This is the likeliest reason why we are seeing a pullback. It is helpful to look at higher time frames. image

USD/JPY Discussion

I edited my comment. USD is still quite strong. Caution needs to be taken shorting this pair.

USD/JPY Discussion

124 is a real possibility. But caution needs to be taken shorting this pair.

USD/JPY Discussion

This pair has gone up too strong, with minimal pullbacks. It seems it is due for a correction.

USD/JPY Discussion

The current financial system is imploding. Don't believe it? You will eventually have no choice but to accept it. You will be using digital currency in the near future. The printer is about ready to run out of ink. It is a race to the bottom. Looks ...

EURUSD

USD appears to be unstoppable. I won't be surprised if it goes to 103. Too bad the US economy isn't showing the same strength as the dollar. Just goes to show how much of a farce the markets are. It's all lies, pushed to make the rich richer at the ...

EURUSD

You have to take what you can get on EURUSD, because the sideways action is EXCESSIVE!

EURUSD

It happens. You will do better next time.

EURUSD

1.08 seems reasonable.

EURUSD

Trading is easy when you limit your pairs and learn patience in waiting for the right setups.

EURUSD

There is a right way to do this, and there is a wrong way to do this.

EURUSD

You are right.

EURUSD

How do large institutions trade Forex? They hedge. They are not trading in only one direction, but in both directions. Why do they do this? Because they deal in millions of dollars, and can't fill all of their orders in one shot. Some call it ...

EURUSD

If that is what you call 'help', then you probably should cease and desist from trying to help others. And what makes you think he needs your help? I have an idea for you. Focus on your own trades. If people want your help, then they will ask for ...

EURUSD

Try other pairs. EURUSD is not worth the trouble. Other pairs are trending nicely, such as AUDJPY, GBPJPY, and EURCAD.

EURUSD

Based on this information, if Techanalyst returns, and I will likely know it if he does, and shows self-control (no more verbal abuse towards others), I won't call him out or report him for coming back under a new username. Even though he has caused ...

EURUSD

I have no doubt you would get yourself into trouble over this. Don't do it.

EURUSD

Well, I can't say I am surprised. I would be OK with Techanalyst returning if he would be respectful towards others. Seriously. But I don't think he has the self-control. As for your demo experiment, that is quite interesting! I think you will ...

EURUSD