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    • Temujin replied Nov 5, 2015

      NFP expected to be good. One little media overkilled rate hike that is already priced in for weeks now is not going to kill this holiday season rally. ECB program in full swing to get that inflation going in Europe. China syndrome has been quashed. ...

      Dragon Riders GBP/JPY
    • Temujin replied Nov 5, 2015

      Well the technicals have not changed but the fundamental drivers have been completely altered. Still believing a rally could occur from tomorrow until Dec. Sure could. I could see 190 in 7 weeks and there would be nothing anybody could do about it.

      Dragon Riders GBP/JPY
    • Temujin replied Nov 5, 2015

      Wait, wait, wait. North for years now? How could the Japanese afford to buy anything? Even AUD/USD with the RBA's aggressive rate cutting has to find some kind of limit to the exchange rate. See Raider it has been years, This started in 2012. ...

      Dragon Riders GBP/JPY
    • Temujin replied Nov 5, 2015

      Are we not in a long and greater downtrend with this as the big upward retrace? 2014 when all the tail winds were there it was an uptrend. Even FX Ray is only buying until 188. The 2014 high was closer to 196.

      Dragon Riders GBP/JPY
    • Temujin replied Nov 5, 2015

      So far we have the Japanese side of it that is no good. Now the UK side of it is bearish also. So to me 7 more weeks and there won't really be a reason to buy stocks this high anymore. Black Friday sales and Christmas all done. That will be the 3rd ...

      Dragon Riders GBP/JPY
    • Temujin replied Nov 5, 2015

      I'm not an Elliot Wave guy but even I can see 3 perfect waves on the H4. So 2 more waves up to go? Comments have been corrected to look for an increase in November of 2016 according to Carney not 2017. So only a year out. Nothing imminent like the ...

      Dragon Riders GBP/JPY
    • Temujin replied Nov 5, 2015

      Wow, the BOE hinted that they can keep interests rate increases on hold into 2017 even! This along with the BOJ holding it's fire on OCT 30 means GBP/JPY has been walking past the solid cliff footing and treading on air for a while now. I've been ...

      Dragon Riders GBP/JPY
    • Temujin replied Nov 4, 2015

      Just a few years ago even If a company was not going to be profitable for the next year it did not matter. You could not sell this market. The Fed injected 15 trillion into this economy and credit exploded with cheap money everywhere. This market is ...

      Dragon Riders GBP/JPY
    • Temujin replied Nov 4, 2015

      No problem, I know only a little. Too many weeks ahead of us until the years end to just keep going. Can retrace here to around 185 then blow out all the shorts in the next 7 weeks. Bad Blood said 192 for the ultimate top this year.

      Dragon Riders GBP/JPY
    • Temujin replied Nov 4, 2015

      There looks to be a retrace coming. Sell from 186.90 is more than 24 hours old now. Becoming more profitable. For Me David Einhorn hands down. Can take the financials of any public company and pick it apart piece by piece. Went toe to toe publicly ...

      Dragon Riders GBP/JPY
    • Temujin replied Nov 4, 2015

      Haha! I remember it too. Some whispers going around Bear Sterns was not very sound financially sound and the stock experienced a some significant swoons here and there. If I recall it was around $62 and he quelled the rumors by advising people to ...

      Dragon Riders GBP/JPY