In determining how far this is going to retrace. That's one deviation on a BB...if it crosses this threshold...the probability that the retracement is going toward 4635 greatly increases. Stalls....then more likely we have our shelf....

EURUSD

Indeed likely to be the decision point.

EURUSD

That's the safe and prudent play, but given the momentum it is showing, we might not get that deep of a retracement. Now that we are below 1.4610, it's possible we might have a shelf form around the 1.4610 level.

EURUSD

Definately not going short until this beast pulls back again. Once I'm in on the retracement, you better believe that I will be watching closely once it approaches 1.4610 again. You've now got reversal bars at that level....question is will the ...

EURUSD

Now — Looking for a pullback on the 5M (should be a decent pullback given the steep angle on the price...we'll see)

EURUSD

Thanks. Price of admission for me was a bunch of mistakes. When I first started I had zero patience, and no appreciation for how much hard work needed to go into the effort. I'd like to think that such posts will help others from falling in the same ...

EURUSD

Could see the 4530's today...but we have to get out of the consolidation first! LOL Seeing signs of weakness starting to develop on the 1H...but I'm sitting on my hands for the time being.

EURUSD

By the way....like the sig. The last bit about free trades is sooooo important....

EURUSD

I'm not saying not to learn from others....rather that any trading decisions you make need to be based on your own analysis. If you're making decisions based on what others think, or what the "talking heads" are saying, it is a road to ruin. If ...

EURUSD

Yeah, we're not there yet. I don't like trying to pick tops or bottoms....I prefer to wait for confirmation. Plus, as you noted earlier....news at 10:30.

EURUSD

Exactly. Trade what you see, not what you think (especially what others think).

EURUSD

I'd hold off... — Yeah, we're showing signs of exaustion at the top, but we are still ranging in consolidation with about 30 pips BB range. I would wait for at least a break of the consolidation. Ideally, I would wait for a downward run that ...

EURUSD

Wise indeed.

EURUSD

Seriously....and quite fun! Just packed up my marbles on the M5 EURUSD...don't like the hesitation so decided to play it safe. Still in play on the H4, though....and the way the H1 is shaping up.....nice SCs coming up...

EURUSD

There she blows! (Hmmm...but some stalling...)

EURUSD

You've had a wicked month though!

EURUSD

Yep. Hoping for another tertiary upon break of consolidation.

EURUSD

M5 and M15 holdouts....

EURUSD

Man, that TT on the 5M just won't let up. Tight squeeze....

EURUSD

What was it that acumen was saying the other day....oh, yes, I believe it was.... "Here bully, bully, bully...." (that line just killed me....I was drinking a coke and it shot out my nose)

EURUSD