This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Monday, 10 September 2012
http://finance.yahoo.com/news/euro-zone-pay-terrible-price-105432210.html Jim Rogers
This could likely be final move for the thrust out of the two triangle in USDCAD...Triangle Target is about 97400ish. There is a channel line there as well. I would expect an ABC up at least if (middle word in loife) that was a triangle and if this is the final thrust and if that channel/triangle target holds. Peace and Omzzz...
BTW...saying I am using USDCAD as some 100 percent inverse indicator of equities is inaccurate. I don't want to explain it, or argue it, but was just pointing that out. I like for price markers across pairs and other things as currency being large and liquid generally does not lie relative to the manipulated equities markets.
This could likely be final move for the thrust out of the two triangle in USDCAD...Triangle Target is about 97400ish. There is a channel line there as well. I would expect an ABC up at least if (middle word in loife) that was a triangle and if this is the final thrust and if that channel/triangle target holds. Peace and Omzzz...
ReplyDeletemeant "two week triangle"
ReplyDeleteWon't pummel your site with all sorts of charts. Basically watching that USDCAD triangle target, and the 4 hour VIX Fisher for a risk off signal. There are other signals. Watching for small chart candle entry and looking for move back to middle of hourly chart 1415-25 area (location not target) and will then assess whether it is more than a 3 dayer. Peace and Omzzz
ReplyDeleteHere is the Weekly USDCAD: Potential Support, and Fisher 10 is cooked. Vertical Lines are other Recent Occurrences
ReplyDeleteBTW...saying I am using USDCAD as some 100 percent inverse indicator of equities is inaccurate. I don't want to explain it, or argue it, but was just pointing that out. I like for price markers across pairs and other things as currency being large and liquid generally does not lie relative to the manipulated equities markets.
ReplyDeletehey SJ...no I just noticed that a few people were using it including Nouf and was curious,thats all.I think Geno too
ReplyDeleteI have NO odea what Fisher is lol....more reading to do :-)
ReplyDelete