EURUSD only

i'd like 1.2355 area

I thought your bias is Long

1.2295 double bottom for now. Tested once during asian and now early London. That's usually a good sign of reversal. On the other hand if it breaks .. 1.22. USDCHF leading the pack atm.

Oh boy.. I am tired of telling people the difference between day trading and intraday trading.. sighs..

Okay let me explain:

Every trader can have x amounts of biases.. the amount of his/her biases is related to the amount of timeframes he/she is trading.. Let's say MT4 has 9 different timeframes.. so the trader can have 9 different biases.. Sometimes all 9 of them can be bullish or bearish.. sometimes 1 or 2 of them can be bullish or bearish etc etc.... the point is: Bias is always connected with the timeframe you are trading.

Intraday trading means: trading any timeframe smaller than the Daily chart.. And there you have 6 timeframes on MT4.. A trader who trades the M5 chart will change his bias all the time more frequently than the one who trades the weekly chart..

Inter-day or Day trading means: trading the Daily, Weekly, Monthly or even Yearly timeframes.. Bias rarely changes for those traders..

Every trader has the right to trade both versions.. Meaning a trader can be a day trader and a intraday trader AT THE SAME TIME... he/she might put one trade based on the M5 timeframe going long for example.. but he/she might have another trade running based on Weekly timeframe in the opposite direction.. each and every trade has it's own logic based on the system you are trading.. systems can contradict with each other even when both are correctly giving signals.. long and short signals can come at the same time for two different systems but both have to be taken by the trader since he must follow each system 100% on it's own universe..

So.. long story short: yes on daily chart my bias is bullish.. but doesn't preclude me from taking short entries based on smaller timeframes..

Stay Green

I would say to stay away form trade as big news are round the corners.

"Stay away".... the most difficult thing to do for majority of traders

Stay Green

I believe he meant to say that "Don't be emotional"

Holding short still, Expecting NFP to start another leg down

"Don't be emotional" is a must for EVERYTIME.. he was talking only for the hours before news.. meaning: don!'t trade at all

Stay Green

My target until or with NFP: 1.2235/55

Stay Green

Dear ATA, i full agree on your great comments regarding traders habits ). its really difficult to stay away

Ok, it's a ping pong market until the US important data ...and ...Dgzeeee, import tariffs 'war' ...real economic ping pong ?!?!?!?!?!

H4 Quick Outlook Before NFP

Although we are still selling I am also slowly starting to look for buy setups based on H4..

My precise buy level would be: 1.2267

Stay Green

market won't react to technical moves. specially not on H4 and bigger charts.
for me its better to stay away. or you can do scalping on M5 and M15 candles with tight SL

Morning all!
This is what I am watching for today.
If it doesn't happen this way no biggie. Trade safe.

I have never tried to 'guess' the NFP direction.
Only playing kinda FIFO with the crowd craze when the time come.
I use my EA ...I can't beat my robot ...we're in competition, but this little fellow is better than me

The robots might make fools of us all yet!

In generally they should I mean there are tones of rutine jobs they can make it better for us.
But the fooools (e.g. us, the society as a whole) will never accept them ...we rather love protectionists, economic autarchy, populist leaders, clowns!

We love candy, not reason!

all coiled up, ready to unleash.

I beg to differ