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[GVI Forex 2]

In Our Blog — A timely article worth your attention

Most technical traders refer to momentum moves as trends. I prefer to look at the price moves as trading in episodes.

Like a streaming television show, an episode has a beginning and an end. It is no difference in trading except that is where the similarity ends.

Why You Should Treat Forex Trading as Being in Episodes Not Trends

[GVI Forex 2]

BTCUSD 4 HOUR CHART – WILL 70K BW TESTED

Range is still 65-70K (or higher) with the upside at risk if it can establish above 68K

[SF Monedge]

Side note I do not expect a short Eur here to materialize in a matter of minutes.  It may take overnight or so.

[michael Calif]

re-post:    Law of Time has been/is Long Euro, Short USD    :gtwo3

[SF Monedge]

And on that note by Jay I like the sell side of EurUsd finally here.  Plenty of wiggle room being hedged elsewhere in case.

[GVI Forex 2]

EURUSD 1 HOUR CHART – NEW DAY, NEW BALL GAME

Playing it by the book means ignoring your gut or what you felt like yesterday and following what the charts are showing mow.

In this case, charts show 1.0838 as a key resistance, exposed as long as it trades above 1.0807.

As noted earlier, treat the move up as a retracement unless 1.0838 is firmly taken out.

[GVI Forex 2]

USDJPY 4 HOUR CHART – FIBOS and 150

With a hidden hand likely sitting above 153, let’s look at what FIBOS are showing for 139.58-153.15… closet is just below 150

[SF Monedge]

GVI that EurGbp buying could be seen in the implied volatility I mentioned earlier and it was the same yesterday.  There is too much apprehension across markets and so the major is highly unlikely to sustain but some crosses may.  You have seen delay quite a bit in your time for certain.

[GVI Forex 2]

EURGBP buying is back… Kept GBPUSD below 1,30 and EURUSD propped around 1.08

[GVI Forex 2]

Weaker commodity currencies led stocks, at least so far today

[GVI Forex 2]

Weaker commodity currencies led stocks, at least so far today

[SF Monedge]

I am expecting EurUsd to run into trouble around 0805. The caveat is Yen.  Yen futures are strong again but EurJpy is in areas where a bounce should be expected.  For now I favor the sell side of EurUsd with zero apprehension to adjust.  Contracts changing hands in Euro futures are decidedly on the sell side at present with options strong on the call side, with forwards strong on the buy side.  So a bit dicey but let us see how this plays out.  I am already in.

[SF Monedge]

I am more active with comments today for two reasons:

1.      I hope to help people by demonstrating there is more to this than moving averages.

2.      As a former, key word former, CTA, I am interested possibly in helping people who could use some help.  I may be contacted through Jay with GVI.

[GVI Forex 2]

SF,, where did you hear/read this?

That would be contrary to popular opinion of Usd dropping.

[GVI Forex 2]

SF,S, where did you hear/read this?

That would be contrary to popular opinion of Usd dropping.

[SF Monedge]

If AudUsd is going to have an issue it should be around 6625.

[SF Monedge]

Those Aussie shorts in AudUsd and AudCad are looking good.  That would be contrary to popular opinion of Usd dropping.

[michael Calif]

repost:    Law of Time is Long Yen futures     :gtwo3

[SF Monedge]

European fix in 10 minutes, that often causes reversals or continuations that stick.

[SF Monedge]

Side note – I want my tax dollars back.  And this is a major economic issue affecting your forex trades.  This liberal administration is sworn to protect the US but they intentionally invited in 16.8 million illegal aliens in an attempt to buy future votes, which is creating dramatic and historic economic unrest and crime increases.  I want money back and I want them on trial.

Now, back to markets.

[Author]

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