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PriceVolume replied Sep 27, 2009Selling pressure on the 1H is going to take this pair down hard....
EURUSD
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PriceVolume replied Sep 27, 2009Hey X... — Down to 4 this time, don't you think? (5M) (Would have liked to see a more aggressive retrace)
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PriceVolume replied Sep 27, 2009I would say so! Even if you do - re-entry would just be screaming at you!
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PriceVolume replied Sep 27, 2009Won't be suprised to see a reversal at hb on H4 - but when sitting on so much profit, you'll be able to give it some breathing room to see.....

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PriceVolume replied Sep 27, 2009Gee, I dunno.....that's only to the 2nd currently (on 4H)...somewhere in that vincinity...but we'll know when we get there!

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PriceVolume replied Sep 27, 2009It means that while the masses are eating whoppers, longing for the good 'ole days, skilled traders will make a killing. I don't care which way it goes....I'm going to make my money.
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PriceVolume replied Sep 27, 2009I expect a retracement before we start down again...but not a "bounce". We'll see.
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PriceVolume replied Sep 27, 2009LOL! Who trusts them now?!? Here's a clue......"baaaaahhhh".

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PriceVolume replied Sep 27, 2009But, but....wait...we have to go up to 1.5000 before going down!?!

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PriceVolume replied Sep 27, 2009To the Bulls: — Sorry for that fat-fingered mistake....I overshot, and wound up with that 30 pip spike...
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PriceVolume replied Sep 27, 2009Imho, I wouldn't pick a number. I would wait and see what the price action tells you.
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PriceVolume replied Sep 27, 2009I'll be working the price action on the 5M until the H&S on the 4H is confirmed - pips here, pips there. Then I'll be waiting on the break of the neckline.
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PriceVolume replied Sep 27, 2009Like I said, I find EW interesting, but it is too subjective for my tastes. I'm sure that some are quite successful with it. I prefer trading the pure price action. I'll put it this way....I can be taking pips left and right on a 5M chart, just ...
EURUSD