EURUSD only

i'm long too, i'm on your side

AHHHHHHHrgh!!!
I was short at 1.1868 @ 14:51 UK time, got super annoyed by the 45 min range, closed at 1.1863 @ 13:46 (thinking, "yeah so they prepare a short move up to take some SL, I ll be a smart and I ll close and reenter at higher price such as LO")... it dropped straight down in the following min!! smart my ass

me and my patience!! still a work in progress...
(edit: of course this was scalping, wit ha target at 1.1855)

Short term trap between 1.1867 and 1.1857.... if I had to blindly choose between two sides I would pick bullish 9 out of 10.. Long story short I keep staying bullish as long as we are above 1.1850...

Stay Green

couldn't agree more! its had a great week if you look at 6e futures and spot that it would make sense to have a breather in order for RSI not to stay above 70 and come down a bit before continuing the trend up. From a fundamental standpoint, EUR will continue to look attractive heading into 2018 for really three key reasons.

1. from a fiscal standpoint, the tax plan is dollar negative over time which has shown its reaction over the last week since the passage of the bill.
2. Fed is raising rates when the dollar was spiking higher but now ECB will start to pare back QE and may even start to discuss hikes towards Q3 next year which will see a real reversal in perception.
3. Flows..Eur is slowly coming out of their loose monetary policy, their stock market has been performing and will probably see allocation back from US to EUROPE forcing institutional investors to swap USD to EUR in seeing capital flows come in.

It needs a break and thats what it is doing. Until the narrative changes picking up small positions on pullbacks is best over outright punting and shorting EUR ATM.

still have bull flag in h4.

wait to pass 1869 to joint your long..

PRESIDENT...

reversed head and shoulders on the 15M

short 1866/1875. Sl 25 pips, target 1800 by NY close. If we don't get there, the bears are done.

I bought the pullback to the breakout level: targeting 20 pips

I dont think its gonna drop by that much. it's holiday here nothing is happening. or maybe beginning of next year?

We just wont...

i see the bulls are exhausted somehow from the chart. If can't effectively break the previous high, this will make bulls cash out some of the profit.

added to my 2 cents. 4H chart attached. we are looking for some kind of pull back to catch up our breath.

Yeah it's not looking good. If I'm right, price will breakdown on the 15m chart shortly followed by the 4h. The hourly still looks like a sketchy bull flag. I'd post charts to show my thinking, but my broker just forced an upgrade and I lost all my "advanced" charting capabilities. Price action it is...

Closed 1 pip gain combined. Timing is off. We could still see a dip later, but I'm not gonna sit around in the chop with money on the line. Next!

The Monthly chart confirm's your call my friend



Screenshot 2017-12-22 06.11.39(2).png

Agreed! it looks poised to have a nice run in the next month or so. BTFDs

took 30 pips from my short. what a move for such hour! could take almost 2xmore but no patient enough..

Long 1836. Kind of a crappy entry because the bounce happened so quick. Bargain euros at this level...

Is it really a good idea to go long here though? Why not at 1.8 or even lower? Who's to say it won't go down more after what's happened in the last 2 days.