Tag Archive for: Japanese yen
Factor Update, January 7, 2018
/by Peter BrandtFactor Update, September 3, 2017
/by Peter BrandtFactor Alert, July 25, 2017 — A turn in the U.S. Dollar?
/by Peter BrandtTopix (and Nikkei Dow)
/by Peter BrandtContinuation patterns continue to develop in the Japanese stock market indexes. The Topix Index traded in Osaka (TSE) displays a 12-week continuation rectangle (Mar 2 was an out-of-line movement). While the measured target in Topix is 1633, a swing target of 1775 is possible. Read More
Factor Update, March 5, 2017
/by Peter BrandtCorrelation of Japanese Yen with Gold
/by Peter BrandtGold Yen Correlation
Conventional wisdom has been abuzz lately about the Gold Yen Correlation. The two charts below are courtesy of my friend James Cutting of Nautilus Capital. Indeed, on the basis of a 63-day Gold Yen Correlation (I have no idea how James determines these time periods) there is presently a .85 correlation between the two markets. The second chart in this series shows that since 2013 there has been a fairly consistent correlation of at least .50 between the markets. Read MoreFactor Update, February 12, 2017
/by Peter BrandtFactor Alert, November 16, 2016 — Japanese 10- Yr JGB
/by Peter BrandtYen Chart – Textbook Market
/by Peter BrandtYen Chart – Textbook Market
The Yen Chart is a textbook charting market – it has a long history of providing very reliable pattern signals, as shown on the weekly chart dating back to early 2011.
The advance on Oct 4 appears to have completed a possible 16-week symmetrical triangle bottom – remember that the symmetrical triangle pattern is far less reliable than horizontal patterns such as the H&S, rectangle and right angle-triangles. In order to be confirmed, a breakout of a symmetrical triangle bottom needs a decisive close above the last intermediate high in the triangle – marked as point #4 at 104.32 on the daily graph. A confirmed breakout on the Yen Chart would have a minimum target of 109.
.
Factor Membership
Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:
View your Factor Member options here.
You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work. Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about. For more information watch my 30 minute webinar where we cover the Factor service in depth.
I hope you will consider joining the Factor community.