Yep. And keep an eye on right before London opens, if it shoots up there, then they're stop hunting the weak shorts before it falls.

EURUSD

Honestly, I think the highest it will go is 1.3254 then it will head on down to 1.3134. Then from there is anybody's guess. It might consolidate there before moving again.

EURUSD

Only time will tell.

EURUSD

Will do. Thanks.

EURUSD

Oh, just looking at the H1 chart and seeing how low it went today then adding the high plus the low then dividing it by two to see where price will come back to before consolidating for awhile then fall.

EURUSD

Okay, time for price to come down now.

EURUSD

How long have you been short? The reason I ask, is because yesterday's high was 1.3284. Just something to watch out for with SL that close to Resistance. GL

EURUSD

I'm with you on holding the short. I've been short since 1.3174 with no SL. My TP is @ 1.2864. Then I'll add to my position as it goes down. That's interesting about the VIX. Something I'll keep my eye on. Thanks.

EURUSD

If it breaks 1.3284, then it's a whole new ball game.

EURUSD

Exactly. And the long term charts are screaming at me, "Go short!!!"

EURUSD

Ouch! You moved your SL.

EURUSD

Yep. Big time. Ready and waiting.

EURUSD

You're right. I "should" listen to you more often. And as we speak, it's struggling to break 1.3263. Forget 1.3280. One R at a time.

EURUSD

Once it hits 1.3280, it should reverse.

EURUSD

Yes they do. Because it's more money for them.

Is 10-15 pips considered scalping and is it allowed?

Fris, with two dots on top of the letter I. Pronounced "Freeze." If you haven't heard of the stuff yet.Bottled by Absolut. It comes from Denmark. $11 and some change for a fifth. Good stuff.

EURUSD

I agree. I see a huge correction by the end of this week. My TP target is around 1.2980. Notice the lower lows and the lower highs with the trendlines.

EURUSD