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Gorilla’s put dynamite down for now …reload after dollar pulls back. (the dynamite is the 4 trillion/day FX market)

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 […]

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Gorilla’s juggling dynamite … and the US Dollar a redux

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 […]

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Dollar Index … again. Look at this chart … U G L Y.

Cliff Note: the BUY pattern worked and then, well, it didn’t?  Some WILD SWINGS in the currency markets.  the Gorilla’s were/are definitely juggling dynamite.  One of my RULES is that I NEVER trade on non-farm payroll days.  Just sit on my hands … bet a lot of people went long $$, then short $$ then […]

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Dollar Index update before NFP

Cliff Notes: thrust and momentum into the final pattern level at 79.52 is strong // warns of a failure.  a BIG deal. losing this level will open 79.00 // can’t stress enough the importance of this most recent action w/in the FX world. Chinese Yuan completed a perfect pattern and is moving up .. (WATCH THIS […]

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Dollar Index Update

The Dollar and the Currency Market is, again, the Gorilla in the corner juggling dynamite.  Per our last post (https://bartscharts.com/2014/02/19/dollar-index-positive-reversal-forming-on-daily/) we mentioned a potential positive reversal (which has been defeated) and one more target lower in/around 79.53-79.60.  This is EXTREMELY important for the thesis of the Dollar moving up …  

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Dollar Index Positive Reversal forming on daily …

cliff notes: 55 calendar days on 2/20/2014 from the last low in the US Dollar BUY patterns present and have held but have not confirmed a low in the dollar still a level at 79.50-79.60 positive reversal (bullish) pattern present on the dollar index   last post on the dollar: Gorilla’s juggling dynamite … and […]

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Gorilla’s juggling dynamite … and the US Dollar

  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 […]

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the joys of the puzzle …

a couple days ago I posted about the US Dollar missing my lower target and the potentiality of a bottom and even saw a “nice” inverse head and shoulders that IF it broke thru would be a bullish signal.  it didn’t and, now, looks like my lower target is going to be attacked.  quite frankly, […]

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