Comment by Lisa on February 22, 2013 at 2:59pm

EUR/USD basing-on / trying to break through  SUPPORT :

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Comment by Lisa on February 22, 2013 at 3:19pm

one more ...

same difference with the EUR/JPY, working-on breaking dynamic trend-line SUPPORT :

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Have a *fun* Friday  ☁ ☼ ☁ 

Comment by Lisa on February 23, 2013 at 3:23pm

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Let’s talk about the AUD/USD ...

all my other pairs were ~ sent a drift ~ Friday afternoon.

Truthfully this one was too, but looks the most interesting to talk about, 1st.

I am taking Friday’s Trends For the Day into Sunday open, which is early evening for me

and then close-out before I retire for the night.

Price did seem to find SUPPORT where my MedianLine and 61.8 Fibonacci level where drawn,

but not much conviction from the BUYers to trade beyond the highs of the day :

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

"Looking to the left" (Sam Seiden) ...

we can see an *old* SUPPORT zone = *new* RESISTANCE for the BUYers : 

"I remain Bullish" (Yohay Elam)

... until bedtime Sunday *or* I get a BEAR cross

 

Comment by Lisa on February 24, 2013 at 2:17pm

The GBP/USD Ƹ̵̡Ӝ̵̨̄Ʒ

Thursday’s Daily close had looked like we found a bottom to the SELL off, however ...

Friday printed a dueling signal with the trend :

Often when I see this scenario, it usually means a pair will move sideways ...

with indecision for awhile.

I know Peter mentioned to us the Bank of England’s downgrade ...

it’s interesting that it happened right on SUPPORT.

Which does come 1st, Technicals or Fundamentals :

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Trend traders don’t care for sideways markets ...

and will look for other pairs (diversification) that are trending.

Here, on my 1-hour, we can see the 50 period EMA flattening-out :

Comment by Lisa on February 24, 2013 at 10:46pm

wow ~ always expect the unexpected :

Comment by Lisa on February 25, 2013 at 2:11am

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

AUD/USD ~ looks like RESISTANCE held and no attempt to fill the gap as of yet :

Comment