"C"... C is the letter of the day! "C" stands for : consolidation. Aka God: guys, it's Easter weekend .just pin it to 1.23 and throw in some brownian motion...

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Looks like we are at a DOJI on the Daily chart for anyone who has EST charts. Is interesting also.

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Looks to me like 1.2315 on the upside will be resistance/needs to break for the BULLs. And of course, 1.22870 needs to hold for LONG. Been rough. REALLY hoping 1.2315 breaks here soooooon! Would be incredibly awesome to get a roaring rally ...

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It is probably good news to bet against me... because I've been so horrid lately...

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So yeah... looks like it is sticking to this "will 1.22870 break or hold?" narrative. Haha! I'd say break given the current action and I'm peeved. haha. Question is will it be a quick stop run, or a YUGE fall?

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Just added a bit at 1.22945 on the thesis on two posts above. I REALLY could use some up action though as a LONG.. haha. **As mentioned, for the LONGs, 1.22870 should not break.** Else, bear case. Been waiting. I'd want/expect nothing DEFINITIVE ...

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I'd almost bet on/look for a quick spike down to 1.22870, then pop back up from there... here soon. If it goes below that, and consistently/significantly stay below, then I'd predict BULLS get absolutely TOASTED. It is at a real inbetween phase here ...

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It's been a rough 30 trading days... I'm now looking for any news I can get to try to figure direction! Haha, you are probably right and this is making it worse. I've made $ overall, but it has been hard (at least for me) to be consistent ...

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Ah hahaha! Now for the UoM stuff - if that is low also I'll lolerskates: Chicago PMI: 57.4 62.1 61.9

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Tick chart makes it look like BIG buys (LONGS) here now. Now we wait for the low downside surprises that are coming up on CHI PMI and UoM consumer sentiment?

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Anyone know what just happened? RE the spike up just now... haha.

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A lot of US and Europe is off tomorrow. I'm/was thinking that would have the potential to make moves more extreme - even on small news.

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Wait until they realize that DJT does not do any actual work... hehe But I jest. I'm mainly peeved that I'm long off of 1.22870 and not seeing any upward progress. I'd have thought we'd be a lot higher at this point now. But hey, it's FX. Haha =D

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Hmm... US unemployment claims REALLY low compared to forecasted. Wonder if 1.22870 will finally be breaking today...? 1.22870 to me is the number that switches from BULL to BEAR. Keep in mind: tomorrow is a German bank holiday, and a lot of the us ...

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Bears today are like: url

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Awesomely low risk to go long here right now IMO. already was a bit, so bulk of my position is at 1.2340. Last 25% I picked up at 1.2322.

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If it breaks 1.22870, feels like it could get pretty bloody for the bulls. right?

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Seems strange to go bull when US GDP comes out at 2.9 vs 2.7% - stronger than expected. are you thinking that this news led to good prices here?

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Went flat on the GDP news: being 2.9 instead of 2.7. Took 5%ish gain off the table which I suppose is good. Wonder if I will regret it... Real strange time in the market though... can't get my bearings between should it be long or short, so might be ...

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Central bankers convention... haha: video

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