Hey there lovelies,
I'd like to bring something to your attention that concerns me and if you haven't already questioned the what if theory on this issue maybe you should. Have you ever stopped and wondered why the dollar has become so strong within the recent years after the recession of 2008? Have you ever questioned whether or not it even makes sense to have increased mortgage loans and credit limits, but lower interest rates? With the U.S dollar's unparalleled rise, should Americans be considering a safety net with silver and gold?
The inversely proportionate commodities have a frightening historical pattern, usually ending in financial crisis for the U.S. To date the U.S have had three major financial crisis, The Great Depression of 1929, The Crash of 1989, and the most recent Financial Crisis of 2008. Billionaire's like Steve Forbes and George Soros are already hinting that history may repeat itself in the near future and have started bulking up their silver and gold shares. FOREVER without financial consequences, wouldn't it be wise to invest in something that is concrete just in case the dollar decides to go kaput... again? So I've done some research for you and expect you to do more on your own so you can decide for yourself whether or not you should start investing in a "gold standard" future that remarkably never seems to fade and remains a lion in waiting. So I say again, what's in your wallet?
Some may be believe it's rubbish, but is it really? The use of coin (gold and silver) has been an acceptable form of currency for thousands of years and has withstand the test of time. So when an economy finds themselves in economic ruin why does gold and silver always seem to prevail through the hardest and worst of time. According to Forbes, it is because the U.S federal reserve system continues to discredit the need to keep a "gold standard". Even if you truly believe that the U.S could continue printing as much money as they want and keep interest rates low
Food for thought. Click the links below:
Silver Trust (SLV): http://finance.yahoo.com/echarts?s=SLV&ql=1
Gold Shares (GLD): http://finance.yahoo.com/echarts?s=GLD&ql=1
http://www.newsmax.com/Finance/Forbes-Europe-crisis-US/2015/02/12/id/624343/
https://www.youtube.com/watch?v=__yyw8vFQAw&t=20
https://www.youtube.com/watch?v=yEhdw-zY4sY&t=258
Sunday, March 22, 2015
Forex Weekly Analysis (3/23/15-3/27/15)
Hey there lovelies,
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bearish and bullish trend trading opportunities. Last week the majority of the majors moved 300+ pips due to the recent FMOC news announcement from Yellen. She stated that the interest rates would increase for the U.S, but in slow progressing increments as early as June and as late as September. This week trade #usd pairs cautiously with proper risk:reward ratio until a clear trend pattern can be defined, as market indecisiveness and consolidation ranges are where most traders lose money. For now, remember the trend is your friend until it bends :-)
Market moving news: http://www.investing.com/news/forex-news/dollar-pushes-broadly-lower-in-risk-on-trade,-fed-still-weighs-333425
1) #EUR/USD (Daily) - There might be a re-tracement of 100-200 pips from #eurusd current position upon opening, #eurusd is still in a strong downtrend but be on the look out for a reversal due to the #usd weakening. This pair is currently in an decisive stage with higher lows, but lower highs on the daily. So this week, expect to trade cautiously using the if then process. A test of the 1.1000 may occur, and if broken expected a much needed short term trend reversal at the 1.1200 price level. If given a bullish opportunity plan to go long (buy) if this pair exceeds (1.0910-1.1000), but be prepared to go short if the pair fails to exceeds upper resistance levels (1.1130 & 1.1460). If given a bearish opportunity plan to short (sell) the market at the (1.0790-1.0730) range. If the pair can exceed the 1.0400 level, it is highly probable that the downtrend is intact & will continue. Expect at least 300+ pips on this emotional rollercoaster for this week.
Market moving news: http://www.investing.com/news/forex-news/eur-usd-continues-path-of-volatility,-as-dollar-falls-below-1.08-333478
2) #EUR/JPY (Daily) - Expect a re-tracement of 100-200 pips from #eurjpy current position. If given a bullish opportunity, go long (buy) at the 130.75 level and a test of the 132.0 level. If held it is likely that upward movement will continue. If given a bearish opportunity plan to short (sell) this pair back down towards the 128.0 and/or lower range and cancel/replace as needed. Expect at least 300+ pips on this sweet ride for this week.
3) #GBPNZD (Daily) -For this week, there is a possible re-tracement range between 50-150 pips and a test at the 1.9835 resistance level, if held that would be a highly probable level for a short entry. When given a bearish opportunity, plan to short (sell) this pair back down to the (1.9895-1.9790) range and cancel/replace as needed. Volatility will be highly dependent of the #nzd trade balance. Depending on your entry expect to ride this wave for at least 200+ pips for this week.
4) #GBP/JPY (Daily) - Last week this pair made a lower low within the 127% fibonacci level. After a possible 100-200 pip re-tracement, expect an upward movement of about 250-300+ pips from #gbpjpy current position. When given a bullish opportunity at the (179.0-180.15) plan to go long (buy) on this pair back up to the 181.0-183.0+ range and cancel/replace as needed. Expect this cookie to rise for at least 300+ pips for this week.
5) #GBPUSD (Daily) - Last the bears scored their first point. For this week, she is still very bearish on a weekly chart, but with recent U.S news, a reversal may be possible in the near future. This week take advantage of the if then process for bearish and/or bullish trades. If given a bullish opportunity at (1.5000-1.5040) prepare to go long (buy). If the 1.5200 level is broken with a full body candle, expect the uptrend to continue until the next level of resistance, but be prepared to go short if the pair fails to exceeds upper resistance levels (1.5020, 1.5430, & 5710). If given a bearish opportunity at (1.4900-4860) take a short (sell) entry on this pair back down to the 1.4800-1.4700 and below range and cancel/replace as needed. Expect at least 300+ pips profit from this feisty gal this week.
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bearish and bullish trend trading opportunities. Last week the majority of the majors moved 300+ pips due to the recent FMOC news announcement from Yellen. She stated that the interest rates would increase for the U.S, but in slow progressing increments as early as June and as late as September. This week trade #usd pairs cautiously with proper risk:reward ratio until a clear trend pattern can be defined, as market indecisiveness and consolidation ranges are where most traders lose money. For now, remember the trend is your friend until it bends :-)
Market moving news: http://www.investing.com/news/forex-news/dollar-pushes-broadly-lower-in-risk-on-trade,-fed-still-weighs-333425
Market moving news: http://www.investing.com/news/forex-news/eur-usd-continues-path-of-volatility,-as-dollar-falls-below-1.08-333478
Thanks for reading and please be sure to follow me and/or subscribe to my YouTube, Twitter, Instagram and Facebook at caramelnatural82. Happy Trading and Good Luck!
Xoxo, Deuces ;-)
Click link to view my recent stats:Sunday, March 15, 2015
Forex Weekly Analysis (3/16/15-3/20/15)
Hey there lovelies,
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bearish and bullish trend trading opportunities.
1) #EUR/JPY (Daily) - Expect a re-tracement of 100-200 pips from #eurjpy current position. When given a bearish opportunity plan to short (sell) this pair back down towards the D extension of 125.10 and/or lower (126.0-124.90) range and cancel/replace as needed. Expect at least 300+ pips on this sweet ride for this week.
2) #GBPNZD (Daily) - Last week this pair had unexpected re-tracement & rally high of 2.0845, making a higher high & low compared to last week. This was mainly due to NZD maintaining the trade balance of 3.50. Therefore, cautiously trade the counter downtrend if you wish, and be mindful of a possible reversal if she makes a higher high & low compared to last week. For this week, expect further re-tracement with a range between 2.0400-2.0500+ and a test at that higher resistance level, if held that would be a highly probable level for a short entry. When given a bearish opportunity, plan to short (sell) this pair back down to the 2.0000-1.9800 range and cancel/replace as needed. Please note this pair currently has a trading consolidation range of 2.0045-2.0900. Depending on your entry expect to ride this wave for at least 400+ pips for this week.
3) #GBP/JPY (Daily) - Last week this pair made a lower low within the 61.8% fibonacci level. Expect an upward movement of about 250-300+ pips from #gbpjpy current position. When given a bullish opportunity at the 132.0-133.0 resistance level plan to long (buy) this pair back up to the 180.50-182.10+ range and cancel/replace as needed. Expect this cookie to rise for at least 300+ pips for this week.
4) #GBPUSD (Daily) - Last the bears scored their first point. For this week, she is still very bearish on a weekly chart so expect some re-tracement but not too much (about 100-200 pips). When given a bearish opportunity take a short (sell) entry on this pair back down to the 1.4690-1.4545 range and cancel/replace as needed. Expect at least 300+ pips profit from this feisty gal this week. Also, because this market will always do what it wants to do and #gbpusd getting closer to its all time low of 1.3480 play it safe with this pair as it gets closer to the 1.4000 price. For now remember the trend is your friend until it bends :-)
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bearish and bullish trend trading opportunities.
3) #GBP/JPY (Daily) - Last week this pair made a lower low within the 61.8% fibonacci level. Expect an upward movement of about 250-300+ pips from #gbpjpy current position. When given a bullish opportunity at the 132.0-133.0 resistance level plan to long (buy) this pair back up to the 180.50-182.10+ range and cancel/replace as needed. Expect this cookie to rise for at least 300+ pips for this week.
Thanks for reading and please be sure to follow me and/or subscribe to my YouTube, Twitter, Instagram and Facebook at caramelnatural82. Happy Trading and Good Luck!
Xoxo, Deuces ;-)
Click link to view my recent stats:Sunday, March 8, 2015
Forex Weekly Analysis (3/9/15-3/13/15)
Hey there lovelies,
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bearish trend trading opportunities.
1) #EUR/JPY (Daily) - Last week this pair officially broke it's inner uptrend line with two engulfing bearish candlestick formations on a weekly chart. This in return gives a strong confirmation for trend direction. Expect a re-tracement of 100-150 pips from #eurjpy current position. When given a bearish opportunity at the 132.0-133.0 resistance level plan to short (sell) this pair back down to the 130.0-128.0 range and cancel/replace as needed. Expect this cookie to crumble for at least 300+ pips for this week.
2) #GBPNZD (Daily) - Last week this pair hit its D extension and quickly retraced back up... Mainly due to the U.S Non Farm Payroll news release. For this week, expect a further re-tracement with a range between 2.0400-2.0500 and a test at that higher resistance level, if held that would be a highly probable level for a short entry. When given a bearish opportunity, plan to short (sell) this pair back down to the 2.0200-1.9800 range and cancel/replace as needed. Depending on your entry expect to ride this wave for at least 300+ pips for this week.
3) #GBPUSD(Daily) - Last week this girl officially made a bold statement that she was ready to go downtown by plummeting a whooping 550 pips, most of which happened within the 1st two hours of the monthly report release of the U.S Non Farm Payroll (<--- note this is one of the U.S biggest reports that guarantees high volatility in the market). For this week, expect some re-tracement but not too much (about 100-200 pips). When given a bearish opportunity take a short (sell) entry on this pair back down to the 1.5000-1.4820 range and cancel/replace as needed. Expect at least 300+ pips profit from this feisty gal this week. Also, because this market will always do what it wants to do and #gbpusd getting closer to its all time low of 1.3480 play it safe with this pair as it gets closer to the 1.4000 price. For now remember the trend is your friend until it bends :-)
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bearish trend trading opportunities.
Thanks for reading and please be sure to follow me and/or subscribe to my YouTube, Twitter, Instagram and Facebook at caramelnatural82. Happy Trading and Good Luck!
Xoxo, Deuces ;-)
Click link to view my recent stats:Sunday, March 1, 2015
Forex Weekly Analysis (3/2/15-3/6/15)
Hey there lovelies,
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with both bullish & bearish trend trading opportunities.
**RECAP** (for GBPJPY, GBPNZD, & NZDJPY)
- #gbpjpy reached it's newest high last week (135.05) and retraced to it's current position. Expect some re-tracement, then a boost upward and a test of the resistance level 186.0 for this week.
- #gbpnzd reached a lower low last week (2.0360) and retraced to its current position. Expect some re-tracement up to possibly the 2.050 range, then a steady decline to support level 2.0320 and if broken further degradation to the D extension or next support level range between 2.0200-2.000 for this week.
- #nzdjpy surpassed it's past resistance level with a full body candle last week. Expect a stroll up easy street toward the D extension or next resistance level range between 91.20-92.0.
1) #EUR/JPY (Daily) - Last week this pair officially broke it's inner uptrend line with an engulfing bearish candlestick formation and is currently consolidating. This week she will test support levels between 133.0-132.50. Therefore, I will expect #eurjpy to continue it's merry way down it's projected bearish support levels, which still falls within the 61.8 re-tracement level of an uptrend ABCD. I would scalp this pair carefully with a tight stop as a short (sell) down to the 132.80-132.60 range and cancel/replace as needed. As of right now #eurjpy monthly uptrend is still intact as long as the 130.0 support level hasn't been breached with a full body candle, but note that #eurjpy has been mading lower highs & lower lows for the last two weeks so a complete reversal could still be looming. Play it safe with this pair until a clearer trend direction can be defined by a decisive candlestick formation OR a breakout (below 130.0 or above 137.10).
2) #CAD/JPY (Daily) - For this week, expect a further retracement with a range between 95.80-94.0 with a test at that lower support level, if held that would be a highly probable level for a long (buy) entry since level as been tested twice within the last three weeks. Look for decisive bullish formation for entry on this pair at the projected test support level. Depending on your entry expect to ride this wave for at least 800+ pips if this pair remains bullish.
3) #GBPUSD(Daily) - Last week the bulls scored their first point at the predicted resistance level of 1.5550 and then retraced. Again, upon opening this week expect more re-tracement possibly another 150+ pips. If given a bullish formation opportunity at either support test levels 1.5340 and/or 1.5200 be sure to take full advantage of her as a long (buy) entry. Beware she may be pretty dicey this week due all the announcements that may try to kill her vibe. So tread her waters carefully....I'm projecting at least another 500+ pips upward from this feisty gal.
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with both bullish & bearish trend trading opportunities.
**RECAP** (for GBPJPY, GBPNZD, & NZDJPY)
- #gbpjpy reached it's newest high last week (135.05) and retraced to it's current position. Expect some re-tracement, then a boost upward and a test of the resistance level 186.0 for this week.
- #gbpnzd reached a lower low last week (2.0360) and retraced to its current position. Expect some re-tracement up to possibly the 2.050 range, then a steady decline to support level 2.0320 and if broken further degradation to the D extension or next support level range between 2.0200-2.000 for this week.
- #nzdjpy surpassed it's past resistance level with a full body candle last week. Expect a stroll up easy street toward the D extension or next resistance level range between 91.20-92.0.
3) #GBPUSD(Daily) - Last week the bulls scored their first point at the predicted resistance level of 1.5550 and then retraced. Again, upon opening this week expect more re-tracement possibly another 150+ pips. If given a bullish formation opportunity at either support test levels 1.5340 and/or 1.5200 be sure to take full advantage of her as a long (buy) entry. Beware she may be pretty dicey this week due all the announcements that may try to kill her vibe. So tread her waters carefully....I'm projecting at least another 500+ pips upward from this feisty gal.
Thanks for reading and please be sure to follow me and/or subscribe to my YouTube, Twitter, Instagram and Facebook at caramelnatural82. Happy Trading and Good Luck!
Xoxo, Deuces ;-)
Click link to view my recent stats:Sunday, February 22, 2015
Forex Weekly Analysis - (2/23-2/28)
Hey there beautiful people,
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bullish trend trading opportunities.
1) #EUR/JPY (Daily) - Last week this pair retraced as expected and went as low as 133.60. Recently EURO experienced some volatility from the crisis in Greece and their request for an extension to their current bailout. Now, that Greece has received a four month probationary extension from eurozone to get their financial situation under control the euro may continue to consolidate. Therefore, I will expect #eurjpy to continue to be indecisive and have more re-tracement from it's current position to the 133.80-132.50 range, which still falls within the 61.8 re-tracement level. Once in position, I would still plan to hold this trade for the long haul & cancel/replace stop & limit positions once new highs have been met if conditions are favorable since the overall trend on a monthly time frame is still intact. Overall I predict this bullish trend to output a whooping 1000+ pips ;-)
2) #GBP/JPY (Daily) - This pair is still showing bullish signs such as an intact up ABCD and inner trend lines have yet to be broken. A friend and I debated the expected trend for #gbpjpy. Upon cross analysis of the weekly & monthly, it was clear that downtrend trend had been broken. He argued that the pair was just experiencing a deeper re-tracement from its original bearish pattern. All I have to say is do what you want in regards to your own intellect, but don't cry for help if you get stuck on the wrong side of the track. For this week, expect a consolidation range of 184.0-181.30, so trade carefully as this is usually the point at which most traders lose the most amount of money. Depending on your entry continue to expect 900+ pips out of this cowboy!
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bullish trend trading opportunities.
2) #GBP/JPY (Daily) - This pair is still showing bullish signs such as an intact up ABCD and inner trend lines have yet to be broken. A friend and I debated the expected trend for #gbpjpy. Upon cross analysis of the weekly & monthly, it was clear that downtrend trend had been broken. He argued that the pair was just experiencing a deeper re-tracement from its original bearish pattern. All I have to say is do what you want in regards to your own intellect, but don't cry for help if you get stuck on the wrong side of the track. For this week, expect a consolidation range of 184.0-181.30, so trade carefully as this is usually the point at which most traders lose the most amount of money. Depending on your entry continue to expect 900+ pips out of this cowboy!
3) #NZD/JPY (Daily) - Last week the bulls scored their first point at the predicted resistance level of 90.0. Again, upon opening this week expect a little re-tracement out this girl but not too much since there are no huge fundamental announcements affecting this pair this week with the exception of the trade balance on Thursday. So she may or may not retrace possibly 100-200 pips.
Hopefully we will see her make her move towards the projected D extension or future resistance level (somewhere around 91.50-92.0) range). Although, without some huge event giving her a major boost I'd expect nothing more than snail race towards the D. She's expected to be keeper for at least 500+ pips. So don't let her go so easily...
Thanks for reading and please be sure to follow me and/or subscribe to my YouTube, Twitter, Instagram and Facebook at caramelnatural82. Happy Trading and Good Luck!
Xoxo, Deuces ;-)
Click link to view my recent stats:Sunday, February 15, 2015
Forex Weekly Analysis (2/16-2/20)
Hey there beautiful people,
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bullish trend trading opportunities.
1) #EUR/JPY (Daily) - I believe is still very bullish, but will expect some re-tracement from it's current position to the 134.0-134.90 range. I would definitely plan to hold this trade for the long haul & cancel/replace stop & limit position once new highs have been met (149+ range) if conditions are favorable since the overall trend on a monthly time frame is still intact. If & when an opportunity is found on this pair, I will definitely surf this bullish trend for a possible 1000+ pips ;-)
<------- Also note the ascending pennant formation of this pair as a good buy signal
2) #GBP/JPY (Daily) - Expect further re-tracement to pass support levels this week, possibly another 100-200 pips 182.5-181.30 before continuing on with the bullish trend. Depending on your entry expect 900+ pips out of this cowboy!
3) #NZD/JPY (Daily) - Again, upon opening this week expect re-tracement out this shy girl of at least 100+ pips (possibly a little lower than 87.30). Hopefully we will see her bust a move to a predicted D extension or future resistance level (somewhere around 89.98-91.80 range). She's also expected to be keeper for at least 600+ pips so trade her wisely.
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
Here is my analysis on several currency pairs for this week. This week I will be concentrating on pairs with bullish trend trading opportunities.
<------- Also note the ascending pennant formation of this pair as a good buy signal
2) #GBP/JPY (Daily) - Expect further re-tracement to pass support levels this week, possibly another 100-200 pips 182.5-181.30 before continuing on with the bullish trend. Depending on your entry expect 900+ pips out of this cowboy!
3) #NZD/JPY (Daily) - Again, upon opening this week expect re-tracement out this shy girl of at least 100+ pips (possibly a little lower than 87.30). Hopefully we will see her bust a move to a predicted D extension or future resistance level (somewhere around 89.98-91.80 range). She's also expected to be keeper for at least 600+ pips so trade her wisely.
Thanks for reading and please be sure to follow me and/or subscribe to my YouTube, Twitter, Instagram and Facebook at caramelnatural82. Happy Trading and Good Luck!
Xoxo, Deuces ;-)
Click link to view my recent stats:
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