Posts Tagged ‘fx’

That is some slow-moving Forex stuff. See EURUSD section below for our winner on the session, but it sure took a long time to get there.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A, never stopped, finally hit first target at B, holding with a stop under UPT at C:

A wild session, mostly due to Bernanke’s testimony to Congress. This took the US Dollar down and back again for the session. See EURUSD section below for our trade triggers.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A early and stopped. Triggered long again in the morning at B, hit first target at C, and lowered stop under UPT, which stopped at D. Amazingly, the reversal caused the short to trigger late in the session at E, and I closed it out at F for 10 pips as it had come a long ways to get there. It ended up working to the first target. Could have just moved a stop over the entry level:

Another winner in the EURUSD. We’re still holding the second half. Ranges were decent, and the EURUSD traded average range.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short at A, hit first target at B, still holding with a stop a few pips over S1:

Even though the triggers weren’t that far apart, neither trade call on the EURUSD triggered to start the week. The long trigger was a couple of pips from the high of the session. See EURUSD below, and we’ll try again tonight.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Strange night. Take a look at the down and back on the US Dollar Index below. And see the EURUSD section for the trade recap.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

So early on, part of our entry under our order staggering rules triggered at A and stopped, then the rest would have triggered at B on the news spike if you got a fill, hit first target at C, and stopped the second piece under D:

Almost no movement overnight in the EURUSD, and then in the US session, the short triggered and didn’t do much. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short finally at A, but didn’t hit first target or stop and closed at B for 10 pips of loss for end of session:

Crazy night on the ECB rate announcement. This is why we go half size ahead of key data, which was really about the Trade Balance number but also the ECB announcement. See EURUSD section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short on the spike at A, which stopped, and is unfortunate because it would have later triggered at B and worked, although that was another spike and who knows how the fills would have gone:

One last winner to close out the month of April. See the EURUSD below. The Fed announcement didn’t do much to the pairs.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A, hit first target at B, woke up in the morning and adjusted the stop to C in the money. Note that the Fed announcement late in the session didn’t expand the range:

See EURUSD section below for the recap as we continue to hold a trade in the money.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Our call triggered long at A and only went about 40 pips at the high, so not quite to our first target. It used the R2 as support all night and morning, and we’re still holding with a stop under the entry:

A winner in the EURUSD and that’s it. Came back to the starting point again. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A, but gave you several places to take that entry through B without stopping, hit first target at C, and closed the rest in the morning under the entry at D:

The EURUSD and GBPUSD spent the sessions in 50 pip ranges, which are useless. One partial swept trigger in EURUSD and that’s it. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

The EURUSD call was long over the UBreak, which is the red line. That swept by 2.3 pips at the highs, which would have put you into part of the trade based on our order staggering system, and that partial stopped:

A small winner to close out the week in the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index. There really isn’t much to see there.

EURUSD:

Triggered long at A, just missed stopping out, hit first target at B, and closed final piece under the entry at C:

What in the world is with the colors on the charts? There is a method to the madness, believe it or not. Let’s just focus for this report on the fact that FOREX charts at Tradesight from now on should have the green right and lower scale background. Futures will be blue and stocks will be black.

A slow session with the EURUSD in a 60 pip range. One trigger and I finally gave up and closed it out for going nowhere. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A in the morning finally (no triggers overnight in a horrible range) and never did anything, so I closed it out at the end of the chart at B, which wasn’t even our 25 pip stop. Note how it had come up earlier than that to hit the Pivot (our entry) and stalled on a 9-bar setup:

One loser and a better winner on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short at A, barely stopped at B. Triggered short again at C, hit first target at D, currently holding second half with a stop over S1:

A perfect setup led to a nice move, but after we got stopped out. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A, stopped out unfortunately at B. If you were awake, you go again at C and it works fine. Sometimes, it happens:

Two triggers on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A and stopped overnight. Triggered long again in the morning at B, never hit first target, finally closed it out for end of session at C just around the entry:

Guess we had our triggers right. See EURUSD section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Very interesting. We had a long over the UBreak/R1 level, which hit exactly but never triggered at A. We had a short under LBreak, which almost hit exactly overnight at B, then finally triggered at C. I closed it at the end of the chart as it hadn’t gone anywhere and the session was over (breakeven). Also, the US Dollar Index 5-minute chart had a Comber 13 sell signal:

After looking at the opening few hours of play, it was clear that with banks closed around the world (except in the US since we did it Friday), the action was going to be limited, so I didn’t make any calls. GBPUSD and EURUSD in about a 50 pip range overnight, so that was a good thing. There was a nice breakout on EURUSD over UBreak in the US session.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Note the breakout over UBreak in the morning:

A loser in the EURUSD to close out the week, but check the review of it below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A and stopped for 25 pips. Note that the market exactly covered the Value Area from B to C overnight. Also, if you had been awake to re-enter at D, it worked to the first target at E:

A clean trigger that used the LBreak on a retest perfectly so that we didn’t get stopped on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short at A, retested the LBreak exactly at B (stop was above it), and hit first target at C. Closed final piece in the money at D:

From a day with two winners and a carryover to a day with no triggers at all. See EURUSD for the final exit of the prior day’s trade about 55 pips in the money. About 50 pips of range today on the EURUSD.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Our short from the prior session’s Pivot stopped out just barely in the morning over the VAL here for about 55 pips, the ONLY Level that the EURUSD even touched in a very narrow day. Strange to see:

A nice session to start the week with two winners on the EURUSD (and some good range). Still holding the second half of the short. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long early (half size) at A and hit first target at B, second half stopped. Triggered short a much better setup at a better time at C, hit first target at D, lowered stop several times and holding the rest with a stop over the black line at 1.2900:

Another day of narrow ranges and the market doing very little. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

Triggered short at A and stopped. Triggered again in the morning at B and stopped:

Make sure you look at the GBPUSD for what a wild and crazy ride Forex can be (and dangerous). Along those lines, our EURUSD trade triggered and stopped just barely before working perfectly. Sometimes it happens. See both sections below.

There was no real reaction to the Fed announcement today.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We were half size ahead of the Fed announcement as little is expected on those nights. Our long triggered at A, but stopped just barely at B (bouncing off the VWAP) before working perfectly to our first target at C. Oh well, sometimes it happens:

A loser and a winner on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A overnight and stopped for 25 pips. Triggered short at B, hit first target at C, closed second half at D on a stop:

A winner on the EURUSD and some better action as we put the time change sync behind us. See EURUSD section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, crossed the Value Area perfectly to B, second half stopped. Note the high is R1 at C:

Closed out the winner from the prior session on the EURUSD, and then a new winner and loser to wrap up the week.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (nothing new to see for setups), and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped. Triggered short at B, hit first target at C, lowered stop and exited for end of week at D at 1.2980:

We closed out the final piece of the prior day’s EURUSD trade in the money and then had another nice winner. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Stopped the final piece of the short from Wednesday at A about 20 pips in the money. Triggered long at B, hit first target at C, and raised the stop twice and currently holding with a stop under 1.3100:

Nothing overnight, but a clean trigger in the morning on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target at B (came within 4 pips, but we got a Comber buy signal, so I posted to make sure everyone took the partial there), and holding second half with a stop over S1:

A loser and a winner (still going) on the EURUSD. See that section below. One last night of trades for February.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A overnight and stopped. Triggered short at B in the morning, hit first target at C, and still holding with a stop over LPT:

A winner on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B (Comber 13 sell signal right there) and closed out the final piece at the entry under letter C on the chart in the morning:

Two stop outs and then a big winner (still going) on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, never quite got to the first target, and eventually stopped overnight. Triggered short at B and stopped. Re-entered at C, hit first target at D, and kept going on the release of the Fed minutes, which tanked the EURUSD. We are still short about 80 pips in the money with a stop over the S2:

Nothing special for the last day heading into the 3-day weekend here in the US. See EURUSD below for the triggers. The second half of the prior day’s trade stopped out well in the money.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts of the pairs with the Seeker and Comber separately, and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

We will have levels posted Sunday but no calls due to the US Bank Holiday on Monday. Calls and everything else resume Monday.

EURUSD:

Triggered long at A and stopped. Triggered short at B, hit first target at C, second half stopped. Note that we exactly hit the Pivot again at D but didn’t trigger:

Another nice winner (still going) on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target at B, still holding with a stop over 1.3350 (black line):

Closed out a winner from the prior session, and then a new partial trigger with stop out on the EURUSD. We had calls in the EURUSD and GBPUSD, and the pairs went in opposite directions of our calls. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We were long from the prior session and moved stop under 1.3440 at A, then raised in the morning to B and stopped in the money. 2/3rds of the short under the Pivot triggered at C using our order staggering, and this stopped:

Stopped out of the second half of the prior day’s trade in the money, and then triggered short a new trade and stopped. See EURUSD below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then glance at the US Dollar Index, which is interesting to look at currently.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

The second half of the short from the prior session stopped in the money at A, just barely. The new short triggered at B and stopped:

Closed out the second half of the prior day’s short at the entry, and then had a new winner on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Closed the second half of the trade at the entry from the prior session at A, went up and stopped just before the long trigger (over R1), then rolled hard, triggered short at B and hit first target at C, currently holding with a stop over S2:

A winner on the EURUSD, still going, and that was it for the session. Amazing how the GBPUSD goes from over 200 pips Tuesday to just 45 on Wednesday. You can’t even see a Level line looking at the 24 hour chart on the GBPUSD.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target at B, and holding second half with a stop over the Pivot into the new session:

A nice session to start the week with a clean winner on the EURUSD that is still going. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target at B, lowered stop twice and holding with a stop over LBreak:

The GBPUSD traded average range, which was good, but the EURUSD traded only 40 pips of range for the session and didn’t trigger either of our calls.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Neither our short nor long triggered or came close in very narrow range:

What looked like a boring night with no triggers finally moved a bit but turned into nothing anyway, sweeping one piece of our short entry. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

One piece of out of three would have triggered at A if you follow our order staggering rules as it didn’t even get 3 pips beyond the S1 level. This is a good example of why we stagger trades, as a big news move like that still stalled right at the level, but you can’t expect it to stop to the pip:

A nice clean trigger and winner still going on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, holding second half currently with a stop under the R2 level:

A very narrow session, and we were half size for the CPI. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A and stopped eventually. At B, it went not even 2 pips over the entry level, so at most you might have triggered a leg of your trade from an order staggering perspective:

One stop out to start the week. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped:

A stop out on the new GBPUSD trade, but we closed out a 270 pip winner on the EURUSD from the prior session. This was our first week back to full size, and it looks like a good call so far.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then take a look at the daily charts with the Seeker and Comber separately heading into the new week, and then look at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We had adjusted the stop up on the existing call Thursday evening, then raised it under 1.3325 Friday morning, and I finally closed it at 1.3360 for end of week at A. You could also have held that one over, but I’m good with the close out for almost a 270 pip winner to the final exit:

A winner to close out the week. See the EURUSD section below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, gave you many opportunities for entry, including in the European session, and didn’t quite stop at B, hit first target at C. Adjusted stop over entry and stopped at D:

Got stopped out of an early trigger on the EURUSD, and then it triggered later and worked if you were up. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short early (half size) at A and stopped for 25 pips before the European session began. Should have re-entered the trade under our rules, but I didn’t post it to the Messenger, so we won’t count it. Triggered short at B and hit first target at C if you did:

Two stop outs and a winner so almost a wash to close out the week and almost the quarter and year (one more session of calls Sunday).

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then glance at the US Dollar Index.

The schedule will be the same this week as last. Levels and calls Sunday, although low expectations to close out the year unless the Fiscal Cliff is resolved. No Levels or calls Monday as most Forex brokers are closed from rollover to rollover Monday to Tuesday. New Levels and calls Tuesday, Wednesday, and Thursday to start the year.

As we do every year, there will be a lengthy end of year report posted recapping the markets for the year (stocks, futures, and forex).

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

We closed out a 40 pip winner on the EURUSD from the prior session, and the new trade triggered and ended up stopping just under the entry. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We came in long from the 1.3216 area from the prior session with a stop under that (which was the new Pivot). We ran up and hit the first target from that trade, and also triggered long at A the new trade over R1, then moved the stop under R1 on all of it in the morning and stopped at B:

Better ranges than I would have thought, and we had a stop out on the EURUSD and then it triggered again and was working as I post this. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped (note the 13 Comber sell signal right at the trigger). Triggered long at B, didn’t quite hit the first target of R2 just off the top of the screen. Still holding with a stop under the R1 entry:

A loser and a small winner to close out the week. See EURUSD below.

As usual with the Sunday reports, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (see EURUSD and GBPUSD in particular) and then discuss the US Dollar Index.

Last reminder: Levels and Calls Sunday (not expecting much), Tuesday, Wednesday, and Thursday. Nothing Monday as the Forex markets are closed.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short early at A just barely and stopped. Triggered short again at B and closed at end of chart for end of week:

Another winner in the EURUSD, see that section below.

Tonight is likely to be slow, as we have triple expiration Friday ahead, which includes currency futures. Less than half size.

Levels will go up every day next week, and we will have calls on Sunday, Tuesday, Wednesday, and Thursday, but with low expectations. Tuesday is a US bank holiday.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, moved stop under UPT and stopped at C:

Clean winner for the session in the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, second half stopped under the R1 entry in the morning:

A small winner late in the session after a flat overnight. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Finally triggered long at A, and I closed it at B 20 pips in the money because we were getting late in the session and I was heading out (usually not a reason, but good enough in this environment):

A stop out and then a bigger winner on the EURUSD. See that section below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (look at breakouts on the EURUSD and AUDUSD) with the Seeker and Comber separately, and then glance at the US Dollar Index (nothing to see there).

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped. Triggerd long at B, hit first target at C, and closed final piece at D for 50 pips and the end of the week:

Closed out two winners carried from the last two days at gains, and then got stopped out of a new short in the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Stopped out of the winners from the prior two sessions under the Pivot for 85 and 20 pip winners to final exit. New trade triggered short at A and stopped:

Another winning trade on the EURUSD, plus we’re now over 100 pips in the money on the trade from the prior session. It really feels like Forex is starting to improve, even if the ranges aren’t great yet. See EURUSD section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We came in long from the prior session with a stop under LBreak that never hit. Triggered long a new trade at A, hit first target at B, and still carrying both longs with a stop under R2:

Another winner in the EURUSD, this one still going. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

You have to love trades that exactly hit the trigger before they move through. We were looking to go long over R1, and we hit it first at A and B exactly, then triggered at C, hit first target at D, and moved the stop twice. We are currently holding with a stop under R2:

And back to limited ranges. The EURUSD triggered long but never hit the stop or first target. I finally closed it just a little in the money for the end of the session. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, closed at end of chart for end of session just barely in the money:

Closed out a 120 pip winner and had another winner for the session to end a decent week. See EURUSD below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts with both the Seeker and Comber heading into the new week (no specific counts to look at), and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We came in short the second half of the trade from the prior session from 1.3040 or so with a stop over 1.2980. Our new short triggered at A, hit first target at B, and we lowered the stop over S1 in the morning and stopped both trades, with the trade from the prior session 120 pips in the money:

A nice winner on the EURUSD which is still working to the downside. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target at B, still holding with a stop over the black line at 1.2980:

One stop out and that’s it on the EURUSD. See that section below.

GBPUSD in a 30 pip range now. Ouch.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A early, gave you until the European session to take it, then stopped for 25 pips at B. The short never triggered, although it came close:

Two more stops to close out a miserable week. See EURUSD below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber separately, and then look at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped. Triggered long at B and stopped:

Not much of a session again. A trigger on the EURUSD that took forever, and then we were able to move the stop to keep it tight after it took too long.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, started to work but took hours and never hit S2 first target. Adjusted the stop over LBreak for a much tighter stop and stopped at B:

Another dull session, although the EURUSD at least traded 100 pips of range, so the Levels spacing will be better there tonight. We had one very early trigger for less than half size, and that’s it. See EURUSD below. GBPUSD trade never triggered in a narrow range.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long early in the Asian session at A, so would be less than half size, and stopped:

Three winners for the week. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target exactly at B, second half stopped over entry. Note that we set the long trigger exactly at C (stopped right at UBreak):

Another winner despite narrow range and an early move that took us under the LBreak on the EURUSD before the Asian session. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, stop would have been under the black line so it never stopped, and you had plenty of times to enter. Hit first target at B, moved stop under the entry and stopped at C:

Ranges improved AND we got a perfect technical setup, trigger, and move in the EURUSD. One day doesn’t prove anything, but let’s hope it is the start of something. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Hit the trigger perfectly at A to set the level, triggered long at B, hit first target perfectly at C, and still holding the second half with a stop under R1:

Another day with nothing. See EURUSD below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (see GBPUSD), and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A and stopped. Triggered short again at B, hit the tri-star level exactly at C (but not the S2 first target), and I stopped over the entry at D:

A dead even trade on the EURUSD, but some interesting notes to comment about there. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Finally triggered long at A, didn’t quite make it to the first target of R2 (top of the image below), and I eventually closed at the entry at B for an even trade. Note that the high and low of the session are basically the Pressure Thresholds:

A stop out and a flat trade (see EURUSD), but at least for the second time this week, we saw signs of life with volume, and that is important. Hopefully it bodes well for the coming week.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (not much to see, but look at EURJPY), and then glance at the US Dollar Index (nothing to see there).

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

riggered long at A and stopped. Triggered short at B, didn’t quite make it to the first target, and stopped over the entry at C:

From a night with big range immediately back to a night of no range. In fact, it was so bad that nothing triggered.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

There we go. Signs of life. More than average range, enough to get us two triggers and two winners. Let’s hope that is representative of what is to come.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, second half stopped. Triggered short at C, hit first target at D, currently holding with a stop over S1:

A winner and a loser on the EURUSD for almost a wash again as the markets did nothing ahead of today’s election in the US.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped. Retriggered at B and closed at C for almost as much as we lost on the first:

A nothing night again. The trade triggered on the EURUSD, but 8 hours later it was holding at the entry and I closed it. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, did nothing for hours, closed at B, maybe a pip or two in the money but we just call that a wash:

A nice winner on the EURUSD to close out the week. See that section below.

As usual on the Sunday report, we’ll take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (check the GBPUSD), and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target at B, closed final piece for 70 pips at C for end of week:

It’s amazing how stable the Forex markets can be during huge natural disasters and international events. The EURUSD barely traded 60 pips again. We had one stop out. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at least part of the trade at A and the rest at B and stopped. Was close to triggering again at the end of the chart, but not the Comber 13 buy signal (lined up with S1 level):

Lost 10 pips on a new trade and closed out the second half of the prior day’s trade for a 50 pip gain. See EURUSD section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

We came into the day still long from around 1.2940. That didn’t stop overnight. The new long triggered at A, ran into a wall at the UPT exactly, and then I raised the stop in the morning for all of it and stopped at B:

A winner despite the light activity. See EURUSD below. We are still long the second half of the trade as well.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, holding the second half with a stop under R1:

Another day, another 80 pip range on the EURUSD that tried both directions. One stop out. See that section below.

I will be less than half size tonight ahead of the first look at GDP for Q3.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped:

Closed out the second half of the GBPUSD short from the prior session in the money in the afternoon yesterday. One new trigger on the EURUSD triggered short and stopped, see that section below. Boring session as expected, even after the Fed.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A and stopped:

Another non-event session. See the EURUSD section below for the trade recaps. However, note the EURJPY and GBPJPY Value Area moves below that I pointed out in the early calls Sunday.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped. Triggered short at B and stopped. Triggered long in the morning at C. This would have stopped under the black line D and never did, but I closed it for end of session:

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (nothing specific nearby on any of them), and then glance at the US Dollar Index (nothing to see there).

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A and stopped. Triggered short again at B and eventually closed in the money for end of week:

Wow, 50 pips of range on the EURUSD. No new triggers, but we closed out our EURUSD long from two days ago finally over 100 pips in the money. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Finally stopped out of the long trade from two nights ago at A for just over 100 pips:

An interesting session. The EURUSD, which we were long coming in, spiked up really early (before the Asian session). I did have a short entry I liked if it headed back down, but not much to the upside once it got extended, so instead of forcing a new call, I ended up just holding the piece we had and raising the stop. See that section below for how it went. Technically, I could have turned to the GBPUSD over the UBreak, and that would have worked too, but the GBPUSD has been very narrow lately. See that section below as well for a conversation.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

See that early move right after the Levels were posted? We never came back from that, and the rest of the session range was only about 45 pips, which wouldn’t have gone well for us on a new trade. Instead, we’re still long and about 150 pips in the money with a stop a few pips under the 1.3100 black line at A:

A clean winner in the EURUSD for the session. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, and holding with a stop under R2 on the second half:

One very early trigger on the EURUSD stopped, and other than that, the session was spent in a narrow range. See EURUSD section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A and stopped for 25 pips:

Our call from the prior session continued and eventually closed 50 pips in the money. A new call triggered and stopped out at an adjusted stop for 20 pips. See EURUSD section below.

As usual with the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber separately, and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Came in long from 1.2910 area, stop was under that level, never stopped, new call triggered at A over R1 (right on a Comber 13 sell signal), and in the morning, I moved the stop for all of it under 1.2960 which stopped at B:

A winner (still going) and a loser overnight on the EURUSD. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A and stopped. Triggered long at B, hit first target at C, and holding with a stop under the entry. Note the 13 Comber sell signal right at the high of the session:

Wow, 70 pips of range on the EURUSD again. Barely swept one of our triggers after a long overnight session doing nothing. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Early on, it looked like we might head down and trigger the short under S1, but that didn’t happen. After a slow, meandering session overnight, we swept the long trigger over the Pivot at A and stopped:

Closed out a nice winner and then two stop outs for the new session. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

The second half of our short from the prior session stopped at A and that also triggered out new long very early, which eventually stopped for 25 pips. Also, triggered short at B and stopped. This retriggered and worked, but too early for us:

A winner to start the week on a Holiday session. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD;

Triggered short at A under S1, hit S2 first target at B, holding second half with a stop over S1:

Closed out a nice winner from the prior session on the EURUSD and then had another winner to end the week. See that section below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (see GBPUSD in particular), and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat Sunday after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Unfortunately, the second half of our trade from the prior session stopped just barely at A under LBreak before the EURUSD turned back up. It then triggered our new long at B, hit first target at C, and closed the final piece under the entry at D:

A nice winner on the EURUSD overnight, and we still are carrying the second half of the trade. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, and holding the second half almost 100 pips in the money with a stop under 1.3000 at C:

A very early trigger on the EURUSD that stopped, and then a more normal trigger that worked and we are holding long. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short very early at A and stopped. Triggered long at B, note how it hit the new UPT at C and stopped there first, then first target at D, and we are holding the second half with a stop under UBreak:

Another sweep session as expected to almost wrap up September (Sunday’s calls will count for September) and what will probably be our one negative month of the year. See EURUSD below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber separately (nothing specific to note this week), and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped. Crossed the Value Area perfectly. Triggered short at B and stopped:

Surprise! Today, after months of testing and weeks of work, we rolled out our revised FX Levels service. This includes additional levels on the market, including the Pressure Thresholds that have worked so well in futures. We now have:

Break Levels
Value Area
Pressure Thresholds
4 Tri-Star Levels
Expanded Pivot Series (R4 through S4)

The existing eSignal tool will not work going forward. The newest version of the tool can be downloaded from the website by going to the About Us menu and eSignal tools when you are NOT logged in. The fastest thing to do is to close eSignal, uninstall the Tradesight Installer Suite from Control Panel, and then install the new one from the website. All of your studies should still work, except you’ll have to remove the FX Levels 1.3 from each chart and add the FX Levels 1.4 tool.

As you can see in the charts below, the Value Areas are now shaded, which is a very useful visual indicator as many people have commented about the Futures tool (which has had this since March). In addition, you can turn on/off each level if you don’t want some.

And finally, there is now backtesting built into the tool. If you right click on the chart and go into Edit Studies for the tool, you can put in a date in the first field and hit OK. The Levels will be redrawn on your chart for that date, so you can see how they lined up that day (or use Bar Replay mode to make it play out live). Any date prior to today’s will only show the starred levels, Breaks, and Value Areas.

We will be adding a segment to the Forex course soon regarding the Pressure Thresholds and their use.

Meanwhile, another day of no action and stop outs in the EURUSD. See that section below as we head into Friday and wind up Q3.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped overnight (note the use of the UPT). Triggered short at B and stopped:

Initially, I posted no calls for the session as all of the Levels were too bunched together from the poor ranges. I ended up putting up a EURUSD call after it set the S1 perfectly, and after 12 hours with it, it went nowhere. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Took the short under S1 at A after it hit the level just before that. Never hit stop or first target, finally closed at B a few pips in the money:

Another dull session. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A very early (so less than half size) and stopped at B. Triggered long at C, held up a long time, finally rolled and we closed it at D before it even hit the stop for end of session:

Stopped out of our trade and then it worked after overnight. See EURUSD below. Ranges were still bad.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short early at A, gave you another chance to enter at B, but then stopped at C right at the start of the European session, which was a bummer as it then proceeded down to our S2 target at D:

There’s an example of being right on track with a call and just barely getting stopped before it works great. But, there is a reason we use stops, so, it happens. See EURUSD section below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We came into the session short and in the money and that stopped over the UBreak. Then we triggered long at A, stopped by just a couple of pips at B on a little spike, right before the EURUSD turned up and ran exactly to our first target R1 at C:

A winner in the EURUSD on the short side for us, see that section below. Ranges continue to be small.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target at B, currently holding the second half of the trade with a stop over the black line:

Another boring session that went nowhere, even if ranges were a little better. I’ll continue to stick with half size.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped. Triggered short at B and stopped. Triggered long at C and closed for end of session:

Always no range to speak of, especially during the European session. A few triggers on the EURUSD, and neither worked.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Part of the trade triggered long early at A and eventually stopped. Short triggered at B and stopped. In the morning, we finally made a stab at a move, triggering long at C and stopping:

A nice winner (125 pips to final exit) in the EURUSD to close out the week. See that section below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday (remember the EURUSD 1.2824 breakout posted last weekend?), then look at the daily charts heading into the new week, and then glance at the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, and closed the final piece at C for 125 pips after updating the stop a few times:

Flat overnight as expected ahead of the Fed announcement, and then some crazy spikes on the announcement before the market settled on moving against the US Dollar. The announcement was after we cancel trades for a session.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, finally stopped at B:

One trade just barely stopped, see the EURUSD below. The move was really after Trade Balance. We remain half size all week as we have two days of Fed meeting and then the CPI ahead.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and stopped at B just barely. Triggered long again at C and this would have worked great, but for our rules of counting, it was a little early (by about 15 minutes):

A great two days for Forex trading, a great 2 days for the stock market as volume finally came back, but a poor day for the US Dollar itself.

We carried forward the second half of the trade from the prior day, which never stopped and continued with the new trade. The trade from the prior session closed out 190 pips in the money, and the trade from today worked nicely for about 150 pips. See EURUSD section below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then discuss the US Dollar Index.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

We came into the session still long the second half of the prior day’s trade with a stop under LBreak, which never hit overnight. New trade call triggered long at A, hit first target at B, adjusted stop in the morning, and closed out both trades at C for end of week (+150 pips and +190 pips, respectively, to final exits):

Strange night with two winners and a loser. See the EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A and gave you hours to enter. Hit first target at B, second half stopped. Triggered short at C and stopped. Triggered long at D, hit first target at E, holding second half with a stop under UBreak:

Another half-sized night without anything special. See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A and stopped for 25 pips. Triggered long at B, stopped a piece of the trade at C, retriggered the rest and eventually closed at D for 12 pips:

A non-event to start the month. See EURUSD below. We remain half size until we start to see ranges expand, and even with that, only part of the trade triggered.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

After a night spent mostly between our two triggers, the EURUSD swept the S2 level at 1.2559. Our staggered entries would be 1.2557, 1.2556, and 1.2555, the last of which never hit on the charts, so only 2/3rds of the trade (which was only half size anyway) triggered. It never stopped either, and I eventually closed at the end of the chart:

Another dull session. See EURUSD for trigger results below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

You know you have the right triggers when the market basically addresses both of them overnight. At A on the chart, we went 2 pips under the trigger line, which would have been your first of three entries using our order staggering method, and that was it. That stopped (so a third of half size). Meanwhile, in the morning we triggered short at B, never hit the target or stop, and I closed at C as the 13 Seeker buy signal was forming:

A tiny winner on the EURUSD as ranges at least expanded out. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

After a move down that didn’t reach our short trigger, finally triggered long at A, but didn’t hit stop or first target and I finally closed for a 10 pip gain at B:

A winning trade to close out a light week. See EURUSD below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (no patterns, but see GBPUSD), and then look at the US Dollar Index.

Next week should be light as we wrap up August and head into Labor Day weekend. I will be half size all week.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, hit first target at B, lowered stop over entry and stopped at C somewhere on a news spike:

Stopped out of the prior day’s trade in the money on the EURUSD, and then we had two partial sweeps of our entries, which I don’t know if I’ve ever seen before, but it let’s you know that you had the right entries. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Stopped out of the second half of the prior day’s long under LBreak at A for 80 pips. Under our order staggering rules, triggered short for part but not all of the trade at B and stopped, and the same thing happened on the long side, triggered long and the same thing happened on the long side, triggered at C for part but not all and stopped:

Nice winner on the EURUSD for the session after a no-trade day the prior session. Still holding part of the long. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, hit first target at B, adjusted stop twice in the morning and still holding with a stop under the tri-star at C up 100 pips:

One early half-sized trigger stopped and then we triggered EURUSD overnight and it worked great. See that section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long very early at A (half size if you were around to grab it) and stopped for 25 pips. Triggered long at B overnight, hit first target at C, and holding now with a stop under the black line at D:

Another slow session (GBPUSD 40 pips!), and we had to put the calls on the EURUSD beyond S2 on the short side because the Levels were so tightly bunched from the night before. See that section below. We were also half size ahead of CPI, which did nothing.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A, didn’t stop or hit first target, closed at B:

A winner and a loser on the EURUSD for the session. Ended up at the same price level again, and the GBPUSD barely traded 40 pips overnight (yikes!).

See EURUSD below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered long at A, gave you until B to take it, hit first target at C exactly, raised stop in the morning and stopped after D (actually the second move under UBreak there). Triggered short at E and stopped:

Another slow session as the ranges were poor. One trigger and stop out on the EURUSD, see that section below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts coming into the new week (see NZDUSD for the only one that matters), and then glance at the US Dollar Index (not much to see here currently).

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

Triggered short at A and stopped for 25 pips:

No range and a single stop out to start the week. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short at A and stopped for 25 pips:

A nice way to end the week with a huge winner in the EURUSD. See that section below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts coming into the new week with the Seeker and Comber separately (subscribers only), and then glance at the US Dollar Index.

Here’s the Index intraday with our market directional lines:

EURUSD:

Triggered long at A, hit first target at B, and kept going nicely. I closed the final piece at C for 190 pips for end of the week:

A strange session with the rate announcements out of Europe. We had a winner in the EURUSD, but it went much further and came back. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight, but half size ahead of NFP in the morning.

EURUSD:

Triggered long at A, hit first target at B, spiked to R2 and more after the announcement, then came all the way back and closed out under entry at C in the morning:

As expected, a dead session ahead of the Fed. This is the one session where we trade later in the morning after the announcement if the trades haven’t triggered. We stopped out in the money on the prior day’s EURUSD trade. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

Back to normal size tonight for a session (before NFP Friday), but we have rate announcements out of UK and ECB, so it is questionable what we will get.

New calls and Chat this evening a little later.

EURUSD:

Stopped out of the second half of the prior day’s trade at D under Pivot for a gain. No triggers and flat action overnight, then we triggered short at A a bit after the Fed, closed half at B for 25 pips, and have a stop over the entry at C on the rest:

A non-event session as the EURUSD short triggered and didn’t even get to the first target or the stop. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight, but we start a 2-day Fed meeting on Tuesday.

EURUSD:

Triggered short under S1 at A and didn’t do anything. Finally gave up and closed it at the end of the chart:

We had a winner in the EURUSD, and stopped out of the second half of the trade well in the money. All flat again. We’re getting closer to that key look at Q2 GDP on Friday, which the market is going to care about a lot.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered long at A, hit first target at B, and stopped second half under R1 at C:

The market gapped and I didn’t like the setups that I was seeing, particularly back for weakness in the USD. Fortunately, that wasn’t the direction that we headed anyway. I put in a short idea which triggered and stopped, see EURUSD below with some notes.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight. Back to normal after the gap hopefully.

EURUSD:

Set the S1 level exactly at A, triggered short at B, stopped at C. Note that the high of the session was the Seeker 13 sell signal at D:

One final winner to close out the week. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts with the Seeker and Comber separately heading into the new week (see AUSDUSD in particular), and then glance at the US Dollar Index.

Calls resume Sunday evening, and I will be back in Phoenix.

EURUSD:

Triggered short at A, hit first target at B, closed final piece at C for end of week and almost 70 pips:

EURUSD:

Triggered long over R1 at A and stopped. One piece of the short triggered at V and stopped, but the rest triggered at C, hit first target at D, and stop was moved over entry and stopped at E:

An early half-size trigger that stopped and a normal session trigger that hit the first target, both on the EURUSD. See that section below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long very early (half size) at A and stopped. Triggered short at B, hit first target at C, final piece stopped over the entry at D. Remember that when the distance between the first target and entry level is greater than 50 pips, we’re only looking to stagger our exits in the 45-50 pip range per the course:

A loser and a winner (not quite a wash) on the EURUSD. See that section below. Trade Balance tomorrow morning, so half-size tonight ahead of that.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat this evening.

EURUSD:

tell me how to import data and install.  I will probably need new templates

Partial entry stopped on EURUSD to start the week in a session where the range was only 60 pips on the EURUSD. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

The EURUSD didn’t even go 2 pips past the VAL entry level at A and B, so only a piece or two of your trade should have triggered if you follow proper order staggering rules from our system. It did triggered long completely at C and closed at D at even:

Wrapped up what we knew would be a bad week coming in with a half-sized trade in the EURUSD ahead of NFP data. See that section below. Should be back to normal next week and I will be normal size in my trading again.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (nothing to see), and then glance at the US Dollar Index.

Here’s the US Dollar Index intraday with our market directional lines:

New Levels and Calls Sunday afternoon.

EURUSD:

The Break levels were only 22 pips apart, but the EURUSD sat between them for most of the European session, although it did barely trigger the short at A, which stopped at B. Trade ended up working nice later:

Pretty much as expected. No range, so we stay half sized, two stop outs on EURUSD:

Levels will be posted tonight, but no calls for US Holiday. Calls resume tomorrow.

EURUSD:

Triggered long at A, stopped at B. Triggered short at C, stopped at D:

And this is why we go half-size for a week with a strange Holiday layout like this one. The market ignored virtually all technicals for the session. See EURUSD below for the trade that triggered.

Here’s a look at the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short at A, gave you all the way to B to enter, stopped at C:

A nice 200-pip winner in the EURUSD to close out the week, month, and quarter. See that section below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts with the Seeker and Comber separately heading into the new week (everything is mid-range with no Seeker/Comber setups or breakout points), and then look at the US Dollar Index.

Here’s the Index intraday with our market directional lines:

I WILL BE HALF SIZE ALL WEEK due to the Holidays. We have Levels all five days but no calls Tuesday night ahead of the Holiday Wednesday.

EURUSD:

Triggered long at A, hit first target at B, closed final piece at C for 200 pips:

A small winner in the EURUSD (hit first target and second half stopped at original stop overnight). See that section below. Market was dead flat after that, so nothing else to do.

New calls and Chat tonight as we close out Q2 and head into the Holiday week. I WILL BE TRADING HALF SIZE FOR THE FOUR TRADING DAYS NEXT WEEK.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short at A, hit first target at B, and basically stopped the second half at C (in theory, if you staggered your orders enough, it might not have, but we’ll call it stopped):

A clean winner for the session in the EURUSD on the short size, and we’re still holding the second half of that play as I write this. See that section below.

Here’s the US Dollar Index intraday with our market directional tools:

New calls and Chat tonight.

EURUSD:

Triggered short under LBreak at A, hit first target exactly at B, stop is currently over LBreak:

Not a great session once again, just choppy back and forth action in a narrow range. See EURUSD for trade call summaries.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight as we head toward the end of the quarter and next week’s messy Holiday schedule.

EURUSD:

Triggered long at A, gave you hours to enter, stopped overnight at B. Triggered short at C, stopped at D. Triggered short at E and stopped again. First time in a while with multiple stop outs in a session:

A winner to start the week on the EURUSD, see that section below. We’re currently still short, although the stop is near and could stop us out before new calls are made later today.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short at A, hit first target at B, currently holding with stop over 1.2510 (black line):

One clean full size trigger and a nice winner out of it in the EURUSD. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD;

Triggered short at A, hit first target at B, still holding second half with a stop over S2:

Third day with no trades as the EURUSD amazingly (despite the looming vote in Greece) sat still. Definitely flat for the vote.

Here’s a look at the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts with the Seeker and Comber separately heading into the new week, and then look at the US Dollar Index. There’s nothing in the daily charts new to see, so I have no comments in that section this weekend.

New calls Sunday, but expect a gap, so we might hold off the calls until later than usual.

EURUSD:

Neither trade call triggered.

A new record: Two days in a row without one of our trades triggering, although yesterday was because the EURUSD and GBPUSD went in separate directions. Today was about narrow ranges. You do, however, know that you have the right triggers when they are basically the high and low of the session. See EURUSD below, which is just as important as any day that we have trades trigger.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight, but triple expiration tends to slow all markets.

EURUSD:

We were looking to go long over R1 or short under LBreak. Looks like we had the right points as the market stuck exactly between them:

No new triggers as we had a EURUSD short idea and a GBPUSD long idea and both pairs went the other way. We did stop out of the second half of our existing EURUSD short in the money. See that section below.

CPI tomorrow means half size and low expectations.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Stopped out of the second half of the short from two days ago at A over UBreak for about 45 pips:

One loser but we continue to carry the EURUSD short from the prior session in the money. See EURUSD section below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

We came into the session still short half of the trade from the prior day and moved our stop over the new Pivot. New trade separately triggered long at A, gave you all the way until B to enter without stopping, didn’t stop at C because it didn’t go 20 pips plus spread under the entry line, and just missed the first target at D (Pivot was first target) and finally stopped at E, but this still leaves us short the other trade. First time we’ve had to net/hedge in a while:

We got a huge gap in the Forex pairs for the start of the week, which created a unique setup for trades. However, the gap ended up filling and we had a nice winner on the EURUSD in the process. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short at A, hit first target at B, currently carrying the second half short with a stop in the money at C, which is above the last static trendline:

Finally ended up with a stop out for the week after a nice run. See EURUSD below.

New calls and Chat tonight, but half size ahead of Trade Balance in the morning.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A and stopped at B, unfortunately, as it did ultimately make the move to R1 exactly:

Another winner (and you really should have done it twice), see EURUSD below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional tools:

EURUSD:

Triggered long at A, hit first target at B, raised stop under entry and stopped at C in the morning, and then technically retriggered at a time that you should have retaken under our rules at D, hit first target at E. I was helping some people out with a tech issue on our end, so I missed it and didn’t update it:

Two more winners to start the month and we closed out the second half of the long from the prior month in the money. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

New long triggered at A early (half size), hit first target at B, raised stop under the UBreak entry on that AND on the second half of the long from the prior day and stopped out at C, which was 50 pips in the money for the prior day’s trade. Triggered short at D, hit first target at E, and stopped the second half over the entry at F:

A very flat session overnight (UK was on Holiday), but we got a clean winner in the US session on the EURUSD. See that section below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A, hit first target at B, stop moved under UBreak:

Another light session that tried both ways and failed on light ranges. See EURUSD below.

New calls and Chat tonight, but we will be half size ahead of the NFP data.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A and stopped. Triggered short at B and stopped:

An unfortunate session as we were stopped out just barely on a EURUSD trade that ended up working great after. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short at A and then stopped just barely on the spike at B before heading down to where we would have wanted:

Not much action early despite coming back from a long weekend, but then things started moving in the US session. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat this evening.

EURUSD:

Triggered short at A and stopped. Triggered long at B and stopped. Triggered short in the morning again at C, hit first target at D, then hit S2 and currently holding the second half with a stop over S1:

One loser to close the week as the big players were already out the door. There wasn’t even an end of week bank closeout Friday morning ahead of the long weekend. Just dead flat. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then discuss the US Dollar Index. There are some things to discuss on the daily charts, so have a look.

EURUSD:

Triggered long at A and stopped on narrow range:

Analysis for the week ahead is for subscribers only.

A very flat session with the EURUSD and GBPUSD dropping to about 60 pips of range again. Here’s the US Dollar Index intraday with our market directional lines:

We also closed out the EURUSD short from the prior session for about 160 pips.

New calls and Chat tonight. Hard to say how tomorrow goes leading into a long weekend.

EURUSD:

Triggered short at A and stopped. Stopped out of the final piece of the trade from the prior session at B for 160 pip gain, and also triggered our new long there, which stopped. Triggered part of the trade, but not all under our order staggering rules, at C and stopped:

Had a winning trade in EURUSD for the session, see that section below. Still holding the second half of the short.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short at A, never stopped, gave later chances to take the same entry, hit first target at B, currently holding second half short with a stop over VAL at C:

Two half size losing trades to start the week as the market went nowhere. See EURUSD below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long very early (half size) at A and stopped. Triggered only part of the trade short at B under our order staggering rules and stopped:

Loser and a winner to close out the week in the EURUSD. See that section below. New calls and Chat Sunday for the new week.

As usual on the Sunday report, we will look at the action on Thursday night/Friday, then look at the daily charts with the Seeker and Comber separately (some Comber 13 signals getting close), and then look at the US Dollar Index.

Here’s the index intraday with our market directional lines:

EURUSD:

Triggered short at A and stopped. Triggered long at B, hit first target at C, should have closed out at D for end of week:

50 pips of range on the EURUSD. Ouch. See that section below.

We close out another fairly dull week with a couple of winners and a couple of losers for the week. Very unexciting at the moment, as the action continues to be in stocks and futures.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts with the Seeker and Comber separately on them (nothing new to see), and then discuss the US Dollar Index.

Here’s the index intraday with our market directional lines:

EURUSD:

Triggered short at A, gave you another chance to enter at B without stopping, then stopped at C. 50 pips of range, ouch:

Closed out the short from the prior day on the EURUSD in the money. Lost on the GBPUSD short and closed out the second one just under the entry. See those sections below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Second half of the short from the prior session stopped at A over the new Pivot:

GBPUSD:

Triggered short at A and stopped. Triggered long at B, eventually gave up and closed at C:

Early triggered stopped and then triggered during the European session and worked on the EURUSD. See the recap below. Slow session other than that.

New calls and Chat tonight as we start to get some economic data the next two days.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short early (half-size) at A and stopped at B. Triggered short again at C, hit first target at D, and holding second half with a stop over S1:

Our EURUSD long from the prior session stopped in the money, and then we had a new winner short on the EURUSD. See that section below.

Here’s the US Dollar Index intraday with our market directional tools:

New calls and Chat tonight.

EURUSD:

Second half of the long from the prior day stopped at A. New trade triggered short at B, hit first target at C, lowered stop and stopped at D:

We had a gap to open the week that jumped us beyond most of our key levels, and the session was spent heading back in the other direction (EURUSD still hasn’t quite filled). See EURUSD section below for recap.

Here’s the US Dollar Index intraday with our market direction lines:

New calls and Chat tonight.

EURUSD:

Under our order staggering rules, at least a piece of the trade triggered at A, and part of that might have stopped at B depending on how you place your stops (has to go under by the spread plus stagger, this didn’t even go three under). The rest triggered long at C, eventually hit the S1 first target at D, and we moved stop under S1, so at E, and holding:

Loser and a winner to close out the week on the EURUSD. See that section below.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber counts separately for each pair (nothing new to see and the GBPUSD Comber count didn’t get any further this week than last), and then look at the US Dollar Index.

I will also be posting the April net pip results from our calls this weekend. Check the Blog or Messenger.

We are probably less than two weeks away from our new Twitter integration, which we are very excited about, and then two months away from being able to listen to the Trading Lab from the road on your phone or tablet.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat Sunday afternoon.

EURUSD:

Triggered short at A (half size ahead of NFP) and stopped at B. Triggered short again at C (normal size with NPF behind) and hit first target at D and closed final piece at E for end of week and 55 pips:

The rest of the pairs and the market analysis piece are available for subscribers only.

Here’s an example of why you don’t trade right at the moment of key interest rates announcements of the various banks. See EURUSD below.

New calls and Chat tonight, but tomorrow is NFP, so half size.

Here’s the US Dollar Index intraday with market directional lines:

EURUSD:

Triggered short at A on a spike right on the ECB rate announcement and stopped. Triggered long at B and stopped:

There we go. Some movement and an easy winner in the EURUSD. See that section below.

New calls and Chat tonight as we head into the last couple of days of the week and the NFP data on Friday.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short early at A, never stopped but gave you all the way to B and the European session to take or go full size, hit first target at C, lowered stop over S2 in the morning and stopped at D:

Another dull session until the ISM data here in the US that caused a spike for 30 minutes. Strangely, the EURUSD and GBPUSD went in separate directions, both away from our triggers initially, although the news managed to hit the EURUSD short. See that section below.

New calls and Chat this evening.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short after a big move down on news at A, went exactly 20 pips against at B, closed at C for end of day again since nothing had happened:

Winner and a tiny loser to close out the week, and we were trading half size for the GDP first look. See EURUSD below for the trade review.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we’ll look at the action from Thursday night/Friday, then look at the daily charts for each pair with our Seeker and Comber tools separately, and then look at the US Dollar Index (nothing new there).

New calls Sunday afternoon.

EURUSD:

Triggered short at A, hit first target at B, moved stop over entry and stopped overnight. Triggered long at C, closed at D for end of week and a 5 pip loss:

New trade in EURUSD stopped out (half size ahead of Fed), and then we stopped the second half of the prior day’s trade in the money. See that section below.

Pretty flat session before and after the Fed.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A (half size for session ahead of Fed) and stopped. Raised stop in the morning on the long from the prior session and stopped in the money at B:

A decent winner on the EURUSD, and we’re holding the second half still. See that section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls tonight, and Chat, but half size ahead of Fed announcement tomorrow.

EURUSD:

Triggered long at A, hit first target eventually at B without coming close to stopping, and currently have a stop under tri-star green line at C:

Closed out a 90 pip winner from the prior session and stopped out of a new trade. See EURUSD section below.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat this evening.

EURUSD:

We had a short entry under the Pivot, and look how the EURUSD exactly hit and bounced off of it at A without triggering. We then triggered long at B, never went far enough to hit the first target, and I raised the stop on the trade from the prior day in the morning to match the new trade, which all stopped at C for 90 pips gain on the prior day’s trade and a usual loss on the new one. If you took the trade again later, it ended up doing nothing:

Two winners to start the week (one went early, so half size, the other we still have half on). See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat this evening.

EURUSD:

Triggered short early (half size) at A, hit first target at B, stopped in the money second half at C. C was also a long entry for an additional call, hit first target at D, still holding second half long with stop under LBreak:

We closed the week out with a 90 pip winner on the EURUSD. See that section below. Here’s the US Dollar Index intraday with our market directional:

As usual on the Sunday report, we’ll take a look at the action from Thursday night/Friday, then look at the daily charts with both the Seeker and Comber separately, and then glance at the US Dollar Index, which is doing nothing.

Even though we don’t have any Seeker or Comber signals pending, it is interesting to look at something like the USDJPY now, which gave solid sell signals a couple of weeks ago, and see how it played out.

EURUSD:

Triggered short at A, hit first target at B, closed final piece at C for 90 pips for end of week:

The rest of the report and the analysis for next week is for subscribers only.

A winner, but not anything special, and then it went further after the normal time for trading and movement is done. Strange environment.

Here’s the US Dollar Index intraday with our market directional lines:

Half size again tonight ahead of the CPI in the morning, so nothing special to expect.

EURUSD:

Triggered long at A, did not stop, closed at B when it was stuck to the tri-star level, but eventually made a move to the first target at C after that:

A winner on the EURUSD and that’s about it as ranges remained narrow. See EURUSD below.

New calls and Chat tonight but Trade Balance tomorrow morning and CPI Friday morning are two of our big three each month, so half size, which makes sense anyway in this environment.

Here’s the US Dollar Index intraday with market directional lines:

EURUSD:

Triggered long at A, hit first target at B, raised stop twice and stopped at C in the morning:

A partial stop out and a nice winner to wrap the short week. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

We will post Levels tonight for those that wish to trade, but there will be no calls due to the US Holiday on Friday. NFP comes out in the morning, so be careful.

EURUSD:

Part of a trade triggered long at A and stopped. Then the full trade triggered short at B, hit first target at C, lowered stop in the morning and closed final piece at D for 50 pips:

Another boring session until way too late to matter. There was news around 2 pm EST, and the pairs spiked hard in favor of the USD.

See EURUSD section below.

Here’s the US Dollar Index intraday with market directional lines:

EURUSD:

Triggered long early (half size) at A, eventually stopped at B. Triggered short at C, stopped at D. Then came the big move at an odd time of day on the FOMC notes:

Essentially no triggers overnight as the GBPUSD never went down to the trigger and the EURUSD never broke through the long trigger, although depending on how you staggered your orders, one piece of the EURUSD entry might have triggered, see below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

It’s possible that one leg of your long idea triggered at A under our order staggering rules, but it only went one pip beyond the number:

Totally flat session to end the quarter, which isn’t a surprise. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we’ll take a look at the action from Thursday night/Friday, then look at the daily charts with the Seeker and Comber counts separately (nothing new to see, but watch the continuation of last weekend’s conversation about USDJPY action), and then look at the US Dollar Index.

EURUSD:

Triggered long at A, finally stopped at B, very flat:

The EURUSD and GBPUSD went opposite directions overnight, missing our triggers, and then the EURUSD finally triggered in the morning. See that section below.

Here’s the US Dollar Index intraday with our market directional tools:

New calls and Chat this evening.

EURUSD:

Finally triggered short at A and stopped:

A very dull session and one stop out on the EURUSD. See that section below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with market directional lines:

EURUSD:

Triggered long at A and stopped. Dead night:

Two winners to start the week in the EURUSD, see below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short at A, hit first target at B (never went 20 pips plus against the LBreak), second half stopped overnight. Triggered long at D, used R1 as support after that, closed the whole thing for 30 pips gain as it never hit first target or stopped:

A winner to close out the week in the EURUSD for a full 45 pips. See that section below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (a few things to see on EURUSD and USDJPY) and then glance at the US Dollar Index.

Speaking of, here’s the Dollar Index intraday Thursday/Friday with our market directional lines:

EURUSD:

Triggered long at A, hit first target at B, closed final piece at C:

At least that trade washes two stop outs from this slow week. Still no continuation though.

Loser and a winner (still going) for the session in the EURUSD. Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat this evening. Ranges continue to be narrow.

EURUSD:

Triggered long at A and stopped. Triggered short at B, hit first target at C, stop currently over red LBreak level on second half:

Closed out the second half of a nice winner from the prior session in the GBPUSD, but stopped out on a new trade in the EURUSD. See both sections below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered short at A, might have stopped a piece of your trade at B depending on how you staggered your stops based on our system (was exactly 21 pips over entry level), did not reach first target but went 40 pips, stopped at C in morning. Meanwhile the second half of the long from the prior session had stopped at D for a 50 pip gain:

Totally flat European session, but our EURUSD trade finally triggered in the US session and worked great on the long side (still holding half). See that section below.

New calls and Chat tonight.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Triggered long at A, hit first target at B, holding second half with a stop under R1:

A loser and a nice winner to close out the week on a positive note. Amazing how that happens when you actually get range, most of which came after the CPI data, no surprise.

As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with our Seeker and Comber counts separately, and then glance at the US Dollar Index, which really has nothing new to say.

Calls resume Sunday.

Here’s the US Dollar Index intraday with our market directional levels:

EURUSD:

Triggered short at A and stopped. Triggered long at B, NEVER WENT 20 PIPS AGAINST THE TRIGGER LEVEL, hit first target at C, and closed final piece for end of week at D:

The rest of the weekend analysis is available for subscribers only.

Ended up with both of our calls working on the EURUSD, which was nice to have them just close at the target ahead of the Fed instead of holding a piece. See that section below.

The US Dollar got a little stronger after the Fed, but not much.

New calls and Chat tonight.

Here’s a look at the US Dollar Index intraday with market directional lines:

EURUSD:

Triggered long at A and hit target (no partials, we were just selling the whole thing today) at B. Triggered short at C (didn’t break the level by enough an hour earlier to enter) and closed whole thing at target at D:

Since not all countries do the time change the same weekend anymore, we have seen an impact on trading the last couple of years when certain countries change their time zone over the weekend but others do not. Since Forex is the offset of two currencies and requires that both sides participates, the technicals of a pair can be thrown off by one country shifting their clocks by an hour when another does not. This then leads to a dull session for a day until the technical realign. We say that in this session, which was probably made worse by the fact that we have a Fed announcement tomorrow. So we ended up with about 60 pips of range in the EURUSD, 20 of that late in the session. See EURUSD section below for the recap.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight, but half size ahead of the Fed tomorrow.

EURUSD:

Triggered short at A and stopped at B. Triggered long at C and stopped at D, put them both back in in the morning. Triggered long at E and closed at F for 20 pip gain as it hadn’t reached first target and the session was ending (and dull):

Closed out the week with another nice winner, see EURUSD section below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we’ll look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (nothing new to focus on, but look at how the 13 sell signals on EURUSD and GBPUSD from last week nailed the turning points), and then glance at the US Dollar Index.

New calls and Chat Sunday.

EURUSD:

Triggered short at A, hit first target at B, lowered stop twice and then closed at C for end of week for 120 pip gain:

Subscribers have access to the preview of the week ahead.

A nothing session to start the week. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short at A and stopped. At least some pieces of the trade triggered long at B depending on how you followed our order staggering rules. This didn’t go anywhere and never broke under the UBreak to get stopped, so I closed it at C for the end of the session:

A nice ending to the week with a solid winner in the EURUSD and no stop outs. See EURUSD section below.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week for all of the pairs with the Seeker and Comber separately (lots to discuss there), and then look at the US Dollar Index.

EURUSD:

Triggered short at A, hit first target at B, closed late in the day for end of week and +75 pips:

Here’s a sample of our analysis on the daily charts of the pairs, this one for EURUSD:

Note the Comber 13 sell signal three days ago at A, which creates the pink risk line. Also note that this occurred at the green static trendline, which is the high of the last 9 bar downward setup at A. That’s pretty much as technical as it gets. The green line is dashed, by the way, because we did get a day where the EURUSD closed a couple of pips over it, which doesn’t matter for the sell signal:

Rest of the pairs available for subscribers only.

Boring session, one loser in EURUSD, and I didn’t put it back in in the morning (not that it triggered anyway).

Here’s the US Dollar Index intraday with market directional lines:

EURUSD:

Triggered short at A, stopped at B:

Clean winner (although with no follow through) to start the week. See EURUSD section below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat this evening. No major news this week to slow us down.

EURUSD:

Triggered short at A, hit first target at B, lowered stop over entry and stopped at C:

A nice winner to close out an otherwise useless week of narrow-ranged Forex trading. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with both the Seeker and Comber for each pair (several signals about to hit of note), and then glance at the US Dollar Index.

EURUSD:
Triggered long at A, hit first target at B, closed final piece at C for end of week:

An incredibly slow session except on the GBPUSD, but our calls were in the EURUSD. See below.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short extremely early if you were ready (half size) at A and stopped. Triggered long in European session at B and stopped. Put back in in the morning, triggered long at C, closed just over the entry at D due to time of day that the trade triggered:

A news driven session as Europe announced the bailout of Greece Monday afternoon. This caused a spike on most pairs, and that move ended up being the range for the day in most. See EURUSD for trade recap.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered long early (half size) at A, hit first target at B, second half stopped. Triggered long again in the morning at C, closed out at the end of the chart for just over a 10 pip loss as it never hit first target or stop loss:

Another winner to close out the week. See EURUSD below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber counts separately, and then look at the US Dollar Index.

Here’s the US Dollar Index intraday with our market directional lines:

Monday is a US Bank Holiday. Calls resume Monday afternoon/evening.

EURUSD:

Triggered long at A, hit first target at B, raised stop in the morning and stopped at C:

The rest of the report, including the forward look into next week’s action, is for subscribers only.

Closed out two winners and a flat trade in EURUSD, ending a week that closed better than it started. New calls tonight and Chat, but we have CPI in the morning, one of our big three each month, so half size, and also it is options expiration, which can be slow for all markets.

Here’s the US Dollar Index intraday with our market directional lines:

EURUSD:

Came in short from 1.3120 from the prior session (second half of that trade). New trade triggered short at A, hit first target perfectly at B, lowered stop in the morning and stopped at C for a winner there, plus closing out the prior day’s trade for almost 100 pips. Long triggered at D, but I closed it flat, too late in the session:

A better session than the last, but still no consistent movement in the pairs, and not a ton of range. See EURUSD for trade call reviews.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short at A and stopped. Triggered long at B, hit first target exactly at C, second half stopped. Put both trades back in in the morning per the Messenger, triggered short at D and hit first target at E. Still holding second half with a stop over S2:

Not much of a session to start the week. We got a move very early and had to make the calls a little different than usual as we were above UBreak on EURUSD and GBPUSD from the start almost. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered long at A and stopped. Triggered short at B, didn’t do anything, closed at C right at entry price for no net:

A nice winner (80 pips to the final exit) to close out the week. See EURUSD section below.

As usual on the Sunday report, we will look at the action from Thursday night/Friday for all pairs, then look at the daily charts with the Seeker and Comber counts separately for all ten pairs (no 13 buy or sells on any symbol this week), and then glance at the US Dollar Index.

Here’s the Index intraday with our market directional lines from the session:

Calls resume Sunday for a full week, but the following Monday is a Holiday.

EURUSD:

Triggered short at A early but gave you all the way to B to grab it, never stopped either way, hit first target at C, lowered stop in the morning and then closed final piece at D for end of week:

Early trigger that most probably didn’t take due to the Super Bowl, but a clean trigger in the morning that worked and still going. See EURUSD below.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered short early (but with a gap) at A and gave you a couple of hours to enter if you weren’t watching the game. Hit first target at B, lowered stop in the morning and stopped at C, but that was also a new call for a long that triggered at C, hit first target at D (note the perfect use of Pivot), currently holding with stop under 1.3100:

Half size night ahead of the NFP data, and a slow session. We did spike on the news, which is why we usually like avoiding it. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional tool:

As usual on the Sunday report, we’ll take a look at the action from Thursday night/Friday (see EURUSD), then look at the daily charts heading into the new week with the Seeker and Comber signals separately, and then look at the US Dollar Index.

Calls resume Sunday afternoon.

EURUSD:

Triggered short at A and stopped. Triggered long at B and stopped. Could have put the short back in if you were awake, but it is outside of our timeframe for counting it:

Rest of the report is available for subscribers only.

A really dull session overnight, and we barely triggered a trade heading into the US session. Here’s the US Dollar Index intraday with our market directional lines:

See EURUSD section below for the recap. New calls and Chat tonight but we have NFP in the morning so I’ll be half size and low on expectations.

EUURSD:

Set the trigger perfectly at A (ah the power of the Breaks), triggered short at B, and stopped at C:

One new stop out, then we closed the second half of the prior day’s trade in the money, and then a new trade that worked. See EURUSD below for all of it. Nice week, and this is the end of month.

US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

EURUSD:

Came in still short and in the money on the EURUSD, second half of the trade from the prior session, with a stop over the new UBreak red line. New trade triggered short early at A, but gave you until B to take normal size without stopping, then stopped at C. Second half of prior day’s trade stopped in the money after that. Triggered long at D, hit first target at E, and holding 70 pips in the money with a raised stop as I write this:

Two more winners, with one still going as I write this. See EURUSD below.

Here’s the US Dollar Index intraday with market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered long at A, hit first target (exactly 50 pips) at B, raised stop in the morning and stopped at C. Triggered short at D, hit first target at E, currently holding second half short with a stop over VAL:

Nice winner to start the week, see EURUSD below.

New calls and Chat tonight as we head into the last trading day of January.

Here’s the US Dollar Index intraday with market directional lines:

EURUSD:

Triggered short at A, hit first target cleanly at B, lowered stop over S1 in the morning and stopped at C:

A half-sized overnight session with a trigger on the EURUSD and then full-sized triggers on EURUSD and GBPUSD in the morning to close out what was mostly a boring, sub-average range week in Forex.

Here’s the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (there is a LOT to see, read below); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES and then glance at the US Dollar Index, where there is also some key information.

A few weeks ago, we began including the daily charts with both the Seeker and Comber tools overlaid on the Sunday reports. This weekend is a key example of why we do that, as the EURUSD, GBPUSD, USDCAD, USDCHF, NZDUSD, AUDUSD, and EURJPY all completed 9-bar setup phases on Friday. This can mean short term reversals on each, but it also means that we now have active Seeker counts and Comber counts. While the Seeker counts start from here, the Comber counts are retroactively counted from the start of the 9-bar setups, so we could potentially get to some 13′s there quickly. See way below for details and we will monitor this in the coming two weeks.

EURUSD:

Triggered long at A overnight (half size ahead of GDP) and came within 3 three pips of first target at B, so should have gotten a piece off under our order staggering rules. The rest stopped. Re-entered after GDP, triggered long at C, hit first target at D, closed final piece at tri-star level at E for just under 60 pips:

The rest of the report and market analysis is for subscribers only.

Came into the session still long half of the trade from the prior day in the EURUSD. New trade triggered and didn’t work (see below); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES but we closed the gain from the prior day.

New calls and Chat tonight, but first look at Q4 GDP tomorrow morning is a once a quarter big number and a half size night.

Here’s the US Dollar Index intraday with market directional:

EURUSD:

New trade triggered long at A and stopped just barely at B, which was a disappointment since it later worked precisely to the first target at C. I should also point out that the high of the session at D is exactly a tri-star level from our list. Stopped second half of the trade from the prior session at E for a nice gain:

Better session, although we still got stopped out of one. Fed announcement days are typically light overnight, but you can see movement after the announcement. See EURUSD below.

Here’s the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight.

EURUSD:

Triggered long at A and stopped. Triggered short at B and hit first target (tri-star magnet level) at C, lowered stop and stopped second half at D. Triggered long after announcement at E and hit first target at F, stop is moved up and holding over:

Another dull night but this one without consequences to us as we started a 2-day Fed meeting. The announcement is tomorrow, so I will be half size overnight tonight.

Here’s the US Dollar Index intraday with our market directional lines:

See EURUSD below for trade trigger.

New calls and Chat tonight.

EURUSD:

Finally triggered short at A but didn’t go far, I gave up on it just over the entry at B late in the session and closed for a few pips loss: