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KristofStockHunter
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CEO and founder of Stock-Hunter.net. I started 4 years ago with trading I went to some tough times but once I learned to understand the trading methodology the world changed for me.
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  • How Long Will The YEN Dominate This Market? 0 comments
    Jun 5, 2013 4:57 PM | about stocks: FXY, QQQ

    The past 2 trading days we saw massive selling in the markets! This sell in the stock markets is lead by the $FXY. Now at some point the YEN will pull back, and this will provide a few bounce days in the markets. Will it remain forever? Probably not! The markets are way overbought and once fear will kick in, the markets will see a flash crash!

    Traders are always scanning a lot off charts to see what you can buy or short. You always try to get multiple factors in your trades! Like these $QQQ charts, if we can see another massive down day this will come into gap fill with the daily 50 moving average! This can be a bounce play for a few days!

    Long area around $71.29 stop loss will be $2.

    Kristof De Block

    (click to enlarge)

    Stocks: FXY, QQQ
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