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TheFxAnalyst replied Feb 5, 2016Things are to level for me, I'll be trading the there and later...
EURUSD
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TheFxAnalyst replied Feb 5, 2016If it really sells off here that upper trend-line that was resistance could become support.
EURUSD
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TheFxAnalyst replied Feb 5, 2016lol at the edit. I need to learn to use the Queens English when I'm on an international forum.
EURUSD
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TheFxAnalyst replied Feb 5, 2016Still grinding lower in the employment model and I think overall this is going to be the story for a while. What matters here is how this plays into the larger economic picture and how that balances against the other economy. It's all about that ...
EURUSD
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TheFxAnalyst replied Feb 5, 2016Not a fan of discussing anything technical in front of the Main Event, only thing I'll point out here is we have a cyclical bias for a move UP (you have to be kidding me) in the E/U. I know there has been, always is, a lot of speculation about what ...
EURUSD
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TheFxAnalyst replied Feb 4, 2016Still going... The E/U has been taking out R3 almost as fast as it calculates. Those of you who rode this out, whoa... that has got to look good in the account. Really has me wishing I was still in my short dollar trades, but you can't stare at the ...
EURUSD
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TheFxAnalyst replied Feb 3, 2016Makes me wonder if it will suck the air out of NFP. Might take a complete shock to turn that into an even. We may be seeing some shifting in expectations where good news is brushed off and bad news get's the most attention. The USD bearish bandwagon ...
EURUSD
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TheFxAnalyst replied Feb 3, 2016You're welcome, hope it helps and if I can add anything for the new traders it would be this. Trade small. If you look at trading as a career, or life long endeavor then it makes sense to learn as much as you can. If you trade small, by small I mean ...
EURUSD
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TheFxAnalyst replied Feb 3, 2016Okay so with all that volatility finally taking a break (go to bed US traders), maybe we'll get a little sell off here. There is a bearish cyclical top in place, but it won't match last nights bullish signal, and it carries the additional risk of ...
EURUSD
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TheFxAnalyst replied Feb 3, 2016Mick, I know that wasn't directed to me, thought I'd chime in though. The market seems to be getting a wiff that the Fed rate increase may not be as robust as thought... that adds all kind of complexity and risk to the market. What if the Fed does ...
EURUSD
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TheFxAnalyst replied Feb 3, 2016I have no idea where the top on this is... I honestly thought it would have halted before it did. This much reaction to oil, in front of Draghi and NFP seems, dangerous. It's fine if your a short term speculator - good even - but can you imagine the ...
EURUSD
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TheFxAnalyst replied Feb 3, 2016Went further than I thought it might. It has stalled just a few pips shy of R3, but I'd imagine it will trigger it at least for a moment. This should kill the price action and any further (significant) gain for the balance of the day.
EURUSD
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TheFxAnalyst replied Feb 3, 2016This is the bullish cyclical move I talked about last night and I really have to wonder if it will persist outside of this range. With Draghi tomorrow and NFP Friday, I'm not sure it can (should?). Time will tell but I think it gets itself capped ...
EURUSD
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TheFxAnalyst replied Feb 2, 2016Kind of an interesting setup tonight in the E/U, not a huge fan of it, won't trade it, but might be worth looking at none-the-less. If I were going to guess where the cyclical model was just buy looking at the price action I'd assume we'd be seeing ...
EURUSD
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TheFxAnalyst replied Feb 2, 2016If this bearish cycle plays out in the index it could be breaking out of this channel in the next 24. There is an opposing - bullish - cyclical indicator in the underlying pair that may stall it or or restrict the downside if the price action stays ...
AUD/USD