This potential Inverse head and shoulders could be a winner

EURUSD

hate to say I told you so, but AUD looks very strong after the downtrend breakout image

AUD/USD

Time is obviously a factor you need to take into account when making your analysis.

AUD/USD

Look at these exhaustion candles on the daily, must be lower prices for sure. Sellers lined up into 121.00 Fill you boots, this one is going lower. image

EUR/JPY

Anyone else think that EURUSD could turn into a inverse head and shoulders on the daily chart??? image

EURUSD

Look at this! On the weekly AUDUSD has broken the down tend line: image Buy 0.7600

AUD/USD

Broken out of down channel. But 114 providing resistance. might be best to play it cautious with this breakout as it may be a trap. image

USD/JPY Discussion

111.50-30 is a big level. If that goes we could see 110-109 Big monthly 50% fib of the moved from 1998-2011: image Confluence of cloud support on the weekly chart. 111.50-30: image If we break and close below this area, I will be getting short ...

USD/JPY Discussion

EURUSD is chewing through resistance with an inverse head and shoulders! USDCHF is also in play hitting an area of support, could see some SNB action, check my full inter-market analysis. image

EURUSD

Looks to be hitting an area of support just at the same time as EURUSD is hitting resistance. There will be some intermarket play, check my full analysis. image image

USD/CHF

The Sunday open should be fun, might also see a bounce following the actual speech. Here's my chart and what I'm calling the This "Hard Brexit Panic Zone" between 1.2040 - 1.1900. image Read my analysis on what to watch out for.

Cable Update (GBPUSD)

This is stuck in a range between 1.0350 - 1.0700 If we clear 1.07 we see 1.09 But 1.07 is previous support, now resistance. Its also a 0.61 fib.

EURUSD

Looks like this may have topped for now. Central bank action and promises from the government to "root out speculators" Also El-Erian Says Buy Emerging-Market Currencies That Fell Too Much So that might also include the MXN

USD/TRY

I would say you should be aiming to get at least 1:1 but there will be trades with potential to hit 1:10, its a judgement call that you need to make while taking into account the evolving market conditions. It would be silly to systematically take ...

On Take Profit

1. With no stop you would put your whole account at risk on every trade. You have to manage that risk! Stops are a must. 2. "how to trade" learning materials can help you to learn the basics and are an essential for any new trader when they are ...

10 Rules for Traders

This thread is a shit post, nearly all those rules are utter nonsense.

10 Rules for Traders

Confluence of previous resistance and Fib support. short term trade long from between 112.60-70. Stop 112.55, Targeting 113.00 image

EUR/JPY

Today's break and close below the recent up trend line suggests a retest of the brexit lows in the next couple of weeks. image Risk to deteriorate after a dead cats bounce..

EUR/JPY

5 min chart: There's a confluence of fibs between 100.60-70: image

USD/JPY Discussion