Week 04 Recap: “Bears (Red arrow) will show up to bring price to the low of Week 03 (Maroon horizontal line) and then the lower border of the…” Bears were not willing to let the bulls have all the fun in 2012. Nevertheless, bulls and bears both
Read more →Indeed inWeek 04, Bulls welcomed the Year of the Dragon with renewed hope and strength! a) Tflow® Dragon bulls who joined in the run on the first day of the Lunar New Year on H1 pocketed a 245-pip Ang Pow upon reaching the 3rd Predicted Target. b)
Read more →Week 02 Recap: “Price failed to close below this key support level on three attempts in the past week…” My oh my, and what happened after that? Gong Xi Fa Cai to the bulls! a) Tflow® bulls who finally got in their trades on H1 received a
Read more →Week 01 Recap: “With the continued pressure from the state of affairs in the euro zone, is there any hope left for the EURJPY?” The bears have been relentless in the past 10 months. However in the past week, the bulls appear to have woken up.
Read more →Before we could even realise it, 2011 has come and gone. Our beloved EURJPY appears to be heading towards oblivion too, going by its rate of collapse years on end. Our hope of a revival in fortunes of the EURJPY did not fail to materialise in 2011.
Read more →Week 48 recap: “Price failed to close above the low of Week 42,43, 45 (Maroon horizontal line). This is the level to watch. Have we seen the emergence of a bull trap?” Answer: Yes. In short, price resumed its ‘normal’ course… Down! Those waiting for the retracement
Read more →Week 47 recap: On the daily chart last week, we asked “Any Potential EWUS levels? We were looking for strong support levels.” From the lowest point in November, price moved up some 266 pips! Not everyone caught the EWUS of course. a) Tflow® bulls who stuck to
Read more →Week 46 recap: “In the financial markets, history always repeats itself! The same recurring patterns can be seen…” We reminded ourselves, didn’t we? In the words of Binni, “I tell you, I have seen this (type of) pattern many times before one. It’ll go up, touch here,
Read more →Week 45 recap: “Bears (Red arrow) will hit resistance… and bring price towards the lower border of the blue ED channel, thereafter the lows of Week 42/43…” The bears have called the shorts for another week. Once again, all the levels that we had mapped out last
Read more →Week 44 recap: “Bears (Red arrow) will remain resisted by the high of Week 43 to bring price towards the lower border of the blue ED channel, and thereafter the lows of Week 42/43”… Let us just take a step back and admire how this scenario we
Read more →Week 43 recap: “Bulls (Blue arrow) will find firm support … If price succeeds in surpassing the high of Week 43, the upper border will be a likely target…” With the news from Japan coming out early on Monday, the bulls were really let out to play!
Read more →Week 42 recap: “Bulls (Blue arrow) will find firm support at the lower border of the ED channel to continue its climb.” After some tug of war early in the week, there was to be only one winner with the economic news fresh from Europe. a) Tflow®
Read more →Nice support turned resistance. Also, this is the reason why EURJPY stops here. A potential H4 EWUS level. AUDJPY, GBPJPY, NZDJPY are all behaving in similar patterns.
Read more →I would be the first to admit that Week 41 was not the most exciting of weeks for our beloved EURJPY. Apart from Monday, price largely remained in a range. Hence the profits for Tflow® bulls and bears were more conservative; just about 100 – 175 pips.
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