If we can hold 118.200 on EURJPY I will be entering a long on Monday night. Stops and targets are on the chart. I think that the EURO is likely to gain strength, as Europe is getting inflation. This long will work as an investment, and not a swing- or daytrade. Happy trading out there!
OANDA:XAUUSD looks like it got rejected once again by the Wall of Trump resistance and needs one more pullback in my opinion 4H Timeframe View: It broke below the 20MA/50MA and looks like a hammer was formed which indicates a possible top formation Short: 1249.240 Stop: 1254 Target 1: 1234 The 200MA at the 4H Timeframe might provide decent support so I...
OANDA:USDJPY looks like its bouncing back up after a severe downmove forming a nice channel. 4H Timeframe View: It was able to pullback and even retest the 20MA in the 4H timeframe so it will be great if it touches the 50MA(yellow line) and hold above it for a confirmation of the short term uptrend. Long: 111.342 Stop: 111 It might still pullback to test...
OANDA:XAUUSD has broken out of the downtrend after the 1260 rejection and with hourly timeframe moving averages confirming the trend change. Bulls are still in the game and it looks like it will have another try against the Wall of Trump resistance. No big positions as of yet as I expected a pullback that didn't materialize and it consolidated for 2 days...
Inflation and business activity is picking up. So it looks like EUR is ready to RISE. What to sell short against euro is up to you. I prefer USD, GBP, JPY.
CHARTDESCRIPTION If the (ETF) AEX will break this level i only prefer to go long if the RSI, MACDI,(Slow) Stochastic and Bollinger Bands will give me a positive signal. I'm on this moment concernd about the level we have reached, because there are many signs that the current stockmarkets are overvalued (for example the new ticker SNAPCHAT wich is to much...
Textbook consolidation as we wait for more signals from the FOMC. Fed futures showing no hike in March but two hikes by December, expect another leg up once subsequent meetings start pricing in. Good time to scale in.
DOWI has made all time highs today, yesterday, a week ago. We are gapping, gapping and gapping. We are overbougt right now. Every single larger economy is pumbing money out in their nations, with very low interestrates. Some places you even get money for renting money. The inflation is not as high as is the last financial crisis. The bullmarket has begun, and it's...
This is an update to my posts from months ago...looks like intermediate 4 has taken the shape of a triangle resulting in the final burst in intermediate 5 of primary C Circle's .618 retracement...once this occurs it appears USD inflation will kick in with EUR deflation driving the dollar value relative to EUR down in Intermediate 1 of Primary 3...should be a...
Hi traders, We got a nice piece of data on US economy so lets discuss it. At first, Q4 GDP and Confidence data topped estimates.That’s a great news because America should meet Trump strong to let undergo his adventures :). Breaking down GDP by the components, exports fell... Read more: brokerarena.com
The "Great Leap Forward" movement idea is inspired by the "Great Culture Revolution" from 1960's to 1970's in our history. "Let's play the GAME." - Victor.Y.F play 0, commodities above zero, a trial play for free. Lol... play 1, stocks under zero. play 2, commodities under zero. play 3, inflations under zero. advanced play 4, the boss fighting DXY and EURUSD....
I believe inflation is about to rip through the EU and push yields higher, breathing new life into the banking sector. For more information please read: klendathucapitalist.com
Can we expect more decline from this point? I believe so and here is why: Since it reached all time high, USDTRY was unable to continue that trend and started making lower lows if you look at the 1h graph. First real decrease happened in the previous few days and 61.8% retrace was completed with the pair unable to continue higher. RSI bearish, MACD pointing...
We are about to transition from a risk-ON inflationary environment to a risk-OFF inflationary environment. That means bond yields might fall even though inflation is rising. The US has been a huge beneficiary of the risk-ON move and as a result should see outflows. That means lower equities, and a weaker dollar. Given a falling dollar, rising inflation, and...
I am looking to position myself for positive gold moves, and inflation threads. I belive this way FX_IDC:ZARJPY we can get very good reward and less risk than trading directly gold or silver. Investors are not fully discounting this instrument as there are political problems in Africa.
Pretty self explanatory, shaded areas are where I think price will turn, based on unfilled orders existing right outside those candles. I'm particularly convinced by Jim Rickards(youtu.be), who argues that gold will go through a severe re-pricing whenever the relentless expansion of central bank balance sheets overwhelms the low-yield, deflation-biased economy...
We have an interesting pattern, going back to the 1996 elections. I overlay the one year inflation adjusted returns of the dollar, S&P500, gold and 30 year treasury yields. I see some paralells regarding price action, and would be interesting to see if we get a similar situation going forward. This is just an observation and what I think is likely to happen based...