Archives

Let the market tell you – EURO quick look

CLIFF NOTES: follow the black dotted line to see where the major level has been for the Euro. Then, follow the orange line. Additionally, note a nice little cycle coming in at 778 days.  We are off by a week, but that’s OK and – quite frankly – the reason is a little too esoteric […]

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dollar strength foldback up move – complete

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 – […]

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how about a HOLLAH for the DOLLAH ?

CLIFF NOTES: target, essentially, hit on the dollar index.  perhaps a little higher?

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EURO Continued

CLIFF NOTES: per our last post, the EURO found support in the area we were watching.  (note – it went a little below so what I did is use the equal octave scale of music note A – 1.68179 extension and .68179 projection for the “exact” level where the pivot took place.)  Now, believe this […]

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levels on the dollar index

CLIFF NOTES: UP to 81.40 down to 80.80-81.00 up to 81.80.

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EURO should find support now or soon …

CLIFF NOTES: support to come and then get short this bounce.  follow along …

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EURO vs USD update

CLIFF NOTES: the EURO bottomed on June 05,2014.  It’s been correcting for 18 (long days).  The most recent correction that occurred (intra day) on Friday was, just that, a corrective move in what I believe is the last leg of a “long” flat correction.  Targets in/around 1.3700 are a good place to get into a […]

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the EURO now (finally) we are interested ….

On 5/21/2014 we posted that we were waiting for 1.3520-1.3580 to provide support for the bounce UP to SHORT.  W/ the ECB announcement today it got going BIG TIME and went thru our level by 8 pips.  Negligible.  Did I deploy capital for V50?  ABSOLUTELY NOT … no, I’am building my case for entry on […]

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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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