Pushed The Trigger — Looked like ducks were in a line. Into the GBP/CAD trade short at 1.6269.

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Nice pattern but it sure is glacial in forming. Hopefully this will give folks a chance to hop on if it moves.

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I've been using alarms a lot more. Otherwise I get pulled into watching these things and miss other opportunities. And it helps when the dog barks because there is this sudden noise. LOL! The price just wants to "drift" into that trendline doesn't ...

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Yeah, it's just sort of meandering sideways. I've seen this happen before. And about the same time of day. So what will happen next is I'll get tired of watching it goof off then go to bed. At which point it will collapse 200 pips. Mark my words. ...

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Got it. Another rule to remember. While we're on the topic do you guys look for support and resistance areas that go back many months? I was re-watching some of the Hector swing trading videos last night and he doesn't seem to go back ...

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Good point on the time of day. I keep forgetting to factor that in. Does the 6250 caution area come from the swing low back in October? That was the only significant element I could find in that range.

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It touched my TL to the pip. Amazing. So we're looking at a possible entry around 1.6270? Let's hope it doesn't fall apart after all this anticipation.

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Are we looking for a 1-2-3 for an entry? This is the H1 chart.

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GBP/CAD — Looks like GBP/CAD might do something interesting.

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CAD/JPY Trend Collapse — NM, When you are trading a trend collapse are your TP rules any different? I got in this trade too based on a nice H1 BPC but got out right before the previous swing high resistance. I can't complain as it was worth ...

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MktScape, Your analysis looks similar to mine. It will be interesting to see which way this goes.

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CAD/JPY — This looked to be shaping up into a nice looking B-P-C but sadly price looks to have hung up.

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Bottom around .99200? This is looking interesting.

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Got it. That number came from the OTL. I was looking at the horizontal support from swings in Dec 2008 and May 2009. Those two areas are getting very close to each other.

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Where did you put that weekly support area? I'm looking at around 1.07320 give or take. It's getting close to an H4 trendline in that area too.

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Impressive — Those are some really nice bipartisanships.

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Now THAT would be health care reform.

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Aye. Closing out. I've been drinking from the forex firehose enough this week. Thank you to everyone who contributes. You are all very generous - and patient.

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Friday — I was thinking the same thing. Too bad. EUR/JPY needs to make a decision too.

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BTW - I have to credit yunero for putting this on the watch list today.

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