took a short position at the close on friday..but news from jester tells me the euro is going up..has alot of fundamental support..we will just have to wait and see what is what on the technical side..

Nice

Manish Shah Intro

Hi There. This is Manish from Gujarat, India. Would love to introduce myself, as an avid Internet Blogger, Affiliate marketer, and a health concious freak. I am new to the Forum, and wouldlike to have suggestions, and lot of interaction from like minded individuals, on being an interactive and contributing member. You can visit me at www.manishshah.net

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aggressive Aggressive trading psychology in Forex Market

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aud still has teeth.

AUD/USD 4 hr.
123 pattern?

EUR/JPY 4hr
price testing 50% fib line..

euro news..
this shows me the trend is weak and manipulated and why im shorting it with great caution because in the background china is buying bonds....a news bit jester has shown me ,that china ,knowing the situation is exploiting the euro in hopes of non -repayment and in the end will demand payment in gold !!..Will the elite fall for the scam or will they avoid the scam ,or are they part of the scam??? ..that is the question..... That will be answered in price movement from now and until the crash of the euro...!
EU must decide new euro measures urgently:
here

AUD update
Southeast Australia set for another week of floods.....
here

Re: Point and Figure for Forex. Any pair.Charts.
by MDunleavy » 23 Jan 2011 14:40
point and figure chart
*DXY as forecasted achieved the 78 handle.
*This manifested on our screens this week and was mainly due to the Leadership of EURUSD to the upside above the long awaited StopHunt over 1.3497,there were still many undercurrents of coming USD strength.The undercurrents came in the form of risk aversion pairs USDCAD, USDJPY and USDCHF staging rather dramatic advances in the face of DXY weakness throughout most of the trading week.
*One reason of course is the upside leader EURUSD has the heaviest weighting in the DXY basket, but I suspect big players are beginning to take off risk and are also hedging as multiple asset classes are breaking down and or topping.(ForexStopHunters)
*U.S. DOLLAR INDEX: Dropped nearly 1% on Friday to 78.12, which would mark its lowest close since November 12.

OK , no prob

instead of using the http link use the embed link to post your charts

thats what im hoping too..took a short position at the close on friday..but news from jester tells me the euro is going up..has alot of fundamental support..we will just have to wait and see what is what on the technical side..

Nice charts cAt, I agree with you about waiting, probably at least until NY open Monday. Here is my thoughts for EU next week, daily chart ... http://investorshub.advfn.com/uimage/uploads/2011/1/23/iolbeEU_DAY.png

looking at the euro ,chf,aud,and the USD...
best to not be in the market at least until monday or tuesday.let the market shake a few trees before any real move..or any real trade continuation.

AUD update
looking like the correction is done.

USD/CHF update.
looks like a change up..

USD /CHF UPDATE

AUD UPDATE

AUD/USD 4 hour chart
Evening star

USD/CHF 4 hour chart..and a trade in the making

4:30pm NZD
Business NZ Manufacturing Index
52.7
4:45pm NZD
CPI q/q
2.3%
1.1%
6:30pm AUD
MI Inflation Expectations

testing my newest charting indicator..
the barnacle bill the sailor with the cnbc hype meter..

chinas cpi came out lower than expected...which is good for the dollar..not the markets.

AUD/USD Daily Chart

Happy Easter Forex Technical Review,!
I was looking through some old post here to see what we saw a couple of years ago....how right we were! so far,but even 2 years later the move thats expected, is inching it way to the edge as I speak..the question is, where do the feds go from here?I will start reposting on this board ,and hopefully some of the brighter minds that visit will share ......
have a great day!

http://www.thefxhub.com/
then go to babypips.that should be a good start

Go to the greenroom...http://investorshub.advfn.com/boards/board.aspx?board_id=5392

Newbie Looking to start

I am interested in learning, but is this a good place for newbies just starting out. If so, any suggestions on how?

countdown to wave 5.
here is a chart of the weekly GBP/JPY,Ive been watching this set up since the crash in July 08..,I see wave 5 lasting at least two years!

Looks like EUR/USD testing 100ma on dollar strength and speculation of EUR weakness. Deutsche projecting 1.45/EUR by year's end.

Forex Technical Review 4/10/08

EUR/USD
The pair is testing the very important key resistance level of 1.5810 and is looking to breach. The daily RSI and slow stochastic are very bullish and it appears that the breach might be imminent. A preferable strategy for today might be to wait for the bullish breach and swing into the trend.
GBP/USD
There appears to be a narrowing bearish channel on the daily chart as the cable now floats in the middle of it. The slow stochastic is showing moderate bearish momentum as it shows a double top formation with a negative slope. Going short today like yesrarday.
USD/JPY
There is a very distinct bullish channel forming on the 4 hour chart as the pair now made the first breach through the bottom barrier. The breach has been validated by an additional bearish bar, and the momentum now is extremely bearish. The next target price might be 100.50 on the first move.
USD/CHF
Narrow range trading continues as the pair did not make a significant move in either direction. The daily chart is showing first signs of a bearish momentum as the slow stochastic shows no crosses and the RSI floats near the 50 level. The Bollinger Bands are tightening and a breach might be imminent to any side. A good strategy is to look at the signal and ride the momentum.

Forex Technical Review 4/09/08

EUR/USD
look like a consolidating at 1.5710 and appears to be accumulating momentum ahead of the next break. 60 min` chart is showing moderate bullish momentum, and the daily chart is showing that there is still more room to run, probably towards the 1.5800 zone.
GBP/USD
The cable is in the middle of a very sharp bearish trend after the breach through the 1.9800 level. The slow stochastic is showing a negative slope on the daily chart, and it appears that the bearish trend will continue. Going short for today.
USD/JPY
No significant breach has been made in either direction, yet there is a bearish hint in the form of a cross on the 4 hour Slow Stochastic. The Bollinger Bands are tightening which indicates that the break is near. Going short with tight stops for today.
USD/CHF
There is a very distinct flag forming on the daily chart as the pair now floats at the tip of the flag. The slow stochastic is showing a bearish cross which might result in a breach through the bottom section of the flag. still no game for me on this one .

Forex Technical Review 4/08/08

EUR/USD
The daily chart is still very bullish as both the slow stochastic and the RSI are floating in mid level of 50. The 4 hour chart is showing a moderate bearish reversal signal, and the 1 hour chart is indicating an imminent bearish trend. Buying on dips with a tight stop will go on that.
GBP/USD
The cable is testing the key Fibonacci level of 1.9810 and is the middle of a very strong bearish trend. A breach through that level will validate a much stronger bearish trend that might take the pair to the 1.9730 zone. Going short on this today
USD/JPY
The bullish channel continues at full steam, as the 4 hour chart is showing that there is still much steam in the trend. The daily chart is showing a double doji formation with a bearish cross on the slow stochastic which might indicate a moderate corrective move before the bullish trend resumes. Buying on dips but a risky one.
USD/CHF
The daily chart is showing that the pair has been range trading with no distinct direction for a while now. The 4 hour chart is showing no clear signals as the RSI and the slow stochastic are floating on neutral territory. still no trading on this for me need a clear signal before entering the market.

Forex Technical Review 4/07/08

EUR/USD
The pair is floating between two key Fibonacci levels and is now showing bearish price movement. The 4 hour chart is showing a distinct bearish cross, and the daily RSI is floating around 50 which indicates that the bearish trend might continue. Next target could be 1.5620 i think we are going to make it for shoer term.
GBP/USD
The bullish trend stopped by a moderate corrective move which took the pair to the 1.9900 level again. There is a bullish cross forming on the 4 hour chart which indicates that the bullish reversal is quite imminent. Going long with tight stops for today.
USD/JPY
There is a very distinct bullish channel forming on the 4 hour chart as the pair now floats in the middle of it. The bullish momentum is back, and the slow stochastic is showing that there is still much more room to run up. Next target price for me 103.10.
USD/CHF
The pair has been traded in a range for a while now, and no distinct signal has been received on the daily level. The 4 hour chart is showing mixed signals yet the Bollinger Bands are getting much tighter which indicates on a possible close break. can swing in on any direction will skip trading this for today.

Forex Technical Review 3/31/08

EUR/USD
The pair is still consolidating around the 1.5780 level, and it appears that the momentum on the 4 hour chart is moderately bullish. The daily chart is showing that there might be an attempt to breach through the 1.5850, and if a breach will occur we might see a stronger bullish move. Going long appears to preferable today.
GBP/USD
The cable is in the middle of a bearish corrective move ad is now floating around 1.9870. The momentum on the 4 hour chart is very bearish and it appears that there might be a testing of the Fibonacci level of 1.9805. going short might be the way to go today.
USD/JPY
The daily chart is very bullish as the slow stochastic shows no crosses and is floating at the 50 level. The 4 hour chart has been giving mixed signals with no distinct market direction for the past 4 trading days. i will wait for a clearer bullish sign on the hourlies before entering the market.
USD/CHF
The pair is in a flat consolidation mode around the 0.9960 with no clear direction on the daily chart. The 4 hour chart is moderately bullish as the slow stochastic shows a positive slope. It appears that waiting for a significant bullish breach might be a wise choice before entering the market.

Really....
They make us think that the end is near.
I think they do this to manipulate the price of oil..!
Thanks for the reply.

The deferent is that you hear the news and I live them, but really overall its not like you see on the news on the daily matter we don’t have much action over here.
Israel Syria and Lebanon conflict have very small effect on the economy and the oil is not and issue at this region, our economic here is very strong and even on the last war 2 years ago it didn’t have any effect on us at all on the stock market exchange.
Also the Hammas and the Israeli are fighting on a daily matter for years I cant see any effect on the currency markets in the next year to come unless you will have a sudden war between Israel and Syria but that wont happened I think and Lebanon is not en issue at all they always have problem there

Not a problem ,
Just had to offer the position to the talent...Keep up the great work..
Thanks..
also the invitation stays open in case you change your mind or have the time in the future.
Another Question..I live in New York..You live in Israel,I hear Syria is massing on the boarders and we have battleship off the coast of Lebanon.Can you shed first hand light on what the heck is going on in that neck of the woods??
And what are your thoughts on what would happen to the currency markets in your eyes if another Hammas and Israeli war broke out?

"Getting tired of the pennies" (: penny's are a unique you need to trade them fast and consider them as shell only ,becoming penny master you need to understand how the game work, bottom line the amount of penny stocks that make it is almost equal to 0
You can make money on the penny only for short term IMO if you look for long on the penny you will probably loss all you have.
Any way I love to trade penny but they are only 10% from all my capital and it's very negligible on my account but I dedicate a lot of my time trading this market.
to trade forex I use easy Forex (Israeli ) there are a lot of Forex platform out there the problem a lot of them are not so reliable and give you crazy leverage and fake stops.
Never use a small forex company also if you start trading the forex use the demo account first for training before you put your money.
If you are new to the forex start with the Mini Forex $5 or less for Pips before you start with big contract.
FOREX is a risky market you can make good money but the key is to use the stops and master your TA ,TA is must on the Forex not like stocks on the Forex you can trade only on a base of TA ,also Forex is a big step to understand trading commodity, if you will learn this 2 market you will never look back again on any stocks .
My gain on the Forex/comodety in 2 days is equal for 1 month trading stock (but I trade high contract minimum $300 for a Pips
GL

Definitely! What do you use to trade forex? I'm getting tired of the pennies and like the fluctuation here on EUR/USD.

Double top play are easy, but a risky one if you look at the intra day chart , you buy on the break (resistant) and then the top become your new support, should be a fast play not more then that, until you will see some consolidation (remember we are traders not dreamers we buy and sell and make money)

EUR/USD -- Seeing a double top in the $1.58 area. The middle low of which was around $1.54 suggesting pattern completion at $1.50. Thoughts?

Forex Technical Review 3/28/08

EUR/USD
The pair is consolidating at 1.5780 on the short term, and it appears that the momentum on the 4 hour chart is moderately bullish. The daily chart is showing that an attempt to breach through the 1.5850 is on the way, and might occur as early as the beginning of next week. Going long appears to preferable today.
GBP/USD
The cable is currently correcting down on a local level within the bigger bullish trend. The cross on the 4 hour chart indicates that the bullish trend's comeback is at the doorstep. A strong breach through 2.0058 will validate the bullish return.
USD/JPY
The daily chart is very bullish as the slow stochastic shows no crosses and is floating at the 50 level. The 4 hour chart is giving mixed signal with no distinct market direction.i will wait for a clear bullish sign on the hourlies before entering the market.
USD/CHF
After the strong bearish drop to the 0.9650 levels, the pair shows a moderate consolidation on the 0.9930 level. The 4 hour chart is showing a slightly bullish momentum, as the daily chart supports the bullish notion. Going long with tight stops i will go with that today.
EUR/JPY
There is a very distinct breakout pattern forming on the 4 hour chart in the shape on th Doji. The slow stochastic is showing no crosses and has a positive slope. The Bollinger bands are tight which means that the bullish break is on the way. This could be a great opportunity to enter the market on a long position with very high profit potential.

Thanks
Regarding the Mod, no thanks I am a busy man, can't be committed to the board (I neglected my board already to busy this days )but I will try to help as much as I can as my time will let me .
Tsafi