right now it is like glued to the weekly pivot and daily pivot level. it is nice when they both are at the same level... price goes to it like a magnet it has been creating a triangle in the daily.. and it has to resolve soon...

EURUSD

middle of the week... and ranging in the middle of the weekly pivot... very liquid market. nice scalping to everybody

EURUSD

yes a bit strage H&S... but it can be... it is because 1.5366 is a very strong level with two fibs

EURUSD

very interesting video about oil. video

Sweet, sweet Oil

I've just read that USA consumes each day more oil than the next 5 major oil consumers in the world which are "India", "Rusia", "Germany", Japan" and "China". How can USA economy recover with this oil price action? The crisis has just started...

Sweet, sweet Oil

yes... every trader has to find the timeframe for their personality... I also find useful the 30s chart to scalp. but with less leverage trades I think the daily is a good one... because a day is a day... and it is a very significant cycle in our ...

EURUSD

H4 candles depend on the broker time zone... usually H4 candles give different candles for each broker... only candles from H1 to M1 are the same for everyone

EURUSD

I'm sure many times price will hit your stop to continue big move in your direction...

EURUSD

anyway... the trend H4 is still down... lower lows.. lower highs... clear down

EURUSD

Did everybody see the stop hunting to 1.5312 before the up move? I am trying to detect those stop huntings... because they are always the best entries...

EURUSD

I would say 1.5368 at least... fib retracement and previous support now resistance

EURUSD

seems it wants to retest 1.5400

EURUSD

give me all of those bulls daddy... image

Cesarnc's market talk, gossips, rumours & fun

why should lives of millions depend on the greedy of the speculators? this human behaviour really worries me.. but... is it true that the price of oil really is driven by the speculation ? I don't think so.... I think there is something more... even ...

Sweet, sweet Oil

no... not from now.. but from today's london open ... 1.55 I have my stop at break even.. so I don't care.. that's how I catch bigger moves... in the meanwhile.. I scalp little trades in the same direction

EURUSD

my target is 1.4970 is support and 2 fibs

EURUSD

oopsssss true

EURUSD

I am really flat today... because there is too much risk in any direction for me at the moment...

EURUSD

I agreee.. it is all signs of going long euro... I usually like to see when oanda changes the spread also... it's a sign of something is going to happen. Also when it disconnects and reconnects.

EURUSD

try using oanda broker.. with oanda you can put any amount to adjust your risk to the pip it's a very good broker for small accounts

EURUSD