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- BFSGcapital replied Jun 8, 2012
Thanks and you too! Hopefully we come back to a weekend gap down

EurAnalysis
- BFSGcapital replied Jun 8, 2012
See, I just knew we were over sold
Luckily I woke up to this, so I shorted it. E/U has nowhere to go
By being patient and not shorting 55, I saved myself about 50 pips with a better entry Edit: PT, definitely taking what you have to say into ...EurAnalysis
- BFSGcapital replied Jun 8, 2012
Yup this is what I was thinking earlier, over sold for now. Closed my 77 short at 57 (50 fib). I'm thinking 2500 or 2510/13 will probably cap any retracement. Still awake

EurAnalysis
- BFSGcapital replied Jun 8, 2012
Was going to set mine to that after you said it, but that 1m candle already triggered 77
EurAnalysis
- BFSGcapital replied Jun 8, 2012
Yeah, I guess I should re enter somewhere, now that everything really looks down. I'm not paying attention to the big picture very well, I could probably hold a short, go to bed, and wake up to low 1.24 area Screw it, I already made decent amount ...
EurAnalysis
- BFSGcapital replied Jun 8, 2012
it's inching lower, still making lower highs but not lower lows
EurAnalysis
- BFSGcapital replied Jun 8, 2012
the more and more i think about it S3 is definitely probable today. still, too many times have i taken profit, got back in, and have it move a lot of pips against me
EurAnalysis
- BFSGcapital replied Jun 8, 2012
i dont see more down immediately edit: lol that arrow is suppose to be pointing to the 1.2510 area its definitely possible to see a big down move today, im just conservative

EurAnalysis
- BFSGcapital replied Jun 8, 2012
Yeah, I'll learn one day
But we are stalling here because we are oversold intraday so I'm not risking a squeeze higher. IEurAnalysis
- BFSGcapital replied Jun 8, 2012
Chickened out but I just feel as if I should wait until price action slows down, who knows maybe we see a 200 pip down day but im not going to risk it
EurAnalysis
- BFSGcapital replied Jun 8, 2012
This is why I'm going to learn to position trade, that great feeling of waking up to money. but I just feel so much more comfortable using s/r + price action (ive had bad experiences in the past i guess you could say)
EurAnalysis
- BFSGcapital replied Jun 8, 2012
Closed at BE-4 (2495), just not liking this action. Feels oversold intraday maybe NY will take it lower
EurAnalysis
- BFSGcapital replied Jun 8, 2012
Market is exhausted, 140 pips down in the last 12 hours. I think weekly pivot or daily s3 caps the down move today, if we even get that far (I'm certainly hoping we do)
EURUSD
- BFSGcapital replied Jun 8, 2012
thank you for reminding me to add weekly pivots and s/r levels to my new charts

EurAnalysis
- BFSGcapital replied Jun 8, 2012
reached first 5m exhaustion, at 2480, might consolidate for a bit here before more down, or we might just slowly spiral down here. Already too much drop from Aussie and Asia, and already 150 pips in 12 hours. We shall see.
EurAnalysis
- BFSGcapital replied Jun 8, 2012
typo, my bad. which is why i took profit, S2 doesnt break too often, but today I'm betting it will
But only betting after it breaks My daily s2 is 24919, i think IBFX has the most accurate daily pivot but I can't say for sure, I just know it gets ...EurAnalysis
- BFSGcapital replied Jun 8, 2012
I know you are just teasing
You are right though with the partial take profit, I don't want to miss some helicopter drop waiting to get in on a break of support. 3/4 or 4/5 sounds like a good amount to take off the table. I've cut my leverage in ...EurAnalysis