My apology. I am saying you are good, and we have very good probability price will go lower and break the stalemate. Sorry if i offended you, but i am on your side of trade too. We can't possibly know the future, but i am totally agree with your ...

very good chance you will see price lower than 0.7070 today (imho, don't take it seriously). However, you did an interesting chart analysis. Clean and simple.

That is interesting. Today, i had a lunch with a banker, and he detailed his worry of our situation very similar with 2008 situation. It will be fascinating if you just look at how moon in aries performing trine (120 degree) with Venus (Rx) in ...

Maybe we should, i got a feeling that indetermination on this pair will stay quite a while. Could that mean many are using this as hedge currency? I would love to know.

the dive @7175 suggest bear still has some grip. I wont change my bearish bias till 7025 at least. Still it should be a good bounce.

Don't get to hard on yourself. As you stated earlier, it was position trade, so your judgement of bearish stance from 0.72xx level still valid. However i don't keep shorts for long time, only to scalp daily when i see the opportunity. It works for ...

And now we nail it. Happy week end for you all.

Still going crazy. Aim to 7400? I am shorting it now. Small one.

Hi james. Appreciate the input.

Sell limit got hit on tuesday, and hit my sl, but today 0.7215 short, done. I am still waiting for 0.7060 to close, before change to long. Moving my SL to 0.7157. Next Monday so near x-mas holiday, would be my last trade of this year. I keen of ...

Thanks for sharing. Yup my short order was at .7215 with 50 pips SL. I don't share the same level with you, sorry. My level formed monthly, with NFP reaction, and fibo. So unless i see breaking of 23.8 level (0.7300) i don't confirm long. ...

Good for you kent. I got it all wrong, my SL 0.7260 (45 + 5 pip spread). Luckily its small short, but that is not the point. When i got it wrong, i have to reevaluate my system. Should have to be alert when it got my short limit today, instead of ...

Got hit surprisingly early (my alert). Surprise surprise. Well then, trade what we see, i hold the alert at 0.7238, evaluate the chart if hit then. So far, i only see it as temporary pull up / consolidation move.

First short complete, this week (imho) market will consolidate phase, somewhere around this week, thursday or wednesday rate will bounce back a little before its punch through all the way to last position for this year. My second sell limit waiting ...

Still not a confirmed bear for me. Imho we would see price crossing 50% barrier TWICE before i took short, up to 0.7000 area. Next week it is. Never quite trust friday movement.

True, assumption can kill. But, we can only be absolutely sure of current rate, not future rate. Assumptions are necessary evil for me, cause i don't have all the complete data. Good advice though my friend.

Can not either confirm bullish or bearish on this one. I stay out until next week then.

Job report unbelievable strong. Does not hit my buy limit, very disappointing for me. Reevaluating the chart for now. This week is not very profitable for me. ^_^

I post my own perspectives, not an expert, cannot guarantee they are accurate. My view is you might be safer at 0.715x buy level, or below 0.7125. It tooks time to get there. The last job reports is a nuclear bomb, chances all big boys will focus on ...

Now when is the right time, and what level i safely buy the correction? Imho, the bear would probably pause around 0.715x level, or lower. Not tonight, or tomorrow, imho, the aussie job reports will be the triggers. Wether it is strong or weak, i ...