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
Trump finally announced what seemed to be a done deal already this week. Powell will be the new Fed Chairman. Although Yellen was not exactly the goddess of economics, I will miss her pleasant disposition and more or less friendly face. This guy’s face looks like he will be the one to steer the Fed into collapse just from the … Read More
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
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
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?
Today’s guest, JoreJj Elprehzleinn, is a fascinating and unique person who is a sought after Success Consultant and well known personal development author who is using his transformation skills to become a master of trading the Forex market. He is the author of the course, Life Transformation System A-Z, and has helped many clients overcome their limitations in life and especially … Read More
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
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