I usually do not add a tight stop when I think there is pending reversal. If the bulls did continue their uptrend, I'm anticipating they will run out of steam around .3270...Even if price moves to this point, adding to a short position (without ...

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What goes up...must come down... .3239 poses a risky short or anticipate the engine will run out of steam at .3270 and short from there.

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Addressing general forum, but not you directly.

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If you are not capitalized sufficiently, a 50, 100, or 200 pip move can wipe you out. This is forex. One should expect the unexpected, but in this scenario, the market was clearly set up for a break-out long. For 20 pip stop-loss junkies, this move ...

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what goes down must come up

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Sometimes you get the bear and sometimes the bear gets you. The bear won this time.

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I am hoping 50% provides good reversal wick

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Good call I think it will retrace at least to the 50%

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50% at 13594

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good morning all I hope it retraces to 50%

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sorry Killer whale I can't post the chart

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I hope you can see it image

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Mr.salemen, is this trading program compatible with my other 5 trading robots?

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the 38% is holding strong on the fibs 15m. Its ready to move up.

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Folks thats macro 101. I think ECB holds the line on this one. Even with the differences the EU is experiencing with monetary policy, it seems there is a general sentiment that they followed the Fed long enough and don't want to go over the cliff ...

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good analysis

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I thought this would retrace further. I guess its time to get ready for the Euro bulls.

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Market seems to be tamed for the moment. It would nice to see a breakout down.

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Its nice when you can work in the gaps for the 20 pippers. For the last two days Its been more about patience than working in the gaps for me.

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We really need a long wick on the 15m. Usually this will indicate the reversal some of us been waiting for.

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