Hello D H T
Man the EUR/YEN Beast been running a riot tonight.
Hope we get a retrace soon:nerd:
Man the EUR/YEN Beast been running a riot tonight.
Hope we get a retrace soon:nerd:
EurAnalysis Kindergarten 24 replies
DislikedHello D H T Man the EUR/YEN Beast been running a riot tonight. Hope we get a retrace soon:nerd:Ignored
DislikedHello D H T Man the EUR/YEN Beast been running a riot tonight. Hope we get a retrace soon:nerd:Ignored
Disliked{quote} hi Elite and friends, EJ is now at a major high but not done yet... I've got 134.50 as a target but this wave could easily go beyond. Have a look at the 1-2 base built since the 14th. Now in wave 3 and more upside to come. If this instrument wasn't so maxed out to the upside I'd have longed it since June, yet somehow it keeps pushing higher. The fact that BoJ clearly are adding Yen to the money base by the minute doesn't help... reminds me of the Dow or S&P that make 5 clear waves up then pull back a little to get some indicator room and...Ignored
DislikedHeads up stan druckenmiller about to come on cnbc now, worth paying attention to his comments on fed actions....Ignored
Disliked{quote} I used to have a good account balance before I got involved with these Yen pairs... now it's all revenge trading which doesn't promote profits either... time to head west....Ignored
Disliked{quote} hi Elite and friends, EJ is now at a major high but not done yet... I've got 134.50 as a target but this wave could easily go beyond. Have a look at the 1-2 base built since the 14th. Now in wave 3 and more upside to come. If this instrument wasn't so maxed out to the upside I'd have longed it since June, yet somehow it keeps pushing higher. The fact that BoJ clearly are adding Yen to the money base by the minute doesn't help... reminds me of the Dow or S&P that make 5 clear waves up then pull back a little to get some indicator room and...Ignored
Disliked{quote} TP, i think so too. I now scalp XAU and XAG for a living. And one pro-trend position: long GUIgnored
Disliked{quote} hold on... that's not a 1-2 base in EJ... that's A-B and the wave up is C.... EJ may be done for now. Confirmation will be dropping below the TL connecting the last two minor tops currently around 133.85 Doing that would initiate an insightful correction. Failure to do that means continuation.Ignored
Disliked{quote} Just wanna chime in here with a couple of points to add to your excellent analysis, and add a little more color on some of your points " Without QE the 10 year rates would be hovering between 4 and 6%" - the fed has tried extremely hard to keep a lid on the interest rates bu deploying a zero interest rate policy, but if one looks back through history, it is plain to see, that the fed exercises almost zero influence on far end of the yield curve (7+ years)... I expect that with Bens recent actions, the yield curve will start to steepen...Ignored
Disliked{quote} The bearish engulfing followed by an inverted hammer. Aldo fundamental considerations.Ignored