The chart above explains.
I am sure you see what I see. The next few days is crucial. Stay awake and don't miss the GOLDEN OPPORTUNITY.
Good luck
P/S : Do not just believe what I say. Use your common sense.
I am sure you see what I see. The next few days is crucial. Stay awake and don't miss the GOLDEN OPPORTUNITY.
Good luck
P/S : Do not just believe what I say. Use your common sense.
Comment:
It seems that the latest COTR still suggests that the BIG speculators are BEARISH JPY.
It is true that the Fed controls the EFFR, changes have had an impact on the very short end of the curve. What impacts FX more is the Bond Yield and not the EFFR. And the inflection point in the yield had been reached. At this moment, it is NOT wise to assume that the DXY will drop further.
Watch out for the SUPPORT line in the above chart. A SELL is possible only AFTER SELLER is on CONTROL.
Good luck.
It is true that the Fed controls the EFFR, changes have had an impact on the very short end of the curve. What impacts FX more is the Bond Yield and not the EFFR. And the inflection point in the yield had been reached. At this moment, it is NOT wise to assume that the DXY will drop further.
Watch out for the SUPPORT line in the above chart. A SELL is possible only AFTER SELLER is on CONTROL.
Good luck.
Comment:
One BIG question to be asked is if it would go back UP to 152.000 !!!
At this point,
a) Look at the chart CLOSELY, the way I would have looked.
b) Look at the MA100 and MA200 in the 1D time frame
Comprende ?
Now look for the WHY.
At this point,
a) Look at the chart CLOSELY, the way I would have looked.
b) Look at the MA100 and MA200 in the 1D time frame
Comprende ?
Now look for the WHY.
Comment:
It seems it is going UP.
WHY ???
I know many who call themselves PRO or GURU - with 'years' of trading 'experience' still do not get it. The answer is not in the chart. The answer lies in a simple equation and a simple story.
Good luck.
WHY ???
I know many who call themselves PRO or GURU - with 'years' of trading 'experience' still do not get it. The answer is not in the chart. The answer lies in a simple equation and a simple story.
Good luck.
Comment:
147.000/148.500
Comment:
Patience is key to successful trading.
To practice it, you need to know where price will go
To know where price will go, you need to know exactly what you are doing
To know what you are doing, you need the necessary skills.
To have the necessary skills, you need
a) IQ > 125
b) objectivity
c) independent thinking - not succumbing to MSM
meaning only 1.5% to 8% of the entire population makes it
Now do you see why 80%++ lose money
You also need a bit of LUCK
Good luck.
To practice it, you need to know where price will go
To know where price will go, you need to know exactly what you are doing
To know what you are doing, you need the necessary skills.
To have the necessary skills, you need
a) IQ > 125
b) objectivity
c) independent thinking - not succumbing to MSM
meaning only 1.5% to 8% of the entire population makes it
Now do you see why 80%++ lose money
You also need a bit of LUCK
Good luck.
Comment:
It is now 145.00
147.00 is within reach.
Just be patient.
So did you guys buy @ 138.00 :)
147.00 is within reach.
Just be patient.
So did you guys buy @ 138.00 :)
Comment:
Price will soon enter the trading zone.
Good luck.
Good luck.
Comment:
Anyway, while you are still thinking, it has move UP about 150pip from the 'D" @ 137.26 which is also the 50%.
I know what is holding you back - you must be thinking the DROPPING yield / inflation would make the DOLLAR fall further.
I just wish I can tell you more :)
Good luck.