On the 4 hr chart The top trend line has remained true for most of the month. While the bottom trend line takes regular turns to the up side. If you zoom in MACD is crossed over into the "buy" side. The bounce off 1.1950 confirms bottom trend line ...

My trades by Dave

4 hr chart could be showing downtrend reversal on a large scale. Not trading yet but will post analisys chart. in a min. Dave

My trades by Dave

On the 30 min charts I got the stochs curving up out of over sold. And RSI starting to peek above 50 line. I will reenter at the top trend line. Dave

My trades by Dave

I am worried about momentom here. I got a change in signals on my charts and I think the dip is done. For now. PT:1.1962 +5 pips Also the usd is pulling back on the other currancies. I don'tlike this range Dave

My trades by Dave

trade triggered.

My trades by Dave

When I cann't project a direction I just trade the daily pivot. Dave edit: a retest of 1.2000 could be a good entry for a short also

My trades by Dave

Eur/usd Pivot..1.1975 Entry order short @ 1.1970 s/l 1.1990 target: 1.1930 1st 1.1910 2nd

My trades by Dave

Well usdjpy did slip further to touch 115.04 and bounced. But I won't go long on USD until hurricane damage is assest. If the damage is worse than expected the USD could fall more. If its less than expected the USD could bounce back to retest ...

My trades by Dave

thanks highway.. I pulled trade where I did cause I cann't moniter the trade. It could still dip lower but I cann't tell. I'd like the eur to do something difinitive. Dave

My trades by Dave

I didn't trade the eur/usd because its in the middle of the trend lines I posted end of last week on the 4 hr chart. The usd/jpy was retesting 116.00 and appeared to be failing and getting ready for a pull back. (as it did do slightly) I don't trade ...

My trades by Dave

Thank you for your first post on forexfactory just to come to my defence Dave

My trades by Dave

Sorry to have offended you. I would never "hope" that a hurricane hits any one, but the fact ,its there and they tend to have an affect on the market. Weather is a fact of life. I mearly post my observations. Thank you for your kind words Dave

My trades by Dave

Pull trade here.115.64.....+19 pips

My trades by Dave

Just in...10:42 pm EDT Now a catagory 3 at 115 mph. usd/jpy trades 115.89/90

My trades by Dave

1 more mile an hour and wilma becomes a catagory 3. Last hurricane down graded and usd went up. I am waching to see if usd goes down when wilma turns 3. Not a move like when oil pumps were threatend but some kind of move. Dave

My trades by Dave

It is kinda slow going even for a sun. I wonder if people are waching the weather. I would expect that the big players would rather see a drop befor going long again if thats what there gonna do. There could be no drop. Could be just consilidation ...

My trades by Dave

The liquidating of usd longs due to hurricane threat is exactly what I am looking for. They should want to take profits just incase there is another national disaster in the US. And I agree that the 115.00 lvl might support any drop. Thanks for the ...

My trades by Dave

moved s/l to 116.40. market is so thin I don't want to chance fxcm snatching my stop I'll pull it manually at 116.10. Dave

My trades by Dave

On the chart below you can see the double top. Also notice how the price is confined under the middle trend line. Stochs are over bought and RSI is turning down. Technicaly this is a good trade and fundamentaly is a good trade. We'll see Dave

My trades by Dave

I will post this one .... usd/jpy short entry 115.87 s/l 116.10....trailing stop at 50 target open We are at the top of the range here. It still hasn't broken 116.00 yet(115.97 is highest). So I feel like short here is good espesially since the ...

My trades by Dave