You know, I've learned something new from this. It's a very good point I didn't even consider when I made the statement. But let me dwell on this... thumbs up. ========= I was actually making the point that demand always equals supply. ...

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So with current price action, this is what I and a few people here are thinking.... (and this re-enforces the post above). Flag...rising from left to right image From a wider perspective (same 1H chart though): image

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Just an extension of the previous post..... Do people/newbies actually understand Demand and Supply here? Is it your understanding that when a price falls there's too much supply, vice versa price rises there's too much demand? Is there an ...

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Well that's okay, no problems there. However, since you are in the Similarity Thread, the bits I highlighted on your chart are the differences I spotted between the Stochastic (bottom panel) and the Price Moving Average (price panel). I noticed you ...

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Agreed... my 30sec eyeballing shows some initial targets to aim for (ie. recurrance or return to mis-price) image

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We need to promote this attitude clearly and more often.

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Use the search function. Search Member: Eurusdd, Keyword: Recurrent I did this in 30 seconds. Edit: There is no "system". It's a set of ideas. TZ stands for Transient Zone. RZ stands for Recurrent Zone.

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Awesome!!

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Excellent. I've shorted at a conservative price of 2881. I waited for the 5M and 15M to finish.

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The TLTRO announcement is going to be important EU news. Watch market reaction to this... and if favourable (ie more bad news for currency) then you know what to do!

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We're on the same wavelength. Something you said about the bear flag had me looking at charts and reminded me of something I saw 2 days ago but I didn't post it. To me, all bear flags rise from left to right. Traditional tech analysis books say that ...

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I'm waiting for 1h and 15m to agree. No price calcs this morning yet, but eyeballing my ZZBB I reckon it's between 2890 and 2908.... In fact I think the 1H already capped that and the price level is falling as current price action remains ...

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Hey Eph, good to see you back mate. Just let it all go. Or this will haunt you. There are always more trades. 2750 is on the cards. I believe we're in it to 1.21, retrace or not. Rely on what you're good at. Return to that. Whatever new stuff you've ...

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Indeed mate, it's high probability in buying Dollar. But interestingly, I'm looking at a possible turn in US Stocks since a particular price point has been breached on the S&P500.... but that could be short term. If Dollar up, Gold Down... Stocks ...

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More new lows posted. Might look at 2821 for a small long if she gets there. Nope, gonna keep shorting any rallies. This looks like going to 2750ish

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So the Weekly view of EU seems almost academic. The previous week's fine looking hammer/doji has been invalidated. Fib retracements shows the obvious levels. My weak Elliot Wave count projects where I think a Wave 4 could retrace... this does lend ...

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Just to update what happened with USDCHF. I don't trade it, just wanted to see the before/after shot. BEFORE image AFTER image

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That's brilliant mate! Love it!

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Couldn't resist as the prices were so good. Sold again at 2883 and closed at 2858, with TZ forming. Perhaps Asia will respond in kind and get us back to 2880-2910

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