That was that for the bears today. Tomorrow expect re-testing the waters below 1200 somewhat, and if no bear awakes, up we go again.

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Also true. The problem with MAs is that when the market is turning, it goes against their slope for awhile. Edit: I also have some time considerations for the Daily TF - gone down too slow for too long already.

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Yes, in your case it seems the break-out has already occured, but downward spikes below your ascending trendline can happen, so I prefer to see the horisontal level taken first, as it is so well defined and getting more and more important.

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Once the 1262 gets taken, there might be an epic surge! Ascending Triangle: image

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Bears either shy or very lazy.

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Might be a bearish sign, yes.

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Bulls look strong.

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Battle @ 1250 support right now.

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If 1262 is attacked today, break-out to the upside is very likely.

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Bullish

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image

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Long lower wicks on H1 chart recently & less than 61.8% retracement of yesterday's up-move suggest an upward pressure on EURUSD.

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Smells like an attack to 1.1261 is in the cards today...

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Big Money awaiting US/China Trade Talk developments as well as CPI/PPI today & tomorrow

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Oh yeah

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This single line... that's all one needs to hear. As long as this is true, money can be made.

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London is off today, that's why.

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Hi all, if you look at the Calendar, UK is on holiday today, London dealers are off, so - not enough power for either direction. In about an hour the speed will start slowly to pick up as we head to NY open. The first condition to profit from any ...

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Done for today. image

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Well then, just sold!! My calls suck, that's why System got the job.

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