To be honest, I think that the GBP/AUD trade is probably a short-term move. After all, we broke below the uptrend line, so it is likely this will be a 'retest' of that line. However, I think its a valid trade, just not one I would get married to. ...

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I would say that you have the jist of it all. I would also add this: If there is any confusion about the trend of a chart, leave it alone. It's just not worth it, as there are almost always other trades to be had. It's funny that you bring up the ...

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^^^^ Looking at the above chart, I think something is amiss with the old Greenback. In fact, if we fall below the 93 handle on the US Dollar Index, I think it will officially be the end of the uptrend in the Dollar. Longer-term moves in the GBP/USD, ...

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Attached is the weekly EUR/USD chart. I am seeing a potential ascending triangle. Although this pair is very tight and noisy at the moment, the longer-term is starting to look like we are at least trying to break higher. I think 1.15 remains the key ...

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Keep an eye on USD/JPY. It is hugging the vital 120 level, and forming a triangle thing...yes - I see we broke above the top line of it, but in the end - we didn't close above there...... image

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I don't know, I understand this pair is a bit overextended, but in the end - the CAD looks horrible overall, and the 50 EMA is just below. Not a indicator I follow a lot, but it is one that a lot of people do........I still prefer buying over ...

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I do agree with the basic premise of this writing, as I think the paying for information bit is 110% true.

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It really comes down to what you want or need. I offer signals, and of course private training. But to be honest - most people just to the SMS signals. I show a lot of what I do here as well of course. Thanks for the kind words. Chris

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True - in fact I wouldn't mind taking the money and run..... Chris

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With the interest rate hike/statement coming out, it appears that the EUR/USD pair is trying to "front run" the announcement. I think that a lot of traders are betting on the Fed not being able to raise rates - or if they do......to say something ...

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I will be looking for short-term resistance on short-term charts to start selling nat gas again via CFDs tomorrow image

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Here is one that I sent out to my clients...... USD/SGD..... I think the breakout is significant, especially since it was resistance on the monthly chart. image If we can continue - this is a multi-handle move.

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Certainly a bear market. Hard to tell what is driving it so far down. I think you cannot overlook the Dollar as well, although I would assume that isn't a primary reason.

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This quote shouldn't be overlooked. I think that the volatility that we are seeing is a bit of a precursor to a possible trend change. However, if you look at historical charts, you often see insanity like this as we change trends. With this, it ...

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You know, I am not sure to be honest. I think the 1.12 level has to hold. However, one of the biggest things to keep in mind is that Prelim GDP in America came out much higher than anticipated. Because of this, some traders may be making the bet ...

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Thanks mate!

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Good to see you! And yes, I think the times they are a' changin' Chris

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Well......according to this chart, EUR/USD could very well be going to the 1.25 level. The 1,000 pip tall triangle seems to suggest this. The EUR/USD most assuredly has bottomed. image

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So.....S&P 500 fell apart. This is either going to be a great buying opportunity, or the market is going to implode. Truthfully, I am a bit suspicious, as the liquidity is probably leaving a lot to be desired this time of year. I see 1900 as being ...

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