Price went to 15m exhaustion (because of last week mostly) after that small rally.

EurAnalysis

troll? typo? damn i was going to short 1.2783 but thought "its too early in the week". go to get some food come back and were 15 pips lower. I wish I had 100% confidence in myself. edit: make that 20 pips

EurAnalysis

No, 1.328, the peak from the last serious up move (1.30-1.328) before hitting 23.6 fib as resistance not support, as well as hitting the trend line from 1.348

EurAnalysis

My bad!! I thought I only saw about 200 pip range on there That is the whole move alright Oh yeah I think I meant the longer term channel, is that from 1.348 (leap year massacre)?

EurAnalysis

I still like using the entire move. Using that I am showing resistance at 23.6 retrace, to the number. Here's what I got.

EurAnalysis

Would be nice to see a larger time frame, to see where those channels are coming from

EurAnalysis

Can you explain why??? If anything don't you mean 1.3065 (the peak from the last retracement off of 1.2955?? The only thing I do differently than his chart is place the two ends at the very tip of the wick (not the body)

EurAnalysis

Just thought I would share this. Here are my new trade parameters for day trades. I will come up with some parameters (using the algorithm and exhaustion)for initiating positions that can run for 100+ pips that are not day trades. This is just ...

EurAnalysis

I wouldn't go that far yet. Just looks like some much over due profit taking to me and maybe a retracement that we need Trendline from 1.3280 still has to break, plus a previous bottom at 1.282

EURUSD

Sitting at 125 pips off the lows now. And the way it traded today, definitely violent and extreme. Those were large shorts closing positions I'd say Or covering or both because they are greedy Definitely I do He's a great trader hes just a ...

EurAnalysis

Stop placed just above the highs with another short here at the highs, with 3 pip stop. Edit: stopped out, got greedy, now price will probably come down after getting stops taken out too close to green line i think. thats it for me today folks ...

EurAnalysis

I won't! A few hours break after the close and I'll get working on it

EurAnalysis

Yup, but it still feels exhausted. And 170 pips in one day to the upside,,, doesn't seem likely My stop is half of my profit on the last scalp.

EurAnalysis

short at 2775 again (exhaustion), tight stop, betting on a double top here

EurAnalysis

Yup, perfect time for the big boys to cover. I heard that netshorts haven't been this high since 2008? 2757 holding here and now nearing the 5m, 8EMA.. i am out of my short here like i said Here is the daily message from the trader who does the ...

EurAnalysis

Mine is showing $38 and I thought IPO was $42 not $38, my bad

EurAnalysis

HAHAH. Where do you find all these great images so quickly

EurAnalysis

2757 I will close other half for +20. Not messing with a break of the previous highs, its new support IMO. LOL facebook, never got back to IPO price url

EurAnalysis

I think I need to write this on my wall somewhere. Lol. What a powerful looking daily candle.

EurAnalysis

2778, Closed half for +15 letting other half stop out at BE

EurAnalysis