Monday, August 11, 2014
AUD/NZD at 1.10, a key long-term psychological level is again being tested. The formation of the 2nd 500-pip scale bottom last year seems to haunt global traders as direction is nowhere to be found. One thing is certain, as history tells us - that a par-level on this pair has a very high probability of an instant retracement back to 1.05. SEE CHART HERE.
Wednesday, July 23, 2014
Tuesday, June 17, 2014
Yes, there is definitely no other way to describe it. GBP/USD is on a tug-of-war between two worlds - the bulls and the bears. As it is probable that it is on its way to retest the 8000 level, it may also be on the pull-back to the 6000 mark - a strong psychological level which was, in two-and-a-half years, an unbroken territory. This is an exact moment to stop and smell the roses - wait and not rush, because, as they say in the movies, "fools rush in". SEE CHART HERE.
Thursday, June 12, 2014
Tops and Bottoms in the financial market is so radically random and unpredictable that anyone can just draw a horizontal line anywhere in the chart and it will automatically be a top or a bottom at any point in time. By using this knowledge, we made more than 2% per month last year. But don't take my word for it, check it out yourself by drawing a few horizontal lines on a blank piece of paper and superimpose it in any financial chart - stocks, bonds, forex, commodities, etc. - FXA USA... It's All About Numbers!
Sunday, May 11, 2014
Floating at the current rate of $800 per ounce, Palladium quietly creeps up the charts into multi-year territories. But with two 100-point scalar levels untested (500 and 700), this catalytic chemical may soon face a harsh global sell-off totally unrelated to both metals and equities fundamentals. A pure and technical play, indeed. Why, it would be a black swan if it creates another 100-point scalar top. And even if it does, a squeeze-reaction could definitely yield a high probability expectation. SEE CHART HERE.
Tuesday, April 15, 2014
Parity level 1.0000 (aka The Border) of the pair USD/CAD has been tagged AGAIN as the most recent scalar bottom on the 1,000-pip scale at the beginning of the year - 2nd most recent untested scalar bottom, to be exact. With its current level of 1.10, it makes us all wonder if the Almighty Dollar is ready to shoot up to the pair's 1st most recent untested scalar bottom of 1.20 - a 9% increase with a very high random variable probability according to its past history since the '70's. This should be a no-brainer for risk takers, especially on a long-term perspective. But even if it does break the border AGAIN, you can bet that those pro-American traders will be waiting on the other side, ready and willing to raise the red and white stripes (and multiple buy orders, for that matter) to save the locals their precious pride, "The Strong Dollar Policy". SEE CHART HERE.
Thursday, April 10, 2014
Whilst others wonder why the NASDAQ doesn't move in a straight line up, the rest of us do know that, realistically, no such event really exists. What goes up must come down - or at least, partially. That's why the 3% move down today shouldn't worry anyone. It's as healthy as the well-rigged global stock market - take THAT, Mr. Lewis! According to our scalar analysis, the most current untested 250-point scalar level is at 3Gs (that's $3,000.00 for all you politically correct lit fans). It's a 50-50 chance but at a thousand points away, the risk for anyone willing to short this index should be enough. SEE CHART HERE.