I've been waiting for ages for the 1.3028 level to be hit so the big bear move south can continue. However, we're still in the bull correction in my view and until we get a move down to 1.2977 I'm not looking for shorts. Plenty of opportunity yet ...

EURUSD

Yes, so far so good. Will take 1/4 off at 1.3015 and leave rest for around 1.3044 which is around the ADR. Will then look for continuation entries after pullback.

EURUSD

Mmmmm, there's a real ding dong going on over that 95 number.

EURUSD

Yeah, shaky as hell but 95 seems to be holding up so far. Just got to follow the plan.....

EURUSD

Agreed fxnav, that's just below my second trigger point of 1.2973 if this one fails. BUT....by then I'd have to have my bear scanner on too.

EURUSD

OK, long at 1.2998 with stop at 1.2987.9.

EURUSD

Morning all, Feeling bullish until 1.2977 hit. Will then be on bear watch. ATM waiting for bullish PA at 1.2995-1.30 and possibly a last ditcher at 1.2973.

EURUSD

I smell something. Not sure it's a monster though. LOL

EURUSD

Same here. So hard to make a living ATM.

EURUSD

Anyone else feel completely ground down by this PA? Not taking heavy losses but have seen some decent profits snatched back today - I'm no scalper and like to hold for 60+. Really thought that move down to 1.3102 was the start of something but oh no.

EURUSD

That H1 chart is a real mess, just look at all those tails. So hard when your strategy looks for 60+ pip runs. Could this be distribution on a huge scale ready for the big plunge?

EURUSD

KiwiTrada, ForexLive list the options as expiring at 14:00 GMT. Are these different options perhaps? Any better source of free options expiry info please? Thanks!

EURUSD

Sorry but what is the value of posting stuff like this? You don't even show your entry and exit price. Completely meaningless self gratification.

EURUSD

Thanks for clearing that up, I understand now.

EURUSD

Thanks for your interesting posts today 200To100k. You say when the stops above the offer block are triggered then price will reverse. Surely those stops are short stops which will result in the execution of market buy orders which will take the ...

EURUSD

LOL, glad we got that sorted.

Aussie Trading Room and Cartoons Gallery

Sorry, obviously a misunderstanding there. The one liner followed my post on divergence and I wrongly assumed it was a reaction to that. Apologies.

Aussie Trading Room and Cartoons Gallery

If you're looking for certainty you're in the wrong game mate. Divergence is just another tool in the box to stack the odds in your favour, nothing more. All I did was explain why divergence setups may work - nothing magic about them - just waning ...

Aussie Trading Room and Cartoons Gallery

I share your reservations about indicators. However I believe when used to spot divergence, indicators can provide leading signals. Most indicators used for divergence show momentum. When price bars are closing away from their highs (getting wicky) ...

Aussie Trading Room and Cartoons Gallery

It's just the opposite of regular divergence: Regular: price makes new high but indicator fails to do the same Hidden: indicator makes new high but price fails to do the same I find regular to be more reliable.

Aussie Trading Room and Cartoons Gallery