Nice chart...using Jim's terminology the tweezer bottom engulfing might also be a dblhc + OVB. Since the bulls are weak then maybe you could of gone on a limit hunt of 80-100 ret of the blue candle with added confluence of the fib & channel line as ...

GBPUSD

Large vs Small Price Patterns — I've highlighted a few areas on the chart and would like to collect your thoughts on the following price action: 1-2-3 pattern - can be high or low with the 2nd peak not reaching the 1st - along with a reversal ...

EURUSD

how did you work out the fundies - does it include that matrix you posted? i see 114 as weekly support that might cause the selling to pause or bounce - thats why i want to see a convincing break!

Bonds

random entries!? surely not! don't you mean "well researched" instead!? i haven't studied bonds that long so haven't really got a good feel for the s & r levels yet - that's where i was hoping you guys would come in! also my broker doesn't have a ...

Bonds

If only I could catch all the circled moves then I'd be very happy (and also rich)!!! Where can I buy this "hindsight" thing!?

Query: Moving Stops to Breakeven

last one - price action before #77 — showing breakout from long consolidation pattern and then pullback (#77).

Query: Moving Stops to Breakeven

another confluence example — same pair, bit later on, after the channel break. note that on the big ellipse you could: 1. sell on the trendline 2. sell on the MA 3. sell on the trendline/MA intersection 4. sell on the 50 fib ret 5. sell on the ...

Query: Moving Stops to Breakeven

trendline example — Showing two entry points: 1. bar pattern bouncing off line 2. price pattern break Both inside a nice channel pattern last month. Note on the second example the price closed below the line for a few bars - no line will ever ...

Query: Moving Stops to Breakeven

i bet you'd knock 'em dead, merlin - don't be shy now! i think there are far better traders on this board that would do a much better job! seriously i think that they could be just as good as the experts out there and plus you get FF in the ...

Forex Trading Expo Casebook (merged threads)

yes i find that it can be too much information so it can also be distracting. however you can't ignore them altogether even if only to know which days to avoid opening a position! chewing the fat over fundies out-of-hours is however another matter! ...

What moves the markets?

thanks jim, all compliments gratefully received!

Query: Moving Stops to Breakeven

OK I'm a bit late to the party on this thread but I thought that another old maxim: "Buy on the dips [if the trend is up] or sell on the rallies [if the trend is down]" was a common way of saying wait for the pullback and take your position. Also if ...

Query: Moving Stops to Breakeven

Yes I find that slowly but surely I'm heading the same way. I don't bother with reports in the European session anymore, and I only look for the big US numbers as possible days to avoid entering a trade or perhaps closing a dollar position early if ...

What moves the markets?

i meant delivering a speech or presentation like the other guys (and gals)!

Forex Trading Expo Casebook (merged threads)

merlin, how come you're not taking the stand!? i thought that forex factory should be up there with the best of 'em! i wonder if there will be a video recording or session transcripts made available so that those who can't attend can see what ...

Forex Trading Expo Casebook (merged threads)

hmmm...interesting positions! i thought i'd check 'em out on the charts although i have guessed where your entry points might be (blue & red circles). on the 30yr 114 seems to have fluctuated between s & r on the weekly. also from the monthly and ...

Bonds

running back down? — i think now it is under 117 it might drop quickly to 114. merlin is the "action man" on bonds so i'm hoping he'll comment on his shorts!

Bonds

Do you mean something like this?

EURUSD

A few questions — Merlin How did you work out the probability of each outcome? What are your definitions of economy strong, steady or tanking? Does MP alway imply a 25 basis point rise per meeting? The futures market has priced in rates to ...

Central Banks Watch

30 yr T: Make or break..? — On the monthly, looks like a rising channel about to meet top edge of a symmetric triangle? Who's gonna win? On the weekly we can zoom in on the rising channel. On the daily there has been a sharp rise on the daily ...

Central Banks Watch