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    • todstars2 replied Jan 20, 2014

      Classic technical analysis by Magee allows for one penetration. 9th edition of Technical analysis of Stock Trends Even with that the Close remains below this "line of resistance". Nothing is ever certain, but with each passing days closing price ...

      USD/JPY Discussion
    • todstars2 replied Jan 20, 2014

      Traders have not been able to close the price for this pair above this "line of resistance" for two weeks now, let alone even get any outlier buyers above it. Doesn't mean they wont come out of the woodwork from somewhere, but the longer the ...

      USD/JPY Discussion
    • todstars2 replied Jan 7, 2014

      Though EUR is definitly progressing north, it looks to me to be getting a little long in the tooth AUD and NZD setups are two really good long term plays at the moment based on price action

      EURUSD
    • todstars2 replied Jul 17, 2013

      ca Being in a good neighborhood is the key. Where you decide to enter is always up to the individuals risk tolerance. Personally, I'm looking for it to break out of this hourly pattern to the downside first.

      EURUSD
    • todstars2 replied Jul 17, 2013

      This is a good place to short. Any close below 1.315 will have us continue on with the primary downward move, I believe for sometime to come. Looking at some of the other EUR markets seem to confirm this.

      EURUSD