That was a fun bump up for a scalp. Shorted for about 200 + pips. 😀

EURUSD

Everything blocked out tells us, well... nothing.

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Closed my long term short positions a little too soon at around 1.0940's. Now looking for a short term long position in the 1.08xx's. Going against the trend I'm much more cautious and will try to zero stop as soon as it is reasonable to do so. Then ...

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You nailed it... 😀

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you scream I scream we all scream for, well... whatever. Screaming aside, the one bounce up (monthly chart) doesn't make it a reversal yet. It would have to break the resistence to consider it a turnaround. Parity screaming or going long screaming ...

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I haven't heard much screaming but some are suggesting parity, and for me, I thought it would not take place till somewhere down the road a bit. What does it matter? The EU will go through its normal cycle down. It's been rather predicatble for some ...

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I think that's what I implied. I'll do ok coming or going. No wishful thinking needed. Reread what I said.

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I don't expect parity till the end of the year. Could be all wet. Doesn't affect my trading either way. Trend is the friend and retraces are great nab n grabs.

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Frankly, I think the fundamentals are used just to move the price point for central banks for whatever reason. The retail buyers and sellers influence the move a little but its the central banks that are the main pushers. As I said, my position for ...

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Speaking from a pure psychological view, I do believe the EU will hit parity and even lower. It would also seem reasonable to at least test the recent (2015) support (monthly chart) level of 1.04xx. The USD bull market is still quite strong long ...

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If I'm 30-40 pips in the green, I at least put in a zero stop to ensure no loss. I increment my stop loss just above or below the previous support or resistance level as a rule as I go along. I then work on an exit strategy.

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Heading to bed. Hope I wake up with a short position

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I set a short position in a couple days ago at 1.1004. Hope I get it.

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It's not. Just a little retrace. The weekly and monthly tell you it's a downtrend for the UA.

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Are you basing your decision going ong on a fifteen minute chart? It seems risky.

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I would say it depends on what kind of trader you are. If you look at the trending, the higher charts tell us that it is still trending down. I generally short knowing there is safety with the trend, however it doesn't stop me going long once in ...

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Hear, hear... You guys got to let go and discuss the excellent strategies that you use to be successful. If we don't, this might as well be a knitting circle to hear about the latest gossip.

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After rereading it I suppose it could have been better worded. 😳

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It would be good if everyone on this post would show their account on Trade Explore so see we could see your actuall trading on a money account--not demo. This would cut down the excrement to a really low level. My account is out there for all to ...

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I think there is a psychology at work now and so there will be parity, at least in my opinion. It could drop considerably beyond that. Both currencies are heavily into quantitative easing so nothing surprises me. I think Obama wants to see the Dow ...

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