I agree Tayser, Abbott is the very worst of the worst. For example there have been many companies laying off workers and closing down due to the high AUD recently. Yet does Abbott reflect that as the opposition leader ? No he tries to twist it into ...

Australian PM Gillard confirms leadership vote on Monday morning

lol, yet the EW purist will tell you the opposite, ignore the news and trade the chart ! In reality it is a mixture of both.

IMF: 'Huge' Greek Program Implementation Risks In Next Few Days

Nice info. The way I see it, if their clients are mostly short on the EUR, then it is oversold, to push it down more they need more sellers, but they have run out of sellers. As the shorters buy out, the market will move up and there is lots of ...

What’s next for the EUR/USD? Two Set Ups to Watch

Fair enough Mike and yeah time is the missing element in the example given. I've read Carney's stuff which is more progressive, with different fib ratios etc.

AUD/JPY Gartley Forms Under 86.30 Resistance

Looks fine to me without pulling it up on my chart. There are people that make money from nothing else than Gartleys. It's a corrective pattern, but a pattern like any other. There are progressions of the pattern on deeper details that can make it ...

AUD/JPY Gartley Forms Under 86.30 Resistance

It does feels that way sometimes when holding positions. Time and price are interlinked, its normal to get a ranging market after a price shock, even though it was only 100 points, we are within that shadow still.

Euro zone reaches deal on second Greek bailout package

Just buyers at support that's all, it must be considered good value. Most is program trading anyway. We are ranging, which is what markets do most of the time and much program trading nowadays is mean reversion / value area trading..

Euro zone reaches deal on second Greek bailout package

People call manipulation normally when the market dosn't do what they want it to do. It's actually the opposite, retail is ranging the market, commercial will step in when it is time .... I think that will be very soon as we are in a symmetric ...

Industrial new orders up by 1.9% in euro area

Nice little Gartley trade bazar.

Industrial new orders up by 1.9% in euro area

Looks like it got hit in the guts by that raft of bad news, still it is ranging, paper dosn't seem to want to take it either way. See how we get out of this Gartley and the next news in a few mins. Tough market but then these times are unprecedented.

Euro zone reaches deal on second Greek bailout package

It's painted a 5 point pattern (Gartley) reversal zone ends at 3185, if it goes past that, then I will then bow out.

French Flash PMI

Glad I didn;t take your advise Jona (not that I ever trade on someones advise) when you said I should cut my long loose, it held 319 and I held my long. EUR refused to drop into the 1.3220 down channel today, it tried several times but technically ...

Euro zone reaches deal on second Greek bailout package

Thanks for the info Kostakaini .... all the best. I think maybe it is better for Greece to default, but not better for those exposed to the debt.

Greece Gets Reprieve But Default Still A Possibility

Manipulation ? The manipulators create a corrective pattern ? Lower highs and higher lows. Strange manipulation, I thought the 'manipulators' would have at least gone the few extra pips and created a new swing high overnight. What I see is the last ...

Greece Gets Reprieve But Default Still A Possibility

3194-8 is a confluent area, with resistance respected back on the 17th and several times since. The US market might have other ideas about what to do with this, especially after loosing a trading day yesterday.

Euro zone reaches deal on second Greek bailout package

holding long to see what happens at 1.319 ... sweated it out this long !

Euro zone reaches deal on second Greek bailout package

yeah, in a few minutes it looks like I will be out for B/E after holding for long since 20th. Win some, loose some, b/e on some.

Asian central bank buying EUR/USD on the latest dip - Unconfirmed

It was a double top retrace after a 50 point rally, in a extremely volatile .market. It's still a long for me. Holding.

Asian central bank buying EUR/USD on the latest dip - Unconfirmed

I have some turbulance at 326 - 327 and then clear air.

Asian central bank buying EUR/USD on the latest dip - Unconfirmed

It's a buyers market and here is the place to buy, the next 30 minutes will be interesting.

Asian central bank buying EUR/USD on the latest dip - Unconfirmed