Here is the same chart again with fibs applied...
With a dollar by signal, Iam short the pound again: s3.amazonaws.com s3.amazonaws.com s3.amazonaws.com
I'm in a rush.. here is the mini crown I enterd
I've been long the dollar, but I haven't posted a chart on the dollar I think. I am about to clear this chart out for the week and thought I posted my final post before it hits the target. There is a potential that it will fail and I have already posted reasons why in my USDJPY articles this week. Here are a number of economic reports that I am looking to...
I entered long on CADJPY technically because it is at weekly support, and because I have a positive speculation for the BOJ. It can fluctuation 200-300 pips, depending on what the BOJ says.
Fundamentally: *Both gold and oil can fall down, and both oil and gold can go up. Which one will move faster than the other in the same direction? looking at a pair chart of AUD/CAD will never tell you whether or not gold or oil is going up or down!!! They both can be falling down, but AUD the Australian Dollar will LOOK like it is strong, but it is not. ...
It was a hard choice to take a short position in GBPUSD at 1.32260 and 1.3215 (see link below) because the technical conflicted each other for me. I predicted that GBP data would come ot positive and it did a few weeks ago for a small target (like 20 pips)...but then I predicted that the NEXT DAY would be really bag data. And, it was! Predicting UK data has been...
Volume Analysis on USDJPY : For fundamental analysis on this pair, see my link below. Don't worry, I don't sell signals on Tradingview like the those young, college, IVY league, Wall Street wanna-bes that never actually put $50,000 of their own capital on the line. For me, Tradingview is for community and fun and making new friends. I am a trader, full time. ...
Ok, so I've been long the dollar for a while and it has been paying off well. I want to post economic-fundamental trades because it is an intelligent way to trade, albeit slow and steady. Here is what I want to see going into the Japanese monetary policy statement on September 20th. I am taking the Bank of Japan's approach and getting inside their head. I...
From now on, I will start only posting trades that align with economic-fundamental analysis. The reason why is that I like aligning myself with the power of big trends and big powers, it is lower risk, and the odds often move in my favor when I focus on global economic themes. Trading with chart-wizardry often leads to losses. I've seen people here SHORT...
Decided to make this short trade before the data release... I don't have high confidence in this one as it is not the ideal trade that I normally take.
Retail sales will be crappy tomorrow.... pin that up against the dollar. Of course, the chart is the past data. Dollar will rise this quarter.
Another Crown set-up forming... I've got lomit orders below in the buy zone....
This is a UK (GBP): CPI and PPI Prediction (September 12, 2016): My economic-fundamental predictions for the UK CPI and PPI coming up are bullish. So, I am looking to buy the GBP for at least 20 pips or more, what ever show up on the charts. It could unfold into something greater. I don't know, but guess what? If you are LONG GBP from the bottom, then you can...
GBPCHF: Please check my prediction.. I am going to sleep...before I start messing up. goodnight...
I will address the UK Claimant Count and UK Retail sales. Now, retail sales look bad (Consumer Confidence was terrible (www.tradingeconomics.com ... hey let's go shopping...no way!) but that is for Thursday. For Wednesday, there is the Claimant Count, and that looks AWESOME , according to my predictions. I am going to look at the job market in the UK. Check...