The chart that follows was created on request by a member who trades currency.
The member wanted a quick and concise chart to monitor the dominant short term
cycles with the major currencies pairs.
At the moment we provide currencies via their ETF symbols (FXA - Aussie, UUP
- US Dollar, FXE - Euro, FXY - Yen, etc). The ETFs are excellent for finding
cycles with their cash equivalents (FXE is the EURUSD, etc), and they are good
for the more exotic crosses like AUDJPY or FXA divided by FXY.
Note: The website's charting engine can chart the AUDJPY as FXA::FXY, or FXA
divided by FXY.
The cycles in the chart were found with our RTT Cycle Finder Spectrum in a
few short minutes.
As you can see, knowing the short term currency cycles is a must for any trading
desk. If cycles hold true this week then we will see more US Dollar strength,
and Euro and Aussie dollar weakness.
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and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides
online stock and index charts with commentary. We are not brokers, bankers,
financial planners, hedge fund traders or investment advisors, we are private
investors.
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