I see the pos. Cad news didn't send the $cad falling. Signs of $ strength. About not trading against the major trend. How much retrece is needed befor its considered a trend change? Currently there has been an over all up trend on euro$ since 2001. ...

EURUSD

Price is now at weekly pivot. I tried to tell every one yesterday what was going to happen, and gave very good reason for it to happen. And when it happens, never fails, there are people who read my posts and still ask "what happened"

EURUSD

Above... See how the euro$ enters into uncharted territory, as it comes to the projected median line it finds resistance and honors the fork. That was new price range and the fork gave us trend lines to follow. Once the fork is established it will ...

EURUSD

Here is a perfect example of a pitch fork. I put the big pitch fork on my charts in febuary. The price was riding the bottom line and I questioned the validity of the fork. Its on many charts I posted from than to now. I use smaller 4hr pitch forks ...

EURUSD

The break outs that fool ya are the ones with higher time frame trend lines blocking the path. Look into andrews pitch fork too. It plots very acurate trend line paths, and often explain a sudden reversal or stopping point. Use them on 4hr and daily. ...

EURUSD

Emda, I noticed your learning to scalp. Try using eur/jpy, aud/jpy and aud/jpy on 5 min chart. And trade the break out of triangles. Keep large time frame trend lines and just don't trade if a larger trend line is blocking the path. A triangle break ...

EURUSD

There are lots of people still think the $ will continue down the rest of 08 so any dip like this will be met with bulls. But because of improving $, new home sales, low interest rates, any rallys near top will be met with bears. It could take some ...

EURUSD

Here is a possible scenario. This is pulled based on whats formed so far. It is projected to happen over the course of 4 days. Unless the price reaches further down and the pitchfork will change a little, but still needs a second top. image

EURUSD

1.5579 is weekly pivot. I pulled out with small profits on eur/aud and eur$. price needs to visit the weekly pivot before continuing down. But that would be only a single top on daily. There is usually some kind of double top. So a retest of the ...

EURUSD

^^ I knew what was going to happen. How? I was in construction for 15 years before trading. I know the business. Feb is the slowest month and things will improve the next month. It happens every year. The interest rate statement came just before new ...

EURUSD

5-10? I snagged 90 on eur/jpy and aud/jpy combined last night. edit: and 20 on the above eur/aud trade(almost forgot that one) I am going out to enjoy the beautiful day. HAPPY GOOD FRIDAY

EURUSD

Heres what I'm watching right now. Trading off the pivot image

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I keep it 1/4 what I do in normal markets. I'm watching eur/jpy and eur/aud for activity

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1.5491 daily pivot

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Since the market is on holliday and still open, lets see if we can catch the wave of a stop hunt. Thin market maybe some one with deep pockets will start pushing in a direction.

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The up you speak of is't showing on my charts. Must be different forex then the one I am trading. But we have a daily close below weekly pivot. I expect it to come back and retest pivot either to pull back above, or to establish resistance. If it ...

EURUSD

I don't think holidays have anything to do with it. Its just taking a while for the results of the rate cut to push through what was bullish momentum. Bulls keep trying to buy dips. Its obvious because of how it chopped its way to the weekly pivot. ...

EURUSD

and once reached the bottom fell out and 100 pips booked

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Andrews pitch fork is plotted too.

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DUDE! What the heck is this for a first post. I hope no body here will tolerate this kind of statement. Hey buddy......If you were in America and wrote this statement you would get arrested and tried for terrorism.

EURUSD