November 06, 2023 7:43 AM

Breaking News: Market Alert for Indices, Stocks, USDX, and YEN for November 6, 2023

Breaking News: Market Alert for Indices, Stocks, USDX, and YEN for November 6, 2023

Market Breaking News November 6 Update, 2023: 

 

Medium - Short Term

USDX- H4 Turning Down  
Indices-  H4 Sideways and Higher
YEN Pairs- H4 Sideways and Higher 
Cryptos- H4 Turning Up

TRADING OPPORTUNITY

Short-Term

Buying- GBPJPY, AUDJPY
Buying- NG
Buying- NKE
Buying- CL
Buying- BTC 
Sell- ZS, RTY

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 WON´T DO IN THE MARKET UNTIL MORE DATA

Do not Sell 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 

Indices 

Weekly- Higher
Daily- Lower and Sideways
4 Hour- Higher

YEN Pairs

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


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

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.