Not long to wait, but I would hazard a guess that those offers have insider knowledge, they also likely have the pockets to weather a 100 pip adverse move...

EURUSD

EUR/USD has extended it’s rally having paused briefly as BIS stepped in selling around 1.4070/75. We’ve been up to session high of 1.4097 so far. There is talk of Asian sovereign offers lined up around 1.4100, which will be next hurdle for euro ...

EURUSD

Watch for whip-saw on breakout... Good hunting...

EURUSD

I expect to see some major volatility in a few hours, all of those numbers out, plus Big Ben. I'm inclined to the downside, I think this distribution been setting up since last Friday. I could be wrong, and this could still have a couple of hundred ...

EURUSD

Rest covered @ 35 + 45pips Nice one Pipper, I owe you one, was going to bail on that one at cost, turned into some good profit. Just going to get my Yen stops to break even, then going to . Have a good night, catch up later. Good ...

EURUSD

1/2 off at 30 + 50 pips.

EURUSD

If it can clear this old demand zone around 59, shows commitment to the move,,, uchf looking 50 100 cross is on... uj crossed 50 100 a while ago on 15min tf....

EURUSD

Looking good...

EURUSD

Is head fake common on asia open? I'm used to London, NY overlap... Both eu and gu pushing below 50ma on 1 min now...

EURUSD

yeah I see it...

EURUSD

Yeah wld be good...

EURUSD

Cheers Pipper, have a good night....

EURUSD

Just as I read your post, I see what you mean about correlated markets. Yes I may exit soon as well...

EURUSD

Because it's indicating no directional momentum?

EURUSD

Yeah, there's a big difference between blindly taking mechanical signals and taking them within context. Sorry, I didn't mean to be quite so down on MA's, they are actually a great trend identification tool...

EURUSD

such as stoch, OK..

EURUSD

Ok so the trend line is a little forced. Red - 50SMA White - 15EMA Blue - 100SMA Green - 200SMA and I've just noticed price is down another pip...

EURUSD

You measure trend with angle of 50sma right? It's just levelled off, but I'm seeing price ticking down and a hold below a trend line. give me a minute and I'll post a pic...

EURUSD

Cool, I think it's a cultural thing, I didn't mean it quite so literally, I'm just looking for some reassurance really...

EURUSD

in fact 15ema is just crossing back above 50sma on the 15 min. My main issue with moving averages is 1) they lag and 2) they don't lead price, price leads them.. But you obviously are able to use them to good effect.

EURUSD