Thanks PK. Your analyses are invaluable. I was wondering why Cable was setting up for a sell.

EurAnalysis

Absolutely. Having cleared out all the issues with technicals and MM, I am finding that the real issue for me is lack of a life waiting for these trades. A few asset classes will hopefully make things better. I would love to free myself from this ...

EurAnalysis

No probs. Entery is never an issue for me as I tend to trade certain candles only. It's the waiting. My entries will come fast when an impasse is resolved which I usually detect visually. The trades are easy when the markets are decisive. Of late, ...

EurAnalysis

Thanks. I've never traded oil. The 27 crosses keep me busy. However, I would like to diversify if only to try something else for a change. Currencies have been a little hard on the head recently. When you've buyers and sellers on both sides of a ...

EurAnalysis

Whats your spread for oil if you don't mind me asking? I've OILUSD on one of my platforms at 72 pips spread. The charts look fairly clean with some nice trades.

EurAnalysis

Most of the action takes place on M5 in currencies (for me anyways)...buying and selling candles I mean. Last night was an absolute mess on the charts (I'm in New Zealand). It would be useful having something else to fall back on for a bit of light ...

EurAnalysis

It's an absolute minefield on the M5. I trade the candles only, on 27 crosses, and almost all are as indecisive as you can get. Hardly surprising given Europe. Will have to look at gold sometime.

EurAnalysis

Quite natural given that they know their days are numbered in government. They will be replaced in due course by and even more austere government. The Greeks will be dragged, screaming and crying, to a better GDP. The days of (capital subsidised) ...

EurAnalysis

I am not so sure I agree with all this doomsaying. The banking and government debt fiascos are all part and parcel of a new and more aggressive capital. I don't think any power on earth would be willing to fetter that lack of constraint as to do so ...

EurAnalysis

Some decent signals will come along at some time.

EurAnalysis

Fridays closing buy is still playing out. I'm on the sidelines.

EurAnalysis

Sorry to hear that Tom. Hope all works out.

EurAnalysis

This is my opinion, and JUST MY OPINION so don't go trading on this. That is something you need to do your homework on as I may be completely wrong. This issue is far from resolved and Greece is only a symptom. Globally, banks are loaded with toxic ...

EurAnalysis

Pretty slow drift south at the moment anyways.

EurAnalysis

Confirmation was at 32795.

EurAnalysis

The sellers were are 32870.

EurAnalysis

Hahahaha. Ah well.

EurAnalysis

Gold also harkens back to pre-capitalist styles of production and limited value creation. It cannot work as a viable value store for the system of capitalism which is premised on infinite growth. All it can really do is serve as a value store in the ...

EurAnalysis

I trade 27 pairs. They all have pretty much the same movement dynamic. You just gotta get used to the general movement profile of candles.

EURUSD

You have to remember...no matter who is top dog in the world, we have capitalism until it undergoes its own natural change (as does everything). Capitalism succeeded feudalism which was even more barbarous (you have remnants of feudalism in Islam ...

EURUSD