Check out my new blog post, which I will use as my #ICT trading journal.
I will put my trades in this article frequently with new trades.
My goal is only to show someone who needs to see how ICT trading works.
Kudos to @I_Am_The_ICT#trading#forextradingrage.com/learn/my-ict-t…
As a #forex trader, #backtesting software like Soft4Fx Forex Simulator is essential to test #trading strategies on historical data before trading live.
This in-depth review explores Soft4Fx's key features, pricing & how it compares to other tools.
crypoption.com/soft4fx-forex-…
NEW: Bloomberg Intelligence senior macro strategist Mike McGlone says #Bitcoin price could drop by 60%, due to negative liquidity and persistent global rates hikes “despite recession signals.” 👀
Bearish market is still on track
The 7-day moving average of #Bitcoin mean transaction count has seen a huge drop recently.
This cannot be interpreted as a good sign.
The market might be about to experience a decline soon if network activity does not pick up again.
Beautiful buy-side to sell-side run on NFP on #Nasdaq
No, I don’t trade NFP. Yet, I study the price action.
Are #stocks gonna get hammered in the coming weeks?
United States core #inflation rate.
Does decreasing inflation stop future rate hikes?
Judging by Powell's recent comments, there might be still more rate hikes to come, and that would be very bearish for risk assets like #stocks and #Bitcoin.
Thoughts?
#Nasdaq Trade of The Day ✍🏼
Classic external liquidity hunt to internal rebalancing.
Entry in premium on bearish Order Block, exit in discount on Fair Value Gap.
Keep an eye on the #Bitcoin taker buy sell ratio (100-day moving average).
It's a great futures market sentiment indicator.
As long as there is no recovery above 1, things look bearish for #BTC in the futures market.
NFA.
Is #Bitcoin getting ready for another drop?
The chart suggests this could be a nice entry point with a tight stop loss above the recent high.
My first target would be around $22K.
Note: We have NFP tomorrow. Manage your risk accordingly.
NFA.