Break out of a triangle examles. Break out of first - down to 1.54 Fib in large but compressing swings forming another triangle. Fibs work very nice in this picture. Now, what is likely outcome - my bias is up.
Daily Interval MA50 - 1.0636 - Sell RSI(14) - 42.673 - Sell MACD(12,26) -0.002 - Sell February CPI Due on Thursday - "Surprise" again April 2016 High Trend Based Fib Time - perfect into election time for Low
Looks like Treacherous Sea of Tranquility. Almost everybody entrenched in fear - no trade. We all know its a trap. What will outcome be - up or down. Will the banks show the way, shall we go along or against. Big money is thinking how to trick us before making a move. They figured ot that we the plebs have figured it out. The fifth colone will reveal itself and...
20/02/2017 GU opens above 1.212 - October 2016 Low is likely Mid-Long Term Low. However, GU Decline from end of June 2014 is not complete. Should GU turn - it is likely to be swift rather than sift move. Extreme up target for bounce is just above 1.50 and target zone 1.30 - 1.36 is more reasonable. For those who are students of MMM (Modern Monetary Mechanics or...
There will be no inflationary outcome in anything bought with real income/earned money
Please comment on red or black and grade likelyhood on a scale 0 (No Chance) to 10 (Higly Likely)
How likely is this outcome - Highly Likely, Likely or NOT LIKELY AT ALL
ECB will maintain dovish stance despite rising inflation
ECB will maintain dovish stance, despite rising inflation
he CFTC on Monday fined Forex Capital Markets, parent FXCM Holdings LLC and founding partners Dror Niv and William Ahdout to pay $7 million to settle charges it defrauded retail foreign exchange customers and engaging in false and misleading solicitations. As part of the settlement, FXCM agreed to withdraw its registration and never seek to register with the CFTC...
This looks ready for correction. Once the 13th leg tops and COMP rolls over - a mother of all selloffs will reveal itself.
GU Decline from end of June 2014 is not complete. Currently correcting October 2016 low. Price clearly rejected from the channel above 1.242 - Loud bully silenced with the snow shovel. Regardless of the outcome of the Parlament vote and deliberation - Brexit means Brexit. CBE contributions to ECB have been suportive to/of the £. It is highly likely that it will...