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Erebus replied May 16, 2026No need to spam every thread with this; it's not that great. Maybe add a line at the projected high and low, like this - image Does it calculate from the Open or from the current high and low? Good Luck with improvements. ...
ADR Average daily Range Indicator
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Erebus replied May 16, 2026I left out all fundamental gobble-gook: you can discuss that with W0lfram
(1) Did you ever read How I Made $2 Million in the Stock Market: The Darvas System? Granted, that was for stocks, but price action is price action, and ...USD discussion
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Erebus replied May 15, 2026The 5-day open, monthly, saved being fake-out long losses, IMHO. image DXY is break-out long, and similar all major USD pairs for confimation.



Only EURUSD
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Erebus replied May 15, 2026The other major USD cross (?) to watch is GOLD, will it give further confirmation to USD strength next week according to the old saying; Dollar up, Gold down? It would have saved going long if you read it right, but so would seeing the resistance or ...
USD discussion
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Erebus replied May 15, 2026What up (or down) with coffee? Anyone has a Starbucks chart? image



USD discussion
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Erebus replied May 15, 2026Bad news / good news - Bad news is that you missed the breakout entry, Good news is that you have 10 trading days left this month. image



USD discussion
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Erebus replied May 15, 2026Here is the USDNOK, see the MN candle is gone green, of course, there was a fake-out for the May 5-day range, it won't "work" all the time. And they say look left, find support / resistance, or supply / demand? You will ALWAYS find a level to ...
USD discussion
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Erebus replied May 15, 2026Yes, absolutely, based on the major USD cross pairs, they are all breakout except AUDUSD on the monthly 5-day open range theory. I look at the exotic, but simply as a gauge for the USD strength or weakness, not for trading. image When price goes ...
USD discussion
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Erebus replied May 15, 2026Why? What do you watch? The US Dollar = DXY? The monthly OPEN = May 1 The monthly 5-day open range? Breakouts? Currency Strength Meters? Any kind of price action or news? image image USD strong, gold down, easy peasy. ...
Gold with No Drama
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Erebus replied May 15, 2026Well, you post a chart next time, don't be so loose with predictions and tight with facts.



EURUSD only
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Erebus replied May 14, 2026If I draw a line at say, the year or week OPEN, is that an indicator? It indicates a price level, but it is fixed, it won't oscillate like what I call an indicator. There needs to be a category of tools called Utilities IMHO. I see the OP has not ...
No Indicator Trading System
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Erebus replied May 14, 2026What do I think? I think an update is due as new information has arrived! image Arrow 1 - 2026 low to 2026 high Arrow 2 - retracement right down into the 50% zone, and 2026 open (yellow zone) Grey Zone - the 5-days open range of May, now a ...
USD discussion
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Erebus replied May 14, 2026Best call ever, what do you see on your charts? image


A great range to watch, bring it on June! image 


GBP/AUD
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Erebus replied May 14, 2026Wow, a chart can also share trade details, do you use a trailing stop to catch that amazing 4,715 exit?



Gold with No Drama
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Erebus replied May 13, 2026It's bouncing as expected, price action says to watch for a reverse back to main trend around 1.62, right? image Should happen during Europe session, let's see!



EUR/AUD