Good morning traders, let's attack the markets! Here's my thoughts and charts.

in #money7 years ago

pixabay-eye-1363161_1280.jpg

Good morning traders! the summer lulls are over and something is always going on somewhere. So, whats up?

  • 'The Wolf of Wall Street' Jordan Belfort thinks bitcoin is a fraud TheStreet. Mkay...
  • Something nasty is shaping in Middle-East after Kurdistan "Yes" vote to independence ZeroHedge
  • And now the good news! Jon Snow is marrying Ygritte! :D Kit Harington and Rose Leslie, who played lovers in Game of Thrones, announced their engagement. Congrats! Reuters
    jon_snow_hed.jpg
    Img from Mental Floss

So let's check some chart's, eh?

BTCUSD is ripping, would be wise to take some profits along that upper TL
btcusd were ripping taking some profits along that tl.PNG

STEEMBTC woot woot, do we see some signs of life?
steembtc wooo signs of life.PNG

USDJPY daily. Strong resistance
usdjpy daily strong res.PNG

EURJPY and the wedge goes on. Do you remember that EURGBP wedge going and going until insanity and then dropping like a bomb?
eurjpy wedging still can easily push much higher.PNG

That's it from me, no up to you to make use of these charts and make some pips/coins. Good luck everyone!

Title image from pixabay

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Nice charts. I got out of my long USDJPY trade at 112.61 yesterday. 112.8 is the .786 retracement of the move down so i was expecting some resistance at that level.

Have a USDJPY buy order at 112, might move it to 111.6 (61.8 retracement) depending on the price action. US data just out was decent though, so let's see.

Good luck!

What you think , is it bitcoin a fraud?

Definitely not, cryptos are the future. You should read the fictional post (about saving the newspaper) i linked to in my today's post.

I just posted a EUR/JPY long trade and then I come here and see that wedge you have.

Uh oh... :P

hehe, i'll clarify a little, i'm thinking this wedge will keep running for while. i hope it gets as insane as the eurgbp recent wedge or as crazy as the decline in eurjpy in spring. and then boom! :)

When you have 1 Steem and think it will go up to 100$
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what? 1 steem is going to be equal to 100$?

Don't know about $100, but historically it has been at $5

steem100.PNG

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Thanks for sharing :-) @furious-one I am following. Best of Luck !

Best of luck to you too!

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