yup i agree, looks like they are dumping it at the end of the hour, let's see if the 1hr still looks good at close

EURUSD

daily s2, morning star and hammer pattern on 5m, break of trendline now *should* act as support if the retracement is here

EurAnalysis

and watch break of trendline, now should be support (if the retrace is for real)

EURUSD

watch daily s2, 5m hammer and morning star

EURUSD

daily s2 holding with 5m hammer, i know that one of these times im going to sell the wrong rally cautious here

EurAnalysis

I will after I stop for today

EurAnalysis

Haha I agree probably a good area to get in. Testing daily s2 now

EurAnalysis

vicious down trend, selling rallies and feeling a little better about missing that whole down move.

EurAnalysis

should have kept my mouth shut. told you i was going to be sick. can't watch, goodbye and good luck

EurAnalysis

I think I'm going to be sick watching this. Surely I can't get in now, but it seems like it's going to slam through 1.26. Have a good day everyone.

EurAnalysis

True it was a choppy rally. By hard I really only meant it was good for about 70 pips.

EurAnalysis

Missed it. Did not think it would retrace, only to give it all back so fast.

EurAnalysis

WTF just happened? Why did we rally so hard only to roll over so heavily? no news or anything, just a bulltrap? I'm so... ugh I know. EU is dead in the water

EurAnalysis

That's where I took profit too. Will be looking to re enter this on a PT recommendation (hopefully above 100.50) Edit: EU looks to be rolling over and dying, doesn't look like a pull back move to me. let's see if 1.2685 caps the move. I know, PT, ...

EurAnalysis

thanks for reminding me not to be so hard on myself. true, recognizing the opportunity and not taking it is better than not recognizing it at all. still, the amount of opportunities i have missed that i was going to take lately, is staggering. but ...

EurAnalysis

Yeah, that is true. I definitely wouldn't use much leverage if any on a trade I followed from someone else and especially one with 150 pip stop loss

EurAnalysis

Thank you again! ~0.8% gain (much more than I thought I would get out of it, 100 pips at 0.5%)

EurAnalysis

almost scalped EU at 1.285 with 20x leverage... there was just no way it was going to keep surging through strong resistance. kicking myself for not doing it now as we have a 15m g.doji

EurAnalysis

4HR pin bar/hammer, whatever you want to call it. on EJ. , closed for +170 total, thanks PT!! here's what I have for EU never erase major trendlines, they act as support long after they are broken as resistance.

EurAnalysis

short EJ 100.94, if im expecting this thing to go lower (which i am), that was basically like scalping long for 17 pips. correction probably not over but i wanted to make sure i got back in at a decent spot

EurAnalysis