A bit of a general explanation on what I'd consider often a good trading opportunity which also explains why I shorted cable and not euro for example (besides the fact that I believe it's dead ). Anyway, if you have a major trend, the stronger the ...

EURUSD

UJ was kept from rising for quite some time now as others moved in favour of the dollar and it now broke a major barrier at 110.4 that held it back. You still sure you wanna keep your shorts ?

EURUSD

Just don't get tempted to short or trade in general for that matter less than 15 minutes before the news.

EURUSD

Sometimes it's also better to look at other opportunities, though I don't ussualy trade other pairs but since the cable looks totally dead I took a short as it started reversing. Quickly going into profit now.

EURUSD

I am not at all certain that's the case. Sure some people bought, but I doubt the majority did. These guys mostly use ta as their primary tool, and buying into an incomplete extension from a double top and putting their sl in the way doesn't make a ...

EURUSD

Aerospace Engineering. 46 makes sense as the bottom, which is not to say you have to trade it as such right away. As for cable, my personal opinion is that it can drop another 500-1000 pips, just a gut feeling but almost all I've seen with GBP ...

EURUSD

In that case it's the perfect setup to trade in the third direction - stay out. I'm not saying that because that is also my opinion, but I think it's more important to trade what you see than what somebody else tells you, in the longer term that ...

EURUSD

Hey alt, I was away, went to get my official BSc in AE certificate. Hoping to work at it for a year to get some decent cash and then make the real money with forex and hang that certificate as decoration on the wall.. Anyway I had an open short ...

EURUSD

Let's relax with the bearish estimates shall we, we already fell 1300 pips in 3 weeks.. The daily double top target is 1.46. After that it will need some serious incentive to go ven lower as I see it and a pretty big retracement or reversal is ...

EURUSD

Could retrace here but it seems that we should go lower today..

EURUSD

I wouldn't be surprised to see near 46-465 today, that would fully complete what was started last friday.. EDIT: Possible scenarios:

EURUSD

Sometimes looking at a forex chart, I'm not sure you always need some huge intervention to change things. Maybe big, but not huge. Look at how the market sliced through 53. It was the Asian session on their Friday and coming up on our Friday. ...

EURUSD

You too..

EURUSD

Note to self: If your stupid ass would've just held his horses for a bit to wait for the news, instead of greedily chasing the price into a low, you would've seen beautiful net profit rolling easy into your pockets now instead of just starting to ...

EURUSD

Yeah, near the top of the utl on hourly. Got stopped out on enitial short though extended my sl also, scalped some on pullbacks and now got a new bigger short a bit higher than my sl was, so hoping to make it all back and then some, if indeed it's ...

EURUSD

Yeeeea Let's ride the wave! Mike, not early really just looking at the charts, when charts look like this fundies will really need to surprise us to the opposite, which is hard to believe with such bad expactations, to reverse things as I see it. ...

EURUSD

Morning folks, Glad to wake up to some profit, was away yesterday but late in the evening took a small short from 937 to 872, nice. Anyway as I see the fundies expected and the charts from Daily down to 1m I think I'm gonna short a break of these ...

EURUSD

Oh.. You mean it's this week's pivot point ? Yeah, seems about right. Don't like r:r below 950 anyway. Staying out for now.

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Hey Acumen glad to see you're doing good. Forgive my ignorance, but what's PP ?

EURUSD

Out with 20, let's see where the new high will be... Won't try shorting again from below 950 I think.

EURUSD