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Gold & Yen's Perfect Desert Storm
Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
Do you expect on DXY to pass 78.4 this time or will return from there again ?
Like the song says, you've got to know when to hold 'em, and know when to fold 'em....
It's all too easy to get it wrong, either way. (I certainly have).
Good luck all next week.
fortunately he didnt follow my advice
bad counting in last wave.
was expecting 1.64 but 1.6357; it all depends how much u are willing to lose in a trade, in that case 97 pips thats a lot but if he can support wihtout being busted.
sure simao didnot follow my advice, he would have answered,
1.61 target hilghly possible meaning it will become support
Seems to be finding support around there, at least for the time being, but the tide seems to have turned somewhat
Any possibility CPI supports usd/jpy