Please Improve This System

U/J coming back to 114.00 area - This is why you don't "predict" instead "react" to the market - all the talk heads chanting 120.00 and ....look what happens. My trade on U/J is closed since last week. E/U short looking for 1.23 area will definitely drag the yen to the upside again - anyway a play on the 114.00 level is a good one for quick profits or scalps.

Good Morning DIMM. Good Afternoon on your side..

A solid rundown on E/U for a cool 50 pips. Those looking of a price discount on 1 or 5 minutes charts had a feast. Now the market is parked@ 1.2428-30 level. Some significant short orders parked @ S&P Big guns are screaming short - let's see what happens. It might drag E/U down...

damm it, i short wrong order NZD instead EUR, but take profit anyway

upps!!! but anyway a profit is a profit..good for you!!!

S&P and the Dow are looking for new highs - Trader's confidence is high - most likely will take E/U down looking for 1.200. I can't believe I am talking like this - 5 years ago the whole market was a mess.

Hey Feb nice to see you came out of hiding. Please post some links to your previous awesome threads on your main post so some of the newbies know who you are Great stuff!

That's a great Idea! will do it! Thanks !

Good Morning Ladies, Gentleman and everything in between.

No much happening today - There's some bank holidays, I believe Canada and somewhere else, not sure. Veteran's day here in US. Yen had a push back up to 115.00 high area, not bad. My AUD/JPY trade closed in a loss, which is alright as you know I was taking a calculated risk in that trade. S&P hovering around 2036. E/U is asleep.

I have my eyes on E/U 1.2300 - 1.2350 area for a play, probably on the short side. Most likely toward 1.2300. Let's see what happens.

Some ping-pong trades on E/U 1 minute charts - Ping- pong trades was a huge money maker for me when I began trading off charts. It has proven to be a consistent formula after all these years.

Slow days are good to go down for quick trades on small time frames like one minute. Like going to a beautiful empty beach . Observe how the market reacts on levels.

Here's a bigger picture - 5 minutes.

Now that we have levels in place let's ride this sucker ala System II :

Note: Fibos are for visual purpose only -

Well, E/U looking again to 1.2500. Just 2 pips shy away on my feed. Almost perfect blast from 1.2400 to 1.2500. Unbelievable.

Good Morning Peeps.

EUR/USD - 1.2500 market went back to that resting area - bulls made a big push yesterday. At the end, no agreement on 1.2500

EUR/USD 1.2440 - 1.2445 area will be something to watch this morning - maybe the market will get back up to 1.2500 - plenty o short orders parked on futures around 1.2500 so a short play would be plausible.

Yen playing hide and seek - I guess talking heads are banging their heads to the wall now....forex is a sweet commodity for marketing. Trading is another thing.

Good morning, Feb!

Good Morning Dim! Hope everything's alright.

Yen is out in the open - S&P slowly bleeding to the downside I guess dragging the whole market. Low volume across the board. Limbo zone.