The thing that caught my eye on this chart, was the much larger inverse H&S pattern that seems to be forming with the neckline on your 78.00 line... Ahh patterns. They are everywhere.

Cable Update (GBPUSD)

Not at all. I am implying the deep pockets are the small percentage buying recently when 92% of the market was still selling. They are few with many dollars, while the many with few dollars constantly get in too late. Herd mentality.

EURUSD

My logic is not faulty I assure you You're quite obviously not seeing my point... The majority in this market is not the percentage that moves it.

EURUSD

Think about that. 82% bulls, and it falls like a stone. 8% bulls, and it moves up. Seeing something about the drovers, and not the herd here?

EURUSD

I'm saying that if there were only 8% USD bulls left on Thursday a m, they pushed the rest of the world around. The herd mentality was the 92% short on the buck. In terms of monetary value, this is not an evenly distributed game.

EURUSD

The only numbers that matter, are how much that left over 8% has in their accounts. If the players are big enough, they'll move the other 92% wherever they see fit...

EURUSD

That big long wick on that overshoot will fill in. Probably sooner, rather than later. The weekly is a big pin bar too... So, at some point in the near future, we know where price will be back to.

Price Attraction Points

Daily charts there only. If you want to see the specific time of the announcement on an hourly chart, here's the link, knock yourself out. url

EURUSD

Awright... Who spilled the Pick Up Stix game on my map of Missouri?

EURUSD

Nah... Cloggie will buy just to throw the scales outta balance

EURUSD

Out of the last 25 NFP announcements, there have been exactly twelve down days, and thirteen up days. image image image

EURUSD

Not true. It may spike around a bit, but the long term direction is usually resumed. Somewhere I have a chart pic of the E/U with all the non-farm days posted on it for the last couple years. I'll dig it up and post it.

EURUSD

This isn't the first site he's been a burr under the saddle at Probably won't be the last. As for the E/U, that is a mighty purdy flag developing...

EURUSD

Remember that the next time it slips against you. Slippage giveth, and it taketh away alike

$5 Slippage on Gold

I look for anything with a long wick that is out of the ordinary, and singular in nature. Here is a great example of a spike off of price on the Aussie that just filled today. I had been accumulating buys in the lower pink zone based on two things: ...

Price Attraction Points

Nope. No filter. Risk/money management, and unfilled pending orders keep me out of bad situations. I don't automatically jump in. History shows me that it most likely goes the other way for a bit. So I set things up accordingly. I risk no more than ...

Price Attraction Points

LOL! Judging from some of the posts on here, I don't think more than two percent is paying attention

EURUSD

Sorry. I didn't post one because this kinda looked like a big boy's thread Here ya go. Self explanatory. image

Price Attraction Points

Look at a chart, find a pin bar, and look at what followed. Any time frame is applicable, although I generally play 1 hour and up. After a pin bar appears, how often does that wick fill back in all the way to the bottom or top? Engulfings on a 1 ...

Price Attraction Points

Firstoff, a big THANKS for this thread. As for pin bars, and hammers, they are some of my favorite triggers, along with engulfings. They more often than not don't mean true reversals, and they are every bit as solid of a price attraction point as ...

Price Attraction Points