covered yn short eu @ 1.0737 usdx will probably fill the morning gap down EDIT: should have kept my original postions. first time in 2 weeks I whipsawed myself in Asia session and paid for it

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

This morning I'm short USDJPY and long EURUSD, AUDUSD is ahead of EURUSD if AUDUSD backs off, or if USDX goes up again, I'm short EURUSD

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

That was a NEWS type reaction, although not huge, the only thing I could find was these 3 min before.... US The Retail Economist/Goldman Sachs Chain Store Sales +3.2% On Year US The Retail Economist/Goldman Sachs Chain Store Sales +2.0% In Nov 7 Wk ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Distance from daily midpoint of USDX and EURUSD one bar prior to drop...RED line is daily mp. Although the relative distances were opposite, this kind of PA occurred before the 100+p drop a few days ago, where one was trading near mp and the other ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

This move has convinced me, especially in this environment, to track the USDX side and side with EURUSD, bar by bar, divergence by divergence

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Closed one out and went short again at 1.0704

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

btw this move is dollar related...will affect all USD pairs....see USDX

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Was reading here and was going to post how dangerously close to daily mp USDX was trading and the second I went to print the chart, the bugger spiked up big time, cost me 12p on releasing the long a second too late but made up for it with a quick ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

funny thing is...100p from here is actually feasible. this EUR/USD is real funny sometimes. there's probably enough short volume at spread out intervals that just the incremental covering would move this to 1.0820 Just had a touch of that 12hr open, ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

pa is stinky right now if it weren't for that W like formation at 20 to 24, I'd go short this action, instead I will wait patiently like a good scalper and hopefully be rewarded for it.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

betting on at least 20 from the swing low 12hr mid which is also 4hr mid from 12:00 is very sticky at 33, from there we have the opens for the same periods at this time at 36. 2hr open support from 14:00 is at 28, a little congestion and a 10p+ ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

nice observation and call. got out of a short and reversed long around there although we need a poke and trades above 33 and 36 to make it stick. those are opens and mids from 12:00...the second 12hr cycle of the day image

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

a move to 710 would be a whole new short cycle to 1.06x, I think it's going to happen but I'll be out well before then. thank god mm's can't move the market independently of the market. hunting a stop 25+ pips away mean a whole freakin intraday ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

USJP looks like it's going to make a run for 125 which could mean down for EUUS

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Thank you. Hint received. Take profit of long at 40 at 55/56. 15p. Don't be greedy. I putzed around with some indie I found and modified it thinking it would help. All it did was mess me up today. I'll just stick with my custom made SR lines.

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Long again from 40. Should consider trading with 40p SL, but would that be considered scalping?

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

nice timing on the exit. i got stopped at BE and with minor losses on that last swing

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

The most diabolical move would be back down to 35/37ish and then straight back up to 1.0820. It's been done so many times before with so many symbols... If it doesn't hold 43/45 here...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Oh what a nasty stop hunt that was, usually there is at least one in the early Asia session, but they were saving it for just now...good thing I was in front of the monitor and moved my stops out of the way....bast***ds...now the downside has been ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

loaded up more at 54 and 55 and at 62 real move should begin soon, expecting over 1.08 long sig is 100% validated for me

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only