F
fibo_trader
England here in this video but the same stuff goes down in the USA and all over the world
Slam Dunk! The magnetic pull of the 200-pd ema never fails to give joyThe magnetic pull of the 200-pd ema (green) is huge.
USDJPY ................... Amazon Forest view (= daily = waaay too large a timeframe for T2W)
Weakness seen towards the Top on the red uptrendline. If/when broken USDJPY will go down to the 200-day ema (green). See how nicely USDJPY is being held at FIBO's levels in white? 3 upwaves are completed or near completed for the rally on right edge. This is the signature of a corrective wave. If the rally continues and goes into a 5 wave move then its nolonger a correction and we could take out the top and be on our way having then rejoined the Primary Trend (UP)
But we must consider that the 3-wave upmove is a correctionwhich if correct will generate a C-Wave down fast and furious to complete the pattern! In this even targets are
107.626, 106.77, 106.295 (C=A) ...... if we get down past 106.295, I will bring up those targets then at that time.
View attachment 300311
Hey guys ................... keep in mind that the move up up up from last week at right edge of screen might not be over yet as it appears there are only 3-upwaves on 1H. So we might go a tad higher to complete the 1H 5-wave move. See 1H chart below. See the red downtrendline? If that gets taken out, it will confirm that a 5th wave was needed as I suggested.
We wait and see
View attachment 300312
The gang of buddies is frantically raising more cash by liquidating other investments so they can put it into the USDJPY trade in their own accounts and are waiting for my WORD trigger command. Even the chicks are merciless. They all made a bloody fortune on Wave 1 up of USDJPY, but now they are parabolically more greedy.Don't believe a word I am saying. See next post for WHY? WHY? WHY?
He will be back in oblivion in Omaha, Nebraska not to be heard from again ........................ back on the chain gangNext billionaire in line to take it on the chin to the doghouse is Warren buffet ................
in line with Law, "the harder they came-d the harder they fall, one and all"