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JCL's-Forex replied Feb 15, 2014AUD was lagging a bit against the USD compared to other pairs last week. I am taking this as an opportunity to get short with a break of 0.9090 proving me wrong. Here is my current view of the pair: video
AUD/USD
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JCL's-Forex replied Feb 15, 2014My thoughts on the GBPUSD for the week ahead: video
Cable Update (GBPUSD)
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JCL's-Forex replied Feb 14, 2014If we take out 0.9086 I will be looking for 0.9160. Right now, I see resistance is holding. Big moves on the GBP and EUR with the Australian dollar having problems not only taking out a big resistance level but even coming close. Looks like an ...
AUD/USD
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JCL's-Forex replied Feb 10, 2014Hello everyone, Let’s take a look at the EUR/USD today which as the New York session begins is trading at the upper channel level which is providing resistance. Although the upper resistance line gives a clear line in the sand on where you are right ...
EURUSD
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JCL's-Forex replied Feb 6, 2014Anyone have any thoughts about today's RBA Monetary Policy Statement? Will they express concerns about inflation?
AUD/USD
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JCL's-Forex replied Feb 6, 2014Draghi is in no hurry to act and the euro is rallying as EUR/USD crosses 1.36 and 100-day moving average. Here is a look at the charts and why I am taking today's rally as an opportunity to short the EUR/USD. video
EURUSD
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JCL's-Forex replied Feb 5, 2014#1 You always have to trade what is on YOUR charts. And the time frame your chart is showing too. This is because otherwise you will always have conflicting signals #2 On the video I note on the daily chart according to the True Trend the current ...
EURUSD
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JCL's-Forex replied Feb 5, 2014Here are my thoughts taking a look at the Daily and 4 Hour charts to get a sense of the current state of the EUR/USD going into tomorrow's ECB Press Conference. video
EURUSD
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JCL's-Forex replied Feb 3, 2014I agree. Either way today is a day that will show us what to expect in the days to come. Here is what I am looking for: video
AUD/USD
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JCL's-Forex replied Jan 30, 2014I agree. Friday's Manufacturing PMI out of China will be a big news release to watch.
AUD/USD
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JCL's-Forex replied Jan 29, 2014We have a higher high on the daily price bar but we also now have a lower low with price trading at/near the low. This is now a bearish engulfing pattern with a higher high (trapping longs).
AUD/USD
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JCL's-Forex replied Dec 15, 2013Nikkei down today is helping the push down. HSBC Flash Manufacturing PMI out in ten minutes will be a big factor in this.
AUD/USD
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JCL's-Forex replied Sep 16, 2013Personally I use a VPS. I saw a video on youtube on how to use mt4 on a Mac and there is a program I believe called Crossover. They have a video too. Search for it in youtube.
The Club!
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JCL's-Forex replied Sep 16, 2013It is not about petroleum, it about the petrodollar or rather keeping the USD as the world reserve currency. The USA has plenty of oil. They are the third largest producer in the world behind Russia & Saudi Arabi. To say Americans deserve what is ...
The Club!
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JCL's-Forex commented Sep 12, 20138, 9, & 17 are vital IMO
21 Signs You Have What It Takes To Be A Forex Trader
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JCL's-Forex replied Sep 10, 2013I took profits too early in the middle of the night (babies make trading easier!) during the London session at 92.56 and woke up an hour before the NY a little disappointed in myself but glad to have taken profits.
Hyperbolic Yen Chamber
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JCL's-Forex replied Sep 9, 2013Nearly $900 million in option expirations this morning were keeping AUD/USD tied down. The options may have prevented the pair from participating in the USD dollar weakness. Since the expiry the pair has started rising.
AUD/USD