Carol Harmer MSTA...

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Carol Harmer MSTA...

Carol Harmer MSTA...

@CharmerTrading

Market analyst Trading educator Charmer Trading. Market structure, price action, FX commentary. Available for podcast interviews.

Katılım Şubat 2009
3K Takip Edilen8.3K Takipçiler
Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
$CHF the last 2 sessions has held above the 38.2 Fib @ 0.7875...We are seeing that the market is pausing for breath...Technical indicators currently are still pointing lower...but this could just been that the recent downward price action has alleivated the overbought conditions and we should then see the market move higher... It is looking like buyers #traders are in at these lower levels...It is early doors currently so maybe this is why the Pivot Point is holding...Today the PP is at 0.7903 so we are right on it... The 200 day M/A is at 0.7944 coinciding with our R2 @ 0.7946.so this should promise a area of good resistance..#proptrading .However if we take out this resistance especially on a close we would look for further strength towards 0.7970..A close above 0.7944/46 area would promote the buyers looking for further strength going into next week.. Failure to hold over 0.7875 puts a more bearish tone to the market leaving 0.7820 as the likely target the sellers should push it to.. Have a great weekend #FTMO #USDCHF #tradingpyschology #retailtrading #carolharmer #CharmerTrading
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
Looking at Brent Crude an argument could be made that it was topping well before yesterdays carnage...You had a Double Top in place, Diverging Technical Indicators...and Tuesday saw a close below both of the short term M/As I use..Did I trade this...no sadly...However, this is why using charts combined with T/A you can trade profitably...We traded sharply lower yesterday but held the 50% Fib located at 90.10 the low was 90.37, so this is why you saw profit taking here...Technical Indicators currently still point lower, but the level that will really confirm further downsdie in Brent is this 90.10 area...If we can stay above here then the market will feel much more comfortable buying dips...Obviously the key level on the topside is 105.32/52/81... This band of resistance is where both the Moving Averages have convergd, intersecting with the 23.6 Fib level...Because of the wide range of yesterday the Pivot Points are quite wide... Your Daily Pivot Point is 97.33... R1 104.29 Midpoint...108.35....R2 112.41.....S1 89.21....midpoint 85.73...S2 82.25.... Now as I stated these are wide today because of yesterday, but the PP should still work well for day trading... So after yesterday, we lived to fight another day....Just another day in the exciting world of Trading #traders #proptraders #tradingpsychology #BrentCrudeOil #CarolHarmer #CharmerTrading #FTMO #retailtrading
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
So we all survived yesterdays " interesting " markets...Even though we blasted above and below some significant levels on most markets yesterday the DXY, although opened lower, held the 55 and 200 day Moving Average and bounced... No we didnt fill the gap left 99.80 which is near enough to the 23.6 Fib level at 99.43...Currently a little softer, but trading around yesterdays close...Markets dont really like gaps, and usually fill them within a few days...Technical indicators are at neutral levels...so although wide, I see this 98.41 on the downside at 99.43/80 on the topside as a range for the next few sessions..I would only worry about the $Index if we sustained a close below 98.00 then I think it would be hunting season on the DXY with no holds barred....#traders #proptrading #USD #tradingpyschology #CharmerTrading #RetailInvestor
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
📉 10‑Year T‑Notes: The Long‑Term Structure Is Still Down The dominant trend since 2020 is down — yields up, prices down. And when a market spends two years building a continuation structure, it’s not doing it for fun. It’s coiling. Continuation patterns are named that for a reason: they resolve in the direction of the underlying trend unless something truly extraordinary intervenes. And nothing extraordinary has intervened. #traders #Trader #ftmo #tradingpsychology #CharmerTrading #CarolHarmer
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
📈 Tested the 200‑Day… But Heavy Resistance Ahead After kissing the 200‑day moving average, we’ve finally seen some decent topside momentum. But this still looks correctionary until proven otherwise. There’s a swathe of resistance overhead, and the market will need to break through it before any real shift in trend can be confirmed. The first key level is 4,763. Until that goes, buyers are probing — not leading. Technical indicators do support a move higher, but Gold isn’t helping. A clear topping pattern there is likely to suppress broader topside appetite and cap momentum in the short term. Even if 4,763 breaks, resistance comes thick and fast. Sellers will defend the topping structure aggressively — they know that once it gives way, the narrative changes. For now, the burden of proof sits firmly with the bulls. My Money. My Risk. #MarketOutlook #TechnicalAnalysis #PriceAction #SP500 #GlobalMarkets #TradingStrategy #MarketVolatility #ChartAnalysis #FinanceCommunity #traders #Gold #Forex #FX
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
I am not sure if any shorter term traders are looking at the 10yr Note...but this market is on the brink of a greater move lower...This monthly chart shows the montly low in 2008, 10320...Oct 2023 the low was 105,10...so...not far away...If you have been tracking the 10 and 10 yr bonds for decades, you can see that the way they are at the moment does not bode well for the market...I cannt even give you a target as its too scary to mention...but over the coming weeks keep your eyes on the bond markers, because they look like they are going to collapse....#Traders #10yrNotes #TradingPsychology #Tradeinsights
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
📉 After last week’s bloodbath… what now? Asia offered no direction after Thu/Fri’s selloff — maybe the Yemen–Israel hit was already priced in. Now it’s on Europe & the UK to make sense of the damage. I’m expecting a corrective pop, but no major resistance breaks. The USD is bid, Kiwi still heavy, but opportunities remain if you’re selective. Wide ranges in S&P, Dow, Nasdaq mean Pivot Points matter today. Nasdaq still above the long‑term 38.2% Fib, so the uptrend holds… …but the 5‑month double top points to a measured move toward 21,399, below that Fib at 22,494. Breaks don’t count — closes do. Expect a quiet, corrective tone until the US opens. Weekly & monthly charts now leaning lower. Set your structure — this week could get wild. My money. My risk. My view. #MarketOutlook #TechnicalAnalysis #PriceAction #Nasdaq #SP500 #DowJones #GlobalMarkets #TradingStrategy #MarketVolatility #FinanceCommunity
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
Anyone remember the carnage in Nasdaq 2000 to 2002 ?....Well the set up was pretty much like we are seeing now...whatever time frame you look at...it dosnt look good...Personally I think the Nas has already broken lower...the other US Stock Markets should wake up and follow very shortly...#USMarkets #Traders #Nasdaq #Forex
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
I know women traders were unique in London in the Early 80s...and I really only met one back then, a lady called Steph, who came from Chicago...and if memory serves me well, The CBOT...and Val who traded Oil...but we have moved on 44 years since way back then, and still there are very few women traders either in banks or institiutions of Proffesional Trading arcades...etc etc...My question is why not ?...What holds women back....Is it lack of confidence ? feeling inadequate ? Children, Marriage, A home to run.? What is it ?..Now those who know me know I am not the most PC person on the planet, but I am really curious as to why the ratio of men to women traders hasnt really altered for 40 years...Especially as you can now trade from home...For me 44 years ago, newly divorced, 2 young children...to work on LIFFE and jugle work/Mum/Provider was really hard....Especially as the majority of bosses were men...and even in the 90s my then boss thought women should be barefoot in the kitchen with 14 children...we were soooo not a good fit...but he couldnt get rid of me...I was too good....so we suffered each other in Silence !!...Women make excellent traders, and over my years as Trader/Teacher/Mentor I would say without doubt although in the minority ratio to the men Iv trained, the women made far better traders...Why....well I will say....Women have no ego...Women can multitask...Example...A bull market has slipped into a topping pattern...and below some key support levels...Man will say...Cheaper to buy it down here...if I wanted to pay 1.1530 for Euros, its much cheaper to pay 1.1480...Woman would say...I wanted to buy 1.1530...reason for being long was XYZ...Market slips below 1.1500...woman will say...reasons for XYZ buying has now expired..I will Sell @ 1.1480....Its such a tiny concept...A teeny tiny itsy bitsy tweak of mindset...Yet 44 years later I still hear the same thing from my trading men budies...However, this is why I have been married 4 times, had numerous boyfriends, and Men still irriate men on a personal level...On a work level I love them all....hashtag#WomeninForex hashtag#WomenTraders hashtag#FX hashtag#TradingPsychology hashtag#TradingMindset hashtag#Forex
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
Month end as well...and also the first 1/4 month end...making it even more of a joy...Every Friday can be a nightmare, and in dealing rooms although we had to be there, we played stupid games...and the LIFFE floor was a shost unless there was a mjor figure out...so just be aware of market conditions today #traders #Trader because you can acually end up giving back your weekly profits in one fell swoop on a Friday...Good luck....#Tradingpsychology #tradingeducation
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
Strong break above the 200‑day M/A on $CAD, and price is holding above the Daily Pivot at 1.3795. That’s significant — this long‑term average rarely gives way cleanly. Momentum is firm, despite daily indicators being overbought. Weekly and monthly charts still point higher, which supports broader #usd strength. Nearby support sits at 1.3804/1.3795. Lose that, and sellers can drive a move toward 1.3750/40 — though buyers are likely waiting there. Upside needs a clean break above 1.3833 (78.6% Fib) to keep momentum toward 1.3900/1.3930. Remember: $CAD tracks oil, so keep an eye on WTI. And it’s Thursday — FX desks call it Reversal Thursday for a reason. This is not investment advice — my money, my risk. #cad #usdcad #forex #trading #marketanalysis #technicalanalysis
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
USD/CAD Good break above the 200‑day M/A last night, and that strength has followed through into this morning. On the daily charts, several technical indicators are now pushing into overbought territory… …but the weekly and monthly charts show the opposite — and that divergence can often signal further USD strength across the board. The Dollar Index is firmer, and that typically impacts EUR/USD the most, but the USD tone is broadly strong. If you’re trading the major USD pairs outright, it’s always worth checking the cross‑rates for additional insight. I find this gives a clearer read on underlying flows. USD/CAD Technical View We’re currently trading above the Daily Pivot Point at 1.3795 and above the 200‑day M/A — a significant development. This long‑term moving average rarely breaks cleanly, yet we sliced through it on a closing basis yesterday and continued higher this morning. There is a base pattern in USD/CAD, and yesterday may have been the breakout. However, we’ve moved a fair distance from the base already, especially after yesterday’s rally. Nearby support: 1.3804 / 1.3795 If this support gives way, sellers may push toward 1.3750/40, though I expect buyers to re‑emerge at those lower levels to keep USD/CAD buoyant. Remember, USD/CAD is heavily influenced by oil prices — I personally prefer watching WTI for guidance. Key resistance: 1.3833 (78.6% Fib) — this level has capped the highs so far A clean break above here is needed to maintain upside momentum toward 1.3900/1.3930. 🔄 A note for today: Thursday FX markets have a habit of reversing on Thursdays — it’s why traders call it “Reversal Thursday.” Always worth keeping in mind. This is not investment advice — my money, my risk. #traders #forex #technicalanalysis #fx #charmertrading #carolharmer
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
Greed — Why It Destroys New Traders Greed is one of the most dangerous emotions a new trader can face. It doesn’t feel dangerous at first — in fact, it often shows up when a trade is going well. But that’s exactly why it catches traders out. Greed convinces you to ignore your plan, stretch your targets, and “let it run” long after the market has already given you what you asked for. To understand why greed is so destructive, you need to understand how markets actually move. All Traders Are Looking at the Same Core Information Every trader, no matter their strategy, is looking at the same basic data: •  Open •  High •  Low •  Close Almost every indicator in existence is built from these four points. It doesn’t matter whether someone uses moving averages, oscillators, trendlines, or volatility tools — they all come from the same OHLC data. Fibonacci is different because it’s based on market reversal behaviour, but that’s covered in another section. The key point is this: If you’re looking at a level, thousands of other traders are too. So when price reaches your target area, you’re not the only one thinking about taking profit. #TradingPsychology#TraderDiscipline#MarketMindset#TradingEducation#CarolHarmer#CharmerTrading
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John Watt
John Watt@BringTheNoise_X·
Has anyone started food prepping yet? They've basically told us the systems are going to crash, food shortages & black outs. The war is just part of the plan.
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
I help traders develop the discipline, emotional control, and psychological resilience needed to trade consistently. Most traders don’t fail because of strategy — they fail because of mindset. Inside my trading room, I mentor serious traders on discipline, emotional regulation, and structured decision‑making so they can break destructive habits and trade with clarity and confidence. #tradingpsychology #discipline #traders #nasdaq #forex #charmertrading
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Carol Harmer MSTA...
Carol Harmer MSTA...@CharmerTrading·
USD/CAD – Buyers Still in Control, but Watch the Overbought Signals Dollar/CAD is looking stronger today, but the first hurdle is clear: we need a clean break and hold above 1.3758. That level aligns with the 61.8% Fibonacci, and price has been respecting it. We’re also trading above the Daily Pivot at 1.3718, which continues to offer underlying support and keeps the bullish structure intact. Momentum is still pointing higher, although overbought conditions are flashing across the board, so I’m cautious about chasing the move too aggressively at these levels. My upside targets remain: • 1.3800 • 1.3830 The 1.3800 zone also aligns beautifully with the 70% Fib at 1.3805, making it a natural magnet for price and a likely area for profit‑taking before sellers re‑enter. As always, crude oil will play its part in shaping USD/CAD direction. For now, I’m watching 1.3800–1.3830 closely to determine direction for the next few sessions. My money, my risk.#usdcad #marketanalysis #forextrader #technicalanalysis #chartanalysis #priceactiontrading #forexcommunity #tradingpsychology #tradingeducation #charmertrading #womenintrading #fxanalysis #traders #tradingEducation
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