It really isn't abaout prices only... — Consumption in the US is based on credit, alias most of the World, therefore banks, credit cards, and other credit operations can offer lower rates if the basic interest rate is low. This makes it easier ...

EURUSD

I don't blame him — Eventhough I don't really care what they do, since I trade whenever price gets to some "critical" level, I don't blame Benny. He is pretty much in between two problems if you will. He's in between internal market "warmth" X ...

EURUSD

Trend is your friend. — Just a reminder... The trend is your friend. I personally don't take countetrend positions. At least usually...

EURUSD

Channels and Resistances — Hi folks, This is what I see as of now for EU... Price is channeling upwards towards a resistance @ 1.5820. Unless soemthing very strange happens, price should head up there. That is a critical line, at least for me ...

EURUSD

GBPJPY — This is what I see for GBPJPY. Price is channeling upwards but is facing resistance @ +- 213.50. My guess, a wild one, is that it could start chenneling downwards towards that wider LTL of the ascending channel and hit back up. But ...

Drawing correct resistance and support-lines

Loonie — USDCAD is channeling down towards resistance @ 1.0085. Good (critical line) to open positions. (at least for me) Later..

Drawing correct resistance and support-lines

Cable — Cable made a great break today!1 I missed it.. damn... Price is channeling upwards and broke res. @ 1.9820. Price recently "hit" the LTL of a channel observed on weekly and could ( I SAY COULD!!!) be heading up for a while. I rather ...

Drawing correct resistance and support-lines

UJ — Congrats Silver!! Here comes UJ Price channeling down. We had a fake break yesterday (news) that actuallythe literature tells us that is an excellent trend continuation sign. Price hit a very strong resistance recently(@ 108.60) and is ...

Drawing correct resistance and support-lines

USDCHF — Opposite to EU, UC is channeling down towards the LTL of the triangle seen on daily. That LTL of the triangle is also a critical line. A very good one indeed. Cheers.

Drawing correct resistance and support-lines

EURUSD — Hey guys, I had to be out for today in the morning and got back to my sttion just now. I knoe most of you are thinking: "here comes that Jupiter with those many daily charts..." But here I come with EURUSD channeling up towards ...

Drawing correct resistance and support-lines

Bulls — Da Bulls jumped in strong. Staying out until the "TSUNAMI" is over. Cheers.

EURUSD

UJ break — Hi guys, Just caught this UJ break at the UTL. Cheers and happy trading to all.

Drawing correct resistance and support-lines

UCHF and Cable — This is what I am getting for these pairs.

Drawing correct resistance and support-lines

EURUSD — Hi guys, I have been wandering about some other threads and have seen guys want to go long in EURUSD. Let me tell you I am not convinced at all we should go either long or short as of now. I am seeing a descending channel/triangle on ...

Drawing correct resistance and support-lines

Still not convinced... — I am still holding as I am not convinced yet I should go long in this pair. "Hold" area is still hanging tough in there. Bulls and Bears are still screaming at each other. Perhaps todays news will be the decisive move ...

EURUSD

I was too... — I was too, but exited my position since price hit that hold area of mine. I posted a chart yesterday. Have look how I "predicted" that hold area. I was able to make nice pips out off that trade. But now, it's time to wait... At ...

EURUSD

still waiting... — I am still not convinced. Will wait for a clear close above that "hold" area. Best.

EURUSD

EURUSD could be heading down — Hi guys, I am getting a "hold" area on this rising channel. This "" hold" area could have become a UTL for a descending channel seen on daily. So, apart from the news, bulls are fighting bears right now. I will ...

EURUSD

Same thing... — USDCAD Actually we are "seeing"the same thing from different perspective. Yes definetly a break for the support @ +-1.0100 would be a nice confirmation for the downtrend. Well, I opened a short position today. Since I am not in ...

Drawing correct resistance and support-lines

USDCAD — Hi Aediaz, I am "seeing" USDCAD a bit different than you are. As a matter of fact, I entered a short trade today based on a bounce from the UTL of a channel I am geting...

Drawing correct resistance and support-lines