Any good news from unemployment will not do much for the dollar. Oil is at or above 100 a barrel and housing starts are not booming. Don't look for dollar to trend up until housing gets out of the slump and oil price falls. When there is a big ...

EURUSD

Ding Ding We have a winner. This is very true. There are alot of good traders on here. Its easy to find them. There the ones that don't care what any one says. : Eventually even the helpfull ones get tired of the same noob questions year ...

Why is nobody willing to post their live account statements on here?

Hey all, Here is my reason for a hedge. Over all trend weekly chart is with positive interest. So I have a position lets say "short". I am going to hold that short for days, maybe weeks because its off the weekly chart. And I will trade the ...

whats with this "hedging" thing??

Your talking 10% off over all market price?

Wall Street close watch

But you can make a heck of a living on 1% of 100mil. Even .5% But 1% of 100k is no living at all. I could make 1% of my account all day long. We with small money need huge %'s to make real money. But the bank traders only need fractions of a % to ...

Wall Street close watch

I have no idea where this 10% came from. But the most common correction level is 38.2 Here is when you can physically see that the trend has changed and know it. When its too late. Forget the 10% thing.

Wall Street close watch

long and holding — I have no clue what is comming next. I thought it would have broke to the top of this channel its in at the end of last week. Now I am beginning to wonder. I have the yellow target box at the 161.8% and the top major trend ...

Cable Update (GBPUSD)

What a nice end to what started out as a messed up week. Those 3 trades exited at target top red wedge line 1.4360. Price continued to push past the red wedge line, so scenario # 2 with the zig zag being a correction, and not the start of a wedge ...

EUR/USD Trading Room

Ok I forgot I posted this here. I knew it was somewhere. The possible wedge I posted above looks to be holding for now, as price slammed against the bottom red wedge line and took a 100+ pip bounce. Now currently trying to work past the 61.8 fibo. ...

EUR/USD Trading Room

Heres a days success story... yesterday...gbp$ -120pips, euro$ -80pips...total 200 pips lost on the crash. Today on the bounce....gbp +200pips, euro$ +100pips, nzd$ +100pips....total 400pips and holding with s/l's moved up for +50 locked in across ...

Success stories

I have been using pitch forks alot lately and they've become a regular part of my trend lines. They'll explain why a price suddely stops and bounces for seemingly no reason. Today a median line from a mid term scale got in the way. The price looks ...

Dollar.....Whats Next??

Send us some of those rising seas.... Atlanta G.A is down to 90 days of water left and Raleigh N.C. is reported to have only 61 days of water left. The south is in the biggest drought ever seen. (or so they say) And were on the Atlantic ocean. ...

Cable Update (GBPUSD)

WOW that is a full list of people looking into this thread to find out what the heck is going on. What happened is that I decided to take a long trade on gbp$ for the first time in months. I never trade anything but euro$, so sure enough soon as I ...

Cable Update (GBPUSD)

Food For Thought — Heres something to think about. Devils advocate.... I don't like telling the market to continue a trend. I don't like picking the end of a correction and trying to re-enter. Weather your picking the end of a trend, and ...

GBP/USD Trade Opportunities

The red range marks the possible diagonal triangle range that could develop over the next few days. The first top looks to be at 1.4385 range. The end of the triangles range is 1.4500. This could also be called a truncated wave 5. If so each wave ...

EUR/USD Trading Room

Looks like thats as far as that correction is going down. A clear a,b,c side ways correction has formed. This thing should be going for 1.4500 range. Dave

EUR/USD Trading Room

Heres what I have on euro$ 4hr.

pitchforks

I set this up for pitchforks. Use on black back ground enjoy Dave

pitchforks

Don't let a poke below 1.4125 fool ya. To complete the a,b=c,d it will need to go around 1.3960/30 range. Which is also were the 38.2 fibo will come in to play. Prime point for bullish reversal. The way I see things: It should poke lower, make 90% ...

EUR/USD Trading Room