EURUSD

1h bounce on 5 ema still looks bearish

any hope of retracement? i cant find a short area...

TP at 3383 and SL at be

Bear trap!

two bounces off of the 1h 5 ema looks like maybe 1 more push to the upside to decide direction

what do you mean?

is when smart money or brokers or what ever move the market in one direction to get the herd running, and then take positions against. Bear meaning downward

SL hit

Good morning all,

I think it is still headed up in London session. Bull flags on H4, H1, M30, and possible even on M15.

Good trading

i got that part, but it went up to get the herd to buy so they can take opposite direction? or the other way around? lol

I also have bad feeling about this, took 25 pips and I'm out

there is a buy divergence around 3600-3650

also that would be the D of the 1234 ABCD thing everyone talks about

come on, down to the pits of hell you beast!

I had a good feeling but my 10 pip trailing stop loss took me out with 41 should have reversed

my trend for shorts on h1 is now over. Unless it comes back below the 50 ema anytime soon I"m flat. E/U is currently knocking on the door of h1 ichi cloud border. Typically if shorts are to resume, we'll see an h1 close below the 50 and get a retouch to take short again.... my two cents..

can i get a chart?

how far before it will down again?

I dont do charts

look at 7:00 est up that is 1 then count from there 234 then same with ABCD
Aup Bdown Cup Ddown

I dont use this much but it seemed to work here dont know what comes next though maybe flat

Don't normally put much stock in these patterns on low TF's much less mention them here cuz then everyone goes nuts for the next 2 weeks and noobs start seeing them everywhere, but there is a fairly sweet looking h&s forming on the 5m ((6m on my charts)) that may bear watching.

I have a tentative neckline down a'rd the 3565-70ish level. Obviously, if it keeps climbing or fails to break the neckline, then it is invalid so don't get all excited, it's just marks on the screen at this point...

((On the 3m chart however, it's absolutely gorgeous. short from 90)) This could also range either side of M3 for a long while yet till NY or whenever w/o actually going anywhere. Very tradeable channel in that case. But these 600 pip moves people are hoping for tonite require momentum, and there isn't any at this point.

Need to get realistic about that unless you're looking for position trade entries. I'm shorting every run up to the figure and then getting stopped out for +3 to +8 or so each time. One of them may be the bell ringer, or not.