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. […]
U.S. Dollar Remains in Limbo This Week With Uncertainty Read More »
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?
FOMC and Non Farm are Critical Points this Week Read More »
It has nothing to do with BOJ lowering CPI call but it sounds good. https://www.dailyfx.com/forex/market_alert/2017/10/31/Japanese-Yen-Slips-As-BOJ-Sticks-With-Settings-Lowers-CPI-Call.html?DFXfeeds=forex:market_alert
I Have Been Short on EUR JPY Since Last Week and No Exit Yet 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
Charts and Fundamental Show Something is About to Happen on Yen Pairs Read More »
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
Financial Firms Score Victory in Senate Stopping Customers From Class Action Lawsuits Read More »
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
OMG! Don’t Forget the Japanese Elections Are Happening This Weekend. Read More »
A major milestone was passed as the Senate finally passed a budget. Eventually, this might lead to the tax reform that Republicans are planning later this year. https://www.cnbc.com/2017/10/19/senate-passes-a-budget-moving-the-gop-closer-to-tax-reform.html
U.S. Might Actually Have a Budget and Tax Reform…Someday. Read More »
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
Draghi Speaks and Euro Moves. Read More »
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
Excellent and Easily Identifiable Short on GBP Yesterday Will Go Down More Today Read More »
I don’t understand what they are talking about especially when they say the EU is preparing for post-Brexit trade negotiations while refusing to discuss it with the British government. What the hell does that mean? But I do see a major reversal on the GBP today. http://www.bbc.com/news/uk-politics-41604675
Pound Reverses and Skyrockets on EU Brexit Talks Read More »
