EURJPY on weekly looks gorgeous

15 בינו׳ 2021

P.S. Look at this chart and ask yourself: do we see Coronavirus anywhere on the chart? Do we see Trump, or Biden, or Fed decisions anywhere? Do we see Brexit or China trade wars? We can see none of this there because it cannot be there. The market is a nearly autonomous mechanistic system that produces price action from human greed and fear, and all the rest happening in the real world, the events and decisions, are to a large extent influenced by the current market mood and not the other way around.