I agree with you totally. I can´t believe it when the "experts" say that we are entering a period of stagflation. When I learned economics, the definition of inflation was: "Too much money chasing too few goods". We now live in a world of too many ...

EurAnalysis

It is not a matter of Merkel wanting to do it or not. The German voters will not stand for it and politically it is a dead issue. Merkel knows it, Sarkozy knows it also but he is facing an earlier election so he has to play the part that it is ...

EurAnalysis

I second that 100%.

EurAnalysis

As Pip Trader just said, watch out with long trades at this time. Technically and fundamentally it is dangerous to be long at this time.

EurAnalysis

I use THV4 also and I see it quite differently. The Slow Trix is just now turning down on the H4. We will cross the 0 Trix line and the Slow Trix. We are headed down as long as the RSI remains under the trendline drawn on the attached chart (Bottom ...

EurAnalysis

I did read page 1 and I am impressed. Thanks for your courteous reception. I am sending you a PM in the hour.

EurAnalysis

All H4 Head & Shoulders patterns start lookimg like a flag on the Daily. If it breaks the top it was a bullish flag, if it breaks the neckline on the H4, it wasn´t. That´s TA for you, an eternal Yes, but on the other hand...

EurAnalysis

I just peeked at this thread today and I like what I see. I am a TA guy with 25 years of experience and I find the other threads all over the place. I like the focus here. Anyway, I believe we are going down and we have seen the top for EURUSD on ...

EurAnalysis

I agree with you on every point.

EURUSD

EURUSD has been moving in tandem with the S&P for months now. As we look at the S&P chart, we see similar patterns as with the EUR. Price is at the top of the channel, but divergences are showing on the Trix and RSI. I expect the S&P to drop from ...

EURUSD

Stop loss at 1.3920, above the head. It is always about technicals. The price bar contains all events within it. Allowing for volatility, of course.

EURUSD

We´ll party together then. You are right. Betting is the wrong word. I am strategically positioned also. It sounds better. Thanks. Also, the clear divergences on both the Trix and RSI supports the view of an imminent fall. A clear break higher of ...

EURUSD

I believe this is the top. the 50% Fibonacci retracement of the 8/30 to 10/4 drop at 1.3844 is being respected nicely while forming the right shoulder of a classic Head & Shoulders pattern. The predicted minimum drop if and when we break the ...

EURUSD

My Theory of USD/JPY — Today is the 10th day in a row where the low of the day is higher than the low of the day before. As you know, several weeks ago I discovered a channel for UJ that seemed pretty significant to me. You can see on the ...

USD/JPY Discussion

Very good Freiburg. Very succint and to the point. Good job!

USD/JPY Discussion

As you can see, UJ is still drawing a pretty cup formation. Now comes the hard part. Climbing that steep wall in a short period of time. Will it do it. I´m still holding on for the ride.

USD/JPY Discussion

Here is today´s chart. Everything remains positive for the longs. The channel wall and RSI trendline still intact and today marks the 9th day in a row where the low of the day is higher than the low of the day before. This is a strong bullish sign ...

USD/JPY Discussion

Normal technical rebound. Risk assets have gotten killed the past few days.

USD/JPY Discussion

But I don´t expect we will creep up that bottom line. I expect we will jump to the top wall in the next few days which is 200+ pips higher. What will be the trigger? Probably the US employment report on Friday. I think it will be surprisingly good ...

USD/JPY Discussion

Yes. It is the bottom one of the 3 pink lines. Right now it is at 76.51. Of course, it will go higher every 4 hours with each new bar.

USD/JPY Discussion