Ehm only FXCM, I don't think so. I think you can with all MT4 brokers. I can with alpari. Ok not with 1 button, but just open a short, then immediately after open a long.

International companies who must exchange money for import and export. Just one example.

Retail forex only stands for 1-2% of the volume.

I beg to differ. Picking bottoms and tops are way too easy. Just get in when it's nice ranging/waves on M1, M2, M3 or M5.

I think you allow too much noise outside of that wedge. I don't trust patterns with that much noise.

Myself I'm not really long since here, but I unhedged a position at 1.9832. I just noticed we ran into alot of resistance here. If you look at M1, you see we moved up in nice waves, now we dont anymore. I think we might go down to 1.9800 before ...

Double top on M5, no higher high made. I think possible bearish continuation.

image Last 2 bars, DBLHC

You mean like this?

Wooh! that's a M1 chart? What broker is that? For me on M1 charts the candles are gapping alot and have no or very small wicks.

Please show chart for that H&S, can't find any perfect one since late march, and that one worked out. I agree though that the late bullishness in GU was very unpredictable for most of us. But that's why stoplosses exist.

It doesn't really matter if it's upside down, the lines are significant anyway. Just the opposite numbers.

On H1 we might be forming right shoulder on a H&S formation.

Hmm it's at 211.3 for me

This means bearishness right? But when?

Because I'm dumb. No well I'm so sure we will go down again. But I don't think I would have let it do it if I had more money in play . Lol I have to stop hedging.

No idea.. I have a trendline on USD/JPY daily about 500 pips up, with a bit of an angle, it wont go straight up, it's 600 pips above us right now. If it doesn't go south before this, this alone would bring GJ to 214, if GU stands still that is. And ...

Have had a short a couple of weeks now from 193.82

Uhm no one may have predicted it, someone just created it

Ye but these pairs aren't 100% connected.