Ok, it seems that the euro is currently rejecting the 38.2% Fibonacci level (around 1.4230), see hourly chart below. I just need another confirmation to short EUR/USD again.

EURUSD

Wow, a hundred grand in just one day (take that Gordon Gekko!). And your Forex broker didn't call you and ask you to manage his money, or at least work for him?

EURUSD

You mean you (or your system) just made almost 15 grand in one hour, is that it? Even heroin dealers do not make that much I believe.

EURUSD

Well I prefer the Australian dollar (and its little cousin the NZD, to some extent) and the Yen - and of course all their currency crosses -, they produce genuine, pure trend you can rely on. The Yen in particular likes to respect support and ...

EURUSD

Hi there Cindy, thanks for your nice comments. And yes I still have a few songs I would like to share on the "What kind of music do you like" thread. So what are you trading these days?

Where is the EDGE in trading? The most important thing in trading!

Now be good Yen, just 9 more pips and we are there, you can do it, just show me the moneyyyyyyyyy video

USD/JPY Discussion

Of course not, the kid is looking at his laptop (it's on the other table, you cannot see it) and is saying to himself : "Damn, stopped out again, stupid EUR/CHF!"

EURUSD

I bet she is saying : "See, I shorted GBP/NZD here, that's the third elliot wave, what do you think? "

EURUSD

1.4230, right on the money. Now let's see if that 38.2% fib level rejects that price so we can go short again and make some money...

EURUSD

Quite frankly I never liked the euro, way too many people trading this currency pair. And that means a lot of false breakouts, phony reversals, fake support and resistance lines, you name it.

EURUSD

yep yep yep, just what I thought, euro is going for the first fib (1.4230). Then it will go down. Always the same story with this pair.

EURUSD

Yes, FEDerals agents intervened and arrested a few drunks downtown Tokyo

USD/JPY Discussion

Then welcome aboard Unknownpips and thank you for flying Short-The-Yen Japan Airlines

USD/JPY Discussion

Yep, a losing trade executed with discipline is 10 times better than a (lucky) winning trade placed without discipline and money management.

EURUSD

Don't worry, sooner or later BOJ will intervene. And then someone here a ForexFactory will come and say : "See, I told you so". Of course he won't tell you he lost 789 pips while waiting for that famous intervention

USD/JPY Discussion

Oh I get it, seems like the Euro is shooting for the 38.2% Fib level, located at 1.4230. I better get out of the way then.

EURUSD

BOJ does not need a forex broker like OANDA, it IS the Interbank market

USD/JPY Discussion

Hehehe, why not?

USD/JPY Discussion

Come on Yen, keep going down, don't be shy.

USD/JPY Discussion