Lets see if we can break 3600 this time

EurAnalysis

Im short at 3640 and will close the trade above 62 area or maybe even a pop above 50 area

EurAnalysis

It may test the upper 5 minute tl and head back down. See previous chart posted. But its too close to news to enter.

EurAnalysis

my be sl was hit. Ionly got about 16 pips on that

EurAnalysis

and THAT I do NOT want to see!

EurAnalysis

Yes and there is some data coming out soon so sl is at break even AND, as we know, we know NOT what the news will do. We can always reenter is we get stopped.

EurAnalysis

I think if we break below the neck line then 3580 is next

EurAnalysis

thats what I need to keep me in this short.

EurAnalysis

see ya mla. cheers!

14 Year Old Forex Trader's Lessons

dx 4 hour. So as long as the dx stays above the lower trendline, then eurusd shorts are good.

EurAnalysis

I was just looking at that. I expect the dx to test 80.61.Which should take the eur down

EurAnalysis

sure do and its testing the neckline now so I will scale out and put sl at breakeven.

EurAnalysis

Below the neckline and we may make some progress to the downside. Otherwise I could get stopped out.

EurAnalysis

Funny thing is, I see you pull the trigger on a lot of nice trades mla but I never see your (our) attackers pull the trigger. Yeah, the one was all over me one day for nothing.They are all bs.They talk a lot of crap but never show it. nuff said, we ...

14 Year Old Forex Trader's Lessons

My pleasure

EurAnalysis

That is good to hear piptrapper.

14 Year Old Forex Trader's Lessons

Nice thread piptrapper. It seems to be a very informative thread without the bs from certain trouble makers Keep up the good work.

EurAnalysis

I am thinking that this 5 minute chart may head back up a little and form a right shoulder or just continue down to test 3580 and possibly 3550.

EurAnalysis

the 5 minute might be trying to form a head and shoulders pattern.

EURUSD

Very good chance price will test the lower trend line again on the 15 minute chart.

EURUSD