The new channel LTL is at 1.503 now.

EURUSD

The Chineese were holding the euro up but now they're all busy hitting those gold drums. Beautiful openning btw. I believe at some point EVERYBODY simply stopped buying, it just looks like suicide, so it doesn't need to be pushed anymore, ...

EURUSD

Warren, no disrespect intended, but you make a lot of posts. So why don't you tell us where you went long ?

EURUSD

I think I'll just leave my shorts from 5140 and call it a week or two. Maybe short more on a retrace of 150 pips and up. Really high probability this will go to near 4750 or lower and give me all the profit one could ask for for this month. Just ...

EURUSD

That's it, gonna leave part of my short running until 475 at least from now on, will BE at +100 and just leave it on.

EURUSD

Yeah, if we go lower I'll only consider reasonable buying close to 1.47 for any sizable retrace. It could happen before that of course, but that wouldn't be predictable with any reasonable certainty in my book.

EURUSD

Yeah, ok.. below 1.5 for today would be even more original than going up a lot. Good analysis as always Shadow. Really messed up with my longs, here's my lesson for you people that I keep relearning time after time, though recently rather ...

EURUSD

That would no longer be original...

EURUSD

We might just go a couple hundred pips up now as a continuation of this rule of let's just fool everybody and do some crazy moves.. lol

EURUSD

This is some crazy bs...

EURUSD

Such a drop right before London. Hope it's a sign it'll get kicked in the balls back up by London..

EURUSD

GM, Well this is the forex market, it will try to mess with you any chance it gets. I suspected we could get a stop hunting spike as I was saying yesterday but damn... then again with all the stops between 52 and 53 I can see how this could ...

EURUSD

Or more likely as I was saying next week we'll see a flag on daily between 525 and 55. I'm off, longs should be done by or nearly after tommorow's London open, at 395. Good night you guys, shut that thing off and go party, it's not running ...

EURUSD

Good thing most of us don't put our sl right below the price when trading such a setup. Btw, if NY closes here watch out for the possibility of a stop hunting spike down aginst your longs during the low volume hours.. True, but if it breaks down ...

EURUSD

58 ? That's overly greedy for me, I'll do with 395. Though like I was saying tommorow we could get to 450-55, retrace with profit taking for the week. But 395 would be anough for the meantime. Looks like we're slowly heading back up indeed.

EURUSD

Shadow, I admire your advice and even more your patience which shows us all how it should really be done. Really great work man.

EURUSD

Me to, added another one. Just looking for a modest 395 on those.

EURUSD

That was an LTL.. next one is if we draw a parallel to the upper - a bit below 53 it seems.

EURUSD

In theory, should be right the time for some retace, so 450-500 I'd say. And then try for closer to 53 again at start of next week.

EURUSD

We hit an LTL, may not go lower today..

EURUSD