Would you guys like to see Weekly, daily 4hour, 1 hour, 30 minute, 15 minute, 5 minute?
Trader, Gregory McLeod moderates the DailyFX Forum.
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Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Hello traders! What a rollercoaster of a ride! break out the Dramamine. The price action in the Euro was the classic definition of a whipsaw. This screenshot should appear in Wikipedia as a reason not to trade a news announcement!
How did y'all do today trading this wild fella?
I shorted before the rate announcement, and was so gratified by the very profitable drop that I increased my short position, just in time for the 200% retracement! I re-entered before Bernanke started talking, and am approximately back to even for the day.
Originally Posted by Spyros
What to say to the idiots who voted Samara and his thieves?
One commentator called it a race between Anger and Fear, with no Hope on the ballot. Fear won. Oh well.
What Greece needs is a new set of major political parties. ND and Pasok despite "new" leadership are just the Karamanlis and Papandreou factions from old days, functioning as patronage machines and not as real parties, increasingly corrupt as they age. Syriza has taken over as the new major left party, but a new major party on the right is also needed. This will require that ND get completely humiliated: Merkel will probably take care of that when the new government tries to "renegotiate" and get hit with Nein nein nein.
GBP/USD Thread In Touch with FOMC Policy Decision- 43% of respondents in the GBP/USD thread said that Operation Twist would be extended. Big Congratulations!
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
There is still one hour till NY 5pm close. If it ends more or less here, then we will end up having the day more or less unchanged. That's quite a statement from euro. No big deal, be it ZEW results or FED.
Hello Traders! Here are some Euro charts with wave counts on them. I can not vouch for the accuracy of the counts and I sometimes see "repainting" or count changes throughout the day. So use them as a guide. I will start posting these regularly if you guys are interested.
Any feedback to the usefulness of this analysis would be welcome or just give the post a link to let me know if it is helpful.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Hello Traders! Here are some Euro charts with wave counts on them. I can not vouch for the accuracy of the counts and I sometimes see "repainting" or count changes throughout the day. So use them as a guide. I will start posting these regularly if you guys are interested.
Any feedback to the usefulness of this analysis would be welcome or just give the post a link to let me know if it is helpful.
Happy trading!
Greg McLeod
DailyFX Forum Moderator
Thanks, Greg. They're surely helpful and also surely repaint, so if you can re-post of any updated counts on 1H and/or 4H that would be great. Thanks.
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