Tuesday 24th July sees synchronicity between USD and JPY pairs but sideways channel for AUD and NZD. So, momentum indicated on the EUR/USD was exploited by reaching its support. Two good trades EUR/USD and EUR/JPY with EUR/USD reaching its support ...

Scalping the EUR at the European open

Fri 20th July - just for educational purposes, the charts below provide an excellent example of when NOT to trade. None of the strategic rules have been met from the outset, i.e. EUR pairs are scattered throughout the strength table and there is ...

Scalping the EUR at the European open

Tuesday 17th July saw EUR/USD and EUR/JPY in a bullish trend with AUD and NZD in a bearish move following the overnight news from the Aussie bank. Placing buy stop orders above the pullacks triggered long positions on all pairs with the 7 am candle. ...

Scalping the EUR at the European open

Friday 13th July at 06:00. No synchronicity with EUR pairs spread out on the strength table. No trade today . image

Scalping the EUR at the European open

Similar story today on Weds 11th July. EUR pairs are scattered up and down the strength table and lacking uniformity in their trends. EUR is trending down against USD and JPY and up against Aussie and Kiwi. So according to the strategic rules we ...

Scalping the EUR at the European open

Tues 10th July at 06:00 shows lack of uniformity in the trends of these four EUR pairs. The first two indicators for our strategy are not met today, so following the rules we are advised to stay out of the market. image

Scalping the EUR at the European open

Monday 9th July at 06:15, there is synchronicity between EUR/USD and EUR/JPY for a continuation of the bull move to break out of the sideways channel, but the opposite story for Aussie and the Kiwi. This suggests a lack of synchronicity across all ...

Scalping the EUR at the European open

End of week review on Friday 6th July and it looks encouraging to see the possibility of a EUR rally after the sideways channel. Have a good weekend. image image

Scalping the EUR at the European open

Friday 6th July at 06:00. No synchronicity between Western pairs on the left and Oriental pairs on the right. This will cause indecision, so no trade for me this morning. Have a good day y'all. image

Scalping the EUR at the European open

They are there on the left slightly obscured by the snagit capture button. EUR pairs are all in blue. This is a feature of the IG Index software. I can't share it with you if that's what you wanted. Does this answer your question?

Scalping the EUR at the European open

Thursday 5th July. Sometimes it pays to get up early and catch the spike at 06:00. Here is an excellent example of where the spike reached its target at the resistance levels on all four pairs. ...

Scalping the EUR at the European open

Weds 4th July. There has been no synchronicity between EUR pairs for some time now, so I have not been posting for the past couple of days. Below is today's set of charts at 06:36 showing the lack of synchronicity again where it is too risky to try ...

Scalping the EUR at the European open

Fri 29th June. Does anyone know what caused that spike at 03:30? It was a decision taken by European leaders on immigration. Now, who knows what the market will do this morning when it sees that? I for one will just watch what happens. image

Scalping the EUR at the European open

Thurs 28th June at 07:26. Market is dominated by a strong USD and a very weak NZD. There is no synchronicity in the market for the EUR as it touches its previous low. Will it bounce back or follow through? Indecision says keep out unless there is a ...

Scalping the EUR at the European open

Weds 27th June at 06:40. No synchronicity - stay out of this market. It is too unpredictable. image The EUR maintains its sideways channel. Keep out of this market until it decides to start trending again. image

Scalping the EUR at the European open

Tuesday 26th June at 06:60. All EUR pairs on the rise in the strength table and all synchronized in favour of a continuation of the up-trend. But.... image ....the 7 am candle gave conflicting messages on three of the four pairs. This suggested ...

Scalping the EUR at the European open

Mon 25th June at 06:37. EUR pairs are scattered up and down the strenth table due to a strong USD and JPY showing EUR in bearish sentiment against a bullish sentiment against the weakness in AUD and NZD. Lack of synchronicity suggests to be cautious ...

Scalping the EUR at the European open

End of week review. It looks like EUR/USD may be recovering from a double bottom on the daily chart, then on the 15 M time frame we can see how price moved well above the 11,600 resistance level. image image

Scalping the EUR at the European open

Friday 22nd June at 06:00 this is what the market looks like for four EUR pairs. EUR/USD and EUR/JPY are synchronised in a bullish direction whilst the Aussie and Kiwi are in a downtrend. But will they retrace in sync with USD and JPY? Pay ...

Scalping the EUR at the European open

Thursday 21st June at 06:35 sees JPY and USD out of sync with a strong USD. The EUR pairs (colored blue) are scattered through the strength table to the left of the charts, indicating lack of synchronicity, so our first two criteria for trading are ...

Scalping the EUR at the European open