EURUSD

EDIT: where was your stop-loss? Playing with an open stop-loss is always dangerous.

Where is this next resistance ? 1.0990?
Very strong bullish. Don't understanding where it will stop!!

Wait and see

Probably if Oil bounce could help EU bear

Infinitus posted info in his thread (http://www.forexfactory.com/showthre...01#post8199001) and I posted charts in the Useless thread (http://www.forexfactory.com/showthre...31#post8239931, http://www.forexfactory.com/showthre...70#post8242670) at the end of last April when it was being claimed that' there will be no other fundamental force, macro numbers or else that will prime over a CB about to hike' showing that that a rise in rates (or an expectation of them) does not always correlate to a rise in dollar strength historically (to pretty much general ridicule).

EurUsd was trading around 111x then and after the monthly engulfing bar at April's close traded up to 1.17 as we know. One could, of course, argue was because the rates trading mode expectations had yet to sink in at that point , but that's rather nebulous. What did cause a huge drop was China cutting the reserve requirements and Draghi coming out super dovish. (EurUsd has been moving opposite the the equities markets lately, and liquidity or the promise of more of it makes the equities markets rise.) And the last big move was caused by Draghi seeming to weaken on that a bit. So maybe the market is interpreting that as more important than a quarter of a percent hike with a mildly dovish fed behind it.

Trouble with fundie trading is that there's always something you haven't considered or have no good way to exactly put your finger on (are we trading expectations yet? or have they already been factored in?), whereas with BIG tech signals (like the aformentioned engulfing bar last April), it's pretty clear that someone with a lot of money knows whatever it is you haven't figured out yet. http://www.forexfactory.com/showthre...99#post8238399

It was different reality back in 2009 - beyond my pay grade

i agree with you
EU just retested broken trendline
besides , H&S already formed on H4 , members already mentioned that
good luck

I think bullish force little bit decreases and this hourly candle will give clear direction.

5 red closes on M5
Edit: okay make that 7

I hate these short covering melt up days,market feels so thin.

i know how it feels. hang in there. close the position and back to the drawing board. something in your trading system is not right. try to figure it out. good luck!

Bull on the 8th - or not

please use this indicator
it will help you alot to spot " breakeven " price of all positions if price went against you
everytime you open new position
select the BE line , delete , refresh
the new BE Line will appear to you
make you calculations right
if the price retracement might reach your BE price
wil be good chance to close all positions at BE
and get out of the trap situation with good money management
use it wisely
good luck

As I see it, the pair is in a consolidation structure between 1.08 and 1.1050, post Draghi ballsup. We are now closer to the top of that than the bottom, and in an uptrend. So its probably gonna hit 1.1050 from here. The question is whether it will then head south again from there. My view is yes, based on the structure itself and a bit of a fundi view.

Up to you whether you want to hold on through those stormy periods that lie ahead....

Long @ 964 tp 1010

both yen and aussie ....

fundamental reason for eu going up: because people are buying. end of story.

It all depends on your trading style leverage etc. I'm fairly new to trading and don't to pretend to know so much but in my experience the majority of trades I've come out loosing 50 to 100 plus pips low and behold it turns and 50 to 100plus pips down the line it turns. I could have had so much more success if I wouldn't have chickened out those times. I've read some stats some time ago about number of pips risked and success rate and at the 450/level was where it maxed out.Just my 2/cents.... From a newbieBTW I'm short Eur/USD @ 930 2 lots of march future contracts

short n sweet. Good

last months open in EJ was 132.82, might see some resistance there...but not matter, I've made my bed...

bbl, gl...PTL

USD bull is over for the month to year. Bull seen next year along with rate hike.