Trading EURUSD only

So do you think it's putting in a top or just going sideways then a leg up again?

I am not taking any position at this time. I will wait until all three histograms gives me buy signal.

Daily look's like "forming top" pattern, but I'm still bullish (not so much though, last week I was all Buy deals, and today i had Buy and sell 50:50, too busy to keep an eye on the MKT (like every Monday), but i got bloomberg apps for my phone and I'm listening bloomberg radio all day

BTW my project on "import all the M1 data into MySQL" just finished and I'm gonna jiggle this data a bit to look for some interesting data!

Coming down to around B and then back up to C. I really don't want C to extend past .3160

Some food





And here is the Excel version:

My Long @ 68 exited this morning +13

Existing Short @ 57 I took this morning is now +29

Looking to bail on this short if the RSI3 (10M) goes +50 or PA goes above 5 SMA (10M)

See why I dont use SL and instead exercise patience while trading smaller than rational...

The MM pyramid always pays if you play it right

Exited short @ 58 +20

Reason PA went above 5 SMA.

Next existing short @ 1.2990 which is withing Price Saturation Zone so will stand down at this level.

Will re short higher.

Moving Average Model update

Updating our rudimentary moving average model it's not that much of a surprise that its shifted back from long to square (our model has 15 components so -1/+1 is square) The model will go -1 unit EUR/USD on a daily close below 1.3074, a close above will be +1. The surprising thing about it, is that it's a long term component that keeps pirouetting plus or minus 1. The 144 DMA is what's causing the problem, whereas our other long term M/As, 200-DMA and 55-wks do not turn until 1.2912 and 1.2894 respectively."Normal" for the blended model is 1.2660/1.3260 which gives us an insight into market balance, we are closer to overbought than oversold for M/As between 24-hrs to 55 weeks

1. EUR/USD selling accelerated on North Korea threats, Boston blast
2. Earlier attempt to rally the pair ended after spike up near 1.3110
3. Draghi drove that by saying OMT intervention would be ex-ante unlimited
4. Risk soured as commodities continued slide from last week
5. Break of 1.3030 puts 1.3000/05 (10 DMA, April 9 low) in play

Pipnography for Pip Pervs



http://www.forexfactory.com/attachme...1&d=1366059288

Long @ 48

Pipnography for Pip Pervs



http://www.forexfactory.com/attachme...1&d=1366073459

Going to bed so I am setting a 10 pip TS what I get I get. already up +20 on Long @ 48

May short on ZEW

Also set a LO to Short @1.3099 Lets test my theory that hard stops get hit.

Set 10 pip TS on Long @ 48 already +32 its free money so I can sleep well

I'm rather surprised by this recovery

TS hit on Long @ 48 for +22

Long @50

taking profit?

I'm stunned from this move. I was short .30770 and closed -30 pips, short again @ 1.31 I expected the price to fell hard after such a rally and the short outlook of daily but now it seems that the price is cooling the RSI and stabilizing @ current level, preparing for another rally.

ET JD got the MKT the way he wanted it. Stop buying man, let the price come down my way , you are pushing too hard . Kidding aside you're the man man.

Out of long @ 50 for +55

Short @ 1.3099 when LO was hit

Existing long @ 1.3131

SH 15 off Fib channel