Va, you nailed it....

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looks like its finally getting tired, but you never know.... the employ, unemploy bs, i mean news is coming later, big boys positioning for the release

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sorry about the rangers,doesn't look good, just returned from e11th and 1st avenue, staying with a friend

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remember the higher the timeframe, the more reliable the info, thats why i prefer a one hour, a little more boring, but a nice balance between fast and slow moving action. my numbers will be a little different than yours as i trade the futures, but ...

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the red line bar already was a touch of a previous supply turns to demand. waiting for it to engulf that candle would be too late in the move. 'but not this' is actually a demand zone, only when this is taken out to the downside, would be a signal, ...

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hit a higher supply line on my 1 hr too. thats exactly the way to roll. on this upmove, the confirmation of turn around would be when .9392 level is taken out, price returns back up into that zone, then heads south once more. demand exceeded to the ...

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notice how once supply is surpassed it acts as resistance upon return to the zone, just like we are possibly seeing right now... all this just continues to repeat over and over everyday... let PA tell you when the move is over

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a more interesting discussion would be about traders posting their charts, pointing out supply and demand areas, and why they think so!! like Rocky and Magix

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supply and demand areas on a chart, regardless of timeframe(just larger or smaller areas),are the only areas on your chart that don't lie. they don't make up stories, give false hopes, are not corrupted,don't accept bribes, don't put out BS public ...

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i like to go against the grain...

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i know you don't use that crap, just kidding!!!, no volume at all, not many sucked in at the top, odd don't you think?

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currencyanalyst, what does the macd say, lol!!!!, still think its gonna pop to the .9430ish area

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currency analyst, i definitely agree with most of your analysis on a fundamental basis. However, from my experience, knowing that all news good or bad, economy hiccups,etc, usually have very little to do with current price movement as all of this ...

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currency analyst, you may be indeed correct, only the market will spill its hand eventually. however the only confirmation i can ascertain at this moment would be if price drops and closes below .9356 on my chart, thus forming a supply area, to ...

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Refreshing analysis. as i am always trying to add to my knowledge base, may i inquire as to how current actual price indicated behavior led to your understanding that the currency is now exhibiting position run exiting behavior?

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each time a level is touched, it loses some strength, look how many times this area was touched...

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what what?

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the red arrow is a hint.. the supply level was dinged, just barely, tells other traders this is a strong level...imo

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could be a retrace as its hitting supply now, or not. but that juicy supply level is definitely a target at some point, watch for it...

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you were right, i stand corrected...

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