Here's how I see it. That little spike down is a bit fishy and lots of bear divergence.

NZD/USD

Just a thought. It would seem that the dollar might respond well to the news, whatever it may be.

Cable Update (GBPUSD)

Doesn't always happen, but its nice when pretty much the whole basket is aligned.

Lizard Gizzard's Bouncy House

Hi, Bruzo. I would second everything above. After about ten years of dabbling in this with some nice successes and some grand failures, I have to say that what really really matters in trading is the boring stuff: psychology and money management, ...

Introduction and trading basics

Everyone has their opinion, of course, but I think that stops and targets that are not based on price structure don't make any sense at all. However, if trailing stops are a necessity (if you aren't available to monitor the market, for instance), ...

In general, do trailing stops enhance or hinder a strategy?

Adjusted basket a smidge this morning. Its nice being able to go back to only having to look at charts for 5 minutes at a time three times a day and adjusting positions on the iPhone. Started buying into USDCAD and GBPCAD fall, though those two ...

Lizard Gizzard's Bouncy House

Things move too quickly to really update here trade by trade. The basket gets adjusted when I see fit. This morning, it was while lying in bed, half drooling and staring at an iPhone. Took a GBPAUD short yesterday in the nick of time. Basically just ...

Lizard Gizzard's Bouncy House

Haven't been here for a while, but closed out the USDCHF mostly for a bit of profit and entered a new divergence basket based on semi-old principles.The main philosophy is that price can't be predicted…..but it can be reacted to. one can certainly ...

Lizard Gizzard's Bouncy House

Seems like the spot to start buying again if one was so inclined.

EURUSD

If it holds up, that's a pretty solid 4H rejection and thrust bar to the upside.

EURUSD

Still looks like pretty easy long from my perspective with all these factors. Perhaps a trap spike to 3500-3540 again first.

EURUSD

Just tacking on a rather simplistic chart view from one perspective.

EURUSD

Agreed, Fractalist. I've been holding a short trade and waiting 3 weeks in anticipation of the drop. Next week would be terrific. Either way, I'm just ready for SOMETHING to happen. Boring boring boring.

USD/CHF

More bull tracks.

EURUSD

Great spot to buy more?

EURUSD

Waiting patiently for momentum to shift to the upside like it seemingly wants to.

EURUSD

Still seeing this and waiting patiently. Lots of information suggesting momentum shift upwards with 3501 being the low for a good while. Might take quite a few days to play out.

EURUSD

Holding usdchf short over weekend. It was clearly just a matter of time before the drop, based on momentum shifting as foretold by heavy divergence in the CCi and macd. Enduring the ECB spike was somewhat harrowing but one has to stick to the plan. ...

Lizard Gizzard's Bouncy House

Helluva day. Holy Moly.

EURUSD

Hmm, doesn't look very bearish to me.

EURUSD