We could head higher, sure, but the pattern is definitely not a cup and handle.....there's no cup, there's a series of jagged lower, lows, followed by a retracement.

EURUSD

Euro isn't finishing positive......neither is GBP they have to close about 200 pips higher each, why not AUD? lol. I think people have placed too much stock on Australia as a Chinese proxy.

AUD/USD

Not sure, I looked back historically, most last days of trading of the year are risky assets up, which means you'd be flat wrong. However, if you're scalping, it's a good bet you can get some pipperinos in there, somewhere

EURUSD

[quote=orzels;5254519] You mean DM? not euro.........

EURUSD

I'm considering a SHORT here, with 1.0135 buy stop - target aims for 1, and then .995

AUD/USD

Major bounce factor! That support is something strong, but what will the catalyst be for an uptrend. Remember, before in down S&P days, USDJPY would be lower, now in down S&P days, USDJPY is higher! I'll be surprised if we break 77.5 or 78.5 by Jan ...

USD/JPY Discussion

Sell Sell Sell! You guys gotta realize, in today's age, closing out all positions for year end losses/gains takes 2 seconds literally. Why sell early when u can wait until now. This is the first real shot the US market has had to take profits in my ...

AUD/USD

There's not one main course in any economics college program that has taught about the inverse relationship between USD and its Stock Market, the S&P and DOW. The dollar selling off on good news, especially US good news baffled me at first, because ...

AUD/USD

at the same time, Brics has BEEN the ONLY growth story for the last 2 years of any significance, and lately I've been seeing much more negative press, and economic data out of those areas. Brasil, still on fire, but approaching a peak with lots and ...

AUD/USD

Yeah I had a long set with a break even profit LIMIT on the NY close.......shoulda taken it off...oops

AUD/USD

We just broke 1.0150......So now what?

AUD/USD

Hey........the .1 lots..........that's just stupid lol, maybe he was short a 12 pack of beer to celebrate his winnings. haha. I actually do .01 lots, for some test trade ideas.....just to see what would happen if my conviction is low and have some ...

EURUSD

There's a definite difference between slowly taking your trades and squeezing out a probable edge.....trading 20 times and winning 15 out of 20, or even 10 out of 20 but for more pips, and Winning 10 trades in a row with 100:1 leverage and thinking ...

EURUSD

I'm still watching it Breakout coming!

USD/JPY Discussion

Yes! THe market loves loands, and so more loans....yay? lol. THe banks decided to borrow double than what they expected.....and really why wouldn't they....If somebody offered me UNLIMITED euro loans at 1%......I'd take them up on their offer too, ...

AUD/USD

Going short, selling more....balls of steel guys....that's how you have to do it. What's the reason Aussie is going up eh? Same reason it'll be going down.

AUD/USD

breakdown and it's .990

AUD/USD

Today was a HUGE risk on day with manipulation, AUD cannot be held this high.....it will fall back to the 90's, easily 95 again by february, mark my words.....

AUD/USD

Yawn, another day, another 10 pips up and down lol. I took profit, saved 5 pips and got back in.........I wish i woulda waited..Gap up monday lol.........

USD/JPY Discussion

you're talking strictly technicals and ignoring the fundamental pressure to keep yen weak right?

USD/JPY Discussion