The week in FX and Crypto: September 9, 2025

Real-World Trading Insight. No Hype, Just Edge.

In This Issue:

  • When timeframes disagree but levels still work

  • This week's precise calls and how they played out

  • BTC case study: Trading mixed signals tactically

  • Key levels for the week ahead

  • Subscriber Poll: Share your ideas for future issues!

Mixed signals all week, but the flagged levels held. GBP/AUD dropped straight-line to 2.0486 exactly, BTC resistance worked at 113,392, GBP/USD delivered the called 1% bounce. 3,300+ points total

GBPAUD

 Last Week's Flagged Levels

GBP/AUD 2.0486: +164 points
Hit support exactly, bounced straight back to 2.0650 in one day

BTC 113,392 resistance: +3,000 points
Topped just below called resistance level, then dropped to 110,300

GBP/USD 1.3419: +136 points
Called 0.75-1% bounce from oversold conditions, delivered exactly 1.01%

Total: 3,300+ points from flagged levels despite mixed timeframe signals

Note: These measure market reactions from flagged levels, not trading results. Implementation varies by individual approach.

When Timeframes Disagree: BTC

BTC gave conflicting signals this week:

  • 4-hour: Near overbought

  • Daily: Momentum pointing up and moving from oversold

When timeframes disagree like this, price usually goes sideways. Directional strategies don't work as well compared to range-based setups.

My approach: focus on the levels instead of trying to pick a direction. Don't force trades when signals conflict - wait for price to reach your key zones. Had resistance flagged at 113,392 - that's what mattered, not which timeframe was "right."

BTC stalled just shy of that 38% Fibonacci retracement level. From there, it dropped more than 3,000 points.

 The Week Ahead

Key levels I'm watching - focus on price action at these zones when timeframes send mixed messages:

BTC: Range-bound between 109,500/110k support and 115k resistance. No new highs or lows expected - trade tactically within the range.

ETH: Bullish hidden divergence setup - higher price low with same/lower momentum low signals trend continuation. Look for strong bounce from current levels. Resistance at weekly high 4500 area, then upper Bollinger Band 4800, then 4955 high.

ETH-Hidden Divergence

USD Index: Sold off on jobs data but still within broader range with volatility at lows. No breakout yet despite obvious fundamental catalyst. Trade tactical reactions at range boundaries rather than chasing the obvious "bad data = sell USD" narrative.

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MERIDIAN COMPASS • Institutional Intelligence

Meridian Compass is brought to you by Mark Schaefer, a quantitative portfolio manager with over 30 years experience developing and trading systematic strategies in global futures and FX at major banks and hedge funds.

IMPORTANT DISCLAIMER

This newsletter is for educational purposes only and does not constitute investment advice, trading recommendations, or solicitation to buy or sell any financial instruments. All content represents the author's personal opinions and experiences and should not be construed as professional financial advice.
Trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. All trading examples and performance figures are for illustrative purposes only and may not reflect typical results.
The author may hold positions in currencies discussed in this newsletter. Readers should conduct their own research and consult with qualified financial advisors before making any investment decisions.
By reading this newsletter, you acknowledge that you understand these risks and agree that the author and Meridian Compass are not liable for any trading losses or damages that may result from using this information.