AUD/USD showed consolidation this week, trading between support at 0.6576 and resistance near 0.6702 amid subdued volatility. Technicals highlight a neutral RSI and indecisive MACD, with key levels to watch: support at 0.6524 and resistance at 0.6713. Fundamental factors—including Australian economic data and US rate outlook—will be pivotal in breaking this range and setting the next directional bias. Traders should watch for a decisive move to clarify the medium-term trend.
#AUDUSD #Forex #TechnicalAnalysis
Dive deeper: https://t.co/c4f8YIxoJE
#AUDUSD #ForexNews
It appears that a larger number of traders have taken heed to the warnings of the news cycle. Whilst violations remain high during this time, more traders have opted to sit out and focus on the most profitable weeks of the month. Hopefully this increases profitability of traders
Looking for your next trading opportunity? Dive into our Trading Ideas hub for expert market analysis and insights. Discover what's moving markets here, https://t.co/I2ogIjkcsN
Making $1,350 on $SPX puts in 5 minutes:
Entered the previous day low break of 4260 at 7:02am,took 3 profits on the way down, with my final TP at my level of 4250 at 7:07am, where it bounced right to the 9 EMA.
$SPX is currently in the gap fill from June 1-2,which I didn’t take
Money-Making Trader Habits:
Manage your risk - Consider how much you can lose, not win.
FOMO will f*ck you up. Don’t fall into the 90% of failed traders. If you feel the itch, walk away, and…
Hit the gym and keep moving, especially on red days.
Whether you’re into quick day trades or you’re more of a long-term investor, finding your trading edge is super important.
It’s like your secret sauce. It’s what makes you a PROFITABLE trader.
Sooo how do you find your edge?
We all know trading requires discipline and consistency. But how do you become more disciplined and consistent?
Through the small wins 🏆 and no I don’t mean profits.
I’m talking about doing what you say you’re going to do and sticking to it. Even when you don’t want to.
Only in trading can you go from “oh nooo” to “LFG!!!” in 0-100.
Amidst the market chaos, the trick is to stick to your plan, learn when to hold ‘em, and when to fold ‘em. It’s a dance of discipline and consistency.
Master the dance, and you’ll uncover layers about yourself