Japan and the Birds
The Japanese government interventions have had injection type effects but then the trend has prevailed. This week’s intervention looks to be no exception. That being said the rise and rise in the value of the yen must hit an upper limit and swing.
DOW Technical Analysis
Trade is a longer term trade and the below will be relevant until updated
From the 10350 low to the 12200 high there is a 3 wave movement, either wave 1/2/3 of an upward impulse or wave A/B/C of an upward zigzag.
Why trade forex?
So now you asking yourself why I should trade FX and the answer is simple; because you can! The FX market is the only financial market that you can trade 24/6, for a reasonably small investment, and profit almost instantly!
The Forex, FX market has not only provided an…
And the winner is…
I have been focusing on gold a lot lately and as I write my target of $1280 has been surpassed. It will get to $1300 but my T/P level at $1280 banks profits before that emotional resistance.
Oops, yes thank you!
Thanks to all those who alerted me on Friday afternoon as to how 100% wrong my reading of the situation was.