Nothing against how you trade. Just mentioning it as another piece of the puzzle. There have been good long and short trades today. Best wishes.

EURUSD only

The best head and shoulder patterns are on longer time frames. Short time frames don't work out often. Even on longer time frames valid patterns fail but odds favor longer time frames better.

EURUSD only

I don't want to take the time and explain Head and Shoulder technicals in depth. You are welcome to do more research about what a valid Head and Shoulder pattern is and what a Non-Valid Head and Shoulder pattern is. There are rules for how patterns ...

EURUSD only

Well the problem is that there is a valid inverse Head and Shoulder on the 4 hrs chart. So I would go with the valid one.

EURUSD only

That isn't valid, the right shoulder needs to be higher then the left, opposite for inverse.

EURUSD only

I moved my stop up to lock in 5 pips. So I'm out. Looking to get long again at 1.3950

EURUSD only

If hr candle closes above 1.1412 ish than there will be bullish engulfing candle and target would be 1.1437.

EURUSD only

Technicals are great but in the EUR/USD you must get into the minds of the powers that move this manipulated market. You need to know what they will likely do and add that to your technical prowess. Don't plan on see 1.1200 this year. The Fed more ...

EURUSD only

The dollar is likely to get weaker. Follow the broad market as long as it stays positive will pressure the dollar down, tomorrow is thanks giving and friday is black friday. The powers that be will want a positive market and down dollar today.

EURUSD only

Looking at the dollar chart provided Moty (thanks) and seeing the behavior of the price action, I believe this will consolidate around the 1.1405 area (10 - 15 pips range ish) Then Eur/Usd will move up. Of course it could end up doing anything but I ...

EURUSD only

That dollar chart looks like it will consolidate and drop further. Anytime you see it drop and hover over a moving average be ready for it to drop and cut thru the moving average. Opposite is true if moving up and hovering below moving average.

EURUSD only

There is a clear trend from yesterday 1 p.m EST and it is up. The trend is up until the lows are taken out from yesterday. I'm just talking trend for today that is in place so far and that trend lines can be drawn thru. You are welcome to short ...

EURUSD only

Hourly is pointing to some more downside targeting 1.1390 maybe more will have to look at it when it gets there. The risk remains to the upside, news events more likely to push market up. I'm looking to get long at some point. Not sure what price ...

EURUSD only

Please look over the 4hr chart carefully. I'm seeing a possible Inverse Head and Shoulder trade forming, Left Shoulder at 1.1483ish and Right Shoulder still forming at 1.1458ish. The trade would trigger with a break in the shoulder line around ...

EURUSD only

I'm looking to see how the 4 hr candle will appear. The market loves to paint candles. Looking at the hourly chart there is a wonderful hammer painted on the board, wouldn't it be nice to see the 4 hr painted in the same way? The chart is art, and ...

EURUSD only

Just seems like the selling pressure just isn't here anymore as I have been watching the price action for the last 2 hours closely. Of course haven't seen a lot of buying pressure either. I would like to see the price be at 1.1408 by 1:00 pm EST to ...

EURUSD only

I think the risk is to the upside, with all the global slow down, US stock market crashing every day. Very likely Fed will not raise rates in December, in fact the more panic in the stock market the more likely they will even cut rates. Just be ...

EURUSD only

Keep in mind 10:00 - 11:00 EST is a reversal period of the day. So high chances it will reverse and move up. Just be aware, that being said if it doesn't reverse by 11:00 then more downside. I've just found that reversals are likely at this time ...

EURUSD only