EURUSD

Today Usd/JPy moved about 200 pips UP . At the same time EUR/USD moved down 67 pips. Correlation between this pairs on dayly bases for march was 65% then ( for example I use it for june.). Then EUR/USD should go down 130 pips,but it didn't. Why . Because of the stronger resistance. Which means EUR/USD Want to go UP. not down. And I expecting to see it to move Up.

So who died?

Thank you, I've put my s/l @ 1.4260

Thanks Aluhuzaifa and Atlast . Hope I will recover soon though the illness seems nonspecific , all tests ok just feeling of unusual tiredness ( ofcourse there was a fall yesterday from chair after it broke ) . Too much hot weather for last few days & continuous AC sound can do it.

As I seeing the market moves there can'e be any loss of confidence , in the all bullish set up it is moving up & down too slowly that anybody can take some pips in each movement. Now price should go possibly to 1.4230 to break again towards 1.4100 area ( or to short cut 1.4150) & run bull again.Hope will take this short though risky.Bull seems not so fade up & but the bears are .
thanks .
fontu

out with 21 not bad i wasnt in mood to trade today but some thing is better then nothing

it seems u need a vacation for few days...

now i gotta wait for next 4hr role over.. to be honest im short also.. i got short after last long scalp..im hoping the daily is a magnet... ak4x will post some new ones in a few hours... ill adjust then

Sticking to last weeks analysis for now but it could get zig zaggy in the extreme as profit takers get bolder. Remember this a weekly chart.

In any event, out for the day... come what may.

Got out with a marginal loss since I saw the move developing in time. But I didnt have the balls to shoot into its direction.

chart linked this time, dont want to screw up the horizontal thread size again.

I am still looking for a short entry... its knocking the major trendline and looks toppish in h4 for me...

Right with ya. Gonna pull 1/2 at 4243 or there abouts.

NE

Damn, that spike just killed me. Wouldn't have been a big deal but "user error" had me put the wrong size position so I lost all my profits for the day.

I really need to stop trading by noon every day lol.

Just to clarify... We ARE at a certain kind of TL on my charts.. It's a descending diagonal and I put little merit in those as a rule unless confirmed or converging with Hzl TL's...

While some sort of case could be made for S/R here, on a longer TF, I simply feel there's a case for stronger S/R up a'rd 4350ish (green bar)before any real pullback for reasons I've already posted her and elsewhere.

All that said, the market Rules, and if it turns here, then so be it and I'll happily quit shedding my winter coat and start growing my Bear coat again... always lurking on the sidelines.

Out at 1.4224.

Going good. Nice trade.

Ya...cause you weren't! You've had losses but don't have the guts to say!

http://tbn1.google.com/images?q=tbn:...nimom/bull.jpg

1.4244 is a good short entry. 15 sl & 50 pt.

Pulled 1/2 off at 4234, nice trade, stop to B/E +20 just in case it wants to run.

NE

if this thing makes a new high I will short for 50 pips.

Thanks for the advice , it seems so .
Shorted this time from 1.4230 .

fontu