EURUSD

maybe but for me that's a warning sign.. bullish engulfing into highs/resistance.. That's how they suck traders in..

My advice here is.... you have to look for it.
If you have to ask where... then you're not ready.

Ken has pointed out (and reminded me, funnily enough) how I got my number which was by accident.
Having said that... I discovered it because I was "measuring a move".

Gator always uses a stretech rubber band for his example. What happens at extremes?
To know how it will react you must measure its.... what?

Thanks, learning things day by day.

........this is boring please. Can you just decide eu!

BOOOM!!!

EU has been decided since yesterday morning, just not very many are seeing it.

3010



Like I said this morning, not sure why people are selling this, the thread seems to go the same way as it was yesterday.


Yesterday morning everyone was buying it every 5 pips and today just about everyone here is selling it every 5 pips, does it really take the average retailer that long to figure out where we are going and by the time they do, price has reversed already and they are once again on the wrong side of the market?

Interesting place this thread here, lots going on that I am not quite sure about just yet....

I wonder if some traders come here with a bias, post an idea for a trade direction, use their own charts to justify that bias and see if they can get confirmation here from other members to validate that bias. that then in turn gets used in the crowd behaviour and a trend gets started on the thread lasting all day and the many participants just can't see what is really in front of them as they are so swayed by the dozens of pages looking solely for one direction in this pair, the wrong one.

Yesterday we had pages filled with members picking a bottom every 5 pips and we kept going down, today we have the same in reverse......

I said yesterday that I disagree with about 95% here (I will probably never get one of those coveted vouchers...). There are two or three decent traders here who seem to know what they are looking at, the rest are too inexperienced really to see what is going on

I sincerely hope I don't offend anyone here as I am the new kid on the block, but it is interesting to watch it happening live each and every day.

shouldnt it be bearish with much better than expected new home sales?

3030-35 should cap it, if it goes there.

This is getting scary. I hope they know what they are doing. Back to 1.3000s actually mean Asia sovereign reserve managers start buying this criplle again. They have somehow lost their appetite when it was smacked below 1.30 in May this year.

Bearish for the dollar yes, but not for this pair.

Nah. Stoploss huntin complete (R2+1.3000) it's just that. You think too much Esp if that M15 closes as inverted hammer, then the NY traders will reverse every gain made by LO, profit taking from the LO partners long positions. Tomorrow is end of month, everything must be squared in profit.

So when you choose a wealth manager, make sure that they have an office in London/Frankfurt and a NY office. That give you better leverage. You can almost be guaranteed closing every month in green.

Right.

Me too, neither long, nor short. But will wait to short.

My chart says all TF s are bullish.

Scalped another 5 shortside.
LOL...

come on 78! haha..

could be down from here, closed my long.

Let us see if the momentum returns here above 1.30 Gold, Silver and AUD holding as well.

still long way up imho

Think too much? I posted my number this morning and we got there, pretty much to the pip, I am not the one finding tops here all day long every 5 pips......

It has been choppy this session, can not make out whether she wants to go up or down.

Will wait for confirmation to enter short. Not just based on one 5 M Candle. or resistance.

1.2800, 2810,2830,2870 all are resistance.

~Come to poppa!

Looks like 4H would end on a doji, right on London close and the Yanks have the ball.