Just had a look at the CHF/JPY chart. Amazing correlation!! The correlation site I use shows a 99.2% correlation for these two pairs on the weekly, 93.7% on the daily. Just in case you ever check correlations, this is the site I use: url

Expo33's Harmonic Trading Journal

Probably a contrarian plan to some extent but sometimes you have to trust in your plan, then execute and manage. Will be looking at shorter time frames Sunday to see if any better entries develop once liquidity picks up. All four trades will be ...

Expo33's Harmonic Trading Journal

Fourth trade for the week is long AJ 20000 units TP 95.61 Strictly a carry trade and fundamentally I can't think of one good reason to be buying the Yen over the Aussie Risk 25 pips to win 50

Expo33's Harmonic Trading Journal

Third trade long EJ 16500 units, TP 138.43 Trade is based on simple divergence, fundamental yen weakness, and weekly support from 50 SMA and 34EMA Risk 30 pips to win 60

Expo33's Harmonic Trading Journal

Second trade long UJ 28500 units, TP 101.72 Simply put I am trading this long because price is resting just about on, what I consider, an impressive support area. Risk 20 pips to win 40

Expo33's Harmonic Trading Journal

After making a whopping 15.3% last week, I enter this week feeling a bit cautious. First trade is Short NU 24500 units, TP .8772 Risk 20 pips to win 40

Expo33's Harmonic Trading Journal

Eventually I want to use ZUP but unfortunately when I try to add any indicator I get a message saying "administrator doesn't have permission to save to this location" grrrrrrrr, read many forums on this and can't get it figured out. Brand new ...

Expo33's Harmonic Trading Journal

The fundamental flavor of the week for me is going to be US dollar strength (scary stuff), and general Yen weakness. This view is predicated on some positive US data early in the week ( hopefully), coupled with 10Y bond yields potentially firming up ...

Expo33's Harmonic Trading Journal

Thanks Bogi, I hope we can benefit from each other's views. I draw all my harmonics free hand with no zup or anything like that just because I feel it is the best way for me to learn, and I have A LOT to learn!!

Expo33's Harmonic Trading Journal

I would think property values are definitely a big concern for an interest rate hike, but it may be that the possibility of an interest rate hike has been partially priced in already. If the RBNZ leaves rates alone I bet you will see a larger ...

NZD/USD

Thank you sir. I am going to bury my fears on this one and go ahead and play it on Sunday when there is enough liquidity to get a decent spread. Hopefully get a better entry price

NZD/USD

I am not a fundamental guru to say the least, but I don't think the RBNZ will raise rates. Please correct me if I am wrong, but inflation isn't a problem at the moment. In addition, why would they want to put any extra pressure on the export ...

NZD/USD

Of course, but understanding basic theory is a prerequisite for anyone new to harmonics

Harmonic and Classic Patterns

101.27 area is a beast; weekly still can't close below it

USD/JPY Discussion

Ah, the teachings of Marcus Aurelius, that makes perfect sense. Very good sir. Thank you for the response

NZD/USD

Hey Hickson, I just noticed your avatar. Do you collect ancients, and if you do, do you frequent FAC??

NZD/USD

Here is a good place to start. The free PDF download is an excellent overview if you are interested in harmonics. url Stick around the forum and good luck

Harmonic and Classic Patterns

Weekly still above 50 SMA and price still trading in the upper half of 34EMA A simple chart with a powerful message. We haven't seen price close on the weekly below 101.27 in 8 months!! T minus 12 hours to make that happen, my money says it ...

USD/JPY Discussion

I think if you look at his trade explorer, and notice previously deleted explorer, you can put the pieces of the puzzle together

NZD/USD

38.2FIB at 101.36 from last 1H retrace is providing some staunch resistance. Rejected 3 times since last nights move down

USD/JPY Discussion