Tag Archives: yen Direction

What Traders Should Focus On In 2013

We see the two most important market developments in the New Year as the United States now being well on the road to energy independence, and a bear market for the Yen. Both will have long range implications for commodity and financial markets. The U.S. Energy Industry The amount and quality of crude oil being [...]

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Yearly Trend Shift for USDJPY

There is no doubt in my mind that the cause of so much grief and loss by retail account holders comes from having little or no experience in investing let alone trading. And by trying to make decisions on lower time frame charts without proper training.   The ability to delay gratification is essential…and there is no substitite for patience in [...]

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Critical Levels Hold in EURUSD & AUDUSD on Friday

Price flirted with significant support on Friday, even trading below it following the higher than expected U.S. jobless numbers, before recovering slightly to keep the current weekly trends higher for EURUSD and AUDUSD. A breach of the current bull trend lines in place would threaten the pattern of higher highs and higher lows in both [...]

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