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Dollar Index since the Plaza Accord …room to run, BUT (?) …UPDATED
Posted on December 30, 2016 3 Comments
12/30/2016 – updating the US Dollar Index post bearish divergence – check 1.618 price projection hit – is this an a-b-c correction and the dollar has peaked? Potentially … or is wave 3 of 5 concluding w/ a pull back imminent? SENTIMENT is extreme bearish for the EURO and GOLD note – we are hitting […]
Dollar Index since the Plaza Accord …room to run, BUT (?)
Posted on November 19, 2016 Leave a Comment
11/19/2016 – if you want to follow the Dollar posts, just search dollar on the top right area of the blog. the overall thesis, which has proven to be correct so far, was the dollar was going to strengthen all the way from the low 70’s. it’s been a nice run … is there higher […]
Trade / Investment of the Year?
Posted on August 18, 2016 1 Comment
you wait, patiently, for opportunities to appear which “change the game.” as many of you have been following me know, the swing patterns that we watch take some time to develop … in this case a thesis is made for the “trade of the year” to be SHORT EURO vs USD. what do we have […]
dollar strength foldback up move – complete
Posted on September 9, 2014 Leave a Comment
September 9, 2014 CLIFF NOTES: the mirror image foldback that we have been following has, for all intensive purposes, completed the move up. Expect some dollar weakness and, believe it or not, the entire leg down noted by the red arrow to the left of the chart could be a possibility. the key point – […]
Gorilla’s put dynamite down for now …reload after dollar pulls back. (the dynamite is the 4 trillion/day FX market)
Posted on August 21, 2014 Leave a Comment
Summary: perhaps, it’s my background as a Naval Aviator for 11 years. I just read a post about “fighter pilots and organizations” and one of the points was the art of the debrief. so, as I post “stuff” on this blog I attempt to make it all “real time” because those snap shots allow me […]
Gorilla’s juggling dynamite … and the US Dollar a redux
Posted on August 6, 2014 Leave a Comment
the post below is from February 13, 2014 and I believe it’s important to rehash the most recent moves in the US Dollar. Believe this move has room to go, however, we need to patiently wait for a corrective pattern to form. this move in the dollar is real so try to get long in […]
the Dollar Index Fractal
Posted on May 8, 2014 Leave a Comment
CLIFF NOTES: I thought I had posted this once before .. the POTENTIAL mirror image foldback on the US DOLLAR. I have gone thru my charts and I can’t find it but I know I sent it to Larry P so … here it is. Also, go back and look at the UUP (Dollar ETF) […]
the dollar index is at a very crucial and critical level at 79.45-79.47
Posted on April 30, 2014 3 Comments
CLIFF NOTES: I have been a dollar bull for almost a year now and while price has made higher highs on the longer term time frame, it sure looks sick on a daily. So to the drawing board I have gone …and, while you will see a very nice an orderly count down into 5 […]
Gorilla’s juggling dynamite … and the US Dollar
Posted on February 13, 2014 2 Comments
Early in my career I had the wonderful opportunity to get training from Joe Di Napoli (www.fibnodes.com) Highly recommend learning some of his techniques but, most importantly, his understanding of the market structure and the players in the game. One of his favorite sayings is we must realize that “you are entering into a […]