Nice chart Is it possible for you to change it to weekly and repost?

Only Gold!

in addition to the above, some food for thought: DX Weekly image

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a massive bearish divergence... though its hidden from sight... measure the move on a price relative basis and you will see... on another note, I wonder how many weak longs just got squeezed out...

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more or less yea...

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both?

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I have a funny feeling that theres gonna be a lot of disappointment once the numbers come out... call it a hunch...

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USDJPY to GOLD should be an inverse correlation, therefore it should be negative...

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I'm seeing a similar price target range as well... not too sure about the time frame though, getting mixed signals at the moment, will be able to pin it down as we get closer thanks

Only Gold!

I see no reason to get long this pair, except that the USD rally looks like is running out of steam and the short EUR trade is over crowded still I would probably trade it to the downside on very short term TF for 30-50 pips at a time... if at all ...

USD/JPY Discussion

how much upside are you looking at?

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on WTI? Im not sure, will need to see, I havent really done any forward analysis on this instrument since I exited my position a few days ago I may not play it to the long side at all, tbh, because theres juice in so many other instruments, and, Im ...

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yea I know! Ive been shorting WTI since ~105 now im out though it may still drop to the 86 level... I expect a sharp bounce from this range Im not interested in chasing the last few pennies...

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this pair has been losing steam over the last few days... and after such a sharp reversal following a touch of 110, i think its gonna turn into a sellers market soon but dont get me wrong, the fundies are very bullish for this pair in the longer ...

USD/JPY Discussion

Im suggesting that you wait and see... right now, theres no good reason to take a long position at the same time, the short trade seems to be running out of steam...

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JY is moving north with a vengeance (on H1) and the daily pattern seems to be showing an accumulation bottom followed by a massive reversal bar... historically it leads GOLD...

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My trade idea for UJ I should point out that the overall outlook here is very bullish after a retrace... I fully expect to see UJ at 115 in a few weeks... with that said, I have a sell limit order in place already... Hourly image just my 2 cents

USD/JPY Discussion

critical level H1 image

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youre right, this is indeed highly suspicious behavior... it really makes me think that we may be lined up for a 15% correction in SPX... first time in a long time... either that or the floor is about to fall out from under gold and we drop to 900 ...

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and with that last one, im calling it a day good fight good night

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The price action in the ES is very interesting today, the index is sitting at a very critical level, the trend line goes back to 2011, if it snaps, we are potentially looking at another 130 points of additional downside... no wonder no one is eager ...

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