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Pre New York session:
It gave me only one chance to enter and I missed it.
315 Macro: It refers to the time period 3:15 PM to 3:45 PM macro, also called last hour macro. It seeks the liquidity which has not been traded yet.
Check this lecture of ICT.
It did work. But I closed in loss due to poor risk management and fear and also lack of experience of trading 315 macro. It was the first time I was trading 315 macro.
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First Trade was scalping using London silver bullet. Key: when using higher Lot get your target as soon as possible.
I entered without confirmation.
It took all liquidities in the way and actually came to say Hello to PM low.
Did a lot of scalping and managed to close in green. TGIF set up also helped.
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In forex trading, currencies are often categorized based on their volatility and risk levels. High beta currencies, such as the Australian Dollar (AUD) and the New Zealand Dollar (NZD), are those that tend to exhibit higher volatility compared to other currencies.
Here’s a breakdown of what this means for a forex trader:
In summary, high beta currencies like AUD and NZD offer traders the potential for higher returns but also come with increased volatility and risk. Successful trading of these currencies requires a thorough understanding of market dynamics, strong risk management practices, and the ability to adapt to changing market conditions.
In addition to the Australian Dollar (AUD) and the New Zealand Dollar (NZD), several other currencies are often considered high beta currencies due to their higher volatility and sensitivity to market events. Here are some examples:
These currencies, like AUD and NZD, tend to have higher beta values compared to major currencies like the US Dollar (USD), Euro (EUR), and Japanese Yen (JPY). Traders interested in high beta currencies should carefully analyze the factors affecting each currency’s movements and implement appropriate risk management strategies.
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The relationship between US retail sales and the movement of the US dollar and gold is complex and influenced by various factors. Here’s a breakdown:
Impact on the US Dollar:
Additional factors to consider:
Recent example:
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The Job Openings and Labor Turnover Survey (JOLTS) report, published by the U.S. Bureau of Labor Statistics, provides valuable insights into the dynamics of the job market. While its primary focus is on employment trends, the JOLTS report can also influence financial markets, particularly the U.S. dollar and gold prices. In this article, we’ll explore how the JOLTS report affects these two key financial indicators.
1. JOLTS Report Overview:
The JOLTS report is released monthly and includes data on job openings, hires, quits, and other labor market indicators. Analysts and investors closely monitor this report to gauge the health of the U.S. labor market and make informed predictions about the overall economic landscape.
2. Impact on the U.S. Dollar:
a. Employment Indicators and Monetary Policy: Positive JOLTS data, such as an increase in job openings and hires, often signals a robust labor market. This can influence the Federal Reserve’s perception of the economy, potentially leading to adjustments in monetary policy.
b. Interest Rates and Currency Value:The Federal Reserve’s decisions regarding interest rates, influenced by labor market conditions, can impact the value of the U.S. dollar. A strong labor market may prompt the Fed to consider tightening monetary policy, which can contribute to a stronger dollar.
c. Investor Sentiment:Traders and investors react to JOLTS reports, adjusting their currency positions based on the perceived strength or weakness of the U.S. economy. This can lead to short-term fluctuations in the dollar’s value.
3. Impact on Gold Prices:
a. Inverse Relationship: Gold and the U.S. dollar often exhibit an inverse relationship. When the dollar strengthens, gold prices tend to decrease, and vice versa. This relationship is rooted in the fact that gold is priced in dollars globally.
b. Safe-Haven Demand: In times of economic uncertainty or labor market distress, investors may turn to gold as a safe-haven asset. Therefore, a weaker JOLTS report suggesting labor market challenges could lead to increased demand for gold and higher prices.
c. Inflation Expectations: Strong JOLTS data indicating a robust labor market may influence inflation expectations. If investors anticipate higher inflation, they may turn to gold as a hedge, contributing to increased demand and higher prices.
4. Conclusion:
The JOLTS report serves as a crucial economic indicator with the potential to influence the U.S. dollar and gold prices. Investors should carefully consider the nuances of the labor market data and its broader implications on monetary policy and market sentiment when making financial decisions in these interconnected markets.
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Signs of Bearishness Amidst a Spectacular Surge
The S&P 500 is positioned less than 2% away from its previous record high, achieved on January 3, 2022. Simultaneously, the Dow Jones Industrial Average marked three consecutive all-time highs, aiming for a fourth on Monday.
A Centuries-Old Charting Technique Raises Concerns
Despite the strong performance, an ominous signal surfaced in the S&P 500’s candlestick charts, a centuries-old charting technique. This could indicate a potential reversal of bullish trends in this closely monitored U.S. stock market index.
The Enigmatic ‘Doji’ Pattern Emerges
Following a robust rally post the Federal Reserve’s latest meeting, the S&P 500 displayed a textbook doji chart on Thursday. Subsequently, a slightly irregular doji formation appeared on Friday, raising questions about the future direction of the market.
Understanding the ‘Doji’ in Candlestick Analysis
In candlestick charts, the ‘doji’ pattern, developed over 200 years ago in Japan, is seen by some market technicians as a psychological indicator. With its thin body and equal-length vertical lines (wicks), the ‘doji’ suggests a moment of indecision in the market.
Interpreting the ‘Doji’ in Market Psychology
Doji patterns, translated as “at the same time,” become significant after substantial gains. Market analysts, such as Steve Nison, note that a doji after an extended rally can indicate potential buyer indecision, potentially leading to a reversal.
Two Successive ‘Dojis’ Point to Market Turbulence
The formation of two dojis in a row, as observed in the S&P 500 on Thursday and Friday, indicates a state of balance between buyers and sellers. Analysts suggest this state of temporary calmness may precede a major market move in either direction.
Bulls and Bears in a Battle of Market Forces
Financial blogger Vladimir Ribakov views the doji pattern as a temporary balance of power between buyers and sellers, likening it to a world war with a knock-out winner. The consecutive formation of dojis raises the likelihood of a strong market move, yet the ultimate victor remains uncertain.
The Optimism Factor: Betting on the Federal Reserve’s Strategy
Market optimism is fueled by investors’ bets on the Federal Reserve not only halting interest rate hikes but also significantly cutting benchmark rates next year. The Fed’s projection of rate cuts, known as the dot plot, suggests potential reductions that could impact overall borrowing costs and support businesses.
The Fed’s Soft Landing Attempt and Economic Outlook
The Fed’s shift from rate hikes to potential cuts has resulted in a pullback in bond yields, supporting a positive outlook for the economy. However, the number of anticipated rate cuts in the coming year raises questions about the economy’s stability, leaving the outcome uncertain for stock bulls and bears alike.
Awaiting the Fed’s Success in 2024
Whether the stock bulls can claim victory over bears hinges on the Federal Reserve’s success in achieving a soft landing in 2024. While the odds appear favorable, the prospect of significant rate cuts raises concerns about the economy’s stability.
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Market Cap: ₹829 Cr
About the Company:
Business Overview:
Product Portfolio:
Brands Represented:
Online Presence:
User Experience (UX):
Omni-Channel Retailing and Local Delivery:
Customer Loyalty & Referral Program:
Opportunities and Threats:
Conclusion:
Brand Concepts Ltd exhibits a strategic focus on brand representation, diversification, and consumer-centric initiatives. The company’s commitment to quality, innovation, and adapting to market dynamics positions it well for growth. The provided insights and recommendations offer valuable guidance for enhancing user experience, expanding market reach, and addressing potential challenges. Investors should consider these aspects for a comprehensive evaluation of Brand Concepts Ltd.
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✅ About Company:
✅ Issue Details:
✅ Object of the Issue:
✅ Financial Performance:
✅ Key Performance Indicator:
✅ Comparison with Listed Peers:
✅ Strengths:
❌ Weaknesses:
Conclusion:
Motisons Jewellers brings a legacy of heritage and established brand presence. While strengths like a diversified product portfolio and strategic location contribute positively, challenges such as geographical concentration and competition should be considered. Additionally, potential adverse effects of pending litigations need monitoring. Investors should weigh these factors before deciding whether to apply for the IPO.
