GBPUSD: image EURUSD: image Inverted H&D Pattern in EURO.

Mauve Journal

Sorry for the double post.. I had to delete my last post as I have made some edits to my GOLD chart for the week ahead .. I have updated my GOLD chart with new supports I find important for next week .. And have posted EURO Daily with my comments.. ...

EURUSD

My Gold chart updated after the last week's chart posted above: image Euro Daily: image Euro is fundamentally bearish, any TA is significantly insignificant. TA should have less weigh on one's decision making when trading EURO. Look for FA from ...

Mauve Journal

Stop raised to 1610.

EURUSD

I dont think that was an easy part, I went long when most of the people were saying short and that it looks bearish .. I am not worried where it goes now from here.. cos i have already been long from the buyzones pointed earlier on that chart from ...

EURUSD

We have hit the upper trendline on chart posted above..

EURUSD

Its summer holiday season..

EURUSD

I have posted my updated chart of GOLD TA for those who are interested here: http://www.forexfactory.com/showthread.php?p=5870771#post5870771

EURUSD

Gold is supported by sovereign buying and fundamentals: image

Mauve Journal

Sell high, buy low..

EURUSD

Thats exactly my point, most traders were absent, the days candle was not backed by any major fundamental data release and the whole day move was on a single 15 minute candle after FOMC Member Lockhart's conference at 1.30PM EST in thin latter ...

Mauve Journal

Bullish engulfing pattern was not confirmed with a higher level of volume. It looks more like a position/short covering and profit booking rather than a engulfing candle which usually occurs with established new long positions.

Mauve Journal

My EURO TA for this week: url

EURUSD

Euro Daily Chart: image Red line is the support I charted last week, at 161.8% Retracement of the Bull move on 28 and 29th of last month from the EU summit. It gave a 'weak' close above it. Euro is headed for 1.1950 as for now which is a strong ...

Mauve Journal

Yes, I missed QE, that has been one big factor too behind gold accumulation.. its funny how people say 'I saw sovereigns to start buying gold a year back..' but the fact is gold has been falling for last one year .. I think we have seen a healthy ...

EURUSD

FA Highlights of this week: image

Mauve Journal

Gold is fundamentally in a bull market, global crisis, war in Syria, looming war with Iran, if any government/individual have Gold in its reserve, they will never sell it, its the only safe bet in anyone's investment portfolio at this moment. My ...

EURUSD

I have posted my Gold TA for coming days in case anyone interested, here: http://www.forexfactory.com/showthread.php?t=7099&page=6

EURUSD

Gold Chart: image That 'Buy Zone' line was marked at the beginning of last week, which we touched on Friday in last 4 hours of weekly trading and it bounced from there.. We have a Symmetrical Triangle on Gold which 'by books' is a continuation of ...

Mauve Journal

If you draw a fib from the low of Thursday (June 28) to the high of Friday (June 29), the bounce caused by EU summit, than the 161% retracement level lies in that area.

EURUSD