Thursday Jun 20th, 9:32AM EDT
INO.com Traders Blog
Expert Charts, Trading Tips and Technical Analysis from INO.com
MarketClub's Trade Triangle technology just flashed a sell sIgnal on the U.S. Dollar vis a vis the Japanese Yen at 93.56 basis the spot market.
OK I bought FXY and now it's down almost 2.84% : (
I'm a subscriber over in Asia. Saw this blog entry early morning today at about 9:00am. Received the email Alert only at about 11am. There is a minimum delay of about 2 hours (not including when the blog entry was posted while i was still sleeping). Settings for Alert is "Daily Triangle", "Once A Day" for this CCY. 2 hours delay for forex is not good... and my mail server is working ok. Kindly advice if Alert setting is wrong or else please look into this potential money pit delay. Thanks.
Thank you for your feedback. I'm not totally sure what happened, but I do know that we are working diligently to improve our alerts. Sometimes this can be on our end other times he can be on the receivers end. And in between that we have the Internet.
We value your business and your feedback and rest assured we are doing everything we can to constantly improve the MarketClub service. Look for some major new additions and improvements to come in August.
All the best,
You can go long the yen by buying FXY (CurrencyShares Japanese Yen Trust (NYSE))
last week it looked short at 94ish since it was resistance after a short term bounce per Adams video. looks like this is panning out quit nicely.
I dont want to see it happen but I think the dollar index, at the minimum, goes back to the lows then breaks into new low at which point they are gonna declare a bank holiday, "crisis" or something along those lines and it could happen very quickly, say within 3-4 months.
I hope everyone backed up the truck on gold and if you did not, do it now before it jumps into new high.
nice information, but it should have information about how to take advantage of this swing... ETF, or what ever.
Thanks for the flash news.
All the three triangles (M, W & D) have triggered in the price range of 94 and 93. This indicates the trinagles are still nacent and so strong.
I go short on it (USDJPY).
Will you follow the flow of this market all the way to the end (exit) and comment regularly on this pair? (Sure I will be following it as I hold position in it).
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