How to lose mind without living own house.
...at this time I was usually sitting at dining table, while my mother was cooked dinner I was fully focused on US dollar index. at this days some sort of movements doesn't seems for me understandable, didn't have clear bias and previous extensions and reversal was totally unclear for me.
I recently hear some absolutely weird star from ICT that :"...I need to protect my family at November 2023..." or suddenly to hear this one but - "... Im her until November, don't find your tongue after". His words absolutely upsets me, specially after 106 hours of watching him.
Yes I have no education at macro economies and I'm just young man that found himself in EURUSD chart and because of the lack of communication with other fully focused on charts, it is what it is,
Disclaimer
Author doesn't give a shit of your risk and reward, its not a financial advise (there is questions to you if you hear advice from some 19 years old market psycho). Author don't take responsibilities for consequences.
by this moment let's talk with the charts.
DXY:
S&P500
GOLD
economics
it's enough with charts based with previous crisis price action. if you are have enough passion about those ideas "don't take my words for it" open your charts and see if the price give others hint for us beforehand. As a hint for you is a larges companies buy capitalisation S&P 500(apple\Tesla\amazon\etc\etc\etc.
some numbers and fundamentals for nerds.
conclusion
as a developing trader I know two Laws first one that market and chart is fractal, and the higher probability setup are formed by many of factors and important is to be on the flow with higher and lower timeframe.
The second one of laws what I want to leave there is that market are already accommodate news, now we all guessing but sometimes are coming its a fact.
I hope it was insightful, any criticism is acceptable.
*some resources and references.
https://edition.cnn.com/2022/10/02/business/global-recession-fears-explained/index.html
https://www.investopedia.com/articles/economics/08/past-recessions.asp
https://www.slickcharts.com/sp500
if you are interested enough to get in this place, let I tell something for you, look, all recessions and bad times are just a part of our life, we have to be prepared for it if you are like a me doesn't have any savings just take notes and look what's works and what's not,"I hope you enjoy this video, be safe".