bloody Nasdaq resilient as ever
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Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies
Questions About Auslanco's Trades 72 replies
DislikedI just took off some more of my cable long @96 before king speaks. He may say some shit that throws off the technicals....Ignored
DislikedI just took off some more of my cable long @96 before king speaks. He may say some shit that throws off the technicals....Ignored
DislikedI just took off some more of my cable long @96 before king speaks. He may say some shit that throws off the technicals....Ignored
Dislikedquecee5, your comments are always appreciated and profitable
Thanks from my heart to you for all your effort to help usIgnored
DislikedQ I am beginning to think we might not see the mid 212 area 1 hr is turning down but 4hr is still close to 50 so its a waiting game I guess Daily is inching towards crosing.Ignored
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The more they talk the more UJ drops which is fine by me - the Dumb and Dumber indicator. . .Ignored
Disliked
The more they talk the more UJ drops which is fine by me - the Dumb and Dumber indicator. . .Ignored
Disliked
The more they talk the more UJ drops which is fine by me - the Dumb and Dumber indicator. . .Ignored
DislikedI hope they keep talking than my 1st TP on u/J is 107.60 just above where I have the daily R1.Ignored
DislikedThe top indicator chart shows two stochastic speeds and it is unusual (though not impossible) for the fast speed (blue) not to come back to the slow speed (red). It favours price to fall. Works most of the time but it's best to wait for the shorter time frames to confirm.
I live in Japan so a couple of observations.
I understand that the interest rate differentials favour a relatively weak Yen but that doesn't mean the Japanese economy is weak. They are great if you are buying a house
Exports are strong..more to Asia and Europe to compensate for less to the US ( they make most of the machinery that Asia needs to manufacture)..and the trade surplus is high. Products are made that the world wants to and or must buy. Savings are extremely high, unemployment low and most people feel pretty well off. There is very high energy efficiency and oil imports at just over 4 Million barrels/day are around 20% lower than they were in the 70's. Oil prices while a problem are not as serious as some might believe.
Kind of supports an arguement for a stronger Yen but as usual we should follow the charts.Ignored
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The more they talk the more UJ drops which is fine by me - the Dumb and Dumber indicator. . .Ignored
DislikedIgnored