Quite so - doesn't look like any demand until 116.5 116.80 on the hourly at least.

USD/JPY Discussion

Been wondering about this also. AUD/CHF is a strong proxy for global risk and that has tanked in the last 48 hours but bounced back up during London session on Thursday off of strong 0.8200 demand area. ATM E/U and U/Chf are moving inversely, which ...

EURUSD

Looks like supply at 1.2555 all the way up to 1.2580. Solid demand 1.2520s to 1.2530s. Amazing that it's being held up despite weak French & German data + strong US data.

EURUSD

Love those ones, good picking .

EURUSD

Right! typo there.

EURUSD

Supply at 1.2620/30 seems better place to start a short. Don't see any supply at 1.2580 currently on H1.

EURUSD

Well you might get lucky with the anticipated high volatility. The 23 pip deficit could be erased in a matter of a few moments. Since it's hard to say the final resulting trend, I'd say just move your target price to just a few pips away from entry ...

EURUSD

Might be range trading now between 1.2550/60 supply and 1.2520/25 demand through till FOMC...

EURUSD

Interesting to note the buy signal triggered at start of Aussie session today, and which has carried forth. I can't imagine ZEW news to be Euro-positive though so this might be a bull trap.

EURUSD

What basis would they even have to ban forex? That it's risky? Banning forex, even if just to retail traders, would be a serious violation of free market principles. And anyway, in the end how much more different is retail forex from options or ...

Banning All Retail Forex In The United States?

Seriously! So much for all this talk of 1.27xx by the bulls on this board. Everytime I come here there's an opposite opinion by a so-called "senior member" with their "fool-proof" Fibo charts and blah blah blah .

EURUSD

Interesting, how do we know it wasn't the work of SNB? Were MMs bidding it up to take advantage of selling it from a higher level in advance of further easing?

EURUSD

It still feels to me that E/U won't be very volatile - or as volatile as today's NY session spikes. It's only when NY is in play that we seem to be getting these annoying spikes for no reason at all that ruin the normal course of trends.

EURUSD

Seriously considering quitting trading New York sessions. For the last two weeks ridiculous reversals in E/U during the 10a-12p EST times on no news and/or that were not supported by Asian or European session trends.

EURUSD

That's what I keep thinking and have been wary of shorting E/U too much. E/U has to rise or U/Chf has to rise or both! And whatever it is, if one is falling the other one of the two underlying has to rise more than the other to ensure the peg. So ...

EURUSD

Yeah, looks like another spike back up!

EURUSD

ATM U/J is not crashing as much as E/U is spiking up so it does look like E/U centered. Maybe it can come back down to the 50s within the hour or so??

EURUSD

The current TF, whatever I am on.

DIDI Trading

I am finding that in using the DIDI indicator, the point where the green and red cross is NOT the place to enter a trade. I know this was remarked in the beginning of this thread; but I added this indicator to the Genesis trading system (found ...

DIDI Trading

If there is an intervention are they going to buy Euros or USD or both?

EUR/CHF