8 minutes i think ^

EurAnalysis

1m algo just went bearish, but only barely could be a fakeout. still to me it looks like it wants to pull back from here. we agree to disagree shall see how 1.26 holds edit: closed half for +9, s/l for other half at 2629

EurAnalysis

thats what its all about. lots of pips and low leverage (i see you use 3x, this is what i like to use as well, 5x with tight stops)

EURUSD

short e/u 2622, stop 2631, maybe just a scalp,hopefully not edit: wow, half my short from 95 with s/l at 2627 just barely missed.... come on R1 hold!

EurAnalysis

very nice. gbpjpy looked like the best way to play BoE decision, huge move

EurAnalysis

eurjpy is going nuts, but it reached our 2nd exhaustion level on 5m at 100.57, very rare it goes past this intraday. edit: also 100.60 is a good resistance area

EurAnalysis

thank you

EurAnalysis

Agreed, im thinking another push to 1.262 is all we get (if that) and that caps it.

EURUSD

Love me a bearish engulfing pattern on 5m, 15m g doji, PA is bearish seems to be turning bearish now, but they do love to paint charts now don't they

EurAnalysis

Oh sure just use R2 on the number. 1.2666 only if benny hints of QE, i say he disappoints, or he hints at it today and then disappoints on the 20th, but i only say that because my mentor does my mentors tweets, lol Can Weimar Ben deliver the ...

EurAnalysis

I wish I was as good as you So many things to remember, and you are right about the 100-130 pip daily range. I definitely need to keep that in mind, kind of like dynamic support and resistance. Price can only change so much in one day. ...

EurAnalysis

in your defense PT, i almost never fade my algorithm, which is long in all time frames. except daily, weekly,monthly probably will get stopped out but seriously, its freaking 1.262! good luck!

EurAnalysis

It's funny how I knew I should go long after NFP initial surge retraced that much but did not. However, I certainly did not expect this big of a retrace. Maybe 38.2 fib retrace will cap it, 1.2670 area edit: this is why I scalp, far more profitable ...

EurAnalysis

just seeing no reason for breaking through this extreme resistance area here. its ALL GBP causing this..imo. only 30 pip move from euro, 100+ from gbp i also dont see how it could be a bull day when NY yesterday into London today have already been ...

EurAnalysis

thinking gbp move will cap at 1.56 for today, hopefully that puts Euro at 1.262 cap

EurAnalysis

down? lol, im just thinking its not going to break 1.262 today, but i have no idea where.. maybe back to 1.25/10 for now? edit :or back to daily pivot 2533, I just dont see how/why we would go higher, technically but especially fundamentally. I ...

EurAnalysis

Once GBP pulls back that's it for the euro holding so strong here

EurAnalysis

Guess I missed the party what's great the GBP move is that it wasn't a 100 pip 1minute candle, you could actually catch this momentum if you were listening to rate decision live edit: closed half of eur short at 80, hopefully that will give me ...

EurAnalysis

gold doing nicely, check out this vid. video i seriously hope we get to $21 silver because i am cashing out 80% forex cash and buying physical if we ever get that low (doubtful but look at 2008) because with forex leverage you dont need your ...

EurAnalysis

So majority of analysts expecting unchanged, and we get unchanged, and the market is this surprised? Hmm

EurAnalysis