lol, sounds about right for me today. I'm in pretty good right now as I re-bought at the lows before the news. So the next level down (at least to my eye) seems to be 1.230-1.0215 area. From there I don't see anything until the 1.0160's. Seems I/we ...

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Makes me feel better knowing that. I was expecting to get stopped out with the early news, and I'm a bit worried about the housing coming up in an hour too. BTW, I've got my SL around 1.0265. Is that close to how you approach it? I know you've said ...

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I did too, but must have had a larger SL as I'm still in, but not feeling so hot about it anymore.

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Next level for Cable at 1.9950-1.9970?

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Those definitely look like solid levels, but for some reason I don't see the USDJPY one until about 109.12 or so. Were you looking at a 1D chart or 4H?

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Those were some nice calls Mary. EUR/JPY jerked around, but looks like there was a lot of pips in those trades. Looking forward to the site BRV!

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For everyone really, what are your feelings towards keeping a position open over the weekend, especially after a day when options expire?

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I'm far from a senior trader, but I believe the general feeling is that you should look for an hourly close under a support to consider it broken.

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Welcome back BRV! Hope your time off was very relaxing Thanks for the info about tomorrow. I know very little about how the day works, so it looks like I have some reading ahead of me.

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The market is feeling awfully USD bearish right now, but that 1.015 area looks really tempting for USD/CAD. Does that just look like it will be a small correction?

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Thanks for keeping this bad boy alive Iron Man. I've been a bit perplexed this week on my reads.

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Iron-man, thanks bro! This thread has taught me more than any of the many many other threads/tools I've seen by far. My chart (which probably needs to be shelved for the time being) was done a day earlier than what you're looking at now. The top on ...

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That would be very comforting. Okay, this USD/JPY trend has me hooked. I've "refined" it a bit more, hopefully not ruining it in the process. This is a trade I have to take, simply because I'm tired of watching good trades from the sidelines, and ...

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Thanks! That makes one of us. I still feel like I'm guessing.

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Another one — USD/JPY is coming back off its recent gains. I think I see the most historicaly significant SR around 105.7-.62 area. This would also be right at 61.8 retracement from this most recent climb up. It seems the market has been ...

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Gotcha. So we like to see levels tested multiple times to establish their "historical significance", just not so much recently.

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USD/CAD — What do you think about recent s/r levels that price took a major bounce off of, like this USD/CAD level?

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USD/JPY — Would this 108.03 area be a no brainer short?

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Those are the same levels I'm looking at, but I'm very new at this still. My reservation is that I don't know if those levels have been tested too many times already?

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Thanks for the follow up on that one. A lesson I certainly won't forget

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