Out of the shorts at 1.0715 for 50 pips. Better than nothing I guess... Will sit on my hands until after the Red news.

EURUSD only

I changed the TPs on all 3 shorts to 1.0705. Will reenter shorts later, closer to 1.0780. Till it gets there, maybe I´ll be scalping long after it tests 1.0700. A lot depends on the crucial inflation data today. A big number and all bets are off...

EURUSD only

I agree with you. EU wants to go higher, but first it should test 1.0700 maybe today.

EURUSD only

Ata, it is truly amazing to me how having been caught on the wrong side of hot news, you can fight it out and end the day up close to 10%. Truly out of this world. Yes, I know... Off topic, but I couldn´t resist mentioning it.

EURUSD only

Well... there was luck involved too. I am not quite sure EU is ready to roll over. It may want to crawl up to 1.0700+ before throwing in the towel. I feel pretty certain the future is lower, but not in a straight line...

EURUSD only

This worked out just as planned. New sells were opened at the 1.0735 and 1.0740 limits. All three have targets of 1.0600.

EURUSD only

Sold EU at 1.0728. Will sell again at 1.0735 and 1.0740 if it gets there. Target 1.06

EURUSD only

Closed all shorts at 1.0670. We may get a bounce now.

EURUSD only

I´m still holding till my target at 1.0680.

EURUSD only

I´m holding till my TP at 1.0680 on this swing for the reasons I mentioned in my previous three posts.

EURUSD only

If we do get another leg down next week, possibly triggered by CPI, and using the targeting tool that Ata likes to use, the target for the third leg down could be 1.0680

EURUSD only

Excellent analysis. If as you suggest, we move higher from here, I will be hedging my longer term shorts right along with you.

EURUSD only

Good Saturday to all around the world. I was looking at the Monthly chart this morning to get a longer term perspective of EurUsd. On the right side you can see the Green line in the sand that appears to be breaking now. I drew parallel lines to ...

EURUSD only

I don´t pay too much attention to the bounces. I am trying to stay focused on the end line, somewhere at or under 1.0700. When I was younger the zig zags used to bother me a lot. Not anymore...

EURUSD only

It´s probably going to take till next week to bring it down again and today it may bounce to 1.0850 or 60, but the beast is wounded.

EURUSD only

I´m OK with a slow, choppy descent. Especially with positive swap over the weekend.

EURUSD only

And as you always say... The robber barons will do whatever they need to do to make money. Short term they manipulate the market for their gain. Like Soros did with the pound many years ago... Longer term. that´s another matter. Anyway, I´m ...

EURUSD only

It is clean and simple price action in my view: The Green line goes back to August 2022 and it is clearly the line in the sand. It was broken at point 1. Tested from below at point 2 Retested again yesterday at point 3. Heading today for the lowly ...

EURUSD only

It looks like Ata´s VOID is calling. Remember, it was 1.0788

EURUSD only

Sorry. It was my fault for asking. At my age, one gets forgetful at times...

EURUSD only