The price action makes it clear sometimes. Traditional off hours suddenly get alot of small, intense swings. For example, there are several, back to back, 5 and 15 minute tweezers. Dojis and hanging man bars get stop runs by a pip or 2 and then ...

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Ha. Can't argue with that seeing as that's when the algos kicked in yesterday. It was very obvious.

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Many algos are programmed to incorporate data releases. But obviously not enough

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Blowout Philly manufacturing number. Maybe FINALLY, this will jumpstart the greenbuck.

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Okey, thanks.

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Hi Kaka, Thanks for sharing your nice analysis. But do the outside reversal bars give you any concern that maybe the C wave ended yesterday?

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Nope, it's my broker.

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YEE-HAW!

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This next hourly close is pretty important on my charts. I'm certainly not married to the trade but if it doesn't rebound a bit soon, I'll keep riding the pig.

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Now she's warming up.

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Absolutely. Let's see a "Benvalanche"

EurAnalysis

Depends how much inflation it's offset by.

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hehe, very true. But the FED can only game the system for so long. I know it's easy to somewhat resign to the powers that be, but eventually, the market will win out. It always has. The only question is how much scorched earth gets left behind and ...

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The inflation debate is one which frustrates me to no end. If inflation was measured by the same formula they used 30 years ago it would be much, much, MUCH higher. And why they think that stripping out food + energy is more indicative of "real' ...

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Gold looking very ripe for a sell off here.

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Yes, I'm swing trading cable on the weekly/monthly. If you are interested in trading these levels, now is a great time to enter. All it requires is not over leveraging and having enough patience. I've provided the longer term analysis. The ...

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So how is life living in Kiribati? How developed is the infrastructure there? Are there many tourists that visit? Just curious to pass some time until NY gets interesting.

Cable Update (GBPUSD)

Wouldn't that be 365/4, or 91.25 days? Or is that one fourth of the number of trading days in a year?

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No idea. Back when I was first trying to figure out what worked for me in forex (like 10 years ago ), I just threw up a bunch of fibo MA's and round number EMA's on different charts. And many times cable respected the 4hr 200 ema. I've never ...

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Godim, looking at how the waves have created since the down move started at 1.63 combined with a break of the 4 year triangle tells the story. The area you highlighted is the end of the A-B-C wave 2 correction that ran from 14830-15750 and the wave ...

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