It's looking broken right now but there's just over an hour til the close of this candle. Edit: 15 mins and definitely looking broken. Will there be a pullback or will it just continue down?

Silent Service Method

The second test of the trendline is as many candles. It seems that something is building here. A break downwards should go with volume and good momentum. A break up wouldn't be a surprise either though I suppose. I'd rather be short at this point ...

Silent Service Method

Understood, thanks.

Silent Service Method

An interesting chart, I'm bearish and set up accordingly. Anyone else trading eurusd at the moment?

Jacko's Forex House of Pleasure and Pain

I suppose for stock and futures traders it might matter more but it doesn't mean much to forex though?

Silent Service Method

url But interesting why? What does it mean to me as a trader?

Silent Service Method

I'm going to leave my pending orders as they are but I'm expecting exactly nothing to happen today. I've got beer and a cryptic crossword to keep me busy for a while. Next week will show it's hand... up, down or sideways. England are playing Algeria ...

Silent Service Method

Yes. I've got 1.26 and 1.24 as stronger levels but it's a zone I suppose. It's funny how different traders have different levels if they try to pinpoint exact round numbers to watch.

Silent Service Method

I'm waiting for that trendline to break, I've got a feeling it could happen next week now. As you can see I'm prepared for it to go higher too.

Silent Service Method

My eurusd short at 1.24 hit today, I wonder if this will be another add on fest all the way to 1.00?

Silent Service Method

Maybe it's a family thing, isn't this a relative of yours sharpening his 'axe'? (Although if I remember your relative is the drummer?) video

Silent Service Method

Hi all, just back from holiday and been reading through some great posts. I'm watching eurusd at 1.24, minor trendline there and horizontal s/r. Also euraud could be setting up for a short?

Silent Service Method

4XA and Chris, thanks, nice one, see you soon.

Silent Service Method

Hi Dan, welcome to Forex Factory. If you look at the first post I believe you can find Jacko's blog address and email. I don't know if he is still teaching but you can always try emailing him?

Jacko's Forex House of Pleasure and Pain

600 pages and going strong. Nice thread Chris. I'm on holiday next week and almost flat. Eurnzd just looks too nice not to keep one eye on. I hope everyone here has a good week and I'll see you when I get back. Oh, I have a question... Just exactly ...

Silent Service Method

NFP friday, nothing going on...

Silent Service Method

Just gone short eurnzd again, looks nice on 4 hour.

Silent Service Method

A clear close above or below that monthly trendline. This is more complicated than it seems. Eurusd and usdchf move in opposite directions for the most part. So, if everyone is bearish eurusd at the moment then it follows that usdhcf should carry on ...

Jacko's Forex House of Pleasure and Pain

Hold your horses on usdchf, wait to see what the weekly candle looks like, this could go either way at this point. Eurgbp has broken support already. I wouldn't enter unless it pulls back to 8450 and tests it from below. A failure to break above ...

Jacko's Forex House of Pleasure and Pain

Well as Chris said the worry about getting involved in this pair at the moment is that shorting it here goes against the eurusd downtrend as these two pairs tend to move in opposite directions. Maybe eurusd is about to bounce up a bit towards the ...

Silent Service Method