There is no clear direction of market movement now.
Re: EurUsd short term 15 replies
NFP nice bump up on EURUSD 2 replies
Dislikedsame logic too. looking for that break too. my possible reversal area goes from 42 to 54. if we get past that i have 90 to reverse.
chicken bones tell me we will go up. until chicken bones tell me otherwise i will be long.
DislikedHow far are you riding this up ??Ignored
Dislikedi am in the red on this last trade right now.
still believe we are pointing upwards right now... not a lot of conviction, though.
since i am a little more bearish than bullish mid term i will take my pips as i go up rather than leave the positions to run.
very slow today. lets see if us bring some strength.
we take what it gives...
Dislikedthis hour might be interesting regarding pa...i hope to see either a new high or new low to take a position...
But monday ain't fun...it's often boringIgnored
DislikedWelcome back Fontu, yes we are trading the end of the consolidation and bears havn't done any major damage yet .... Good luck on your position later.
DislikedThanks sisse, yes apparently so & took one one lowest long to see later in all 3 pairs though they are not equally ready may be for up.
Try back later.
Dislikedi'm not going long.
I'll wait for divergence on 5M.
I've posted few weeks ago almost same pattern.
That pattern from monthly loves repeat on 5M. More interesting is that, if we turn monthly by 180* then we'll see pattern what occurs very oft on 5M too with divergences and clear entries.
What happens at end ? For longer term exit is downside without breaking first swing high. With high probability it will happen on Monthly.
Just shorted at 1.2825 SL 1.2835. 10 pips is very small SLIgnored
Dislikedchicken bones still read up but 17 is putting a hell of a fight.
40 might be strong obstacle so, since my first tp is at 57 and we might no get there, i will put sl at be around 40 in case things go wrong at that level.
Dislikednot only monday the whole month august is bank traders vacation i used to get vacation in it but this year is differentIgnored
DislikedAww, okay I see it now. Thanks, please let me know when you think it's starting to run for the Bull. I have a feeling that today would be a Bull's turf.Ignored
DislikedWith all due respect your comments are misleading. It's a long time since low liquidity and low volatility are the rule during august. That was true years ago before the boom in electronic trading and it was only "valid" mainly for stocks.
IMO this is based on some "trading myths" that appear in forums from time to time and are not relevant from most small traders.Ignored