Does any body see one more small run for the dollar today setting up an ending diagonal?

EURUSD

The best market approach for time like these, video

Technical Analysis Fallacy

Looks like a small base has formed ( shadowed in gray) for a retracement. Looking to buy Euro from just above the top to midpoint of the base. Targeting the larger prior broken rage bottom (retest) around 5280, some profit could be taken at the ...

Morning Coffee Studies

Good point, but wouldn't that indicate transfers off hours intrabank. There are platforms that allow trading over the weekends albeit large spreads. I have always considered gaps when an instrument opens at a different price the next session when ...

EURUSD

let's see what happens here

EURUSD

There are no real gaps in the forex market as it is a continuous market 24/7 , now there my be a gap on someone's chart because the platform or broker is not open for business and there are times of inactivity over the weekends, but for price to ...

EURUSD

First Euro has to break 1.5 and the resisting channel

EURUSD

It's tough to predict initial supports in a free fall, but one would think that the old boundaries of the 11/07 2/08 range should give a bounce

EURUSD

The article in Bloomberg, everyone is all over the place from 1.45 in January to 1.61/2 in October, guess if you put faith in them we are in for a roller coaster. url

EURUSD

Look for a base to form once this channel is broken

EURUSD

Look for price to return to it's Friday close, the sell off can continue, but it will more than likely happen in the Asian or London sessions. fwiw

EURUSD

Looking back at the Euro, at the moment, how far up does the Euro have to retrace to resume the uptrend in this current time frame? For the base to form the impulse wave will stall, a retrace will happen then a retest of the bottom. From here it ...

Morning Coffee Studies

Reversals happen in one of twos ways, either failure or non failure of the move. And result in either a reversal trend (price doing a 180) or reversal consolidation range ( in here we find our triangles, flags, pennants, ect...) each are traded ...

Morning Coffee Studies

Call it what you want, either we are in a correction for the Euro, or in a new down trend for the dollar, but what confirms the initial view is the breaking of the last support/resistance turn level. Here it was the 5280 range bottom. In an uptrend ...

Morning Coffee Studies

Timber! — Just some thoughts about how this week ended. Looking at the Euro, it doesn’t take a rocket scientist to see that it’s a stampede, large Euro dumping and stop running resulted in a parabolic drop blowout once the 5280 level caved. ...

Morning Coffee Studies

on the sides. They were sweeping I'd say, but that would have to be some money behind it. Looking for a level with some big stops. Will the market be able to rebound back and take out any highs????? Dont know but i'd say back to the 5300 neck line ...

Technical Analysis Fallacy

somebody big is showing it through the levels

Technical Analysis Fallacy

If I would have stayed short, it would have been a banner day! Had 2 chances to turn on wind after committing back north , But i didnt, yes lots of trades trying to find the bottom, she ran south all day. Broker and me we both made $ and for the ...

Technical Analysis Fallacy

You wanna trade E/$ look at the Euro/Dollar chart, everything is there.

Technical Analysis Fallacy