{quote} I explained it before, target is 38.2 D1, last swing. When we get closer we scan tfs for reversal/ continuation patterns. This retracement should be very slow and choppy, 2 to 3 days to complete is normal behaviour. If we see acceleration we will reassess as this is not typical and may have further implications. AJ I won't be gone for long. Laterz
{quote} Don't forget Ariana, she is doing all the marketing and sales. Very talented girl!!
{quote} I took a heavy bashing from JPY. This pair is cursed.. BoJ is a pain in the bum...I will stay away from JPY for time being..will ride the USD rally and other pairs.
Hey, thanks for the input Terry and LoneTrader1. This is my technical view on the NASDAQ for now. {image} On the fundamental side we had a hot CPI lower consumer sentiment bad earnings from the big banks and rising tensions in the Middle East between Israel and Iran Showing signs that inflation in the US is still sticky. Potentially rising even higher if a war breaks out again.
Hey guys, i have a question. If i draw a magnet on my EurUsd chart to the upside, would it stop dropping? I saw a legendary demo trader on "eurusd only" thread, he is quite famous there for drawing such magnets.
For people who like a bit more Adrenalin and have bags of experience: GBPNZD Rendez vous at 2.11307 may give a generous bounce down before continuation, still a while until it gets there... H4 AB-CD at D1 previous resistance and overbought D1 just above, the kind f trilogy I like to see. {image}
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