What do you think about this PC? Daily TF. image Bounced off the LTL retest from last week's fall. Potential H&S. Hidden bearish divergence. Price retraced to the 0.618 fibo level. A lot of upward pressure though, so longs do look to have the ...

EURUSD

I mentioned this possible sting in the tail on Friday..... image Testing the LTL resistance now; so far has bounced. From a bear perspective, we should be looking for a high volume failure to break the last high. (3739 should do it). ...

EURUSD

Anyone else noticed that Broco has been running like a dog lately? I only use a demo account and have been running it quite happily for over 2 years, but this past few weeks has been pretty terrible.

Broco Company Giving U.S. Residents the Boot

Gold rally — The Gold rally on Friday isn't surprising when you consider the turmoil in North Adrica. Classic safe haven play imo. Nothing to do with Euro this time methinks. Here's a 4hr Gold chart. 1357 is the key for any serious change in ...

XAU/USD Spot Gold

It's long imo. Yes the volume is low on the bar, but as Dr G said, there was no desire to sell through support prior to it. I look at it like this; there was low volume, but the bar still ended positive having attempted to go down. That tells me ...

vsa with Malcolm

Just remember guys, there's a LTL on the 1hr TF sitting at 3679ish which would 'normally' be retested. No bear party yet; a sting in the tail is more than likely IMO. From the bears perspective, it may as well get tested sooner rather than later as ...

EURUSD

Why are you saying bad number Cloggie?

EURUSD

Really does look like distribution now. Let's see.

vsa with Malcolm

weakness EU — Hmmmm, very early days, but i've spent the morning scalping the 1m and 5m charts. I'm not certain, but I have detected the first signs of some distribution in EU.

vsa with Malcolm

Brunei on the web - *Now his successor has recalled parliament and announced constitutional changes to enable elections to take place some time in the future. But only one third of the 45 members will be chosen by the popular vote, the majority, ...

EURUSD

I'm not disagreeing at all. Care to name me a proper muslim democracy? I'm curious.

EURUSD

Btw, if anyone is flat right now, my advice is to stay flat. There's no point chasing 15-20 pips on these breakouts OR hoping for a swift sell-off. Keep your money in your pockets. Today and yesterday should prove once and for all that fundamentals ...

EURUSD

You can bet your life it isn't. An observation; predominantly Muslim countries do not fare well under a democratic system. (See Pakistan). In fact, can anyone name me a Muslim democracy? (Not Iraq. I mean properly democratic).

EURUSD

some thoughts.... — ...... A series of questions need to be asked by anyone who's intrigued by this development. Namely: What does Oanda stand to gain from implementing MT4? More customers perhaps? Higher server workload? More outages. The ...

Oanda goes Metatrader

Oanda at any time of their choosing, can look at anything you plot on your Oanda charts. To think they can't is naive. Whether they ever choose to is a different question.

Can Oanda see the lines I draw on the charts?

Take a wee look at the following DX chart. Could be ripe for a bounce. image

Cable Update (GBPUSD)

There has been some bearish divergence in play on Cable for quite some time. The play-out area I can see for this is below 1.48. If you're looking to go long below 1.5, keep your wits about you.

Cable Update (GBPUSD)

Not confirmed yet.... — Curtesy of forexlive.com. JPM have put out a sell recommendation for cable. Target between 1.4606 and 1.4717. This is not confirmed yet, just a heads-up.

Cable Update (GBPUSD)

Hmmmm — I'm trying to fathom how using MT4 from the client end can be beneficial to the client...? I would not consider running an EA on my brokers chosen terminal. I wouldn't even consider running any indicators on my brokers chosen terminal. ...

Oanda goes Metatrader

Some good calls recently my friend. Keep posting.

EURUSD