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Attachments: EURUSD
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EURUSD

looking for a short entry point...
I'm short again off R2 (correction). Expecting some heat, round numbers not far away.
Quoting cdforex
short 1.3961 SL 1.3990 target open
i hope u was out of that trade
I expect this is just a headfake before resumption of bear trend, so I'm still in my short at 3920.

I took it in hopes of hopping onboard the short-train as we hit the 100 SMA, which is typically a good place to enter along w/ the trend. This is a longer-term trade, so I'm hanging on to the position.
Quoting Atlast
R2 1.3991 reached.
Mine is at 1.4011. That's the difficult thing about a 24h market.
-pivot R2 reached (1.3989)
-4H fib (1.3955)
-daily resistance from 6 days (1.4000)

i think the down trend will be back in action
Successful people will do what unsuccessful people won’t or can’t do!
Quoting Xaron
Mine is at 1.4011. That's the difficult thing about a 24h market.
That would be a double top also. lets see how the money moves the market today.
some of you guys are using wrong pivots, the right ones to use, and the most widely used are the once that start at 5pm eastern.
ok Friendo? This is madness!?!? - THIS, IS, FOREX!!!
Quoting Alihuzaifa
i hope u was out of that trade
nope, still holding it
Better safe than sorry
Quoting Liger86
some of you guys are using wrong pivots, the right ones to use, and the most widely used are the once that start at 5pm eastern.
Plot those pivots on your chart and see where price respected and let us know.
Quoting Alihuzaifa
i hope u was out of that trade
Why Alihuzaifa? Now New York open, down 100 pips
"Buy on fear, sell on greed !!!
Quoting F.x.
I expect this is just a headfake before resumption of bear trend, so I'm still in my short at 3920.

I took it in hopes of hopping onboard the short-train as we hit the 100 SMA, which is typically a good place to enter along w/ the trend. This is a longer-term trade, so I'm hanging on to the position.

Market buggery...it hurts!
Quoting notch
Market buggery...it hurts!
Notch do u have a revised PH, PL?

This might be a bull fake before home sales
Quoting PipGal
Notch do u have a revised PH, PL?

This might be a bull fake before home sales

That's what I'm thinking... Imagine all the SL's that just got taken out, then after news we resume a drop that will take us down several hundred pips...
Quoting F.x.
That's what I'm thinking... Imagine all the SL's that just got taken out, then after news we resume a drop that will take us down several hundred pips...

I'm with you on that one
Better safe than sorry
news in favor of euros or dollars ?
"Buy on fear, sell on greed !!!
Quoting Petar_Serbia
news in favor of euros or dollars ?

Based on the news so far today, the Euro should have dropped.
Quoting F.x.
That's what I'm thinking... Imagine all the SL's that just got taken out, then after news we resume a drop that will take us down several hundred pips...
Whoa, several hundred pips. Got to be some news. Don't think I want to be in the market when news breaks, as anything goes.
I'm short at 3951 then i added at 3847 now its all in the red I should've taken my profit but i was so convinced we'd go lower.

Everyone including me thinks its a bull fake out what worries me is the majority is usually wrong.

anyway if it goes higher and breaks the resistance at 1.4011 I'm out
Quoting PipGal
Notch do u have a revised PH, PL?

This might be a bull fake before home sales
Sorry for the delay I was scalping.

No. On the hour. The last hourly PH was 1.3999.

PL: 1.3982
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