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Here are the levels I am watching today. YM (Mini-DOW) 12,836 12,675 12,423 12,363 12,232 - Close 11,797

Today's update

I don't trade based on patterns or indicators. I do keep an eye on a couple things on longer term charts just to be aware. Here is something I watch that might help you if you missed it. Again, not a good setup to trade on at this time. In fact, just the opposite. Pull up a weekly on the...

As of 10:37, I see the EURUSD is trading at 4645. It has been holding above the 4636 level for some time. I would cover my short (should be a loss of around 10 pips or so) and either reverse to long or you could also wait for the swing high to be taken out as a confirmation. Not an exact...

I will take another look at this after trading today. The arrows are probably confusing. Basically, you can use all the levels, including the red box levels as sort of a pivot. You want to be long above and short below. Right now for instance (9:17AM EST), I am looking at the EURUSD. It is...

I am watching the 11,423 level today (if we ever get close) to see what happens. If this level reverses price, then I have a downside target of 11,797. Good luck with your shortys. I am staying long for now. The 12,675 level is the key. If this resolves and we move up, I think we will see...

I am long YM at 12280. Targets 12,423 12,675 12,836 I see a major move up coming over the next several weeks. What is everyone else doing?

Just a note...the best time to begin trading these levels is around 3:00 AM EST (London Session). This will reduce the number of reversals. It is not easy for those of us on EST to do it though. The method is very robust if traded during the Asian and NA sessions as long as a trader is...

Just in case anyone is following along or trying to understand this concept here is an update.... Things worked out really well today, not always so lucky of course. You would have been short at 4829, the first target 4780 was hit and price continued down. If you took profit here, you...

Something different. Maybe it will give you some ideas. Here are tommorrow's initial trades based on the attachment. EURUSD Short @ 1.4829 Target1 = 1.4780 Risk above 1.4830 Watch for a reversal at 4780, if price moves through 4780 stay short. If price moves through 1.4830 strongly...

Don't you have anything better to do than worry about what I am doing. This place will never change. I will change my pronouns for you. Why is it you assme that I have no ideas about liabilities? I graduated from Harvard Law, but took a position on Wall Street instead. I still get...

Looks like the whole world has a super bowl hang over. Things are in slow motion.

Here's my take on the pound. GBPUSD(Close 1.9683) No prior analysis to follow. For Monday, I expect the GBPUSD to move down to 9624 in Asia/Europe, if this level holds price should reverse for a re-test of 1.9682 in London. Short term aggressive traders can set longs out of 9624 and...

NA UPDATE: The EURUSD reached 4850 and was quickly rejected. You should be short out of this level with a target of 4718. In order to reach this target, we will have to move down through 4780. If the market moves back to 4850, use this opportunity to set up shorts ahead of this level once more...

Short Term Analysis Date: Monday, 2/4/2008 EURUSD (Close 1.4802) I'm short from last week’s 4891 range top. Currently up 106 ticks. If you are short, stay short and follow today’s analysis. For Monday, I expect the EURUSD to trade down to the 4780 level in Asia. This area has the...

I have been with them for about 7 years. Just try to use the matrix for spot forex. It has only been broke for about 6 months now. I wish I could find a charting package I liked as much. I only trade futures with them. I don't bother to call much these days.

The picture you posted clearly shows Jupiter moving into Uranus. Check uranus to see if it is okay?

it is interesting to read people's views on a question like this isn't it? How do you define "getting good"? So you wake up at 8:00. Trade 50 lots, take a single 20 point trade a couple times a week net. If you're lucky you get to go fishing or play golf in the afternoons. Let's say I am able...

Dang! Heck! Darn it! Phew! Moon is full.:eek:

I think there has been more buying going on than most think.