<< ---- Eyes the squeeze on the BBs for the 5M...yes, there be pips here....

EURUSD

Agreed. Wave count on 4H is, however, encouraging for bears...long, long, long in trend (2S, 2T).

EURUSD

Yep. But some potential there for a bounce at 1.4760 (check the 5M)

EURUSD

I'll make money both ways, thank you. Why would I ever want to adopt a fatalistic view, and then miss all of the pips inbetween - right or wrong? I'd rather trade the market in the now and compound - often and frequently.

EURUSD

Yeah, I'm eyeballing that on the 5M...

EURUSD

It hasn't committed to shortterm (5M) downtrend yet, either. Good place to sit on your hands on lower timeframes.

EURUSD

That is entirely possible.

EURUSD

Starting to look less like retracement (5M)...we'll see.

EURUSD

I would wait for the upward momentum, and enter perfectly aware that it was likely to be limited pips - I would move to BE asap. If it made it back to 1.4816, then I would watch the action there...second failure and it's time to take profit and wait. ...

EURUSD

We're at moment of truth time on the 5M. Watch the next upward run....if it fails at 1.4816, then it's time to look short. For now though, it still looks like a retracement. Ok, seriously...now I'm taking a nap.

EURUSD

LOL! If you're counting on the market acting rationally as a strategy....you're screwed!

EURUSD

Here comes the retracement. High probability that it will take one more stab at the recent high. Depending on what happens there....you'll have your answer. Right now we are on a pullback from an uptrend (M5).

EURUSD

Ditto. Sitting on profit makes me sleepy...naptime....

EURUSD

Yeah - I prefer to the TDI

EURUSD

Yeah, I got out at 1.4813....it will take a deep retracement before I start eyeing a short term long again...and I'll be paying close attention when it draws close to 1.4816.....

EURUSD

Out above 1.4800 due to steep angle on price. Now looking for possible retracement and then uptrend resumption....

EURUSD

Check out the M5.....nice.

EURUSD

Always - already at BE+. Likely to get another run on 1.4787...but will be watching closely as it seems we've got significant resistance there. Will cash out on hesitation...

EURUSD

Same here!

EURUSD

The odds of you seeing 1.4600 again this year are very good. But, personally, I don't like drawdown. Right now I'm riding this upward movement.....

EURUSD