Oil Finally Pokes Through Critical Resistance and Climbing

Mischely GomezUncategorizedLeave a Comment

Now that oil has broken important resistance to make new recent highs the pattern emerging is definitely an uptrend on the daily and weekly but still a correction on the monthly in case we forget. https://www.dailyfx.com/forex/video/live_events/2017/11/07/US-Oil-Secures-Breakout-but-Where-Will-it-Generate-Follow-Through.html?DFXfeeds=forex:video:live_events

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

FOMC and Non Farm are Critical Points this Week

Mischely GomezUncategorizedLeave a Comment

Listen to what John Kicklighter has to say about what is going on this week. But when it comes time to trade observe the pattern on the chart and you will see the trade clearly. I am expecting excellent trading results for these 2 events. https://www.dailyfx.com/forex/video/daily_news_report/2017/10/31/Political-Concerns-Further-Cools-SPX-Run-Fed-Drumbeat-Raises-Dollars-Profile.html?

Charts and Fundamental Show Something is About to Happen on Yen Pairs

Mischely GomezUncategorizedLeave a Comment

Yesterday we identified a turning point that could happen within the next couple of days on the USD JPY, EUR JPY, and other Yen pairs. Today I see that fundamental analysis after the Japanese election agrees with what can easily be seen on the charts. https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2017/10/25/Japanese-Yen-Technical-Analysis-USDJPY-At-Crucial-Juncture.html?DFXfeeds=forex:technical:article:fx_technical_weekly

Financial Firms Score Victory in Senate Stopping Customers From Class Action Lawsuits

Mischely GomezUncategorizedLeave a Comment

As with any issue these days, the result of this victory can be seen from multiple points of view. The lazy and self-entitled victims will cry because they cannot join in class action lawsuits against financial firms. This could help influence more people to adopt the mindset of success which is to be the cause of your own results rather … Read More

OMG! Don’t Forget the Japanese Elections Are Happening This Weekend.

Mischely GomezUncategorizedLeave a Comment

This week we had a super powerful move after a breakthrough with the New Zealand election. Apparently, the Kiwis really don’t think Jacinda Alert is good for the economy. Who knows what could happen with the Japanese Election? https://www.dailyfx.com/forex/market_alert/2017/10/20/DailyFX-Asia-AM-Digest-Japanese-Yen-Stable-Ahead-of-Weekend-Elections.html

Draghi Speaks and Euro Moves.

Mischely GomezUncategorizedLeave a Comment

No doubt about it Draghi speaking can move the market. Sometimes it might help to hear what these economic dudes have to say but usually, the charts will form a clear picture for those who can see. https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2017/10/18/Euro-May-Rise-as-Draghi-Speaks-US-Dollar-Eyes-Fed-Beige-Book.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:euro_open

Excellent and Easily Identifiable Short on GBP Yesterday Will Go Down More Today

Mischely GomezUncategorizedLeave a Comment

As usual, we identified a short on several GBP pairs yesterday and entered before the news. Coming back later at the New York session it was pleasing to see a nice move down. Now that the market is going sideways it is easy to see it will go down again. Nothing to do with what this guy is saying. https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2017/10/17/Stagnant-UK-Household-Earnings-to-Fuel-GBPUSD-Weakness.html