big gaps today...

Well, for anyone who cares, the EUR/JPY did pay off with a +48 gain. I used the Stochastics as an exit and just in time. It re-gained about 15 and has started back down on the 1,5,and 15 minute charts. So a re-entry may be in order.

Most likely quiet today with a downward slope. Not a forcast - just an opinion.

Oh, one more thing to add concerning support and resistance:

When World events like this occur, resistance and support numbers fly out the window. Often you will see the price blow through the resistance without even a bump.

So, just a word of advice, if you stick too strictly to trading protocol without consideration for what going on around you....

Oh, and one more thing:

IF, and I mean a big IF Schroeder steps down and concedes, the EUR may take off like a rocket. Given the political situation and confusion right now, that may be all it takes to boost some major support to the EURO's eventual re-climb to 1.2700.

Again, not forecast - just opinion.

Interesting closes today. Something like pin bar on AUD/USD. look at open. FOMC expectation may help AUD/USD. there is a channel on 4hour chart.

Interesting situation with USD/JPY. There is 'evening star' on daily chart. look for open price.

EUR/USD Pin bar is forming here too. Again look at open and political situation in Germany.

USD/CAD almost callapsed here today.
What do you suggest and what are you planning to do?

I'm thinking EURUSD will go something like this. What do you think?

Take your black magic elsewhere!!!

Dead threads should stay dead!

That turned out pretty well. Been busy and finally got time to check and see how this trade went. Welp, better get back to washing dishes.