Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.
20060120 Candlestick shows buyers taking control overwhelming initial sellers. Could this be the move that breaks the bull flag? Our short position in EURUSD was covered at a loss. Shows that the bigger picture patterns should not be ignored. The USDCHF short worked out nicely though. 
EURUSD chart
posted by emacro @ 8:26 PM
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