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To suggest such a scenario means that you are expecting a major dollar reversal and in essence, a sharp stock market correction. Whilst I do believe a dollar correction is due and is practically imminent, a wave 3 move on the Aussie Dollar is ...

Can you stop it already? You already know the truth isn't allowed here.

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Follow what they do. Not what they say....

Here's some advice - don't use the wave principle to forecast price movements unless you understand the wave principle to it's full extent. You will make yourself look stupid towards good traders.

Your best bet in understanding where the pound or the FTSE is going is by watching the UK Bond Market. No one ever looks there but it's good to understand if you want a gauge on the economy. url

Read this comment to yourself... does it even make sense to you?

The best way to look the Gold correction is too look at Gold from when it formed a low in 2016 and began the 'bear market rally' which has only just peaked 2 weeks ago. I think we'll see between $800 per ounce or quite possibly $650 per ounce... but ...

EUR/USD is very debatable here. A lot of people can see a 9 month ending diagonal whereas I see a completion of this diagonal on the 22 May so it's definitely open for debate. The only thing that is putting me off is GBP/USD weekly.... We are due ...

If social mood is dictating anything, then for now yes. News are simply knee jerk reactions which is why I simply do not follow it.

I'm glad I'm not the only one that saw this. A simple W-X-Y correction and another 2 additional impulse waves to complete an expanded flat correction.

Well this shows you how much you really know about the financial markets right? Despite the political rhetoric and global tension, gold was rising way before anything special came to light. Investors have to learn the difference between a bear ...

Wait... what happened to that guy said that there would be no rate cute because the FED said there wouldn't be one last month? 🤣 STOCK MARKET UP!

Finally. Someone with sense and someone that can read a chart. The current EUR/USD trend is clearly subdividing into a strong 3rd wave higher just based on technicals. This means that we are either going to get more bad economic data or the dollar ...

Right... so just because the FED said they won't cut rates until 2020... you actually believe them word for word?

I don't normally post of forex factory because I'm a technical trader and couldn't care less about fundemental news. However, here's something you need to take notice of. 1. The paper derivative gold market that you see on the screen is entirely ...