Fool’s gold and fool’s euro…
Jim Rogers said one time that people envied his ability to catch the top of markets. What they didn't know he said was the 7 or 8 tries he made…
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Fool’s gold and fool’s euro…
Fee Fi Foe , FXE FXF
You could just as well use eeny meeny miny more with these markets, but the trend line is broken in the euro with a power bar and a gap. It…
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Fee Fi Foe , FXE FXF
Tempting the bear…
Friday was but the continuation of a downwave which started Tuesday by our method (which counts the last day of a wave with the dying wave and counts the same…
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Tempting the bear…
Currency traps…
If you were looking for a buy signal in the euro here it is. A gap and island reversal. The FXF is similar but not so strong. The only problem…
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Currency traps…
Treachery — in Washington? — in the market?
We have remarked on the unreliability -- treachery if you will, or false signals -- that are inherent in mule --or sideways-- markets. This may be seen at e above…
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Treachery — in Washington? — in the market?
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