iterating towards truth
Right now the EURUSD is trapped in a range between 2750’s and 3050’s. From the daily point of view the longer term down trend was broken and the pair looks like it is completing its continuation bullish pattern. The mission i clear, either it brea…
As I wrote last week, my preferred form of physical silver is pre-1965 US dimes, quarters, and half dollars… known in the industry as “junk”. Junk silver as an investment. It has a nice ring to it source: zerohedge.com
Now the question is whether a trend can be established when both the US and EUR monetary policy authorities are to provide significant liquidity, baseline growth expectations are very modest, and underlying structural issues are unlikely to be res…
[youtube http://www.youtube.com/watch?v=T3eKTzMLLNc?wmode=transparent]
The role of the financial markets, especially futures and forex, is to provide liquidity and act as a mechanism to manage risk. This means the major participants in the market are acting on price to either take on more risk, or reduce it. This act…
One of my favourite patterns is break strongly and hold above. I really like when price breaks an important S/R and catches the momentum. After a run there is some profit-taking and some kind of retracement. This is a great opportunity to get in. …
#25-1/2. The trend is your friend….errrr….ummm…..except when its not. source: ritholtz.com
It should not come as a surprise to anyone who studied the market that the market price is moved by houses who are betting on so called informed trades. If they know your book and know the information ahead of you, it is much easier to make a big …
Market is offering two opportunities I like. One is in EURUSD (short-term opp.) with potential of +3R. Hold above 3010’s and I would go long at 3035 ish. Another one is in GBPCHF but this one is a bit longer term. I really like a green confluence …