Does it go up or down the triangle now?

EURUSD

Hmm..not happening...

EURUSD

It may bounce a bit to the 4720 before heading down...that's my two pips

EURUSD

Down the rabbit hole-- next stop 4680

EURUSD

Does anyone understand Algirdas' latest post? I have no clue what he's saying?

EURUSD

Hey, that means he's our most valuable indicator!!

EURUSD

I think it's premature to talk about a journey north from here. The channel still has a downtrend to 4655 or 4680 at the very least

EURUSD

It is indicative of dollar strength (intervention). Look for EU to go down short term before bouncing off support at 4680

EURUSD

Still learning how to post JPEGs, sorry

EURUSD

Possible 4650 Psiholog. That is the point of potential bounce when the channel broke (see attached).

EURUSD

Dude, get some sleep!! Where do you see this EU puppy? If we follow the 4H channel, it puts us at 44 before the next spike up. OR at 4655 which is the point of the channel breakout (attached).

Extraordinary trading style by 5ysfx

You mean took short 4790 don't you? not 4490? Yeah I just shorted. There is a resistance at 4792 which is holding up nicely.

Extraordinary trading style by 5ysfx

I think the question you want to ask is: who would buy the EURO now. It's all relative.

EURUSD

If you look at some of the dollar pairs (like USD/ JPY), and as 5ysfx pointed out in his blog, we have a double bottom on USD/ Chinese Yuan, the 4H chart indicators show dollar as being near bottom against some majors. For USD/ JPY , which is what I ...

EURUSD

LOL!..good news is, better placement for shorts! Dollar will rally HARD in the next few days, we have near term support

EURUSD

Better than expected Industrial orders, good news for the EUR )short term)

EURUSD

Check this out url

Extraordinary trading style by 5ysfx

Good call, but I don't trade this pair (USD/ Chinese Yuan) . I only trade pairs I know well. What I am thinking though, is that it is wise to buy dollar pairs now...

Extraordinary trading style by 5ysfx

You are talking about a 50% retracement from the move UP, right psiholog? Not 4957 ? I see 4664, 4616 (50%, 61%) Below 4692 pivot is 4517

EURUSD

OK just woke up (4:30am EST, my time) YIKES. Dovish comments? I'm hoping my 4H target will be realized! (44) Wishiful thinking?

EURUSD