Here is why I'm long:

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Some part of it is. url

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Did you heard about accident in Georgia with the train with fuel? Probably Russians blow it away and it destroys main railway route which carries oil from East to West.

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For me this formation url and Fibs are enough. Of course I could be wrong but I got some pips on this down movement so I can risk something on that bounce.

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me too at the opening.

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Hi, money management is not so difficult. You simply need to have larger average profit then average loss. So for day trading (EU moves about 110 pips) your SL could be about 30 pips and first TP=60 pips or more. With risk to reward 1:2 you "only" ...

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For me this is reversal url and I expected more then 40 pips up movement.

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That is FxPro. Looks like it's working one hour longer then others.

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This looks like good reversal sign that bulls are waiting for all day. Now wait for monday. Have a great weekend.

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Interesting thing that on FxPro market still working but on other brokers don't.

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Wait for confirmation to go long. Still it doesn't appear and now plays this big evening star formation from H4. Keep in mind that in monday UK don't work.

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For good long confirmation will be M30 or H1 close above 1.4820. Then will be less risky to go long. Now 50/50 with hoping that it will close above that level.

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ok, there is M15 confirmation so little long. Add position when M30 and H1 close above 1.4820.

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M15 need to close above 1.4814 for up confirmation and M30, H1 need to close above 1.4820 for stronger confirmation. Last time I don't wait for that and I paid SL. Patience...

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Nice, stopped out, I don't wait for M30 and H1 confrmation.

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I'm long @ 1.4840 with target 1.4900.

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now situation looks better, on all majors are reversal patterns. Long after H1 close. But the best confirmation will be when next H1 close above 1.4848.

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now not so ptimistic for long run:

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jeszcze troche bym poczekal. Still waiting.

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still no confirmation for me. H1 looks good because of Doji. Next H1 candle should close above 1.4849 then there will be morning star formation on Fibs support so nice up confirmation. That's the plan. If not, then wait for another up confirmation.

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