What Every Trader Needs to Know

This Week’s Economic Calendar

Last week the price action, as a result of the economic calendar, unfolded precisely as anticipated marked by numerous consolidations and high-resistance liquidity runs. As we enter the current week, a notable shift will occur. There will be a decline in volume and open interest from speculators due to seasonality. During the holiday season, large pockets, banks, and smart money are offloading their balance sheets and squaring positions ahead of the new year which is attributed to this decline in volume.

Given that these entities are adopting a more reserved approach, market movements are expected to undergo a significant reduction. Because these entities encompass a significant portion of the volume in the marketplace, the liquidity providers (Smart Money) will have less liquidity to turn over. This translates to smaller price ranges and tighter consolidations. To navigate effectively, it’s crucial to adjust strategies accordingly and maintain nimbleness in response to the evolving market dynamics.

Monday:
No significant news drivers coupled with the seasonality and it being a Monday emphasizes the importance of exercising patience. Wait for the 9:30 opening, then focus on the most probable higher time frame draw on liquidity.

Tuesday:
FOMC Meeting Minutes at 2 pm and medium-tier news at 10 am. FOMC Minutes are less impactful than the main FOMC decisions. Prioritize either the 10 am Silver Bullet or the last hour of trading.

Wednesday:
Multiple news drivers at 8:30 am and 10 am will serve as volatility injections into the markets. As a result, the day will likely present optimal trading opportunities. Consider the 7-8:30 am or 10-11 am Silver Bullet for higher probability.

Thursday:
Bank holiday – No trading.

Friday:
Red folder news drivers at 9:45 am. Days following a bank holiday can be challenging, it’s best to avoid these problematic days unless you are a scalper and prefer low-volatility conditions.

Earnings Spotlight: Major Corporate Reports Unveiling This Week – Key Insights for Investors

Earnings Reports Impact: A Reminder for Traders –
Expect significant price runs around the earnings reports. Potential trading opportunities for strategic positioning. The influx of volatility facilitates smoother trades with lower resistance.

Wrap-up:
Stay informed for sound decision-making, and always adhere to strict risk management protocols. Until our next update, trade wisely.

Happy Trading!
Adora Trading Team

November 20, 2023

Share the Post:

What Every Trader Needs to Know (11/18/2024)

November 17, 2024

This Week’s Economic Calendar The previous week was characterized by a fast, one-sided buy-side delivery into targets on the US dollar, confirmed across correlated assets,

What Every Trader Needs to Know (11/11/2024)

November 13, 2024

This Week’s Economic Calendar In a pivotal decision for the U.S. economy, the Federal Reserve recently cut interest rates by 25 basis points in the

What Every Trader Needs to Know (11/04/2024)

November 3, 2024

This Week’s Economic Calendar Over the past week, more than $950 billion was wiped off the U.S. stock market in a single day, with the

support@adoratrading.co

ADORA WEBSITE DISCLAIMER

The content of this website is owned and operated by Adora Trading, LLC and herein shall be known as “Adora.” All persons who access it agree to do so in accordance with applicable U.S. law.

This Disclaimer, along with the Terms and Condition and Privacy Policy, governs and controls your access to and use of https://adoratrading.co (our website) to include any content, functionality and services offered on or through our site, whether as a guest or a registered subscriber.

This website is for educational and informational purposes only and is not to be used as financial advice in the selecting or selling of financial instruments, or commodities on any open financial markets in the U.S. or foreign markets.

Adora, nor its members are members of any financial regulatory body. Any information found herein is not to substitute, or be construed for financial advice from a licensed professional. You should not treat any opinion expressed herein by Adora and/or its members or affiliates as a specific inducement to make a particular investment or follow a particular investment strategy, but only opinions of such.

Adora, nor any of its members shall be held liable or held responsible for any errors or omissions on this website or for any damage you may incur as a result of your own personal or institutional financial exposure or loss.

At times Adora may promote its Affiliated partnership with https://www.topstep.com. Any affiliation with Top Step is not an endorsement of activities outside of the Adora, Top Step agreement.

VIDEO DISCLAIMER

The information contained within Adora Trading, LLC simulated educational financial videos’ along with any resource or links available are not intended to be, or construed as, financial advice. Adora Trading, LLC and its members are not financial advisors, nor are they held out as such. The information contained in Adora Trading, LLC training videos should not serve as a substitute for financial, or construed to be advice from a professional who is aware of the facts and circumstances concerning financial markets and professional industries.

IMPORTANT DISCLOSURES

These videos provide hypothetical performance results with many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown, in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight, in addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or adhere to a particular trading program in spite of trading losses are material points that can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.