Commercial Banks and Hedge Fund are moving the market. We retail traders have no clue about it. I am thinking not to trade e/u in US hours because of such a high volatility. i have traded e/u in asian hours..nice trading respecting charts and ...

EURUSD

Interesting

EURUSD

Closed all shorts at 49860..no trades now. Will wait for an upturn.

EURUSD

Yup man...tough forex markets.

$500 to $1M...

may i ask- how you find out if M 5 is oversold? I guess some oscillator knowledge is required. I have shorted at 49980 levels based on 15 M chart for a 10 pip profit.

EURUSD

At the moment, i think it is going to back to 49800. 15 M chart is in bearish zone.

EURUSD

Trend changing on 15 M charts.

EURUSD

Looks like it is changing direction on 15 M charts. Good pips you have earned through scalping.

4% A Day Forever

Great going. I have just tried scalping in e/u..but closed the positions at par as i get stressed out with scalping.. i also think it is currently range bound above 1.50000 waiting for next direction.

4% A Day Forever

Sounds good. As you told once you trade 5 M for scalping and 1 H for short term trades. How do you determine when to enter and when to exit?

$5,000 to $20,000 in 60 business days

Well you are going to get 1.49900 in 20 mins from now. Its up ! The only problem is volumes have dried till japan opens. I am waiting for 1.49940 to close my longs.

EURUSD

Is it a sort of perfect correlation between stocks and e/u? Around 90 minutes ago, Dow started to rise and e/u as well.

EURUSD

Fantastic Entry You are already up 10 pips ! Enjoy the ride- The eur/usd train is again going up !

EURUSD

I am looking for 20-25 pips and i will exit at 49500. I have a good winning rate in getting 20-25 pips on 15 M chart and right now it looks like it is going up. It will not go up in one straight line..lot of ups and downs. So i will wait for the ...

EURUSD

Yea I will exit or book 20 pips profit at 49500..lets see how it goes. The 15 M trend is bullish.

EURUSD

Wrong in entry price? Now i am confident it is strongly bullish and moving back to 1.50000 levels.

EURUSD

Entered long at 49730. Lets hope for best !

EURUSD

Yes it has become stable and is little bit up. But thats the main question- Is it temporary or permanent one? The 30 M is also little bit up. So once 15 M starts to move up, it will be a good buy entry.

EURUSD

Well if it works, then good pips for you.

EURUSD

I brought long at 49659 and closed at par. I am not confident of going long till 15 M chart goes up. I totally agree with you on this statement.

EURUSD