image Staying in the range we've been in. It was a good year. I kept my long EURUSD bias for long term trades and just trimmed on dips and added back on rips. A little scalping for income, playing both sides. Getting ready to put the account out ...

Only EURUSD

image It's that time of year again. Time for the annual US government shutdown. It's almost always a non-event designed for the media to hype up their viewers. The fall fund raiser for main stream media. The rare times it does occur, it has been ...

Only EURUSD

image I am loading up longs in the swing trade account. I see three black crows (colored in red) and ready to ride the next wave higher. I mark 1.1650 area as the area to trim losses if it goes the wrong way. Looking for a slow ride up to around ...

Only EURUSD

image I don't know if anyone is watching my posts, but there is a stop sign on the charts. Stop until the go light shows up. Can go any way from ere, up, sideways, down. Happy trails to you. Until we meet again. NB

Only EURUSD

It happens almost every month. Occasionally, the movers get it wrong and it shows up in price action. This looks normal. You saw it earlier this week, the footprint of the movers. I am getting ready to short after stocks open. Happy trades to you, NB ...

Only EURUSD

image The wick popped out of the channel but the range I drew last month looks good. I am waiting for the stock market open and will take a short if price hangs in this area. Waiting a little after the retirement trade kicks in. Already covered ...

Only EURUSD

image I posted these levels back in early August. It worked out perfectly for my range trading bias. But sometimes my research is way off. Usually because I believed a thought in my brain that was incorrect? I try not to believe any thoughts I ...

Only EURUSD

This is common footprint the large market movers leave. To get into a position, they lay down the BIG orders and backfill with another account to mask the intent. I have found this type of activity is usually before a big move (the candles are ...

Only EURUSD

image Happy trails to you! Until we meet again! The closing song from the Roy Rogers and Dale Evans show - circa 1962. Over the coming months, I expect some sort of financial repression or yield curve control to keep down interest rates on the ...

EURUSD only

image The upper range pretty much held the upside today. The range at the lower end sort of caved in but did not shake me as trading is not exact and needs room to breathe. Trump has been speaking all morning. He likes to talk ;-) I don't expect ...

EURUSD only

image Got shorty at 1.1710. Just scalping shorts with a trailing stop 30 pips above last 1m candle close, hard stop at 1.1740. Just for today, I still am holding long term for 1.1800 area in another account. Second to last update for me. Happy ...

EURUSD only

image I think this was just the movers taking profits from retail. Look for this move again by the trend followers and then let the shorting begin! Happy trades to you, NB

EURUSD only

image Be careful in the 1.1710-1.1730. That's where the movers will tip their hand. We are still in a range and Powell talking both sides of the playbook. But eventually the bond market will dictate and the FOMC will get in line. I plan to start ...

EURUSD only

image Range trading is the beast . For now. We got Jackson Hole speech tomorrow and maybe some fireworks on rate talks. To cut or not to cut, that is the question> Until tomorrow trade the ranging beast and ride the range waves to profit ...

EURUSD only

image The daily says range trades are the beast for now. Buy dips is easier then selling rips. I will try selling rallies again if we break over 1.1700 for swing trades. My long term trades are set and forget, holding longs, targeting 1.18xx area. ...

EURUSD only

image On the weekly, the candle from last week (with the long tail at the bottom) almost covers the entire range from beginning in June to now. I call it a "Wow" candle. It's a well known name which I just made up. So weekly chart also says range ...

EURUSD only

image This was what I see in the charts. The monthly has basically a railroad track patern where July bear candle almost covers the June bull. I beleive August will be a range trading month (as usual, the dog days of summer)

EURUSD only

image The weekly candle (still open so not confirmed) show a clear reversal brewing. This week may be a case of back to school clearance sale as mover take profits from big upmove? Or is this signal that money moving into safe haven USD? Either ...

EURUSD only

image Back in the plus column in this long term trade. yea! Before anyone pops a fuse, I have no magic. I had to FIFO long orders as they got to 2 cent loss (-200 pips, part of my trade plan) so still under water BIGTIME for the week in EURUSD. ...

EURUSD only

image Trade moving up nicely. I added a few extra longs at 1.1615, just to average in at lower price so trade is looking good. Now targeting 1.1800 or a date around August 15 time frame to avoid the liquidaity drop that happens for back to school. ...

EURUSD only