PipMiesterStronger

PipMiesterStronger Updated 

Money floods against the Grain. NZD JPY, CAD JPY, and AUD JPY's could all drop at any moment now. My Strategy is basically a basket trade shorting /JPY pairs while they are in larger time frame downward trends; while referencing other charts that are strongly correlated. AUD CAD, GBP JPY, are positively correlated to the AUD JPY at about 81% and 92%...

PipMiesterStronger

If I could draw your attention to what price did in my circled area Oct 20-Nov 1. We can see that Price was missing its support after the drastic fall and that there was enough Short sentiment to make sure that it got there before taking off again. I believe that we are in the same situation once again. It may retrace up and find its inner resistance first, or...