EURUSD

News says up...and its just hanging ....

Great Guy as Acumen said it before....just watch the price ...Thank u man

Wake me up when its time to go long, but for now, the trend is short, so I'm short.

I already set a buy stop at Algidras recommendation ...my advice is you lock profit or set to be ....market is really unpredicatable

Thanks Athahira.

I scaled at 36 pips and locked the rest at b/e

Can I take some advice from you if possible as you know your stuff.

I am open short from

1.2487
1.2452

so currently losing on both.

I dont mind sitting in for a while longer, just wonder based on what you have posted if this is at all likely to recover.

Shorted the 38% pullback of the last spike down (515), in at 509

I am now targetting 1.30-1.32

As I can see today we are ranging so price should go to 1.2460 so close your orders at that price and wait for better oportunitu.

thx for the suggestion...
btw what's the target for EUR/USD?
is it 1.27?
thx

Wait to see 1.2417 or 1.2397 level to go Long and set SL 1.2377.
Or more safe wait to see if price will get smashed at those levels to enter few pips above.

daily pivot at 1.2500.. minor at resistance at 1.2520 .. very volatile condition right now.any thing can happen

Just closed both with profits.

Just retested the pivot, hopefully she will fall further now...

I am using the pivot points from http://www.thefxpivotpoint.com/Videos.htm with MT4

This is my current H1 chart. I do think it is going down.

I think in a few while it'll go down..

I'm thinking that we'll re-test the 2400 level either today or the start of the asian session. When I look at the daily time frame it still looks very bearish to me. Who am I to catch a falling knife?

hry where the trend going now

This chart shows the 20m PA from Session Open at 5pm EST Monday to present...

The Cyan lines are the Quarter Points, discussed earlier. In some cases they coincide with other dynamic S/R levels and in others they don't. The degeree of respect price has given to all the pivots (and the single high TF fib) in particular during this session has been classic.

Since the Central Pivot was so close to the DP, I didn't use it this session, and doesn't apppear on the chart. The shaded ellipse at the session start is to highlight the posted comment I made at that time, that I would be expect PA to be looking for M2 first as the price immediately went south from the CP (1.2492) and that's an early indicator for me to watch for the asian open.

The mom with which it hit M2 would then indicate either a HARD bounce following, or bust on thru to S1, and so on. The wick on the S1 (almost) tap and subsequent failure to then continue on told the tale for remainder of session imo.

Looking back, the PA in this session is full of amazing clues as to what was going on, and properly interpreted, makes it look so simple now... The rejection at that level, busting this one, the indecision doji's, the lower lows on the top end thru early NY... it's all there.

In an otherwise chaotic whipsaw market, anything that helps plot the PA on my "mental grid" is a welcome addition to my toolbox, and I like my toolbox to resemble something like my Leatherman... small, efficient, versatile, and fits in my pocket (or on my chart).

Sleeping in today? I just sent you a pm.

pivot being rejectet but suspeciously.. yet below 1.2440 .. the euro will be in trouble