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Stimulus replied Nov 7, 2012To clarify when you say 1.2763 is dead, you mean the previous low support and price should be contained relative to that?
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Stimulus replied Nov 7, 2012true dat. 1 day we all can get a runner that will pay for small losses and then some.
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Stimulus replied Nov 7, 2012url Good to watch. Steve placed a link on thread opener.

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Stimulus replied Nov 7, 20121.2750 is a number. Think of demand zones when trading. It is hard to get a perfect entry to the pip.
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Stimulus replied Nov 7, 20121.2765 to 1.2737 is your order fill zone. It should move around here a bit until a breakout. Orders are being filled then a direction will happen.
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Stimulus replied Nov 7, 2012The long lower wicks do not look good for shorts, but again any bounce will be capped if trend is to continue technically speaking.
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Stimulus replied Nov 7, 2012Trade styles — Steve plays intraday S/R and trendline trades both long and short. Must be monitored. Stimulus trades weekly trend with risk defined SL at prior S/R. IF DD happens I add to positions up to SL. I do not change SL, because it ...
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Stimulus replied Nov 7, 2012USD/JPY is dropping, so more upside possible on Euro. Not a direct correlation normally but it has worked in past few days, as it is relevant to $ weakness. SL at 1.2827 now. Seems like safe place for retracement DD if you want to hold shorts and ...
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Stimulus replied Nov 7, 2012Good call. I am in short because I traded euro when it dropped to 1.18. There was no time to get in for a retrace. I know times are different with QE abroad, but it still seems to sell off faster than it climbs.
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Stimulus replied Nov 7, 2012pips will be made long, but be agile with exits, and dont leave unattended.
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Stimulus replied Nov 7, 2012Weekly S2 bounce. Longs dont be greedy, peel off. imo
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Stimulus replied Nov 7, 2012most of the time, but i know you have seen strong moves before.
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Stimulus replied Nov 7, 2012looks like orders are being filled, once done it should move out smartly.
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Stimulus replied Nov 7, 2012Longs should be closed on a break below of 1.2750 IMO. play it safe.
Trading EURUSD only