The end of a cycle or will it go further?Long 38%, short 62%, however this is just for FF trade explorers. However it does seem consistent with the full market shown in the second attachment. {image} EURJPY appear to be the most sold and bought vs the US , on October 7. I'm not sure whether to as a result expect EURJPY to go down due to the imbalance or the imbalance is indicative of a price turnaround (where EUR shorts and JPY longs reduce.) This is apparently the whole market.(Bloomberg & CFTC){image}
EURJPY appears to be at the pivotal zone. Either down or up. If I were to go long, in your opinon, would 114.00 be a good place for the stoploss? (http://www.forexfactory.com/rblackburn#acct.06-tab.list) Also, USDCHF, has broken it's daily triangle, what is the best time to enter long in your opinion?
{quote} below of 113.20-113.40 if you are agresive buy the pull back. if you are conservative wait for weekly close. and buy next week pull back. by the way putin f.cked my eurcad trade
SGDJPY Jpy risk, USDJPY might go up or might go down. SGD is overall weak on other currencies, lower lows, lower highs.{image} USDMXN thoughts?{image}
Thanks for presenting such graphs as strange as they may seem. What is your opinion of NZD/CAD? It appears to be ready for another downward cycle on the 4H chart, although it appears the momentum has slowed down.
Possible short on XAUUSD? Parralell lines drawn. Im thinking of shorting around 1285 {image}
Thanks for the above analysis, i will use it when I look to make a gold trade. I am currently long on the EURGBP. I think that if you had a look at it, you would feel that price is showing enough evidence of an upward move over the next few days
