Author: Ryan Best

All the formations I have been talking about over the last few weeks are filled. I wrote several weeks ago that 1.3100/3200 was in store. Then I posted about the Head and Shoulder formation, then the… Great week of trading...

This action on the EURUSD is sticky. I set up for a break out and ended up moving it to a scalping position. You can see the accounts I traded below. They all look about the same, a small scalp… Great week of trading...

There are two points of support that I see in the pair this morning. First teh 15 minute 200 period moving average at 1.2982 and then a bit lower around 1.2965. I don’t do not think the lower one… Great week of...

From last weeks post, I said that it would bw 1.2900 and a solid break of 1.3000 that would be needed for a larger move to begin. We got the 1.2900 to fall but 1.3000 is still putting up a fight. The… Great week of trading...

My 15 min. charts are telling me to go long here. But I am going to wait until Sunbday for a few reasons. 1. Two of my accounts have reduced leverage availability on the weekends. 2. 1.2900 is a… Great week of trading...

EURUSD is again failing to hold above 1.2900 in early afternoon US trade. This does not show well for the pair. Fundamentals seem to be pointing to a stronger EZ economic outlook that US economic… Great week of trading...

I mention in my last post that if equities continued to fall that the EURUSD may have trouble reaching my targets. Well, equity markets have fallen and so has the pair. 275 points ago the pair was… Great week of trading...

The pair is very overbought on the daily charts, but is still has a ways to go to reach my targets mentioned in earlier posts. The head and shoulders pattern will be complete 85 points above todays… Great week of trading...

A few of you may remember this image from the June 7th post. In that post I made a pretty clear argument for EURUSD 1.3000/3200 and now we are only 50 points from hitting that region. If you haven’t… Great week of...

The US Dollar index mailtained it’s neative bias by closing below support. This keeps pressure on the USD and shows signs that more EURUSD strength may be seen in the coming days. Great week of trading topped with another...