If you're going to make fun of Ralph Elliotts work, at least spell his last name right. If you weren't so ignorant, you'd understand that the Elliott wave theory teaches you more than just 'predicting' the future. #trading
The $DXY may just not be ready to bounce yet.. momentum for the $EURO is still strong and it shouldn't take long until we break resistance. A move to 1.20 seems to be in the cards before seeing a top for the #euro#forex#forexsignals $EURUSD
Even by Turkey's standards, selling $1b a day to support the lira is a lot ...
The peak monthly intervention this spring (in my estimates) was $12b, or $3b a week
https://t.co/04oIASNwaH
Looks like #silver wants to go a little higher before correcting all the way back to 22-21, possibly. Good place to load up for another surge.. $XAUUSD should follow $XAGUSD #Preciousmetals
$USOIL, metals and stocks are starting to get a little over extended, which clearly favors the US dollar to bounce soon.. it's only a matter of when, as i've been saying this month. Look out, USD bears π #forex#preciousmetals $DXY #stocks
5β£ USD has peaked, but is not due for a major downtrend. GBP is most vulnerable over the near term, and upward pressure will persist for CHF and JPY.
Willing to take the risk as @Ambev heads into earnings next week. Looks like we're in a flat correction. Red arrow is where i'll be looking to add to my position. #ibovespa $BRL #stocks
$TSLA getting hit hard! Those that mainly trade based off of fundamentals are probably wondering what's going on after earnings didn't disappoint.. π»πβ‘οΈπ° #stocks#stockstowatch#NASDAQ
This still doesn't mean that the trend of the $USD has changed YET, unless we really start going down in a faster pace. All though the USD is losing steam, it still remains strong (in my opinion), and it's only about time before we see a temporary bottom $BRL $INR $DXY #forex