Nice one Garrick, you're one of the few I pay attention to (including Ata) when they reply on this thread. I moved my SL to secure some profit before the spike thanks to you .

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Price always stalls around .00 and .50 levels so no big deal with present drop in volatility.

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Thank God I'm not holding for only two hrs.

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Still holding on to my short, even if price goes up best to follow your plan and wait for when price to properly reverse before going long, unguarded emotions most times are the bane of an otherwise profitable trading strategy.

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Just doing an analysis on the daily chart for a likely scenario next week, based on the attraction of the value line (dotted) most likely we would see 1.1120. If the force be strong with this pair we could see that happen by Monday but worst case by ...

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...market still pushing towards 1.1150 despite almost being EOD.

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If the bottom of this range gets broken then...

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hopefully the downtrend has resumed, btw my scalp trade would have been taken out by now had I entered.

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...same here

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...the lower boundary seems to have been broken so we continue shorting today.

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SL hit! Seems the up move has been aborted temporarily.

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I normally wouldn't have traded at this point if I were to be day-trading but since I plan on holding this for more than a day I gave it as large SL, hopefully it doesn't get hit fingers crossed.

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It's on! My pending order got hit and I am in for the ride! I might be making a few stops along the way to pick up extra passenger lots.

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Seems to be a false low setup, there was an opportunity to scalp to the whole number level but I don't want to risk it because of the news now. My bias is up and would be looking for buy opportunities at the top of range (1.1201 - 1.1204).

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The last hourly bar could be one of two things; either the last leg attempt by the bears that would push price down or the last leg (false low) before the bulls take over...i'll wait and see which happens.

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Didn't expect this up move to be this much no thanks to the news. This is a major pivot point and with the close of the last hour candle the major trend (4 hr) might just be reversing unto an uptrend. Next week however would give a clearer picture.

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This might be a good time for short-term counter trenders to buy 'cos this would get to at least 1.11770 before it makes it's way down again.

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Nowadays FOMC be movin' more loads than NFP...NFP is history mehn!

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That's all folks!...

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target hit! Now we wait for the news.

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