Archive by author: PeterMReturn
Nestled in the cozy nooks of the Blue Mountains, I share my digs with Marcia (the chief of home affairs) and Minke (our fur-baby with a penchant for tail-wagging). Ah, the markets! I've been rubbing elbows with them since the 80s – neon leg warmers, mullets, and all. Now, while some folks love puzzles or sudoku, I'm more about deciphering the wild scribbles of the financial market. For me, they’re like windows to the zany dance of the world. Plus, they let me pretend I'm a detective, trying to crack the code of ever-shifting market patterns. Building TradingLounge? Think of it as my arts and crafts project – it’s the cherry on top of my market sundae, and boy, is it a delicious venture! 🍒📈🤣
The Elliott Wave Analysis for USDJPY on the day chart, conducted on 24th July 2023, reveals a counter-trend corrective movement with a Zigzag structure. The analysis identifies Black Subwave 2 of Red wave 3, and the next lower degrees project a Black wave 3 of a larger Motive wave pattern. Traders are advised to monitor the completion of Subwave Wave "2" between Fibonacci levels 61.80 to 78.60. The analysis also highlights the potential for a stronger directional move with Black wave 3...
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Elliott Wave Analysis points towards an upward movement in major indices like the S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, and ASX 200, indicating potential long trade prospects. Traders are advised to stay vigilant as the current impulse wave concludes and a larger wave four correction takes shape.
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NASDAQ-listed stocks, including AAPL, TSLA, AMZN, NVDA, MSFT, Meta Platforms, NFLX, and GOOGL. The analysis employs Elliott Wave patterns to track corrective movements and assesses the potential for long trading opportunities. Despite corrective retracements, the S&P 500 and NASDAQ continue their upward trends with healthy market structures. As the corrections unfold, the report advises a long trading strategy and emphasizes the importance of prudent investment decisions.
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The market report provides an analysis of various commodities and futures in the trading market. It covers metals, energy, forex, and bonds, with a particular focus on US Bond Yields, USD, DXY, USDCAD, USDJPY, EURUSD, GBPUSD, AUDUSD, Gold, GDX, Silver, Copper, Iron Ore, Lithium, Nickel, Crude Oil, and Natural Gas. According to the report, the USD DXY is expected to experience a series of small corrective rallies. However, caution is advised in trading Gold and Silver, as they are predicted to...
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"Delve into our detailed Elliott Wave Analysis of the Stock Market, focusing on key indices including SP500, NASDAQ 100, Russell 2000, DAX 40, FTSE 100, ASX 200, DJI, and NIKKEI N225. The summary includes trading insights, like potential short-term tops and recommended position sizing strategies. Also featured is a video breakdown for each index, presented by renowned analyst Peter Mathers from TradingLounge™. Source: tradinglounge.com"
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Stock Market Report: Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL Elliott Wave Analysis
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Commodities | Latest News & Elliott Wave Analysis: US Bond Yields, Forex USDJPY, EURUSD, GBPUSD, AUDUSD,Dollar DXY, US Gold, Silver, Iron Ore,Copper Lithium,Nickel, Crude Oil, Natural Gas
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