No prob Harpe! Glad you got everything back up and running

EurAnalysis

Hi Harpe, My FXCM MT4 is loading just fine... I don't normally use TS2 so I don't know the status of that platform.

EurAnalysis

One thing that is interesting though Ken is EUR/AUD. It doesn't normally move up in "bullish" markets (risk on) which is why I'm a little surprised at the current upward movement in E/U, A/U & E/A. What are your thoughts on this?

EurAnalysis

Yea, it was a stupid move caused by greed which ended up wiping away last week's profits... Oh well, live and learn from our mistakes.

EurAnalysis

Exactly! I went against my quote up under my screen name last week as well as against my trading style in general... I got greedy looking to make some more money on the retrace and then load up more longs after a significant retrace. Problem was as ...

EurAnalysis

LOL Thanks!

EurAnalysis

The way you put my name it almost looks like iPad... Even though the JPY cross pairs may need retracement I will not short again! I learned my lesson late last week and lost quite a bit on E/J... Anyways, looking to buy the dips for ...

EurAnalysis

Haha Yep! The SWAP is awesome for A/J! 88.50 - 89 is next major weekly resistance so I will close out positions there (88.50) and wait to see what PA tells us at that time. You're on fire right now Ken! Keep it up brother. **If JPY keeps weakening ...

EurAnalysis

Nice! You are definitely in a good position Ken. Congrats bro. I'm only playing AUD/JPY and EUR/AUD (LONGS) at the moment. Still waiting to see what this month has in store for us Pip Hunters.

EurAnalysis

I see 106.60 being the MOST significant historical area of Support and Resistance out of the areas you listed. Price will probably make it back down to 106.60 in the near future which will act as SOLID support. Then, E/J should make its way up to ...

EurAnalysis

Well the market sure likes to do something with it every time it comes up... Fear and Greed drive the markets, this is how money is transferred from the 99% to the 1% If it isn't any different this time around then we should see another "August ...

EurAnalysis

Hi Luis! Thanks for the response. I don't trade using triangles or EW but I always enjoy reading your views and perspective through your analysis.

EurAnalysis

Interesting. Hopefully the "fiscal cliff" debacle will give us the catalyst needed to start the downfall. This triple top is looking pretty juicy but still a little too early to tell. I'm going to wait until this week's candle closes before making ...

EurAnalysis

Hi Strat, I completely agree with you that nobody knows what the Market is going to do. On one side we have a monthly Hammer from last month. Then we have a triple top forming on the Daily candle. I'm sitting this one out but like BailuxXx said, it ...

Strat's Long Term Stress Free Trading

Yea I noticed, I will also be looking to see what this week brings us. Only problem is the thin volume which can make for irrational moves. However, hopefully with all of the major events taking place the Big Boys will want in on the action this ...

EurAnalysis

Coming up on 1.312... (triple top) Does anybody else think that today's daily close will be of significance in regards to the rest of the week? Words of advice from a fellow trader: It's that time of year again. Between now and December 15th many of ...

EurAnalysis

Hi Luis, Why 1.64 for Cable? What is significant about that number? I don't see it as being of any significance in the past when looking at weekly/monthly resistance. Also, is above the "triple top" which could potentially form at 1.627. Just ...

EurAnalysis

Here is another E/U weekly chart provided by member "PipTrapper" image

Strat's Long Term Stress Free Trading

It's hard to say as I don't know anything about your strategy, money management, or risk appetite. However, if you are already in panic mode I would cut my losses and don't make any new trades (long or short) until you see a clear direction. PT has ...

EurAnalysis

It still hasn't even retraced to hit the Daily TL. Probably looking to find fresh liquidity from new buyers. Not too sure though to be honest...

AUD/USD