You know what makes me sick? I was short at 1.63 in GBPUSD, literally 0.5 pip off the highs. Didn't hold it long enough. Also was short at 1.337 eurusd and did not hold it. I would trade those trades for all my scalps now Thats why I want to ...

EurAnalysis

bad trade stopped out for -6 PT might be right about the correction here

EurAnalysis

Nope still online. We are riding the 8EMA (1minute) right now. I will short a 1.274 with tight stop

EurAnalysis

Wow. I dont have a VIP account or anything. But thats awesome. Just use different brokerage for charting. With less than 1 pip spread (no commissions of course), I would never get off Forex. I would scalp constantly

EurAnalysis

2650 sounds more reasonable. only 25 pips off the lows. The algorithm liquidated all shorts from 1.285 here at 1.271 (green line algo liquidation, a breach of red line and TP would have gave slightly more profit though) My spreads are insanely ...

EurAnalysis

Great call there. I just noticed that was a double daily bottom from early January 2011

EurAnalysis

Not sure what you mean by template, do you mean how to initiate and close positions? It's in the gold box on the right side of the chart. But I will post the .mq4 file soon so you can import on your charts and go back in time to view it's ...

EurAnalysis

Thank you Lol yeah I definitely agree would be a lot cleaner. I guess I should note, for long mode, its long above plum line, with stops below the yellow line or support areas that you see. I don't think we will be seeing longs for a while ...

EurAnalysis

Here is the algorithm. Looks the same as before (except with new redline) but the EMAs are different. Plum line is now 8 EMA instead of 5 EMA, and gold line is now 34 EMA instead of 21 EMA. Yellow line is still 8 EMA. I'll put together a 4HR chart ...

EurAnalysis

Good laughs, now I'm offline (this isn't even really about economy, but a funny clip from one of Bill's standups nonetheless) video Edit: sorry, forgot this was still "market hours".

EurAnalysis

Election year, I'm betting they will do anything in their power to keep gas below $5. And right now, the only way to do that is DXY strength. If they had to choose between $5 gas and 13,000 Dow or $4 gas in 10,000 Dow, I think they would choose to ...

EurAnalysis

Will be posting charts and explaining the new algorithm soon. It's based off of pure price action. Also will be linking the .mq4 files if anyone wants them

EurAnalysis

wow very nice! looks like inverse head ans shoulders on the 1 minute. but with how euro has been acting lately, likely we just go sideways in a 30 pip range or something.

EurAnalysis

Thank you very much You have a good day trading today?

EurAnalysis

Oh yeah Lots of fun hehe I'm getting short with a tight stop next good entry I can get, and letting it run until you liquidate your 1.46 short.

EurAnalysis

Yeah wow. Amazing how it all correlates. How do you get DXY on MT4?? and I just had a feeling this was the bottom for the day here. Looks like it so far.

EurAnalysis

And getting close to exhaustion on the 4HR.

EurAnalysis

holding so far

EurAnalysis

Don't know why, just feeling like 1.26 is not going to cause many problems. But this is the area to watch. As well as 1.2624 of course. IMO, Gold is the key. It needs to hold 1520 or Euro goes MUCH lower. I'm sure 1520 and 1.2624 will break the same ...

EurAnalysis

Looks like 1.26 is now in the cards. Might as well take it the whole way now, or almost the whole way Next time I hold a short the whole way down. Also, swaps for being long euro no longer pay you, they pay the broker. Doesn't that say something ...

EurAnalysis