Recent content by webwolf

NB: re Interesting info on the reasons to the moves. One useful source of information is www.global-view.com It contains two threads of primary interest: 1. Forex Forum - free - used by FX traders of all types 2. GVI Forum - subscription based - used by those working FX banking and Financial...

NB: re congestion Sorry - was in a bit of rush this morning - some of the congestion was caused by an Asian name selling cable at the figure down to 7680, a UK clearer buying it back to 95 and at the same time a German name selling the cross. There was also fix related buying on EUR/GBP which...

Nice analysis NB Agree with your point on congestion. I am also leaning to the bearish side and feel that once 7550 area broken there is not much but thin air between that level and 7380. I do think that 7550 is a bit of a tough nut to break - I have included levels on the weekly chart...

Nice work jpwone - I'd definitely be interested in the study

mclhrr - in addition to this forum, a couple of very useful starting points Technical Analysis: http://stockcharts.com/education/ "Technical Analysis of the Financial Markets" John J Murphy Good luck

"a good, in depth knowledge of their market/defined trading strategy/risk & money management structure & an overall 'picture' of market direction." Well stated, Buk. In addition, the FX market is extremely responsive to news and economic data so it pays to know the news and data being...