1500 yes. in the last week or so I have seen 3 times where the spread went ridiculous. yesterday I had a good trade taken out by a 500 pip spread, pissed me off.

Glad I closed my winning trade before the pop. I hate when the spread goes to 1500 pips! on FXCM. That would pretty much wipe out any open trades.

I am leaning toward a return to up for a retest of previous high before deciding if rally is over. It is starting to drift out of channel. If it closes below 139.37, then I think we are in for long ride down.

On the weekly TF the 200ma is at 139.580, and if you look at the Monthly that would make a nice spike outside the bollinger. food for thought on when things will turn south???

the wait is over

DaEdge your spot on! it's about making pips, and you there are many different ups/downs to be played and many diff time frames and how long an order is open/ what your sl's are, etc. sometimes you can turn a shitty trade into a winner if you wait ...

I think GY is sideways waiting for Daily 10MA to catch up. Then we shall see if higher or no? For now ride the range. Today may leave us and envelope candle, is so then ready to take off one way of the other.

I agree pretty much with your analysis on this. I would only add that we could see a drop to the 129.72 regoin and then spring back up from there.

the way I see it, now is not time to buy as it is at top of channel, wait till it breaks then buy up to 133.5 It could very easily turn around now and go to 129.7 then go back up to new high. thurs is a day to just not turn on computer, not worth ...

Here's my chart/prediction. currently at top of long term channel and just completed rise over last 7 days to top of that channel. There is a little bit of room to top out at 132 in the next couple of days, then most likely to go down to 127.5. ...

Just hit top of channel on 4H and WK, should see some sort of technical pullback. BTW, just closed my first 150 pip trade made last night while i slept!

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I also think it doesnt want to cross it today at least, but who know???? I have a short now, but not expecting much. ...and this possible RED TL keeps being tested and rejecting. If it's real, this would be the first time in about 3 years that a GJ ...

Kinda OT, but I have been changing my candle colors to either all blue, or the up are red and down green. It's to reinofrce the sell hi, buy low, seems the "standard" colors are taught to make it harder to do what you need to do.....

yup, i was day off!! [QUOTE=IndigoPingvi;6129283]Maybe even sooner then Friday,

day chart — I see it working the upward channel, going to have good up/down range each day until about Friday when it will head up to new hi around 129. has had higher lows. 128.2 is current resistance level.

let's see. may have topped for day. long term trend still up though.

here comes the drop...

that's a long 4H candle. not a good time to sell even if down. also at resist level. wait and watch for reversal? Today is mixed; g/u is down, e/u down, but g/y and u/j are up.

CSM — you should use CSM to see major strengths and weaknesses across all currencies. (currency strength meter) if you are placing trades against what is says they better be very short term. cant hardly go wrong when in agreement with it.