Time for a pound trend change? — It's been awhile since I have added any charts but this one is a text book elliot count within a channel. Time to buy?

Technical Analysis and a few charts to ponder

Actually, FxMarketspace is spot, not futures and could have many interesting effects on the Forex market. Time will tell. FXO

Market Makers & ECN’s, Is the grass greener?

FX MarketSpcae announced that it opend today — I received an email update form FxMarketspace that they opened today. While we have already established that it will not be available to individual traders, I expect it to have a direct impact on ...

Market Makers & ECN’s, Is the grass greener?

H E L L O ! echo echo echo — Wow, Non farm used to inspire a huge conversation at Forex Factory. Now it looks like a ghost town. Where is everyone?

NFP March 9

And last but far from the least the juggernaut....... — Here is my old daily chart on the Gbp/Jpy. As you can see we blew out the top of the bull channel in December and everyone in both hemispheres was long. The break of the 230.00 trendline ...

Technical Analysis and a few charts to ponder

Potential Usd/Jpy targets — Here is a look at some of my Usd/Jpy targets. First being 115.00 with 112.00 below. I will be looking for a solid reaction upon a touch of 115.00

Technical Analysis and a few charts to ponder

For the love of Yen and the dash of the 2.00 GBP/USD — We'll the full scaled carry trade unwind panic is in full swing. The question of the day, week and maybe the quarter is already "where is the bottom". Here is a look at the current 4hr ...

Technical Analysis and a few charts to ponder

Core PCE — There is another I will be looking to trade tommorow that we have no charts on. The Core PCE price index. I seem to remember that on being pretty good.

Historic Charts of Economic Releases

Your the best BK. Yes, I agree. It was not a good as I remembered for some reason. Like the memory of an ex-girlfriend LOL

Historic Charts of Economic Releases

Was hoping we could have some PMI charts for tommorow Bk. Any chance?

Historic Charts of Economic Releases

GBP/USD is no place to be. — Recently, about the worst pair to trade has been the GBP/USD. The combination of yen strength and dollar weakness has left the pound in a range funk. All of this has been driven by the inverse effect of the GBP/JPY ...

Technical Analysis and a few charts to ponder

Reputable and efficient firms process these transactions same day. This is one of the key areas I look at when evaluating a broker. A solid back office is an excellent tell. Chose accordingly.

Funding is quick, withdrawing processing takes a week?

More pound thoughts — While the GBP/USD move was limited by the new Yen strenght on Friday, I see the next upside resistance for the GBP/USD being the 1.9750 area. I show minor support at 1.9600 with 1.9550 just below.

Technical Analysis and a few charts to ponder

Weak brekout for the pound — The pound breakout is weaker than the other dollar crosses today. The daily range king normally dominates these breakouts but has been limited so far to 1.9640 while the Eur/Usd, Usd/Chf & Usd/jpy have kept ...

Technical Analysis and a few charts to ponder

Looks like we had a nice reaction to 1.9440. We are now hovering around the 1.9550 support/resistance area. The BOJ interest rate decision/statement tonight and the U.S. CPI will be shaping the market and giving the pound direction.

Technical Analysis and a few charts to ponder

I very much like those old resistance new support trades. I would like to see this opportunity myself.

EURUSD

Pound weakness still prevalent — Here is an updated GBP/USD chart showing the horizontal price channels I have been watching on the pound. The pound/US dollar cross has fallen down to the 1.9440 support line. with the U S dollar going sideways ...

Technical Analysis and a few charts to ponder

Great observation on the expanding triangle ghitz. Most people dont notice them and as you stated they often preclude a big move. While it is early yet on sunday, my charts are showing an upward gap in the pound to 1.9550. This puts the pound above ...

Technical Analysis and a few charts to ponder

Absolutely. The reality is that economic data moves markets. Rather or not Banks supplying liquidity instantly or after a delay, the market will adjust. So many people come off that data traders are bad or wrong. This is just nonsense in all of its ...

Comparison of AutoClick Services

Your analysis certainly matches my above 3 charts depicting a weakening dollar. However, the GBP/USD is most difficult to analize technically right now because it is weakening too due to bad data and the subsequent bail out of carry traders of the ...

Technical Analysis and a few charts to ponder