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EURO – is it “time”
Posted on September 10, 2015 Leave a Comment
when I get ready to put a “position” on I ALWAYS erase the chart and start at the longest, most “biggest” time frame that I can use … in getting ready to put a “positional” idea to work I like to understand where it’s been and where it’s going … as they use to say […]
Aussie vs USD updated
Posted on September 8, 2015 Leave a Comment
09/08/2015 – my target area/zone got crunched pretty bad, and my count is wrong. all that being said, I didn’t take into account the measured move from 89-01. quite frankly, w/ all that ‘stuff’ coming into the areas as shown below I didn’t think it could. So the age old adage of “thinking” versus “seeing” […]
EURCHF – heads up …
Posted on September 8, 2015 Leave a Comment
that was quite the DUMP when they moved the peg back on January 15 2015 … folks, the puppy dropped over a 1000 pips in one day. now, it’s come up to a measured move and .618 of that move …. not saying were going to dump 1000 points but this is the first risk […]
continuing to watch $GPRO w/ @seeitmarket
Posted on September 8, 2015 Leave a Comment
GoPro Stock (GPRO) Update: Is A Decline Under $30 Coming?
This is what a quadrillion looks like …
Posted on September 7, 2015 Leave a Comment
after looking at this chart … ask yourself, what is the counterparty risk of 1.4 Quadrillion Derivatives outstanding ….?
Loonie approaching crucial first target … watch Oil’s reaction to gauge
Posted on September 7, 2015 Leave a Comment
Crude Oil and the Loonie are pretty correlated … Crude put in some strong thrust up but the Loonie keeps going lower against the dollar … so, let’s play the “if – then” game .. IF Crude has put in a tradable bottom THEN the Loonie should not be far behind. Below is a long […]
continuing to follow the USD vs JPY YEN …
Posted on September 7, 2015 Leave a Comment
here’s the longer term look at the USD vs JPY. note – we missed, by a few pips, the largest corrective move since the bull market began in 2012. also, you’ll see the 1/8th projection method taught to me by my friend and mentor, Mike Jenkins. this most recent correction has been bumping all over […]
the YEN, the S&P 500 and the world of ‘if – then’
Posted on September 5, 2015 3 Comments
my friend and fellow chartist and trader did an awesome post on the JPY and the US Equities: http://allstarcharts.com/its-the-yen-stupid/ below is a chart (intraday) showing the strong correlation … so …IF THEN .. IF the correlation remains intact – probability is it does but you never know THEN a BUY pattern appearing for the USD […]
rates ..
Posted on September 5, 2015 1 Comment
watch for a WEEKLY closing below to signify the 5000 year low in interest rates is over. key folks …make it easy and don’t listen to all the talking pundits.
WMT set up …slow down and digest the logic… this is important, I think
Posted on September 1, 2015 Leave a Comment
BUY WMT (?) note – measured move ( in price and time), polarity and an extension target …. needs to stop here and start back up, IMHO. we are also sitting on a former resistance zone of 15 years folks .. if break down from here – we’ll call that a “what’s the fighter thinking” […]