Trading that on a 10k lot...sure. But with 20 wide (if not worse at times), no real trader was actually trading that....nor should they....
Yeah, that was a nice jolt on low volume. I'm short from the aftermath at the figure. Looking for further breakdown here as target was around...
When NOT to trade? Just see this morning after 8:30am EST. :eek:
Speaking of price action....the chart I was looking at before on EURUSD daily indicated a bull flag. Perhaps the accumulation chart pattern was...
To clarify a few things (and by clarify I mean distort with my own opinion)...Lagging price indicators are not a flat waste of time. Think of...
Just to follow up on the already well written comments... If you want to look at volatility for any of the pairs (shown in a number of ways;...
To put things into perspective some, the average monthly % chg in price for USD/JPY from 1/2000 to 5/2010 was 1.84%. Collectively, the average...
It looks like USD/JPY is basing down here above 80 and steadily holding its ground. I wanted to know what normally happens in situations like...
Where volatility normally dies down some, it looks like it may continue to be above average. Swing traders should continue to like the price...
RBA minutes possibly? The timing in the move to 1.43 in the chart was a bit off, but happened similar nonetheless. I'm expecting similar...
I can get behind that, though I believe it would still be a part of a bigger move. I'd look at any dip as a shakeout going forward. Looks like...
Does anyone else see (or have already commented on) the bull flag in development on a daily chart? The charts I use (which include a few...
Right now, EUR/USD looks to bounce a bit more (appx 200 pips)...back toward 1.45, with minimized risk of downside. Seems to also be setting up...
Exactly right. And the reasons are irrelevant. Whether wrong or right, consistency is the key. I'll happily follow/pay attention to anyone who...
I'd say you just found a nice trading signal! :D
Lots of good commentary. To rehash and introduce a few things: How could one even say it "should be" at say 1.20. Would that not assume...
Levels were very reliable this time around. I kicked some at 4150 and kicked the rest in front of 4050 in the 70s. I'm looking at some...
Nice trade there, glad to hear. I'm only short a half stack from average of 1.4232. I'm holding for a break of the 1.4180 level though I won't...
Good point, but be careful with that assumption. You are assuming that 50% is the average of where it would revert to over time (or assuming a...
It looks like 1.4250 is a major level for a lot of traders. The ascending triangle that formed since 3/7 had a width of about 250 pips with the...
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