Deep-Peat-Shark

Deep-Peat-Shark

Back in November I said it would be a total drop of 10% in 4 to 8 weeks. The total of 10% would accumulate over een series of drops, 50 to 100 pips each. That same week exactly as expected the price made a beautiful example of a drop. A week later a rally pushed the price further up than the price before. That was a disappointment, even more because of the...

Deep-Peat-Shark Updated 

Using indicators is a gamble and each indicator has a success rate. For example, Resistance and Support have the best success rate because of their large support from the traders society and that's also why they are quite reliable. Like wth all indicators, traders place orders around the indicator's levels and therefor create and maintain them. Every indicator and...

Deep-Peat-Shark

We all know the tricks of financial institutions and rely on our government to oversea fair trade with these companies. Unfortunately as retail Forex trader we are not a well protected as we are as customer of a bank in our country. Because of sovereignty issues the Inter-Bank network that connects all banks the world and exchanges Forex transactions is not...

Deep-Peat-Shark Updated 

Possible targets for major pairs to be reached within the next few hours.

Deep-Peat-Shark Updated 

Earlier I posted my report on what looks like as stophunt exercise. At Dec 21, 8am UTC I noticed the first serious drop of USDJPY starting from 113.6, what could be a similar drop signal as we signalled on Nov 30 and Dec 8 UTC. And because the timing and expectation of traders is about the same I am a bit weary that this might be another stophunt exercise....

Deep-Peat-Shark Updated 

While I am writing this market forces cause EURJPY to change direction a few times on December 11, 2017 roughly at 6am UTC. I predict that it will come out of this mini event and continue to rally to 135. In the meantime other major pairs may be stalling, moving slightly, or change direction. If they move, it looks like a stone slinger being used, that's why I...

Deep-Peat-Shark Updated 

Revised projections, if we are going down, we might actually go all the way to 75 or lower.

Deep-Peat-Shark

After seeing increasing selling power on CHFJPY early November I researched the source and discovered that all major currencies were working something out, similar to one year before. Quite quickly it became clear that a similar series of event would take place in the next 4 to 8 weeks. The currency pair USDJPY seems to be leading the series of events by...

Deep-Peat-Shark

The pattern on the left where the price goes down and then rises higher has been see on December 1 at 1.30pm UTC. Then it was pre-embling a fall of 24 hours later. There was a pause which didn't mean anything back then but now I suspect this may be where the fall is this time. We will not have to wait 24 hours. When it falls. most likely it will hold position on...

Deep-Peat-Shark Updated 

Bailing today could be a classic beginners mistake. I previously estimated that it would go back up to 112.75 after the 1st of December failure to hold the new level it dropped to. We are now at 113.25, which is 50 pips away. This difference should have kicked out all traders with stop losses around 112.75. Next is to wait for a confirmation of a new drop for...

Deep-Peat-Shark Updated 

Poor GBP needs to recover to where it came from on Monday. Trump has a quiet week anyway. The media keeps him busy... Some technicals line up here as well. Go GBP Go!

Deep-Peat-Shark

Looks like it's not breaking the descending triangle. Get ready for a reversal!

Deep-Peat-Shark

Looking for a relationship between earnings and price rallies I have added trend angles and earnings surprises at each announcement. The trend angle is placed from the price low price before the announcement towards the lowest price within the following month. The earnings surprise is printed in small print and the difference with the previous month in large print...