is the USD just strong at the moment, or the Euro weak? I think both thats why we are going so low

EurAnalysis

I do that too but when the market moves quickly I will take advantage. But I certainly dont get as much range as you do on moves, and I'm working on improving.

EurAnalysis

Out for +6 but didnt go short, although the trendline held again.

EurAnalysis

I'm thinking the trend line from 3065 is going to break here

EurAnalysis

I'm out at 1.301 went long at 3014

EurAnalysis

I knew I should have got short at the trend line. It would have been worth risking 5 pips to me. Good thing I'm still half short from 1.302, not the greatest entry but its in the green now.

EurAnalysis

Yeah I agree. So you think Euro will go higher in the short term here? The chart would look really strange if it was to fill Fridays gap. trendline from 1.3065 being tested here

EurAnalysis

daily pivot, 30m (21 ema) and falling trend holding. Not a bad place to short with a tight stop

EurAnalysis

I would think that way if history showed that was correct but in my experience market talk of bids and offers usually are pretty close to the good levels anyway. It does make sense that they would want to telegraph the opposite of the position they ...

EurAnalysis

Looks like triple bottom here in the short term. We'll see

EurAnalysis

Thats what I'm talking about

EurAnalysis

Market talk of BIS selling Euro today lol. So doubtful we correct much at all. But a nice bounce here off 50% fib

EurAnalysis

I initially closed all positions but scaled back in 1/2 as well at 3019. I don't see any reason that we should retest 3065 at this point though. It actually does look like we are going to test 1.296

EurAnalysis

Out of all shorts 3015 Looking for break of 3010 or a nice entry higher to get back in 3010 was 50% fib retrace

EurAnalysis

Added the 1/3 back short again at 3028. Didn't work out as planned! Got back in a few pips worse than the TP. just need to walk away from the computer and let this sucker ride until London, i need a break anyway.. See you all in a few hours im sure

EurAnalysis

Why1.3010 and not 1.30? And 1.302 should be good for at least 8-10 pip bounce or so. And yes so it's deciding the next move, so when it breaks I will go short the other 1/3 of my position again Thanks for all your help, I truly appreciate it. I love ...

EurAnalysis

Yeah I definitely agree cut the losses very quick. and it doesnt seem to want to break this daily pivot yet my short at 063 with 5 pip stop only risked 0.5% capital. but 50 pip move would give 5% return. i never risk moire than 1% on a trade

EurAnalysis

Yup I got 3063 But if its going to bounce higher here (to give London something to do) then Ill look to get a better short, but i only closed 1/3 of my position near daily pivot I have some obsession with taking profit.. lol. but i always re ...

EurAnalysis

I'm cautious here, decent bounce off of daily pivot. I'm still 2/3 short but I will re enter other 1/3rd short again if daily pivot breaks, only about 5 pips off where i got out.

EurAnalysis

You are right this probably has more room to run (before main sessions i mean) I'm just scared of the daily pivot plus 1.3022 is decent support I just need to trust in these EMAs though... price hits them to the number then continues the move. this ...

EurAnalysis