Jason . . . As my Polish ancestors would say about your squat example: Yumski. Back to trading . . . Here is a daily chart of the Aussie . .. If I were not already long EU . . . I would probably be taking a long on AU now with a wide stop. And hey ...

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Hi Smash . . . Master the Markets and this thread are both gold mines. I re-read this thread (especially Malc's posts) almost daily.

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SD - GU - Closed my long . . . New Perspective . . . Good Call! :-)

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*** Fib Zone . . . Copyright Jason aka Pres78 . . . 2011, 2012, 2013

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Hi SD . . . I'm on hold for the moment on EU. It's back at a crucial price range where the sellers absorbed the hell out of the buyers back in June. I want to see which way it goes through this Fib Zone*** before taking a position.

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Fair enough . . . But the longer term trend is up. (This year has seen some good up moves and a double bottom). The mark-down / Shakeout will not last as long (*IF* this is truly strength!) . . . or . . . it will last as long as it lasts. either way ...

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Hello Malcolmites . . . Chart of Pound Futures . . . 12 Hour . . . I'm looking for longs . . .

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After today's action, we need a reminder from the master. Malcolm say Relax:

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Some buying is hitting, but trend change has not happened yet. Patience.

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I feel your pain! I stopped trading the JPY pairs. More power to ya if you can make it work!

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I jumped the gun on that GU short. I should not have taken the first sign of selling. (NEVER take the first sign!) Look at the PA in the overbought region after the trend channel forms. Two hour chart: Points ABC to set up Trend Channel That UHV ...

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Hi Connected . . . . Todd Krueger: Try searching for his name in this thread. You'll see a few posts about him.

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Current take on GU. I've been trading this more than EU because it's been moving better lately. There was plenty of Market top and Trend Change action the last two weeks or so, so I'll just say the BG prior to this chart is weak. If you disagree, ...

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HG be droppin' some truth bombs on us.

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I didn't think that, so no worries. I'm just explaining my reasoning.

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I did. The trend for the week is down. This is the retracement, and sellers are hitting the up move. I took a position when the selling was confirmed. Are you asking why I didn't wait for the next little up move to sell? How could I know exactly ...

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Here is my Thursday trade on EU that I closed on Friday at 2812 for 85 pips. The trend for the week is down, so I'm waiting for short opps. Five marked bars are as follows: 1. Previous lows taken out on good volume - No strong signs of buying or ...

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I put Jason's (Pres78) Fib Zones on UHV bars and watch the ensuing Price Action. Very helpful when I'm trying to ID potential Trend Change. Actually, they work nice for ID'ing trend continuation as well.

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Just a thought . . There's too little chart here. What about the background? Did the background support a short at this time? Are you falling into the trap that used to get me: Only looking at the right edge and not taking trades in harmony with the ...

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Previous SOS from Friday and Monday on EU taken out, with no buyers stepping in. Weakness abounds.

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