In my much improved price charts reading, which I dubbed NEO-PA, ;) I would do less talking and less publications of different charts. I intend to do more updates to same charts, and also do live calls in @nmike's chatroom- https://www.tradingview.com/chat/#huufTEomwseDbwhZ
It is important for me to underscore here that, I do not inculcate News/Fundamental reasonings into my , as I am not good at that exercise.
I also do not use any other indicator, apart from 20EMA(which I can do w/o, anyway ;) )
My analysis and calls are purely based on price action bar by bar analysis, based off the outcome of my obsession and immersion into charts over 8years of trading.
How can I finish off w/o saying this...........
I want to mention also that, I have borrowed one or two ideas from @timwest and @IvanLabrie , @jangseohee and @nmike and @Alexander_Nikitin .
I definitely cannot exhaust the list of people I have picked one or two great ideas from.
Thanks to everyone that taught me a thing or two
Im currently doing trading, full time for a living. And would like you to share in my private funds managment. If you have capital of not less than $50 000USD.
You can send me a mail to firstname.lastname@example.org or PM me for a discussion today!
A MONTH AGO.....
SMA(Sell Mode Activated )
Indeed, the bulls had job to do, and they failed misserably!
Trade well managed = good cash!
I'm doing it here
Pls manage the trade as per ur style.
I often get out unhurt , small loss, small gain, or HUUUUGE WIN! ^_^
Step in for crispy fresh calls. Updates here come so late so step in the room now!
When you find yourself in the room, simply shout, "I'm naked! "
That's the greetings. ^_^
Here's the link again
Applying reasoning i would expect for indices to start falling if USDJPY is a short trade. but interestingly enough world indices still very bullish. which makes this a divergence from the reality behind this pair.
I am long USDJPY as stated a while ago. Britexit is not going to happen and Europe is not going to collapse and USD interest rates will no doubt go up as the economy is recovering quiet well.
You always have to read in-between the lines in this industry and being a skeptic helps.