GBPUSD – Strong PMI made Sterling JUMP a bit.

by | Feb 21, 2023 | FX WATCH LIST

07.21.2023 2-HOUR CHART: GBPUSD – After STRONGER PMI Sterling has gained some ground., I see a count for cable, we may be in a minor c wave. I want to keep an eye on this to see where I add to my BUCKET C short. I think we are close, but want to see more price...

GOLD -GAME PLAN

by | Jan 13, 2023 | FX WATCH LIST, GAME PLAN

01.13.2023 DAILY CHART: We have to wait for this to top out, gives us a sign that this C-wave (if it is one at all) is topping out and about to turn.  This may take days if not weeks.  It is very hard and unproductive to front-run a move like this.  So I am watching...

DXY – PIVOTAL

by | Jan 12, 2023 | FX WATCH LIST

01.12.2023 WEEKLY CHART: We want to see this carve a bottom at these levels before committing to a LONG SWING TRADE in USD. It is trading right on the 50% retracement level, this is pivotal.

USDCNH – LEADING THE WAY

by | Jan 9, 2023 | FRAMEWORK, FX WATCH LIST

01.09.2022 DAILY CHART: USDCNH – This will be the KEY to all RISK imo.  USDCNH has been leading the way.  The reopening of the economy has had a powerful effect on REAL FLOW and that has permeated markets.  I want to see this turn before I size up on the FRESH...