2019

Those of us who trade gold daily has learned to notice that the market responds to a never-ending cycle of “risk-on” and “risk-off”. A sharp decline of Yen pairs with the Yen as the second currency such as the EUR JPY shows risk-off sentiment news must have hit the media for the time being. A […]

There is no question I see a top forming for the U.S. dollar but today it is still going. The key to seeing the final end will be shown today in our live trading session. On another note trading, the Aussie rate cut worked like clockwork according to plan as the market formed a reversal

It’s no secret that the U.S. cannot function without having access to Toyota, Nissan, Honda cars. And almost every photocopy machine is made in Japan. All televisions are made there and if the U.S. does not have a trade agreement with Japan, guess what? Americans can’t watch TV! So yes, we need that done quickly

Most traders are not focused on mastering the necessary techniques for eliminating subconscious blocks and getting the results they want. In fact, most traders believe this has nothing to do with their results. Interestingly, most traders never achieve any degree of mastery even after years of study and practice. Among traders who DO get excellent

If we are to believe the news media fed to us, there was a drone attack on one of Saudi Arabia’s major refineries presumably by the fabricated scapegoat of the day, Iran. All it takes is a simple implanting of this news with no real effect on the actual global supply to cause the price

As you know gold can be a bit volatile and sometimes unpredictable.   But with one ear on the news and both eyes on the charts you will identify critical turning points using our unique method. Read more here https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2019/09/10/Gold-Prices-May-Bounce-as-Markets-Eye-ECB-Meeting-US-CPI-Data.html

This sounds like good news and we may see the effects on the charts already. China and the United States agreed to hold high-level trade talks in Washington this October and possible new progress could happen at that time to ease the tensions brought on by warring tariffs. Read more here https://www.reuters.com/article/us-usa-trade-china/china-u-s-to-hold-trade-talks-in-october-china-commerce-ministry-idUSKCN1VQ061?feedType=RSS&feedName=topNews

More fear of tariffs keep the stock market in uncertainty regarding the long term direction but so far, nothing is poised to stop the bigger downtrend already in process. Read more here https://www.reuters.com/article/us-global-markets/stocks-slip-on-tariffs-argentina-hit-by-capital-controls-idUSKCN1VM1PJ?feedType=RSS&feedName=topNews

China may feel consequences of the trade war but their natural strategy is likely to be waiting it out and focusing on its own economy which is largely driven by consumers. Read more here https://www.cnbc.com/2019/08/30/chinas-consumption-more-crucial-to-its-economy-than-trade-exports.html

The stock market continues drawing a picture of a downtrend which may be a correction to an uptrend in the ultimate cosmic cycle but for the near term there is no sign of a genuine continuation of the uptrend. Read more here https://www.reuters.com/article/us-usa-stocks/wall-street-dips-as-financials-weigh-trade-hopes-dim-idUSKCN1VH1C4?feedType=RSS&feedName=topNews