I like that call. At that level my cyclical analysis will probably be bullish again.

Cable Update (GBPUSD)

Probably don't need to say this, but it can't hurt. When you have a strong fundamental impact the way we did last night with the Yen, it get's much harder to trade straight technical models. Ranges, levels, cycles, regressions, overshoot, undershoot ...

Currency Scan

Stalling right around last nights high. The next target for me on this comes in at R3 121.44. US traders are coming online so we may see a test of that area beyond that is anyone's guess, when you're dealing with fundamental shifts the techs go out ...

USD/JPY Discussion

You may be seeing some of the US traders getting on the Yen bandwagon from last night.

EURUSD

Cable just cracked through trend-line support. Minor (oscillator channel) support is just below, much lower than that will probably be a pretty choppy affair that will drag into next week. Current shorts look good but I'm not sure I'd get short at ...

Cable Update (GBPUSD)

E/U breaking lower out of a relatively neutral stance (from an intraday perspective), sitting at minor support, if that gives its got so room to run. Ranges are attached.

EURUSD

Cyclical Watchlist: I've kept anything Yen off this for right now, not looking to analyze technical trades until the fundamental picture has completely played out. I've also eliminated pairs where the intraday techs are mixed or the pair is dead ...

Currency Scan

London Lunch Momentum Watchlist: Handful of movers mid-day in the UK. Charts, analysis and correlation are attached for: AUDNZD EURCHF EURGBP EURJPY GBPUSD USDCAD USDCHF There aren't any of these that really stand out to me as great entry points and ...

Currency Scan

I honestly wouldn't be surprised to see the EUR/USD fill this spike lower - or most of it - back in with a slow grind south. The initial reaction may have been the "right" one, but thin markets and pending buy orders just below triggered the whip. ...

EURUSD

lol... man that takes me back. Welcome to the world of trading. Say goodbye to your bed. Actually it get's better, just keep your leverage and exposure in check and you'll sleep like a baby

USD/JPY Discussion

A lot of this move in Yen is going to be the result of the markets being thin, that's why there was such a strong move and immediate correction. I also think that's the danger going forward through the balance of this session, things could continue ...

Currency Scan

Thanks grenell, it's a work in progress, hopefully it's useful and continues to get more so as time goes on.

Currency Scan

Thank you for all the support and interest in the analysis. Ten days in and I just hit the "Medium Impact Zone". That really means a lot. Thanks again. - JP

Currency Scan

I go months and never make a trade, I'm an inactive trader for the most part. I wait on long term stuff to emerge on both the technical and fundamental side. If I think I see something (like with the USD/CAD this month) I'll build into it and hope ...

EURUSD

sorry man... looking for a little reversal here once this cyclical top gets a little longer.

AUD/USD

You can spend a lifetime trying to perfect entry and exit and you'll only make yourself miserable. I know a lot of people will disagree with this and that's okay, for me, I scale in. If I know I'm going to put on ten full lots and I'm trading off a ...

EURUSD

Tiny little move in the USD/JPY, nothing to write home about yet. Little bit of front running to the BoJ Report. Outside of that the markets have calmed considerably. I'll take a look again before the EU session unless something triggers and I get a ...

Currency Scan

I think you're correct on that account. If you've planned a -30 sl (hard, mental or otherwise) and you let it run to -100 you've set yourself up for failure. Because everything is relative, when you plan on being in a trade for weeks it's a pretty ...

EURUSD

I can't speak for anyone else and never criticize other systems, but that's my conclusion as well. I'm personally much more comfortable sitting on the sidelines and targeting what I think is going to be a 300 to 500 pip move over a couple of months ...

EURUSD

EUR/USD starting to pull back just a bit from that area of resistance. Could see a little grind back down. Now I've got to un-lazy myself and get to work on the Index integration... (hacking photo's doesn't count)

Currency Scan