Looks like that even with the news it is going to fail to close above the previous high. The next 30 minutes will tell the tale....

EURUSD

I wouldn't enter until after the news. But that's me....

EURUSD

I thought it was Bam-Bam

EURUSD

Take a look at the four hour...... Also have some bearish divergence on the StoRSI. Also bearish divergence on StoRSI on daily, with it well in OB territory. Again - news - who knows.

EURUSD

Agreed. However, with the hesitation in the market awaiting the news - who knows.

EURUSD

Exactly. Rate hike isn't likely, but if they are not hawkish in their sentiment, inflation is going to get out of control (already is starting to, actually). But (1) they have to say it, and (2) the market has to believe it in order for the dollar ...

EURUSD

Yes! — Hoping (but not betting) that they suggest winter for rate hike, or something of the like, to hopefully bring the market back to reality so we get the long overdue retracement. Otherwise, we're looking at a tough slog until the 1.500 ...

EURUSD

Taking profit at such a steep angle, especially when seeing a stall, is always prudent. I just took a partial profit myself, and moved my stop to BE.

EURUSD

I'm enjoying the ride down.

EURUSD

Major news in one currency will often ripple into price action in others. In this case it was the news pertaining to NZD.

EURUSD

It was news.

EURUSD

But another way to look at it... — ...is a bunch of reversal bars after a very long upward bar....pin bar, spinning top, then an inside bar..... At this point, who knows. I think we've got a major bubble right now, the angle of the price ...

EURUSD

Indeed a bubble.....will be fun to run with the bulls then watch it pop.

EURUSD

Patience is a virtue....the retracement on the rally is likely to be massive. EURUSD is so topheavy right now it is just a waiting game - but, I'm not saying that this isn't going to head further North prior to beginning the retracement. Playing ...

EURUSD

AtLast... — For me it was more the psychology when I started out. So, I calculated my risk based on a account size of $50 = tiny. Now, once I have doubled the $50 to $100, it's time to increase the risk. Doubled again, and so on and so ...

EURUSD

Whoever undertakes to set himself up as a judge in the field of Truth and Knowledge is shipwrecked by the laughter of the gods - Einstein

EURUSD

An Average of 15% a day... — ...is possible. When I started I loaded my account with a few thousand, but used money management that acted like there was only $50 in the account. I aggressively grew that $50 to the full starting size of the ...

EURUSD

Nice profits on the way down. — Think I'm out until the open....want to see what's next.

EURUSD

Flat is a direction... — ....only if you're a scalper. If not, you're looking for a tradable trend - hence direction. But...it's all about perspective.

EURUSD

Crickets.... — More or less just waiting for the market to commit to one direction or the other....LOL

EURUSD