If we do not make new lows by 0730, I will look to close shorts. reasons: 1) I have noticed Dollar index reversals once NY and chicago boys come online 2) US stocks may do a dead cat bounce, more so since it is Friday. Not always the rule, but it ...

Trading EURUSD only

I trade waves till i see correction looming. Then I reenter with trend at better position. More pips that way. ZIGZAG sideways moves are the only flaw.

Trading EURUSD only

I am more concerned with 1.2732 myself. It is the H1 fractal for the up move to 1.2788. If we break 1.2732 I will move stops to BE+1, and wait for yesterday lows to be tested.

Trading EURUSD only

Money managament. "50 ways" to make money in FX. All can be profitable with discipline.

Trading EURUSD only

You dont think we are going to make new lows?

Trading EURUSD only

yes, pressure seems consistent. 1m BBands corrections to upper then drops again.

Trading EURUSD only

Currently watching 1.2755 to reject, another entry may be possible for late comers.

Trading EURUSD only

Gratz, you should enjoy some pips to at least yesterday lows. I will watch for bounce to exit. Otherwise im in for 1.2700 and lower.

Trading EURUSD only

Its ok, I had my concerns also. As long as you reentered, golden

Trading EURUSD only

I closed shorts earlier today at 1.2725. Reentered 1.2772. I waited for a 1hr fractal to help confirm.

Trading EURUSD only

Whats your uptrend line Based off?

Trading EURUSD only

GINO, Ref report: Do the 2 trendlines provide your only basis for reaching 1.30 again? Any FIBOS?

EurAnalysis

I saw it also. Not sure what to do so I will stand aside. AUS/USD seems to have better PA right now.

Trading EURUSD only

Yup, i didnt sleep much till i cleared heavy shorts. Siesta time. Take care. Peace All.

Trading EURUSD only

Its a final push from london to day lows. If it doesnt break by 12pm EST. We are still in 15m channel till at least ASIA open.

Trading EURUSD only

I think you missed the point. The market is in CZs for 2 days. Indicators give to much bias. I have 3 monitors with templates on all. The channel gives you a range to play with so you dont get biased from useless indicator during sideways market. ...

Trading EURUSD only

Clears charts of all indicators. Draws equidistant channel for CZ from yesterday to today on 15m. Now trade it till broken.

Trading EURUSD only

i was wondering. no longs till we approach day lows. better SL at support

Trading EURUSD only

again, the .382 is crucial. bull bear money at work on both sides, if it drops below more bear power to .618. Chart says alot: url

Trading EURUSD only