Hi, when you say tools, do you mean tools on the charts? If so I don't use many, just keep it simple with moving averages and a couple of oscillators. I also look at price action, chart patterns, support/resistance, fibonacci retracement.

Yea, perhaps, we will stabilized a tad below the 2011 high around 0.8845. Market already anticipating good jobs data.

I don't see a double top yet. But I definitely see some congestion in the daily chart since March. So if you are anticipating price topping, I think its great to be ready. However, for me the topping/bearish reversal scenario is a bit premature, so ...

As expected, we are seeing that retreat from 1.3863 pivot and 61.8% retracement. Now let's monitor 1.3820 area for intra-session support to strengthen the case for at least a short-term bullish market, toward 1.3905, and possibly near the 1.3966, ...

Good point for the medium term. In the short-term however, there is bearish pressure that might set up for an opportunity to buy on a dip in the spot market.

Disappointed forecasts, but is still a pretty strong report.

A pattern in a time-frame will have significance in that time-frame or lower. Also, a double bottom itself is just one observation I shared for free. - Fan

GJ rally above DB stalling at the noted speedline. UJ not breaking its own falling speedline could be a factor. I know I shouldn't post links, but hopefully I can get an exception here from FF: url - Fan

good call DailyFX

I see, its a Sunday candle issue. MT4 (non-broker) Keeps the Sunday candle. - Fan

I am not sure how yours look like. Can you share a screenshot? - Fan

As a general concept. USD is a safe haven currency. I don't mean that Syria's situation is making the USD a safe haven. But it is a geopolitical risk that can drive up safe haven currencies...but there are other factors in play too, I just wanted to ...

The overall trend is still bearish. I mentioned that and described the overall trend. Market still needs to break 0.9320 to open up a more significant bullish correction outlook. The bullish break of the 1H chart ascending triangle is what it is, ...

downside break followed US retail sales. - Fan

The 3AM EDT candle shows EUR/USD made a new high and "attacked" 1.33, but it failed to break through. It can be clearly seen in the 1H chart. - Fan

Appreciate the compliment! And @spreadbetter. Appreciate the critique, but, I think if you read my stuff, you will see I am not what you described. - Fan

Yea jonathanhk, trade management is key. I also lean bullish at the moment, Would love to get price lower to ride the uptrend, but 1.3250 appears to be holding at the moment. We'll see, I 1618 extension is definitely a possible target guidance for ...

Followup on the GBP/USD as it makes a new high on the week url

Look Michaelpelly, I am sure you have good sense of the market, maybe even a good trader. I provide a free service in explaining how I go about breaking down the chart to give a suggestion. Nothing more than that. I have nothing to prove to you, and ...

I agree there is always uncertainty and no scenario is sure-fire. That's why I use words like "suggest" and "appear". Those softer and less predictive word choices should allow the reader to understand the outlook provided is a suggestion, not a ...