I'm not so confident. This price rejection at 1.38 is on the 23.6 retrace from the total upmove from this morning, and coincides with a resistance level from yesterday. These moves always happen when I'm asleep

EURUSD

Tired and waiting on London to open

EURUSD

It depends on which way it breaks out. If it breaks the lower trend, retests and is rejected then chances are it's heading down to the nearest support. Likewise with the upper trend line but with resistance.

EURUSD

Right click on the chart and click "Save as Picture", I typically save them as active workspaces so that they show scale as it appears on my screen.

EURUSD

Very nice.

EURUSD

Most people here miss their stop and limit orders by fractions of a pip, you miss your BE stop-loss. Good to hear that trade is still kicking

EURUSD

If it broke below 1.3650, I'd target 1.3550 first a break below that and yeah I can see it going down a pretty good ways. Might be a good place to reload if it ever does break down though. I'm currently in favor of shorting right now with this ...

EURUSD

The PA momentum is pretty high and the 20,60 EMAs just crossed on the 15M chart. I think he might actually get up there towards target 2 in the next 45 minutes or so.

EURUSD

Great advice, thanks.

EURUSD

Ah okay, see I might be inclined to take profit on a trade like that if it turned back past my first target and made it a little ways down. I guess it's probably because I'd like to take at least some portion of the profit if the PA ever gets down ...

EURUSD

Out of curiosity micho, would you let the trade stop loss at BE or would you say cut it if it makes it about half-way down between your TP1 and open price?

EURUSD

As soon as I saw this trade, I started watching it on my AUDUSD chart. Looks like it's finally starting to push up to your TP micho.

EURUSD

Seems like we should get a signal pretty soon as this downtrend from late yesterday is coming to a head at this 2 day low area. I guess that might explain all this up and down nonsense around 1.3680x.

EURUSD

This action down by 1.36840 is a little worrisome. I'm hoping to get a signal up or down soon as London picks up steam. If it breaks though the only target I have is pretty short down to 1.36550.

EURUSD

Actually it doesn't. For some reason, I associate red with bulls I guess because I've seen enough bullfighting videos (and been around enough bulls, being from Texas) that red is the color that makes sense to me. I don't really associate the green ...

Cable Update (GBPUSD)

I really need to start entering trades

Cable Update (GBPUSD)

Pretty solid H&S formation on the 30M chart as well right now. If the sellers manage to break below 1.3730x my target would be 1.3650x.

EURUSD

I'll be interested to see where the cable goes starting with Asia. The 4H chart is sitting in the middle of a 20 period bollinger band slowly gaining a little but the EMA 60 is still kind of hovering below the bands. I'm currently in favor of maybe ...

Cable Update (GBPUSD)

Morning all, hoping this rally shapes up a little bit so I can catch this train downward.

EURUSD

Yeah, that's the main reason I'm not in right now. I see a couple signals but I'm definitely not entering anything until London comes around. Especially since this news about France and Germany coming to an agreement about rescuing the euro. The 5 ...

EURUSD