EURUSD

we have new support. But waiting for evening FOMC.

update
we have to get over the purple line (1.0649), otherwise we go lower

BP 5' --- Changed my mind. . . SL 1.24 07 , as shown . . .

BP 5' --- Stoped......felt silly....and reshorted. . . .

F.g Why are you shorting in an uptrend?

Story behind EURUSD for longterm

i think you are confusing price with all these lines.it doesn't know where your tp is . lol

Hi, new friend. Welcome to our thread. An uptrend is an uptrend until it is no more . . .The job of a trader is to smell when this about to happen . . .
Keeping my shorts without SL fttb . . .

E. H. --- The big picture...

BP H. --- No serious damage has been done YET . . .

Hey there. Just realised you are trading the 5 min chart and I look to the weekly/daily so two different ball games.
Good Luck

'An uptrend is an uptrend until it is no more . . .The job of a trader is to smell when this about to happen . . . '

Actually I disagree with this. I follow trends once they are established but find predicting the end of trends to be dangerous. Predicting the future is impossible.
However momemtum does exist so I prefer to go with the flow until it changes direction then follow the new direction.
It's a bit like the sea. For me the weekly chart represents the tide created by the moon. The daily chart the waves created by the wind and lower time frames are the ripples created by drops of small stones.
Tides are more predictable than wind and ripples are totally random depending on who throws the stone where.

That's my philosophy but then again who the ..... knows.

Great....divergence @@@ !!! I love it .

Chokdee , I appreciate your comments.

1000%, you will be see that EURUSD going below parity level again

Adding to shorts. . . .

BP 5' --- Doing just GREAT . . . . . . .

BP 5' --- I hope I get that pending to T.P. . . . . .

BP --- DONE @@@ !!!