Adrian7's Blog
1,100 pip fall since the China Stock Market
1,100 pip fall since the China Stock Market crash and we’re expecting a long term fall to continue with a short term rally. Smart investors would wait for a couple of more candlesticks before making a final decision.
USD Dollar - Mark Down This Date: October 20, 2015
https://orders.cloudsna.com/chain?cid=MKT066428&eid=MKT120965&snaid=&step=start##AST20594
GBPAUD High Sell
Expecting a u-turn any moment now. When it arrives, buying opportunities will present themselves. If you’re in this trade now it would be wise to sell high!
Sell High
GBP/CAD is finally out of consolidation! The time to sell high is now. If you haven’t gotten in on this pair, your time could be approaching very soon.
Downtrend
Technically, the NZD is positioned for more **weakness***, waiting for RBNZ for further weakness. (A confirmation)
Technical levels to watch are 7000 to 6700, Prices falling to these levels would most likely correspond to higher highs on the EURNZD and GBPNZD. (Other Markets to look at)
Technical levels to watch are 7000 to 6700, Prices falling to these levels would most likely correspond to higher highs on the EURNZD and GBPNZD. (Other Markets to look at)
SHORT YEN
The Bank of Japan and the European Central Bank are currently creating the most inflation via currency aggregates (the red line). The gamble that the central banks have made, in my opinion, is that they think they can keep their various currencies trading against one another within some kind of fair zone for world-wide equilibrium. To do so, they certainly couldn’t have their respective currencies crashing against real money, so suppressing gold has been a mandatory component to their strategy.
…
…
LONG GOLD
The Bank of Japan and the European Central Bank are currently creating the most inflation via currency aggregates (the red line). The gamble that the central banks have made, in my opinion, is that they think they can keep their various currencies trading against one another within some kind of fair zone for world-wide equilibrium. To do so, they certainly couldn’t have their respective currencies crashing against real money, so suppressing gold has been a mandatory component to their strategy.
…
…
GBPAUD
This is what I am expecting to see on the on hour time frame. Basically, I am looking for this market to break the uptrend and enter into the sell zone. Then I am looking for the market to bounce at the back side of the up trend line and break a counter trend line bearish. I plan on treating this like shampoo. Rinse and repeat!!! I am going to look for counter trend line breaks bearish on the way down of the daily bear pull back.