The conspiracy theories continue. My honest opinion. If we trade news. we will never trade. Take care..

The Swamp

Hi Guys, Something for the hard core Eu shorter's. I know trend lines can become subjective but if I look at DX (dollar index) a pattern starts to unfold. Dx has just pierced a long term ascending (rising) trend line, for the first time since March ...

EURUSD only

Hi Bigiivan, Well it is debatable for me, more specifically because I look for trading opportunites on 28 currency pairs, but if you feel sure and you know you can handle your risk vs reward, go for it. All the best Bud.

EURUSD only

Good stuff Bigiivan, it makes me very happy to see you grow. Cheers.

EURUSD only

Hi Guys, A weekly close above 1.1300 will be great for bulls. Going into next week a possible retest of the descending trend line and back up. Yet to be seen if we will bounce off 1.1350 or 1.1400. Have a great weekend Cheers.

EURUSD only

Thanks for the explanation Satish, it gives me a clear picture of your thought process. Cheers.

EURUSD only

Can you please expand. It would be great to know where all these theories come from. Yesterday was a bearish engulfing pattern. Today is a bullish engulfing pattern. Do candle stick patterns really work?. Is there something else you are looking at?. ...

EURUSD only

Hi Guys, Zooming out a bit on the daily time frame. 1.12771 is my midpoint in a 7 month range. A daily and a weekly close above will be positive signs for me. The 5 month descending trend line is a very strong resistance area and was a perfect ...

EURUSD only

Hi Guys, I have entered a buy trade here with a 20 pip s/loss. My last line of defense for bulls. If price goes below yesterday's low it will spell bearish intent. Not sure yet if a stop hunt or not? 1.1250 is crucial for me. I have also started ...

EURUSD only

Hi Guys, I think bulls are in a spot of bother here. Unless we get above 1.1250 and quickly we could go into a short to medium term down cycle. I will monitor closely for a daily close above or below and re assess tomorrow. Take care.

EURUSD only

Anyway Guys, I know, I can become speculative at these levels and know price will dictate from here on wards. Take care, zoom out before you zoom in for the kill. Cheers

EURUSD only

Not really. Your symmetrical triangle has broken up. Cheers

EURUSD only

Hi Guys, building for another possible long trade set up. Buy trade opened with a 20 pip s/loss. Take care

EURUSD only

A lovely tussle between bears and bulls at the moment

EURUSD only

Hi Guys, I simply could not resist trading bullish momentum before London open. It is possible that my midpoint at 1.12773 could see a retrace back to my little symmetrical triangle at 1.1253 ish, failing that would see a retrace back to my daily ...

EURUSD only

Things looking good for bulls right now. Seems the big boys are stepping in. Cheers.

EURUSD only

Hi Guys, Here's the thing for me, Usd Index breaching an ascending trend line which has held for much of this year. Could we be going into a spell of dollar weakness.? Take care

EURUSD only

Hi Guys. Eu at critical levels. Firstly a 4 hourly close above 1.1200 would be good and secondly a daily close above even better. The little descending trend line above, currently price holding just below, needs to go for bulls to gain a bit of ...

EURUSD only

Hi Guys, Buy trade added at 1.11685 with a 20 pip s/loss. Have a great week. Cheers

EURUSD only

The sad reality with trading Eu longs. I would simply love to sell EU all day long and collect positive swaps. Not the case right now. Cheers

EURUSD only