i went ahead and put a small short in with a very tight stop. i'm thinking the wall might not be broken just yet. image

EURUSD

.2515 is going to be a tough to break. that said, i don't think we've seen the bottom for the week but i'm not so sure of that as to enter a short right now. i'd feel pretty comfortable shorting at 1.2610 looking for 100 pips. it may test that .2500 ...

EURUSD

just as i predicted. well, i was off by 8 pips but sure enough we hit that important previous low spike level from 11/4 and the eu bounced. i closed all but one of my trades at that 1.2525 level and kept one open moving it's stop to 60 pip profit ...

EURUSD

So we just broke out of this Diamond which had a top formation right at the 39.2 fib level. I was expecting such a move and had shorts from the 1.2740 area. I'm expecting this thing to eventually hit the lower wall of the next diamond pattern which ...

EURUSD

i wouldn't recommend trading against the trend at this point, just my 2 pips.

EURUSD

wow, i woke up this morning to find two of my shorts from last thursday both had 400+ pip profit and hit my TP at 1.2350. i'm still a bear on this pair and have re-entered with a stop just above 1.25. good luck everyone!

EURUSD

still have several shorts with a pretty wide stop, i'm thinking there's more room to the downside. i have 1.289 as a daily pivot. if it breaks through 1.290 we could see 1.3050. i'm targeting the 1.25 area. it sounds like many of us are in look at ...

EURUSD

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EURUSD

they're voting now...

EURUSD

yeah, didn't see that coming.

EURUSD

there seem to be a lot of empty seats in the house right now. you'd think it would be packed.

EURUSD

that boundary is certainly a resistance area. i'm debating whether to exit my short now or see if this thing keeps going. i locked in profits about 40 pips back.

EURUSD

my results have been just the opposite. this has been a great week for shorts. i do think we'll see a pretty big re-trace but for now i'm continuing to ride the wave down.

EURUSD

it passed, now where's the movement?

EURUSD

wouldn't that be a nice ROI?

EURUSD

if the bailout passes the senate EU will take a pretty big drop before we head north again.

EURUSD

well, i was selling last night and this morning. now i'm looking for buy opportunities, it looks like we're headed back up to .46 but rangebound until the deal is done.

EURUSD

what just happened???

EURUSD

EU dropped because of weakness across the EU and germany's recession, along with news of overproduction on oil. lehman is looking at bankruptcy. news does happen on weekends and this is certainly no exception... url

EURUSD

this movement explained — i know a lot of folks here aren't big on fundamentals but this might be a good time to pay attention. we could see a pretty big meltdown in the banking sector this week in the US and that's why we're seeing this ...

EURUSD