Dont try to overanalyze for elements that are not clearly seen on the chart. The 1.0750 level (your triangle top) is indeed working as a resistance level like many round numbers do. But the pattern in itself is clearly a flag. Do the following - ...

USDCAD trend reversal?

Errr what triangle? this is a text-book flag. I dont know whether it will break to the upside or to the downside (I dont play the market-foreseeing game), but it's rather obvious that it's a flag.

USDCAD trend reversal?

One of my "golden rules of sensible trading" is to stay out of the market the day Interest Rates decisions hit the wires. You never know what might happen, and a surprise might easily spike prices for over a 100 pips across the board.

Interest Rate Statement

I dont know whether this stuff makes money or not, but it sure is beautiful to look at !!!

Guppy's Multi-Moving Average (GMMA)

Interest Rates news are the biggest announcement in the economic calendar, at least as far as Forex goes.

Interest Rate Statement

Here Bravado: url

Cable Update (GBPUSD)

WHTenn, I have never been a client of FXSOL, but their AccuCharts seemed a little bit cumbersome compared to MT4. What advantages does it have over MT4 in your opinion? Thank you.

Trading Game

You've come to the trading arena with the wrong approach. The sooner you change that mindset, the sooner you'll begin to actually understand how trading works.

20 pips per day, is there anyone can help me?

Because you don't know how, when on in which circumstances it's going to happen, and when it happens it does in fury. It's a little bit like messing with the news spike: you're playing with fire - you might get away with it once, twice, but the ...

risk free trading on fridays

I have found that WEEKLY pivots do work as levels of support/resistance, at least temporarily, but I was unable to find a sensible usage for them to profit consistently from them, so I stopped used them. Also, I noticed that when I cloud my charts ...

Use of PP,R1 and S1 pivots

Oh my God I LOL'ed so hard at the Curry thing PS: FXDD and OneWorld give out some nice swaps

Carry over interest

Are you sure you want to trade on fridays beyond noon (London time)? ever heard of institutional players' profit takings? Becareful there, you're playing with fire...

risk free trading on fridays

Are you folks sure you want to be short on EURUSD?

EURUSD

My view on USDCAD Daily. Cautious applies due to that trendline breakout if searching for shorts.

USDCAD trend reversal?

And anyway, what exactly does a KISS system look like? long when 5 EMA crosses above 13 EMA and viceversa?

USDCAD trend reversal?

HAHA!

Early spikes before news time

I always thought that Elliot Waves look fantastic in hindsight, but when it comes to apply them in the burning end of the chart, they become pretty "bleh".

USDCAD trend reversal?

Congratulations Bravado. This week I have scored +46 pips on closed trades (only one trade on GBPCHF) and +130 pips as of right now on an open trade (long GBPUSD, will remain open for a position trade, stop at breakeven).

Cable Update (GBPUSD)