With a big ass head and shoulders on the daily it is expected to tumble. What you are seeing on your incy weeny 15 min and hourly chart is consolidation; an easing of selling pressure. I will stay on the sidelines for now and wait for breakout to ...

I am seeing a symmetric triangle on usdjpy. If there is a break to the upside (likely), I would go in for 104 although target is pointing a little higher. A fallback is possible but I would not consider selling the usdjpy at this time...

@Limdua - You are a brave soul.

Finally, a man who know what he's talking about!!!, that is why you never trade breaks on EURUSD, GBPUSD or USDCHF during Asian session.....most fake breaks happen during early asian session on those pairs.

The consolidation on EURUSD since May 10 now looks like a Head and Shoulder Pattern. I would expect a nice sell opportunity. Also consider recent USDCHF moves which triggered my buy stop which in most cases move inversely to EURUSD....Look out!

@skyboys007 - Nice sell on NZDUSD. I picked up a triple top formation on daily. Break of neckline at .81562 should confirm trend reversal for 520 pips. I am in on short term sell as my trendline got broken as well as rectangle pattern that measures ...

EURUSD did a test of the neckline from a double top break last week. Target = 1.28500

Good call by the 'little guys" on NZDUSD. Euro sell stop may get triggered today. Talk is cheap.

As for EURUSD.... I set a sell stop order at 1.29250 and TP @1.28500. I prefer to wait for confirmation given recent moves. Isn't it better to post your plans instead of attempting to bash others?

Sorry, break of falling wedge was in Feb. Break of triangle took place last week. Up we go!

I think the consolidation on USDCHF is over based on my technicals. Recent break of triangle pattern and previous falling wedge (last month) indicates to me that we should see heavy buying pressure for a mid term target of .99400. You may also ...

@skyboys007 - Nice sell on NZDUSD. I picked up a triple top formation on daily. Break of neckline at .81562 should confirm trend reversal for 520 pips. I am in on short term sell as my trendline got broken as well as rectangle pattern that measures ...

Apparently you missed my trading records. Knowing which player you are in the market is critical to your trading decisions. I am the little "Little guy" because I cant trade like the banks, I piggy back on the moves made by the major players the ...

Price manipulation all the way! This much volume on eurusd during asia session. This is why money management is so important, there is no sure trade although the little guys like me all expect a huge sell off on EURUSD based on both technicals and ...