Hmm, yeah I see possible double top here if lower resistance fails to hold, no down momentum on higher time frames, H4 MACD has zeroed again (although went negative for first time since start of rally on 19th Oct), but that is to be expected in ...

EURUSD

Given the falling trend line, previous resistance and psychological 00, I'm now seeing 1.40 as being the next key level to the upside...

EURUSD

laying on rail track waiting for the train to come springs to mind...

EURUSD

Could be mid trend profit taking, but I think fundamentals may be in flux again and that is a powerful candle pattern on the weekly...

EURUSD

You're Gold, wkly chart certainly paints a bearish outlook... Likely risk appetite also moves in waves...

EURUSD

Hi Malcolm, atr based on daily or which ever time frame you're trading? Also I assume you're talking about trailing an open position that is in profit. What I'm angling at, is initial stop distance for entries, assuming you're buying into a bold ...

EURUSD

What are peoples' thoughts on optimal stop loss distance from your predefined entry level (support or resistance)? Specifically based on EU characteristics... If it overruns, usually by how far? 15, 20 pips?

EURUSD

Need a decisive BO one way or t'other... Pls no more of this rangey, choppy crap... 970 looking good for a short entry...

EURUSD

Posted on forexlive.com... Let’s gaze into our crystal ball for a moment. It’s Monday morning in Sydney: The G20 has passed with nothing approaching a framework on exchange rates/current account gaps. What’s EUR/USD gonna do? My guess is we rally ...

EURUSD

You can never hear it enough, especially if discipline slips from time to time...

EURUSD

I can totally relate man, was about 70 pips up within first hour of London trading, should have cut & run... Great article, I think I need to dig out my Mark Douglas DVDs this weekend...

EURUSD

Quite a contrast from last Friday..

EURUSD

LOL, but good call, bit whippy, but managed to catch it right so far...

EURUSD

Don't forget they're clued up on the news and they love stop running...

EURUSD

scratched, hard work today...

EURUSD

Yep it came back for me...

EURUSD

Coming back for stragglers

EURUSD

Actually I lie although H1 TL broken...

EURUSD

What you looking at Hatch 61.8 fib? Trend on all intraday TF looks to be down...

EURUSD

Roughly just 25% of breakouts have follow through, not good odds... If trading breakouts, you should be ready to close at a moments notice, better to wait for the re-test to hold.

EURUSD