A summary of my short journey from the beginning of trend. I had shorts from 1.2505 and 1.2280 that I closed from 1.20x. The shorts that I opened from 1.2430 and 1.2303 are still on. The shorts that I opened from 1.1818 and 1.1868 are still on. ...

EURUSD only

Another -15 pips. The market doesn't let us add new shorts to the account. It is fine. Will continue with existing ones. Any short above 1.1810 is like a golden mine! There will be some more spikes/gaps upwards to squeeze fresh shorts. But the ...

EURUSD only

Short from 1.1674. SL 1.1689 TP Open. Edit: Happy weekend all!

EURUSD only

Little update on Italy. The upcoming Prime Minister Conte is preparing his cabinet list. As you would remember two populist parties M5S and Lega have agreed on coalition and Prime Minister will be a lawyer with no experience in politics, Conte, It ...

EURUSD only

Little analysis on US Durable Goods Orders data: The data was quite positive. Core durable orders was expected 0.5 and came as 0.9. Also previous data has been revised from 0.1 to 0.4. More importantly, the portion which goes to GDP was 0.8 instead ...

EURUSD only

So far this is Europe (including UK) based selling, so it is not too dramatic. If dollar demand comes back we can switch to another mood.

EURUSD only

Thanks mate! It's opposite then. Inline with your earlier comment, basically nobody is buying above 1.1730 for a moment

EURUSD only

Anyone realized the volume increase above 1.1730? My data may not be accurate. 1 min graphic with volume would be great if someone can post.

EURUSD only

Next Monday is Holiday. On Tuesday not much data. On Wednesday volatility may come back with Euro inflation and US Non-Farm Employment data.

EURUSD only

Can we say that there is no bull around left? I think its a fight between Euro bears and Dollar Bears. But the problem is, Dollar bears seem to forget how to fight.

EURUSD only

I don't know why I moved my SL from 1.1775, down to 1.1745. Got stopped. -15 pips. But will continue same tactic. Will add more shorts on the way, in our 1.1250 journey.

EURUSD only

No sign of weakness in weekly dollar index graphic. We shall try to hit 95.000 this week or next week..

EURUSD only

Moved SL of the short from 1.1730 to 1.1745. Moved SL of the shorts from 1.1818 and 1.1868 to 1.1775. TPs are still open. We closed below an important support zone 1.1710-1.1720. I think we will continue going south. 1.1250 is on radar. Happy trades ...

EURUSD only

Added one more short from 1.1730. SL 1.1775. TP Open

EURUSD only

1.1770, 1.1720, 1.1650 are targets to break for bear run. 1.1790, 1.1860, 1.1920 are targets to break for bull run. I will close both of my shorts from 1.1818 and 1.1868 above 1.1800 if the market doesn't react negative to PMI data. A daily close ...

EURUSD only

Tomorrow's Euro PMI data are quite critical. Beginning of this month Draghi said that he will closely watch next data. It will give him and the market clue if the slowdown in Euro Zone was temporary (bad weather, etc.) or not. This will have a big ...

EURUSD only

World cup is cool but the game between bears and bulls is more excited. Before bank holiday price was 1.1770. At bank holiday, bears scored one goal in the morning riding the price to 1.1715 near an important support level. Then in the afternoon ...

EURUSD only

Nice bull run. Though too much ahead of Euro region PMI data tomorrow. Short from 1.1818. SL 1.1838. Will be closed together with my short from 1.1868 if we hit my SL. Will hold 1.2x shorts a few more weeks at least. If we hit my SL, probably that ...

EURUSD only

My expectation for tomorrow: Dow trend continues. Another Europe Bank Holiday as in May 1st. A drop with low volume to 1.1680. Happy Sunday all!

EURUSD only

Ata, I am thinking maybe we are just at the beginning of 3rd wave. The sentiment so far was always long. A lot of buyers from each support levels. It didn't seem to me like 3rd wave so far. No panic was there when we came from 1.24 to 1.1850 (wave ...

EURUSD only