Wednesday, January 20, 2016

three days later...

GBPNZD > after large open up-- stop hunt down mon/tues- EURNZD did not...  Since recovered with Strength :)

USDJPY new supply coming in means continued lower prices...  Only validates continued scenario

USD-- Still gaining strength.. GBPUSD leading  the way  Dropping last two weeks... With GBPJPY drop drop and SOON EURJPY ;)

All my VXX was bought under 20> cash and vxx only place to be for 2016 ;)

Also  NZD USD -- count was "off"  Need to revisit  Low Volume move made aanother high ( in blue)  Which just a quick glance makes the new count for USD in a wave 3...Ouch...

That being the case there will be a lot of long holders (Baggers and suckers) on EURUSD at 1.09ish... (glad I don't trade that POS) will we hit parity this year?