GBP/USD failed to break above the 1.7618 high, probably because of the explosions threat that helped in the bearish movement of the GBP, now expect further bearish movement like in the case of the EUR/USD below, so my recommended trade is:
sell GBP/USD at current range for +20 pips profit.

Recommended trades: Sell EUR/USD at current price, take profit at +20pips.

EUR/USD reached the strong resistance at 1.2252 followed by sharp descent to a bearisg candle yesterday, I expect further bearish movement at least 20-25 pips below yesterday's Low

Eur/USD bulls and bears are equally fighting now.

Eur/USD analysis:+ 45 pips so far from yesterday's close.

A bullsih candle was formed today after yesterday's hummber in the GBP/USD daily chart.

A hammer is formed yesterday in the daily candlestick chart of the GBP/USD , I expect that there will be a long bullish candle tomorrow on 21/07/2005, but I only expect :) lol

I am really starting to like analysing candle stick formations, the situation reminds me of what I read when I started learning this stick patterns, FX books said that you either love it and use it always or hate it and never use it again.

More bullish action is expected as of tomorrow, a hammer was seen on 19-07-2005 followed by a bullish candle and I expect the price to move in a bullish direction for 20-30 pips more.

EUR/USD Daily chart analysis.

Sell orders at Oanda indicates that a large proportion of traders and placing orders above the current price, and this confirms with the idea that the EUR/USD will make some upward movement for today before resuming its downward movement.

Open trades at Oanda indicates Euro/Usd will have some touches with the resistance levels today. Eur/USD fell 50-60 pips today and there may be some retracement I think before continuing some downward movement.

EUR/USD went down as predicted in the last post

EUR/USD went down as predicted in the last post, It went down about 50-60 pips.

Eur?USD is going down.

never imagined a +203 pips today for the EUR/USD, I woke up in the morning and thought that 100 pips move was all for today, but the forex market never stop surprising me.
I am not surprised by those ratios.

Hammer

I wonder what is that candlestick formation before the hammer and weather or not that was a typical hammer?

Screenshots starting again of my game account.

Starting from tomorrow, i will be restarting my game account screen shots for a new strategy, I will be posting it every day weather losing or wining , until the account doubles or blown out.
I will again say that I am still a newbie and trying to learn as much as everyone in the fx market.

SL reaches -32 pips

SL reached -32 pips
I am still short on the usd, I just set up a stop loss for all those who must use stop loss, but i am short on the EUR/USD still.

Adjust SL for EUR/USD to 1.1935

Adjust SL for EUR/USD to 1.1935