The beast is still banging its head on weekly resistance. If we get a clear break up (big IF), we should see it move up towards the 50% monthly fib at 222.

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

Food for thought — I have been altering my MM a little with each DIBS trade I enter into. As the risk is generally so small, I find I can trade larger amounts while still keeping to respectable MM. So instead of trading 5 lots for example with ...

The DIBS Method... No Free Lunch continues

Elliot wavers, go easy on me — As you can see I am definitely not an Elliot Waver. Wishful thinking EW experts?

EURUSD

Yep, sell high, buy low

EURUSD

And has been doing so since March

EURUSD

Yea, right on Orion about leverage. They know if you give people more money, they'll just spend more money

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

Considering that you interpret bullish price action as bearish intuition, I am not surprised that any movement is confusing for you. Price action clearly shows indecision between buyers and sellers, as with a number of other currency pairs at the ...

USD/JPY Discussion

No disrespect at all jimi hendrix, it sure is a great site for beginners. Just don't think the section on candles is all you need to know about them

Jacko's Forex House of Pleasure and Pain

I'll ask my mirror — Mirror, mirror on the wall, who is the strongest of them all? The mighty bulls or the beastly bears? Price action will give you the answer bellows my mirror

EURUSD

Yes Lou, it's an excellent book and well worth the read. Pring on Price Action is another excellent book. So is Trading in the Zone. For any newbie, I'd also suggest Currency Trading for Dummies by Galant and Dolan (it's only 15 odd bucks from ...

Jacko's Forex House of Pleasure and Pain

Nice divergence on the EU daily. Already short from 1.6030, will add to it if it breaks support

Divergences - (All Pairs)

You still short Clouds? I too can tell my kids I shorted Euro from 1.60

EURUSD

Trading off candlesticks/OHLC bars have paid my mortgage off 15 years early! They've also given me a nice deposit for my next investment property What did you study? babypips.com

Jacko's Forex House of Pleasure and Pain

Well analysed hanover. I think Peter has only given us a small piece of the puzzle, however, he's given us enough info to set us on the right path. If we really want to put the pieces together, we must use our own initiative to do so. I'm sure he ...

The DIBS Method... No Free Lunch continues

Will someone please smash the AU on the head. I miss the good old days of bringing 1 greenie back home for 2 Aussies. No, it does not make things cheaper here. Scum bag retailers have brought on high inflation by not passing the higher dollar value ...

Aussie Pairs

Pay close attention to the monthly chart. A smart dude called Jacko once said: "If price is hanging around a support or resistance level, it’s likely to break in the opposite direction." Looks like the price hanging around resistance like flies on a ...

EURUSD

We're just small fish in a big, big sea — I agree in principal booktimes, I too find it amusing to sit back and watch the bias on this forum, not just this thread alone either. All it does is prove that most have little knowledge of what is ...

EURUSD

Concerted intervention certainly will... It started this up-trend in 2000 and could end it just as easily...

EURUSD

Gotcha — Closed my long at 1.60 even for 450 green pips. Will re-enter if the daily closes above 1.6020. Would prefer a retest of resistance turned support too. Can't believe I'm agreeing with steelo, beware of the trap, big boys want those ...

EURUSD

Sorry Kim, I have been away for the weekend fishing I am not quite sure why there's nothing showing on your chart, perhaps it is due to the daily open lines only showing on the 4hr chart and below. I have created a weekly_open_line indicator that ...

The DIBS Method... No Free Lunch continues