Not necessarily another month. If this month's bar closes as a pin, it is confirmed by a break above it which can possibly happen on the 1st of October. Last daily pin on sept 11 has worked fine so far. Last week's bearish pin was suspect as monthly ...

EURUSD

pin bars

EURUSD

Took a jacko long on touch of monthly TL. Added to it on the break of the sept 11 daily PB, added again on the break of the weekly PB, will add to it again if we get a PB this month and it breaks above. EDIT: Not fully jacko I know, some james16 ...

Trading Euro ONLY for Jacko Style traders

A lot can happen in 6 days, but if the monthly price closes above 1.4571, we'll have the holy mother of PB's EDIT: I believe we need to see wave 5 too. I am no elliot wave expert though

EURUSD

Yep, created out of thin air, disappeared into thin air.

Who benefits from this financial carnage ?

In turn, the tax-payers will foot the bill.

Who benefits from this financial carnage ?

I'm sure there's been some golden handshakes along the way {conspiracy theorem}, but essentially the money has disappeared into thin air. Here's why: 1) Person obtains $500,000 loan for a house worth $550,000 2) Value of house drops 30% 3) Person ...

Who benefits from this financial carnage ?

1) Which one is next? Who knows. My question is how many other countries/nations will have the same/similar fallouts? This problem is not going to be just confined to the US. 2) What effect will these developments have on liquidity? Short term it ...

3.58% of Forex Volume is Gone?

Very true. Life (or FX) goes on with or without you

3.58% of Forex Volume is Gone?

OANDA is good for weekend gaps. Shows you when the movement occurred between Friday NY close and Monday (Aus time) Aussie open. I also use FxPro, with them you have no idea what happens over the weekend as the platform is inactive during this time.

EURUSD

And same to you mate, hope all goes well. My wife's water broke a couple of hours ago and her contractions have started. Yes they are, the settings that can be used is endless.

Why Indicators will fail you

Ah yea, can't forget the old volksie. Sorry, my German is about as extensive as malcolmb's

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

It's generally news that creates the gap (not necessarily news over the weekend either). Last week, it was the collapse of Lehman Bros that caused it.

EURUSD

Yep, breakout....

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

Just pure gold

Why Indicators will fail you

Because human nature does not like simple. They think they can modify and refine things in attempt to make it right all the time.

Why Indicators will fail you

I have nothing against you steelo, I just don't think it's fair to dismiss something without justification. Saying that technical indicators are useless without reason and it's my way or the highway is self-centred and misleading to those who don't ...

Why Indicators will fail you

You forgot Mercedes-Benz

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

The only divergence I see is from the highs up in the 1.60 zone.

EURUSD

The bearish divergence is done and dusted my friend.

EURUSD