Recent content by Ghost Ring

mu200411, What do you think about USD/JPY? seems like a 4th wave triangle is done and a 5th wave up has started. Here is another guy's analysis that has been spot on for months. He's thinking 110-125 is a target range just ahead. I know EW has multiple avenues, I'm curious if you may have...

The past couple months of consolidation is looking like a bullish triangle. It obviously need to stay above 3.20. With a break out above 3.37 it seems to me that 3.70 or even 3.90 would be first target in a run up. JMO.

Thanks for the charting, I can appreciated good EW counting! The EUR/USD is also near the long term Fibonacci 61.8% retrace level of 1.3833 right now. maybe that will add some resistance. coincidently USD/CHF is also testing its own long term Fibonacci retrace level of 38.2% (8860)...

I'm new to the ACD method and still learning. I'm glad I found this thread! Good info here. The other method that I am using for swing trading still have me long the Euro, Aussie, the pound and swissy. More downward moves in the USD are looking likely. What do you get for a weekly or...