Sometimes the best trade is no trade at all. I like to trade the reactions to different stimulus. When the buyers(or sellers) run out, it gets a bit obvious and is time to trade. Good trading everyone.

Don’t Fall Into This Trap When Using Your Charts

Yes, i hear you. One other thing that is keeping US equities up is April 15th. Tax deadline day and continued money into IRA's until then. The pair is eur/usd and like any currency, these have multiple associations. It is funny when i talk to US ...

Federal Reserve turns $77 billion profit

Well Dr. Forex, i have to disagree with you a little bit. In November, we are going to elect a President and the present President wants nothing more that a continued economic up move. A strong dollar could get in the way of that. I suppose after ...

Federal Reserve turns $77 billion profit

Fed a big trader, don't get in their way or you will definitely get run over.

Federal Reserve turns $77 billion profit

Well since my indicators just got reset and it looked like a possible bearish move coming I will reserve judgement. I especially like divergences when using indicators as they indicate lack of commitment to a particular move.I still like a move to ...

Don’t Fall Into This Trap When Using Your Charts

Hmmmm, no 100p pop today buy no reversal signal either. I wait. Ping pong between the 4h 38 and 50 fib, leaning to the 50 after the slight retrace. I still like 3300 touch before any real retrace consideration. Been under the weather last couple of ...

Maybe this got the ball rolling…

What a bunch of nonsense. i have several indicator based trades that very rarely lose. When you find something that works 90% of the time, trade it. It is the scenarios that lead up to and from those setups that matter more than the actual indicator ...

Don’t Fall Into This Trap When Using Your Charts

Sellers got stung again? Are we at 2900 yet? Didn't tag the 38 fib on that retrace. Sure reset all the indicators though.

I assume there is another China rumor doing the rounds

downtrend? went through t the dtl 100 pips ago. Somebody is stuck.

Euro maintains short-term downtrend

I agree. Supply and demand rules. Somebody needs a lot of Euro's. side

M&A flows cited as a reason for euro strength

although price blew through the 4h 50 fib, it looks like it is going to test closing above it

Fed's Fisher: no one presently believes that the Fed are going to proceed with Q3

pretty bullish looking 60 minute and 4 hour charts. Looking for an exit higher. The 60 minute is getting over bought. All of the lower tf charts over bought too. 5 minute high inverted hammer covered itself on this retrace.

Fed's Fisher: no one presently believes that the Fed are going to proceed with Q3

yes 1820 it touched 3003 here. The point is it did not make a new low which is pretty important. I think whoever bought this morning made sure it wasn't going to either. If you look at the move off of 2970 back in mid february, you will notice the ...

BIS buys EUR/USD

one of the reasons i am saying a decent bullish move here is the fact that the recent low 1.30 or so did not reach the last low 1.2970 and the last retrace off the high did bounce off the 50 fib. So i have a higher low after a higher high. Yes i ...

BIS buys EUR/USD

I think the 1.2900 gang is going to have to wait for next time around. This bull has legs. As always, it doesn't matter to me why it does it just does. I can't fight these charts, just do what they tell me to do. I think a short term or even mid ...

BIS buys EUR/USD

The downtrends on both the 60 minute and 4 hour charts have been broken.

BIS buys EUR/USD

add short eur/usd 3x 3184.

BIS buys EUR/USD

good job dinksy, enjoy your weekend

BIS buys EUR/USD

just a controlled short squeeze that started off of yesterdays pop.

BIS buys EUR/USD