1.1919 is proving to be a tough nut to crack. I fear that this may become a trap to short sellers if we keep hitting that wall.

EURUSD

The bounce at 1.1919 is a bust for switching back to a bullish posture. We're going down. Give me a pullback up to enter pls.

EURUSD

Price is looking a bit suspicious around the 1919 mark. If it doesn't break then... we may be going back up

EURUSD

You're going to be looking at it in the rear vision mirror. With the exception of a pullback, we are going DOWN now. No 1.2 for you. This played out exactly as I predicted. Bears back in control.

EURUSD

Red news coming up, so expect some action. Price has to really launch up until it's swatted back down - hard - at some point. I think I'll call it a day. Already extracted a good 20+ pips out of the Euro session on this pair.

EURUSD

It could go either way from here. A retrace to buy would be nice, but this grind up has be thinking that it could easily jump up from here into a bull trap.

EURUSD

The gap I'm talking about is the one on the 15 minute chart. Predicting that US session will fill that gap, try to produce the appearance of a dropping market for the US traders to short, before killing them with a move up.

EURUSD

Price stalling out here. Note that there's a gap that price has to fill...

EURUSD

Yes there was some gapping shenanigans going on at the London open. Possibly to lure in shorts. Price has not yet rejected hard at the top side, so it was all BS

EURUSD

Should go up with liquidity found at yesterday's high-of-day numbers. Just watching for any bull trap up there. I'll be TPing before that happens - if it happens.

EURUSD

So I screwed up yesterday. Reason being what that Monday's move up didn't reject at the top. It accepted. Hence had to go higher away from previous lower acceptance... UNTIL it gets rejected. Also because 1.1884 wasn't ploughed through. Market ...

EURUSD

It's got to drop....surely. Now's a good spot to try hitching a ride on that train. Keep your stops tight!

EURUSD

Concerned that the upward move actually topped out during yesterday's US session. Price is holding above 1.1885, but a move below that would twist us back into bear-land.

EURUSD

Market profile suggests a pocket of liquidity around the 1.1883-1885 area.

EURUSD

Expecting a dip for a continuing buy trend, but wary of price peaking instead to end the upward cycle.

EURUSD

Yes, on the greater time frames this is going down, but if you were going to short today, you might be in a bit of a pickle.

EURUSD

Seems to be a floor at 1.1847 Looks a bit more convincing than the last one. Mind those shorts

EURUSD

ouch

EURUSD

Starting to look like head+shoulders down here. On schedule.

EURUSD

Yep, this has bounced. Stops hit under the market and now disrespect for the downward move.... so we go up until price gets heavily rejected.

EURUSD