I've been in the red so long, it feels good to get back in the money. It looks like the resistance is around the 1.3130 mark. If it breaks through, I could it go quite a distance.

That's certainly my hope. I've been in it too long.

The daily chart suggests a long term down trend, however the channel may be breaking apart since the PA never hit the bottom channel which could bring about a trend change. Got got 3 short positions in now. We’ll see what happens.

Put in a limit short and got back in. I have a stop just above the wicks hoping to adjust the stop to a zero stop once it indicates a downward trend.

That spike saved my butt. I was finally able to get out with a profit. Should have shorted when I had the chance... oh well.

I bought into the extreme drop wanting a retrace. However, I expect the PA to finish the channel somewhere just below ~1.32’s or 1.31’s (who knows). I usually don’t position in the middle of a channel but it was such a strong drop, it seems there ...

Was there a reason for the big drop?

GU is just too hot politically right now so I dumped it and made 0.51. At this juncture it’s better to play it safe since they are considering dumping May as PM.

Finally in the green. I’m still precariously positioned. Might have to unload some for piece of mind.

Since trillions of trades are placed daily, retail can only go for the ride. Forex is too big to be personal. I understand everyone uses bulls and bears in the forex market but the valuation is against two different currencies not one company where ...

This is my spin, btw your English is great, if you mean USD will destruct then no. If you mean a strong turnaround, of course. I remember when the E/U went from 1.14 to 1.55. I thought it would never end but it did. Some cycles are longer than ...

As hoped, I was able to fill more buy limits on the GU. I could take a few more but they are “buys” so will want to see a turnaround soon.

I would like GU to hit ~1.31’s it seems a slow process.

At least it hit two of my positions. I’m hoping it will hit just below the high ~1.26 area so it will pickup the rest of my buys.

I’m not sure what you mean by, “...before the retail forex markets open...” I understand the forex market is opened 24/7 and closes only during the Sabbath and then resumes again.

Yea trying to get out in. Most of my buys are below 1.2700. See what happens.

Seems to be consolidating. A breakout soon but which direction?

You guys can solve your accusations by simply using Trade Explorer. Everyone can then see what you are really doing. It’s great when you are in the green but can be embarrassing if you’re in the red. It will keep you honest.

Oops I showed my AN chart.