I off loaded all but a small part on this run down. This part was entered above 1.400 and I am holding it because I still believe this could go lower as this was a strong run down and yet did not hit the Asian session low....missed by 6 pips. There ...

EURUSD

Agreed. In each part of the total session (Asian, Euro, US) big player traders like to get their piece of the action. The Asian session has traded this down, up, down, and now a bit back up in a 101 pip range. The Euro traders will want some of ...

EURUSD

100 Pip Runs.... — The previous and current H1 candles have highs of 1.3986 and 1.3990 respectively......an average of 1.3988......hummmmmm !!!!!!!!!!! Gee, a 100 pip run down on these takes us .....hummmmm, where? 1.3888! Oh my gosh! Well, it ...

EURUSD

Asian - Euro Session Trading Relationship — I went back over a number of weeks of trading and discovered that if the Asian session has high pip range (say around 100 pips) then the Euro session will typically add 50 pips to it....that is a ...

EURUSD

You are asking for a prediction? Unless you have confidence, one way or the other (some of us believe a short run down MAY occur while time awaits for news and market reaction to it), you simply wait for a move and be prepared to trade in and move ...

EURUSD

Bollinger Breakout — M15 chart now shows the light relative volume on the push up thru the high quarter (1.3975 - 1.4000) to above the high whole number (1.4000) to a high of 1.4013. It shows the heavier volume back down due to heavy short ...

EURUSD

Psiholog, I am not skilled enough to call a single price for a short entry. So I spread mine out as it ran up between 1.3978 and 1.4010 entries, as you can see from that last chart. And now we wait some more.......

EURUSD

Now look at the M15 chart. That last move up was simply orchestrated by some player to load on short position at a higher/better price....in my opinion. And, yes, probably by taking out stops....this was all on light relative volume. This is a nice ...

EURUSD

Bollinger Breakout — Market players pumped it up to the area of the low for Monday's session (1.4010) and all being done on relatively light volume. I still contend for a short trade that the 1.3975+ area is good entry....and some big player ...

EURUSD

Bollinger Breakout — Ref: prev M15 chart post. Price made it above 1.3974 and is still above. If shorting, this is a prime area to enter. They could pop it above the "100" level (1.4000) for themselves to short there, and maybe wait and see if ...

EURUSD

Bollinger Breakout — Psiholog, I fully agree with you that we are "static" here, 50/50....and it could go either way. My current H1 chart last closed at the 100% fib ext. level, which for the standard Bollinger band is sometimes the "end of ...

EURUSD

Personally, I doubt anyone has ever doubled their accounts 2, 3 times WITHOUT LOSING 1 PIP! And certainly not if they are trading in a live market with realistic size trades, based on their actual real money account. And I say this because sometimes ...

EURUSD

Bollinger Breakout — Attached M15 chart could lay out some key levels if this drops. Within the 250+ average daily range (based on 14 days) is the 685% level of 1.3752....say 1.3750 as a target since the market likes this psychological number. ...

EURUSD

You are ABSOLUTELY CORRECT! And I meant to say "short"!!!!! I will immediately go back and correct this. Thank you!!!!!!!

EURUSD

Bollinger Breakout — And the attached M1 chart may show why he is short the eurodollar. Price ran up from pinch to key 162% level area and is now in strong (steep) pullback. Price has already vilolated the basis and is challanging ...

EURUSD

Bollinger Breakout — The current H1 chart shows Bollinger band pinch with fib ext's applied and a key level 162% price of 1.3899......say 1.3900 since the market likes these psychological levels. This is within daily ATR reach, too, if a ...

EURUSD

Bollinger Breakout — The previous H4 chart I posted (page 2278 on 9/25/08) showed the Bollinger band pinch, with the price trending down, and fibonacci extensions applied. The current H4 chart attached shows the price progress since. It is ...

EURUSD

Bollinger Breakout — Attached M5 chart shows price breakout from a well defined Bollinger band pinch, with the Fibonacci extention levels applied to the breadth of the pinch. Holding entry until after the 62% extension level may reduce your ...

EURUSD

Bollinger Breakout — The attached M5 chart shows continuation of higher lows and the Bollinger band has developed a well defined pinch. A breakout to the upside will continue the higher highs and lows trend. Perhaps we could get a run up into ...

EURUSD

Bollinger Breakout — The attached M5 chart shows pattern of higher highs and lows now....into a Bollinger band pinch. If this trend continues, there may be an upside break on this. The high for the session is just above the 162% fib extension ...

EURUSD