Nice to see someone else watching T&S while trading. Great tool although a bit difficult to get in synch with. Takes lot of screen hours.

EURUSD

Good points. Two observations: 1. Societe General was hit by a fraud scandal in Europe. I know fraud has nothing to do with the subprime mess, however if more European banks get into trouble it'll be interesting to see where the money goes. 2. If ...

EURUSD

I guess I am the only dollar bull left in this thread...

EURUSD

I find it hard to believe given that I am a European citizen and I can't see any real advantage for us Europeans in having the EU let alone the Euro. Actually, people here in Europe are a little pissed off at the Euro. However, if you are right then ...

EURUSD

One last comment with regards to something I read above: do you really believe that such a smart guy like George Soros would make his ideas public without having any personal interest on the side? When I see all these big investors coming out with ...

EURUSD

Tonight I feel like posting charts, something I've never done here at this forum. So you better enjoy it now because I don't know whether I'll do it again in the future. Anyways, this chart represents EURUSD vs GBPUSD vs S&P. In conclusion, since ...

EURUSD

Last but not least, another interesting chart. Here we have EURUSD vs USDJPY. All the red arrows I drew on the chart represent the times when EURUSD and USDJPY were very far apart from each other. As you can see, all those times they both ended up ...

EURUSD

Here is another interesting chart. As you can see, EURUSD and GBPUSD have been moving in synch for several years. However, just recently GBPUSD had a major correction while EURUSD didn't. Something has to give here as well.

EURUSD

I just decided to post a chart here for everyone to see. The red arrow at the top right corner clearly shows how S&P and EURUSD have been diverging lately. Something has to give here. It'll be interesting to see whether the EURUSD will catch up with ...

EURUSD

Did you guys ever try to overlap the S&P chart over the EURUSD chart over the last 2 years? They almost move in synch. Now the question is: if you are bullish on EURUSD for the the months to come, then you gotta be bullish for the S&P as well. Given ...

EURUSD

I would say 100% of the times prices are magnetes to MAs... MAs like any other indicator are price derivatives. Very simple. If you learn how to understand price behavior, you are quicker than anyone else using indicators. I laugh so much when I ...

World's Simplest System

Absolutely agree. When the mind isnt clear or things arent clear, just sit out and wait it thru.

EURUSD

Ok, FED cut by 75bpts with a bailout-cut ahead of US open in the attempt to rescue stock markets. Stay tuned to Trichet's speech tomorrow morning. All the attention and pressure will be on the ECB now... will they keep their hawkish stance against ...

EURUSD

The rate cut already is priced in this pair. Unless the FED cuts by 75-100bpts don't expect much of a reaction but noise. Actually, the real focus will now be on the ECB to determine whether they'll open up a rate-cut window for next meeting. I see ...

EURUSD

Well, the bloody Monday on Wall Street is turning into a bloody day for the Euro as well. At this point, I see the Euro eyeing 1.43 and test out that support level...IMO - I just can't tell when - we are heading back down to 1.40 and complete a nice ...

EURUSD

It looks like my comments above proved right for the time being. When something looks too good to be true... The funny thing would be to see the EURO crashing all the way down to 1.40 and then a monster rally to crack 1.50... That would send a lot ...

EURUSD

If you have been trading them for 3 years, then you could do some research into your trades and see if you find some correlation between H&S at the top and inverse H&S at the bottom vs H&S & inverse H&S both at the top and bottom. See if the results ...

EURUSD

Well, it's either now or never again for the Euro to crack 1.50 after all the bad data that just came out of the US.

EURUSD

well said.

EURUSD

I am not saying this pair won't reach 1.50...it seems the Euro - for very odd reasons not backed up by strong fundamentals - really wants to test 1.50. If the Euro reaches 1.50, expect the FED to cut 75bpt next meeting or in an emergency meeting. ...

EURUSD