Playing this hourly inside bar. Stop at 89.30. 4HR chart saying sell. Going against the weekly/monthly hindsights however. Checking back in 1 hour. Left is 1HR. Right is 4HR.

USD/JPY Discussion

Price has got to bounce one of those lines eventually..

XAU/USD & XAG/USD - Gold & Silver Traders Thread

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XAU/USD & XAG/USD - Gold & Silver Traders Thread

This is my sentiment exactly. Charts just look indecisive. Price needs to consolidate like BBKing is also saying.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I would say the bias is for gold to head upwards in the next 3-4 months, but now doesn't seem the time to be buying. Last week was an inside bar, but the weekly chart action is not very clear. I'm waiting until next month at least before I start ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Pretty critical time right now. Lets see how she responds.

USD/JPY Discussion

Glad to hear we are gapping up. I hear you about the shallow pullbacks, but last weeks action did retrace past 50% of the previous week. I'll simply be watching price action looking for any low risk entries. Also, when a level like 88.12 appears too ...

USD/JPY Discussion

88.12 is the best level to watch this week. Perfect confluence of 50% Fib & last weeks open price.

USD/JPY Discussion

Pretty clean 4hr pinbar. This goes against monthly/weekly/daily hindsights, but could be the top for now. url

USD/JPY Discussion

163.20 on GLD has a chance to be the bottom in my opinion. Not really the cleanest looking charts I've seen, but a viable entry time that is low risk.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

All of them are relevant and everything Graeme says is for a reason. Hope this helps!

Building an equity millipede

Simply clicking CTRL + repeatedly will zoom in as well. VEE -- how about EURAUD? Ugly looking close...

Building an equity millipede

Not a lot of great looking pairs out there right now. JPY looks really weak overall. Best trending pairs in my eyes in order of preference: 1. USDJPY - Long 2. EURJPY - Long 3. GBPAUD - Short Here is last months monthly candle reads: url Momentum ...

Trend Trading All Pairs

Could you explain what you mean by this? I don't quite understand. I think weekly chart is bullish now simply because its green and it retraced over nearly all of last weeks range. I consider a retrace past 61.8% of previous candle a possible ...

Building an equity millipede

Monthly and weekly charts look kind of messy. Last months candle was bullish so this could just be a retracement of last month. We don't really know for sure. I'd say there are cleaner moving pairs out there. zusch

Trend Trading All Pairs

Lower timeframes were giving some hints that the streak of 10 down days in a row could get snapped, but really monthly/weekly/daily were all still saying sell and its not our job to predict when that streak will get snapped. Good job taking two ...

Building an equity millipede

Sure anything is possible. Maybe closing your smallest leg like Graeme suggests would be an option to recoup any losses you incurred while building your legs, and let your mind forget about your open positions left over. Just seems unlikely that the ...

Building an equity millipede

I agree with your decision not to diversify here. I'd hold till the end of the month at least as last month was a very attractive pin bar and we are already trading below last months lows. Bears in firm control.

Building an equity millipede

I personally do not look for wedges like the one you have drawn, but I often trade them because I prefer to look for inside bars on monthly and weekly charts. When you zoom into a daily chart like EURUSD it looks like a wedge, but it is really just ...

EURUSD

I'm sensing some sarcasm in your post, but I'll try to explain why Monday is so important. Weekly candle is suggesting a retrace up to 1.29 would be logical... However Fridays daily candle shows a ton of selling pressure and a retrace of even 50% of ...

EURUSD