Just keep an eye on DXY. Right now it's at 100.2XXX If it breaks 100.00 - it could drop like a rock to the 23.6% retracement VERY quickly. - That would POP EU!

EURUSD only

Got it and OUT !!!! image

EURUSD only

Punch up on that 1.0850 darn you! image The whole key is USD strength not EUR strength I just want a 38% retracement of the DXY

EURUSD only

The only floor EU is going thru TODAY is that darn 1.0850! Longer-term yes, it is likely to fall but there has to be a retracement coming - 9 straight down days = time for consolidation and retracement before next major movement. IMHO. Full ...

EURUSD only

image Not YET!!!!!

Real Trading

I'm STILL stuck in that darn long from yesterday evening at 1.0835 waiting for the PPI inflation numbers and HOPEFULLY a bounce like yesterday but I'm prepared to cut my losses

Real Trading

image I can't believe myself but I'm going long here at 1.0831 for a "quick trip" back up to the 1.0850 level... It's the 23.6% retracement where I'll take 1/2 profit and see if it can reach my TP at 1.0860

EURUSD only

Short E/J at 136.68 with a TP at the 38% retracement level of 136.05 Stop loss moved to BE (currently 136.42). image

Real Trading

I agree wit you and think its a great profit opportunity!!

EURUSD only

Love that 2nd chart as it is only a matter of time before DXY retests 99.3XXXish. That proved heavy resistance from March 22 until Tuesday when it broke thru and hasn't stopped.

EURUSD only

Not today - 1.08 10 will prove too much resistance. In my mind the 1.081 level is like the Ukrainian soldiers - much tougher than I thought but in the long run can't hold the line.

EURUSD only

I agree but my personal belief is that is "may" happen this afternoon starting around 3ish and if it doesn't I'll wait until tomorrow's London session.

EURUSD only

Looking to Short EUR/AUD at 1.4622 based on 50% fib retracement on 60 min chart. image

Real Trading

I'll take you may and raise you a WILL

EURUSD only

Dude, I normally would take a smart azz response to this but I can see you are a serious TA and you ask a serious question. Therefore, let me attempt to answer: 1. FORGET THE WAR - FED is raising USD and the EU has no plans for any rate increases ...

EURUSD

Great you've noted it: So based on that imagine what your account would have looked like had you: Gone long AUD/JPY last week Gone short GBP/USD last week Too many people get myopic and only trade what they "know" and leave $$$$ on the table.

EURUSD

This is the first time that I'm reading this...so tell me Windstrown, how do you REALLY feel about Nordling? Don't hold back now.

EURUSD

At the time of the post I did and still do. I am NOT a scalper and really try not to day trade anymore, at least not with my large account. As a swing trader I have my entries preset and the news has no effect on the numbers (for my style of ...

Cable Update (GBPUSD)

It's not Ever heard of the expression don't catch a falling knife? image

Cable Update (GBPUSD)

Thanks for the trip down memory lane.

EURUSD only