EUR/USD 5min - Trendlines and Pivots

Just waiting for something to happen.

http://i288.photobucket.com/albums/l...g?t=1288685419

Possible shorting area

http://i288.photobucket.com/albums/l...g?t=1288689821

I went short at 93 with a 15 pip stop, I will treat this as a swing trade, right or wrong the R:R will be excellent none the less.

Stop now at break even, looking for a retrace to at least 1.3896 on this bad boy - if i'm wrong, no problem, it's a free trade now.

Over 30 pips in the clear and still holding

Looking bullish on the 5 minute chart now with a falling wedge break, looks like this one will be stopped out BE and if so it is a zero day.

Out break even, oh well. The set up is now bullish as we have broken that upper trendline. A close above there on the hourly could be a nice long however with the elections on the horizon I would be careful.

I was out but these two set ups were decent enough.

I will chalk this one down as a zero day, too risky now. Lesson learned: lock in pips when in profit.

http://i288.photobucket.com/albums/l...g?t=1288699689

Looking at this on the bigger picture now.

http://i288.photobucket.com/albums/l...pg?t=128870169

This is also exactly the kind of set up I would normally take too, bull flag break and retrace. R2 would have been a good target for this, or just shy of R2 there is a upper channel on the 15min (not shown). In fact, that channel pretty much intersects R2 so I will probably take a short from there.

http://i288.photobucket.com/albums/l...g?t=1288705666

Also a rising wedge looking like it may break for a short trade.

Thats a break so I am now short

Stopped out -12..

http://i288.photobucket.com/albums/l...g?t=1288706963

Stop may been slightly too tight, I was changing it to 14 as I got stopped.

Hits my stop to the pip before reversing in my favour, what a joke!

This happens now and again, I guess you just have to shake it off. Should be celebrating a decent profit by now. Here's what I think hypothetically could happen.

http://i288.photobucket.com/albums/l...g?t=1288708696

Currently long on the break of a bull flag

Stop now at B/E.. target has to be R2, 1.4071

http://i288.photobucket.com/albums/l...g?t=1288711473

Out break even.

Last chance!

http://i288.photobucket.com/albums/l...g?t=1288713638

Currently long and will look for R2 again. However this market is dead at the moment.

Stop now at break even.