Brian Twomey
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  • Rock Hill, SC
  • United States
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Latest Activity

Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Peter, Seasonality is actually perfect, April, May sees USD peak so UJ, UC, U/CAD, AUD/NZD and other dollar pair prices are explained. Its their fiscal years and budget passage so all understood."
yesterday
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Peter, U/CHF at 0.9755 is exactly 3 SD, a 2 SD correction is coming to 0.9547, 208 pips and 0.9482, 273 pips and a 2.5 SD correction. Here targets and EU, 0.9694, 0.9668, 0.9611, 0.9529, 0.9508, 0.9461, 0.9454  EU. Targets 1.3007 and 1.2972,…"
yesterday
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Peter, My misquote, a 200 pip EU correction is a 180 pip U/CHF correction, Yesterday's U/C target worked for Daologic was 0.9531 and 0.9470, 31 I believed was achieved on news yesterday so never posted since point was mute"
yesterday
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Out at 2805 - simply because it was a scalp buy again - but if we don't get over 25 again - its still lower ?"
yesterday
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"I agree with you Brian that the EU should technical try higher again - but for me just scalping I have sold the EU again under 2837 and watching to see if we go under 20 and 15. Will favour scalp buys to sells but would be happier after we make…"
yesterday
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Peter, Back in OCT, U/JPY was recording 3.4, 3.5, and high 3.8 on longer, intermediate averages, normally 99% time, those are no brainer shorts, a gift. But rarely and to my surprise, I was caught like a deer in headlights. It rarely occurs…"
Friday
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Cheers Brian - so what you are saying is the U/Chf is far more OB than the EU being OS - as you are looking for 360 pips drop on Swissy - whereas less than 200 pips on EU levels it better ??"
Friday
Daologic commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Ok, I am long EU and short UC and I wait for a correction. Thanks!"
Friday
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Daologic, Peter, I just found the bottom, 1.2807, that's 4 SD's away, gotta correct at least 2 SD's, that accounts for my 1.3007 target, that;s perfect, U/CHF to 0.9400's, whoever forecasted EU down this far and U/CHF up and…"
Friday
Daologic commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Brian, the question is, will this super-oversold/overbought pairs correct? If yes, from the current levels?"
Friday
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Peter, All, Extremely Rare day when currency pairs are this oversold / overbought, its just not seen except in extreme cases, going back nearly 2 years of my EU daily records, i can't find another instance of this extreme oversold / overbought"
Friday
Jason commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Hi Brian Nice to see you., What do feel about the EURJPY?Still think we will see 134 soon ? Thanks"
Friday
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Peter, Oversold EU, Overbought U/CHF is understatement. EU should be minimum 1.2862 short term, 1.2967 longer. Both pairs are far out of bounds and a gift from the Forex Gods, stay long EU, short UC, EU target today is 1.2972 and 1.3007 to give idea…"
Friday
Peter jcp commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Morning Brian - are you about today? EU at another low at 2816 area - and OS again - so just wondered what you thought might be a bottom again today ? regards Peter"
Friday
Daologic commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Thnaks Brian! Yes, please give me the targets!"
Thursday
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: Signal, Noise and Range Prices
"Daologic,  Stay short UC. Correlations between UC and EU run point 8 or 80% so look at movements between both pairs as an 8 to 10 pip separation between pip movements where 8 favors UC, 10 favors EU. Use this to match support and resistance…"
Thursday

Profile Information

About Myself
Brian Twomey: 8 year trader, author. I know my stuff far better than most.
Trading style
Short term
Current Broker
FXCM

Brian Twomey's Blog

Inside the Currency Market: Signal, Noise and Range Prices

Posted on March 11, 2013 at 12:35pm 332 Comments

 

 First, the range. Friday March 8, the range prices were 1.3133 high minus 1.2954 low = 179 pips, divide by 2 and my range is 89.1 pips, divide by 3 and my range is 59.2, multiply 179 by 2 = 358, True Range Average, 1.3043. Are we any smarter by this information, no.

 How about measurement of a candlestick or sets of candles, no help either unless candles are measured for what they are and that is the Boxcar Average separated by either an average or Median Line to represent…

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Inside the Currency Market: Non Farm Payrolls Data, Stats

Posted on March 8, 2013 at 12:58pm 3 Comments

 

 Here's a bunch of Non Farm Payroll data, a series that dates historically to 1939. Current data dates from 2003 - present March 2013 because it appears a series change occurred either in the calculation or different manner to look at the data, inclusion of additional data possibly. Not sure regarding this point.

 

 My highly non scientific forecast for today's release is 173,010 and a high of 179,340. This number shouldn't be held in any regard. Most important is…

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Inside the Currency Market: Historic EU Levels and Targets

Posted on March 3, 2013 at 2:06am 49 Comments

 

  I last reported an historic average Feb 22 at 1.21186. Today's average now sits at 1.21229, a difference of 43 pips.

  Last reported target was 1.2830, now 1.2832, 2 pip difference and a level that must break in order to see lower prices. Last reported upper end price target was 1.4002, today's change is now targeted at 1.4001, a 1 pip difference.

  Further upper end targets next season: 1.3542 and 1.4252. Last reported targets were 1.3542 and 1.4254, a 2 pip…

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Inside the Currency Market: EU Levels

Posted on February 22, 2013 at 12:35pm 57 Comments

 

 The fact that EU broke the all important line of demarcation that signifies long to short at 1.3214 Wednesday after the release of the FOMC minutes, now says we have a short EU market. We are now in sell rally mode.

 Many tout the 1.3240 level to sell corrective pullbacks. This level is a minimum pullback since its only the 5 day average target. 1.3188 was yesterday's 50 day average target so hence the reason for its technical significance today. More importantly, 1.3185 was…

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Comment Wall (9 comments)

At 11:11am on November 7, 2012, Diana Nuwayhed said…

Good morning brian & all of you guys! 
Brian i was reading all the comments from hours but you didnt say anything about the EUR/USD and I want to know what are your thought about it!!
and thank you :) 

At 11:38am on November 13, 2012, Serg Шеховцов said…

Brian, you are cool))

At 11:10am on November 19, 2012, Diana Nuwayhed said…

Good Morning Brian, 1st congratulations for the NU & GN for hitting the target, we still have the NJ even thought the target is now seems so far .. anw Brian can you take a look on the USD/JPY and tell us what you see.. cz I have been reading a blog saying that it will go higher this week (around 200 pips)! what do u think? I trust your analysis !

have a nice day :)  

At 3:44pm on November 27, 2012, Aimé Lanzo said…

what will i do to receive Brian's blog???

At 6:55pm on November 27, 2012, Amachree Tamunonye Herbert said…

Good job Brian..Today's trade on EU was smooth as silk..I only would like to know how those SDs work with the averages to give us clarity in direction and mathematical stops..cheers

At 6:12am on November 28, 2012, santosh nikam said…

Hello Brian,

You got genius Brain......Keep it up..

At 12:52pm on December 26, 2012, abdul quader said…

hi sir , season greeting to u .. hav been following up on ur posts ..and still wondering abt ur trades on the JPY pairs .. well even i lost many -pips on the jpy pairs but im still in profit and now i just hav gbpjpy in my account .. so was eager to know from u as to when it will fall and wht would the levels be if it goes up and the tgts on the downside.. regards and wish u a prosperous comming year where u make loads and loads of + pips ..tc 

At 4:58am on January 18, 2013, TONY said…
Good day Brian, what level we should look for a retracements in EUR/GBP? Btw, the level you mentioned in GBP/NZD pair followed nicely. Thanks mate :)
At 9:15am on January 18, 2013, Brian Twomey said…

Hi Tony, EUR/GBP will retrace back to 0.8225,easily, its a longer term trade so patience, its pretty much peaked, Thank you, GBP/NZD trade was perfect as usual. Been riding it up and down for weeks

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