Loony is actually a complex pair - not related to the dollar index in a straight forward manner - it goes into messy clusters as it waits for the market to go into a phase regarding UJ and CADJPY
the correlation between UJ, CADJPY and loony works best when UJ goes into yen phase - when UJ is bearish due to yen strength it pulls on CADJPYand loony flys north
- YOU THEREFORE HAVE TO VIEW UJ AND DX @ THE SAME TIME TO DETERMINE ITS PHASE, DOLLAR OR YEN
............stuff books don't teach, because they don't know anything about it - find an article anywhere in fx education regarding what l have just stated and post it here from all those highly paid gurus and mentors etc .......... fcukers couldn't lace my shoes ( ASSUMING I AM WEARING SHOES WITH LACES )
-redsword11
the correlation between UJ, CADJPY and loony works best when UJ goes into yen phase - when UJ is bearish due to yen strength it pulls on CADJPYand loony flys north
- YOU THEREFORE HAVE TO VIEW UJ AND DX @ THE SAME TIME TO DETERMINE ITS PHASE, DOLLAR OR YEN
............stuff books don't teach, because they don't know anything about it - find an article anywhere in fx education regarding what l have just stated and post it here from all those highly paid gurus and mentors etc .......... fcukers couldn't lace my shoes ( ASSUMING I AM WEARING SHOES WITH LACES )
-redsword11
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