We have had a nice retracement on this cross. Even if this wants to go north it needs to square up first which should meand one more run to the bottom. The .500 fibo of the last run is at .05756 which could get hit again. There...
Read MoreWE have broken the Bear Flag on the 60 and also on the 10 min. There is significant support at the 1.3200 area which is also the S5. IF we can break that – look for a move down to the 1.3000...
Read MoreWE have had a great run down on our Royal Flush Setup as the pair broke this AM. If you are in this trade you should tighten stops since we are at the 240 Moving average and have hit the Previous support are on the 60 min....
Read MoreEURJPY – ALWAYS MY PREFERRED TRADE!!!!! WHAT I SEE: 2 charts to look at below. 1) There is still a gap that has not been filled on the day chart. Might try and do this this week. WE have a break of the Ascending wedge with...
Read MoreWe have a falling wedge forming on the USDJPY and we have hit the top that occured on 11/03/08. This is a great place to fall EXPECIALLY on a non Farm Payroll day that did nothing and a typical squaring day for traders. Will see...
Read MoreIf we can get this break will be a nice slide south Click to enlarge
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