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I'd long that looking for 1.945 but I'm too busy abusing the things cable is doing to the gbp/yen cross.

what do we think, then? re. YEN! 4 year bull! yay! 1 week SLUMP. I went long but there is data on the contrary, and the charts are looking to breakout either way

Uhm? Trade under the what of what? PLEASE DO. You'll be busy literally GIVING a broker the other side of a real trader's trade anyway. So go ahead and do it under the influence. Nutcase. The real big lesson comes from *needing* the trading to go well (i.e. being stupid enough to...

and the pmi was bad and the speech was sobering. lovely. though cable looks broadly topish I've taken the advantage of the retracement from 2pm gmt to go long again, waiting to reach a fib level or two upward. the vegas 4hr filter ema hasn't dropped to the tunnel yet, either.

Mmmhmm. Sometimes my posts sound stupid and sometimes my trades lose, but more often than not...

Oh am I good. All I do now is sit and trade forex? I was short for the drop, long for the recovery, now short again for the goodness of the chicago pmi and the american open, and oh my.... :)

As I suspected, the drop continues = looking at 1.9475 hungrily (first fib under ema tunnel)

Reversal signals? Price fell to hit the 4hr vegas ema tunnel, enabling a bounce off it to a higher fib level, perhaps, but if US data comes out good today then a dollar surge is on the cards - if weak we might see cable retry for 1.97. I was short last night, and didn't want to sleep on...

currently looking to me like it wants to break upward above 1.97, usd data was *rather* bad and no significant slide has brought price back to average tunnel yet.

idjit that i am, here be the aforementioned 30m chart.

more pretty pictures. this is a 30m chart, and the lines draw an inverted wedge. Breakout beyond the lower resistance line anticipated sometime today / tomorrow. So very curious that this morning's 8am spike completely validated my trend lines, applied yesterday.

Buy interest definitely looks done; closed for around thirty pips profit. Stop putting my nickname in CAPITAL LETTERS PLEASE, IT ISN'T NECESSARY. sold @ 1.967 eyeing a handle downwards

these tend to work out for me, and I got entered long at 1.9646. Seconds before the spike disappeared :( awaiting breach of 1.97 today / tomorrow.

60 pip range just set itself up this morning headed south, and its currently retracing nicely from the test to the 50% line. Watching for a continuation of market price down towards EMA tunnel.

usdoutlaw - it was yeah. set up with the vegas 1hr ema combination, a buy signal was generated. I think it reached the 2nd fib level away from the market price.

Not to worry, much more data next week than came out this week. Let's all hope that it obeys the daily chart and has a couple of handles' slide, following this run to the top of the recent range. My EMA-tunnel indicator appears to have worked rather nicely. Opinions on use of method?

1.965 reached already.

Can anyone provide any insight or opinion on why OANDA's charts (while not differing by more than 1 pip in normal conditions) does not draw the same EMA's as, say, MetaTrader's charts do? I hope it isn't my own stupid fault but if it IS I'd greatly appreciate some enlightenment. Avoid...

Could the indecisive doji-makers please stand up. What was with all the nothing recently? 'Tunneling' long-period EMA's vs an EMA (12) filter on 1hr chart created a buy signal last night. I am long half a lot at 1.9567, eyeing 1.967ish. 1.9538 + 144 (fibonacci extension) = 1.9678...

I really am pleased that so many other people can't stand FXCM. Good luck, not that you need it.