EUR-CAD short — I'm short EUR-CAD. Below 1.2950 1.2900 there is nothing but air - target is 1.2000 ! Look back on this pair, 2years ago it fell from 1.5500 to 1.2500 . Big figures in a matter of months. I can see the same thing happening ...

I already closed the position, too early probably at 1.0550. Let's see , maybe there is a possibility to re-enter

Yes, I wouldn't go short above 1.0650

AUD USD — I am looking at EUR-USD too, but to me it doesn't look like a good set up yet since on the 1H chart you can see how the pair is trading sideways. However, AUD-USD looks like a valid set up on the H1 chart. I know it's the Asian ...

Thanks — Thanks, it worked

Hi, I am unable to save the file as .lua. Is there anything else I have to install or download before I can use that format? I have never seen that before. Thanks.

I downloaded the indicator from that web site : url and just followed their instructions.

Thanks David.

Thanks Erebus. I don't have that selection (shift) on my broker's platform but see it now on the MT4. So the settings are period 5 and shift 2 or 3 for Exponential Moving Average, right?

By shift you mean number of periods ?

Thanks for clarifying.

Hi, can someone help me with the exact settings for that yellow line? Mine doesn't match what you guys have. Thanks, -Mike

Hi Micardo, Thanks for the detailed answer, which helps to get an idea of the yen pairs. I am still sitting on the side lines and waiting for an oportunity to shorten the yen. Why I think the yen will get weaker and weaker? My argument is based on ...

Hi, I like this trading idea and it would be great to talk about some specific trading opportunities with other traders. For instance I see the Yen getting weaker in the long run against the Dollars. I am waiting to shorten the Yen against the AUD ...

Pound — maybe the cable - H1 BO - short

USD - JPY H4 — yes, it is risky. However, it might be at a watershed. The yen has seen it's best level relative to the canadian $ and australian $ and in addition it could be the third interim low since beginning of the year. We will see ....

USD - JPY H4 — I see a 3 tap trade on that chart: usd - jpy

NZD-USD -- H1 — I also like NZD-USD for possible long trade. The hourly studies are neutral too

The difference is because FXCM has a no-dealing desk price rates while FXDD is a market maker. It means FXDD is re-quoting the price. FXCM just streams the actual price to the platform which is provided to them.

EUr-USD — Thanks guys. For now it's going north not south.