The bears are really struggling in the Japanese Yen. Technical analysis doesn't move markets - conditions do. The COT (Commitment of Traders) mirrors conditions. The JY COT is at its most bullish set up in a long long time. This is why the bears are ...

Technical Analysis Fallacy

Corn is making a nice move up today. Seasonal cycles do have an influence on the market. Its all about probabilities.

Technical Analysis Fallacy

Watch that alien talk. The Roswell incident occurred right here in my back yard. url

Aussie Trading Room and Cartoons Gallery

Aussie specs still way way way too bullish. SELL SELL SELL Weekly speculative futures positioning as of the close on Tuesday in the Commitments of traders report: EUR long 38K vs 27K last week JPY short 68K vs 71K last week GBP long 1K vs 11K last ...

Aussie Trading Room and Cartoons Gallery

Here's an interesting view of cycles. Only based on PA, not time. If you're looking to buy dips in a bull market or sell rallies in a bear market these can be useful tools on any TF. Look for a close at or very near the high of the bar for a sell - ...

Aussie Trading Room and Cartoons Gallery

Oh OK !!! Thought you were hackin on me, there. Good trading, my friend.

Aussie Trading Room and Cartoons Gallery

When the market gets done TANKING, the EWP folks will be back with their new revised EWP forecasts. Happens every time.

Aussie Trading Room and Cartoons Gallery

This is where you go wrong, Mr Scott. I'm only bearish when the COT tells me to be. I can be just as bullish when the COT tells me to be. Right now in the COT - the aussie is extremely bearish while the US Dollar is extremely bullish as is the yen. ...

Aussie Trading Room and Cartoons Gallery

Aussie dollar futures chart

Aussie Trading Room and Cartoons Gallery

Us dollar index futures chart

Aussie Trading Room and Cartoons Gallery

So many waves and waves after more waves. How does one interpret? We've been range trading for a long long time building up more and more energy for a move that very well could be a massive one. We've been stuck in a large trading range set for us ...

Aussie Trading Room and Cartoons Gallery

This is the first time prices have been below the weekly MAC red line since june 1012. Its represents a major failure. Clearly in the bear zone. Will need further downside follow through for two week confirmation (two closes below red line). This ...

Aussie Trading Room and Cartoons Gallery

Next levels to watch is the bottom weekly bollinger band @ the 10200 area. Bollingers are very narrowly contracted on both the weekly and monthly scales indicating a massive move may be at hand. A break below 10200 makes the monthly MAC red line the ...

Aussie Trading Room and Cartoons Gallery

Cycles/seasonals suggest holding shorts at a minimum until march 31 and maybe even until the middle of april. The extreme COT setup also comfirms this scenario. Sell rallies.

Aussie Trading Room and Cartoons Gallery

I figured I'd sit out for a few days. Didn't wanna rub it in too much with DB. He's strangely silent right now. My weekly MAC red line stands @ 10336. I knew it would contain the rally. Next comes the weekly close on friday. Looking for further ...

Aussie Trading Room and Cartoons Gallery

Is there any doubt now?

Aussie Trading Room and Cartoons Gallery

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Aussie Trading Room and Cartoons Gallery

You may be right BUT the extreme commercial COT net short position in the AUD will have to change for the better first. In other words, we're weeks and possibly months away from a resumption of the uptrend. Maybe after the retracement in the yen and ...

Aussie Trading Room and Cartoons Gallery

What happens to the AUD when the yen and euro turn around? The yen COT suggests the downside in the yen is very close to the bottom, the euro is now @ the largest net short by commercials in over a full year (1 yr,5 months). We are near major ...

Aussie Trading Room and Cartoons Gallery

BULLS - come join the horses on the canyon floor. The grass is real good down there.

Aussie Trading Room and Cartoons Gallery