FX.co ★ Floppy | Floppy Trading Journal

Update of 25 May, 2022. Greetings everyone, Welcome to my humble journal, all visitors. Thank you for visiting. Prediction about the US Index, GOLD metal and CRUDE OIL asset: Today if there should be discussed the US Index and CRUDE OIL and GOLD then it will be better, according to the coming data the most effect will be on the US Index and on the GOLD 50% and 50% because they are opposite to that’s, the US Index are searching for the bullish momentum, this will suddenly crash the market in the bearish continuation for the GOLD metal. So the GOLD will look for the region below the 1830 and near to the 1800, then the US Index will move a position above the 104.00 and 105.00.

But according to the trend the CRUDE OIL is looking for the bullish continuation momentum, because the rejection at 109 and at 110, confirming that the strong bullish continuation trend for the CRUDE OIL and the prices looking to move toward the level of the 115.00 and may be above the 118 for the next two weeks. Let’s see what happening next.

Looking at the prices to move in the bullish or bearish continuation, let’s see what happening next with the US Index, GOLD metal and CRUDE OIL asset prices. The Russia and Ukraine's war statement updated: The World Bank warns that there should be the global recession and all this was hurdling due to the Russian and Ukraine war. The EU and NATO find a position where they meet to the Russia and maybe a fight with them, but the Russia is more powerful than the NATO. The parliament of the Russia government scraps that there should be an age limit of the military for the proper voting. Let’s see what happening with these two country conflict circumstances.

Today’s economic events: Today is another important day like yesterday for the forex market trading. There should be most impact on the US Index and on the USD / CAD currency pairs and its related pairs to effect on the forex trading market. The Canadian economic events coming with effect Core Retail Sales m/m and Retail Sales m/m and US events are coming with the impact of the Prelim GDP q/q, Unemployment Claims, and Pending Home Sales m/m. Other coming are less impacted as compared to the above mentioned. The pairs are very volatile for the today’s trading, that is why the reason is most careful. So, be careful to use the proper lot size with the money & risk management and then pace the trade carefully after analyzing the market with the technical and fundamental based.

Let’s see what happening next. High-impact events: Prelim GDP q/q Medium impact events: Core Retail Sales m/m Retail Sales m/m Unemployment Claims Pending Home Sales m/m Low-impact events: Prelim GDP Price Index q/q CB Leading Index m/m Natural Gas Storage Tokyo Core CPI y/y Retail Sales m/m Also, furthermore you can see in the attached picture above. Closed transactions: Not about the closing section, but today I am seeing very highest volatility in the US Index and today I am confirmed that it will hit my take profit level. Active transactions: Yesterday, I was active the transactions on thee US Index and now today I active some other transactions on the USD / CAD currency pair. The US Index transactions are running with an little amount of profit, yesterday the US Index was touch an upward position at 102.43 which was near to my take profit level but I was not touch my target level after that thee prices was again come to the region below thee 102.00 boundary level, and now floating with the little amount of the profit. Moreover, next I active some transactions on the USD / CAD currency pair.

The four hourly chart frame for the USD / CAD currency pair, I am seeing an sell trend for the bullish continuation for the USD / CAD currency pair and that’s why the reason, I am choosing the buying transactions on the USD / CAD currency pair. I am choosing the 2.00 lot size and place the transactions at level 1.2831 and take profit for both transactions are at 1.28600 and stop loss is at 1.2800. Because any negative impact can leads me into loss that why I use the stop loss and take profit as if the market hit an upward momentum then may be it will fall suddenly from the upward level.

Wish you good wishes to my all friends and mates. Thank you all. Floppy MT5 forum location.