Cloud Strife Trading Pro

Foreign Exchange Market:
- EUR has a dramatic fall after the ECB Press Conference, held in Thursday, September 9th, 2021. In the conference, the European Central Bank announced it would maintain its monetary policy, but said it would slow the pace of its asset purchase program.
- At the end of the session on September 10, U.S. stocks fell as signs of economic uncertainty emerged. The Dow Jones industrial average fell 271.66 points, to close at 34,607.72. The S&P 500 fell nearly 0.8 percent to 4,458.58 and the Nasdaq Composite fell 0.9 percent to 15,115.49.

Currency Rates:
USD/VND 22,756
BRL/USD 0.1902
EUR/USD 1.1810
EUR/VND 26,920

Vietnam’s Economy:
- Vietnam still have to face to an increase in amount of Covid 19 patients
- In September 11th, 2021, the Government issued Resolution No. 106/NQ-CP on tax policies on imported goods to finance covid-19 prevention and control.
- Khanh Hoa, Quang Nam, Da Nang... are urgently building a plan to open their doors to visitors when the pandemic disease is under control.
- Although the epidemic is still complicated and has previously largely been suspended or production in moderation, most enterprises in the southern key economic triangle (HCM City - Binh Duong - D**g Nai) are ready to return to operation.
- On the afternoon of September 10th, The People's Committee of Ho Chi Minh City has organized a conference to collect comments from the business community, finalize a draft plan for covid-19 prevention, recovery and economic recovery in Ho Chi Minh City after September 15, 2021. Following that, HCM city will open up the entire economy after getting through 3 stages of monitors from September 16th 2021 to January 15th 2022.
- In addition, the People's Committee of Ho Chi Minh City also offers solutions to support enterprises including: credit support, support for production and business organizations, reduce costs and take care of workers' lives; supporting market expansion, information support, human resource training; support from the state budget.

While H1 is under divergence as price is taking lower low but the AO is taking higher low which is obviously opposite to each other. Thus, an expectation of price moving up appears after breaking the resistance 1802 or else it would fluctuate in range 1802 - 1784.

Moving smaller timeframe M15, the trendline (white line) is drawn which may head to a quick short in M15 with target to support 1792 and 1784 relatively.

As price still stays under 1802 resistance, the H1 divergence has not been confirmed yet. However, the quick short need to be very careful with high monitoring cause the market may have sudden change in direction.

The newest Non-farm payroll's result was forecasted based on the real US labor market.

There were 2 factors which determined an increase in the non-farm employment: higher payment and the efficiency of Covid 19 vaccine.

They contributed a big increase in the Non-farm payroll result, 850k in actual whereas 725k in forecast and only 569k in previous period. This jump expresses the fast recovery in US labor market.

However, due to a lower ISM manufacturing PMI from 61 to 60 on this Thursday, the inflation rate decreases. According to the Phillip Curve theory, unemployment rate and inflation rate has a negative relationship, which means if the inflation rate is lower, the unemployment would be higher. The previous unemployment rate was 5.6%. Thus, result was 5.9% which is higher than the previous showing a bad news to USD.

This non-farm payroll was neutral as there was a mix of a good and a bad news. Despite that, DXY reflected impressively as it fluctuated with a high volatility before a dramatic drop to 92.23.

Talk About The Lastest FOMC (17/6/2021)

"Despite of acknowledging the faster pace of growth and inflation, the central bank continues to bet that the factors boosting price pressures..." - investing.com

Stand between inflation and unemployment, US has a reasonable long-run step by keeping interest rate unchanged at 0.25% while the high inflation was alerted. Following Phillip's theory, there is an inverse relationship between inflation and unemployment. Keeping the interest rate low at 0.25% and allowed billions USD stimulus, US government is increasing the money supply in order to boost the economy and take the competitive advantages compared to other countries.

After being damaged from Covid 19, the economic position has been changed. Thus, US is in the race of being top position. They forecast the inflation rate can be up to 3.4% in 2021 and 2.1% in 2022, showing the US'determination.

Furthermore, Covid 19 has caused an increase in unemployment rate. High labor defection can lead to more dangerous problems such as the rise of criminal, murder and robbery, which much harder to solve and bring negative effects to the society later.

Keeping interest rate unchanged with the hawkish attitude, DXY index jumps up to 91.38 from 90.5 in few hours.

P.s: Above paragraphs are my personal view of the lastest FOMC but not positioning recomendation. Be aware of any risks may occurred before any desicions.

WILL A BIG RETRACEMENT START?

- Price is at Wn's MA Support which contains numbers of buyers, Gold has a support to retest 1740 - 1750 resistance (which is also H4 resistance). At this field, if Gold's price will be closed above 1740-1750, there would be a big jump to 1770. In contrast, gold would gain high pressure from bear army.

- Eventhough Wn's MA Support is rejecting gold price to fall further, the D1 chart's 3rd wave hasn't completed. Hence, price could break the Wn's MA Support and head to 1620-1650 levels.

- Currently, gold has a huge increase from 1710 (which is also Wn's MA Support), we can look forward a break-out H1 to D1 and a jump to 1770-1800 area. In contrast, we should stay tuned and wait for clearer signals.

DISCLAIMER:
- The objectives of my trading plan is not trading recommendation, meanwhile, there is no pressure in following my plan. Hence, I reject responsibilities in any losses caused by any reasons.
- Before joining in Forex market, full knowledge in risks and government law is a must.
- Please don't judge my work because there is no right or wrong, just inbox to me so we can have a bigger pictures.
Many Thanks!

Link:

CHỜ ĐỢI MỘT CÚ HỒI NGOẠN MỤC TỪ VÀNG cho OANDA:XAUUSD bởi CloudStrifeProFx - Hiện tại các khung thời gian lớn đều đang cho thấy một vị thế không đổi là bán vàng, tuy nhiên, các khung thời gian ngắn đang thể hiện một vị thế hoàn toàn mới sau một cú tăng mạnh vào sáng ngày 4/3/2021 sau khi chạm vùng cản 1710. Đi...

GOLD IS TOO LOW TO CONTINUOUSLY SELL

Congratulation! The last trading Gold plan was in hand, hopefully, your account raised after viewing my plan.

To sum up, last time, we wait for a short decision around 1750-1770 level and target 1700. The price is currently at 1710 which is very close to our target. Price could fall to 1700 today, however, Gold is at extremely low level in D1 chart which would not bring benefits to sellers anymore. In addition, Gold is in dramatically drop in long-run trend.

Trading Plan:
- For scalpers, wait for long whenever there is an increase signal in H1 with target 1767.14.
- For swing traders, we will wait to short again at 1750-1770 levels.

Link: https://vn.tradingview.com/chart/XAUUSD/jhK8KXa0/

DISCLAIMER:
- The objectives of my trading plan is not trading recommendation, meanwhile, there is no pressure in following my plan. Hence, I reject responsibilities in any losses caused by any reasons.
- Before joining in Forex market, full knowledge in risks and government law is a must.
- Please don't judge my work because there is no right or wrong, just inbox to me so we can have a bigger pictures.
Many Thanks!

GIÁ QUÁ THẤP ĐỂ DUY TRÌ VỊ THẾ BÁN VÀNG cho OANDA:XAUUSD bởi CloudStrifeProFx Xin gửi lời chúc mừng đến các bạn giao dịch Gold theo ý tưởng của tôi trong những ngày qua. Hy vọng rằng, tài khoản của các bạn đang tăng trưởng mạnh mẽ và đều đặn. Tóm tắt: Lần trước, tôi có ý tưởng chờ bán vàng ở mức 1750-1...

EUR OPENS HIGHER ON US STIMULUS, MORE VACCINES

European equities started the session on Monday in the green as the United States moved towards advancing more fiscal stimulus and Johnson & Johnson's single-shot coronavirus vaccine was approved for emergency use by the Food and Drug Administration (FDA).

Last week, the Democratic-controlled House of Representatives voted 219 to 212 to approve a $1.9 trillion relief package to help support the US economy amid the coronavirus crisis. Meanwhile, J&J's COVID-19 jab will be the third vaccine in circulation in the US following the FDA's approval.

The DAX jumped 1.28% in the first minutes of trading as Adidas led the gains rising over 25. Meanwhile, the CAC 40 climbed 1.20% with Airbus as the top performer. The FTSE 100 opened 0.94% in the green in London; Taylor Wimpey jumped over 2%.

DON'T TOUCH GBPUSD AT THIS MOMENT

In general, GBPUSD's medium and long-run have an increase trend, however, price is at the highest level in week chart, the next movement could be moving down further. Hence, be careful for holding long GBPUSD.

Trading Plan:
- Wait GBPUSD changes from rising to falling in D1 and look up a good short set-up.

DISCLAIMER:
- The objectives of my trading plan is not trading recommendation, meanwhile, there is no pressure in following my plan. Hence, I reject responsibilities in any losses caused by any reasons.
- Before joining in Forex market, full knowledge in risks and government law is a must.
- Please don't judge my work because there is no right or wrong, just inbox to me so we can have a bigger pictures.
Many Thanks!

Link:

GBPUSD LÀ ĐỂ NGÓ CHỨ KHÔNG CÒN ĐẸP NỮA cho OANDA:GBPUSD bởi CloudStrifeProFx Tổng quan, GBPUSD trong trung và dài hạn đều cho thấy xu hướng tăng, tuy nhiên, giá trên khung tuần đang cho thấy một mức quá cao. Cho nên, GBPUSD sắp tới có thể sẽ xuất hiện đợt điều chỉnh, cần chú ý các lệnh mua trữ dài hạn. Chiến Lư...

EURUSD is having a dramatic retracement before continuously falling to 1.2000 level. In general, EURUSD still under bearish pressure in long-run, but they need more sellers entering in the market. The bearish united area could be around 1.2100-1.2130.

Trading Plan:
- For scalping traders, going long at 1.2074 with TP at 1.2100 or 1.2130 could bring a profit.
- However, swing traders should follow the big trend which waiting for short around the bearish united field. Tp can be at retest level 1.2060 and further.

Link:

EUR GẶP ÁP LỰC KHI USD ĐANG TRÊN ĐÀ PHỤC HỒI cho OANDA:EURUSD bởi CloudStrifeProFx Việc Mỹ tăng lợi suất trái phiếu Mỹ lên 1.3% đã tạo ra lượng lớn dòng tiền đổ vào USD. Chính vì thế, biểu đồ EURUSD đã thể hiện sự sụt giảm kéo dài từ 25/2/2021. Hiện tại, EURUSD đang có đợt hồi mạnh mẽ trước khi tiếp tục ...

CHINA'S MANUFACTURING PMI SLIPS TO 9-MONTH LOW IN FEBRUARY

The Caixin China General Manufacturing Purchasing Managers' Index (PMI) was seen at 50.9 in February, signaling an overall growth in the sector as the figure remains above the neutral 50, according to the latest report released by the IHS Markit on Monday.

The manufacturing activity expanded at a slower rate than it did in January with this month's number 0.6 lower than the previous result, showing the operating conditions improving at the lowest rate since May 2020.

"The confidence mainly came from the accumulation of the experience in fighting the pandemic over the past year, as well as the expectation that the winter Covid-19 flare-ups were coming to an end," Senior Economist at Caixin Insight Group Dr. Wang Zhe said about the data.

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