Central banks exist for one reason, to extract value from productive people and funnel it to government, that is it, no more no less. This is the lens through which I view all central bank statements, today was no different! The rule of thumb is, run a mile when a central banker says he wants to help you.
Posted in: Elliott Wave Analysis,
I hope some of you took that Dollar Yen opportunity yesterday, If so move your stop to a protective position now, let the market take care of the rest! Todays trade was a 'hurry up and wait kind of day! The spent a whole lot of time going now where. That might be a signal that market is gearing up for an impulsive move. One thing is for sure this quiet will not last.
Posted in: Premium Elliott Wave Analysis,
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