I wrote that I saw that big uptrend support line a bit lower, I see have it the same now Break of 1.57 you mean ?

EURUSD

I favour a downwards move as well unless of course price breaks through now.. But below 555 I doubt..

EURUSD

I think we might enter an indesicision area for a while like at the break of the uptrend into a triangle below 1.5... Let's wait and see, that uptrend support is pretty strong as it looks now..

EURUSD

Well the day ain't over yet if you wanna be fair with'em.. But really, you'll do a lot better reading the forums here than DailyFX and so on.. Guys here actually make money from what they think, and people there will make money no matter what ...

EURUSD

Guess the big uptrend line held, going up, but carefull...

EURUSD

Hey no need to get excited like that.. Maybe I was rash with that argument, it takes a strict system with discipline to make something out of it for short TFs alright. And definetly takes a lot more time invested. Most moves are rather ...

I'm losing...insight requested....

Started toying with the Fib arcs... plotted one first on the rebound from 562 to 568 and seen it rise more or less within the arc and then break out down and fall back to 562 and another 60 pips which is about the radius of the arc plus more or less ...

EURUSD

So far we've had 2 60 pip rebounds, let's see if this one stops at 559-560 area...

EURUSD

I see it a bit lower nearer 55 but on this scale and with these charts it's reasonable accuracy I suppose, going to pull out of my small shorts a bit lower and wait to see if we get below 55

EURUSD

The bigger picture as I see it.. url

EURUSD

If that channel I drew and attached here earlier is right, then it just got broken and we're in for a rather quick ride to 1.55.. Historical resistance at 570

EURUSD

When's that thing due to end ? (GMT time)

EURUSD

I see wthat looks like a channel for now.. url

EURUSD

FX_Genius thanks for that cnannel tip, haven't seen it. Guess we should be carefull at mid 1.55.. Buy jewelry to your women now, it'll be be worth it later EDIT: Well, well, well finally ! Very nice profits today after all

EURUSD

This thing really decided to torture me, fell right after I left but then stopped a pip short of my target at 624.. Waiting again... Seems like the big triangle line (if the first low is correct) is at 5400 now and below 53 would make it a double ...

EURUSD

That's interesting.. considering what's been up with EUR/JPY and USD/JPY the past week you must be a very good range trader but you like trends less..

EURUSD

It's going down, just before hand it's wants to torture me.. Couldn't just drop to 562 area right away but has to get stuck above 565.. Still nice profit but it gets on my nerves, got out with orders to sell below 565 till near 562.. Gotta go do ...

EURUSD

David, why the break at 1.6055 ? Doesn't it make sense that if and when it breaks 1.6 it'll fly high up like with 1.5 ?

EURUSD

I'm just basing what I say on what people say about forex statistics - which is that about 90% of the activity is speculative.

EURUSD