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WHat do you think? Good value or bad value. Price is now at 1.1890? Hmmm? It sure looks gloomy to some.

I see an EC trade also. Long 1.1902 Target 1 1.1987 Target 2 1.2016 I may regret this, but I am still holding my long 1.1930. At this point, the market has not proved me wrong. But it is getting very, very close. DRT

Hey doc, I have an account that I take some longer term positions in. I took the following position early this morining. JYM06 Yen Futures June Contract Long .8701 My plan for the target here is when (and if I might add) the USDJPY makes it down to the 114.40 ish area. Approximately...

Dollar Index Regression Channels Point A is the 1985 high, Point B is the 2001 high. 26 Years and here were are near the cross roads. Humbles you doesn't it. Bounce Down? ....................or return the channel and blast off. Looks like a down move for now, but who really knows. DRT

Good luck Doc. If the move down in the USDJPY ever does really gain momentum. I think it could go for a while. Personally, I think we are headed for the 114 area pretty soon.

Concerning the EURO FX (EC) I know everyone is focused on obvious highs and lows and they are very important, but in my opinion...... The level that is sending us back down right now, the 1.1945 level, is probably the single most important level for me in a good many days. Really since...

Nice looking chart here and a well thought out entry and profitable trade also. Congrats on it. Can you 'splain it a little more Lucy? What do the "P's" statnd for or is this your secret sauce.

EURUSD Regression Channels connecting the 1998 high and the Dec 2004 high. A few years of longs and shorts. Where were you when the EURO launched? Hopefully not long. I think I see the 110 level to the downside, but when you look at this one...you can sort of see a bounce on the...

USDJPY USD headed down here?? This regression channel connects the 1995 low and the 2005 low. 11 years of longs and shorts, not to mention BOJ crisis somewhere.

2-23 ASIAN/EURO Session USDJPY Current Price 117.06 I think price will move down to 116.89. This is strong and could hold. It is a good decision point to go long on the bounce or short on the break thru and pullback. T1 = 117.57-64 [Very Strong Resistance] Ebb Tide = 116.89 Long...

2-23 ASIAN/EURO SESSION I am still long at 1.1930. I had a 50 point profit in the trade until the bottom (or top) fell out. I will let things unwind a bit here this evening and take a look a little later. EC FUTURES Current Price = 1.1928 T2 - 1.1992-1.1996 [Strong Resistance]...

Looks good. What's your prognosis based on this chart? PS - I save the chart to my desktop or file. Then use MS Paint to open it. Then just "save as" a .png file. It will be in the drop down box as a choice. Also, try to make your charts smaller or they open up BIG and are hard to read.

Whew! Are you sure it was only wine, not Scotch. Oddly enough this is a very accurate answer. I am amazed.

Post some charts BLR. We like drawings and colors.

This is also interesting...if you run a simple trendline from the 2 highs since early last year...they intersect with the 100% level around the 1.2560 area. Okay, enough of this stuff.

For you SPOT lovers. Here's the spot chart, same configuration. This one was right on with the resistance. Amazing when you think about it. I really do not use any Fibs for day to day stuff, but this long term stuff just amazes me sometimes. No wonder I read the Da Vinci Code without...

This is an interesting chart. Long term, but accurate. This explains the hard turn back today. Likewise, it tells me that if we are successful at taking out this level of 1.1973 ish, then we may see some upside potential. First target could be 1.2197 and more logically the 100% level of 1.2560...

Hello everyone. I have been away for a couple days. Looks like you guys are keeping things going. Thanks. Right now I have a key short term level at 1.1930 (EC). Above targets 1.1962 then 1.1997 below targets 1.1900 ten 1.1869 I got long last night in the Asian session . This...

I'm out of this at 1.1919. Had enough. 5 tick loss.

I am long at 1.1924. I won't take much pain if it doesn't hold up. DRT