Think of it like this, 38.2 has not been hit, so it's still a valid target.

EURUSD

There is absolutely no reason to hold long/short right now, UNLESS you are holding a short from thursday. In case of a short I would start covering at daily S1 half of my position, and the rest around .3846 and below...

EURUSD

Sorry, but this isn't a good time for a long, working on a chart now, will post reasons in a few

EURUSD

Guys, this is not stocks, there is no bias, gaps WILL BE FILLED! eventualy...

EURUSD

This is no gap, this is a joke,

EURUSD

If there is a gap, have seen it many times keep going in that direction without giving any counter trend signals until well into 3am eastern

EURUSD

I find it true, when i attempt to scalp I fail, and end up making up for the losses with wider, longer trades.

EURUSD

Here are some weekly trendlines Do you guys consider the fall from .60 to .24 valid for drawing fibs still? image

EURUSD

If we gap, i'm staying out (until 4h shows signs of direction) and only playing on demo. Gaps don't happen often enough for me to get a good real time experience.

EURUSD

Correctomundo!

EURUSD

Fontu, as far as .382 retrace, I say it must be hit, if not - we are still rising in this move. I believe people have orders close to that number on standby.

EURUSD

Clean up your chart bro, I cant telll what im looking at lolz

EURUSD

I will also consider this, I may opt for my second alt GBRUSD, nice double top there. image

EURUSD

1.3846 is a buy Only about 105 pips to go until its reached. Short scalps on the way down until my final target of 1.3846 is hit, then going to look for confirmations to add to my future 3846 entry if support is there.

Anyone notice the massive resistance this week?

Yes it will, I bet you a burger! Well, eventually.

Jacko's Forex House of Pleasure and Pain

Think its gonna touch 20ma on daily?

Jacko's Forex House of Pleasure and Pain

In my definition of trend reversal it goes like this: Up/Down Trend > Consolidation > Up/Down Trend There is always consolidation before reversal/resumption, unless its some crazy news. Back to your question, there is no answer really. If on Monday ...

Jacko's Forex House of Pleasure and Pain

last few posts confuse me silly and begs to ask a question on how to properly draw a trend line just to make sure you're looking at what everyone else is looking. Also, drawing trend lines on weekly, monthly is a bit silly imo, too much news in one ...

Jacko's Forex House of Pleasure and Pain

I hate when it just stays in one spot whipping you around like a mad clown, best not to trade if your a rookie in these tight consolidation spots. But here is what I think will happen, I'm kinda thinking that strong support around 1.4150/60 wont let ...

Anyone notice the massive resistance this week?

Ok, it should go down in my world, here is why: 1. Double top on 1 min 2. Cant seem to break R1 3. Divergence on 1hr This trade is for all you counter trend traders, who are not trading with the trend!!! Most would agree that you should still be ...

Anyone notice the massive resistance this week?