EURUSD

aussie attacking lows, fuk is double edge sword, if the go, geppy could bounce shit squeezing geppy and leaning back to aussie and kiwi

Sold @1.3012, SL @1.3025, TP @1.2945

maybe its just normal pa.

Sure, there are many flows into FX market, so DAX may not be the reason, but it spiked down right after news. I aint much into those correlations anyway, but think there definitely is a link. Maybe weak, but it is there.

Wish I could trade it. Aussie really falling hard, and UJ yet again bullish. Draging us down.

its up to 2979... above it its 3070 or more. below probably a LL... but there is conflict-ion;;; since we should of came to 2972 earlier,, then continued to 3048

Multimple TP hit. 1.30115 1.29950 1.29850. all intraday shorts closed for now. will add some 1.29680

I agree...though it depends on how fast we get to 2975ish area...we might blow through it.

only a view

aiming for break of 2968 support...

Heh - yea that's actually a really good example of a failed H&S and illustrates my point rather well. That one's a bearish pattern, at the lows of a very obvious downtrend - due to that alone it has significant odds to fail, rather than work in the manner everybody would expect... Personally, traded that situation too, but I saw it as a rigged bearish H&S leading to ether a lower low trap-spring (wyckoff), or a double-bottom at/under ~2750. Since as said, this kind of bearish pattern happening at the end of a multiweek 5-wave downtrend, right on top of major confluence (I had a key confluence zone of 2720-2750) - seriously, has high odds of being rigged instead.... That failure spawned a very decent squeeze.

But the pattern completed and signalled, which is what I'm emphasizing - the market needed to complete the pattern to make it obvious - and then signal the textbook break as well, in order to build up enough fuel for a sustained upside trend. So, there's the most recent example, indeed.

In regards to the weight/significance of chart patterns, you said the golden words there - any textbook chart pattern, be it smaller or larger, alone has no edge. Trading the pattern means trading many ways - towards it's fulfillment, it's follow through as well as it's failure - depending on the cumulative edge that builds out of many different stuff, each providing a small edge or a clue, by itself. Power of synergy and confluence.. The single pattern is merely just one tool, another component in my trading - in fact a very reliable component, if most of the other stuff points to the flip side, eg suggest failure of the obvious chart pattern, because I know that the public is following it and trading the obvious, whilst the actual juice kicks in upon reversal to the very opposite direction.

I got next support 9896 did suggest mohan other day 99cents but didnt expect this fall so fast especially with parity in there

Good evening all 6:00 pm here. I missed the German report and the action on it. Was out getting lunch with my mate and have a good ole yarn. lol.. So, looks like it is whipsawing again today.

got + 40 pips on half position, stop breakeven now. enjoy guys!

I'm so tempted to long

Please just not mid of the zone again, I still have scars on soul from yesterdays 30 pips range.

Lovely PA again, guess the central planners still won't allow this pair to escape 1.3000 zone.

Leave them to it, I'm focusing on other pairs now. More fun than this farcical pair

to be honnest im short with my first tp at 1.2859 To exit on my first position and a trailing stop on my second.

2964 is what I'm watching

But its long term trade