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Alorente replied Sep 20, 2011I´m here !! Nice to know you missed me a bit. I´ve been busy with a work project. Here is the current chart. The RSI trendline is still holding nicely. and the Trix has flashed another divergence green arrow which added to the clear divergence on ...
USD/JPY Discussion
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Alorente replied Sep 16, 2011For the past 6 weeks USD/JPY has been locked in a highly unusual tight range of 1 Yen from top to bottom. Looking back to the past I found a few ranges that oscillate between 1.7 to 3.5 Yen top to bottom. This one is out of the ordinary. A tight ...
USD/JPY Discussion
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Alorente replied Sep 16, 2011It would be highly appreciated if you would take your feud to private messaging. It is very distracting. If others think I am wrong, please tell me and I will keep my mouth shut. Thanks.
USD/JPY Discussion
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Alorente replied Sep 16, 2011Yes. I believe there is a high probability we will break the top channel wall and continue on to over 100 in the next year to 18 months. It won´t be in a straight line. There will be great opportunities for swing trades, but I think King Dollar is ...
USD/JPY Discussion
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Alorente replied Sep 16, 2011Here is the chart this morning. The bottom wall of the channel was respected nicely. So is the RSI trendline. The Trix is still rising, green and nicely open (The distance between both lines is steady, not closing). The only thing that bothers me a ...
USD/JPY Discussion
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Alorente replied Sep 16, 2011Hey friend!! You changed your picture. Was it because I said you looked old? If it is, I apologize. I liked the other one much better. I hope you change your mind...
USD/JPY Discussion
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Alorente replied Sep 15, 2011It´s good to have you on board and get help from you so we can get this thing up to 78. We´ll win together !!
USD/JPY Discussion
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Alorente replied Sep 15, 2011You are getting married... and you are long ...? Oh, sorry, you mean your USDJPY position. OK. Don´t worry. Just hold on. You´ll be fine. Everything is looking great.
USD/JPY Discussion
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Alorente replied Sep 15, 2011Things are looking much better for this pair now. RSI, Trix, Channel, have held and we should be on our bumpy way to 78, with a distict possibility of breaking the top wall when we get there.
USD/JPY Discussion
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Alorente replied Sep 15, 2011Plus, even if it closes there that would be a Doji which would mean a reversal from the downtrend.
USD/JPY Discussion
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Alorente replied Sep 15, 2011[quote=SIgurs;4957957] There will not be a QE3. It is politically unacceptable in an election year. I´ve lived in the US for 33 years. I tell you, there will not be additional Treasury buying until after the election.
USD/JPY Discussion
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Alorente replied Sep 15, 2011I have a short position on the euro since 1.4350. I expect it to continue to drop to under 120 before the end of the year.
USD/JPY Discussion
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Alorente replied Sep 15, 2011Congratulations. You are getting married? You look pretty old in the picture, but I guess us old guys can get married too. I´m 61 and single. How old are you?
USD/JPY Discussion
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Alorente replied Sep 15, 2011The people that just jumped head over heels into the Euro because uncle Bernanke came to the rescue, don´t realize that the real news is the confirmation that European banks are seriously in trouble. It was a rumor. Now it is confirmed. I expect a ...
USD/JPY Discussion
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Alorente replied Sep 15, 2011You´re funny. You´ve made me smile several times already.
USD/JPY Discussion
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Alorente replied Sep 15, 2011The rest of the money is simply going on for the ride. Hedge funds, large forex traders, etc. They will jump on board the runaway trend, but they will be the first to run for the hills when the trend begins to change. That´s why I think it will be ...
USD/JPY Discussion