That's what I thought when we were at 4650, lol! I agree, Stochastics show overbought.

EURUSD

My question is--there's no way to know which way it will break out, is there? Are we just assuming it will break out with the trend?

EURUSD

So what about the channel Algirdas just posted? I wonder if it will dip to 4590 before going up to 47...

EURUSD

Please elaborate I see a triple top at 197, can it break it?

Auslanco - GBP/JPY and GBP/USD (newstrade)

If GU continues to rise, UJ falls, I suppose this beast will follow GU? It's been waffling between following the two pairs...

Auslanco - GBP/JPY and GBP/USD (newstrade)

It is following a 4H channel

EURUSD

CAn you tell me how you draw the lines you do? Is it a combination fo Gann lines and trend lines?

EURUSD

If you shorted the rally today you would have gotten killed. Today was a day to buy the dips.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm not brave enough to hold my long for over the weekend, but i want to...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I am holding for at least 45.50

EURUSD

Cable going down, USD. JPY going down slightly...well, sure think geppy will follow

Auslanco - GBP/JPY and GBP/USD (newstrade)

It does look like it. I got suckered in with a short at 196.50 and it dipped slightled and blew past that. Covered it like a bunny!! And as Malcolmb said, my heart was pounding. My GOLDEN RULE for this BEAST: Never SHORT until downtrend is 100% ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Looks like it wants to aim for the top of the trend channel at 46! we shall see...buying more if it can sustain 45

EURUSD

We have a monster in the making, LOL!

EURUSD

Looks like we're aiming for 45....The channel breakout. Wow. Never expected this! Does anyone know what is causing this spike? Just filling the channel? NEws?

EURUSD

Based on the 4H chart probably 45 - 46 likely before coming down with the channel. Interesting...

EURUSD

Holy crap! Glad I covered my short at 42.00 for 50 pips

EURUSD

Dollar will drop as banks fail. It's having a temporary "hurrah" moment.

EURUSD

Not talking about the Fed. The Banks...everything is out in the open. The FEDs are crooks. More banks will fall in the zone, no question.

EURUSD

I don't know...all I'm saying is that dollar rallied hard from yesterday. As you said, perhaps intervention? Perhaps US propping up this sinking ship? LOL. But one of my colleagues made a good point yesterday. The US crisis is TRANSPARENT. Who the ...

EURUSD