"Correspondents say it is unlikely Mr Trump's opponents would try to impeach him before November's mid-term elections." I tend to agree on November, although I wouldn't rely on Trump's impeachment to really move the market. Pence wouldn't change ...

US and Euro stocks mounting one more rally before crashing?

Correlation only makes sense if the guy with the most money believes in it, which is not my case...

US and Euro stocks mounting one more rally before crashing?

EURJPY and USDJPY are on the rise on the weekly, it may sound naive but I would expect some weakness on either pair before considering a short on the Dow. Let me know if my thinking is flawed, but it is what happened in Jan/Feb this year

US and Euro stocks mounting one more rally before crashing?

It seems to me that Trump's trade wars with China is favorably perceived for equities for now. Unless evidence shows otherwise, it may continue this way until it doesn't. The weekly looks solid, I would actually buy at these levels if I wasn't that ...

US and Euro stocks mounting one more rally before crashing?

Still some juice left for buyers to squeeze in my opinion... 850-870 deserves to be retested

US and Euro stocks mounting one more rally before crashing?

Waiting for reaction on EMA20 H4

US and Euro stocks mounting one more rally before crashing?

It will come with time, you become choosy as you take a step back and look at the big picture. The goal is to not move when there is nothing to do and not hesitate to get in when the right opportunity presents itself.

Strat's PASR Long Term, Stress Free Trading

You don't have to, but understand that M5/H1/H4 cannot free themselves from what higher TFs are doing. The choice of a TF is just a personal preference, but the market will end up in the same place no matter what TF you are looking at from. I have ...

Strat's PASR Long Term, Stress Free Trading

Malu, just my 2 cents: 1.Don't forget the shadow, it is here for a reason and we are in buy territory on H4 2. The 1.1540 level happens to be (a) H4 support, (b) EMA20 H4 AND (c) EMA20 Worker, so selling there would be challenging imo 3. More ...

Strat's PASR Long Term, Stress Free Trading

I agree that the 76.4% seems to be of interest to big money, I am on the sidelines for now in any case and will wait for a weekly confirmation even if I don't get at the top and have to incur some serious DD depending on how the Dow starts its fall ...

US and Euro stocks mounting one more rally before crashing?

I wish you were right but a 9-year bull run will take a bit more than 10 days to get shut down I am afraid. I would rather not catch the top and use my capital elsewhere while the weekly/monthly PA shows the beginning of a down swing. Markets can ...

US and Euro stocks mounting one more rally before crashing?

Interesting take although I beg to differ, I have seen a few times in the last 25 years where people thought exactly what you say, yet the markets always crashed... For me, the real question is not whether it will happen but when exactly and what ...

US and Euro stocks mounting one more rally before crashing?

Thanks Cat, I too have started watching Gold PA recently. 1150 and 1050 areas offer interesting monthly support levels, would you agree? However, on your comment about inverse correlation with equities, Gold was pretty well correlated to equities in ...

US and Euro stocks mounting one more rally before crashing?

Hey ensale, great to see you here

US and Euro stocks mounting one more rally before crashing?

25000-25600 in a single day, did I miss something in the news ??

US and Euro stocks mounting one more rally before crashing?

CADJPY M5 Trend Trading Just back from holidays, I hope everyone is well

Strat's PASR Long Term, Stress Free Trading

I am on holiday, so no trading for me, but I looked at PA after seeing your post and I wouldn't sell on this daily candle. It may look like a shooting star but its position is not where real shooting stars are. More importantly, I see no selling on ...

US and Euro stocks mounting one more rally before crashing?