Good Possibility holding a short @0.7540 and shorting again @0.7501 tp@0.734 range for daily support . If wrong ill break even SL@0.752 but if right then nice gain on the Short. Usd has been strong so looking to short everything against usd which makes me think the Bears will break Support and become Resistance . Trading support & resistance would make u want to Go long but i dont think it will respect also with EMA Crossover to support my Prediction . If wrong and break even i will be looking to Go Long targer 0.755 levels and 0.761
WAR
USDJPY Between 200MAs and a broken channel April 17-21OANDA:USDJPY just had a breakdown not only breaking the weekly 200MA but also the lower support channel but nothing goes in one direction in the markets so I expect a pullback before another move downwards.
The price is currently between the daily and weekly 200MA so I expect sideways action with a slight bullish bias in the short term. It will be
Daily Fibonacci:
OANDA:USDJPY bounced right at the 50% mark at 108.11 so bulls should have a relief bounce for a few days.
4H Timeframe view:
Unless news or events comes that will cause the risk off to end or strengthen the dollar I expect consolidation between the daily 200MA support and the broken lower channel that should act as resistance. Its also possible that there might be a spike upwards till the weekly 200MA but I dont expect it to break as there should be a lot of overhead resistance on that area.
I still expect OANDA:USDJPY in the long term especially with its correlations have broken their respective supports reinforcing the trend.
Nikkei Daily:
US 10-Year Daily:
Entry: 109.4-110
Stop: 110.6
Profit: 101-103
Any feedbacks are appreciated!
Dash-ing through the showALL EYES ON POSSIBLE SHTF SCENARIO *IF* NORTH KOREA TESTS NUKE SAT APRIL 15
Global Stock markets might crash 3-10% Monday 4/17 *But money could flow in to Bitcoin, which would mean Alts would dump. GLUED to screen, news. Whew.
More like dashing through the shit show. I hate war.
Peace to all.
EURUSD Riding the Trump BounceOANDA:EURUSD bounced off the lower channel with the help of Trump showing a nice reversal to the upside.
Daily Timeframe View:
The channel is still intact so the upper channel trendline is the next logical target from here. OANDA:EURUSD is also currently above the daily 50MA and the 4H 200MA so it might consolidate and even provide support before the next run up.
Entry: 1.06619
Stop: 1.0645
Profit: (tg1) 1.0840 (tg2) 1.092
Any feedbacks are appreciated!
TRUMP Victory-Calling all Hedge Funds - LMT to the Moon-FusionThis is mostly technical analysis based on projected world events.
LMT is a great company period. When it comes to business, if APPL was run like LMT, APPL would be much better than what it is today.
Why?
1) World conflict will intensify - and be dragged on.
2) Fusion reactor will be deploy-able around the continental US in 2020 ( thu this is a rough prediction as GT can not pinpoint the exact date just yet, the date will be a business model driven decision - 80%)
Lockheed Martin is run like a well built machine, aside N. Fusion this company is developing A.I. that is not just impressive, but,.... . And other units are a prime example(like its biological) of how well this company is doing.
TRUMP will increase spending with this corporation.
To the moon Alice!
USDRUBNow the Russian ruble is going through the phase of calm, but not for long because it is the calm before the storm of the ruble to fall to 100 rubles / 1 USD . This situation is now displayed on the border of Ukraine and Russia ,, and bryazkanem weapon for creating screens and justification of the cost of war and armament
When predicting micro moves, remember the tide matters... Saudi Arabia controls the price of oil. Once you understand that, all technicals need to include variables for real world political manipulation of the worlds most important commodity. .... "Church of Krümel"
Back in the day, there was a King, he turned off the blood supply to the industrial world. The world went into chaos, wars started... wars stopped. In the end the world found that one country... No, one man controls the affordable supply of the earths most important commodity .
Agree or not with anyone's politics, technical reads, or overall forecasts... My approach is to start with the above in mind.
Until we have a new king or new war, I see no reason to buy oil. Micro channel guys will laugh.. So much money to be made in the foam. This is true, though they may spend more time stressed that their finger is faster than a sword. I just invite those to know there are other ways to skin this cat.. Ways that allow for thought and time to walk outside. Charting has been around a long time. The tools are better.. but not always the results..
Game theory, Market prediction, Obama State of the Union & WarFor some reason tradingview published my idea as private. Here's the link the details on game theory prediction as to this coming year.
The food crisis prediction has been long in the making, and has been foreseen for 2016-2017 three years ago.
Looking for market data access with 1 second resolution or less, willing to share.
link to: Has P. Obama signaled Market Top with State of the Union speech?
APACHE! WAR ON OUR ENEMIES?!$$$$$$$$On the weekly chart of APA (apache) the ichimoku cloud gave a medium strength t.k. cross over to the long side, how ever if the close of this week is above 94.84 (11/18/2013) this looks to continue to the upside for some time.
The Chikou Span is above the high of 94.84 (11/18/2013)
Also note that senkou span a and b are sharply rising ( the cloud)
both the tenkan san and the kijun sen are all rising.