Actually... — I'm guessing this isn't far off. There will be more bank failures in the US. I'm just hoping it's not mine.

EURUSD

5580 - Linein the sand? — TOP LINE SHOULD READ: Line in the sand. (I can't spell for sh#t) Check out the psych level at .5580. Ignore the pivots. Notice how price acted as support earlier in the week. Then resistance yesterday afternoon and ...

EURUSD

Dude... — Let's move some decimals. You mean .5316? I agree with that.

EURUSD

5580... — Going, Going... Do I hear a .5550 close? I hope not. I'd like to sell at a higher level. Buy bulls BUY!!!!

EURUSD

Large Banks Selling — Some news this morning that several large US investments banks dumped their EURO longs. CTA's continue to sell on rallies. Sellers continue to dominate the flow today with only a few brave bulls making feeble attempts at ...

EURUSD

Like Cal Ripken a buddy told me... — I have a close friend that got me into this bloody game. Last week he said... You want to play this game like Cal Ripken. He rarely missed a game but also rarely hit home runs. Concentrate on hitting ...

EURUSD

LOL — I love the back and fourth.

EURUSD

Come EURO bulls — Run this thing up again so I can short it again. The day of the EURO is over. Keep this post handy. .5300 by November.

EURUSD

Cathching a falling knife — Price action is suggesting .5700 then a reversal but shorting a bullish move like this is like trying to catch a falling knife... you might get lucky and get the handle but odds are you get the blade.

EURUSD

Another Euro session I won't trade... — News out tomorrow in the US that's another market mover. GDP @ 8:30am and the expectations are it SHOULD paint positive. Again - I will wait until it's been released and watch price action. My guess is a ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks Marshy — I won't have to continue drawing them.

Psych Levels, Pivots, and Trendlines - Resurrected

Market Digesting dollar gains — Hopefully those following the thread were able to pick up a few pips after the secondary break of support. The market will likely move sideways until GDP and some movement north is to be expected. We are ...

Psych Levels, Pivots, and Trendlines - Resurrected

Wow... — You know... I never looked at the file size. If you read the old thread with the same name as this one you don't have to watch the video. It's just easier to watch and learn than read and learn.

Psych Levels, Pivots, and Trendlines - Resurrected

Trade set up tonight - Nope — I'm on the sideline until ADP. (Released at 8:15 EST) Once the numbers are out I'll wait until the noise settles. If we break the long term fib after the release I'll be looking to sell psych levels and pivot ...

Psych Levels, Pivots, and Trendlines - Resurrected

A look at the daily chart... — The chart below is a pic of the EURUSD on the daily time frame. Two things to note. Firstly - we are sitting right at a fib level... the last one until .5300 and it should hold through the Euro session... at ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks eyevoltage!!!! — I read your post on the old thread. Very kind words. Thank you. I will try to be better about keeping up.

Psych Levels, Pivots, and Trendlines - Resurrected

The real thing...??? — So - todays move was impressive but I'm not overly excited yet. Dollar longs today were fueled by outside factors... Oil weakness and equity strength not on its own merit. Is the bias changing... sure... but the Euro ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks matsf - Appreciate it. — Thanks.

Psych Levels, Pivots, and Trendlines - Resurrected

Looking for a Dead Cat Bounce — We should see some heavy consolidation around the .5600 level. Additionally it's a fib level. SHOULD... I'd like to see a dead cat bounce before I take another short but the EURO bulls aren't looking too ...

Psych Levels, Pivots, and Trendlines - Resurrected

Like I said before... — The EURO bulls are in serious trouble. We may see bounce but .5600 is in the cards.

EURUSD