Cloggie, not to jump the gun here, but if we do breakout to the downside, what would you target? Would we play the same numbers as the way up, just in reverse, or is there a new set of numbers?

EURUSD

So Cloggie, we are consolidating here. Based on your previous numbers, if we drop out of the consolidation with momentum or retest and fail, we should target 3185 as the critical daily S/R level?

EURUSD

Hey Cloggie, what are you looking for next? Is there a level we need to restest to the upside, a range that needs to form, etc? Any if-then-if hints?

EURUSD

Haha, I know. I can find support and resistance areas for all the numbers he posts, but he gets very specific and I'm curious how he is able to get within a pip or two.

EURUSD

Why 3166? — Anyone know why Cloggie is calling 3166 the line in the sand? I see that there are some previous swing highs around that area, but why that specific number? Any guesses? image

EURUSD

I'm confused — For the past hour I've been watching the yields go higher, which should mean that people are taking their money out of the bonds and putting it somewhere else (usually riskier assets). But, the DOW, EURUSD, GOLD, and all other ...

EurAnalysis

Nope, that was a perfect explanation. Thanks for taking the time to break it down. I figured the money flow could be observed in both directions, but just wanted to confirm with you. I've been using this streaming chart of the 10yr bond prices to ...

EurAnalysis

Sequence of Money Flow — Hey Kno, Quick question. During risk-on, the increase in yields leads the increase in risky assets because people have to sell their bonds to flow that money into risk. Right? Is the opposite true for risk off? Do we ...

EurAnalysis

Thanks for the heads up. This should be a great listen and I'm looking forward to it.

EurAnalysis

Hey Kno! Just wondering if, in your opinion, the correlation between the asset classes and money flow is back on track or still out of whack? If so, how long will it be until we can use the flow of money in and out of bonds/equities/currencies to ...

EurAnalysis

Keep em coming Kno!! — Excellent commentary this morning! Just curious if you ever read www.zerohedge.com I've found their articles and commentary to be superior! Just thought I'd throw out the link in case you hadn't heard of the site. Have a ...

EurAnalysis

This post is a keeper!! Thanks so much for breaking it down into easy-to-understand terms. I have a much better idea of what you were talking about now. I'll be back a little later today (with some more questions I'm sure). Happy trading and thanks ...

EurAnalysis

Yes, that definitely helps, but I am still a little confused. When you say monetary inflation, is that the same as quantitative easing? I looked it up and it says that the FED injects more money into the economy, which in turn causes higher prices ...

EurAnalysis

I'm trying to piece it all together. It's difficult when starting out to figure out the big picture. I was confused before the rate announcement when yields were steadily going down, but EURUSD remained in a range (do you think this was in ...

EurAnalysis

Yields on the 10 yr are dropping like a rock which means money flowing out of risky assets and into bonds, right? If that's the case, why is EURUSD just chopping around this level. If people were dumping their Euros to buy bonds, wouldn't we see a ...

EurAnalysis

Congrats! I have realized that "less is more" with this method. No need to trade all day, every day. I have made 6 trades this past week. 2 trades are still open and have a profit of about 300 pips, 2 stopped at b/e, and 2 stopped at -20 pips each. ...

Building an equity millipede

Are you still actively trading then, or just letting those two positions run? My next step is to open a sub-account with MB Trading so that I can start taking both short and long positions. I really enjoy this strategy and see the HUGE potential it ...

Building an equity millipede

Wow, that's awesome! So you have 1 mini-lot on each trade, or have you built up multiple lots?

Building an equity millipede

Building my first millipede — Hey guys, anyone still building up their millipedes? I started at the end of last week and so far I've established 2 EURUSD short positions from 1.4113. I sure wish I would have aggressively stacked more at the ...

Building an equity millipede

That's it!!! Wow, I really can't thank you enough! I truely appreciate your time and effort in helping me out. This code makes things so much easier for me. Now, if I can just figure out how to hotkey the script through either the MT4 platform ...

Autohotkey Draw Trendline Code