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FibbinArchie replied Oct 14, 2010I'm targeting 4030, at least as an initial tp, but at this rate it's going to be getting covered at cost or possibly a little in the red... Gator, I take since you've sold that you are expecting lower prices...
EURUSD
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FibbinArchie replied Oct 14, 2010Got it, but price has just crossed above 50sma, and 15ema has been below 50sma since London close...
EURUSD
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FibbinArchie replied Oct 14, 2010That'd be nice, I want to get rid of this short now and a few pips would be a bonus, have decided to sit it out on the sidelines, a lot of event risk on the calender tomorrow... What can you see on the chart?
EURUSD
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FibbinArchie replied Oct 14, 2010I really didn't want to be chart watching tonight, I could have covered half and moved stop to break even, if I'd been on the ball earlier...

EURUSD
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FibbinArchie replied Oct 14, 2010I'd say this is all down to dollar side weakness, manufactured by the Fed...
EURUSD
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FibbinArchie replied Oct 14, 2010I've got that level as former support from last night's rising TL. Trying to break it.
EURUSD
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FibbinArchie replied Oct 14, 2010Aus down 100 pips! Not looked this afternoon, couldn't believe it missed parity by under 10 pips, Re. EUX, I don't think markets are under normal conditions this month, defying logic. Hmm, well maybe not defying logic, but certainly operating in an ...
EURUSD
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FibbinArchie replied Oct 14, 2010ey trying to coax stops — trying to coax stops down to the 4083 area do you think, so they can come back later for them?
EURUSD
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FibbinArchie replied Oct 14, 2010I'm reading some serious divergence on H4 indies (not that I trust them, but they support my bias)...
EURUSD
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FibbinArchie replied Oct 14, 2010These people know herd psychology inside out, they know exactly when to catch you off guard. TL on M5 pierced but intact as of time of posting...
EURUSD
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FibbinArchie replied Oct 14, 2010failing at the falling TL? or more than a bit of a short squeeze?
EURUSD
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FibbinArchie replied Oct 14, 2010yeah, looking like another try, my stop is not much further, I got a mirror position on Yen as well, I only stepped out for two minutes. Oh well that'll probably be another cpl of hours trying to manage another entry (hopefully not)...
EURUSD