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Paund is tasting its bottom in a classic move

tminchev Posted 22 Feb.
It seems like the sky is falling over the paund. But isnt this scenario one of the best cases for the british currency? Of course it is. The biggest fear of BREXIT is already priced in the paund, so the surprises could be only positive, except of course the worst case scenario, which still is quite distant in time. The british paund is also testing its bottom which give the traders a very good level to limit their losses. So good luck to all brave investors. It seems reasonable to long paund aga…
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Yen at critical levels against all the majors

tminchev Posted 19 Feb.
We may see a very rare opportunity connected with the Japanese yen. The Yen made a low at 112.75 this morning against the USD, a level tested at the moment. If that level holds, we can see a very good rebound and test of the top of 115 yen.
And vice versa, a break down could open the way all back down for a test of 110.97.
So a possible strategy could be buying at the moment with a close stop loss at 112.5, or selling with a sell stop order at about 112.70, with stop loss at 113.20.
Both strate…
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massimoscalas 20 Feb.

great strategy!

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USD/JPY

tminchev Posted 18 Feb.
It is so strange to see the S&P 500 tp go up and the pair USD/JPY to go in the opposite direction. So according to me something strange is happening, that should be corrected. In these means either the dollar should go up or the Index should go down. A bit of both is also quite possible. By the way a very strong support at 113.3
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