SP500 hits upper channel line :confused:
Thanks a lot JSSPMK. So it had something to do with BOJ interest rate change in those years. Since BOJ's interest rate has been near 0 for...
1990-1995 USDJPY fell from 160 Yen to less than 80 Yen in 5 years. But from 1995-1998 USDJPY surged from under 80 Yen to over 146 Yen in 3...
USDJPY weekly chart starts to look interesting. If it's indeed a Tree-Drive pattern, price may touch the bottom within the next several days and...
You may be right. But your ABC waves seem to have the same 'degree' as the 5 up waves from Jan.~Aug 2009. So I'd rather keep it simple and count...
Even though S&P seems moving on the third wave of a 5-wave uptrend, in some similar cases it may fail and goes down instead. See the forex...
That's how I labeled on the weekly chart as well. Hope the market will move as predicted. :)
My E-wave count on gold index. But unsure if the latest wave-5 is ending or not; or the latest 5 waves are just a sub-wave of wave-1 :confused:
SPX weekly chart seems to have completed a 5-wave move so far. The next move may be a-b-c wave followed by a continue uptrend. The alternative may...
SPX bounced back up and looks impulsive. The market has been very resilient :eek:
Price continues to fall and broke the hourly chart trend line before noon time (ET).
SPX seems to be holding on a trend line support this morning. Let's see how it goes from here.
SPX down move is quite aggressive today. The price may have reached a short-term cycle top yesterday. If that's true, the down trend may last 3~4...
Neely in hot water again, I guess.
What Forex pair and what time of the day did you make those trades?
EURAUD falls back to 2000 low. Cannot exclude the possibility to go lower, but worth a look.
I received Neely's newsletter (to non-subscribers) over the weekend. Here's what he said: "Due to the substantial advance following March...
Those who trade 50:1 or 100:1, how tight (how many pips) you place your stop loss order from your entry point? I am trying to learn something...
A long-term view.
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