Thanks Mr Pip, that's exactly what happened.. how did you realize the breakdown in sellers? the NSH was more like a retest, a very small price up, so is that a signal? Now looks like a long trade:

EJ chart - the order flow says ready for sell - do the more experienced eyes agree:

Thanks for the response. Will explore tick charts, I hope my broker provides it.

Hello Mr Pip, Please accept my sincere thanks for all the effort you have put in sharing your knowledge with fellow traders. The clarity with which you read the price action is amazing and an eye opener to me. I have tried to study all your videos ...

A good setup to short AU

If Euro fails - USD is the safest haven, not CHF, given that the fundamentals in US look solid. If Euro does well - CHF loses as it gets inflows when Euro falls ( more go to USD though).. the money flow back to Euro. in either case, for Euro failure ...

Really, a small miss is punished by mkt but stellar performance is ignored..mkt is premeditated on keeping the dollar low..

Down will come too

on this news? url

Now Hollande says June end is final deadline for greece.. Merkel just said talks are on and Grexit isn't a Lehman kind phenomenon..

Merkel speech is causing this..

Fully Agreed!! Still learning, multiple small wins and then a big draw down.. classic FX story.

not sure what you have got to predict these.. but must have listened to you when you went bullish on Euro... lost 50% of account value on this bull run..

Thanks for the kind words.. good luck to all.. hope the longs have made enough on this ride and shorts will get some back as well.

Anyone still holding their shorts? I have no choice but to stay all in for a long time now.. what a squeeze this has been, and the Greece deal is not even finalized yet, what will it do after the deal? Looks like even NFP can't budge this momentum ...

Mitra, you are a Soros fan, nobody but Soros can predict