Trading EURUSD only

5MIN chart with rangeing channel. Also bullish div forming.

GM m1/All,
Possibly a Flat forming?
3H Chart gives clearest indication of current market action.
Cheers,
U2

yes possible.
I see possible bottom ~ 3285.

Long entry 3304 expect ~10pips

5min bullish div average playout ~15 pips
Took it also from the bottom of the range

exit for 4 pips... (daily cigarette pack)

But it seems to me that 1H candle wants to test 200MA @ 85
4H 200MA at same price (which closes in 54min on my broker)

got 5

Now waiting for 3285

another 1h close drop

Price still in the range channel.

I'll try to play the range right now. 1MIN and 5min bull divs. 10-15 pips.

Weidmann is hawkish in speech i expect some up movement.

Good morning all. Could not sleep, figured I would trade. PA making me go to sleep again.

But yes, looks like it want flat, now maybe triangle. Looks like 5-3-5 on 4 hr, don't trust indis in flat market.

Will give it a go if it gets to 3289.

Market wants to play games, I will play.

As a German American, don't we expect the Germans to be hawkish?

Something about wheel barrels of money has a lasting impact on a culture.

Get your point though, markets stopped discounting the future awhile ago. That would be interesting study, but definitely changed.

FRANKFURT--The prospects for the German economy have improved, indicating that any slowdown in the euro zone's largest economy will be short-lived, Germany's central bank said Monday.
The Deutsche Bundesbank's upbeat assessment comes just one month after the central bank slashed its 2013 economic growth forecast for Germany to 0.4%, from a June estimate of 1.6%, and warned that the nation may dip into recession over the winter months.
Since then, companies' expectations have brightened, particularly with regards to the outlook for exports, the Deutsche Bundesbank said in its monthly report.
"Thanks largely to demand from third-world countries, industry orders are on a recovery trend since the start of autumn," the Bundesbank said in its report.
Germany's economy contracted in the final quarter of 2012 by around 0.5%, according to an estimate from the German Statistics Office, due to weaker global demand and recessions throughout much of the euro-zone.
Any downturn would be temporary, as the export-driven nation is well positioned to take advantage of improving sentiment in Europe and any pick-up in key export markets such as the U.S. and China, analysts say.
The stable labor market and increasing employment prospects in the German economy also suggest the economic malaise won't last long, the central bank said.
The number of registered unemployed in December surpassed that of last year by 60,000, the Bundesbank said, leaving the seasonally adjusted unemployment rate at 6.9%. The central bank also noted that the number of workers receiving help from a government program that incentivizes companies not to lay them off increased in October, but remains at a very low level.

technically still in range and also low volumes.

GM Mr.S
4H Chart:
Labeling is from a Complex Corrective Pattern [Robert Balan Style].
By no means a perfect fit.
Second half looks like a DZZ,
so I will go with it if it bases.
It may also just be a DT at ~1.3400,
and get smashed down down down?
Cheers,
U2

There's a QLY High at 3308 [Q4 2012]
Looks like they are trying to base it there [atm]

10 pips plus.