selling Indices
Do not Sell Yen Pairs
 Do not Selling Precious Metals

 

RIGHT SIDE :

USDX 

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

Indices 

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

YEN Pairs

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


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
Weekly- Right Side Down
Daily - Right Side Up
4 Hour- Right Side Up

We can buy in 4 Hour / 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.