Line In The Sand Forex Factory

Line in the Sand | Page 5 | Forex Factory

Like price bouncing of support/resistance/ or adhering to trend lines. It has those characteristics since, its mostly a linear vector dispersed around a regression.

Line in the Sand Part 2

Share ideas, debate tactics, and swap war stories with forex traders from around the world.

Update

Says ING: Japanese authorities are allowing USD/JPY to trade above the April FX intervention levels. Previous comments from the top currency official hint the …

Switzerland's line in the sand

Last Thursday, amid low pre-holiday volume, the franc actually pierced the 1.20 per euro line the Swiss central bank had drawn in the sand. Suspected intervention soon drove the franc lower but then once again over the weekend the franc came within a hairsbreadth of that line.

The "line in the sand" held for the EURUSD

The line in the sand from "EURUSDs BIG test" was put to the test with some Greek headlines (I think it read "Euro officials called back to an emergency meeting" or something like that in the first hour of new day trading).

Daily Break and bounce

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