dantpm, please don't put ideas in FF heads, just now we end up with a like, dislike and flip-a-coin button .

Thanks for your post Georginson, the question I'm asking myself is this, what exactly happened in that range? Was it accumulation or distribution. Then there's just the small matter of month-end flows that gets brought into the picture. Cheers Guy

Same m15 chart, but purely using a channel and Fib Levels on the angle to show what's happening. So different strokes for different folks I guess. Cheers Guy

Here's some food for thought. Roughly 14 years ago, my mentor put the following question to me: If I enter you into a trading competition, and they put a blank chart in front of you, will you be able to win? I never looked back, I've been naked ...

It is possible, but I have it the other way around. Cheers Guy

I did a pricing model on US Treasuries 3 weeks ago, and this much is clear, risk assets will struggle in Q2, but the market will turn the corner ahead of Jackson Hole in August. So we can expect structural bullish momentum starting in H2, running ...

I won't be surprised if we see 98.00 on DXY before a structural move higher, just my 10cents. Cheers Guy

Can you please stop this bitching and moaning over stupid arguments in this forum? We had a whole weekend of this already. All you are doing is shine light on your own immaturity. This is really getting old now. Guy

...first hour of trading after opening (any session) is called the initial balance (IB) For those wondering, you will find more on the initial balance concept when you read up on Market Profile. Cheers Guy

Agree, the Weekly and Monthly chart is my bread and butter. Cheers Guy

Hi Headland, I'm a swing trader, I monitor candle formation on the H4 and Daily for continuation. I have not seen anything on those two time-frames to suggest anything bearish, so as far as I'm concerned, the bulls has got this. I'll stay long GU ...

Understood, thanks.

Dan, if I may add, best time frames for 35-period is the 3/4 hour chart. Cheers Guy

Hi SnailFX, I do naked charts, so no system. But you may want to invest in a good currency (not pair) correlation indicator for the platform you are using. When correlation for both currencies move closer to the median/0 the pair will start to ...

Hi Friends, Checked the charts after a long haul flight to New York and see the bears tried to make a run for it. For me nothing has changed, I’m still long GU into month end, nothing on the Daily and Weekly charts suggests otherwise. At the risk of ...

Hi fxsport, one don't need to go further back than the 2008 US housing crisis to see that these crazy patterns repeats like cycles. Your point on EW Theory is important, because i.m.o Ralph Elliott deserves allot more credit than he was given, ...

I agree, here's my thoughts. Most systems are based on some of the theories/strategies Coreg listed above, and experience has taught me that to become a successful trader you must master all the core principles of price action. I purely trade based ...

Bears, do you want it or not?

Coreg, is that a trick question?

From what I can see on the H4 chart, the dollar is in trouble.