Congrats to the first post on page 6666, I hope these eyes are something meaningful.

EURUSD only

amazing how you always keep a good mood

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Maybe it was a bear trap. Yesterday they scared the shit out of the longs because of today's numbers, then after the numbers the price inched down, luring shorts and scaring longs, while exploding up afterwards. But I still don't believe it, the ...

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Interesting - after the numbers it stayed calm and now there is some massive volatility. Bears clearly selling the upswing, causing a massive fight.

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Just sold a few longs again, still afraid of this wedge.

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For me this tortuous time seemed like eternity.

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Wouldn't have thought that you still held on to this. What is your TP?

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haha

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haha, but what is it, bullish or bearish?

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It is holding the price so long at the daily lows that I suspect market makers are waiting for some long to position before the drop.

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Hey Ata, which volume are you referring to?

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Seems H4 closes bearish.

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Unfortunately I can't, was just asking as you said you don't see any reason why it should be much higher. Well if you did not see any reason for a higher EURUSD months ago, then your reasoning is not a good indicator.

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Did you see a reason 1 or 2 months ago?

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For me an H4 close above 1.2193 would mean bears lost power. Above 1.2218 bulls are back in the game and above 1.2225 it would be bullish. Is this correct? EDIT: Sorry wrote this on the basis of my lines before I saw your chart. In your chart bears ...

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hey man, could you please outline how you would trade on the 4hr close?

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By aggressive I meant how fast it is dropping. Your reasoning is absolutely fine. Broader dollar weakness does probably need the confirmation of the FED keep rates low, which is a long process, although it can already be anticipated as the FED ...

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I understand, but first of the actual taper beginning is months away and still data dependent, second many FED officials have been saying this already before yesterday with nothing happening and third this will not change anything regarding the ...

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You are brave - think the wedge is about to break, the down moves happen so much quicker since yesterday, how can this be? Market makers must have conspired to act bearish now.

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I thought the same yesterday when it went from 1.2020 to 1.2040 but then it suddenly dropped like a stone. Is this move any different?

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