Well my EU long as mentioned is still under attack by the bears..As NY opens I can't see how the retrace wont pull back to the 108xx area for the push for the highs... That said I'm well aware of the trend in play and Ive taken clearly a CT trade.. ...

EURUSD

My long as I have been saying is still at a valid retrace to the fib 50% and your short looks good to me.. Good luck.. But I dont think you will need it.. Not impressed with the push out of the euro again... Daily EU

EURUSD

A lot of usd weakness across the board.. Note: mid way point UJ (my recent muppet short close) and UC now touching bottom of range zone... pressure from all angles... UJ then UC.... Looking at my long in EU, bubbly still in the fridge ...

EURUSD

Good Morning all.. EU still no bubbly.. but I will get it ready, looking like a possible challenge to the recent HH... I made a mistake closing off my UJ short from 12009, yep I'm still human..I guess I got into a lot of the posts to go long with UJ ...

EURUSD

Yep still have concern about my long...Would love to see 1.13xx..but not been able to see a break HH on last few attempts..The ISC formed wednesday adds to the probability of pull back before we see any new highs.. Im holding position as I can take ...

EURUSD

Nope.. exit signal is off the daily which has yet to happen..all to play for.. the SL is in, and even a draw back into the 1.0650 area will not change that... Sorry for the delay n answering been chillin..

EURUSD

I wish it was so... but thats not what I'm seeing... going no where fast... consolidating prev 2 highs not yet challenged.. LH?? Put the bubbly away as I wont need it until Friday...here's hoping... lol

EURUSD

On my daily turf, a close below 1.0900 will not be what I want to see.. more consolidation with no break out, my spider sense is tingling.. No exit due to daily play... but not going to be easy for me... Oh thats new!! lol

EURUSD

Nice entry ken... I'm long but I see an hourly bit of PA of the large res and big round number around a viable retrace area fib... definitely a bit of probability on your side... not that makes me happy lol... who knows this could be us ...

EURUSD

Agreed.. personally PA alone means nothing..add a bit of S/R and then a fib looking at the 50/61.8 area for confluence.. ISC indicate indecision.. Its a patience game waiting for the correct PA off these areas... Break outs can be false on the 3rd ...

EURUSD

Here comes the news will there bubbly.. or will the bears use it as a platform for a launch!! at the lows... 1.1000 is a big number!!

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Just following plan. Cant help it.[/quote] Thats the game... have a plan and follow it! personally I can't take small time frame plays, as it causes to many high and low moments... prefer the daily and occasionally 4hr if Im really ahead of the ...

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Seems to be fowling the plan so far... no reason to crack open the bubbly yet...lol...I know not as quick as I hoped... All to play for.

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Just thought I would mention..as I see you are taking heat for the draw down... I actually trade my system with a SL with a draw down position of 10%... as I risk 10%... that said the trades benefit from the lots in play... of winning trades. So ...

EURUSD

Mmmm no swing high on the EU... not a nice close under the 10900 mantle... We could be going anywhere from here... News driven.. Obviously I would like the long to continue...but hey the system says I sit on my hands... so thats all for now... lol ...

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Designing your own system..and creating a flow chart to allow you to keep to the rules... never breaking never tampering and using the edge over a number of trades to profit... I totally agree...

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GMT sucks... 23% vat...50% Higher rate + 8% other stuff.. oh yea once you have paid all that tax out..want to buy a car VRT! another 20 to 100% on top of value dependent on carbon output, just to tax more the money already taxed... Bloody list keeps ...

EURUSD

Dam.. you should come to my country... Ireland.. We have some ugly fat girls with attitude..and it rains alot... and we have some of the highest tax's in europe... no idea why everyone is leaving... including me very soon... back out to HK or BK not ...

EURUSD

Nice bounce off the 50% fib retrace... if we break 1.0900 to close below.... my trades will get damaged. Will close the short UJ as this is the weaker of the 2..

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I see we are holding at the FIb levels.... I was hoping for a bit more of a push... Maybe a retrace after all... Not that it matters... Over the next 20 trades the edge will work through.. it always does...

EURUSD