Still holding long with +11. Well, we'll see how it plays out....my perspective is that this was a major resistance zone that was broken, and for it to fall below would be a huge sign of weakness. With the way the Euro has weathered the bad news ...

EURUSD

Interesting. I'm curious though, what's your source?

EURUSD

Long @ 1.30264. May move my stoploss to break-even before London session begins though, regardless of how much wiggle room that gives my position.

EURUSD

Why on earth would you be both long and short?

Cable Update (GBPUSD)

I know fxcm has/had a bad reputation, but I haven't had any issues so far. That said, I started off with a $100 deposit a year and a half ago with mini lots. Oanda gets a lot of praise around here too. This is one reason, once I end up putting some ...

EURUSD

I figure it was already priced in. And compared to some of the other stuff going on with the Euro, it really isn't as big a deal. That's my take on it anyhow. They probably lost all your money and are withdrawing from said nations to avoid legal ...

EURUSD

Will do. Why so low? Resistance was a few pips above this, and so was the fib level.

EURUSD

Looks like the retracement bus may be headed to town. I'll cross my fingers.

EURUSD

Yeah, then you reminded me that there are only 5 tips to the star in a pentagram.

EURUSD

I see all kinds of weird stuff on this site but I think that's the first time I've seen witchcraft used as a form of technical analysis.

EURUSD

That area has proven a minor zone of support and resistance in the past, but I wouldn't expect it to hold too long. Most likely what we see is a re-test of the major level just broken and then a slow move to the next key level near 1.3080, breaking ...

EURUSD

IMO not a good place to go short from, price can do pretty much anything out in the middle of nowhere.

EURUSD

Maybe you should be asking this in the broker discussion forum instead.

EURUSD

And how long would you have been holding onto your long if price had turned around?

EURUSD

I play every direction - when it gets to the support turned resistance I'll go long until it hits the next station at 1.3083. Will probably avoid shorting that one due to lack of confluence on my charts though. My personal opinion is that trying to ...

EURUSD

Price just broke resistance....looking to buy when it re-tests.

EURUSD

I'm not sure of the purpose of the boxes except that maybe it helps highlighting s/r....personally I limit my own analysis to very barebones elements so I don't use half of what he has on his chart.

Cable Update (GBPUSD)

Markets aren't open yet, but spotted a good opportunity nonetheless. Pivot level with weak fibonacci confluence. Good risk to reward ratio makes this one worth going for personally. Long: 1.2946 Target: 1.3019 Stop-loss: 1.2938 Risk: 8 pips (without ...

EURUSD

He or she is using Gartley (harmonic) patterns, linear regression channels, fibonacci levels and then he placed boxes around waves from swing high to low. I don't think there's a specific name for that set of elements though.

Cable Update (GBPUSD)

Personal bias is bearish at least until 1.2943; after that we'll have to see how it reacts. Will short it again if it reaches 1.3020 a second time but not as confident it would hold. In either case I don't see a long term bullish outlook to be very ...

EURUSD