Second attack on the multiple support area around 1.3660 to 1.3720. I don´t expect it to break down yet, Maybe on the third try. Once it breaks, look out below because the neckline will have broken and you have a lot of sell stops and stop losses ...

EurAnalysis

Very well stated friend. It´s a bit like trapeze without the net. You are going to make very sure you get it right. Still, stop loss or not, you cannot expose the bulk of your capital to a margin call. A major world disaster can take you out in a ...

EurAnalysis

First of all, I NEVER trade against the trend. How do I determine trend. By simply looking at the color of the current Heikin Ashi D1 bar. If it is Red, I only trade short. If Green, only long. Secondly, the account that holds the position is your ...

EurAnalysis

I like your system. Let me detail mine for those who may be interested in trying it. I learned it 20 years ago from a great stock trader friend of mine. He called it the Box System. Let´s suppose for round numbers sake that you have allotted 100,000 ...

EurAnalysis

Not basing my decision on the Yen. Strictly based on the Euro technicals and S&P.

EurAnalysis

I´m in since 8 weeks ago at 76.52. It´s been a long wait, but I´ve been trading the range with half my position for nice profit.

EurAnalysis

USDJPY is taking off. Good for me, i´m long. I think the Eur will follow to the downside soon.

EurAnalysis

I went to the gym for a couple of hours and all hell broke loose. No damage done. Another shakeout to the 50% Fibonacci Retracement level. As far as I´m concerned, nothing has changed. In fact, the new attack on the 50% level failed meserably, which ...

EurAnalysis

Yes. One more of the many factors that point in that direction. It is hard to find a technical basis that will support going long now. When it walks like a duck, it quacks like a duck and it looks like a duck, almost surely it is a duck.

EurAnalysis

With the last H4 chart I posted, I mentioned the next bar would be red. Now 4 bars later we are still seeing red. That is the beauty of Heikin Ashi candles, they are very easy to follow. I went short on the color change, and will stay short until ...

EurAnalysis

Thank you guys. I´m really new to all this. Over the years I´ve stayed in my own little world learning and discovering new tricks to beat the market. I decided recently to begin to share what I have learned. After all, I´m 61 and not getting ant ...

EurAnalysis

Yes I will. Let me work on putting all the pieces together over the weekend. Do you have Skype, so I can send you larger files? PM me the info. Thanks.

EurAnalysis

Thanks FXMindset. Are you using the system I sent you? It is working wonders for me.

EurAnalysis

I don´t use a stop loss either and average 30% gain per month. It is not necessary if you use very low leverage, keep your margin level above 200% and if you are disciplined and admit when you are wrong and exit a trade when needed.

EurAnalysis

Excellent video. Thank you for providing it.

EurAnalysis

I agree, but they´ll get him on the anti muslim bad rap.

EurAnalysis

Sisse, I think you misunderstand what ntrprz says. I don´t read fear in his message, but instead I read objectivity and reality. What he says about education is an absolute truth. Google and Facebook´s values are silly just as Cisco´s was in the ...

EurAnalysis

Already answered...

EurAnalysis

Yes. You just put the finger on the crux of the problem. Our democracies have failed. Maybe due to apathy, lack of participation or whatever, but the reality is that the current system is untenable. We are nearing the modern version of the French ...

EurAnalysis

What a wonderful post. I am saving it and using parts of it in my day to day. Great ability to sinthesize in a few words what we are currently living. Almost as good as the Ben voodoo doll bit...

EurAnalysis