I completely lost you there. Anyways, it's been a good trading day. Doubt I will be trading the US open today. I'm happy with what I've got today, so will probably head out for dinner and the movies. So good luck to everyone who's sticking around ...

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Driver, How many bloody monitors do you use? And surely with the amount of money you're making with those many monitors, you can buy some high-end big screen LCD ones?

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Price needs to break and close past 1.2880 in the 1H timeframe for me to even consider shorts.

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I agree with Psiholog. Once 1.2865 is broken cleanly, I might be willing to take a quick short scalp to the daily pivot (1.2850/1.2855).

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One more thing, I personally will be looking for a long near the 1.2820 price range. And load it up with small positions if it goes further lower than that.

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Personally, I wouldn't have done that but I may be wrong. It's due a move down at least, before it continues on it's uptrend. I can see it retesting 1.2880, or even to the lower trendline channel, before it tries retesting today's high again. ...

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Candlestick, Looks like we both have two very different views. Some room to think about for me though, seeing that I opened a small short position again at 1.2940. Tight stop loss in case things turn out like you said.

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Take a look at the two rectangles I've drawn on the chart. Those with more experience, here's a question. It looks very similar, and if that's the case, we might be looking for a big move down.

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Check that. Closed out my two standard lots for +20 pips. Not about to take a chance, not knowing if price will hit the upper ceiling or move towards daily pivot. Looking at action on the 1M timeframe, the next upmove will probably determine on ...

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I'm short from 1.2940. Taking a ride down here. Already closed half the position for profit. Not sure on what price action is going to do, although I'm fairly confident it will have to hit daily pivot sometime today.

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Here's a chart.

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Price will retest 1.2880 again before this day is done.

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Thanks for the opinion. I'm holding two short positions right now, one at 1.2920, and another at 1.2905. Profit target is at 1.2850. Stop loss is still open at this moment, but mentally it will be just above yesterday's high. It will all depend ...

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Jay, What about intraday though? I don't think it will continue all the way up without making a retracement to at least 1.2880/1.2850. What do you think? I'm fairly confident of this, but an additional opinion is very much appreciated.

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Well Jay, you're the guy with the experience. What do you think? Any opinions?

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It looks to be nearing the end of its current up move though, with the final move of maybe tapping 1.2940 before heading down towards the daily pivot point of 1.2858. I may be wrong, but it's very unlikely that it will blow past all resistance to ...

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If current 1H bar closes below 1.2920, I'd expect the down move to happen pretty soon after that.

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I'm expecting them to bring it up to a position in which to start shorting. When it starts going down, I'd expect it to be pretty quick, so that it can be brought back up again later in the day to retest yesterday's high. I'm still holding on to my ...

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Short to at least 1.2800. Will close half of my position out at 1.2850, and let the rest ride down. Euro session should see it test yesterday's high again. Buy limit order at 1.2800 if PA agrees later.

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Umm... Daily Pivot are two words?

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