Thank you for posting these. I do not chart harmonics myself but I do take a look here regularly to see if any of the basic patterns can back up my technicals/ fundamentals. This one does exactly that. Thanks again.

Harmonic and Classic Patterns

Looks like a decent rejection at the monthly pivot & the 8h is showing CCI/MACD divergence vs the prev swing high in this downward move from 3450. Not sure if this is our next LH yet (would prefer divergence on the daily for that) but gonna re-enter ...

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I think the Euro fundamentals will come into play too soon (late Sept/ early Oct) & the bias will move heavily to the shortside long before 1.40.

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EU this week by Citi. They believe in USD strenght up to next FOMC: url

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Recent piece on ZH regarding potential outcomes in the event that China (& Russia) then dumped their bonds. url

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Have to agree. The Dollar has it's problems but when it comes to EURUSD, it's the Euro side we should be looking to for our LT bias imo; it's starting to crack!

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Going to piggyback NFP here & enter if there's a strong print. Also have CCI/ MACD divergence on 4h so looks like the place to enter. PO buy 1.0465 EDIT: Order cancelled

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You need to have lived here in Ireland to be able for the whiskey. It's a part of what we are. Agreed, it's muck, yes, but it'll toughen you up & you'll feel less if it comes to the fight I guess. This stuff is particularly awful

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EUR url Re: France; "The country is apparently completely incapable of reform in France and no one seems able to change that," says the authorities in Brussels. As soon as the German election is done, Brussels will have to start talking about ...

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As I said, not quite as simple as I put it but this is a huge issue & probably not for this forum. In short, imo, it's all part of the continued US hegemony game that they have played since WWII (& spoke of even before this). But, in the here & now ...

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My 2 cent. Syria is being used to get Iran involved. If they can ensure Iranian oil is denominated in USD then the Petrodollar can continue until the oil runs out. They just need to rightly screw up Iran first, which is what this is all about ...

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Thanks godim Yes, I remember you mentioned 3094 before. With weekly & monthly support here, along with the 50% fib (which I personally give no credence to but I know it's a psych level), & the heavy retail buy orders at 1.31 (Oanda), I've just taken ...

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So even though you have a drawn a new bullish fan, the current downside target is still the base of the blue box/ 309x area? Cheers.

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I agree. I trade longer-term, from 4h up, & godim called the EU reverse bang-on (I was off by over 100p!). All input on this thread helps to give me more confidence in or makes me question my open or upcoming trades. This is why I post my thoughts ...

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ECB Presser (14:30 CET FFT): url

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GBPCAD. Weekly. I know some here sold this pair in the last few weeks & it has since bounced back a little but I think this trade is becoming even more appealing now. I believe GBP is still overvalued & should fall against the USD but the technicals ...

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USDCAD Interesting piece re: Canadian economy/ CAD & the impact of Syria/ oil crisis. Short oil spike could be decent for CAD, long term higher prices; bad. url There's a bit of a bullish flag forming there & USD has been gaining strength. I ...

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One thing on the horizon; the huge amount of retail buy orders around 1.32 (currently double the amount of anything around on Oanda). Be that profit taking or stop losses I'd expect a decent bounce off of 1.32 as there is definitely some demand ...

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Thanks for posting these. Very interesting to see where you MM guys are coming from.

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Bit of a confluence there alright, weekly S1 & previous demand at the 61.8 from hi/low from Aug 15. Should be a bounce of some degree but if this is the beginning of the move we've been anticipating then I'll be looking at 3185/3200 as the next ...

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