PA has crossed the pivot line and confirmed that move. Right now it's bouncing off the main pivot line and looks as if it's trying to squeeze out the shorts before moving north. I went long at 1.3387 and am looking to take 20 pips.

EURUSD

Quite. All we've seen is a range centred on a point just north of the PP Mid S1

EURUSD

My old grandma always told me not to judge the book by the cover.

EURUSD

Until the bend in the end. The underlying trend on the daily chart is still upwards. However, the present pull-back could certainly see 1.32x during Monday before the main trend resumes.

EURUSD

Not me. My wife is PCC Secretary at our village church. As for me, I am strictly agnostic. I neither believe nor disbelieve in God. However, I do have issues with the teachings of the church. Therefore, my attendances are restricted to weddings and ...

EURUSD

I imagine that the London traders will be packing up for the weekend soon. Watch out for the stop hunt.

EURUSD

I'm very fortunate - I never get hangovers. Maybe it's because I have no vices (except for the one bolted to the bench in my workshop I dont't drink I don't smoke (except if I'm on fire) I don't swear (except when it slips out) I always tell the ...

EURUSD

Yes indeed. If we see a confirmed taking out of 1.3585 my next long target will be 1.3636 - i.e. 5 pips south of R2.

EURUSD

I quite agree, Math. I had to go out for 2 hours on other business this morning but clearly didn't miss anything. I shall put my feet up shortly and look forward to a bit more movement in the PA tomorrow. I don't think that M.Hollande's remarks did ...

EURUSD

The main pivot point has been consistently presenting stiff resistance for the last 9 hours and continues to do so. Right now, I shall keep sitting on my hands until I see confirmed evidence that the pp has been traversed. If that happens, I will ...

EURUSD

Strong resistance around the main pivot point. We need to see a confirmed penetration of the PP before going long again. Then we should go all the way to 1.3590 and in turn, to 1.3629

EURUSD

Agreed. However, I don't see how anyone can seriously hope to make reasonable money with an account size less than £1000. Very few brokers will allow you to trade less than £1 per pip and even with a stop loss of 20 pips, they will require a margin ...

EURUSD

With £120k I still have a decent amount to play with.

EURUSD

I limit my risk to 1% of my available trading funds for any one trade.

EURUSD

All going nicely to plan now, Next target is 1.3608

EURUSD

We need to see 1.3572 now to consolidate the move before going long.

EURUSD

Profit taking and stop hunting, I imagine.

EURUSD

Right now, the PA seems to be completely indecisive. All we are seeing is low amplitude noise. I need to see the price penetrate the pivot before entering new longs (my earlier comment a few mins ago refers). However, the fact that the PA is north ...

EURUSD

Agreed; however, we need it to decisively penetrate the main pivot line at 1.3559 first - and so far every time it attempts to do so it meets with stiff resistance. If a 5 minute candle breaches the pivot and the next candle takes it out, then I ...

EURUSD

You mean support, surely? I can see it dropping down to S2 at 1.350x before it reverses. Staying away until I can be more confident as to where it's going.

EURUSD