I have booked profits on my short in this 1 H candle. Will take more short positions on retracement in the next 1 h window. Down journey.

EURUSD

You have got more then 18 Pips this time !

EURUSD

Thanks Mate

EURUSD

So Dubai crisis took us down for a day, hit all the stops and then after a day, rally again started and reached new highs. The main rule of trading is to keep position/lot size small so that you can ride out the temporary fluctuations without ...

idea to avoid stop hunting

You are very right..there is a correlation but that does not mean trading has become simple..You would have won many pips on your long have DAX been in positive. The correlation holds very well when dow opens..this time eur/usd moves with dow. May i ...

EURUSD

Great Advice....most traders i have seen loose because of SL and after that price reverse in their favour. Xaron method of trading without any SL works quite good. I am also making effort to improve my entry and exit points and do not use SL.

idea to avoid stop hunting

See DAX chart and eur/usd chart- Both are moving in same direction be it up or down. Predict where DAX is going and you will have an accurate intra day trading in eur/usd.

EURUSD

At the moment, it is moving like DAX is moving. If DAX is going up, it goes up. If DAX is going down, it goes down. So difficult to make money lol

EURUSD

It still looks short to me..i am myself short but the last hour upswing did scared me. The upswing was because of a positive opening on European Markets.

EURUSD

Well just woke up..eur/usd standing tall..almost no selling overnight. I have exited my shorts to wait for next 2 hour candles to get a clear direction.

EURUSD

Eur/USD train is heading south..board the train for down journey Small retracement will be there like current one (Up on 1 M chart) but overall selling pressure to continue for next 6-7 hours.

EURUSD

Sure shot..eur/usd will reach the target. I dont trade gbp/usd, so dont know about it. EUR/USD is down..down..down..selling to continue for whole night (european time zone)

EURUSD

Exited all longs... It has started a small down move..looks like selling pressure.

EURUSD

Eur/USD is exactly moving like dow is moving. I am watching both- eur/usd and dow- 1 m charts.

EURUSD

Dow falling = eur/usd falling.

EURUSD

Eur/USD moves parallel with dow jones...now if in intraday, dow falls, eur/usd will also fall. If dow shoots higher, eur/usd also shoots higher.

EURUSD

If the stops placed above 1.51000 are triggered which i expect, it it set to cross 1.51400 levels.

EURUSD

Looks like retracement is completed...i have loaded longs at 1.50700 levels. Dow set to open higher which will is quite bullish for euro/usd

EURUSD

Strongly Bullish

EURUSD

With general sentiment so strong, is just a matter of time to see Euro breaking higher; pair is quoting at 1.5078, consolidating at the daily highs ahead of U.S. data and Wall Street opening.

EURUSD