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I think that the EUR/USD has worked off it's bullish energy. It's moved 450 pips up since January 25th. So now I am looking for it to continue to drop. However on the 4 hr. drop I am still seeing some bullish momentum so I want to see that subside first before I consider taking a trade.

I'm looking for the drop to occur sometime after 8:15 pm (GMT+7) as this is when the ADP Non Farm Pay Roll change will be announced. My time indicators are saying sometime between 9-11 PM (GMT+7)

I'm changing my bias for the EUR/USD to bullish. I think we are seeing the potential for a trend change. I thought that the weakness would continue, but we are seeing bullishness in correlated pairs and I am getting buy signals from some of my indicators so I am looking for a solid pullback to enter on.

Around the 1.137-80 level looks to be a good place to enter. However since it looks like the weekly cycle up is complete I need for the STC to become oversold on the 4 hr before I think about entering. With that said I don't think we're going to see the setup for this pair until next week.

It looks like the pair is going to continue to fall. The trend is still down, and I've got signals on the daily chart down. We need for the 4 hr. STC to become Overbought and I'm looking for the reversal to occur at around 1.1245. Keep in mind that when it reaches that level you will want to see exhaustion patterns in volume and a no demand candle as well as good technical patterns, candlesticks or whatever you use before entering the trade. I'm anticipating that this will take place between 8pm to 11pm (GMT+7).

On Monday I said "We need for the 4 hr. STC to become Overbought and I'm looking for the reversal to occur at around 1.1245." I managed to call the reversal within 5 pips and the high was at 1.1239. I also said that it would top between 8 and 11pm (GMT+ 7) and the top was at 7pm, so I was slightly off. If you managed to enter this trade it dropped around 80 pips. I am now seeing buy signals on the daily chart so I would recommend closing this trade if you're in it. I'm not ready to enter long yet, but I am seeing signs that the trend down may be weakening at least temporarily.

It looks like I was a bit too early on the exit from the EUR/USD, but I did get a signal on the daily chart to do so, so it's what my recommendation was. However I am now seeing sell signals again, but since today is NFP I am going to skip trading today and wait for a pullback to the upside before I consider the short. I didn't manage to get the entry on the EUR/USD, but I did take a short on the EUR/JPY on Monday night, which I got stopped out of yesterday for a 120 pip gain.

The EUR/USD is on a tear to the downside, it's like a steam train to the downside. I'm still looking for it to fall some more, but want to see a pullback to the upside to consider the entry. There hasn't been an opportunity to this week as there's been very little pullback. However it does look like an opportunity may be beginning to present itself. The pair has pulled back about 145 pips from it's bottom but the 4 hr STC still needs to become overbought before I'd consider entering. In addition you should an Exhaustion and then a No Demand bar on the 4 hr. Volume Spread Analysis before entering the trade.

I'm not seeing anything from my time based indicators, except for a possible drop tomorrow at 12 pm (GMT+ 7). Otherwise just keep an eye on the 4 hr. charts for a possible setup. Although I didn't manage to get a trade on the EUR/USD this week, I did squeeze 222 pips out of the EUR/AUD, and it's still dropping. There also appears to be a trade on the GBP/USD to the downside that is starting to look good as well.

I'm still looking for shorting opportunities on the EUR/USD. I have another sell signal on the daily chart and it looks poised to drop some more. I am looking at an entry around the 1.650 level. However make sure to get the NO DEMAND bar on the 60 Minute chart before entry as it may go higher before it drops again.
It looks like the break down will occur between 2-4 pm according to my time based indicators (GMT+7).

I'm still looking for shorting opportunities in the EUR/USD. I'm looking at 1.0880 as an entry point, and for the move to occur someplace around 9pm (GMT+7). However this is also around the time that Draghi is speaking, which may or may not cause a spike. If you decide to enter before his announcement just be aware of the added risk.
The short entry that I suggested on last week's Euro trade did manage to get stopped out for a loss of 30 pips due to announcement spike. However the pair did subsequently drop, although I never got the entry I was looking for.