Yes I have been saying the same. But I am already positioned on the high end and at break even stoploss

Yes I am getting annoyed at the red news that ends up being nothing. All the same It feels like underlying selling going on right now within a zone I consider to be choppy. Perhaps selling accumulation. maybe even buying. I lean to sell.

You may get it. But I think 109.17 to 109.27 is a resistance. Price is currently over that which may be good for your target. But negative divergence on hourly may spike down. You have good chance if price can make it past 109.42

Hourly stochastics 5.3.3. is showing bearish divergence. Possible tip off that initial jobless claims and home sales may cause the pair to fall. At least the probability price will drop is decent after news.

I think the catalyst for the move down will be jackson hole meeting tonight. Price is being walked down to danger zone for anyone who is long. Keep in mind this could be a set up to screw either way. Shorts can be screwed by entering now and then ...

Seems my comments are falling on deaf ears so I will leave with this advice. I repeat, if you trade in 109.27 to 109.84 area you are trading in chop. You will get stopped out both ways unless you are scalping at those points. Break of 109.84 to the ...

Scalp longs for pennies or enter short to make dollars? I could be wrong but I think this is the decision area now. Either 111 or finally potential to head down

My idea is short 109.80 with SL 110.35 and TP 107.10

Looks like price wants to get to 109.84. From there it is anyones guess. But I will be looking short in that area

Probably massive stops below 108.59

ALL price action between 109.84 and 109.17 is chop trading. Price will just goo any way and screw long and short. Dont have tight stop loss in this area or you lose both ways. I think cap is 109.84 if it keeps going up. Below, 108.73 is strong ...

If it stays in this area at end of day I will be shorting right away after ny close unless more information changes my mind

I think price will play around 108.73 area today. If it closes in this area today then tomorrow is set for a trend down kind of day. Daily range is already 70 pips today and with no news it may go only 10 to 20 more pips I think if any at all.

Is easy money in the cards? I am liking the probability right now. If 108.73 is broken again and price stays below then it will be free fall to at least 106.88 and probably more. But 108. 73 is pretty strong so I am not shorting until it is clear it ...

Still sticking to this

My Early numbers to watch next week: 109.84 is top of my expected range. 109.27 to 109.84 price my bumble about in this area if is not decisive yet. Next week if 108.74 does not hold then it is a free fall to 106.88 otherwise we could range 108.74 ...

I lean towards way down. Look at daily chart. Low on 108.81 06/13 price went up hard price came back on 08/10 made low 108/.73 went up a few days today it hits and breaks that low again. two daily wicks pierced. Looks to me like buyers are getting ...

Agreed. I think the pair is headed down another 500 pips over the next couple of months. Looking over the last year price has filled out a balanced profile and there is business needed to be addressed below. However I also see business above at 114. ...

Did I see this up move coming? Yup saw it coming. This will give more room for short next week possible.

Back up to 109.40 before lower maybe. recent low was taken out but price back over and holding. Shorts may get spooked out.