Thanks for the warning G550, but I was only referring to his charts. I think trying to trade news and fundaments is like studying tea leaves. That's my take on it anyway since determining what information is reliable vs. what is spoon feeding to the public to go the wrong way is hard.
I think his charts are very good, i'm not really sure about his wave counts sometimes however.
Cheers.
FxKos
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Originally Posted by G550
Take everything you read with a grain of salt unless it is done by a known and reputed trader. Jamie Saettele does tons of analysis for the purpose of publication. I read DailyFx a lot for the news and stay connected to FX and I've seen many of his posts. While I am not saying you should ignore his analysis (always do your own; just because he is published online does not make him good), do tread carefully. He's been wrong a number of times.
The USDCAD channel and count has been discussed here before I believe. Not in reference to his analysis, but others on here have done their own analysis on that pair.
Either way, good luck. |