I would say flat bottoms are of higher probability of being in the money than declining bottoms... TA books will almost always show you flat bottoms as examples. That's just me. This also makes perfect sense too, think about it if you have declining ...

USDCAD trend reversal?

Cesarmc, I saw an excellent clue for this fall on the Yen Futures chart as mentioned a coupla pages ago *pats on own back with 2 hands* Btw it looks like usd/jpy is 'out of control' after forming this megaphone-looking or reverse triangle on the 4h, ...

USD/JPY Discussion

Looks like it's setting up for more down down down after the hefty retracement from this 4 hr bar no?

USD/JPY Discussion

Fellas... — Hey fellas, I hope most of you have had a satisfactory day with the excellent short setup we had in UJ. I'm 178 pips up and out, set up an order yesterday, the big give away was the Yen Sep7 Futures charts closing as wickid wickid ...

USD/JPY Discussion

Due to my boredom here is some eye candy, I caught this. It's still early. Recently, Gold has formed a very reliable reversal signal, the reverse head and shoulders, what a beauty, the pattern was completed in a textbook fashion, just right.$$$ in ...

Cable Update (GBPUSD)

[quote=acongfx;1490656]Can Cable Going down to 2.00 in this week?[/ Ofcourse it can, but that is some low probability scenario based on the break this week of last week's high. On the other hand, if it breaks some beyond 2.019x(aka last ...

Cable Update (GBPUSD)

Fellas... — Hey peeps, Pretty new trader here, trading 4h/Daily with Weekly chart confirmation. I'm not one of those people with avatars and gazillion posts and so much spare time but I've made some observations and would love to hear what ...

Cable Update (GBPUSD)

Orion: I say Gann probably couldnt make money trading but was great at writing books and thinking up Fantastic theories

Daily GBP/JPY analysis