Our dear customers and friends Happy day to all full of great profits????
???????? United States – Tuesday – Building Permits
???????? United States – Wednesday – US crude oil stocks
???????? United States – Thursday – Philadelphia Manufacturing Index
???????? The five complaints rates – of US unemployment
???????? United States – Thursday – Existing Home Sales
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???? The technical outlook for tomorrow, Monday, April 17, 2023
gold ????
Gold, the global safe haven, rebounded from the resistance levels at $2048 to head to test the support at $1981. Trading at the lowest levels of $2015 suggests the bearish scenario as a correction after the positive waves.
oil ????
Oil rebounded from the resistance levels at $83.49, to head to test the support at $81.42 and $79.40, respectively.
Euro dollars ????
Eurodollar rebounded from $1.10733 levels to head to test $1.09650, trading below reinforces the bearish scenario to $1.9023 levels
Bitcoin ????
Bitcoin, the digital haven, rebounded from $31,024 to head to test $30,100 and $29,100 levels, staying from $29,100 is likely to continue the gradual decline
Dow Jones ????
The Dow Jones rebounded from the support levels at $34,116 to head to test the resistance levels at $33,640. Trading below the levels of $33,640 suggests the negative scenario to the next target at $33,299.
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overview
???????? US inflation is 5%, down from 6%.
???????? The expected interest rate in May: 25 basis points to maintain the Fed’s strategy on curbing inflation, targeting 2% December 2023 and the first quarter of 2024 maximum recovery
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At the request of our dear followers – we attach
Stop loss table for beginners
Depends on your own strategy and profit/loss ratio 1:1.5 or 3:1???
at ATR rate * 2
Average true range
gold
Stop loss no more than $40????
euro
Stop loss no more than $0.01818????
oil
Stop loss no more than $4.05????
bitcoin
Stop loss of at least $1363????
Hamsa: Trading must be done with firm capital management and avoidance of unspecified risk. Calculating loss is more important than calculating profit at all times of daily and investment trading.
Have a nice and blessed day ??
