Most news, not all, tends to just a blip on the price action (white bars on the graph). Most on this post is what they look for since most are day or trend or even scalp traders. If you trade more long term, you tend to look at the technicals which ...

EURUSD

Just returned from Seattle. Wow got pretty beat up but was able to load up on some more shorts. Hopefully, this will be the beginning of a retrace.

EURUSD

Without knowing the time frame of this chart, it has very little meaning.

EURUSD

Well, I'm down... video

EURUSD

What goes up must come down... spinning wheel, got to spin round.

EURUSD

This is what I mean when its banks that move the markets. If they want it to go up, it will go up. Broker after broker sentiment is short (of course they give their standard cya analysis) and even the FF sentiment as well as positions is shorting. ...

EURUSD

Very good point. If you think about it, there is no such thing as a bullish or bear trend in the forex market. For example on the EUR/USD, if it's bullish, ask a trader if the USD is bullish--no. So if it's bullish for the EUR then it's bearish for ...

EURUSD

Obviously, I'm an open book. My account 'ibdman' is out in the open for all to see. You can see the good bad and ugly. I don't varnish things. It doesn't matter if you are long or short. In a given time frame most will make money. Why? Currency ...

EURUSD

Totally agree with you. I'm just looking for retrace. It seems to me we are overdue for a 150 to 300 pip retrace. I'll break even on a 120 pip retrace so things are getting tight for me.

EURUSD

Well this is a fine mess I got myself into... It looks like there might be some resistance at the 1.2000 range. My tech analysis: What goes up must come down. My fundamental analysis: both are crap currencies and eventually the euro must reflect ...

EURUSD

I agree... that it is good to not fight the trend. Counter trend trading is difficult to say the least, but it can be very rewarding if it goes your way. I think that this particular trade (multiple trades which started in the middle of July) will ...

EURUSD

Well this is a fine howdy doody... although all my indicators were screaming up so I loaded up on a couple shorts and have another at 1.1900. Just keep shorting. Eventually it will retrace.

EURUSD

It's bullish until it isn't and then it's bearish until it isn't. I do hope it works its way to the 1.1400's. What do I know...

EURUSD

Clearly, the daily indicates an uptrend but since I'm--as a general rule--a contratrend trader, I'm always looking for a retracement which has not happened since May of this year. It is long overdue for one. The longer it delays the retrace the more ...

EURUSD

I was referring to the 5 minute chart techanalyst presented. I wasn't sure what he was trying to conclude.

EURUSD

I wasn't sure... eyesight not too good. It's hard to respond to a 5-minute chart, at least for analysis. I usually only use the 5m for entry and exit points, and of course, scalping. My experience tells me for the most part, 5m channels well. What ...

EURUSD

Is that a 5 minute chart?

EURUSD

Yea... the price will move up until it moves down.

EURUSD

Won't happen... Right now it's a shout fest. The problem with impeachment is that perhaps no other president in US history has accomplished so much in so little time and it's reflected in the DOW, NASDAQ, Russel 2000 and others. If the tax bill gets ...

EURUSD

I was told that August market virtually shuts down in Europe when everyone takes their 4-6 week vacation. Pretty darn dead around here. I was able to pick up some shorts while it was in the 1.1800's. Yawn...

EURUSD