Ok price is now at the area that will likely hold it for quite some time. It did before and there is no reason to believe that it won't again. Don''t expect a fast move down but this is the area that you want to see clearly as a short a…
Well if you paid attention to my Dollar long scenario these past two to three weeks you finally got rewarded nicely this week. Don't think that this is an all of a sudden change in policy that reversed the markets as this was baked into price a…
I think that this question is one that bears some exploration as it seems the bears are out in full force these days expecting that all hell will break loose at some point in the next year or two and in some cases starting right now. They may have …
One look at the chart that I have posted below looks more like a "run like hell" price action than a trade oriented day plan. I don't blame you for feeling that way as that is what it looks like to me too. You can see no clear directi…
I am not looking for anything major yet in any commodities or currencies to say the least. So far my prediction has been relatively accurate with the Dollar continuing to rise. It will continue to rise likely through the new year with the Fed likel…
What I find out there is there is a number of trade rooms all promising that you will be profitable with them if ONLY you ante up some cash to start. Most of them as you know are not worth anything. They will not only harm your trading but they wil…
Once again we hear the market cheerleaders beginning their chant about an imminent crash coming. The crescendo usually gets louder and louder until they realize that their timing was off once again and they go back to targeting another area. It is …
I normally do not use other people's forecasts at all but in this case I think this Elliot Wave Fellow does as good a job as anyone. The link is here and you can read it yourself.
https://ew-forecast.com/newsletter/sep_29_2017_is_usdcnh_signals…
Will the shooting yesterday in Vegas impact the markets in any way?
In a word No.
This is what I have been talking about in why we are headed to war in some capacity. It has nothing more to do with other than the unraveling of societal fabric. Ther…
You can see from the chart below that it is possible to hit the right trades. You can do this consistently if you take the time to learn how to read a chart. Not in the way in which you think or likely have been taught by the so called specialists …
