In today’s FX Hour, we discussed cross pairs and comparing currency strength We discussed how the U.S. dollar can be strong against other currencies while showing weakness against commodities. We showed how to compare different currency pairs and combinations of crosses to determine which currency is the strongest and weakest. We reviewed the major indexes, […]
In today’s FX Hour, we discussed the economic and technical pressure on the economy and equity markets We discussed inflation risk and economic slowdown. We look at our “canary in the coal mine” indicators of Visa, MasterCard, and home builders but we also discussed energy pricing and the declining discretionary income. We looked at the […]
In today’s FX Hour, we discussed the Debt Ceiling and possibility of Debt Default We discussed the risk being priced in to the very short term treasury notes and bills but not as much in the long-term bonds. We discussed the impact to the bonds and the U.S. dollar and discussed the response and reaction […]
In today’s FX Hour, we discussed the markets pricing in future tapering and a potential taper tantrum We reviewed areas where buyers and sellers have changed control and how these levels, along with the MonkeyBar levels are providing us targets for the tapering and where price may bounce. We reviewed the major indexes and currency […]
In today’s FX Hour, we discussed the corrections in U.S. equities We looked at the bearish move in equities and the test of key monkeybar levels in intraday, monthly and annually. We discussed the next target if the moves confirm the breakout below the next key monkeybar levels. We looked at the major indexes, currency […]
In today’s FX Hour, we discussed short term trends and the bearish move in equities. We looked at the bearish move being supported by higher volume and monkeybar levels. We identified targets and expected outcomes with equity indexes, currency pairs, commodities and other instruments. We looked at long-term and short-term trends and long and short-term […]
In today’s FX Hour, reverse Fib fans were demonstrated. We discussed how to identify a trend reversal and how to create targets and a trailing stop. We looked at multiple time frames and multiple instruments. We combined the Monkeybar levels with the reverse Fib fans and demonstrated how to find the confluence of key levels. […]
In today’s FX Hour, we anchored September’s Monkeybar levels. We discussed the major indices and gold prices sitting at the projected fair price for the upcoming month. We looked at the major currency pairs and commodities and discussed market correlations with copper, FCX, FXI as well as oil and the Canadian dollar.
In today’s FX Hour, we discussed multiple instruments reaching a price areas of indecision. We discussed the 100% and 0% monkeybar levels being reached on equities, currencies, and commodities. We discussed watching and waiting for the breakout for the next major move. We discussed economic data and inflation and are watching for a small bullish […]
In today’s FX Hour, we discussed reversal points in the monkeybars on multiple time frames. We discussed annual, monthly, and daily monkeybar levels on the major indices and on the U.S. dollar. We looked at the confluence of these levels as higher reward risk entries for many different trading instruments.
In today’s FX Hour, we discussed the U.S. dollar dominance despite inflation pressures. We discussed equities, commodities, inflation indicators and the major forex pairs. We highlighted the U.S. dollar strength despite rising commodity prices and also discussed our inflation indicator trading flat for the past 3 months. We looked at the currency pairs, commodities and […]
In today’s FX Hour, we anchored the MonkeyBar levels on numerous instruments for the month of August We touched base on reverse repos, inflation, and unemployment data. We focused on the major market indices, major currency pairs and commodity prices. We evaluated key levels and the reversal in Visa as a warning of slowing consumer […]
In today’s FX Hour we the biggest week of earnings for the quarter and discussed the expectations ahead of the Fed We looked at key earnings over the next two days and targets. We looked at the weakness being priced into the U.S. dollar and discussed the expectations ahead of the FOMC statement on Wednesday.
In today’s FX Hour we discussed my 2 day earnings strategy and looked at BTC breaking 30,000 We discussed the earning strategy and how to target the next move in the overnight trading. We also looked at Bitcoin breaking and closing below 30,000 as well as the next expected move. We looked at the broad […]