Short Sellers Drive Gold Up!
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Ho Ho Ho! Santa's bringing early gifts this year... market insights, that is! 🎅
While the holiday season brings a slower pace to the markets, it's also a time for reflection and planning.
This newsletter will continue to deliver key market observations and valuable insights to keep you informed and prepared for the trading weeks ahead.
Happy Holidays and successful trading in the new year!
✨ Gold Glimmers Again!
Gold prices edged higher as short-covering took center stage.” After weeks of pressure, traders are shifting gears, giving gold a moment to shine amid global uncertainty.
↘️ Bitcoin's first major weekly price slump since Trump win
Bitcoin sees its sharpest weekly decline since Trump’s election victory.” The crypto giant’s resilience is being tested as market sentiment shifts to bearish territory.
⚠️ World Markets Wary Despite US Gains!
The US stock market staged a late-week rally, but it wasn't enough to shake off the gloom that has settled over global markets as concerns about inflation and the economic outlook persist.
🛢️ Oil Stalls as Fed & China Hold the Keys!
Oil prices held steady as traders balanced rate cut hopes with doubts over Chinese demand.” The tug-of-war between policy expectations and slowing global growth is keeping the market on edge.
🇺🇸 Dollar Softens! Inflation Signals Calm Markets
Cooling U.S. inflation has taken some steam out of rate hike fears, sending the dollar adrift.” This shift is offering relief across global markets, but uncertainty remains around what the Fed will do next.
💀 Bitcoin’s 15% Dip Sparks Panic
Bitcoin’s 15% tumble has unleashed waves of FUD across the market.” Yet, some analysts believe this shakeout could pave the way for a healthier price climb ahead. Is this crash a buying opportunity?
💸 Whale Alert! Metaplanet’s $20M BTC Bet Shocks the Market
“Metaplanet just made waves with a record-breaking 620 Bitcoin purchase.” This bold move has traders buzzing about the potential impact on liquidity and sentiment.
🎄 Merry Christmas from Trading TLDR! 🎄
Hey everyone, just a quick update today.
The markets are closed for Christmas, so there’s no new trade recommendation.
But don’t worry - I’ll be back with fresh insights and setups on Friday.
Take this time to relax, enjoy the holiday spirit, and recharge for the exciting trading opportunities ahead.
Let’s wrap up the year strong and kick off 2025 with a bang!
See you Friday!
Trading Feels Like You’re on a Game Show with Too Many Doors? Let’s Pick the Right One!
Starting trading can feel like you’re a contestant on a game show, staring at a row of doors, unsure which one leads to success.
Behind one door could be your big break, but behind another might be a dead end.
It’s overwhelming, and the pressure to choose the “right” path can leave you stuck.
These newsletters are like your trusted host, guiding you to the door that opens to clear strategies and smart decisions.
Click here to simplify your choices and start trading with confidence.
Gravestone Doji
A Gravestone Doji is a bearish reversal candlestick pattern that signals a potential downtrend after an uptrend.
It is characterized by a long upper shadow and a very small or no lower shadow, with the open, close, and low prices being nearly identical.
What to Look For:
- Long Upper Shadow: The Gravestone Doji has a significantly long upper shadow, indicating that the price moved higher during the trading period but was ultimately rejected by sellers.
- Small or No Lower Shadow: The lower shadow is very short or non-existent, suggesting that buyers had little control during the trading session.
- Small or No Body: The body of the candle is very small or non-existent, indicating indecision or a battle between buyers and sellers.
Our Spotlight Trader: Richie Naso
Richie Naso grew up in a tough Queens neighborhood, turning his love for sports into a trading career.
Starting as a NYSE runner in the 1960s, he found his edge in trading through discipline and strategy, not just luck.
His journey from a tough Queens neighborhood taught him one thing: having an edge separates traders from gamblers.
Richie focuses on simple strategies, understanding risk tolerance, and following market algorithms to spot patterns.
He stresses journaling to learn from mistakes and manage risk with daily limits.
Believing algorithms drive market dynamics, he built a career on adaptability and precision, rising from a rookie to a seasoned trader.
Here are Richie’s key lessons:
- Master Your Edge - Strategy beats luck every time.
- Know Your Risk - Understand your limits; risk is personal.
- Keep It Simple - Complex strategies confuse; simplicity profits.
- Learn Market Patterns - Trust algorithms to reveal opportunities.
- Journal Everything - Track mistakes to avoid repeating them.
- Set Limits - Adjust risk daily to market conditions.
Richie Naso’s story proves that greatness doesn’t require a perfect start.
It requires grit, strategy, and the courage to learn from failure.
From a runner on the NYSE floor to forming the Floor Broker Network, he built his legacy one disciplined step at a time.
Your takeaway?
Find your edge.
Honor your risk.
And remember - simplicity and discipline aren’t just trading principles; they’re life principles.
How will you apply them today?
Ever felt like you’re stuck spinning your wheels in trading?
You take a few wins, but somehow your account barely grows.
Meanwhile, you hear stories of traders flipping accounts like magic.
The frustration is real, isn’t it?
Richie Naso will agree with; Trading isn’t luck; it’s mastering the basics and knowing your risk.”
What if you could apply a strategy so precise that making up to 10% a day feels achievable - not in theory, but in practice?
That’s where Ten Percent a Day (TAD) comes in.
This isn’t some overhyped promise; it’s about following a clear, proven framework designed for traders ready to level up.
Once mastered, TAD turns calculated risks into consistent rewards.
No more watching others get ahead while you’re stuck playing catch-up.
Don’t let this chance slip through your fingers.
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Your breakthrough is waiting - but it’s up to you to act now and make it count.