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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Wednesday, 25 June 2014

The divergences chart posted on Monday seems to be working out,with a potential double top pattern in play


yesterday's shooting star candle took out 3 previous lows


7 comments:

  1. This comment has been removed by the author.

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  2. Belgium has a Monthly Doji, and have broken the low on that Monthly Doji. Bearish 3 bar setup. 1998 and 2007 it tracked at the peaks with US equities. FWIW.

    EWK

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    Replies
    1. Belgium ? Must admit thats not one I follow too closely :-)

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    2. Lots of ports in Belgium.

      USDJPY Still Selling. Weekly High Now Provides Easy Bull/Bear Line.

      That is my feedback to stimulate discussion.

      Have a nice weekend.

      Delete
  3. http://scharts.co/VUdwEi

    Also, Yen breaking down. Close below 101.60 would seal it.

    Fib resistance is right above recent high.

    That is my feedback to stimulate discussion. ;-)

    ReplyDelete