Scenario 2 played out, next week could be interesting, key area around 130.

1.282xx is strong Sup. so far, let's see if PA is able to close below that level, on the other hand, 1.29 is strong Res., the algorithm is simple: 1. H1 or higher candle close below 1.282xx -------> Shorts in play, or 2. H1 or higher candle close ...

Hi , I don't think so, why?

Break Out!

Waiting for BO, long or short, who knows, just waiting

Descending Triangle in H1 TF, let's see how it plays image

Agree Hussin, $ looks toppy now! image

Hi Eur is tricky Tony, any input on Yen?

I told you not to sell the $, keep strong yet, above 1.89, 1.9x is on the cards.

Hi Hussin and All! , BO on the pound today? what do you think?

A Kabuse is a high reliable pattern, a close below 63.25 would be perfect for bears today, let's see! image

Hi Tony! Could be sooner, I mean, today we got a kabuse in Yen index, I like the area, monthly res, let's see how Tokyo and London opens. image

Hang man is very low reliable, possible BO to the upside today, look at this H4 chart, $ is still strong: My humble advice, don't sell the $ today. image

Hi K! Read the first page of the thread for information about lfx charts. I personally do intraday trading, based on weak/strong currencies accord to lfx charts and other index like DJI, Gold, Dax, hope this helps.

Hanging man on $ index, low reliable candlestick pattern without confirmation. image

Careful on Eur Tony, monthly index is forming a bullish pattern, I told you about it few weeks ago, look: Morning doji star + confirmation candle [November] Anything above 2.33 is bullish on Eur index. image

Thanks!

Thanks Hussin, I'm very glad you're around. Like I said before, I personallly don't trade that currency.

Tony, how is this related or correlated to the Fx markets?

Particularly I don't trade the Aussie, but, is one of the most bearish currencies out there, nice BO on H4, waiting for daily candle close: image