I actually very much believe that the correction needs a new wave down to around 1.2060 My problem is that I also believe it has to start from higher than it did today!

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Speaking of choppiness, I tried to reverse, then back short but I lost the profits I made shorting up and have an hedged loss too. PS Now I'm eyeing 1.2115 to close short, go long and rid of the edged loss.

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Tiny short at 1.2141. I'll be looking to increase it possibly to an all in, 100% of account if a good opportunity presents. Target 1.205 area

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I'll be taking the short side for starters; The correction is not complete. Eye on supportive signs.

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I get the feeling the reason it is not breaking up, is short accumulation in view of a long term reversal some pips higher this week. Sooner or later they will stop buying [selling into up pressure] and make it spike higher. Then down for a couple ...

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Curious thing that it should drop when all the pros are off and with low volumes. It might even drop some more but this ain't significant for the trend.

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EURUSD 15 min image PS To support your bearish view, ATA! However 1.2180 seems a good area to negate it.

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I was heavy long at 1.2103 made significant money... and lost it all trying to anticipate reversal without good reason, from 1.2125

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Did you guys notice? New high creating easy (textbook) long entry and then massive down, also past yesterday's easy long entry at new high. PS I longed around 1.2055 but now it seems to me it is going to go lower so I'm reversing to go net short. 1 ...

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Elsewhere on this forum guys that trade based on little more than round numbers were on the move and are evidently much self satisfied. I on the other hand, make things far more complicated and I'd wager (except that I am not willing to prove it) I ...

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Longed 1.19843 Let's see if it makes a new high.

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I'm keeping my longs over the week end. No sign of the swing near end.

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I longed at 1.19450 at fast retr. with limit orders.

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Reduced while in the green. Out in the up and down above entry price.

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Short 1.1930 SL 15 PIPs above

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Unless it makes a new high, I expect this session to see a low below yesterday's. Uptrend resumption next week. Will try to run net short position if I see an opportunity.

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New high, massive up momentum, and yet, out of nowhere push down against what evidently must be obvious and easy long accumulation. So who is selling into the uptrend? And why. Are they suicidal or do they know something we don't? Are they going to ...

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typo: I meant 1.1882 in twenty minutes. If it gets there I'd be buying.

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1.1820 in twenty minutes?

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1.1932 is weekly trendline. It's at least getting there.

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