Views and personal expectations on how I see the market to develop during the week. Not financial advice in ay way.
Weekly Outlook
Economic Calendar
Last week have been marked by a crypto collapse. Major Cryptos went to zero, BTC fell from 125k to 107k$ in one day. Gold at 4000$.
The US and Chia are going into a commercial war appling huge tarif to each other.
Technical Analysis
DXY – We bullish on weekly and I expect another bullish week on a technical point of view. I still keep in mind what i’ve id earlier and I’ll be carefull with PA and New the coming week as I would not be surpise by a « Friday Reversal » Weekly profile. Objective is still 100.257.
Currencies –
With Bullish expectation on DXY I expect bearish on currencies. Daily chart feels bearish.
Metals-
With the international context, metals ( especially gold) are seen as safe heaven. I cannot see nothing but Up for gold. Others are tricky because it seems they want to retrace a bit.
Weekly Chart
H4 Chart
Indicies –
With Friday enormous drop, Market in enticing sellers. We got lots of failure swings below to take liquidity from. Market can also open with big gap on sunday night.
Monday October 13th
Gold & Silver – example of M30 continuation Entries
another entry on Lower TF – price is going in my direction but it’s painfull. I put quickly into BE.
Note for the trade: Tarde ended BE before going to Objective. 😉
Tuesday October 14th
Wednesday October 15th
NQ – We got 9:30Price did not come back to my entry
Gold – Small win
Thursday October 16th
Friday October 17th
NQ – London Session
Review of the week
DXI – Expectaion : Bullish week went wrong. haven’t be able to change bias during the week.
Ended the week red.
