Bulls aiming to put in a higher low here on the 5 and 1min charts.

EURUSD

Looks like bulls are hanging out around 4420 = 50% retrace of the run up today. EG still very weak so the cross isn't helping...yet.

EURUSD

Makes sense. I have 192 pip range today vs. last 5 days' avg. of 183 pips, last 10 days' of 216 pips, and last 20 days/month 193 pips. So it's run its avg. daily move of the last month (~193 pips) to circa 4500 round # end point. Good place for it ...

EURUSD

Seeing if hourly candle can close strongly > 4500

EURUSD

Yeah, 4500 is a big number. BTW I see that 4496/97 is MR2 (half way between the R1 and R2 pivots). Confluence here, either way, bulls or bears. Big boys will be watching this.

EURUSD

The way I measure it, I had +2 SDs (standard deviations) up into 4503 earlier. 2 SDs into a round number 4500 = a good scalp short in my books.

EURUSD

Maybe he thought no hourly close above 4490 and can't close above Camarilla H5 target. Oxygen getting thin up there. Hourly close below 4463 gives completed hourly pinbar. BTW was long, but scalping short now.

EURUSD

See the news release. Again, this trade is going to evolve according how, when, and if the Swiss peg their rate vs. the EUR. This is an insider's info. game, news release game etc. (informed global macro traders will trade/create scenarios here, ...

CHF opportunity, or avoid?

Good idea, ie. wait out the storm, don't ride it to the end of the week. Another thing: I notice your largest few winners in your table are always a good multiple in size of the largest winners (very good RR ratio). Prob. also a function of your ...

Strength for one week, No Charts Attached ;)

Not much trading advice here, but I can tell you what a peg would do. It would link the CHF to the EUR in a very narrow (effectively non-tradeable) price band. There would be essentially be a fixed EURCHF rate and the pair would essentially be taken ...

CHF opportunity, or avoid?

image A new work of art entitled "Pretension", apparently now selling at Sotheby's for $9 mil. Analysts think this a new van Gogh. Bids are now being accepted for this limited edition.

Forex Market Deciphered: The Equilibrium Cross

I particularly enjoyed this sentence in the handy Wikipedia article summarizing this very thread, and the many clues above: "The practice of charging money for education, and providing wisdom only to those who can pay, led to the condemnations made ...

Forex Market Deciphered: The Equilibrium Cross

This is interesting: "Charting software and data source: Metatrader(MQL language) and Dealbook(CTL language). All data is obtained from these charting software and feed into trading algorithms for calculation, and trade signal is then feed back to ...

Forex Market Deciphered: The Equilibrium Cross

LOL, that's it. I've had it. I'm reporting you for illegal profit-making.

Trading with Deadly Accuracy

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Bird is the word - 1 word trading advice

Statics

Bird is the word - 1 word trading advice

Dynamics.

Bird is the word - 1 word trading advice

You have 215 posts and 48-50 of them are boosting FXPro Are they paying you well, Squaw? More lucrative than trading, is it. FXPro is making a concerted effort to get a whole boatload of sucker CFD traders in the U.K. to shift to them ...

What do you think about FX Pro?

Peek at the order book Ahem.... image "USD/JPY: Very large bid at 83.50; stops just below (sound familiar?)"

USD/JPY Discussion