Good, then you treat news mostly as a small nuesense, same as vast majority of people with some experience.

The move up started before the realeases if I'm not mistaken and it was a very abvious (not to say fully predictable) retrace after the neckline break of the 4h/hourly h&s. News hardly did anything at all there as it looks.

Good, then you must be making a ton of cash by trading the news trends set by news releases... lol Aspecialy today after the German sentiment, great follow up on the numbers.. lol

lol I think you're the only one around to whom what I wrote sounded "mocking" or couldn't find the answer I wrote somewhere in that message... You indicator trader you

lol All the time people new to fx come and write such Qs here, myself probably included at some point. General answer: Market is typicly moving according to technicals, news are ussualy (unless it's something really big and shocking and even then ...

Daily close below 580 should confirm the bear scenario, 580-600 probably, above 600 could be a bull allright though hard to see managing that.

Thing like this don't happen all at once, like I said it's likely to range for a while before crashing. btw, you can look at 4h of the previous top on daily - the behaviour there certainly had strong simularities aspecialy in terms of this long ...

The more it retraces, the harder it wants to fall - for now makes perfect sense, of course if it goes to 1.37+ with this move (highly doubtful but still) it could be a whole different statement of intentions...

Tough play from the euro today. Looks like it decided that it's better to burn out than to fade away... But burn out it will soon anough, 640-650 should be the top. Could have some ranging after that instead of straight down though.

Agree, very strongly. It's even anough to catch the few headlines here and there from the last few months (and I don't catch more than that because all I care about and look at is intraday EUR/USD) to know that after the grand falls we now had a few ...

For a casino that's relevant because anough people just come in and gamble a few times and leave, so if they score like that the casino might suffer - though still long term and many people later it'll come out on top. With fx people don't just make ...

Yup. Yes. Do it for a couple of weeks in a row...

lol really ? yeah used to think about that way myself once.. But, how about - the difference between taking 1-2 very high probability small trades as compared to chasing the market all day long - and do remember forex is a nasty b*tch that ...

Since I've been posting here today, would be rude to leave without saying - have a great weekend and good trading ya'll. Got my 20 pips (20.8 actually cause last small 3.1 trade tped before I could adjust tp to the positive slipped entry). Had to ...

H4 charts are slow, this should take time. If you want a guesstimate.. this move will soon reach a low possibly around 570s or right here then go back up 50+ pips, and then down again, real question is about this last down during NY - will it be 50 ...

I hope for your sake you won't try to turn it into a trading strategy in general, because it got a nasty habit of doing a V and running the other way from the enitial range "break" right around London open... Though today, considering it's Friday ...

Bold words from such a bearish daily chart... lol Retracement of 100+ pips is very likely here, no doubt. (Not that I care, I take 20 pips per day and go spend my time on better things )

You can say that again. I turned on the platform just to take a look at what all the fuss here was about (opened it in the morning for an hour and a half, around London open, got my 20 pips and closed it, which is why I got extra time to be bored ...

I prefer to make 20 pips per day with (relatively high leverage) in 1 or 2 trades in 0-4 hours and then close the platform and forget about fx till next morning. True. The other side of that coin though is - fx market will wear you out and take ...

Dude... you've got some serious problems... The broker doesn't really hedge anything, they take the individual positions of all their traders, calculate the net position they're in and place an order on THAT on the market. Hedging, as defined by: ...