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Independent Trader at FXA USA. Graduate of De La Salle University with a Bachelor of Science degree in Commerce, Major in Business Management. High School graduate of Don Bosco Technical Institute with an elective technical degree in Electronics Technology. Past employers include Security Bank... More
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  • Dow 30... High, Higher, Highest, Highestest...

    A very, very, very, very... rare event on the 100-point scale on the Dow has happened - not one, not two, but six, yes... SIX scalar points have been created. This means that a very high probability of short-term correction is at hand... AGAIN! Shorts would be looking at the 17K target to a second target of 16,600. Coincidentally, 16,6 is also the 61.8 fibo short-term retracement level for the Dow - coincidence or fate? SEE CHART HERE.

    Dec 02 3:50 AM | Link | Comment!
  • Dollar-Yen Back At Recession Levels

    The Yen strengthened against the Dollar again reaching as far back as 08 recession levels. Its 2nd scalar top is pegged at equilibrium 100. This retracement target, according to its history, has more than 50% probability. SEE CHART HERE.

    Sep 19 11:11 AM | Link | Comment!
  • Aussie-Kiwi Retesting 10% Above Par

    AUD/NZD at 1.10, a key long-term psychological level is again being tested. The formation of the 2nd 500-pip scale bottom last year seems to haunt global traders as direction is nowhere to be found. One thing is certain, as history tells us - that a par-level on this pair has a very high probability of an instant retracement back to 1.05. SEE CHART HERE.

    Aug 11 8:34 PM | Link | Comment!
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