Possible strong short covering rally and squeeze for smaller TF shorts. — Looking at good size stops past 1.3140 , their covering alone go take us far. This is for someone I know. Enjoy and gl to all. image

EURUSD

Long — Long play was not invalid. Congrats to shorts. Very sharp move here. Yes, I took a hit, im covering a bunch here @ 1.3113-15

EURUSD

Yep, just dun get defensive. Shorts are certainly valid. I think what turns a bunch of people away from this thread and just forums in general is how hostile people treat others if they have an opinion counter to their bias or trading position. Have ...

EURUSD

Followup — I pointed out the bull flag in the context of a 4 hour chart to show the divergences. It could play out, but its showing too much divergences for my taste. Momentum is not on your side and the accumulation of prior weeks in the ...

EURUSD

Chart — I respectfully disagree with your immediate USDX bullishness. Know that EURUSD consists of 70% of the USDX. The USDX is a weighted instrument. But its already showing weakness, at least for the intermediate term. This is pretty ...

EURUSD

Follow along with price action. I understand if you can't keep up. Its an acquired skill set. You want to see a chart after each candle close? Just follow along already. Its not like my chart is going to show you some breakthrough. A bare chart is ...

EURUSD

Lets see — We formed many bases, the thrust is coming. Upside 1.32+ break is imminent in my view now. For newer traders, frankly you can see declining momentum. But look at the consolidation levels. Now look at last weeks consolidation and ...

EURUSD

I agree with the direction, entry is a tad sloppy. But who gets the entries right all the time. Hell I wasnt expecting the consolidation to last this long. The selling is persistent. A strong seller is defending their position (maintaining momentum) ...

EURUSD

. — 1.3180 is where the action begins. Why not break apart your trade and take a portion out @ 80 and let some ride or trail it with 35 pips or something. The action is going to start when we break there. If we reverse, then fine, but I doubt ...

EURUSD

This consolidation @ 53 is what we need to challenge 80. A real shot at 1.32+ is there now, much clearer. You guys see it or are you still on the bear flag theme ?

EURUSD

Volume — Yes, I make my broker very happy. But with the volume I do, my commissions are very low. I get a commission rebate as well because I sometimes have stops as tight as 0.5 pip from my entries.

EURUSD

Imminent break — Still long, that move down caught me by surprise. But the dip got bought up quick. A strong seller is still trying and 53 is a level to watch. As I am typing it gave way for a second... Lets see what happens. Still long. We ...

EURUSD

Watch — Hah a big player is trying to see this trade through, all the shorts are coming from ABN Amro, I think the offers are going to let up soon, the fight @ 53 is going to be telling. Someone is defending really well, I cannot match that ...

EURUSD

Fake out short. Beware. — Buying this dip @ 45 here is your chance.

EURUSD

Read my post, I mentioned my target its plenty far away. The post which you are refering to is an example. If your comprehension reading a simple paragraph is so bad, good luck to you in this business.

EURUSD

Always hunting. If we cant sweep 75 then its not good. I am not getting on bid anywhere in here, only if we break and then come back to support @ 80 ill get on bid there. This is where the market does its thing. No need to use any more ammunition ...

EURUSD

I am sharing with you levels and opinions on moves happening. I will share a chart when necessary but its not that different from anyone else's chart. Believe me, you do not need a whole bunch of indicators to read what is going on here. I am even ...

EURUSD

A little bit of effort to look back wont kill you. But if you keep trying to call me out here.

EURUSD

Incoming — Time to sweep whoever shorted that @ 75

EURUSD

Heed this. — I hardly ever go more than 20:1. Slippage can ruin me. Trade long enough, you well get slipped by a figure one day and man o man will you regret. 500:1 is statistical suicide. If you use that thing to the hilt .. I mean margining ...

EURUSD