Tues Feb 8

EURGBP long 0.8485
Daily and weekly charts warn of significant upside.

AUDJPY short 83.32 [closed 83.33]

 


S&P500 daily chart megaphone wedge update.

 

AUDJPY long 83.28 [closed 83.38]

AUDJPY short 83.27 [closed 83.31]

” The equity rally since Aug 2010 has continued for a few months
longer than I expected – similar to what happened after I began my
warnings in early 2007 but the market decline didn’t start until mid
2007.

Despite market intervention/QE – natural market forces can not be
stopped – only delayed. When the market does reassert control –
the reaction (the overdue correction) may be even more extreme
due to that delay “

Need to wait for USD 8 hr chart to strengthen.

Euro is neutral / Dollar is neutral atm.
USDCHF short 0.9546 [closed 0.9543]

USDCHF short 0.9546
Euro strength / Dollar weakness atm.

EURUSD short 1.3591 [closed 1.3602]
Will look for another short entry later.

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I read comments but they're not published. Troll IPs are automatically trashed. [crinia AT gmail DOT com]

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