But your everyday, or weekly news doesn't change a trend, correct. If a trader looks at the bigger picture, (larger time frames), then the moves on the smaller time frames are just corrections, before the continuation of the current trend. Like when ...

EURUSD

The financial crisis of 2008?

EURUSD

Thanks. I'm wondering if price will wait to do something until the ISM PMI comes out in two hours or not.

EURUSD

Same here. short @ 3545, tp @ 3512, sl @ 3555

EURUSD

That's what I'm leaning towards. First to see what it does if it gets to the 1.3552 area, then eyeing possible downward movement towards 1.3407

EURUSD

And it's that same area of consolidation as the end of last week. Just wondering if NY has anything up their sleeve today, after London closes.

EURUSD

It's trying to break out to the upside.

EURUSD

Agreed. Now targeting 1.3636, if and when it breaks through current price.

EURUSD

Very. Waiting to see what price does if it touches 1.3566

EURUSD

I think I'll leave this pair alone for now and go back to scalping the NZD/USD, like I did last Friday. 20 pips up, 20 pips down. Wash, rinse, repeat.

EURUSD

lol Bacon and eggs sound good with my French roast. And look what price does now, slowly creeps back up.

EURUSD

Damn. Just now noticed that. Sorry about that. Yes. long. Where's my coffee? lol

EURUSD

Yep. And just got stopped out. That's what I get for trading before my coffee.

EURUSD

Just woke up. I knew I should have went short when the market opened yesterday. short now @ 1.3570 sl @ 1.3555 tp @ 1.3641

EURUSD

LOL! Congrats. I wish my broker opened an hour earlier. Could of made over 30 pips on the AUD/NZD. Itching to go long on that pair, but will wait to see what it does at the daily pivot. Also noticed price on this pair just touched the DP and is ...

EURUSD

I'm looking at 1.3733 and 1.3564.

EURUSD

It also bounced off the 50 EMA on the H1. And can't forget the daily pivot.

EURUSD

Just noticed that, too. What's up with the AUDNZD? Taking a dive like that?

EURUSD

Price even knows when time is up, as it lines up, waiting on nfp.

EURUSD

short @ 0.8430 sl @ 0.8440 tp @ 0.8355 I waited for the past hourly candle to close, after it touched the 45 degree angle from the swing low on 01-28-13, before shorting.

NZD/USD