Search results

Hello Traders, Thinking out loud again. Have a price target marked on this chart. Let's see if we get it before the weekend. Take care, FX4Newbies

Just posted an interesting psychological tool to help traders understand themselves a little. It is on the blog Pitchfork Goldmine, under the new Category, Gold Nuggets. Plan to add interesting gems there from time to time. Enjoy. Will be interesting to learn what and how you see. FX4Newbies

Good Morning traders, Price did it!!! It came back and attempted to re-test the first green ML before going higher. Always nice when price behaves as you thought it would. Expecting price to continue to work its way to the U-MLH...the path it will choose we must wait to see. Working toward...

Good Morning to all, My apologies. Seems like I forgot to post yesterday...really thought I did. This was it: Looks like the Big Boys are back from vacation...price blasted through the blue line yesterday. Thinking it may find support at either of the green lines before going north. It...

Good Morning Traders, Price did make it to the ML of larger green fork...Andrews' 80% rule in action!!! Anyhow, price started selling off some. It is my thinking that if it cannot get above blue line and find solid support there, then we may have a downward move. It will probably take some...

Well the Eur-Usd pushed higher. For those who had the time to visit the blog yesterday, maybe you were able to get in on the move up. Below is the quote: "What a roll around week! Price ranged between WLs off of smaller red fork above. Maybe we will get a move upward? Will wait for a solid...

Weekly wrap-up of the 10 pairs is now available on the blog: Pitchfork Goldmine. Enjoy the rest of your weekend. FX4Newbies

Well traders, Eur-Usd rolled around between the upper half of the red fork and the lower half of the green fork. Will post the weekly wrap-up of the 10 pairs on the blog later in the evening on Saturday. Please don't forget to complete the poll on the blog if you have not already done so...

EDIT: Red Schiff added.

An expanded view using larger pivots...dark red fork.

There is an adjustment of the red fork to reflect price action.

Hello traders, Hope you had some good trades yesterday. Here is my view of the Eur-Usd...an interesting place for price at the moment. Will it find support at red U-MLH or fall, that is the question. Time will certainly tell. Second chart (below) shows an adjusted red fork. Take care...

Just letting you know I will not be posting until maybe Friday for the US Session as I will be traveling. Take care and trade well. FX4Newbies

Hello again, Hope many of you shorted this pair yesterday if you did trade. Just added a larger deep red fork. Warning Lines are off of the smaller red fork. This pair has definitely shown weakness. Let's see if it falls lower. Be careful and wait for your entries. Take care, FX4Newbies

Hello again, US holiday today. Here is my recent chart. Included a red local fork to see where price fell in the scheme of things. Would like price to go to green U-MLH, however, it just made a lower low but not by much. If you are going to trade, be patient and let the market spell out...

Hello Traders, Hope you had a good day on Friday. Here is my recent view of the Eur-Usd. Posted charts on the blog of the 10 pairs I follow. Please don't forget to take the poll on the blog. Thanks. Take care, FX4Newbies

Just letting you know that I will be very busy today and tomorrow. Will post the usual weekly wrap-up by Saturday on the blog. Take care and be careful trading. Lots of news to come. FX4Newbies

Another view.

Here is the one from this morning...

Hello traders, Very busy day yesterday compounded by a slow connection. Will post two charts...one from yesterday then one from this morning. My apologies to those who may have checked yesterday and did not find an updated chart. Expect to be back in my trading room at the end of next...