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PriceVolume replied Feb 25, 2011After four bull failures and a wedge break, it's about time. Now lets see if it will stick. Looks like USDCHF is the fly in the ointment this morning....needs viagra.
EURUSD
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PriceVolume replied Feb 24, 2011Yep, though you can extend it another peak backward. Zoom out on the 1H and 4H and you will find another resistance trendline. Longing this is countertrend though, so tread lightly.
EURUSD
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PriceVolume replied Feb 24, 2011USDCHF has finally broken out of a wedge, but for the moment it lacks follow through. Limp noodle syndrome.
EURUSD
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PriceVolume replied Feb 24, 2011Hoenig's bailing......doesn't want the blame in the history books? Or, trying to avoid a lynching?
EURUSD
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PriceVolume replied Feb 24, 2011I'm watching the divergence pile up on the 1H for the moment. Waiting to see if a break confirms...
EURUSD
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PriceVolume replied Feb 23, 2011Ok, I'll bite. If this is true, please explain the effect of QE1 and QE2 on the Euro? Not trying to be a dick, but seems that there is proof of longer term manipulation which is possible.... However, I guess it is all in how you define temporary..... ...
EURUSD
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PriceVolume replied Feb 23, 2011I was just thinking the same thing. If it makes you feel any better gator, I had to cut one for -20 earlier today. I spent most of the day sitting on my hands, did a few small scalps north, but it felt like a good day to be largely on the sidelines.
EURUSD
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PriceVolume replied Feb 23, 2011Pull up a weekly. As kill would say, no break no shake. Trendline also at 3758. Back up to the 61.8. I want to see what happens first, but I'm not playing this aggressively.
EURUSD
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PriceVolume replied Feb 22, 2011The difference is that you seem to understand the difference. The majority here do not.
EURUSD
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PriceVolume replied Feb 22, 2011I know a great deal about volume....in other markets. It doesn't exist in this one........some don't seem to grasp that tick volume is due to price pacing.....which can be beneficial in identifying "battle" areas if you such at s/r. But it doesn't ...
EURUSD
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PriceVolume replied Feb 22, 2011Pre-London park job, or turn-n-burn is the question. We will see.
EURUSD