Why ?

EURUSD

Well my SLs at 5536 holding (moved them just 4 pips up to 540 according to Andy's fibo analysis), I see a repulsion off the hourly 100 ema and back below 55.. See no real reason to exit shorts at a loss for no need now, looks like the bulls are ...

EURUSD

Market's probably gonna wait for ISM ranging above 545, if it follows the tradition of the recent US news should be a good trigger for a nice drop..

EURUSD

That upper trend line is at 515 now together with the hourly 100 ema, plus it hasn't crossed 55 yet.. so far I see no real reason to believe it's more than just a retrace (and my sl is at 5536 as planned)..

EURUSD

It already made a low there and it's on the current trend, why not ? On the other hand above it has the current 50ema on hourly that it seems stuck on for now, 100ema at about 552 now, 548, 55 and above.. all pretty serious resistance areas.. Plus, ...

EURUSD

A fal to mid 53 looks very likely to me (I've shorts open), looking at the longer term charts I'd also think that a further drop to 1.5 is more likely now than an uptrend back up, if it reaches 1.5 area we'll see what happens next..

EURUSD

Price is now at hourly ema50. Next supports at 548, 55, ema100 and previous ranging low area at 553. If it goes through all that, might start carefully considering some small uptrend but better wait for hourly 200ema..

EURUSD

Some ranging I think, and quite possibly for longer than just the beginning of the week.. This is my plan for the longer term trades during the first couple of days (notice that I in no way advise anyone to make these trades or actually intend to ...

EURUSD

Yeah, you're right, for the longer term it's probably better to let things develop somewhat, probably really wiat for NFP. But I sure as hell gonna scalp small bounces off the support

EURUSD

Putting order to short at 497

EURUSD

I didn't know it rained..

EURUSD

Not neccessarily, quite often before news of some importance with a clear bias in the forecast you will see a small move in the opposite direction starting a few minutes (ussualy 3) and ending about 1 minute before the release (I tried a system of ...

EURUSD

Yeah, stochastic's always oversold in a downtrend, means nothing.. Might be waiting for NFP to fall, what's the updated forecast on those - anybody watching for this ? Does the forecast of the same weak -80K figure as last time sound too pessimistic ...

EURUSD

Actually a situation like that in many cases could mean exactly that. It's the 200 pip range that we've been stuck in for a week and was finally broken today at 55 that screamed short and still does for a while.

EURUSD

Hmm... well, good luck with those anyway..

EURUSD

Yeah, and the daily 100EMA coming right above 53 now..

EURUSD

News forecasted in 10 minutes not in favour of the dollar, could be a good opportunity to short a possible spike up..

EURUSD

Looking for 5355 with some care at 54 crossing but might take a while as the drop today was pretty big already, let's see..

EURUSD

Enjoy the ride everybody

EURUSD

Good shorts on S/R breaks Well you see, that's the problem with forex sometimes - or to be more accurate during a ranging market.. just when you think it's gonna go somewhere (the majority was long near 1.6) it turns around and bites you in the ...

EURUSD