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Market Expectation Weekly

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It is a new week in global business! Generally, the markets definitely are expected to start slowly into the week due to the bank holiday in the UK but things are expected to pick up into the week as the days go by. Some of the major highlights of the week will be the hurricane Ida's development and its impact on Oil production . In addition, the market will be focusing on Australian GDP numbers, OPEC Meetings and the US job numbers.In my opinion,  even though the dominant market mood for the week is expected to be a mixed one with a slight edge in favour of the risk- off, I expect market participants to stay away from the safe havens most times this week. Kindly find My expectations below on some instruments. USDindex 10yrsUSTreasury bills Spread EURUSD USDZAR You want me to be your Mentor? Reach me on 07067408224 to Enquire.

The base of Technical Analysis

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In financial markets ,generally, we make investment and trading decisions based on three disciplines - Technical analysis, Quantitative analysis and Fundamental analysis. Our focus here is not on both the Fundamental and the Quantitative but on the Technical.And as a result, it's essential for any serious trader to be keen on its tenets/assumptions. What is Technical Analysis? It is the discipline of identifying the direction of price based on the past data of market activity , such as volume and price.Hence, it cannot only be useful in finance, it can be useful in other fields which require forecast too. While Technical remains the simplest and the most important discipline most traders have to learn in trading, It is important to note that, historically, the field has evolved into the discovery of hundreds of patterns, indicators, and systems through years of research.  The Tenets of Technical analysis The market discounts everythin g: Technical analysts believe that everything f

A Simple Charting Technique

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These days some individuals are inventing new terminologies and new concepts for the Price Action of things. But fortunately, most of these new ones still depend completely on the assumptions and tools of the Technical Analysis practise, though some are completely out of line. Nonetheless, as a discretionary trader, I like to keep this things simple and conventional too. Kindly, note that my Fundamental Analysis side of things I work the most to figure out how participants react to different market  developments, while my Technical Analysis practises remain crucial for the timing of price entries. A way of Charting This charting Strategy is primarily on Natural Price Action, but not on some secondary indicators which generate their data from price movements. This is not to say such indicators are bad, it's just that I believe in Price more than I believe in them, because price do not only precedes all certainly, it clearly shows on itself some natural indicators which are sufficien