Thanks — Thank you Lovejoy,my persistence ended up with a good lesson,so,I feel like I've won even if my answers were not the right ones.

LJ Forex Group

Well,I had this sell limits since yesterday,took my rifle and waited in the bushes.My plan is to keep them 'till 1.2400.

Fail Better

After this I give up.. — Prior to ECB conference,both on feb 3 2011 and yesterday,eurusd made an yearly all time high and then our entry should have been on the 61.8 fibo retracement +ppz confluence

LJ Forex Group

2nd try... — Well then,it only could have been the usdchf push up just before the ECB conference...see chart. The atr indicator is also attached...

LJ Forex Group

I'll try it... — This might be stupid but here it goes...H1 support in djones was broken just before ECB conference. You said that you need an atr indicator,look on my chart and if it's the one you need,I will be glad to help you. PS:I watched ...

LJ Forex Group

Thanks for the answer,it's crystal clear.

Silent Service Method

gbpjpy failure — Well,it seems that the gbpjpy trade didn't worked.Osman had a good point in his last post.Tom,when you take a trade and price hangs around a fair amount of time do you close the trade,always?

Fail Better

I'm trying to figure out one or two things about fundies,and when is the best time to buy/sell a currency.So far I know that you almost always have to buy the currency that has the highest interest rate, watch the short term news releases and judge ...

Fail Better

Just trying to understand... — Hi Clockwork 71,could you elaborate a little bit on this "I like the way that the bullish bar smashed through two candles that have long wicks suggesting selling pressure" why do you think that? Do you think that ...

Silent Service Method

Cable — My guess is that cable will reach for the highs from 2009 at around 1.6700-1.6770 or even 1.6900 where the 365 ema is,so I will look to buy on hourly and 4h.Let's see how this historical press conference will unfold.I don't have any ...

Fail Better

Thanks,price is trapped in this triangle and usually when this happens,some opportunities will occur at the break,let's see which way.

Fail Better

eurchf — PPZ plus trendline,nice confluence but not so convincing in this case,if it tries to scare me I'll move my stop to be.

Fail Better

gbpusd — Hi Tom,guys,it seems that there are some buyers around 1.6430-40 but do they have the power to get out from this flag?The level was touched twice today,should that be a concern?

Fail Better

This is more than helpful ,I must recognize that I,m pretty far away when it comes to economical debate,but I'm slowly learning.Thanks

How to find out why the euro is strong or why the dollar is weak?

Good points,thanks.

How to find out why the euro is strong or why the dollar is weak?

This is exactly what I want from this thread,filtered information that helped some of you understand why is one currency stronger than the other and in time you became a profitable trader and this info(I would call it valuable info) was a good chunk ...

How to find out why the euro is strong or why the dollar is weak?

H&S in development on eurgbp — Is this pair turning around or what?

Fail Better

Is this about the price movement(price being the spider) and the fact that traders have the urge to get into a trade too soon,the more you watch the market behavior the more you will know where price might turn or stall and knowing all this you will ...

Fail Better

That's good enough for me,I'll now wait for a pullback!!!

james16 Chart Thread