LOL I love traps my low will be the current low with a extra 5 pips. Will add another at 45-50 depending on the price and how it moves. If it goes it goes. I am up 80 pips today so... Also it is a CT trade which is only 1/3 the normal.

EurAnalysis

oh and long at 60 and will add another if lower.

EurAnalysis

oh don't worry the market will go down with absolute crap news and then range for 3 hours with noise upon noise of PA vs wave action to go nowhere.

EurAnalysis

yep... All you have to do is window in the NY session and back test it. NY session most of the time is absolute $hit. jumping around doing nothing. Very little smooth movements. Like a bad ping pong game. The NY session has the larget range per hour ...

EurAnalysis

Long... to much bad info. May come down later but to ignore the absolute crap news today and not go up at least to come down later shows one thing. news mean nothing if it does not at least retest 1.29

EurAnalysis

have I ever said I hate the US session? Like pulling teeth.

EurAnalysis

lol

EurAnalysis

Broke 65 level. No does it want to stay under. Hate markets like this. No direction just bouncing everywhere. I guess waiting for 10 news for final push.

EurAnalysis

If pending home sales comes out good this will probably rocket down to test. IF that is all bad news did to go up.... lol They are wanting a excuse to run this down. Most of that movement off 50 level was before the news came out at 8:30. Spanish ...

EurAnalysis

I am short right now... Scalp against 90 resistance.

EurAnalysis

Very well could be but we also know the upside down underwear pattern ;-)

EurAnalysis

very bad news. unemployment good but in reality they pay little attention to it half the time anymore. If up 1.2950-70 area as target. Then back down to 1.29 then again Spanish press conference could make it go higher or down.... Gotta love it.

EurAnalysis

seems the market has made a nice bottom to go up for a while anyway.

EurAnalysis

Will the spanish news dwarf the impact of the US news?

EurAnalysis

wow.... Very interesting and I am not surprised. They allow the market to go free until a certain point. Probably why the US Session EURUSD half the time sucks with a whole bunch of noise and going no where. Besides a very clear go up move off of ...

EurAnalysis

WOW the US session. POS

EurAnalysis

yeah... Not surprised. 150 pips from 1300. Def could go up from here.

EurAnalysis

I sometimes use a method of doubling the opposite postion in my other account because I know it is going the other way but I don't want to lose value simply because I know it is a short term retrace on a longer term trade. SO I double the size of ...

EurAnalysis

oh don't worry I will be going the other way soon enough. lol I am the ultimate scalper. sometimes I have have trades going both ways.

EurAnalysis

I use to trade CHF 80% of the time until they pegged it. No point now.

EurAnalysis