Good point, hitting stops make price "jump". Market searches for areas of high density stops. (Ofcourse not retailers stops as their value is small, noone will make a ride for pennies....retailers just die by the way). That is why we stay in ...

EURUSD: Break Above 3.5-Month Bearish Trend Line at 1.2500 Could Mark Major Bottom

I suggest to stay in short for a while at least to 1.2310. During the ride, stops are expected to be located around 1.2340-1.2360.

EUR/USD Forecast Nov. 24-28

Looks like campaign against buying gold has started.

Jordan: Sound money - a fundamental pillar of our society

Read more carefully, Draghi stated that inflation is low mostly due to low energy prices. However Core Inflation also stays low, what indicates broader problems then only low oil prices. Rising prices is necessary for any growth. Higher ...

Draghi Says ECB Must Raise Inflation as Fast as Possible

I agree, they seem to be worried for real. Even mentioned last PMI. Mentioned about core inflation, personally I was opposing to inflation problem due to low energy which is more kind of global factor but at this stage something bad is ...

Draghi: Monetary policy in the euro area

Just wrote my previous post at good time, it was matter of time since morning market was positioning for down move. 1.24xx in view then only last low. Forgot about 1.2460 and 1.2440(somewhere around), but these are minors. PS 1.2460 area cleared

Positioning for a stronger US dollar

Eur/usd is staying at the same levels as buying/selling forces are keeping it like that. Not that noone is trading...

Positioning for a stronger US dollar

It just your feeling. It was coincidence that this data occured during strong buying phase.

November Manufacturing Business Outlook Survey

Looks like the correction is done, few hours of relief was enough. Any move up on EUR is shorted strongly and quickly. Crow, your predictions are usually wrong.

Gold and Silver Shine Again, but For How Long?

Hahahaha

World Outlook Darkening as 89% in Poll See Europe Deflation Risk

?! Matket is preparing for up move since friday. One should buy 1.2410-20 and keep it. Sorry not looking at other currency but market is connected system so you can expect other currencies to go up.

Bond markets are unofficially closed on Veterans Day

I agree, most important are fiscal reforms. There is nothing more what monetary policy can do.

Quantitative Easing for the People

Yes, there is no role. Retails account for about 5%-6% daily turnover. Also, as Mingary said, most of them will bankrupt.

FXCM: Record Retail Trading Volume of $414 billion

15-20 minutes before news strong buying occured

Retail Sales in U.S. Decreased More Than Forecast in September

Waiting to hit sl 1.2799-1.2810

Retail Sales in U.S. Decreased More Than Forecast in September

EUR looks done, the correction ends here or somewhere this week. Also USDJPY is buy, but not sure whether to buy now or later this week.

Why Tomorrow It Could Get Even Worse

SL from last short got triggered

107 cracks in USD/JPY, and 1.2700 in EUR/USD

Nice story...., who cares? Market already have all info enclosed and more..... But to be more precise, main reversal around 1.20(precisly buy 1.2030, big volumes). In the meantime, minor(it means 100,200,300,400 pips...) retraces are possible. It is ...

Webcast of the ECB press conference 2 October 2014

What do you expect more?! TLTRO, ABS, negative deposit rates, very low main rate. It needs time to work. Not 1-2 months. It is for the time till recovery will change into boom.

Webcast of the ECB press conference 2 October 2014

Actually China just uses the situation. They don't support any side, rather against any conflicts and agression.

Poroshenko: agreement with Putin on permanent ceasefire in E.Ukraine Donbass region