The Kongdicator has obviously taken its signal as I’ve entered like “a million trades here” as of now including to start:
There is no question that in the immediate “inverse” effect of a tanking U.S Dollar is a rising EUR, so that’s a given. GBP strength along side ( geographically speaking ) makes continued sense, and it’s hard to expect much out of the commod currencies as risk comes off.
USD/CAD still hovering but will likely make it’s move lower here as well.
JPY is a tough nut to crack, and I won’t be surprised to see it put up a larger fight but…..short term trades with a quick hand / ready to jump look to be worth a shot.
I’ve had signals initiated to get short /ES ( SP500 futures) under 1685.00
With U.S data on tap here in the next 30 minutes, I would obviously wait until “after the dust settles” to consider any type of entries – with increased volatility surrounding Thursday mornings news releases.
- Entered short CAD/CHF on Sept 8 at 90.00
- Entered long EUR/AUD ( Insanity Trade ) on Sept 9 at 1.43
- Entered long EUR/NZD ( Insanity Trade 2 ) on Sept 19th at 1.6260
- Entered short CAD/JPY at 10:51 a.m Sept 25 at 95.81
There is no question that I’ll be getting entries in the following pairs within the next 6 hours, so ideally at any price level “higher” than we see as of this moment.
- short AUD/JPY
- short AUD/USD
- short NZD/USD
- short NZD/JPY
In general , we see the trades to reflect a “risk off” scenario , with strength to be seen in both USD as well JPY, and weakness in commodity currencies.
Now keep in mind….when entries are given, the buy/sell orders are places “x” number of pips above or below that value in order to be picked up ON MOMENTUM.
Have I ever had an instance where the entire set of orders is missed/ not picked up – and the market has moved considerably in the other direction? Maybe a couple of times – but that’s a good thing, as we look to catch MOMENTUM in our direction of choice.
No MOMENTUM – NO TRADE = SMART TRADE.
More this afternoon, as trades in several other pairs ( including those with EUR as well GBP) look to materialize.
It’s really no suprise that “The Kongdicator” has now tripped, and will produce entry signals within the next 24 – 36 hours.
I’ve done some tweaking here over the past few weeks in that – I’ve been “a touch early” with the initiation of new trades recently, and want to get this dialed right in.
As the system is “forward looking” I plan to post / alert to the exact trades that the Kongdicator suggests in real time during the trading day tomorrow.
I will outline each specific pair, as well perhaps a couple of stocks / indexes ( as I run it on /ES SP 500 futures as well) so that you can get a real look at some specific entry levels – and follow along with a couple of trades.
The Kongdicator always suggests / places trades “above / below” the signal as these trades are then picked up “if/when” momentum moves in their favor.
I hope to get some feedback on this ( hopefully constructive ) as we move closer to making the indicator available to all.
Across the board I have a number of currency pairs signalling a trade, but each with it’s specific time / price so……I’ll plan to tweet as well post several times if need be, so that we can get a look at this in real time.
The “Kongdicator” has been years in the making.
The Kongdicator is truly a thing of beauty, and a product of literally “1000’s of hours” logged staring into the dark soul of my “evil computer monitor”.
Computers have no heart..no compassion …..and will gladly steal your eyesight at a moment’s notice ( given half the chance) but NO!……not in this case – as we survive “unscathed” – Kongdicator in hand.
The Kongdicator Rules Forex Kong.
I am a fundamental trader at heart – looking to “ride the waves” as “planetary monetary policy” shifts and evolves. I look to long-term charts FIRST and then look to the Kongdicator to get me “in and out” on the short-term “ebb and flow”.
We’ve now proven it’s worth in equities markets as well – nailing the last several turns “literally to the day”.
We all need to improve on our trading. We all need a plan.
The Kongdicator “is” my plan.
It’s like this…..I’ve been working on this for years, and have always been taught / learned that – “you need to stand up for what you believe – and never let anything stand in your way”. So……..there it is. I wouldn’t get so excited about it if I didn’t feel I could stand behind it.
Kongdicator coming your way – soon!