Thank you, I'm on fire today for some reason... it helps that I don't use leverage anymore, almost never. 100 pips a day with 1x leverage is the name of the game Also i watch PA 50-70 hours I week, I don't have a social life, hah Added otehr half ...

EurAnalysis

Lol its funny for the market makers, sometimes to get the short price you want, you have to go long first Completely faded, bull trap. Closed half of short at 2482 for +37 will add other half back on a break of 2477 with a tight stop loss.

EurAnalysis

didn't notice the EMAs on 1hr, as I don't have those ones. There is just so many technical indicators it really is nearly impossible to pay attention to them all. I use 34EMA, which was at 2515 in the 1hr. 2520 was also a double fib ...

EurAnalysis

shorted 2517 s/l 2522, on double 1m bearish divergence and top of 5m bollinger band, now we have a 5m bearish divergence so i will be keeping this trade, might take partial profit

EurAnalysis

good luck, but 15m candle closed pretty full, i think it might be a scalp a scalp at most, i missed that 1m bearish divergence that was good for 15 pips. 2510 is 23.6 fib of yesterdays down move and now acting as support

EurAnalysis

That's what im wondering, why do dramatic moves happen exactly at London open? FX is open 24/5 so I don't see what causes it, bond market perhaps? 1m bearish divergence at 2516, after RSI hit 83ish. my goodness these are powerful.

EurAnalysis

RSI 20- or 80+ its almost like a guaranteed scalp... pretty much the only thing that can stop it from not pulling back is a consolidation to bring it back to normal condition and not over bought

EurAnalysis

lmao at london open... 2504 s/l hit at BE, but at least i took partial profit. why does it happen EXACTLY as london opens? where does all the liquidity come from in comparison to say, 2 minutes before London open? or 30 minutes? how come its exactly ...

EurAnalysis

Any trader who says they have never had a losing trade is either A) a liar or B) only been trading for a week or so and it's beginners luck

EurAnalysis

2477, 5m bullish divergence, looks to be two 15m pin bars forming here too (i give two some respect) to be honest it still feels over sold, although there is room for more down today definitely.

EurAnalysis

I freaking love bollinger bounces combined with support areas. Bounced off of first test of 15m bollinger, 5m RSI at 30ish, and consolidation support at 2480, as well as 50 fib of 2280/2670

EurAnalysis

I dont know about that, the pin bar worked out this time, for longs. Right after that we got the retrace. Pin bars are deceptive though, and I don't really even treat them with much respect anymore, except looking for morning/evening star follow up, ...

EurAnalysis

maybe overbought on the 5m, but the 30m was oversold or just above it at the point you shorted (at least using RSI)

EurAnalysis

I don't just look for divergences, I look for divergences + overbought RSI + resistance, such as we got on 2504 Divergence + not overbought/oversold RSI (under 70 or above 30) = meaningless really Where you shorted, we were heavily over sold intra ...

EurAnalysis

Who is insisting on going long? Except for the low risk long ofr 2440 area after a 200 pip down move (basically a guaranteed retrace is coming off a support area that large) Closed half of 2x from 2504 at 2494 (+0.1%), letting other half ride until ...

EurAnalysis

Scalped the 5m bearish divergence at 2504. Hoping we get to 38.2 fibo (2530) for more shorts but if not, at least I'm short again.

EurAnalysis

Wow.... This saves me so much time! Thanks!

EurAnalysis

Lol amen to that, I watch price action 10-14 hours a day and sleep all Saturday. Seems we might get a bearish divergence on 5 m chart here, and we have one on the 1m chart. I'm off until London.

EURUSD

Here is a BFSG chart because I know how much you all enjoy going blind The last time 1hr, 4th level exhaustion was hit (thick blue line), was the gap DOWN + sell off after open to 1.2955. IMO, we are looking to retest 1.228 this week. I can't ...

EurAnalysis

Just kissed 61.8 fibo

EurAnalysis