I know many of you guys do not believe in something called elliott wave, but actually it works for me. So allow me to share little point of view here. By looking at this chart, eurusd has advanced from recent significant low in clear waves, we are ...

EURUSD

Hopefully you do not misunderstand me, I was not being sarcastic.

Aussie Pairs

I am long usdchf now.. aiming at a modest bounce, its stalling still

EURUSD

Good strategy, you can use it against a corrective rally in usd.

Aussie Pairs

I do not know the target yet, I will calculate after this day close.. and after I see reaction to 0.9500 there is odds that a top is in place, but i am waiting visual confirmation. It's overbought as well, and there is divergence on charts.

Aussie Pairs

Let us be logical though. The US economy will face bad time. Regarding USDJPY, excuse me, usdjpy is heading in a longer term downtrend to test 100 then 95. And this move is coming, the usdjpy decline wave three of three will begin in a month approx ...

EURUSD

I am negating my previous call of 1.0 for the short term. Actually, I see it reversing from 0.9500 in a steep corrective wave, wave 4 down. I will short with a tight risk. A fib projection reached, psychological and barrier. Should be wave 3 end, ...

Aussie Pairs

Awful feeling when your stop is missed by few pips to see your trade was going so well. But there is always tomorrow, next move, isn't?

Cable Update (GBPUSD)

I think the retracement was limited to 1.5070/80 and it reach fib projection. I prefer buying dips as monthly charts are overbought and argue for a correction. Do not exit your longs, just exercise some caution. I do not want to trust the market ...

EURUSD

Speaking shorter term, 1-2weeks to come, not immediate term. Oh yes, I missed the entry. but from there it should top out at 2.0200 or 2.0400 area in the coming few weeks. No problem! I will take the short side when it enter the 2.0 mark again for ...

Cable Update (GBPUSD)

I love when this cable becomes predicted. Now we are en route to a test in the 2.0 area where a top and reversal will occur. (Probably!)

Cable Update (GBPUSD)

That link is in my favorites, thanks for the input! Good luck trading

COT report and positional traders

Let us not think beyond price tops, and bottoms. This week, we will sell dollar strength..maybe positioning for next week changes, another story. CHF is too stretched.. oh wah

EURUSD

I do not think it will go that far. Perhaps support at 1.4980, if it even tried to retrace you never know european names can take it to 1.53 right now. I will just try to buy off hourly support with scaling..it should work out

EURUSD

I had chance to flat it at break even. I am not touching usdjpy until it makes one big move in one direction. Gl anyone

USD/JPY Discussion

Let it dip cause I am eagerly pressing longs..and buy stops every where

EURUSD

GBPJPY made a bearish outside day, something may drop hard. Is it cable or the USDJPY?

Cable Update (GBPUSD)

I was thinking about taking a stop-free little positions with scaling but My only concern is longer term bearish count, which is very clearly pointing to downside well below 1.90, possibly 1.8 lows. Do not want to be caught at the reversal point. ...

Cable Update (GBPUSD)

I am not in long yet, I might get long near 1.9750.. cable is very volatile, I will probably put a 50 pips stop or just below 1.9700. Still looks to me that uptrend is not finished according to sentiment data.

Cable Update (GBPUSD)

A H&S was confirmed by a break below 1.9825, not surprised to see spike low, yes you are right.

Cable Update (GBPUSD)