Anyone else see a bullish flag on the one hour?

EURUSD

Six more pips. Took a short as soon as I saw the screen. Price moved up pretty fast, and I saw a potential double top. Weird slope, but still got it. Wanted 4 more pips, but the candle before I exited was showing a large wick. Price wasn't moving as ...

A Gnarly Journal

Well, I took profit 4 pips higher. Didn't want there to be a huge wick and price wasn't moving as fast as I wanted. Maybe it's just a snag, but I'm on hyper-alert when scalping.

Aussie Trading Room and Cartoons Gallery

If price doesn't hold here, I think .0315 or just .03 (for the psychological level) will be the next area to watch out for. Taken from my journal.

Aussie Trading Room and Cartoons Gallery

This I can see. It's the high after changing into a downtrend. You can see a base around this level on the 1H chart, too. About March 5th?

Aussie Trading Room and Cartoons Gallery

Buy the dip to sell at the double top? Weird slope for the neckline, but I'm thinking .0575 will be my TP.

Aussie Trading Room and Cartoons Gallery

Took a scalp on Bernanke's speech. I like experimenting with patterns I see, and a lot of the time, I see circular patterns. Sometimes, price takes one quadrant, and sometimes it takes too. After completing the quadrant, price broke out and I took ...

A Gnarly Journal

Went short because I saw the 11 pip green candle and because bernanke. Took profit as soon as price hit 50 EMA. Price took the second quadrant. 6 pips!

EURUSD

I haven't read too much into circle trading, and have done more of it through trial-and-error, but I am noticing a few things about them. Some circles, I notice, only take up a quadrant. Others take up two. Maybe price will take two here. (Bernanke ...

EURUSD

Price formed a H&S instead of a double top, which is still good, as I got 16 pips from the right shoulder to almost the pivot before the pullback. I will be anticipating support at the 1.053 level, which is around where the 200 EMA is. +.25% for .1% ...

A Gnarly Journal

It's possible that Aud/Usd could go up to about 1.065-1.07. It's also possible for it to go down. The first chart, 4H, shows a channel up. Price had made a new high. Nearest area with high demand is around 1.040-1.045. This lines up with the ...

A Gnarly Journal

So, people actually want QE3?

EURUSD

What was the absolutely horrible news that came out today? I understand the unemployment rate went up by a tenth of a percent, though I don't understand how. Our unemployment was better than expected just a few days ago, and then our nonfarm payroll ...

EURUSD

Not always right with the time aspect of things, but I'm getting a lot more confident in myself. Got knocked out of my long by one single pip. 1.00011. So I went to AUDCAD and got me 40 pips. Too bad, I should've gone the Sterling.

USD/CAD

Could've gotten in on a third time. However, I took a .5% profit. I'm trying to keep my trades a little longer. Get ansty sometimes, but I'm getting over that.

A Gnarly Journal

I haven't posted here in a while, but I've made some sort of breakthrough. It was something Sam Seiden said in one of his webinars that made pretty much everything click for me. Ever since then, my winning percentage has skyrocketed. I've completely ...

A Gnarly Journal

The next two days of USD news is pretty interesting. We could potentially see a triple bottom, or a pullback to the .0020 area, on Thursday. On Friday, we either get good new or bad news. For the charts, I see high probability for price to move up, ...

USD/CAD

When I look at the reports, I get five groups instead of three. Dealer Intermediary, Asset Manager/Institutions, Leveraged Funds, Reportables, and Non reportables. I would have to say that the Institutions would be... well... The institutions. ...

Follow the Smart Money / COT Analysis

Right now, price is chilling at 1.2285-1.229. New candle on the one hour, last one gives me a bearish impression. Let's see if anything happens this hour.

EURUSD

I noticed the possible H&S and think that price could go to 1.229 then drop. There's two possible necklines, so I'm just going to wait and see what's up.

EURUSD