Nobody should approach you for anything. You want to trade crypto you open an account with a crypto exchange and buy sell there. You want to trade forex you go online and find a reputable broker and open an account with them and do your own forex trading. Nobody in Malaysia is suppose to approach you for anything related to Forex as they are not allowed to collect funds on behalf of someone else. They are the ones giving Forex a bad name.

News calendar marked it as Trump Speaks at 4am on the 3rd of April Malaysia time, so likely press conference to announce it. Of course being a Content President he can just post it on his Truth Social.

No. The announcement is for the new Reciprocal tariff that will hit every country that exports to the US. Practically a 'You tax my stuff, I tax yours' tariff. Also you got it the other way around as Malaysia exports to USA more than we import and is one of our top trading partners.

That is why some are calling it the 'Known Unknown' and the world market is just bracing for it. We know he is going to do it but we don't know how. Reciprocal could be done by goods, meaning if you tax US cars for 30%, the US will put a 30% tariff on your car coming into the US. However, that means there going to be tens of thousands of tariff codes from thousands of goods and hundreds of countries which would be crazy to manage.

Or Trump can just go all out and say if you tax my car for 30%, I'd tax your WHOLE country for 30%.

How this is going to affect Malaysia we'd just have to wait for the 4am press conference. Also it is not just Malaysian company, it's everything that is made outside of US. It can be a German company making the goods in Malaysia and exporting it to the US and that gets slapped with tariff. So the German company decides to close the Malaysian plant and opens one in USA and Malaysia suffers too. We know that is stupid but that is what Trump wants to do with his tariff policies.

His calculation of 47% is not just plain goods tax but includes currency manipulation and trade barriers. So the reciprocal tariffs won't be one on one and won't be the same to all countries.

Some magic numbers that also includes currency manipulation and trade barriers as stated on the chart he is holding up. It's not just plain goods tax.

While I don't support Trumps crazy ideas, other countries have been doing this to the USA and now that the tables have turned, they go and cry unfair. China's been doing this for so many years to every country in the world. At the end of the day, everyone is likely to just soak in the tariff and start looking for ways to reduce it by setting up in USA. It will cost more for the US citizen in the long run but Trump doesn't care if this works out.

It did a post market crash and the futures are still down but the rest of the world seems to have taken the punch to the face and just accepted that there was even a 'discount' on the tariff. It's as good as it gets. Could have been worse.

I believe you already know that all gaps will eventually be filled. Most traders believe this but is usually used on a lower timeframe, within the day it is formed. I see this every few weeks in my forex trading and gaps formed on Mondays are usually filled by London session on the same day. However once it is not filled on Monday, the gap filling idea will be invalided and we forget about it. However, the previous close before the gap will be used as a weekly high/low (depending whether we gap up or down) that will be a target for liquidity to be filled in the future.

Reason for it to be on small timeframe is because on longer time frame it is no longer a viable strategy. 2 years to fill a gap is not a strategy. It's just an eventuality. A gap is usually a reaction over a weekend event that is reflected on Monday when the market opens. The gap is a short term reaction and should not be used for a long term strategy. Like I said, once the gap is not filled, it is considered as failed and the previous week's level becomes the next high/low to be targeted but no longer have a fix timeframe to do so.

There should be a target within an achievable timeframe which is why gap filling is usually looked at on how the market reacts on Monday. Your gap wasn't filled in 2022. The gap fill was considered failed on the day after it was formed in 2020. You don't hold a gap for 2 years and call it something to look at.

To me the gap is just the next target level to be filled. For example, if a gap forms downwards and it does not gets filled then the lower high formed under the gap will be the next target that price will gravitate towards hence invalidating the price level at the gap. The gap is then considered failed and ignored.

If a lower high is not formed and the price is still gravitating towards the gap then it is still valid and waiting to be filled. Again, the gap is nothing more than just the next price level waiting to be filled.

That is how I use the gap on every Monday morning during the Asian sessions. Most selling gaps that I trade are filled because the news that made the gap over the weekend turns out to be 'meh'. Once the gap is filled then I'd look towards liquidity pushing the price back down or a break of structure and continuing up. A strong valid news will likely to continue pushing the price down and the gap will not be filled.

GBP/JPY gap this morning of 280 pips almost filled by the time of this posting (just 3 pips short). So anyone risked the gap closing concept would have about 270 plus pips in the first 4 hours of the gap forming. Note that it has yet to close the gap after multiple attempts in the last 3 plus hour. Just shows a lot of selling interest still above the gap and continue shorting the GBP/JPY if the gap fails. That is usually how the gap concept is used on Monday mornings as I mentioned a few post back.

For BTC it's still closing lower than opening (short by USD10) on the hourly charts and making new lows. Until it closes above this morning's open on the hourly chart, there is little indication that it will chase after the gap.

Neither would Forex. There is no guarantee that a gap will be filled but the gap closing is a high probability trade used by markets that is closed on weekends. Mois brought this up on on BTC CME Futures as is it not traded on weekends and you'd see gaps formed on Mondays. Just in case you missed my previous postings, gaps are just Price Action targets to gravitate towards.

So even if you ignore the "GAP" in BTC, using Price Action, BTC will still need to close at the price above the ''GAP" before it can continue moving upwards and open opportunity for buys. If the gap fill fails, then sellers are still in control and will likely to see more downsides.

If you look at candle stick patterns, almost every candle stick has a wick or shadow above and below opening/closing price. Today's BTC day candle does not have a wick above the opening price. Therefore the opening price will be the first target (not the GAP) that BTC needs to close above before it can progress further. The question now is are there sellers all lined up above the opening price to continue pushing the price down. There is never a certainly a gap will be closed and that is why I said Gap Closing is a very short term play. After that other price action levels will takeover and the gap fill is considered failed.

The next level it needs to hit first is 67K, the sell into buy 2 days before Trump winning the election on 4th of November. That would be the level to watch before 59K and then 53K. Also 53K support level is at Sept 2024, not 2021. You don't look at that 2021 high and call that support. You look at the latest low to call for support and that would be Sept 2024 at 53K.

Trump pauses tariff on some countries for 90 days and imposes 125% on China.

He's either a damn idiot or a freaking genius. This was his plan all along. Epic market manipulation.

About 5 hours before his announcement, he posted on his Truthsocial "THIS IS A GREAT TIME TO BUY!! DJT".