EURUSD only

seems like pump and dump. sell 1.20806 sl. 1.2079 tp open

1.20248. not touched 1.20872 high.sell and sell. any impusive on up trend or down trend calls for opposite.target done 1.20246. m15 chart was very beautiful to trade

More like spike to me!

Still plenty of short sellers to be swept off.

price action analysis
Huge breakout im still long bias until my level is broke.
But damm look at that selling power thats come pushed those buyers right down.

what am i thinking?
Breakout failure and continuation to the down side after consolodation.

ill re asses once price hits my swing low level. If it hits my swing low level.
for now im still bullish but this isnt time to enter a long in my eyes.

The market is made in a way such that majority of people will get burn while minority survives.
Probably better to follow the bullish people. Contrarian point of view.

looks like the candle stick is pointing the way

going up?

nice spike, 30 pips.
but looks like bulls have no power to take the price action high. drop it back into the range.
so... weekend is coming, no more trading for me.
have a nice weekend guys

was this just a bear SL hunt? and now going south?
who knows

never been this confused ha, Fundamentals saying BULL but Tech saying Bear


But I say happy fry day

nasty candle on the hourly

1st support 1.2060 broken

2nd support 1.2030 could be broken too

could pave the way for pullback shorts till 1.1990 area

not trading this thing as of now , on the sidelines atm

The technical analysts are speculators. We all know that.
Right now everyone follows everybody to sell. But it is still bullish overall.
In the end, everyone will need to follow the strong bullish candle.
That huge candle cannot be made by speculators. Only by smart money.

Climatic acceleration downwards usually a result of bulls stops being triggered and bulls exiting trades to get out with minimal drawdown climatic acceleration usually results in a strong reversal, so if price dosent break 1.2007 swing low expect a strong upsurge

IF there is no strong upsurge then i expect my swing low to be broken with another move down, once this level is broke and Price action proves to me that there is acceptence to the downside ill be short bias.

For now still bullish

Have a good weekend all.

couldn't break the high on terrible NFP print..clear short term top is in.. 1.20 then 1.1950...before buyers recover imo.

Not going up. Or, not yet?

triggered some longs here..

that huge candle is a pattern that forms quite often during NFP

it's called a head fake

short 1.2030 lesson to self: don't trust NFP, just be out of the market

if you pull the m15 chart the all time high and the lows follows thorugh will be bring you down to the previouse low of that m 15 chart . they will try to hit the previouse high but not . it will come back to the low only. now after little while you can buy to the next high. i dont know about any news

The Hourly RSI is going below the water line and the Daily Stochastic is high, going short next week after a retest long.

Nice Pin Bar created - was good opportunity for rebuild short position. TP still valid
As I'm trading NFP in ~70% is always an opportunity for reenter