All I see are bulls positions being eroded on the way down. Price action sees to suggest a drop. so nope… bulls trapped in yesterday’s reversal and the up move to be short lived.

EURUSD

everything is just waiting for FOMC

EURUSD

Looks as if there’s a counter trend trade here to go long until we hit supply above this market. but since supply is so close by, it may just go nowhere and breakdown.

EURUSD

OK, so a retest of the low. Depending on how that is handled there could be a trade there, nbt clearly supply isn't far above the market. Just a bit wary that there's not much room to trade here, but we should eventually break down....

EURUSD

looks like some significant buying at around 1815, but the supply is not far away to meet demand. Even below that, there's yesterday's low which was itself within a pip of a low a couple of days ago. This suggests a buy trade, but I am a seller in ...

EURUSD

And that's how you know the banks have been there. Do all the newbies think that they trade with massive stoplosses?

EURUSD

Breaching 1884 was an area it “wasn’t supposed to get to”, and the fact that it *did* meant an imminent drop off once it succeeded. It did this the other week too - if you remember. price must jump higher to turn off the buyer (the only thing ...

EURUSD

Been saying for ages that of price clipped 1884 I’d short. Well….

EURUSD

Price failed to rotate down like it should have meaning more liquidity sitting above the market. we will likely go there before dropping. I’m going to sit aside and wait until we go higher - which I’ll bet will coincide with red news coming up

EURUSD

There's red news tomorrow and wednesday, so if we fail to rotate down today, we'll likely see an attack on 1884 - followed by a predictable drop

EURUSD

This is a fairly low risk short right now.... so far price has left 1885 alone. First TP will be around 1854, but a fail to punch lower will let the bulls back in - so care must be taken.

EURUSD

price still going up - not ready to short yet. When we do drop, price will have to rotate through 1851, otherwise we will keep going up

EURUSD

the 1885 rejection tells me it’s got to drop, but as with red news coming off a rejection like that, you can expect price to go nuts for a bit. if it decides to clip 1885 going up I will short it. just MHO…

EURUSD

So there was a pullback during NFP but you would have had to put your stop above 1885 which is too risky to try taking that short, and it ended up going higher anyway. Good news is next week it has to go back down

EURUSD

Didn't slip. Cycle ended yesterday, went up but the upward moves stalled and now we're back into downtrend. So with NFP - if you're crazy enough to want to trade it - would be to sell on the pullback - assuming there is one of course.

EURUSD

THat's it for the downside. Going up

EURUSD

Ceiling at 1861 held, but that new low is also holding. Price may get below it, but the market is starting to flip and 1861 will be the sell demand that has to be taken out

EURUSD

Not just a snatch at the bottom, but broken through. Easy to see that there was a rollover at the start of the day, so the floor was likely not going to hold

EURUSD

Not enough volatility for a move up in asian session. Will probably have to wait for Euro session, and then be ready for it to snatch at the low.

EURUSD

Pulled plug on short at 1890 Only a short move for this session. it should drop further down though… later

EURUSD