Yellen, Draghi, Carney and Kuroda Ready to Rock the Market!

Mischely GomezUncategorizedLeave a Comment

We will see what happens when all these Central Bank superstars start talking at a panel discussion titled “At the heart of policy: challenges and opportunities of central bank communication” at the Central Bank Communications Conference hosted by the European Central Bank, in Frankfurt. https://www.dailyfx.com/forex/video/live_events/2017/11/14/Fundamental-Trading-Will-Yellen-Draghi-Carney-and-Kuroda-Turn-the-Boat.html  

AUD USD Continues Forming Perfect Ending Diagonal

Mischely GomezUncategorizedLeave a Comment

Chinese data was the latest thing to help the AUD USD keep forming the ending diagonal we have been watching for the 4 -8 hour. Once it is finished a complete reversal may be in the works long term but for now, short trades continue to be working out well. https://www.dailyfx.com/forex/market_alert/2017/11/14/Aussie-Dollar-Struggles-with-Follow-Through-on-Chinese-Data-Miss.html

NZD New Zealand Dollar Continues its Amazing Drop

Mischely GomezUncategorizedLeave a Comment

I have been long on the EUR NZD since last week and it is turning out beautifully. And as expected the NZD USD continues its perfect wave 5 down on the 12 hours and daily. What a surprise that the market keeps doing as expected! https://www.fxstreet.com/news/nzd-usd-hits-fresh-weekly-lows-near-06875-on-poor-china-data-dump-201711140222

Gold Drops Back Down on Tax Cut

Mischely GomezUncategorizedLeave a Comment

You may have noticed how Gold and Silver were making a nice little wave 5 on the 1 hour when all of a sudden they slipped right on back down causing a more spread in time chaotic correction. https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2017/11/08/Gold-Prices-Still-at-the-Mercy-of-US-Tax-Cut-Prospects.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:commodities

U.S. Dollar Remains in Limbo This Week With Uncertainty

Mischely GomezUncategorizedLeave a Comment

After the intense week we had last week, the dollar ended up basically doing nothing after the non farm payroll. Fortunately, we were able to detect a news spike that would reverse and know that ahead of time-based on a recognizable news reversal pattern. This week the dollar is still hanging there not moving yet. https://www.cnbc.com/2017/11/06/dollar-focuses-on-us-yield-moves-over-tax-uncertainty.html