EURUSD

might, gl

should see continuation to the downside

Thanks a million

What's TP ?

Not enough fuel, evolution of down movement takes more time.

As you see we did it!

Any chance it zooms back up higher or this is the downtrend that will continue til tomorrow +

Reentered DAX long @ 9706 sl - 9686


eu, uc are still running.

Edit: Closed uc +15. Don't look it will go up from here.

Opened USDCAD short. If it is not going up, it should go down. at 1.3249 sl - 1.3267

Yup..Looking forward to do more of it...

eu may continue north with a close above 1.1015

yeah especially with that H&S on H1. strong.

Daily close?

damn. that sucks. but the outcome was pretty much evitable imo

I thought H&S needs to have a negatively sloping neckline for it to be a H&S?

EJ H4 same, it ain't ****ing pretty, but all the same shit anyway.

it needs a string of diamonds and a gold medallion.... And a tattoo of some hardcore forex trader...
Now, what about tomorrow - who keeps long, short or nothing open??
I'm short ofcourse.

short EU via short 10 lots EG. Pre-ECB.

Hello, everyone! Already second time we made profits, trading on daily levels calculated manually, by me every day, even tho market is ranging and before ECB a lot of traders are afraid to trade! The Pair is respecting these levels, see posts before to see for yourself!

Description!
Even tho Today is ECB day, and nobody knows what will happen, anyway I have some insights, and trading plan set up!
Market Respected these daily levels back in 04.03.2016 when NFP came out, so who knows we may see it today as well!
NFP Release day Levels - View image: NFP
My Trading plan is this!
If Pair now falls down to DSSA 1.0955 - 42 without touching Daily Sentiment 1.1012 first, then It is a BUY opportunity and if DSSA holds I will be buying!
If pair now touches the Daily Sentiment 1.1012 and does not break it upwards I will place RISKY SELL on Daily Sentiment level, with SL 15 above it, and TP will be DSSA 0955 level!
If it breaks DSSA level by X pips, we could see further Downward movement! The same rules applies to DSRA.
If pair now goes up Breaks Daily sentiment, then Breaks Sensitive level 1.1052 I will be looking for price not fall below Sensitive level by 23 or 35 pips, if it does fall, then Price could come back down! If it does not, then we could see upward movement to Test DSRA.
All the yellow lines on chart, I call them ROAD BLOCKERS! Place them on your chart on smaller TF, and just look how price respects them in most cases, meaning it can fall down, and stop for a moment on ROAD BLOCKER level, then after some time keep going further! These yellow RB are just for background! If you are interested, be sure to place them on small TF on your chart and monitor!
Good Luck!

Weekly Fed Watch – Hike probability increases further

Another pretty busy week behind us. The data for two most important elements of monetary policy were released last Friday.
NFP printed way above expectations. We saw 242K vs 195K prior. This is a huge boost to US employment.
Unfortunately, markets didn’t care too much about new jobs.

All eyes were on the Average Earning report. This came as a big disappointment and contracted by negative 0.1%.
Market expected a growth of 0.2%. No wage inflation for US this time.
It seems like inflation is much needed to force FED to deliver promised back in December 2015 -1% discount rate.
At this stage(mid-March), it seems unlikely in 2016.
Having said that, markets increased their expectations of interest rate hike for 4th consecutive week.
It worth mentioning that each month almost doubled in probability since 10th January.
50% probability is now priced for as early as July.
The biggest weekly rate of increase was recorded for September and November.
These months are now priced at 58% and 61% respectively.

March is priced in @ 0%. This is down from 2% previously
April is priced @ 20%. This is unchanged from 20% previously
June is priced @ 44%. This is up from 32% previously
July is priced @ 49%. This is up from 35% previously
September is priced @ 58%. This is up from 43% previously
November is priced @ 61%. This is up from 47% previously.
December is priced @ 72%. This is up from 59% previously.

just a little pending entered before i go to bed :-) pending sell 1.09930 TP 1.09780 SL 1.10034 ... just a little one bit played nice and save ...

EURUSD seesm to be becoming RANGERUSD again... this pair has been so crappy for the last months.