FOREX PRO WEEKLY January 16-20, 2012

[Louis123321]

is the action on H1 starting to look like a continuation UP triangle?

*cry* so much for downward continuation ... !?

 

[BeeKay8]

Very, very, very weird price action today.....

 

[Triantus Shango]

i hear screams of pain as the stops pop!

 

[Triantus Shango]

Very, very, very weird price action today.....

very much so. i've never been more flabbergasted.

 

[RahmanSL]

I think yesterday & today price action has a lot to do with the record short orders placed on the EUR/USD....so, understandably, it's driving it crazy!

 

[Triantus Shango]

maybe so... i see the coming near to the end of a triangle on H4 and a bullish divergence on indicators for USDNOK H1... it's gonna blow to downside.

 

[Louis123321]

Oh no. I just died a little inside.

 

[Triantus Shango]

time for a vacation.

 

[Louis123321]

Lmao people can learn to not only trade but make a fortune by simply doing the opposite of what i / triantus say..

 

[MidnightRun]

jesus christ!! but will you look at that! what the hell is going on? the confluence area around 2800/14 (pivots and extensions coming together) seems to be holding for now...

and what's with this V shaped pattern. not aware of any V shaped pattern. is someone trying to ignite the short squeeze or make believe it is starting to create a buy supply to sell into?

IMF has just announced that it is boosting its lending resources to $1 trillion.