EA While we are at it some thoughts on EA as well. Simon

EG one for next week I think at this stage, but EG is setting up nicely for buying below 7530 (we need to look at smaller TF for exact numbers) for a run back to at least 7740, when the selling in Pound comes its going to be fast and furious imo ...

NU Actually one more check out NU its playing nicely for now. its going to the buy zone at 6675 and if it breaks that its going to 6590 as the next leg down. Simon

Ok you get the idea, allow your candles to speak to you, many traders I have known and coached spend their days and nights looking at commentary for clues on where I should be entering and exiting, using indi's to justify trades etc. The best thing ...

EJ Its been a bit messy but even that has been true to form when only looking at PA Simon

GA A gap or japanese window this time on GA a number of weeks back set the tone for the month of may, and it hasn't looked back. Simon

GN last few weeks for GN, completely dominant and the charts on the Long TF show this, was only going one way. There has been intraday CT trades in here but they have proven to be shortlived. Simon

CJ another one just about looking at the charts closely and studying there clues. Simon

AU Here is a block of PA on AUD, that shows also how the market offers clues then the reality happens after that. Simon

So here is a chart from EU, its interesting how PA is telegraphed to you if you are looking, check out this chart, with explanations.

First thing to really look at take a look at d1, 4h, 1h charts any of them really, to me price dosen't show any sign that it's setting up to reverse yet, now does that mean it won't of course not right, but sell offs always happen this way: 1. we ...

Hi Wage Depends what happens with news as you have pointed out that level looks ok but I think it goes right through, there will be motivation to get there as it appears on multiple TF's and this makes its almost seem too easy to me. I am very very ...

EA Trade Update I have closed it while its still well in profit, no follow through that I can see, could be wrong but looks like it not quite ready to go down yet. Simon

NZDUSD My analysis for NZD is as follows: In the last few weeks we have seen this pair come off from 7050 down to the low 67's. I think the weekly chart best reflects the mood of the market and that in my opinion is indecision, last week we had a ...

Trade Update EA Short at 15612, got stopped out at 15634, then short again a few hours later at 15635, so this is my current trade. Here is the break down of the PA as I traded it last evening. I knew this first trade was wrong quickly because if ...

Good Morning All EA had a bit of fun yesterday, so as expected the hanging man of a few days back on the daily got tested the high of two weeks back was taken out at 15607, it ran up the hill a bit to 15646. AU broke down through 7180, but has ...

So as many of you know I hate repeat hate Indicators because they are always lagging and for that reason never ever arrive early to the party, however there is one that isn't really an indicator which can be useful and that's Fibonacci. In my ...

thanks TSD

Candlesticks As many of my regular readers have probably worked out by now I am fan of Japanese candlesticks and the work of people like Steve Nison, unlike a bar chart a candle chart leaves clues behind that you can use to read PA. Let me stress ...

yep absolutely don't allow the world to label you this is the world's way of containing you, this is BS, the only way to fly is to spread your wings and in trading that means trading to make money not to be labelled, however it comes is ok by me ...