Some of these guys kill me... — Often the desire to be right stands in the way of being in the money. Wait for the bounce. <-- How long have we been waiting for this. Another great line - Our indicators are oversold. If I were you guys I'd be ...

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I hope so... —

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The break of the PP... — That was about as easy as they come. I usually don't trade more than 1 lot/trade. 3 on that move.

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This is the post you need to conectrate on... — Buyers will do everything they can to keep this dog above the PP. It won't work. US desks will kick this pair to 45 before 10:00am. Nice post dude.

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And their featured lesson is: — Money Management url Great article even if you're John Arnold.

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Here's a great site to start learning FX... — url

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That's a vaild questions — You'd be surprised at how many people don't know what the bid and ask are. Anyway... he sold some at 1.5480. Additionally... he as a limit sell order standing at 1.5508 ... which means when the price hits that level ...

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— and that's about the only things that's going to keep this suckers rally intact.

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Eyevolatge trades the g/u — I'm strictly on the e/u.

Psych Levels, Pivots, and Trendlines - Resurrected

Yeah... Join in... You don't have to ask — Exactly. Yes. share away. EV and the others on this thread are great to interact with. Welcome.

Psych Levels, Pivots, and Trendlines - Resurrected

Respectfully disagree... — Price action is telling us otherwise. The 'bounce' should have come after the Fed announcement. Some consolidation is in order but I continue to see weakness.

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Some consolidation seems in order but... — Any real move north will be sold so you are probably correct.

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Well... — When price hovers below .5450.

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Not quite... — You are looking for a sustained break.

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Why are we stuck here... — Well, If we travel back to June 16th we can see the pair found solid support here. Price is hovering right at that support... almost to the PIP. The attached 4H shows recent support.

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Welcome to the factory... — Well... it's been posted several times prior. The announcement was priced in. There was no surprise and the comments didn't really tell us much. So...now we wait.

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The bears still in charge — Look for a NY close above .5550. If we don't get there I see more downside risk. It does appear we are building a base but that could be a shakeout. I'll sell any move below S3 and buy any move above .5500.

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ditto — This is why you stay out during tier one releases.

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UHHHH... — Say what?

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You are correct — But it would be a lot more fun to guess. If price is any indication I'll go with south. m

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