FXCPS

Forex Chart Pattern Signals

Thursday, October 12, 2006

Metastock Euro Dollar 5 minute chart
Chart courtesy of Metastock. Data provided by eSignal.

Those using the above package can see a tight stop can be put in place.

Next update in the morning.

Fibonacci Time

Daily Euro Fibonacci Time
Chart courtesy of Dynamic Traders. Data provided by eSignal.

Daily Euro chart shows we have hit a fib cluster and 886 fib price.

Euro 60 Minutes


Chart courtesy of Dynamic Traders DT5. Data provided by eSignal.

Euro 60 minute chart above shows the 34 60 DTOsc and possible wave counts as well as time.

Euro & Yen

The Euro 8 Daily has now produced a bullish crossover as has the 34 60.

The Yen has also produced an 8 Daily crossover but for a bearish trade and the 34 60 has also crossed.

Remember we have trade balance due out today and President Trichet is due to speak a little while after that.