Hey All, I'm not so sure the Fed speech actually had much to do with today's down candle. I mean price pressure overall has been pushing EU down for over a year now. Being it that I am longer term trader, at least chart wise, this has zero effect on ...

EURUSD

Hey All, On the Daily chart, I see the Trade Triangle tightening. Price has been bouncing off the 144.00 area 6 times since January of this year. This is a powerful area it seems. Why? Why will Bears not give up this area? Going back to May 2018 ...

Dragon Riders GBP/JPY

I wouldn't count it out. As of this posting price is retracing 50% from the current candle low. My trade zones have not changed yet. 065000 is smack in the middle of my current low forecast for NZDUSD so with a bit a bias I hope it does hit your ...

NZD/USD

- Ric

EURUSD

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz - Ric

AUD/USD

zzzzzzzzzzzzzzzzzzzzzzzzzzz - Ric

USD/JPY Discussion

Hey All, My stop was blasted overnight. Net Trade was 38.9 pips. I would say that it was NOT all Bulls though. It is the last day of the month and I am sure it is a mix of re-balancing, cash outs and short term traders grabbing a bit on the way up. ...

Cable Update (GBPUSD)

Hey All, Price is playing with 125.00 level today as at has been for the last few trading days. Price still well inside Trade Triangle. No real change or update. - Ric

EUR/JPY

Hey All, So yesterday I said price was turning. Well today's candle close still lends to that theory. As you can see in the posted pic, price could not make it through 0.66800. This seems to be a contested level as a couple weeks back it was a ...

NZD/USD

Hey All, Well todays close was a bit bearish. Price did make it to roughly 50% retrace of the April 25th high of 75.710 (Pricing is from Oanda BCOUSD or Brent Crude) but came back down to nearly the open price. I would call it indecision really. ...

WTI Crude Oil Trading

Hey EvilEye, I don't see it on the daily chart. We are in a definite long term down trend. There is no up trend present. There is a current retrace (or upswing as you call it) that may change things but I don't trade that way. If you look at the ...

EURUSD

LOL... So sensitive. What did I say? - Ric

WTI Crude Oil Trading

Correct. I placed a safety stop @ 72.00 in case price dropped. I never really believed price was going to hit 85.00. I just really had no technical reason NOT to believe so. I do believe price should hit 77.00 - 80.00 by end of August to early ...

WTI Crude Oil Trading

I did not get out by choice. I was forced out. - Ric

WTI Crude Oil Trading

Hey All, EURUSD is not doing much yet. This weeks USD news may change that as my Trade Triangle tightens. Still on a short bias. Just holding for now till price breaks. - Ric

EURUSD

Hey All, How hum. Looks like price is turning. I may have to re-analyze when and where I may get it in. For now I will keep the same numbers. Will watch it this week for any reason to change.. - Ric

NZD/USD

And the trade is dead. Price spiked up and took me out with +5. No cost trade. Trade Triangle is shrinking. May wait for break out of TT. See what happens this week. As of now, I see this as a no trade zone. - Ric

EUR/JPY

Hey All, Well my trade is holding as it just barely scrapped by. Now it looks like price should head back down. With any luck it should break the trend line and creep down to my TP. Still have some news this week from USD that could do the trick. We ...

Cable Update (GBPUSD)

Hey All, Not much yet. Still waiting on some meaningful movement. - Ric

USD/JPY Discussion

Hey All, Same ol same ol by end of day. Still a ways off before I see any trades for me. I want to see a smash through 0.70000 to down side for shorts and 0.72000 for a long. I don't mind this range stuff per say, but the AUDUSD has been range bound ...

AUD/USD