No. The lower trend line of this whole dowtrend from 1.6 and the Daily 100 ema and a smaller upwards Daily channel lower trend line (from about the past 2 months) all pass around 5530. So no reason for panic, reason for buying when it gets closer, ...

EURUSD

Common euro, 535 and I push the buy, mucho pips! Common!

EURUSD

Whoa.. now those are positive numbers, strangely anough. Should push it down strong allright. I'll buy some in the 530-540 area if it gets there.. Great advice.

EURUSD

Prediction is total boredom for an hour. Gonna take a break.

EURUSD

In 48 minutes from now.

EURUSD

It's at the low of this uptrend channel that seems to have started, let's see if it breaks lower or bounce. I personally would put the chances for that at 10:1, at least for today and tommorow. EDIT: closed my short at about 1 pip. Will wait. EDIT ...

EURUSD

Decided to take just a small short as well, 20 pip sl right above 56 30 pip tp. Starting to look bad though.

EURUSD

ok, I'm out of all trades with small profit. I wouldn't be surprised if EU and GU make a new low now, though not anough to trade it. It should though provide great buying points.

EURUSD

Considering the uptrend slowed down, I'm a bit less certain of the uptrend now. Nevertheless I have profit locked in from yesterday's lows except EJ but still overall profit and if it crushes down then 5540-5530 will probably be the low and a great ...

EURUSD

Came right back up and seems to go higher, looks good.

EURUSD

Cool, I'll be looking to exit closer below 5680, and watch 650. 630 I believe won't be a problem.

EURUSD

Why would it, US employment numbers ussualy suck and I remember last week's lower than expected employment number. I believe the forecasts are too optimistic. EDIT: Just need EJ to cross 50 up now and all 3 longs on EU, GU, EJ should make good pips. ...

EURUSD

lol This reminds me the start of the week when I was saying it should drop hard towards daily 100 ema but 90% were all bullish, now it's all bearish spirit. Of course I could be wrong, had been often anough, but there are just too many factors I see ...

EURUSD

Hmm.. I thought we were trading pa rather than rsi, and the pa lower trendline of yours is not parallel plus why would you cut out the lows? In short, mine's as whole as it can be passing at lower 55s and parallel the upper. Watch 5600, looks like ...

EURUSD

lol

EURUSD

Good observation Godfrey. Yet another reason to long for at least 5660 area if not all the way back to lower 57 and see if it breaks the upper 3h-4h downtrend trendline.

EURUSD

I'm with you from mid 560s yesterday. And GU and EJ. Like I said, EU's near the lower trendline on 3h-4h and another one going up on daily, EU just went to near the Daily 100 ema. GU also reached near it's 3h-4h lower trendline and EJ seems likely ...

EURUSD

lol But if you put a 3 times greater tp your chances are less for it to be hit and you shouldn't forget the very important part of forex called volatility - it can easily take out a 30 pip sl and then go you way.There are easier ways to trade. Just ...

EURUSD

LOL Now THAT's overleveraging Keep it up!

EURUSD

I'm looking at the lower trend line on 3h or 4h for you. And a parallel ascending lower trend line on daily - parallel to the upper trendline of the recent bullish pattern on Daily and the Daily 100 ema. All 3 say that 5530-5540 should be the low. ...

EURUSD