Today has been a really slow day with nothing much happening. Although i do want to note that price has gone back up above the 61.8% retracement level (1.12374) meaning that this could be retracement bounce. But really nothing has happened and i ...

EURUSD only

It just got completely smashed through though with the H1 closing beyond even the daily S3 though. The only bright side is that it is with lower volume so i may not be completely wrong. Time will tell i guess.

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Yes the market likes to slap us all in the face every now and then hahaha though i am not entire too sure that its a down cycle just yet. Perhaps if this bounce off the 61.8% doesn't make a new High then i would think that yes we are headed back ...

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It has touched Weekly S1 and Daily S3. And with dropping volume and momentum. Time to see what happens.

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None of the data seems to be major news though so i don't really know if it will have much of an effect. Still we ARE in a contested zone so the news might have a bigger effect than normal if it can help either side break through.

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Now, will 1.12374 (61.8% retracement of the entire upmove) hold or fold? Bear power looks strong currently but potential divergences could be developing on the M15 chart. Will have to see.

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Do you have some examples? I don't particularly understand what you are referring to hahaha.

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That is an interesting read. Hmmm i guess no one knows how effective those new policies are hence the indecision.

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The question is which side will break through first? This may sound odd but my bets on the upmove. Bears are having so much trouble just breaking the 23.6% retracement. Edit: also those are some weird H1 candles. Like chopsticks or tweezers. Are ...

EURUSD only

Okay nevermind it made a new High hahaha this is invalidated.

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I just want to quickly point out that the 61.8% retracement of the upmove right now as it stands (with a low of 1.12789 and high of 1.13115) is at 1.12913 which is the daily pivot. So maybe down move to pivot before bouncing back up? Just some ...

EURUSD only

This up push doesn't seem sustainable for now. While i do get that it is a bounce up from the 61.8% level of the upmove from 1.1250 to 1.1323 but it hasn't done a proper retracement. I get the feeling this is just to bait people into selling though ...

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yes which is why i took the trade hahaha. But i closed the trade for 3 pips. I really need to get some sleep hahaha. Edit: I can't sleep well when i know a trade is still running. So i close all my trades before i head off to bed.

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Aaahh i see. I thought it would only normally be the last hour or something. Oh well, if this continues i might just grab whatever profit i can and head off to bed.

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Please either hit my TP or my SL already, its 1:30am and i want to go to sleep. LOL. Why is EURUSD so lazy today?

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if it does hit i quit trading HAHAHAHAHA.

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Buy 1.12845 SL 1.12775 TP 1.12935

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Closed this manually for 6 pips. Grabbing what i can and running for it. The trade already played out longer than i would like.

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Interesting trade, when do you expect to hit your TP? And what did you base your TP on?

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I feel a lot better knowing you have a similar trade LOL. Lets hope the upcoming news (even if its not a major one) bring some movement to this dead sideways move.

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