it may run right through the bottom to a 25 pip low or a little more. If it breaks 900 you better watch out.

EurAnalysis

yep and they do tend to be repeat customers the next day.

EurAnalysis

well since that isn't happening it may go for a new low quickly.

EurAnalysis

Not really. It may but IF this is going to go up this is a perfect spot to stop and hold.

EurAnalysis

nothing more exciting than a market blowing its shot before big news and the Drag under performs. YAWN.

EurAnalysis

Very true MA and Trendlines (which are sometimes the same) in relationship to S/R levels are very powerful. Markets like to backoff and run at resistance from support. So 40 levels is key as it is 25-30 pips from that area which is a normal distance ...

EurAnalysis

one type of trade I use is a exhausted leg trade which is based on historical movements involving a 9 minute MACD. You can use a 10 or whatever. This has to go sideways a bit or slightly down before up again. It is way beyond the extended range I ...

EurAnalysis

could you explain the China relationship to me and how it is postive of negative toward the EURUSD. I have always traded what I see for the most part on indicators and S/R related PA with confidence mentality in mind with profit taking. Thanks!

EurAnalysis

LOL yeah he doesn't even have to really say anything. The market want a restest so even the slightest hint or even no hint at all it IMO is going to run. Market just wants a excuse.

EurAnalysis

it just feels like the market doesn't want to wait if you know what I mean. So everyone is slowly buying in waiting for launch.

EurAnalysis

agreed. Just wondering if I should take 40 pips now and get out now hoping to grab a bottom again. Oh the decisions of a scalper. LOL. Hate losing pips.

EurAnalysis

the market is only a little over 100+ pips away from testing Friday highs. IF it does break that. Off to the race we go to the top. Market is itching for a retest IMO. So looking for long the next couple of sessions depending on how fast this thing ...

EurAnalysis

yeah... I was long playing 900 but wondering if the market will go down hit 900 and then jump up or just jump up. This market is screaming to move and it only needs a nudge substance or not.

EurAnalysis

sorry... see them now. Thanks!

EurAnalysis

break the 900 level completely today or on the up swing today since a bottom has formed?

EurAnalysis

Martingale does work it only matters scale and what type of style. I use three systems. A scalp martingale type and a long term system. They all work. It all comes down to your rules on what type of trades can be taken and what range you add to ...

EURUSD

When Draghi speaks?

EurAnalysis

Thanks!

EurAnalysis

hmm imagine that another PATHETIC US during London hours. Talk about a waste of time. Half the time the US session just sucks after any move worth anything during the London session.

EurAnalysis

Sooooo true.

EurAnalysis