Its a pleasure and amazing how it helps me putting pen to paper as it were each day before the market starts. I am 100% convinced that I am better off for it. I still do analysis each day even when Mrs V is off. After almost a month of very little ...

Higher low, lower high system

EUR GU EJ 22 May MPC minutes this morning and Bernanke testifies this afternoon (each around 90 minutes after their respective markets open). EUR - D closed positive but not entirely convincing. We have not had any pullback for a 4-7 day turn, i.e. ...

Higher low, lower high system

Recap 21 May EUR - D closed positive up from the 1.2800 support level. RSI crossed but we closed below the 8lwma. 4hr still on lower high lower low. 1hr made a slight higher high in Asian session (perfectly normal for Asian session to respect the ...

Higher low, lower high system

EUR GU EJ 21 May EUR - D closed positive up from the 1.2800 support level. RSI crossed but we closed below the 8lwma. 4hr still on lower high lower low. 1hr made a slight higher high in Asian session (perfectly normal for Asian session to respect ...

Higher low, lower high system

Recap 20 May EUR - D closed with a lower wick rejecting 1.2800. 4hr lower high lower low in tact, positive divergence is still showing. 1hr shows the bounce from 1.2800 at the London close time frame and Asian session then made a higher low.. The ...

Higher low, lower high system

EUR GU EJ 20 May EUR - D closed with a lower wick rejecting 1.2800. 4hr lower high lower low in tact, positive divergence is still showing. 1hr shows the bounce from 1.2800 at the London close time frame and Asian session then made a higher low.. ...

Higher low, lower high system

Haven't posted these in a while, D charts with the SR levels we have. Generally I draw the SR levels from historical candle bodies and like EUR Fri that level gets respected almost to the pip. The SR levels would always be a band from the original ...

Higher low, lower high system

Hi money89 Further to the discussion we had earlier on about your eur trade. In general if price is trending down the expectation is for the trend to continue, but you have to be aware of SR levels and protect yourself. You never know how big a ...

Higher low, lower high system

Recap 17 May EUR - D has not signaled a buy, 4hr evening star pattern. Bias down with potential to move up from the lows 1.2840 area. Result: Down bias played out, negative close on 1hr followed by 15 min lower high (head and shoulders) at the upper ...

Higher low, lower high system

Its been a very frustrating couple of weeks, for a couple of reasons Mrs V's time at the computer has been few and far between. Oh well for now thats the situation we are in and we have to live with it, until we can make another plan (which we are ...

Higher low, lower high system

EUR GU EJ 17 May EUR - D has not signaled a buy, 4hr evening star pattern. Bias down with potential to move up from the lows 1.2840 area. GU - 4hr about to close and signal sell. Bias down with potential to move up from the lows/W M1 1.5193 area. EJ ...

Higher low, lower high system

Recap 16 May EUR - D closed with a lower wick rejecting move below the support level 1.2878. The move up has been weak. Bias down until flow changes to higher low. Result: D closed an inside candle doji, still below 8lwma and RSI 50 level. 4hr had a ...

Higher low, lower high system

EUR GU EJ 16 May EUR - D closed with a lower wick rejecting move below the support level 1.2878. The move up has been weak. Bias down until flow changes to higher low. GU - D closed a doji, 4hr shows how the move is running out of steam. Whilst this ...

Higher low, lower high system

EUR GU EJ 16 May EUR - D closed with a lower wick rejecting move below the support level 1.2878. The move up has been weak. Bias down until flow changes to higher low. GU - D closed a doji, 4hr shows how the move is running out of steam. Whilst this ...

Higher low, lower high system

We had the support level drawn from the Dec lows. Sometimes price respects almost to the pip, sometimes slips through and rejects leaving a wick that after the fact you'll see as a fake move. Or perhaps like 19 mar '13 you think its through and next ...

Higher low, lower high system

Recap 15 May - EJ lower high following divergence EUR - D closed negative. 4hr flow lower high lower low flow but positive divergence still there. December lows 1.2878 and W S1 1.2882 could provide support. Bias down. Result: Down bias played out. ...

Higher low, lower high system

EUR GU EJ 15 May EUR - D closed negative. 4hr flow lower high lower low flow but positive divergence still there. December lows 1.2878 and W S1 1.2882 could provide support. Bias down. GU - Bias down. EJ - D closed a doji, 4hr negative divergence no ...

Higher low, lower high system

Recap 14 May EUR - D closed a doji after a decent lower wick on 10th. Moves below 1.2950 have been rejected twice now. Heading towards the W pivot 1.3038, that level provided support on 2nd and 3rd May. D has not yet signaled a buy, scalp buying ...

Higher low, lower high system

Sorry didn't get the alert on phone that I normally do, prob just as well I would have been asleep!!! Of the 3 pairs yesterday I thought GU would likely give the best trade so nice one. If you are still in you've had a small bounce, see 4hr chart, ...

Higher low, lower high system

EUR GU EJ 14 May EUR - D closed a doji after a decent lower wick on 10th. Moves below 1.2950 have been rejected twice now. Heading towards the W pivot 1.3038, that level provided support on 2nd and 3rd May. D has not yet signaled a buy, scalp buying ...

Higher low, lower high system