Well, so far it looks like the professional traders behind the desks of those rogue hedge funds don't see any easy money coming to them......they are not making a move in their quandry.

EURUSD

But,........they could be.

EURUSD

You can not discount the importance of one man, especially the U. S. President. Under the last one (who I think should be tried for treason, if not at least dereliction of duty) federal agencies and regulatory agencies were "asleep" at the least, ...

EURUSD

The reason is hedge funds selling what they don't own, and which doesn't even exist........selling counterfeit stock shares (naked short selling) to themselves at sequentially decreasing prices to plummet the value. They do this after taking on a ...

EURUSD

And which ever way the EurUsd goes, I'd not be surprised to see the professional traders head fake it in the opposite direction first......

EURUSD

Watching the Presidents speach will be watching history....history in the making.

EURUSD

Many thanks to Ak4x for inviting me to participate in this new thread, which I anticipate will become a center for sharing and learning. Already the characteristics of participants' strategies, templates, and temperments is staggeringly ...

Extracted Thread (per thread starter's request)

Yes, and that is a good question, TradeWell. And the situtation is further complicated by not knowing HOW LONG the resultant move off of the Divergence will actually last. Seems like the Bulls and the Bears are on a see-saw here!

EURUSD

I have profited over a thousand pips so far this week, trading in both directions. So, I do not feel I have missed out on anything. Psiholog trades on instinct, and he is cautioning about the resistance around 1.2870, and about the possible "M" ...

EURUSD

Since MACD vs Chart does not support the call of Divergence, if there is indeed any on another indicator it is not getting enough confirmation from other indicators to place much confidence in it. Just my opinion.

EURUSD

Well, I don't see anyone posting a supporting chart. So here is the 1H chart I see, which tells a BULLISH story based on Divergence.

EURUSD

Show me a chart.

EURUSD

It could go either way, but the 30M is showing pattern of higher highs and higher lows. And the PA is coming up out of a Bollinger Band squeeze.

EURUSD

No, it is NOT Divergent.....both TOP patterns decline.

EURUSD

The 4H chart as been showing Convergence (type of divergence) in which the lows have been lower and the MACD lows went higher.....a BULLISH sign. And subsequently the PA has been whipsawing up. Remember, if you see Divergence/Convergence when ...

EURUSD

Bollinger Band Pinch & Fibonacci Extension... — I agree with you. And I believe accumulation is present at the PPZ.

EURUSD

In spite of time of day, this looks strong. Re-entered higher and am targeting 1.2956, based on BB extensions on the 30M chart. Edit: Again, due to late time in session, I am targeting 1.2900 for exit, the 100% Fib. Ext. level on the 30M chart. ...

Sonic R. System

Trade opened and closed. Too late in day to risk letting it run with such a good, quick profit.

Sonic R. System

And these L-H-L's are already in place (see boxed arrows).....

Sonic R. System

Thanks....it is working.

Sonic R. System