Bollinger Breakout — Attached 1 minute chart clearly shows second strike down, though not as low as lowest, did have simulaneous high relative volume. It has been trending up since, with a very large high relative volume minute about 10 ...

EURUSD

Bollinger Breakout — Attached M15 chart shows price sitting on fib extension level of 100%. Since range is still low compared to average and since the longer term trend is down, I should not be surprised if it goes down to the 162% level at ...

EURUSD

The low is 1.3855, so far. But it was not accompanied by high volume. Also, I would expect another run down to it before any trend reversal to the upside. It may represent the bottom for this session. It might not. But if it does, another strike in ...

EURUSD

Next target = 1.3838

EURUSD

Down to 1.3900...... — Actual low of 1.3898. Now, will it proceed further into the 1.3880s? The range is still only 134, not much relative to average. The longer term trend is down, so you'd think now that the Euro traders have it dropping, ...

EURUSD

It is not unusual for solid moves to be preceded by "head fakes" in the opposite direction......giving brokers a chance to hit stop losses and convert those positions into opposite side positions belonging to them before the run starts. Was this ...

EURUSD

Flash! This has broken down thru the Asian session lows. So now looks like a genuine move down is underway. Again, early calls and time will tell.

EURUSD

Now I am more certain this will trend up for a while, as the Euro session traders quickly knocked it back to the Asian session low area to start the trading. If this were going to be trending down, since it was already moving gradually up, it would ...

EURUSD

Asian Session Coming to an End... — I now think we have seen the lows for the Asian session, and that this will now trend upwards for some time. Just an opinion.

EURUSD

I off loaded all but a small part on this run down. This part was entered above 1.400 and I am holding it because I still believe this could go lower as this was a strong run down and yet did not hit the Asian session low....missed by 6 pips. There ...

EURUSD

Agreed. In each part of the total session (Asian, Euro, US) big player traders like to get their piece of the action. The Asian session has traded this down, up, down, and now a bit back up in a 101 pip range. The Euro traders will want some of ...

EURUSD

100 Pip Runs.... — The previous and current H1 candles have highs of 1.3986 and 1.3990 respectively......an average of 1.3988......hummmmmm !!!!!!!!!!! Gee, a 100 pip run down on these takes us .....hummmmm, where? 1.3888! Oh my gosh! Well, it ...

EURUSD

Asian - Euro Session Trading Relationship — I went back over a number of weeks of trading and discovered that if the Asian session has high pip range (say around 100 pips) then the Euro session will typically add 50 pips to it....that is a ...

EURUSD

You are asking for a prediction? Unless you have confidence, one way or the other (some of us believe a short run down MAY occur while time awaits for news and market reaction to it), you simply wait for a move and be prepared to trade in and move ...

EURUSD

Bollinger Breakout — M15 chart now shows the light relative volume on the push up thru the high quarter (1.3975 - 1.4000) to above the high whole number (1.4000) to a high of 1.4013. It shows the heavier volume back down due to heavy short ...

EURUSD

Psiholog, I am not skilled enough to call a single price for a short entry. So I spread mine out as it ran up between 1.3978 and 1.4010 entries, as you can see from that last chart. And now we wait some more.......

EURUSD

Now look at the M15 chart. That last move up was simply orchestrated by some player to load on short position at a higher/better price....in my opinion. And, yes, probably by taking out stops....this was all on light relative volume. This is a nice ...

EURUSD

Bollinger Breakout — Market players pumped it up to the area of the low for Monday's session (1.4010) and all being done on relatively light volume. I still contend for a short trade that the 1.3975+ area is good entry....and some big player ...

EURUSD

Bollinger Breakout — Ref: prev M15 chart post. Price made it above 1.3974 and is still above. If shorting, this is a prime area to enter. They could pop it above the "100" level (1.4000) for themselves to short there, and maybe wait and see if ...

EURUSD

Bollinger Breakout — Psiholog, I fully agree with you that we are "static" here, 50/50....and it could go either way. My current H1 chart last closed at the 100% fib ext. level, which for the standard Bollinger band is sometimes the "end of ...

EURUSD