Unless you're on a small time, in the last 24 hours this chart has done nothing but chew up time and frustrate both longs and shorts. The trader having the most fun is the market maker.
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LIVE Trades Only : EURUSD & GBPUSD 122 replies
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Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
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DislikedIt is what we all make of it my friend. The Daily life of Brian. for all to see, Now let's stop being pucken stupid and get back to trading please {image}Ignored
Disliked{quote} ... It would be too blindly to use 5 min chart to decide direction, to me too!Ignored
DislikedAfter the uptrend starts at higher TF, if the Fib : Ret level does not stop at 61.8 %, our dear pair may move to the next level R2 : 1.1174. {image} {image}Ignored
Disliked{quote} Again, I have to interfere because the concept of "smaller timeframes don't show direction" is simply not true. But it depends on how you use some of the indicators. On the image below I quickly explained. Once you get the logic you will realize that it is actually possible to see larger timeframe conditions directly via the smaller timeframe chart. I hope it clarifies and I also hope it can be food for brains for some of the newbies here.. We better continue to post around EURUSD.. Thanks Stay Green {image}Ignored
DislikedI sincerely expect that 1.1163 to be very well breached today to set a new high before the selling will begin. Tonight/Friday may be the sell time. Until then no shorts for me.Ignored
DislikedI sincerely expect that 1.1163 to be very well breached today to set a new high before the selling will begin. Tonight/Friday may be the sell time. Until then no shorts for me.Ignored
Dislikedeven the minutes can't change the trend of the day. if retail sales are good this pair can easily lose 30 pipsIgnored
Disliked{quote} It did break 1.1163 already but the question is will it stay about 1.1163 for the rest of the day or even better for the rest of the week? The answer is nobody knowsIgnored
Disliked{quote} No time frame or indicator can do that, being able to pick these moves is what the game is all about IMHO,Ignored
Disliked{quote} dollar is being sold across the board. nothing fantastic about this pair. its generally usd selling helping bullish sentimentIgnored