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GBP/JPY Short Trade EXplained

"The market can stay irrational longer than you can stay solvent" and this aphorism is more true than ever if you look at GBP/JPY. Since mid April this market has gone in straight line for 10 consecutive weeks posting the longest weekly green run since 1995. We didn't had 10 green weekly candle since 1995 when the yen hit a peak of under 80 yen per dollar. Taking in consideration this long stretch and the fact that this pair looked extreme overbought I was expecting to see some retracement a…
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Gold Double Inverted H&S Bottom?


Since I start blogging I've been giving out my outlook on gold both short term and long term, outlining the main points of why we may soon start another bullish trend but at the same time being caution of the possibility that we may get another major swing low, below the psychological level $1000, before the resumption of the gold secular bull trend. Here you can find my previous blog posts about gold: …
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CommunitySupport 2014年07月25日

good job, as usual ;)

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Daytrader21 2014年07月26日

CommunitySupport thanks

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PPandM 2014年07月28日

... and I like that shiny stuff , (just) the same as anybody else. Community support is d*mned right, good job, as usual ;)

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Daytrader21 2014年07月28日

PPandM I'm working to build my own gold vault:)))

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PPandM 2014年07月28日

@Daytrader21: This strip cartoon is uploaded especially for YOU ... (figuratively) ... YOUR BUSINESS PLAN:1. buy vault(s) for gold (check)2. fill them with gold

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