big mistake. financial markets are the best tool to make money. 'the house always wins', does that ring a bell? never ever forget this...

EURUSD

that one is tricky. let me put a chart with my targets - most chances for this week are for 1.4070 and 1.3790 to be reached; 1.41, possibly, but not if 1.3790 is broken.

EURUSD

true. but if weekly is undecided, it's not wise to take signals from daily :nerd:... no matter how "decided" this may seem. what do you think?

EURUSD

come on... ! i was talking about last week's candle.

EURUSD

we may see another rally (with or without a new high) but i wouldn't count on seeing 1.42... although it may get pretty close. my figures are either 1.4074 or 1.4195 (for this week), above; and 1.3790, below. but this is just my scenario.

EURUSD

look at the weekly... a spinning top . which one would be stronger, a daily or a weekly pattern?

EURUSD

well now you made me curious

Auslanco - GBP/JPY and GBP/USD (newstrade)

big players still distributing. there should be at least another rally, with or without a new high...

EURUSD

i still don't know how to interpret that kind of data, and honestly i don't know how i could use it to my advantage. as long as the broker is closed... nothing we can do about it. i trade with oanda, and they seem to keep their feed open over the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

no more bulls today... what happened to 1.45... darn well the sharp retrace is still well contained within the medium term trend. for next week, support is ~ 3720/80 (blue area), and if that one is taken then the road to 1.34/35 is open (green ...

EURUSD

it's not that, remember when crisis hit u.s. for the first time, the buck got strong... while unemployment was rising. let's see how much they'll push it down now.

EURUSD

hey chonchy, not much going on here... stopped trading for now and sitting on the sidelines to see what's next.

EURUSD

judging by your signature i would have thought you knew what was going on there...

EURUSD

lol nope... i never traded/trade/will trade during news. and even if i were, this would never affect my trading because i use higher timeframes. zoom out to daily and weekly, and see if you can tell when news kicked in - ? anyway... you didn't get ...

EURUSD

market is not moved by news but by volume. the bigger you are, the more impact you have on the market. if some news would come up good for the dollar, you would expect price to go up... but if at the same time you sell a couple of hundred billions ...

EURUSD

you never know for sure when a move is over or not. trading is not a sniper job therefore we can't ride all trends to the pip. yes we might visit 1.40 again, maybe post a new top (1.4050 or so)... but bottom line is that this area is strong ...

EURUSD

cable, hm, hard to say because chart is clogged with s/r lines. let's start with higher tf first... weekly shows price bumped into yearly resistance - violet lines. i would vote for a bounce back, at least to green lines (monthly support). of ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

long is counter trend now. not wise to do it...

Auslanco - GBP/JPY and GBP/USD (newstrade)

yes. all trends are down at the moment. red - weekly resistance green - monthly resistance violet - yearly resistance optimal r/r trades: - with the main trend: sell all rallies to red / green / violet areas - counter trend: buy on a break of red ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

technically, you can't possibly talk about a reversal. trend must be assumed intact until proven otherwise and in this case, bears have to break more levels on the way down... however, i tend to support your view because 1.40 is supposed to be a ...

EURUSD