Bollinger Breakout — The 123.20 area has been well tested and soundly broken.....now heading back down to PIVOT. If it breaks down thru it, and the break holds, we will truely be back in DOWN MODE.......(IMHO)

EUR/JPY

Bollinger Breakout — .....which may be starting......

EUR/JPY

Bollinger Breakout — If it breaks below 123.20, there is the possibility of a 200 pip run down to LOD at 121.21......

EUR/JPY

Here you are. Look at the volume hump in conjuction with the price hump. That is a lot of relative volume and yet the price stalled out as the volume came pouring in......

EUR/JPY

Bollinger Breakout — Looking at the 30 chart, it found another support area to test as resistance, one that finally seems to be holding.....123.80 area. On the Bollinger band pinch, that is a failure at the 62% level = weak momentum upside. ...

EUR/JPY

Lots of volume at these highest highs over the last 15 minutes, and the price is not moving. Either the big boys are holding the line while they buy it up, or they are shorting while keeping it up. Either way, next move should be a good one.

EUR/JPY

Bollinger Breakout — The moment of truth? Two high strikes (see the arrows). The first at 123.37 and the latter at 123.36. If the current candle closes down, then maybe, just maybe the Euro session traders will join in and hammer this ...

EUR/JPY

Agreed, sonic. And right now we got zip. Maybe another test of 123.00 area as resistance. Maybe a break up....maybe....maybe ....maybe ad-nauseum. And the Euro traders can, as they sometimes do, jump in early to futher muddy the waters......

EUR/JPY

ABC Zigzag & Bollinger Breakout — This current 5 minute chart shows a movement up and a new, better defined Bollinger band pinch. This move may break out to the topside, but even if it does, they sometimes roll over (head fake) and move in ...

EUR/JPY

ABC Zigzag & Bollinger Breakout — Here is a subsequent 5 minute chart...better showing the ABC Zigzag that may, or may not develop into a downside run. I added the red lines to the red arrows to help portray what I was referring to.

EUR/JPY

ABC Zigzag & Bollinger Breakout — On this 5 minute chart, the central fib pivot line (122.96) has essentially been tested multiple times and held as resistance. We have an ABC Zigzag pattern (red arrows) and a Bollinger band pinch. Notice ...

EUR/JPY

Bollinger Breakout — The current 1 hour chart has the price fallng at the 123.00 level, a level that was previously support and for now seems to be holding as resistance. This is also the 100% fib extension level for the wide Bollinger band ...

EUR/JPY

Fair enough.

EUR/JPY

Nice chart setup, Gandolf. Is it on MT4? If so, are the template and indicators public domain? I find it quite interesting.

EUR/JPY

....bad tick on your platform. My MT4 has remained on and there is no such price move. Also, to confirm current, try this link: url

EURUSD

Yes, why would China join into any foray against the US? We owe them hundreds of billions.....! Nope, China has a vested interest in keeping the US strong so all the China loans to the US remain valid!

EURUSD

This site needs more participants! I know some over on the EUR/USD site also trade the euroyen, but seem not to partake here. It has been easier for me, much easier, to trade EJ for profits than the EU. The EJ has clearer ranges and trends. The EU ...

EUR/JPY

ABC Zigzag & Bollinger Breakout — A couple of nice runs since then....which entitles this to some consolidation time.

EURUSD

Bollinger Breakout — The price made it down to the 100% level and some.... Now the question is will it bounce, or consolidate and drop more? This has earned some consolidation time.... Edit: Replaced chart to show Bollinger band pinch per ...

EUR/JPY

Bollinger Breakout — If I have the trendline drawn correctly on the 4 hour chart, then the price has just given us a tease to the downside. The Bollinger band pinch on the 1 hour chart has fib extensions 100% = 1.2600 and 162% = 1.2500, both ...

EURUSD