Or 4310 around the first low we had back then. What I'm thinking though is "Friday" - down today, down/ranging tommorow, then send this thing back up like a rocket on Friday. I find it hard to imagine many big boys not tping as it hits close to 43..

EURUSD

What's your average sl ? In general a leverage of about 33 which is what you're using with one mini lot per 300$, is too high. 10 pips and you're down 3.3%, 20 pips which sounds like about a reasonable sl for you to use with that strat is 6.6%, ...

EURUSD

Let's see what London does, the next hour should provide a good indication for the rest of the day.

EURUSD

LOL Except that that was the stock market, and this is EU. Stock markets can crash like that, currency pairs - maybe just if there's a nuclear holocaust or something on one side..

EURUSD

lol A bit misleading page there, there's no special problem of producing electricity from nuclear fusion reactions, not very different from nuclear fission in that sense. The problem, which is common for us in FX too is producing anough of it to ...

EURUSD

Nice strat, still maybe the best tool for breakouts is DIBS. Find it in the trading system section. Not everybody is gonna have BBs and other indicators on their charts but everybody can see the hourly candle breakouts. Nothing is perfect of course, ...

EURUSD

If it breaks the green line, then the orange and then the white (the latter being the upper trendline of the move down from 1.6). Then the trend mid-term will be bullish. For now, it's a retracement. But if you'll look at the euro and cable monthly ...

EURUSD

Small diagonal retreating channel - setting up for another bull move.

EURUSD

Nope, not at all, I'm long too, though lower than you. And look at those cute cable guys, 25 pips more and it'll break their little downtrend channel and probably reach 1.8 by tomorrow..

EURUSD

Yeah, and lots of bear stop losses on the way.. hmm.. yummy

EURUSD

In my personal opinion, very good. May still close it at 49 too. Nevertheless I'd at least put a stop below current low for safety. Both euro and cable hit prime s/r trendlines on monthly charts. The very fast drops make a retrace even more ...

EURUSD

Oh.. Maybe I see the trendline on euro too now..

EURUSD

lol Interesting... url

Cable Update (GBPUSD)

Set a stop loss dude, everyone's been telling you. It's true that with a small stop loss you'll be stopped out a lot, but that will teach you to wait and make good entries. There's no way around making good entries, martingale/no stop loss/averaging ...

EURUSD

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EURUSD

You do realize that oil has dropped so much today already that it'll soon be stopped and then this thing should bounce up like crazy, don't you ?

EURUSD

Yeah, oil is doing some insane gymnastics. But EU's still holding.. I believe we'll soon find out which is stonger or they could just decouple for a while as Mike (Acumen) was telling me today.

EURUSD

My chart from Sunday again (it did go a bit below the orange ltl though): As I was saying my opinion is that it won't go lower soon, plus cable has reached it's primary resistance area and I think should bounce somewhat as well now.

EURUSD

An hourly close above 555 - weekly s1 and previous low should be good confirmation for a further retrace.

EURUSD

I think it's gone as low as it'll get for this week, maybe more..

EURUSD