EURUSD

Welcome to the zoo

smashes thru 1.28 but seems somewhat rejected by 1.29

about time the true market makers woke their asses up...now all is good again...doubled position at 1.2890 (resistance 2 for pivots and tap almost uper channel) and took profit when i reached 0 for the day...now....true trading begins once the channel wall gets broken combined with fibs and resistance 1....freefall not out of the picture...key values 1.2800 followed by the pivot followed by 1.2680

to the upside is 1.29xx and 1.3000 for true confirmation but who wants that right...

Strategy of the "wild cat" Chart 1

Strategy of the "wild cat" Chart 2

I think it's so difficult now to trade with this currency pair because it's almost impossible to predict...

1.2825 looks bearish.. hmmm heads long tails short. u call it in the air... at least my eur/yen short trade is up 100+ pips tonight. in at 128.95

It's always impossible to predict.

But it is possible to react.























sometimes, I think I can say things that are too deep

Man the market sucks today.

Can someone start a World War or something?

Careful what you wish for...

i think the market is perfectly predictable now. After closing my original position at 0 so now im 40pips +...heres my current analysis and where true trading begins for me.

We were in an uptrend for most of the day which began at fridays close (the low). we just broke out of this uptrend and like most breakouts a retest of the breakout wall should follow. that value right now is 1.2865 and its very important what happens there (i plan to heavily sell if strong resistance). another good entry short for me if no retest is if we go to pivot and retrace to the fib levels and prove as strong resistance (1.2800 area). fibs are strong support at the moment and once broken...only the pivot point remains between now and last fridays low. good pippin all



sidenote=i dont know how pivot points are calculated but that pivot point is 61.8%fib retracement from fridays low to todays high...and the 1.2800 area where the longer term fibs overlap is 38.2%

Hi

I took 200 pips on the EJ since the opening of the markets. but I can't help be be worried a bit. it looks a bit like it picked strength but then again 4H does not agree, so for now I only take 125 at most and see how it plays out

tails it was ..

i picked up 203pips on that pair. im out now but willing to get back in on the retrace.eur/yen also jumped in the eur/usd 1.2825 short but finger on the trigger. i scalped it for 17 pips thus far.

a great night up for 4 hours made 232 pips with no losses... i should go to bed while ahead. this is my fault i make my goal and get greedy!! shoot me now..

I think we'll see a bit of South before things start looking good for this pair

ill let my chart do the talking

dont know how psiholog draw up trend wall ?

for me it looks so:

Sheesh! Someone needs to give this thing a swift kick in the butt. 2850 to go higher, 2840 to go lower. Which will it be?

http://screencast.com/t/ikDmUCaph

I am wagering higher, looking for support on hourly 20SMA.