Aeleister

Aeleister

EURUSD has been struggling for quite some time (along with most USD pairs) but it's looking like it's finally making a jail break. This is the weekly TF so, this will take quite some time to play out but there is also a double bottom on the daily and the very beginnings of some negative fundamentals starting to appear for the US economy. I'll be trading this...

Aeleister

GBPAUD appears to have broken out, pulled back and is headed back up. It could be headed back up to the beginning of the trend formation. Fibs from the original impulse verify my thought. This could take a while to really play out, but I think I'm going to give it a shot. Let me know what you think. I'm learning, so let me know what I did right or wrong.

Aeleister

I'm probably stating the obvious, but the S&P looks poised for a big drop very soon. Combined with some of the leading, fundamental indicators like RV sales, home sales, etc. and the global economy slowing down, I think we're seeing the very beginning of a very large bear market, company valuations are also overly inflated if you ask me and there doesn't seem to...