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EURO – is it “time”

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 […]

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Aussie vs USD updated

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” […]

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EURCHF – heads up …

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 […]

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continuing to watch $GPRO w/ @seeitmarket

GoPro Stock (GPRO) Update: Is A Decline Under $30 Coming?

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This is what a quadrillion looks like …

after looking at this chart … ask yourself, what is the counterparty risk of 1.4 Quadrillion Derivatives outstanding ….?

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Loonie approaching crucial first target … watch Oil’s reaction to gauge

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 […]

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continuing to follow the USD vs JPY YEN …

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 […]

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the YEN, the S&P 500 and the world of ‘if – then’

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 […]

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rates ..

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.

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WMT set up …slow down and digest the logic… this is important, I think

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” […]

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