Trend will change depending on which TF your looking at.

EURUSD

I still think large moves like this need to be supported by fundamentals. This chart might look pretty but the fundamentals just aren't there for me. These problems don't solve themselves overnight. To each their own though.

EURUSD

Yep, this is how I've felt all week. This is about the most illogical I can remember seeing things behave.

EURUSD

Oil was down the rest of the week. Just felt to me like this should dump quite a bit more given the fundamentals for the week and the recent run up this has had.

EURUSD

Sure does feel like this thing is being propped up. Seems to only correlate with stocks, commodities, risk aversion and all the news coming out of Europe on the upside, and then just kind of hangs when the DOW dumps, terrible bond auctions, oil sell ...

EURUSD

Yeah, you probably want to enter on a pullback of the break. Not saying the trade wont work out for you. If it breaks you'll probably be in good shape, but shorting bottoms at a strong resistance will get you burned sooner or later.

EURUSD

This is interesting. Is this based on the assumption that increased borrowing this year over last is going to push these states over the edge? Just wondering what specifically separates this year over the last few decades.

EURUSD

Euro and USD are both a mess but my sentiment is bearish. Like I've said before, previous to the last six months or so Euro has been rallying against the dollar under the false assumption that they had things under control. This isn't a problem that ...

EURUSD

I we knew we would all over leverage our accounts and be millionaires in a week.

EURUSD

I bet it breaks to the upside like every other H&S this week. I feel like I'm in the bizarro world trying to trade this shit.

EURUSD

This POS has been illogical all week. You could have made a killing doing the exact opposite of what common sense would dictate.

EURUSD

Yeah, I was thinking the same thing. That run from .19 to .25 over the last few weeks really surprised me. I've always kind of felt that indicators work well when kept to a minimum. Lots of people use them so they become a self fulfilling prophecy ...

EURUSD

Thanks man, I appreciate you taking the time to post this. Found this very helpful.

EURUSD

It seems a lot of people feel this needs to go back to .255 before a retest of the low. Just wondering if somebody could explain the logic behind this for me. Thanks

EURUSD

Nothing, just your typical BS rally off bad EU news.

EURUSD

Well, all the harder this will fall when people realize a band-aid and a bit of neosporin won't fix you if you've been riddled with bullets and then proceed to step on a mine at which point a flock of carnivorous ducks takes a detour from their ...

EURUSD

Rally on one bad news release after another from EZ, I smell BS.

EURUSD

Mine is 0.9 right now. I'm not sure about how often they match the oanda website because I don't usually check it, but spreads for me are usually pretty low. Only time they seem to go above 1.5 is during high volatility or between 5:00-7:00PM EST ...

EURUSD

I'd be careful with longs though. This thing has had a tendency to come down hard off of large retracements.

EURUSD

Yeah, I think .2250 if we break .23 as well. .2250 looks to be quite strong though. I have nice confluence at that level. Would expect a bounce. If it gets past .2250 I have .2170ish as another strong level.

EURUSD