UnknownUnicorn39208297

UnknownUnicorn39208297

Until a week ago, EUR/USD provided great trading opportunities at European Open. A/ On the leg down, every other day, at around 10:00 CET, a simple sell order no-questions-asked would have made consistent money. The touches to the 21-EMA: confirmation. Around the .23 Fibo -> system failed: more than 7 consecutive moves are rare + Support Level + USD weakness...

UnknownUnicorn39208297

Here's two currency pairs, you can't get wrong; USD/JPY: bc of falling JPY : 8% in 2 months EUR/CHF: bc of rising CHF: 4% in 2 months When you see two trending instruments, try the cross of the counter currencies: CHF/JPY: 11% in 2 months. Or you can break your teeth on EUR/USD instead - which is oscillating inside a 4% range. Also watch EUR/JPY -> something...

UnknownUnicorn39208297

In candlestick analysis size matters. In traditional Japanese Chart Analysis, the long candle is the only one that means continuation, the rest is indecision. Increasing candle sizes also indicate a wave gaining or losing strength. Size also matters when setting a Profit Target which is realistic in a given Time Frame. This takes me to today’s subject of...

UnknownUnicorn39208297

I am investigating the extent to which USD/CNY is an indicator of future USD moves across the Majors. First, notice on the chart how well Price-Action and Elliot Wave concepts apply to USD/CNY. The levels of polarity chance sit right on the Fionacci retracements. The Breakout Aug 2022, in (A), follows the description of a breakout (Pre-Breakout PA) to...

UnknownUnicorn39208297

Spot the 4 patterns. With Dollar Index (DXY) plotted below for comparison. It's a shame the USD/CNY can't serve as a leading indicator for USD-pairs, but its analysis shows you WHEN to enter the USD-market, long or short, and catch the big waves. The most notable are the periods of sideways trading. Looking at USD/CNY, those are really calm and composed, while...

UnknownUnicorn39208297

230207 - USD/JPY – Update and Ongoing Analysis RECAP <*> Commentary in the 2 previous posts still valid. <*> Previously, I had written that I would sell at 130, SL: 131.00, TP: 128. RR: 2. This turned into a successful trade for me, although I had to close the position manually, as the 128.00 was never triggered, #DXY was rising sharply, which made me believe...

UnknownUnicorn39208297

Correction. I didn't realise I published the wrong view of the chart. And now also learned that Tradingview only allows for 15minutes to correct mistakes. Recap: USD-index #DXY is short long term. JPY is long term. USD/JPY is short long term. Therefore: The breakout will be in the direction of precious impulsive moves down. Because USD is short and JPY...

UnknownUnicorn39208297

Introduction In my post Last week, full of confidence I called a significant down-move on USD/JPY. It hasn't happened yet, while USD/JPY price action in the past week has been frustrating, insomuch that it is stuck. But then; the longer the market congestion, the more violent the breakout. In times like this when Price Action traders like to quote Munehisa...

UnknownUnicorn39208297

DAILY CHART Trend: Following 4 consecutive Break-Out / Retests, hugging the 21 EMA tightly, S/R: USD/JPY has arrived at significant Support/Resistance Zone of 126 to 131. This zone happens to correspond with a swing point / accumulation zone in 2016. The pair has been trading above 131 since, and has only broken below 131 again in pas 2 weeks. #DXY...

UnknownUnicorn39208297

Thesis: Increased Central Banks' balance sheets leads to currency debasement. Following from previous study into the increase in the Central Banks' Balance sheet. Chart: DOLLAR INDEX WITH MAJOR CURRENCIES OVERLAID. To track %-changes of each currency relative to the US-Dollar 1/ from 1976 (removal of last tethers of gold standard) and 2/ from 2016. 'Strange'...

UnknownUnicorn39208297

I have to re-visit this. I am struggling to get 2 charts on the screen. Sorry for the dealy. If the sell-off on Dow Jones, or the rally on Gold have anything to do with tapering the Central Banks' Balance sheets, they have a lot to talk about in Davos. Notice the Difference between the M3 and Central Banks' Balances. BOTH IS RELATIVE AND REAL...

UnknownUnicorn39208297

NOMENCLATURE It is reference to the position of the sun relative to the Earth. When the sun is directly over the Tropics of Cancer and Capricorn (21 June and 21 December respectively) are the Solstices. When the sun is directly over the Equator (21 March and 21 September) are the Equinoxes. A 5th line is the Zenith, the point in the day, when the sun...

UnknownUnicorn39208297 Updated 

U.S. INTEREST RATES vs TREASURY YIELD vs OIL PRICE Timeframe: 1 month. start: 1972 Blue line: interest rates (USINT) Orange area: 10-year U.S. Treasury Bond Yield (IRLTLT01USM156N) Green Line: oil (scale on the left) (A) WHEN INTEREST RATES ARE ABOVE BOND YIELD, (1) it sparks a financial crisis: 1990, 2000, 2008, 2019 (2) it is followed by a spike in oil...