IMHO this kind of US data that is positive but not great could prove to be of benifit more to the stocks when they open and not so much the USD. I am still watching for candles closing below 3734 or above 3825 before deciding on any trades.

EURUSD

US data was positive but trade balance was good compared to last month but is still higher than September. Also unemplyment is better than last but higher than a previous reading in Oct... Good but not great... thus price is kind of sitting ATM ...

EURUSD

The question is will good USD data be good for the USD or the stock markets?

EURUSD

For me (on my charts) this double bottom is still intact and I want to see a close below 3734 before taking any shorts. A close above 3825 for any longs. In betwen for me is trading bounces.

EURUSD

The current 4 hour candle low at 3734 gives me a double bottom with the 4hr candle that formed the weekly low on Oct 27th... to the pip exact 3734. Watching for the close of this 4hr to consider buying this formation.

EURUSD

You add it by opening the RSI preperties and going to the levels tab (if using MT4) and simply add the level 50.

Trade What You See - Almost Naked Trading

Do you still trade this system? Still profitable for 80 pips a day?

515 Eurofighter System

Can you get one that emails to your phone?

VolcanoWMA Scalping

So if 1.3900 wasn't there and you had 4 red lights show up on a pinbar you would still enter?

the most secure 5 pip scalping system

No waiting for the current bar to close?

the most secure 5 pip scalping system

The pin bar formed could have kept you out of this trade.

the most secure 5 pip scalping system

Yes the last 4 weekly candles are very indecisive.

EURUSD

This data could also become good for stocks and still end up causing USD sell off into risk markets.

EURUSD

My charts have a big gap from last 15min to this one... both EUR and JPY charts?

EURUSD

Big spike candles on the GBP and CHF vs USD 15min charts? EUR, AUD and CAD only small bull moves...

EURUSD

And monthly R1. It has been boucing at this level for the last 6+ hours. Bears need a close below 4190 first but then preferably 4170... bulls need a close above 4240 and then 4280 and then will have to see what 4300 holds for possible sell orders.

EURUSD

Also another interesting observation about both pairs is that the 80.9% fib of last months swing H/L is in direct line (within 10 or so pips) of the 80.9% fib level of the 2010 swing H/L for both pairs.

EURUSD

Interesting day... both EUR and GBP climbed and were stopped around the Weekly R2 levels before reversing some (EUR more so than GBP). But both are also above the daily pivots and are closing on daily above Weekly R1 and Monthly R1. The RSI I have ...

EURUSD

Looking at a long 4hr triple tap on the EURUSD, latest candle now bullish.

Trade What You See - Almost Naked Trading

For the VSA pros is what I am seeing on 15min, 30min and even 1hr EURUSD charts considered accumulation possibly building for another upside move? Also rounded bottoms on all 3???

vsa with Malcolm