Bollinger Breakout — This 1 hour chart has a nice Bollinger band pinch and a price breakout down. There is ranging in the 38% - 62% area. It reminds me of the old railroad companies adding on cars for all the passengers that want on for the ...

EUR/JPY

Geez, can't you take a compliment graciously?

EURUSD

Great post, ak4x! All should appreciate that one!

EURUSD

Bollinger Breakout — When this breaks either up or down, you can see the likely targets on this 4 hour chart. Edit: Even if the big boys have it in mind to jack it up, I should not be surprised it they take it down first....kinda make a Double ...

EURUSD

I too, ak4x, have been trading EJ, and was red thru this manipulated gap up (so the big boys could add shorts up there for the next ride down). But I carefully added to my shorts during the period. Now, all green big time. Looking for a strike down ...

EURUSD

A fib level at 1.2795, so why not?

EURUSD

Bollinger Breakout — Yes, the BB pinch drawn on the 4 hour chart may be premature. But none the less, it is interesting that the 162%, 262% and 400% fib extensions all fall near whole numbers.....1.2200, 1.1900 and 1.1500 respectively. Yes, ...

EURUSD

ABC Zigzag & Bollinger Breakout — The gap is filled. And sure looks like the start of something new.... My 2 cents worth says the gap up across the board on currencies was pure manipulation so the big boys would have ample opportunity to ...

EURUSD

ABC Zigzag & Bollinger Breakout — Notice the congregatation of candles within the 38 to 62% fib ext. area. It makes me think of the old railroads loading on cars for the additional passengers who want to take the next trip (down).....

EURUSD

ak4x, the number 144 is a fibonacci sequence number (1,3,5,8,13,21,34,55,89,144...). Try the 144ema in place of the 133ema. I did.

EURUSD

Psiholog, there is a fib level at 1.2846 (Fib R2 on the chart) that also maps the highs of the previous session. That is close to your 1.2860, but maybe shorting between 1.2846 and 1.2850 if it breaks below 1.2846 first and then pulls back briefly? ...

EURUSD

Bollinger Breakout — I thought awhile ago this would start a reversal and begin moving down. No Bollinger Band pinch then. It popped back up. But now we have the pinch. And the 262% fib extension applied to it says this should have no problem ...

EURUSD

Nice long candle to downside on 15 chart to Bollinger band basis. This could be the start of reversal. It "bears" watching!

EURUSD

Don't let the name throw you. Fibonacci pivots are customarily calculated from the previous Day H, L, C prices and some indicators may also use the O price of the previous day, or of the current day, also. Basically, the result is an identification ...

EURUSD

Fibonacci Pivots — For any that missed it, enhanced .mq4.....see post #44210 on page 2948.

EURUSD

I agree with you, psiholog, that the upside looks weak and fabricated. The 4 hour chart shows the gap up was to the 89 sma area, where past moves have failed and where it now is below the standard BB basis (20sma)...

EURUSD

Now, if you really want to trade on fundamentals which when changing may take the market 6-18 months to follow suit, ok. But just realize that less than half way thru that period, the fundamentals are going to start to change again! So, ...

No Brainer Trades

I apologize. I do not mean my caps & exclaims to deafen. It is just that "news", both from on-high as well as from muts, can easily be co-ordinated by "some people" to set the stage "for something". Don't forget their creed: "We WILL make our money. ...

No Brainer Trades

Absolutely! If there are not moves (manipulated or not) then there is no trading opportunity, is there! As currency traders, we care not "why" only that there "IS"! Pouring over "fundamentals" as though to find some Holy Grail there, IS A WASTE OF ...

No Brainer Trades

Or, you can think positive.....you cashed out to protect your money from any totally arbitrary manipulation at the open in a direction you could only have guessed at! You are not a gambler. You are a trader. And your decision was that of a wise ...

EURUSD