He is looking at a longer-term chart. Also, there hasn't been a signal to show strength....so looks like we are going to test 110 next in my opinion. However, the daily close is what I look for as a trigger, and we could always form a hammer, never ...

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For what it is worth, I have been gone recently because I was doing this last week with the girlfriend. And no, that's not her in the video.... lol video

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A potential trade I am watching for later today. Remember that the pair is highly sensitive to risk appetite and if stock markets bounce - or even gold - during the session, it's likely this pair will rally as well. The moving averages are a remnant ...

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Regarding the discussion about USD/JPY: I think it is a valid point, to start buying at the support level. Not refuting anything being said in the opposite direction, but this goes to the crux of trading.... I enter a position like this with the ...

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More than anything else, and I assume you are talking about the NZD/USD pair, is that we were in a downtrend. Also, the AUD/USD was facing resistance, and these 2 currencies quite often move in the same direction. Beyond that, the AUD/NZD pair has ...

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Reasonable set up. Thanks for sharing.

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I don't have it in front of me, but its there. Maybe in the early 90s?

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As a general rule: I prefer to use 500 point lines, meaning 1.30, 1.35, etc. However, the market doesn't always behave. In this case, I think the 1.28 area makes a lot of sense, and I think that if you look close enough at the daily - the 1.24 level ...

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It's a perfect 50-50 play. I mean, if it breaks to the downside of that pinbar, then its a sell. On the other hand - it's a buy if it breaks higher. I would follow whatever happens. (I am actually on vacation at the moment so I'm not follow much to ...

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THAT IS EXACTLY why I point them out. I don't believe in them at all - but it is because so many others do - that it becomes a self-fulfilling prophecy. I use them as tertiary indicators at best. I still believe in the where, and the candle reaction ...

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longer dated i would think.....

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I don't trade them - but I see why you are interested in this chart.....very interesting indeed.

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No worries, feel free to message anytime. It a rule that FF instated, not me. Let me know if there are any questions. Chris

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Rippie - I got your message, but as a commercial member, I am limited in only being able to send one message every day. The answer is this: Yes, I think that the USD/JPY will continue to go higher - but longer-term. I think a pullback is going to be ...

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Concerning the British Pound: I think that we are on the precipice of a large move lower. It is because of the upcoming Article 50, and I think it will end up being the zenith of selling pressure. Quite often, a move will need a final 'flush out' of ...

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