We trade 1.3085 in very thin very late NY conditions... 1/2 hour before Globex close for the weekend... This is a very good place to be adding to shorts if you are a bear.... The Zone from 3080 to 3120 defines former major support area that should ...

Euro/Dollar

Short term low appears to be in in EURUSD completing wave 3... Stops hunt below 1.3000 completes the pattern. We are now correcting, which should be in three waves, before heading through 1.3000 to put in a wave 5 bottom.... (not today)

Euro/Dollar

Here is a trend line that is of interest on the daily chart.... should we actually get established below 1.3000, while 1.3123 stays intact to the upside.... 1.3123 must stay unmolested for my current bearish stance to continue.... if broken to the ...

Euro/Dollar

Option barrier at 1.3000 is now toast... this paves the way lower...

Euro/Dollar

I had to book a loss as the first trade of the year as 1.3058, the 1.618 extension of my proposed wave a was exceeded, and then 3040 gave out, the bottom of prior wave 4, as we traded decisively outside the base channel... As noted in the post ...

Euro/Dollar

Still Bullish... Still Long... China and Japan out today, with thin market conditions trips massive stops below 1.3145, but chart still shows corrective action at 1.3130. Staying long given the intense support just below, and the size of the up ...

Euro/Dollar

Mission accomplished... I'm sure that flushed out any weak longs that are going to be flushed.... Traded as low as 3155.... Smells like a central bank stop hunt.....

Euro/Dollar

3180 tested and holding thus far... If it gives 3160 will be tested in quick order.... Fix is over, Europe closed so expect volatility to not exist to test 3160 today...

Euro/Dollar

EURUSD trades 1.3190... This is still corrective off move off 3308 high... Volatility off LOndon Fixing driving out weak longs.... I am not worried on my larger trend Bullish view until the lows of 12/16 taken out... 1.3140/50.... Still Buying ...

Euro/Dollar

Still correcting...

Euro/Dollar

Welcome to the game... Its your money... you have to pick the direction.... watch a while if unsure...

Euro/Dollar

Here's the pattern from Prechter's... just a possibility at this point... I am asking myself what would the count be if 3233 gives way....

Euro/Dollar

Scratch that... I may lighten up there, or not... depends on PA... My position size is still small. Here is another scenario if 3233 gives way.... A flat correction may be unfolding.... Flats are counted as 3, 3, 5 waves in an ABC, where wave c is ...

Euro/Dollar

Moving my stop to Break even 3223.... opportunity to reenter lower would present itself most likely if 3233 taken out.

Euro/Dollar

Should the recent lows of 3233 give way at this point, a test of 3180 and 3160 areas could follow... Always pays to think of all the different ways it could unfold.... To me 3172 is a critical level to hold, so I don't welcome a test of 3160 at ...

Euro/Dollar

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Euro/Dollar

I caught some fills down to 3235, and am now cancelling any unfilled buy limits... I increased my position size by 50% and ....raised my basis 11.5 pips, to 3223... building for a big run at 3380... We trade 3275 in an impulsive fashion on a small ...

Euro/Dollar

Here's the pattern out of Prechter's...

Euro/Dollar