Its a fact that Germany needs a low Euro to maintain her industrial output.

EURUSD

I am bearish too, still holding from my shorts since friday, especially looking at the bearish price actions for the last 12 hours confirmed my position. If you look at daily charts, it gave you the assurance as the channel has not been broken, and ...

EURUSD

Well done.

EURUSD

Beer drinking bunch

EURUSD

Forex is never easy but its not rocket science too.

EURUSD

Maybe Mr Morgan is doing the opposite? Telling people to sell but himself is buying? Remember GS back then? GS recommended a buy at 1.45 back then and the pair dropped the next moment.

EURUSD

I m a newbie in trading too, somehow feels that probability in trading is also important. IMO (personal view), the risk in shorting is rather high at this level. Don't get me wrong, I am in a bearish view too, but would rather short at higher ...

EURUSD

Channel done its magic again! Entered shorts based on channel yesterday. I am taking profit now as not to be greedy. Nevertheless, will be waiting for more shorts opportunity at higher levels or break of channel. Trade safe everyone.

EURUSD

I shorted at .3050 because of the channel. I traded because of my chart. Any chart to support your views?

EURUSD

Look at your charts, they are your best tools.

EURUSD

Happy New Year to all, this is my 1st trade for year 2012. May it be fruitful for a good start. Channel in the play, I am a faithful channel player. Shorted at the upper channel at .3050. Old resistance line at .3069 gave me the additional ...

EURUSD

Nicely done ..... whats next?

EURUSD

3110 is sure a tough nut to crack.

EURUSD

We are at the top of the channel, I am looking at shorts here till the old trendline at 307ish GL EUR-USD H1 image

EURUSD

Waiting for the break of channel to add to my shorts. GL. image

EURUSD

3450-3460 looks like a historical old support and resistance line. See 1 year ago. Lets see if it is a resistance. image

EURUSD

Daily Charts are used to see the general directions. H1 are used for confirming trend. Entries are then based on lower timeframe such as m15 or m5. At least this is what I did.

EURUSD

Today is the day when you can threw all your charts away. At least for me ..... my charts are a pile of rubbish today.

EURUSD

Wow! 300+ pips upmove within a day for this EU pair. I am going th record this in my log for future reference!

EURUSD

Bad habit, but yes ...... i have to admit that I am one of them..... Controlling trading moods are the hardest part to overcome ....

EURUSD