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MaximeCau replied Mar 24, 2015Big players look for shorting the highest price and buying the lowest price. If a news will go down, they want to short high, so they make a buying climax before the news. Now, if news will go up, they want to buy low, so they make a selling climax ...
Cable Update (GBPUSD)
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MaximeCau replied Mar 24, 2015Under major resistances here, something is being prepared
Cable Update (GBPUSD)
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MaximeCau replied Mar 24, 2015Retracement or beginning of an uptrend ? I personnally consider it as the beginning of a potential trend reversal, as we had a strong reaction on monthly support. Look at the strong up move we have since last week.
EURUSD
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MaximeCau replied Mar 24, 2015You were right, after a small up move, go back down, I don't see any major support at the moment, we should continue lower. We are breaking current support
US Dollar Index
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MaximeCau replied Mar 20, 2015We are approaching two potential climax. For sure, USD will be stronger and we'll break both monthly support and parity on EURUSD. There's two things wich may push euro lower : Greece and US Interest rates. Fed was supposed to do it on march, but ...
US Dollar Index
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MaximeCau replied Mar 18, 2015shooting star is negative, the candle is positive... no shooting star. It's an inverted hammer (bullish). You should stay away from any selling position for today.... This could be a trend reversal.
EURUSD
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MaximeCau replied Mar 18, 2015The move was easier to guess here.... It will be interesting to see what will happen now
US Dollar Index
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MaximeCau replied Mar 18, 20151 minute chart, same pattern as the monthly one, it will be interesting to see how we'll break it...
EURUSD
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MaximeCau replied Mar 18, 2015Here is FXCM quotes, 15 minutes time frame. I don't trade with FXCM, I just use them for volume. Your candle doesn't exist, it's a fake move to catch stops. You should change
.US Dollar Index
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MaximeCau replied Mar 18, 2015Can you tell the timeframe you use and the hour of this candle ? I don't see it, I think it's a "fake" candle from your broker... Who is your broker ?
US Dollar Index
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MaximeCau replied Mar 17, 2015haha, that's the question ! We are approaching a major resistance... Look at my chart.
EURUSD