And earlier today a leading fund manager on the same programme said that it was very unlikely that much money would be made by shorting the euro at these levels, so basically, just trade what your charts tell you to trade and let the rest do what ...

EURUSD

But this pa is offering nice pips for the taking, 35 up, 30 down, currently 30 up. Today is no different to any other day in fact, the pips are there if you have a strategy to go for them, ie, shorten your time frame down to seconds, not minutes. ...

EURUSD

Yes, it's too easy to let what you think the market should be doing as opposed to what the market is actually doing influence your trading. I've gotten used over the years to accepting that bad US economic data sends the S&P down and the euro with ...

EURUSD

so clear only in hindsight!

EURUSD

So now I guess the opposite is true with regards to the bad philly fed data, with the Dow now climbing again and euro striking out and up?

EURUSD

ahh!

EURUSD

Yes, but the Dow plummeting 40 pips half an hour before it's release is fishy to say the least.

EURUSD

Don't forget that we have very weak volume at the moment with half the world on it's summer holidays, and so this sort of price action is normal for August, I remember last year it was exactly the same. This move is unlikely to go much above 1.2337, ...

EURUSD

that's euro for you, someone saying on here Sell Sell Sell, trend is down....., and hey presto - just remember last Friday when it flipped in the blink of an eye, strong looking down trend, and then up catching all shorts out. If this one goes above ...

EURUSD

No it doesn't, you are right, I base 100% of my trades on it. I think we are coming from different perspectives however, as unless I am mistaken, you sound like someone who rides a trend on a longer time frame, whereas I am in and out taking my set ...

EURUSD

I'd agree with you to a point, but you do have to be vigilant to the signs of bottoming out and reversal. I'm not buying just yet, but the price has been skipping along the Daily 61.8% fib retracement, and so if I do go short imminently, it'll be ...

EURUSD

WE DO NOT CARE!!! Stop misleading people with your rubbish. If you are long, then give us an objective statement based upon your own technical and/or fundamental analysis as to why, or, quite frankly, shut up!

EURUSD

Just leave that kind of bullshit out of this forum!

EURUSD

Well, a 15 second time frame looks the same as a 15 minute one, so when it's chopping up and down in a tight range like this, you can still trade, though of course this isn't everyone's cup of tea.

EURUSD

Forgive us master, we'll all sell!

EURUSD

think I'll join you.

EURUSD

I agree with you, there's a squeeze on at present with support around the H1 200EMA, and with no clear water to go long yet, though I favour that direction today once things have shaped up a bit and we've cleared this current little push down.

EURUSD

It will I agree get to 2400, but not today as you stated earlier by my reckoning, but hey, what do I know.

EURUSD

Thankfully for all of us, we all see different things, otherwise there wouldn't be a forex to trade.

EURUSD

[QUOTE=Techanalyst;5927709] We should see 1.2400 today, I think there is a better chance of Al Assad winning this year's Nobel peace prize.

EURUSD