image I am not liking the candle from Friday close. It seems to be pointing down. Not always the case, but it is spooking me. I pulled stops up to 1.0530, locking in 10 pip profit. Still have take profit at 1.0600 for the swing trading account. No ...

EURUSD only

image Got long at 1.0520. Stops below 1.0460, targeting retest of the 1.0600 area.

EURUSD only

image So 1.0500 target hit. The force coming off 1.0500 tells me that I was not the only one covering there. Nice setup to go long at 1.0520 area. I just placed some limit orders at 1.0520 in the swing account. Stops below 1.0460 for small loss if ...

EURUSD only

image Sitting on strong support so it may be tough nut to crack. The movers tend to hang out at round numbers and there is the tail from the candle so 1.0600 area going to be strong. Still, I see the momentum is strong and good for long term ...

EURUSD only

image 1.0700 area pretty solid. Going to be a battle in that area. Hopefully it breaks next week. Have a good weekend all. Happy Trades to you, NB

EURUSD only

image Excellent. I had a feeling I needed to start selling after London close. Got some nice entries. FWIW, this is my long term account. Stops above 1.1000, targets below 1.0500. I also have a time based exit on this account, before COB on ...

EURUSD only

image I think they have started. This looks to me like the movers are painting the tape before the FOMC meeting to get ahead of THEIR competition (the whales). I will start adding small shorts after London close but before FOMC. Riding the ...

EURUSD only

image From technical perspective, the double top and break below support are pointing the way. This is long term bearish as is right now. But if the daily candle closes with a big tail and stays above 1.0800, whole new scenario and the playbook ...

EURUSD only

image The downward reaction was what I expected on a Trump win. I still expect the movers will paint the tape but after FOMC so this is pure reaction right now. The FOMC decision tomorrow may show us the direction into year end. And maybe not? Can ...

EURUSD only

image Oh, might thoughts for today. There was a gap open. I expect mostly downward movement today but not enough to close the gap. I expect the gap to stay open until FOMC on Thursday. If they cut more than 25 bps, very bullish for this pair. But ...

EURUSD only

image It's been really great for range trading using 1 hour chart candlesticks. This has been my preferred strategy up to now. This is my last day trading until Thursday New York open as I do not want to trade the whipsaw that next few days will ...

EURUSD only

Very nice price action for trading. I got most trades right. Did not get caught in the NFP trade as I stay out until the smoke clears. Lost most, but not all, of my long trade attempts. Making Bank with the shorts using trialing stops. I don't watch ...

EURUSD only

image H1 giving very real clear candle reversals. Right now dark cloud cover forming but signal will be too late to put any real money on. Maybe a small short if the signal given at 10am New York time. Staying in range trade mode next few weeks. ...

EURUSD only

image Look at those massive wicks!!! Lot's of chop now. Between the scared money and the movers looking to trigger stops, we got ideal market for range trading. Caution - Keep your eyes on the big picture . Any sign of trouble, look to get ...

EURUSD only

image Cut of 50 bps creeped in this week as the expectations. Should be sideways now until election. I plan to trade the chop!

EURUSD only

image Cleaned up the bull flag. I am not Elliot Wave expert, but this looks like an ABC correction rather than a wave 3 down? Waiting on the Powell speech before I pick a side. Still leaning bullish but don't want to put the ladder against the ...

EURUSD only

image May be a possibility?

EURUSD only

To learn fundamental analysis takes years, much easier to learn technical analysis first as this can be done in weeks. But I will give brief example of why EURUSD is going up when both CB"S are cutting. --------------------------- All markets are ...

EURUSD only

I decided to take profits now at 1.1070. I am getting a "feeling" that we will be getting chop in EURUSD. Plus I don't like the chart structure. It has the look like it's ready for a 5th wave down so taking the profits makes sense. image I plan to ...

EURUSD only