I am glad I did not close my shorts to wait for a better entry but there is EURO news at 8,9 and 10am. In my humble opinion, it would have to be very good news indeed to lift this pair but let's see ......

EURUSD

Just too early in the morning! I missed it but was delighted to see it. Looking to add another short at 1.3445 (breakout level and 50% fib retracement).

EURUSD

Neither can bulls

EURUSD

The Dow must be due a correction sooner or later, it's been on viagra since mid-Feb.

EURUSD

Even better but let's not get ahead of ourselves! I made a lot of £ going long on it from just under a year ago so am having to get my head round shorting it!

EURUSD

Thanks. I took I short last week at 0.9234 and added another just now at 0.9190 with stops at 0.9240 so very good r/r if it gets down to the low of the channel which would be nice!

EURUSD

I am in this but a bit uncomfortable as the Australian Dollar is better than most currencies currently. 4% interest rates, decent economy etc. I hope it follows the charts rather than fundamentals.

EURUSD

Dow and gold going lower

EURUSD

We are only 70 pips up from that. I would not call that "bouncing hard".

EURUSD

Thanks but it hasn't got to 1.34 yet? Interesting that the daily pivot and 50% fib are both at 1.3532 which is proving a tough nut to crack.

EURUSD

Who is Wyckoff please?

EURUSD

Watch out for GBP news stats at 9.30

EURUSD

Yes I see the S2 pivot target, my tp is 121.65 to allow for spread.

EURUSD

Thanks. Looks good - will give it a shot.

EURUSD

No volume now

EURUSD

Pivot at 1.3553 on my chart

EURUSD

For those of you who have stop losses, where are they? Mine is at 1.3560 but I want to lower it and just wondered where you all have yours?

EURUSD

Definately. But I am also expecting a retrace before then to just below 1.53 as it usually comes back to test the breakout. However, if there is enough bear pressure it may just snowball down without coming back for the retest or it may just retest ...

EURUSD

No. Too much bear pressure this time. But we will see soon and it would be fair to expect a retrace at some stage.

EURUSD

Thanks. We still have a way to go before I will relax!

EURUSD