Goldmine!

US Session

Price ranging...WL5 tested again.
 

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US - Session Continued

Price failed to reach ML of red fork implying that there was a strong bullish sentiment in the market. A good entry would have been the test of the red U-MLH line after the move beyond the red fork. Other areas for entries exist that may be more conservative for some traders: just one mentioned here.

Take care,

FX4Newbies
 

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Good analysis. I think the eur/usd will revert downwards again throughout the summer. All depends on what the Fed does, if they are going to weaken the dollar again.
 
Thanks dsb104,

I think the most challenging part of analysis is staying objective enough to see what the market is doing. Whatever the Fed does, who whoever else for that matter, the market and price action will speak.

We just have to learn to read the language of price.

Take care and thanks for posting,

FX4Newbies

Good analysis. I think the eur/usd will revert downwards again throughout the summer. All depends on what the Fed does, if they are going to weaken the dollar again.
 
Start Of London Session

Hello Traders,

Here is the most recent view. We will see what the market gives us today.

Take care,

FX4Newbies
 

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US Session

Hello again,

Price trying to make higher highs. Looking to see if there is enough to push higher.

Be watchful,

FX4Newbies
 

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Pre-Asian Session: July 27

Hello again,

Just wanted to update you on what price has been doing the for the last five hours or so....finding support.

Look for your confirmations to trade before entering. Be open to what price is doing or may be doing later.

FX4Newbies
 

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London Session July 28th

Hello traders,

Price did find support at red SH before launching to blue resistance level. Can it go higher again or will it fall from here? Confirm your entries.

Take care,

FX4Newbies
 

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Re: London Session July 28th

Price did fall below red SH. News in about 30 minutes. Be watchful.

FX4Newbies

Hello traders,

Price did find support at red SH before launching to blue resistance level. Can it go higher again or will it fall from here? Confirm your entries.

Take care,

FX4Newbies
 
Live Signal Results

Hello Traders,

Gave a signal this morning for a sell on Usd-Chf to enter at 1.0575 with a take profit at 1.0535. A very difficult trade...entered a warzone for a few hours. Price hit ML target at 1.0535 (Bid).

Exited just prior to the news at 10:30 a.m. with a 29-pip profit.

If you would like to receive these signals, you may visit the blog to sign up.

Take care,

FX4Newbies
 

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Pre-London July 29

Hello again traders,

Hope you all had a good day yesterday.

Just updating the situation with EurUsd...been moving sideways for some time, finding support along WL6. Usually when price consolidates for a while, the end result is an explosive move. Be watchful and patient.

Take care,

FX4Newbies
 

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Eur-Usd July 29th

Hello again,

Price continued to find support on WL6 before moving up again.

Updated chart attached.

Take care,

FX4Newbies
 

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Testimonial From Arizona

I received a testimonial today from a trader in Arizona about the signal sent this morning. It is available at the blog, Pitchfork Goldmine, for those who would like to read it.

Take care,

FX4Newbies
 
EurUsd: The Bigger Picture

Hello Traders,

Just sharing a wider view of what has been happening...
What do your eyes (really, your mind) see?

FX4Newbies
 

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Did You See It?

Here is a continuation of EurUsd: The Bigger Picture. Did you see what price and the forks were telling you?

FX4Newbies
 

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EurUsd: Weekly Wrap-Up

Hello Traders,

Posting a follow-up chart to the last one posted above, this time with a closer view. Price began to fall and ran into a zone of support. Closer view also shows an ML present in that area.

Will see how market performs: whether it can push lower, given the fact that it is still officially in an uptrend.

Take care and enjoy the weekend. Thanks again for stopping by.

FX4Newbies

P.S. I will be posting a wrap-up of the 10 pairs that I watch this weekend on the blog.
 

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Weekly Wrap-Ups Posted

Hello again,

Posted the weekly wrap-up on the blog for the 10 pairs I follow.
Check them out.

Have a good weekend.

FX4Newbies
Quote:
Hello Traders,

Posting a follow-up chart to the last one posted above, this time with a closer view. Price began to fall and ran into a zone of support. Closer view also shows an ML present in that area.

Will see how market performs: whether it can push lower, given the fact that it is still officially in an uptrend.

Take care and enjoy the weekend. Thanks again for stopping by.

FX4Newbies

P.S. I will be posting a wrap-up of the 10 pairs that I watch this weekend on the blog.
 
Not much seems to be happening at the moment...lots of news at 10am EST and then Bernanke speaks...could make for a volatile morning.

Certainly no rush here...just watching.

Take care,

FX4Newbies
 
Eur-Usd Awakens

Good Morning Traders,

Lots on the agenda for today...seems like the Eur-Usd is coming to life a bit. It will be interesting to see how the news affects the move.

Take care,

FX4Newbies
 

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Eur-Usd Finding Support Again?

Early Good Morning to all,

A more current chart is attached...is the Eur-Usd finding support again. Just gotta watch for a credible confirmation.

Take care,

FX4Newbies
 

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