I would...but — I can't tell you how to trade but the end of the Asian session can be quite volatile.

EURUSD

Sure... — The large traders have their stops in place, options barriers... etc. If price approaches either area - usually against the trend direction - they will protect their positions.

EURUSD

Generally speaking... — Either direction. An intra-day triangle break is USUALLY good for 20 PIPS on either side of the break. (Often around 30 - which is the number of a typical move) It will most likely take "bias" to break out either ...

EURUSD

Euro Session... — We have a lot going on in this chart. Pivot at .4711. Nice intra-day triangle. Notice how tight yesterday's range was. Tighter than a ducks azz. What does that tell us? Energy build up. When a break happens it's usually ...

EURUSD

Dude... — Do me a huge favor. Please stop using Calibri 150. I imagine those with vision problems have already adjusted their monitors. Thanks.

EURUSD

Did I spell it wrong??? — That was a joke. Deutche is the largest player in our sandbox. I said that because they are one of the few players that can keep this dog afloat. The next post had an article dealing with a very long trend line. ...

EURUSD

They are praying this doesn't happen... — url A break that is.

EURUSD

I know... — Actually - It's Deutsche Bank m

EURUSD

Sure... — As soon as it moves above or below the PP. I do. Usually scalps. For example - today the EURUSD jumped late in the US session for no apparent reason. So - when price ran out of steam I began scalping the move down to the PP. When ...

Psych Levels, Pivots, and Trendlines - Resurrected

Too stressful to be the king... — I don't need to be the King or Queen(especially not the queen) of FX - Too much stress. I'm fine being bishop or knight. Mike

EURUSD

What not to do... — Asians don't set trends. Quite often they take the market in the opposite direction and then the EURO desks send price on its way. There are only two session you should trade. The European and the US. Leave the Asian ...

EURUSD

Dude... — 1 trade does not a trader make... even though it was a good call.

EURUSD

Managing your money… — This has nothing to do with how much you spend on groceries, alcohol and lap dances. All quality investments to be sure – but that's another thread. During the big dollar run thats been underway I’ve noticed a lot of ...

EURUSD

Hmmm. — That's interesting. Mike

EURUSD

Dollar selling? — Are we looking at the same charts? This is a few Euro traders trying to shake out the weak hands. It's Monday. Low volume. The trend on this pair is DOWN.

EURUSD

If you haven't seen this article yet... — It's a must read. url

EURUSD

This is a very good article. — Mike

EURUSD

Taking profit after small moves... — Scalpers look for 5-10 PIP (or less) moves often of the direction of the session trend.

EURUSD

Pivot Perspective — The PP is a .4719 which is near a .4720 psych level. Since we are above the PP we are looking to go long. Watch .4750. If price hits it, retraces a little and begins to move north again it should have enough momentum to ...

EURUSD

That's what makes me hesitant... — Everyone is predicting the move up. I smell a week of consolidation. Price action may need a chiropractor when this week is over.

EURUSD