No, we have 2: US stocks are down, and firms are taking profit as the year's end comes. 2 volatile events (note: this doesn't change the trend unless we have a indicated breach of trend)

EURUSD

Check all USD GBP pairs. Especially the USD/JPY and GBP/JPY. Check the hourly chart. see how fast they bounced back after the correction. Massive support at that margin. Bullish trend still intact (i.e. dollar/pound= still strong).

EURUSD

I personally think the holy grail is bullshit. The closest thing we have are programs about stochastics; there is no absolute perfect system. It's about probability, and right now, I'm as confident that the EUR/USD will fall to new lows by the end ...

EURUSD

Please refer to November 19 EUR/USD prices. Also, check your fundamentals and technicals. Then check about what the ECB says. And finally, see what the "veteran" FF members are saying compared to the "new" members. There's a definite correlation.

EURUSD

Oh good. Finally someone with some sense. So funny to see that it's the new members who are screaming "buy buy buy". ....I'm not even going to bother pointing out the fundamental and technical stupidity of that sentiment. My only guess is where will ...

EURUSD

Why. My stop loss is the current low for today (185.20). Price then jumped up 120 pips. Wow. The EXACT same number.

Dragon Riders GBP/JPY

were's your Stop loss at?

Dragon Riders GBP/JPY

Still held onto my longs from 188.5. Yeah, I know. I manage to sell in the other direction and snagged a few hundred dollars though. Still, very stupid of me for intraday standards

Dragon Riders GBP/JPY

Shorted 30,000 at 1.2440. Let's see how it plays out.

EURUSD

And what's your rationale behind that? That would practically invalidate the bearish momentum, and without any news to act as a catalyst, I don't see that coming.

EURUSD

Don't. The prices could also stop around 1.2440 just to fuck with you. Sell a bit early.

EURUSD

Not taxes. We have tax avoidance. Amen to legal ways to avoid paying taxes (especially if you live in abroad).

EURUSD

Unlikely. There is significant resistance at 1.2450, which is where the trend line resistance is at. Going BEYOND 1.250? Even more doubtful as of now. But I'd keep a wide stop loss; market makers like to hit stop losses just before crashing down. ...

EURUSD

Hey FX-Ray, I'm hedging my bets that in the event the price falls below 185 (December 1 support), we'll see further temporary correction. What are the odds of 185 being breached though? Note: I expect 186 to be it.

Dragon Riders GBP/JPY

I'm expecting 1.243~1.245 before the EUR/USD comes crashing down its lows. Anyone poor sap who's going long better liquidate his/her position as we reach 1.245, and be prepared to take partials as well as a tight stop. I doubt it'll make it past the ...

EURUSD

I think it'll stop around the 186 margins, with significant support at 186.22. Does anyone think it'll breach 186.00?

Dragon Riders GBP/JPY

You might be right; I guess it'd depend on whatever the market makers decide to make of the upcoming British manufacturing. It could be a bull or bear catalyst. All they need is one bearish news and they'll have their casus belli to declare war on ...

Dragon Riders GBP/JPY

you sure? Based on the trendline, I'd say that 187.50~187.70 ought to bring in fresh bulls for reload. I wouldn't call off bullish momentum even on a weekly level unless we have a clear breach of 187.50 and test it to be a new resistance I just ...

Dragon Riders GBP/JPY

Price seems stuck at 187.60. I can't tell if that's acting as support or resistance now. Will have to wait and see what happens in the next hour or so.

Dragon Riders GBP/JPY

Why, geppy, why! Why must you torture me so and not retest 188.20?! ...Bah. I wonder if 187.40 will even hold.

Dragon Riders GBP/JPY