Thought they would try build in more of a discount...

EURUSD

Interested in buying from 1.1418 to 1.1413 depending on what value is doing at the time. At the moment it is building to the long side.

EURUSD

Most probably the ECB. Draghi will come on later today and say that the market miss read his comments yesterday.

EURUSD

Risk Off at the moment, you want to be short off top edges.

Dragon Riders GBP/JPY

Pivots originated during the time of the floor traders. They where mainly used by Bond and GC traders not really in the currency markets. They are still used as reference points on those markets. The institutional traders do not use Fib ratios.

Dragon Riders GBP/JPY

Its been risk on from before the open. Asian equities and S&P futures where bid. GC sell off apparently due to a large 20k sell order

EURUSD

Risk off sentiment in the markets today. You will want to be sell side only on GJ

Dragon Riders GBP/JPY

Hi John Sorry I should have elaborated more. Yes the 30min bar was on higher volume but within the bar you can see it comes down on high volume and then buying pressure comes in. The 30min bar is the bars in the green box. image The volume peaks ...

EURUSD

Take a look at market profile in line with supply and demand (volume) and you can see what probably should happen next. Fridays market ended with a very strong close and has a bullish shape. The area within the red box is value, this is where the ...

EURUSD

Maybe later into the next volume cycle coming into NY open. Will have to look at the shape of the market in terms of Risk On/ Off, Flatteners / Steepeners, value and the Vix.

EURUSD

I am short at 1212. Some value to the downside, nice rejection of the top edge and then a low vol test for your entry

EURUSD

Gold is a risk hedge Whats the risk, the FOMC Announcement. So start buying gold the day before the risk event. Once the news is out, the risk is over. No need to hold that gold. Sell gold after the news. Easy

EURUSD

The institutions were aware of these numbers. Their analysts would have had negative numbers on their books. Have a look at this: Cumulative delta is completely divergent to price. That down move to 1.12000 was all accumulation for the news release. ...

EURUSD

Number 2 is very very unlikely. FED doesn't like to nor wants to shock the market. If the market was pricing in a hike which the FED where not planning on doing they would make statements leading up to the hike using language that would indicate ...

EURUSD

The issue with any EA developed on these retail trading platforms is that they are all based on a derivative of price in one form or another and hence are always lagging. The "EAs" the institutions use are not developed using this indicators. ...

Reality check for programmers

image Mondays POC needs to form above the yellow box of the market to become bullish again.

EURUSD

Fundamentals are bearish as Euro as adjusted their inflationary expectations. Lower inflation means lower interest rates for longer. Lower interest rates means weaker currency. Market profile looks very bearish (UJ and USD Index looked bullish hence ...

EURUSD

What do you mean by composite MP? Combining Market Profiles over a number of days? I do do that usually when they are two market makers profiles.

EURUSD