Same I entered at 1.3430 a little while ago, SL 1.34600, TP 1.33650. Probably gonna fall asleep soon. I just hope the London open doesn't send it up to my SL before it drops again. Here's hoping

EURUSD

My M30 chart shows consolidation of price between two levels, one both resistance levels from this week since the gap. The 1H chart shows two spinning top candles after a very slight retrace, while the trendlines and consolidation make me think we ...

EURUSD

Definitely, I'm actually in the middle of a strategy game with a friend right now, but I'll be sure to cook up my chart right after and put it up. Keep in mind though I'm still pretty new at this

EURUSD

Good ideas for sure I'm personally expecting the retrace tomorrow starting with the London session, it's constantly testing the 1.3400x levels and it seems due for one after the spike.

EURUSD

You feel confident shorting before the news and during this time of low price action? I don't doubt your analysis or anything, I think I'm just more of a chicken than you are

EURUSD

You've still got a short opened with almost 200 pips negative? What are your stop losses man?

EURUSD

Possible head and shoulders forming on the M15, but not for another few hours or so if it ever does materialize. Just something I'll be watching for I suppose. And the neckline ought to be around the 1.3400x level

EURUSD

Hahahaha, see that would confuse me. I associate white with a white flag like the bulls are running away and red with the color bulls charge at. Different strokes

EURUSD

In related (I guess) news, it looks like the cable is in an inverted H&S after the downtrend that began on 29 Sep. Neckline looks like it's at resistance level of 1.5469.

EURUSD

Looks the same on the cable too

EURUSD

My charts look like the price is consolidating pretty tightly with the short term trendline from yesterday's high and the longer term from the lows yesterday meeting at around the time the non-farm is going to be released.

EURUSD

Looks like it was just moving in tandem with the rallies on the NDQ and DJIA, the GBP/USD pair made a very similar move in almost perfect parallel with the EUR/USD. Too bad I didn't enter long on the trade, I was too scared to pull the trigger 20 ...

EURUSD

And to think, I almost thought we wouldn't see this sort of thing again today. I suppose I was wrong.

EURUSD

Got stopped out of a poorly timed short position for -15 pips on EUR/USD. Need to wait for a better signal to come around.

factorof2's trade journal

I use them sparingly. Having been in mathematics as a student I'm a little more convinced that fibos are essentially just self-fulfilling prophecies rather than some incredibly deep market pattern.

EURUSD

I've been doing the same all morning, I'm looking at the 5M chart with just a fibonacci on it because it every time I throw it on the PA really seems to bounce off it as you might expect. As a matter of fact, my next target was also 1.3240x at the ...

EURUSD

Very nice Every time I read your posts I always wonder how you see the trades so well before they occur.

EURUSD

Currently looking at a possible opportunity to go long on the USD/JPY, it's sitting at about 10 pips above a major support level and is consolidating pretty tightly.

factorof2's trade journal

Well the first post of this is going to be pretty boring since I really didn't trade today, for the most part I was still a little shaky about entering some of the trades, despite that they would've all turned out to be good trades, but that's fine. ...

factorof2's trade journal

Back on the topic of trading: Just took a short trying to ride the short term trendline down a little further. Took a 20 pip profit in about 4 minutes. Not too bad but it seems a little boring right now anyway

EURUSD