Your welcome. Another area to look at for potential entrys is when the fast trix bounces off the slow. In this case it would have given about 20 quick pips. I use a cleaned up version of THV to get a more precise entrys once I get a signal on my ...

EurAnalysis

THV is a fairly sound system. One thing you might want to consider on the 5 min with the fast trix at the position it was is wait for it to cross the zero line. Yes you might sacrifice some pips if it's going up, but it gives better confirmation IMO. ...

EurAnalysis

I'm not a fundamenatals trader either. I do like to read what they say though. 98% technical and it works very well for me. edit: The problem is there is a lot of stiff resistance in this area and it may or may not break through.

EurAnalysis

It's still not full blown yet, but you did warn them. I've been waiting since 0700 ET yesterday for this thing to go up about a 100 or so. Just too much negative stuff out of EZ. If it wasn't for that this would have been through the roof by now.

EurAnalysis

I follow most people's posts in this thread and I see your having problems not being able to stay with your trades and getting stopped out or missing your target. Sadly I can't help you with that specific situation, but I do have a couple ...

EurAnalysis

It's going to retrace soon. Exactly when, I can't say, but it's coming.

EurAnalysis

I believe you'll see 1.3400 before 1.3624.

EurAnalysis

Here's a striaght look at what's going on in Europe and the US, url

EurAnalysis

Money management is how you control your own personal acoount. Margin rates is how they control who participates. The CME is not concerned with individual traders MM. They are concerned with maintaing stability in thier products. So if they are ...

EurAnalysis

A margin hike is to keep under-funded accounts from participating in an instrument, not to make the trader think of proper MM. Margin hikes come when the volatility increases, which leads to under-funded accounts recieving a margin call. What the ...

EurAnalysis

Not so sure your going to get that 100 pip move right away. With the less than stellar ISM and the need to consolidate/retrace to ease the oversold condition.

EurAnalysis

This was a very good post. Most traders don't realize the banks (CBs and thier minions) are the one's that actually control where price will eventually go. And as you stated, it will benefit traders to understand the fundamentals, but the bottom ...

EurAnalysis

Pivot points, if set up properly, work as good S/R. I set mine up based on the 1700 ET New York close, which is the time of the swap. For the EUR/USD the Mx pivots and PP work best.

EurAnalysis

Yes, more often than not, when it hits that second outer band that is a good indication to go the other way. It's not an automatic entry, works best if the bands are more flatlined.

EurAnalysis

I also use the BBs. Mine are set up a bit different. I have 2 - one with a 2 sd and one with a 3 sd. Instead of the 20 I use 12. In ranging markets hits off the bands are a good entry for the opposite band. Makes it possible to take quite a few pips ...

EurAnalysis

You are correct. The theory that the gap will close quickly is just that, theory. Although most times it will close within the week at some point, one can not , nor should they, put in an order thinking it will close rapidly.

EurAnalysis

kno, I enjoy your posts. Not too much influenced by the FA, but it is informative. Also, since you keep it to the weekend, I don't see any problem. If one does not want to read them it only takes a moment to scroll past. Keep up the good ...

EurAnalysis

video

EurAnalysis

"Hope" is not a very good strategy. And his hope is deffinately not mine.

EurAnalysis