Firstly .618 means absolutely nothing, secondly you are using it wrongly, you are in an uptrending market, so the higher probibility is up, hence anything over 100% is fair game 127,161. Doing it like you have down it indicates a down bias, which ...

EUR/USD Starts Week with 61.8% Retracement Pullback

Ask yourselves the simple questions on the hour chart is the market on the bottom left, and where are we now top right. So which way is it going UP, when will it go down, simply when it does, at the moment and until further notice we are in an ...

Greek politicians have reached an austerity deal: FT reports

Well according to a couple of calculations I made we have a cycle comming in on the EURUSD. I am expecting Fridays top to be exceeded then a fall that might not take out jans 13th low. Have to wait and see

Greek Parliament Passes Latest Austerity Vote

Yohay was bearish the EURUSD on the 5th Jan and after a brief fall of 160 pips had you joined him you would be holding a very nasty 450 pip loss (ouch). So disregard the news as clearly if you want to make money as a trader its not the way. An old ...

EUR/USD Outlook February 13-17 2012

With Yohay bearish the EURUSD I remain bullish, such is the lads uncanny accuracy for calling the opposite direction I have to respect that. Much as I would love to short the EURUSD, I have to say the Yohay is beyond accurate. As I write this I can ...

EUR/USD Outlook February 13-17 2012

I have been buying eurusd and gbpusd and audusd eurjpy all they do is go up. Selling a rising market is crazy, but sadly thats what all the idiot trading books tell you to do, I feel sorry for the people on this forum using indicators, trading ...

Greek politicians have reached an austerity deal: FT reports

Overbought signals don't work in uptrends

Greek politicians have reached an austerity deal: FT reports

Jak retracments are about the weakest link going S+R is much more accurate with timing cycles they are about the best I ever found. I posted a chart in another area on FF of where and when I think this eurusd is moving. url

Greece: 'There's no more left to cut'

Sadly the lord does not pass his trading sheet onto me, its just based on the current market cycles, nothing fancy

Greece: 'There's no more left to cut'

My estimation is a rapid charge to 1.3650 area then a fall back to 1.29-1.20 by March

Greek debt not sustainable with 70 percent haircut: S&P

The EURUSD failed to drop on its time cycle yesterday where I was calling a possible top. My next cycle is on the 13th Feb in the meantime I re-analysed the market using weekly monthly and daily data. Accordingly my Hurst based analysis is pointing ...

Greece: 'There's no more left to cut'

My cycle on the 6th was taken so I am not expecting a turn till the 13th Feb

Greek official says no bailout deadline Monday

You donuts have been bleating about the fall of the euro and the collapse of the single currency. Meanwhile all the eur has done is go up. With all this negative news about all I can think is that the eur will continue to rise, lets wait until the ...

An orderly EMU break-up, à la Française

I turn from neutral to bearish on EUR/USD Yohay 5th Jan 2012 you got to love him

EUR/USD Outlook February 6-10 2012

For sure this was a well set trap, you got to expect it, as I keep saying this is designed to fleece you, its not a fair fight, they have all the toys, and its your money they want.

Greek official says no bailout deadline Monday

This is all to catch you guy wrong,don't you get it. Everyone went short this morning on the expectation of bad news. Now we have no news so the eurusd will climb, allowing the market makers to position against you, in fact with no news out it could ...

Greek official says no bailout deadline Monday

Watchout chaps they might try to catch us off guard by moving the market hard one last time, I have no idea if they will but its one of their dirty tricks

EUR/USD Outlook February 6-10 2012

Sure I had a time cycle come in on Monday, we will be down a while I think

Euro softens as Greek deadline looms

Rule of taking your money 1. Scare you by moving the market hard and fast against you, early session is low volume so its easily done. 2. Confuse you by pacing market backwards and forwards against you. 3. Take the low or the high of the market out ...

Euro softens as Greek deadline looms