EU looks weak as ever right now against everything. I wouldn't have the cajones to hold a EURO long right now on any pair. EURUSD looks ready to jump a cliff any day now! Well, it has already jumped, but its speed is picking up.

USD/CAD

Well, I hate to say it, but it looks like this pair may have finally bottomed. It seems like as soon as I post this, though, it'll drop on the spot and make a new low, so crossing my fingers.

USD/CAD

This is one of those really slow breakouts south that gives people plenty of time to enter the "breakout". I am vary wary of these as it is usually just a trick to lure people into sellling the bottom of a move. Could be wrong though.

USD/CAD

Jeez, looks like I had that 100% wrong. Well, in any case, with the lack of any follow through to this point I am still a bull. I'll give this another shot here with a stop at about 100 pips. That should be enough. It's hard to see a great point to ...

USD/CAD

It appears this pair has hit its bottom. Watch out above.

USD/CAD

This is how I see it. First chart we got clear buying as stops are taken out. The red one is a double or triple stop-run and should be the absolute bottom. In the second chart we have the daily and I shaded all the buying going on at stop-runs and ...

USD/CAD

I got this thing heading up to 1.0850 from here. Stop 1.0105. Anyone else along for the ride?

USD/CAD

Thanks, but I'm definitely not out of the woods yet, by any means. Good luck with your scapling my friend.

USD/JPY Discussion

You guys see what happened here? Stops were taken from the previous low at 79.12. Price reversed there to take stops at 79.74. Now there should be minimal stops to take until 78.77. There might be a bounce there, but the 78.60 low is more likely to ...

USD/JPY Discussion

Yeah, I should have known that .77 would be the spot and that .74 could be targeted for stop running. Oh well, as long as 77 holds I'll be cool.

USD/JPY Discussion

Tried one more short from 72 with stop at 77.

USD/JPY Discussion

Well, there goes 79.70.

USD/JPY Discussion

Good chance to short if not short already. Stop at 79.70 should be safe. I thought it might do this, but 79.70 should not be touched.

USD/JPY Discussion

By looking at previous lows and judging how strong they were and trying to figure out what exactly happened at those spots (how was liquidity provided?). Plus I took into account the strength of the tops we've had and the movement down from 80.05.

USD/JPY Discussion

I think you'll be kicking yourself pretty soon. Get back in that short. If you're really trying to be conservative, put a stop in at 79.50 although my stop at 79.70 is much safer. This should fall all the way down to 77.60 rather fast by my ...

USD/JPY Discussion

I think short is the way to go. Targeting 77.70, stop 79.70.

USD/JPY Discussion

I'm bailing out of this long right here. Don't like the way this has developed.

USD/JPY Discussion

Beyond 80.70 I can't say. I'm leaving this trade either there or at my stop, and on to the next one. EDIT: I should add that stops can and probably will be moved up as the trade progresses. Also, if a topping formation occurs before the target is ...

USD/JPY Discussion

I got the USDJPY heading up to 80.70 from hereabouts. Stop at 79.10. A more conservative stop (and probably smarter) stop could be placed at 79.40. It seems there's a nice open field for the pair to run up through and take some stops above. ...

USD/JPY Discussion