It's simple logic, when the USD moves across all pairs - there's still fuel. When all USD pairs have reached a form of support or resistance and are stalling, chances are the USD rally will be cut short. I wouldn't say I'm bullish on EU, I still ...

Price action trading - Trade like the pros!

I mean Fed rate hike won't make the eurusd go to 1.00

Price action trading - Trade like the pros!

Everybody's on about EURUSD parity, I say it won't happen yet

Price action trading - Trade like the pros!

+70, entered right before FOMC

Price action trading - Trade like the pros!

What do you mean?

Price action trading - Trade like the pros!

Small trade idea that I had late last night. Set a pending sell at the 1.0650 RN with the expectation that price would correct downwards after taking out a significant swing on the left. I was opting for a larger target, but I got scared of 15m ...

Price action trading - Trade like the pros!

Those were the levels that I had prior and during the ECB conference. EU reacted to a statement by Draghi, that QE would be increased. However, seeing as it is set to end in march 2017, I do believe the decline should be shortlived and EU should ...

Price action trading - Trade like the pros!

Better for my trade, worse for the dollar naturally I took a stop on that trade. I also came down with a horrible flu that's got me bedbound for the past couple of days, so no new content for now..

Price action trading - Trade like the pros!

Hoped for better payrolls....

Price action trading - Trade like the pros!

I will try to do that after saturday, because I've got some forex-unrelated things to do these upcoming days.

Price action trading - Trade like the pros!

I'm bullish until 1.2655. Look at your hourly chart, you'll see a now common pattern hopefully

Price action trading - Trade like the pros!

I've a bunch, but I don't really trade them all the time. I focus mainly on EU, GU and Ucad

Price action trading - Trade like the pros!

Gladly. USDCAD has been in a very wide consolidation range. It began falling, and retracing. I just caught positions inside yesterday's retracement and got super lucky that I didn't get stopped overnight. P.S: I checked out an oil chart because I ...

Price action trading - Trade like the pros!

After not being able to decide where to place my stops, I finally put them below the second order right before going to bed, and I almost got stopped..... Completely lucky on this one

Price action trading - Trade like the pros!

What do you mean? How do I not shit myself when I have multiple positions with stops?

Price action trading - Trade like the pros!

Good to hear. I think it should be good til 1.08-1.0850, but don't let me bias you. As for adding to winners, you can either use pullbacks to enter some more, or in this case, I saw it would retrace instead of tank. I waited for the pullback and ...

Price action trading - Trade like the pros!

*Update* Doing fine for now. Targets are slightly below 1.3395

Price action trading - Trade like the pros!

This is the plan for now, stay tuned for tweaks and changes

Price action trading - Trade like the pros!

I want a lower swing high to form on usdcad right now, otherwise it's bad news for my trades.

Price action trading - Trade like the pros!

Oil stopped digging lower lows, so I decided I'd give this a go... Late entry, but it feels like it wants to drop. Holding it for now, will see again by london close. Edit: changed stop level higher, and will look to add to the position because now ...

Price action trading - Trade like the pros!