Tax Bill Delayed Again in Senate

Mischely GomezUncategorized0 Comments

The New York session saw an excellent and clear entry for a short on USD CHF we had anticipated for several days. The long entry on the EUR USD was unmistakable and easily identifiable exactly at the point where it turned. https://www.reuters.com/article/us-usa-tax/senate-tax-bill-stalls-on-deficit-focused-trigger-idUSKBN1DU1DS?feedType=RSS&feedName=topNews

Bitcoin Bubble is the Much Larger Than The Most Extreme in History

Mischely GomezUncategorized0 Comments

A bubble is when irrational enthusiasm for an equity exceeds the actual value sometimes continuing to rise in price long after the actual value should be in decline. The artificially created limited supply is currently maintaining a social sentiment that Bitcoin’s value will always increase. The idea that it will continue to increase in value as I have always said … Read More

Japanese Yen Is Not My Current Favorite Currency.

Mischely GomezUncategorized0 Comments

The Japanese Yen does not respond to scheduled news events but reacts mostly to risk on and risk off social mood sentiment driven by latest news and speculation about conflicts with North Korea, etc. These moves come in short erratic bursts while the rest of the time the Yen pairs move based on their respective counter currencies. https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2017/11/22/Japanese-Yen-Technical-Analysis-Watch-For-That-Second-Shoulder.html

AUD Pattern Suggest Further Move Up Today.

Mischely GomezUncategorized0 Comments

Although the AUD pairs have not responded much to news they did make what is known as an end of 3 turning point on the 4 – 8 hour. Be sure to follow the “road map” for some further move up, completion of a correction and then another turndown none of which are major moves. https://www.dailyfx.com/forex/market_alert/2017/11/22/Australian-Dollar-Unimpressed-by-Record-Construction-Output-Rise.html