EURUSD

If USD comes from OPEC meeting as the looser, i mean when Russia and SA will not agree on lowering oil price (US has expensive oil from fracking and need higher prices of oil), could it start bullish trend? Just a thought, what do you think?

Tough call right now and possible news makes this unpredictable.

I count no less than 5 attempts the market has done to bait longs - without moving up - since yesterday.

what times does the EU news come out?

search in google for the economic calender

I think this is happening, because Moty is buying

I will not surprised (really) if it reaches the top at 1.0925 today!

any time

the ichimoku cloud kept price from breaking down

the spike is coming

train your dog to bite you each time you loose a trade

the power of a good motivation -- makes you a better trader

i have patience accumulation phase

adding to Moty's sketches, this is why I anticipate it is going up! I didn't take position yet! I wanted to see strength coming in! It has... after Strong Impulse Move, and weakening Corrective Moves. This is seen on three time frames.
I bracket order the thing with Buy Limit order and Buy stop order as OCO!

Would have loved to sell USDCHF instead, but, I fear SNB will not allow USD to sell off so much against it, just a gut feeling, they are the only legal currency manipulator that no one is pointing figers at.

that way this will be a dream trade

Think it, like it is an oscillator on chart

US index

So what should we expect from the EBC monetary policy meeting?

I know it has nothing to do with current entry zone! But, if you are unsure(like all of us, we are just taking the plunge based on our analysis), wait for the next multi-touch level above. What has it done it the past? It is a prostitute level, no loyalty! Price comes, go through it, then retest it, and the level submits and price zoom off it. Classic Support turn Resistance and vice versa. So likely, it will do same if price gets to it, it will pass through it, and retest it as support for a trade entry!

Again, trading is not about how many pips it moved, but RRR. If by God ridden smartness you manage a 10pip stop on that level for a 100pip move, you have a 10RRR versus a person entering now with 50pip stop for say a 200pips target. It is never about how many pips it moves, but RRR!

I don't think this will move the market, but Eurogroup should have greater impact.

Also one reason the EU moved this week is because of the unemployment in US.

The main event is Europe's bailout plan which they didn't agree on a couple of hours ago.

I was still sleeping when I did that. overbought and oversold just turn around, bollinger bands

price just keeps hitting that yesterdays open