in this trading journal i will explain how i implement fundamentals and sentiment into my technical analysis, stay tuned

okay so ive gone through the forex factory news releases high impact and medium from the start of July until now
still need to compare bonds and read fomc statements and a few others but all in all you see where this is going


from the 1st of July until the 14th here is the main scoop

--medium impact----
supply management is negative
unemployment is negative

--heavy impact---
ppi and cpi are up both signaling inflation even though its a positive number
Institute for Supply Management manufacturing Purchasing Managers' Index (surveys) is negative
hourly average earnings is negative

employment is positive higher number than unemployment
and job openings is positive


((from the 14th until now here is the main scoop))))

--medium impact--
house sales is negative
flash manufacturing is negative
unemployment changed to lower 251 still not beating employment number
phily fed manufacturing huge loss -12.3

--heavy impact--
retail sales is positive
core retail sales is especially positive from -.1 to 1
ny empire state manufacturing is especially positive from -1.2 to 11.1
consumer sentiment is positive
flash services pmi is negative less managers

i sold gold recently due to the fact there is fear surrounding the upcoming federal funds rate and higher interest which will lower gold significantly
maybe not for too long because of the near recession and inflation but well see

oil is the main influential commodity right now
crude oils going down we getting some more supply of oil probaly well see if it breaks support

gold index is at a support however bit of a downwards triangle bearish in my opinion

energy remains from fossil fuels/oil primarily

oil has held support on lower tf
natural gas isnt the same as crude oil its pretty high right now
higher price inflation still no turning

posted it already but you can see how bad inflation is with all these companies decreasing in value
this is 1yr bonds
not looking good for us at all, whenever recession does hit because interest wont fix it because infrastructure is crap
good time to buy gold

this is the sentiment how people really are doing

i wont pull up the number but the us has bad trade balance increasing every year imports more then it exports since the 1970s so idk if it really affects considering weve been trash for so long espescially to china which be putting up that tax on it
and really doubt anyone's carry trading the us because its falling into the ocean not really a high yielder
people dont wanna take loans for a lowering currency

thats gold on 1hr and 5m
closed my position
supports holding real nice might need to wait until tuesday night when bearish usd news stops

stop smoking
eat better get excercise
no booster (death ) shots