The New Session Opens with Gap Down....? — url Shows EJ in the 120.30 area!

EUR/JPY

If this keeps up it will open with a gap down from Friday close. I just LOVE the Pompous Talking Heads on CNN and CNBC that mislead the public. To note, In an interview Friday after the close, one of them was asked about the direction of EU for this ...

EURUSD

SDX-SweetSpots....the future — The next step up for this indicator would be to let the user input the last two digits of multiple numbers and have the indicator draw lines at the prices ending in those inputted digits. Having lines at the ...

EUR/JPY

SDX-SweetSpots Upgrade — In response to SDX-SweetSpots being kindly provided previously by another poster, I enhanced it by providing choice of line styles and choice of line thickness for solid lines. I attached the upgrade, ...

EUR/JPY

Here is my hypothesis: Some Big Money insititution (Central Bank trading dept. or some hedge fund) waited yesterday and today for the Euro traders to leave, and then (having loaded up on longs) pumped the price up on high to offload and go short. ...

EURUSD

"...more of the Short covering...." Or, they have pumped it up twice now, high! Make retailers think this is staging to go even much higher next week! Make retailers rethink their short positions.....drive them to buy to cover! And what do you think ...

EUR/JPY

This current pump up on the 15 chart, just in my opinion (and based on the triangle on the 4 hour chart....which the price remains in and this pump does not even take to to the top wall) is nothing more than another greed manipulated run up to dump ...

EUR/JPY

Close Week on Fibonacci Pivot Level? — Look at amost any chart and you can see the price hoovering about this level of 122.83. On the lower charts, the candle pattern is a shrinking cyclical pattern centered on this fib. level. On the other ...

EUR/JPY

Islander, I have been working on adding a "bool" to the indicator....a true/false as to whether or not to show the "sub" lines. But I cannot quite figure it out. One way both the main and subs display, and the other way neither do. I cannot seem to ...

EUR/JPY

The move started on above average volume....during the period immediately before it started to break out from the previous highs. But you are correct in that the run from the breakout to the highs was on falling volume...except for a final volume ...

EUR/JPY

Pivots Indicator Upgrade — I previously posted the Fibonacci pivots indicator "PriorDayFiboPivots.mq4" which was an enhancement to an indicator posted by another member. I have subsequently further upgraded the indicator. Fibonacci levels ...

EURUSD

Sonic, volume iin forex is an indicator that more often misleads than not. I was on the 1 minute chart....watching BOTH the volume surges AND the candle movements SIMULTANEOUSLY. And what I was seeing was a candle that shot up high on next to ZERO ...

EUR/JPY

Current Price & Volume Movement.... — "They" (big boy traders) keep popping the price up from the teens into the thirties.....then volume increases and the price fades down. This pattern has been repeated several times already. It makes ...

EUR/JPY

SDX-SweetSpots Upgrade — Attached is an upgrade to the indicator. Flexibility in line styles is increased. You can select to make the lines Solid, Dash, Dot, or DashDotDot. And when making Solid lines, you can select thickness. Be sure, when ...

EUR/JPY

Short term move up? Maybe to 120.50 - 121.00 - 121.50area? 30 min. chart shows 262% level hit.....normal it could bounce from here. 15 min. chart shows the bounce (also a pivot level) and now a BB pinch forming....price poised to break up (but ...

EUR/JPY

Thank you, sonic, for the indicator .mq4 file.

EUR/JPY

That chart of yours is a very telling one. Do you manually insert the horizontal lines where you feel you should, at the whole and half numbers, or do you use an indicator?

EUR/JPY

Bollinger Breakout — Nice runs in the Asian and Euro sessions. Too bad I went to sleep and missed the last (and unexpected) 200 pips down to 118.08. Bollinger band fib extensions can be very accurate predictors of price areas where price ...

EUR/JPY

Good trading, Sonic. That was a nice move. And yet, there may be another 100+ pips in it!

EUR/JPY

See it? They just pumped it up 200+ pips to unload their longs and take on shorts. And now we may be in for a ride down of 200+ pips.....so they can cash those out for like profits! This (!) is forex. And the value of currency pairs has nothing to ...

EUR/JPY