December 07, 2023 11:4 AM

Latest Trading Market Alerts (Indices, Stocks, USDX & YEN) for December 7/8

Latest Trading Market Alerts (Indices, Stocks, USDX & YEN) for December 7/8

Market Breaking News DEC 7/8 Update, 2023: 

 

Medium and Short Term

USDX- H4 Turning Down
Indices- H4 UP
YEN Pairs- H4 UP
Cryptos- H4 UP

Short-Term

Buying- CADJPY, EURJPY, GBPJPY
Buying- IBEX, YM, NQ, NIFTY
Buying- XAG, XAU, GDX
Buying- QQQ
Buying- BTC, ETHUSD
Sell- ZS, EURNZD

Long-Term- in Daily 

Buying  XAU and XAG (in the correction)
Buying  Yen pairs (in the correction)
Buying Teck (in the correction)
Buying GDX/XLE (in the correction)

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

Do not Sell Indices
Do not Sell Yen Pairs
Do not Buy DXY

 

RIGHT SIDE :

USDX 

Weekly- Lower
Daily- Higher
4 Hour- Lower 

Indices 

Weekly- Bullish 
Daily- Lower-sideways 
4 Hour- Turning Up

YEN Pairs

Weekly- Higher
Daily- 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.