USD/CHF appears to be resisting at 1.0200... If this breaks, then EU might head further downward.

I believe that, for the most part, this is already factored into the price. We might see a jump of 100 or so on Rate Day, but the majority will be taken back. The question is, what does tomorrow have in store? EUR tends to rise up on USD most ...

I use a 91EMA and 91SMA on EUR/USD 15 minute chart. Historically, this has been fairly accurate at predicting up/down turns. It is very close to crossing over to the short-side, which is a strong sell signal for me. Still waiting for confirmation, ...

I agree that this is a "wait-n-see" period for the more timid traders. Based on the below chart, I am waiting to see what happens at 5765-5770 area, looking to short if it resists...

"Because it moved up 200 pips in the last 2 days!!! Holy cow!!! I've never seen that before. It HAS to keep going up at that rate. Plus, I know what I'm talking about because I mainly focus on EUR/USD, just look under my nickname......." For those ...

Charts!!! Charts!!! Everywhere!!!!!!!!!!!!!!!!!! — Here's another chart showing some similarities to past trends...

I assume you meant 5576 for your T/P? I see temporary momentum in that direction as well, possibly up to 5585-90 area. only time will tell.

It may be a simple correction, or an indicator of trend change. I wouldn't consider this a definite trend change until the low from 5 weeks ago (5285) is penetrated and held.

I second that motion. That is how "valuable" lessons are learned...

Agreed. I think that some companies are going to start passing higher costs on to consumers very soon (if they haven't already), but will resist as long as they can without gouging their revenues. At the same time, one of the main goals of the Fed ...

Hey Triq... Just came across this little excerpt off of Google News and thought it was pretty interesting. "Given negligible recent growth, the economy can already be described as stagnant. But as with a ham-and-cheese sandwich, one ingredient is ...

I scalp. Any trade that I'm in has an average shelf life of 60 seconds or so. I don't care about direction, trend, or if Senior Members are telling people to long 30 minutes before a US news release. Seems to me you're only here trying to improve ...

Oh, I did... got my 3% and got out. It needs to penetrate the 5350 level before I short again though. best of luck

HAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!! You guys crack me up...

At this point, I don't think a strong dollar is practical or sustainable. That doesn't rule out a 4-500 pip movement upwards, though. DJI is far down, and cheap to boot. Attractive to investors. Credit meltdown will have residual affects, but should ...

Looks like everybody is waiting to see if you are correct...

With the bigger news events coming out Thursday and Friday this week, I am expecting a mid-week directional move to setup for these releases. As for today and tomorrow, I agree with the masses who indicate that EU will range trade. Does anyone have ...

If you want more information about upcoming news events (i.e. what they stand for, what data they show, etc...) you can click the little square just to the right of the News entry on the main page of ForexFactory.com. This will give you a majority ...

I use FXClub.com (Rumus2 trading platform) and watch MetaTrader for my detailed charts. MetaTrader is, on most occasions, a second or two ahead of Rumus2. This is all the advantage I need to score a quick pip or two constantly. I am not advertising ...

Are you kidding? No offense, honestly... Let us think about this in a mathematical fashion. There are 52 weeks in a year, let's just call it 50 for the sake of working with round numbers. If you were to trade your full account value and make just 2 ...