Your lines aren't evenly spaced. The bottom red line should be much lower to match the space between the top line and the middle line, fwiw. Your low should be more like 3485 not 3581.

EURUSD

Very nice. Trading Cat.

EURUSD

Yep, it's happened in history before. The King of France attacked the Templar Knights on Friday the 13th and arrested them because he was so indebted to them and wanted their fortune (that or he was tired of getting bill collection calls at dinner ...

EURUSD

I already did it earlier.

EURUSD

You said it like prophet. Wise words.

EURUSD

That would play into the Options Expiration that is coming up. Very often the week prior is a minor retracement of the previous trend then it resumes the week of O.E. I used this kind of play in the stock market successfully for years. I see how it ...

EURUSD

So, it's either going up or it's going down. Hard to go wrong with that scenario.

EURUSD

Doubtful, imo. Unless they have another BS rumor to spike it up again.

EURUSD

I will not be surprised if the bears come back out during the next 4 hour candle. That's after 1 pm EST.

EURUSD

I have EMA 50 just above 1.3820 right now. I doubt it gets above that level for too long. The major trend is still down on the higher TF's. Once the down trend resumes it will be swift, imo.

EURUSD

My Daily Pivot is at 1.3669(which we are currently below) and the NY Forex session doesn't close for another 44 minutes at 3 pm EST. Where are you getting your info?

EURUSD

ECB President Trichet Speaks in an hour, so it could the catalyst for the next down leg to begin.

EURUSD

okay.

EURUSD

And here we go.

EURUSD

Just my opinion, but this small gap up is part of big boys getting their shorts back on after the G7 meeting didn't provide any real news of intervention. Now I think it's back to regularly scheduled program of Doom for the euro.

EURUSD

Is your last name Tesla?

Trend Trading All Pairs

The powers that be that control the USA markets do that Friday pop thing all the time after big down weeks so the media won't show the 10K Dow breaking all weekend and panic the public. As Billy Ray Valentine would say, it's a move that "should ...

EURUSD

Thanks. I just think the E/U bears have been so strong that there is more downside to come. The Euro Zone countries are having one piece of bad news to weaken the Euro after another. That 61.8 fib level on your Daily chart looks like a good place ...

Weekly COT report Analysis + Trade Ideas

Nice info on the E/U. I rode down the E/U & G/J this week. Now I only hold the E/U.

Weekly COT report Analysis + Trade Ideas

I believe it will retest the Friday low on the Daily chart before it even thinks about a retrace. If it doesn't go back down there to retest, I think it will go sideways a bit then resume the selloff and crash right down through it by mid next week ...

EURUSD