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- stringfx replied 6 hr ago
i want to believe that the next wave up is wave 5 to 2500 ++
- stringfx replied Jun 29, 2022
I got a green bar on awesome today. Now to wait until end of day to see if the bar will remain, if it does, i will sell gbp/usd, nzd/usd and buy usd/jpy a whole lot.
- stringfx replied Jun 28, 2022
On that note this is my DXY chart that i am following, this is purely technical speculation, so i know the fundamental geeks will have a problem. I have a green on my accelator and waiting for a green bar on awesome.. plus 38.2 fibs (although early ...
- stringfx replied Jun 28, 2022
Yes you could be right . on weekly we can see a good divergence forming on RSI. it could go down for a 1000 pip to 126 for a correction. but there is still a 100 pip to the upside... why lose that :-)
- stringfx replied Jul 24, 2021
Hi, This is my view for this week . According to me, Dollar strength is not yet over. Most probably this wave of usd index can turn down this week for the much awaited B wave. I was expecting some buying in other currencies and selling in dollar ...
- stringfx replied Jul 19, 2021
Check this chart. This view looks promising.
- stringfx replied Jul 19, 2021
EID Mubarak to all the Muslims in here .... A lot of consolidation is taking place on H4 and D1 timeframes pertaining to EUr/usd and USD index. Those of you with Macd 5,35,5 or Elliott wave oscillator would have seen a wave 5 completion in h4 of ...
- stringfx replied Jul 16, 2021
The B wave on usd index has not yet started. so have patience. we are still not sure if wave 5 on daily TF ( up) is over and done with. Once it crosses the 4th wave of the 5th wave, we can be sure. there has been a lot of consolidation from the time ...
- stringfx replied Jul 6, 2021
Gold in my honest opinion has also reached some resistance for the time being. but this is a beast and be careful trading this. i am going to wait for this to come down to take a buy from 50% retracement onwards. i don't want to sell this for the ...
- stringfx replied Jul 6, 2021
At this moment in time, if you notice, although dxy has hit the 161.8, eur/usd has not reached there yet. so most probably dxy will be ranging up and down in small phases, so that euro can get to 161.8, maybe some fundamentals also can help, i ...
- stringfx replied Jul 6, 2021
Dxy seems to be moving down nicely. On a 15 minute chart, we might be hitting some support now. so i have taken out some profits and will wait for some higher prices in dxy to get in again. 92.20 is 38.2 i will try to get in somewhere there and if ...
- stringfx replied Jul 3, 2021
Still same view - Yes, because as said before, we are on a correction uptrend in DXY which is inversely correlated with Eur. I am quite positive that the A wave of the dxy correction is over with that huge 4 hr candle down during NFP, so that means ...
- stringfx replied Jul 2, 2021
well, it seems like dxy could not reach 61.8 as mentioned in the last post. it was satisfied with 38.2 extension . Now i am pretty sure this is a B wave going down to 50%. The only thing about B wave is it's unpredictability . seems to have around ...
- stringfx replied Jul 1, 2021
I don't know if i am stupid, i still can't understand the exact message you are conveying with this chart and explanation. Can you start from the top of how to use this tool properly and what can we achieve in terms of trading whether it's ...
- stringfx replied Jul 1, 2021
Since this is a Thursday and NFP is tomorrow, we might not see a 61.8%, but not impossible. 38.2 is only 15 pips more, There doesn't seem to be any resistance in that spot (38.2) from previous levels, and there is ISM manufacturing ...
- stringfx replied Jun 30, 2021
In my honest Opinion, DXY is in a correction to the upside with an Orange wave A-B-C to around 96.20 (give a few 15-20 pips). Currently on a 5th minor wave of orange A wave. Most probably it will correct to B wave during the NFP and when everyone is ...
- stringfx replied Jun 27, 2021
Net positions of USD has flipped to the short side since 15th June as per COT data, and there seems to be accumulation in EURO with the same data. So it seems there might be another minor push down in eur/usd and then a massive push up after the ...
- stringfx replied Jun 4, 2021
Who gave you the idea that stock market is crashing. If you are seeing the recent dip on hourly chart, then that is only a retracement. I am speaking on a daily TF level. Lets think about it again after seeing these charts ...
- stringfx replied Jun 4, 2021
My Take on Gold Gold has been on an uptrend from march 1st week 2021. If you check these charts, it could give you some clue as to the next forecast on gold daily. The waves have made a couple of 1-2 1-2 and then did a 3rd wave and now has declined ...
- stringfx replied Jun 4, 2021
My take on today's NFP. although ADP came bullish, i am expecting the US dollar to crash technically. ( i may be wrong and have been a lot before). It seems like we are in a wave 3 with some 1-2 1-2 waves. if this rally crosses 90.89, then i am ...