Big surge in JPY ( and we all know what that generally means right?) as commod currencies ( in particular AUD he he he… ) make a pretty dramatic turn – downward.
The Nikkei has also fallen “below” it’s bear flag / sideways pattern from the last 2 months so…..what’s left?
Good ol U.S Equities broke trendline a couple of days ago….now backtesting and wait for it…….wait for it…..
We may have to “wait for it” a little longer as one really can’t say for certain here but – weakness across the board.
Yes we are close! My guess is we ride up a bit until early next week and then perhaps the real deal will appear
I bought this morning this sell off some pairs where on great supports like eurjpy so contrarian on this 1 https://www.youtube.com/watch?v=jllJ-HeErjU so far it has been working for sometime see if this time is difference
Talk about a waiting game. This last month and half on the Forex market has been nothing but chop and bull. I thought I was a patient guy, but the markets as of late have added a new level to the discipline. The psychology of this game is nuts. Hope your enjoying the sun and beer down there Kong.
Cheers
These past weeks will have tested the best of us no question.
A real grind for sure. You are certainly not alone.
I’m pleased with the short AUD but that was a grind unto itself….still – nothin “giving up the ghost” very easily.
Hang in there man.