Dragon pattern looks complete. Going long here, and placing a stop loss + short order just under.

USD/CAD

Price just kissed the up-trend support line. Perfect time to go long.

USD/CAD

1.07 is highly attainable in the coming days, given that price breaks out of the triangle. Nowhere have I said that "1.080 400 pips in few days" is on course. Harmonic patterns are obviously there, whether or not price will retrace or reverse on the ...

USD/CAD

My technical analysis is based on a short term uptrend, the general monthly trend in this regard is highly irrelevant, as the range of the market is too big to disregard any bulls and bears in the hundreds of pips. I do agree that price is currently ...

USD/CAD

USD/CAD just took a dip after a bearish bat pattern completed. This seems like a good price to go long. It looks as if the pair might go down 20 or so more pips to test the trend-line, So I suggest putting stop losses below that area. We have two ...

USD/CAD

Now would be a good time to buy targetting 1.57 Bears will not be strong enough this time to break through the uptrend support line.

Cable Update (GBPUSD)

What exactly are you waiting for?

Cable Update (GBPUSD)

I expected this purely based on geometry, after the bullish cypher was complete, the target was the last leg of a massive butterfly. If this does complete, it will look.......beautiful....... Long entry on the trend support line to 0.945.

AUD/USD

On the contrary, this will go up to a range of 99.7-100 Then we will see if bears will make a retracement or reversal.

USD/JPY Discussion

AUD/USD is now on it's course for a bullish cypher pattern, once that pattern completes, it will become a good opportunity to go long for a potentially large bearish butterfly pattern, which should find resistance at 0.94450. At which point it would ...

AUD/USD

EUR/USD is testing a previous resistance from mid June, forming a double top on the daily chart. Chances are high that this price will not break on the second test,, according to bearish divergence on the STOCH indicator coupled with higher highs on ...

EURUSD

Bearish shark pattern now complete, if it breaks 0.921, then shark is invalid. In which case, it should go for a bullish 5-0 pattern, where target of that bull would also be somewhere around the PRZ of a bearish butterfly.

AUD/USD

Seems to me you have developed a strong case of OCD, most probably triggered by an intense emotional trauma in the past. I bet you trade with tight SLs as well.

USD/JPY Discussion

S&P, Nikkei, DJ, and USD/JPY are all highly correlated. Seems that all 3 indexes are heading up after a short bear correction. It's safe to assume that U/J will probably rally north up to 99.3, especially since there will be no hawkish news or data ...

USD/JPY Discussion

The purple line shows the bid price, but what does the white one show? Is the risk reversal a technical indicator?

Cable Update (GBPUSD)

I'm not familiar with risk reversals, so that chart is oblivious to me

Cable Update (GBPUSD)

To be honest, this is a very difficult trade, there are so many options and scenarios that can trigger at this point, that it is virtually impossible to predict. Especially when using just one chart. This is where other currency pairs come into ...

USD/JPY Discussion

How did you reach the conclusion that bias is south? Supply and demand?

Cable Update (GBPUSD)

I used to think that as well, but I see two scenarios unfolding. The current consolidation is very crucial to which direction this will go. Either this will go down to 95.3 testing the bottom trend line before going north. Or the current 98.5 level ...

USD/JPY Discussion

Could you be more clear ?

USD/JPY Discussion