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The last time a daily candle ended on a daily high (barring one or two very small candles) was May 16 2003. This was also on a Friday, and occurred as EURUSD had traded at an all-time high four days earlier. On Monday 19th, it gapped up 70 pips and went on to make new all-time highs in the...

Yes, this is unusual. Any ideas on what this means for likely scenarios tomorrow?

I think we could be seeing this right now on the macro level. Look at the daily charts. Horns 22 and 27 May. Then it was taken down and ran up fast to a lower high in the last 2 days. Fluid run-up? Check. Traders expecting a test of the highs or a breakout? Check. So we have a potential...

Thanks for the thread CF and yoohoo. I'm going to spend the weekend catching up on it. Hope you don't mind if I pop my comments or questions in occasionally.

Will wait to see if support at 5660 holds.

One more small wave for a test of 1.5626 before the retrace?

I was on the sidelines for the recent move long from 1.5365. Well done to those who were on board...what was it which signaled the reverse for you?

When it comes to price action, there is no such thing as "noise"; there is no such thing as "ranging". There are only waves, or oscillations, of different magnitudes and time frames, continuously superimposed on each other. An endlessly recursive fractal pattern. True or false? I'm interested...

I would suggest Japan. For me, great lifestyle and great women. And they are not after your wallet like Thai or Eastern European girls. It's easy to get a visa if you know how.

This peeve is my great burden in life too. Sometimes I swear it's like I have stepped into an alternate universe where "loose" is the correct spelling and I am the illiterate one. On the web, it's not just occasionally spelled wrong - it seems like EVERY FUCKING TIME! OK, I feel better now.

You are probably not comfortable with the position size.

More motivation to stop working for The Man.@Who is he, your daddy, telling you what you can read? Make money for yourself.

Wow. Scary post. I had no opinion of Hershey until now, but this sounds like the adulation of a brainwashed cultist.

zdawg, Your post indicates you are intelligent and ahead of the game for your age. Now, drop the `I am a highschooler, I need special help` BS. Take responsibility for being a man, unlike 99% of your peers, and travel the way of an adult. If it`s trading, then navigate the waters of ET...

You need to identify if your blow-up days are really psychological in origin, or just the lack of a genuine edge. Many strategies will consistently score small wins yet inevitably lead to large losses taking everything back. If you lose perspective or are semi-discretionary it can feel like it...

Lance??

There are always retraces. But top/bottom picking on the principle that is has to happen right now is not a smart way to trade.

Did you read my post, flytiger? You didn't address my point, but merely engaged in ad hominem. Given your poor start, I'm not very hopeful your next post will be worth responding to, but to spell it out for you again: Bush initiated a war of aggression under false pretenses. Robert H...

So much angst about fats, carbs, calories, assessing the exact nutrient value of every item in your diet. Something is wrong with the paradigm here. Realising that is the first step.

True, Hitler's crimes are of greater magnitude than those of Bush. But both launched agressive wars on false pretexts. The Nuremburg process would indeed be fitting for Bush.