This is what I'm looking at on my four hour chart. I'm starting to think that the longer we consolidate in this area, the more likely we will see another large move up.

Jimmy, why don't you start your trendline back a bit further? This is what I'm talking about:

I drew the trend line about 8 hours ago, give or take. Look how it bounced right off the trend line.

This is what I'm looking at on the daily. If this uptrend holds, I plan to make a lot of money. Otherwise, I plan to lose about 5% of my account getting stopped out.

We are too close right now to the middle. This is what I'm looking at. This is the 4 hour chart, and it looks like we have more downside. Until about 1.6370 or so.

You mean something like this? It must be the EMA Crossover thing. I'll search this website for something called, "EMA Crossover"

Here is my chart of GBP/USD. I discovered something interesting about the arrows (red and green) tonight when I was looking back over the past few weeks. Does anyone know whose system this is? I don't remember where I got these red and green arrows ...

And no more W pattern. Now we are breaking down. Good thing I got out of my long when I did. I'm off to bed. I'll be interested in seeing where we end up after I awake tomorrow.

This is what I'm looking at right now.

This is what I'm looking at right now. I still don't know where the bottom range is on this thing though. Missed a couple of good entries today. Still looking for a solid entry.

It looks like bulls were rejected on their way up. It will be interesting to see what happens next week. I plan to take a short scalp if we hit that line again and see where that takes me. Ultimately though, I'm still bullish overall.

This is what I'm watching right now in the short term. I took a position earlier at 6354 before I did my due diligence and drew out my charts (Don't trade right after waking up). I'll sell for a loss if we but out of the bottom and hold below.

This is what I'm looking at for the moment. I still think we can get down to the 6220ish area, but I'm hoping this is the bottom here. If not, I'll not lose anything tonight as my stop was moved to buy entry.

My view on the 4 hour and the 1 hour.

Ya'll are much too quiet! For what it's worth, this is the trend line I'm expecting. 4 hour chart.

I was looking at the intraday of the DJIA. Notice it shot up towards the end of the day? But when this was happening, GBP was headed down. True, we came back up in the last hour. But the market was turning down then.

Watch for a break of this box.

I took a short right now to balance my long and protect my profits. I may have jumped the gun here, but the rejection at this level, highlighted in blue, is giving me fits. If we go up for a bit, I'll hang on to both positions for a bit to see if we ...

Still not answering the question I'm asking. No worries, I know it's my fault. Let me try asking another question, perhaps this will assist me in finding the answer I'm looking for. When will these trades start including USD pairs again? I haven't ...