And here is my 3092, as promised.

EURUSD

1-2 pips means nothing in the grand scheme of things, if you are worried about 1-2 pips, you are focusing on the wrong things.

EURUSD

DAX because we are euro driven, caused by peripheral spreads, that focuses traders on safety, the safehaven in Europe are Bunds, that is reflected in the DAX.

EURUSD

There is no long, there is no range yet, no pattern, no test, no fakeout, no retest, not even a consolidation here. Taking a long at 3084 is a punt, a gamble, a cointoss, no legit reason to take the trade, not from a tech level, not from a fundy ...

EURUSD

3074 is holding so we need to form a top, 3092 is that top, with a touch there we are going to consolidate, 3035 is not possible as long as this range is forming here, we need to pick up orders to get us through that 3074, it is defended pretty ...

EURUSD

test of 3092 will give us a consolidation 3074-3092 for a bit here. That fits in with what the Spreads and the Bunds are doing right now. DAX bounced of the earlier mentioned 6686, that is worth watching here to judge the money flow for those that ...

EURUSD

Eyes on 3092

EURUSD

3070-3074, no beans, at least you are looking at the right area. If you look at your 15 right now, you can see 2 bars right on 3074 (within a pip), that is no coincidence.

EURUSD

One swallow does not a summer make.

EURUSD

Yup.

EURUSD

Just in case you missed it, let it play out, let it show you the way, don't go jumping on a green/red M1 bar, 3074 is the key.

EURUSD

You have to be an informed trader, you always have to keep track of money flows, the only way to do that is look at the big picture, that includes the spreads, the FI rates, the CDS's, the indices and the correlation. Gold is holding steady (think ...

EURUSD

French and Italian spreads widening, Bunds testing the high, flight to european safety, DAX down, eu down. The focus here is on France. 3074 will lead to 3035, 3074 is the key, coupled with Bunds and dax on 6688 Just let 3074 play out, that is the ...

EURUSD

Nice try, but utter fail. Wrong news, wrong country, wrong reason.

EURUSD

Yeah they are, Bunds are testing the high, that is corresponding with 3074 in EU, once that high goes and the spread keeps widening for France, we are looking at 3035, should get a minor at 3060 first though. Just watch this 3074 here.

EURUSD

Keep an eye on France, that is the driver right here. Watch the flow of money, see what the Bunds are doing, they want to take out that high here, spreads still widening and CDS through the high. Don't ever look at eurusd in isolation, ...

EURUSD

Have a look at French spreads right now, 3074 is not going to hold, we are looking at 3035 here. Look at the French CDS

EURUSD

Ah ok, and what are Bund prices telling you right now? What is the Italian spread saying? What is the price of the CDS? still think it is a fake?

EURUSD

Ah, a pip out.

EURUSD

Nah, you should be watching 3074, look at Bunds, waddya see?

EURUSD