Great day and thank you for your time, ok if you if reviewed
my previous blogs you know I was train to be a Sterling Bull, which doesn’t
exist anymore. Sterling is fallen victim
to lack of true conservative leadership politically
& thru economic’ models, additional failure due to BREXIT & last by not
least, the model of the hedge fund!!!
Short bias Hedge Funds have destroyed Sterling, furthermore many of the
Sterling investors seems to be supporting the Euro and or the Swiss Franc (JPY
is the new safe haven). If you’re not
great at hedging, don’t trade Sterling, well you may choose to trade it
fundamentally (news, etc.) Normally I
offer detail technical information for a Sterling pair, example GBP/USD or
GBP/JPY however, Sterling lack of effort in 2018 basically didn’t change my
support and resistance levels from the previous blog which covered 2017!!! Not to be rude to anyone reading this post in
2019 which covers 2018, but you can review the previous year blog and get all
the data & advice you need for Sterling & additional pairs, it still
applies for 2019!!!, why?, the hedging, hedging has taken over!!!! Reducing major traditional directional trend
patterns to range patterns!!!!!
The Forex Market is being controlled by the Hedge Fund
Methods, individuals to the 1% are Buying & Selling at the same time!!!!,
traditional technical methods offer less correct support & resistance
results now… Fibonacci Pivot Points
& 200 M.A. tracking on all time frames seems to be still highly useful, but
higher time frame support & resistance levels, Bollinger Bands, etc., don’t
apply or apply less than before, the market is Hedging at any technical price
level or price now! RANDOM is the best
way to describe price action in this generation!!!!
Many individuals of the last twenty years
globally have become financially wealthy because of the great Market System; it
appears that the “Powers that Be” are redeveloping the financial markets from
its historical patterns, traditions & methods, changing or decreasing the
odds of financial wealth by means of the financial markets for individuals
worldwide. Finally it should be known,
hedge fund brokers or brokers who use hedging methods from an aggressive point
of view, don’t want to withdraw customer profits as fast as traditional
brokers, so trading for income is more of a challenge, the hedge fund broker
wants to release profits less frequently, if at all… I
will offer some pairs to trade; long-term trends will develop Bullish in 2019
MID-MARCH TO JUNE, LATE AUGUST TO EARLY NOVEMBER:
(EUR/JPY) (EUR/NZD) (EUR/CHF)
(EUR/CAD) (((EUR/GBP))) (CHF/JPY) (NZD/JPY)
**(CAD/JPY) **CRUDE OIL/RATE INCREASES ARE MAJOR
FACTORS.
The JPY crosses have been very bearish, however I don’t
think the strong JPY will continue, President Trump’s time is actually coming
to an end & a run against the JPY is overdue… China’s influence in the global Tec. markets
is a bull for JPY. strength, so earnings reports of global tec. companies is
now a must focus when trading JPY crosses. (Timing of release of earnings
reports in Tec. industry)
I still think the GBP/JPY is a great pair to trade if you’re
in the demographic too trade Sterling (((regulation policies))) however you
should consider, hedging methods just as much as any other technical method,
think in probabilities or from a RANDOM point of view every single trade. (Range
trading not trend trading)…
If you have any question or want detailed data about a
particular pair, contact me anytime, TAKE A MINUTE & REVIEW MY PREVIOUS
YEAR BLOG FOR DETAILED DATA & EXCELLENT TECHNICAL ADVICE!
Finally contact me if you’re interested, for excellent
Account Management of your funds for additional income.
Much gratitude: review my published book: “SPEED OF SPACE”
(www.createspace.com/3597011)
Mr. Gregory C. Johnson, Jr.
Slat/Scalping/Swing, Chief Currency Trader
Facebook.com/speedofspace
Facebook.com/kollybistes23
Email: idominatefx@gmail.com
Phone: +251988734171
(Currently traveling in Ethiopia Africa)
