China is the one that owns most US papers, isn't it? That would mean they lose big time USD going down. Correct?

EURUSD

you think asians will push it back down as last night?

EURUSD

Well, if this is the way to save it, then we won't see it at 1.22 that soon but will see it at 0.88 a bit later

EURUSD

well, i'm in short so i think yes but my point is that price action is not that nervous anymore.

EURUSD

Price action seems to be much more normal after London close, doesn't it?

EURUSD

Welcome aboard mate I'm short since 1.2351 PS. I agree on a break of PP

EURUSD

Anyone shorting here?

EURUSD

I appreciate your opinion. I guess it's all about personal trading style. It works very good for me which doesn't mean it should/would for anyone else, of course. I just wanted to illustrate the case when it did since that's something I use a lot ...

EURUSD

Well, didn't I tell it's on M15? Sorry if I didn't. My fault in that case. (although I posted a chart..there is a TF on it) And yes, it's about a few hours... and made about 70pips till that last high. I don't trade daily yet.

EURUSD

For example - switch to H1 at the moment and take a look where the price stopped now. Exactly on 21EMA. In a pip precision

EURUSD

Well, it would be very stupid to rely on them only (as with any other tool itself). I look pretty much things. E.g. in this entry, some of the things I was looking at: EMAs, TL break, MACD bear divergence (on M5 & M15).... It's never only one thing. ...

EURUSD

Moving averages work... 21EMA (red one) changes sloap. Price first breaks 21EMA and do a retest from the bottom. After retest is done and going more down - moving SL just above 21EMA. Now breaking 55EMA. Might not even have a retest since Pivot ...

EURUSD

Pay attention on M15 > we're on 55EMAs. If it breaks & retest from the bottom - it might be a good entry. EDIT: + 21EMA changed a sloap to a nice down.

EURUSD

Next good short entry could be in 1.2340-1.2350 zone when it gets to 55EMA on M15 chart. The price did respect 21EMA very well so I believe it will 55EMA too. If it breaks it will probably retest from bottom side and that's a good moment for entry. ...

EURUSD

Japanese open...will we go down? video

EURUSD

does it matter? if short is confirmed > open a position and squeeze SL as price breaks certain levels (pivots, fibos, EMAs, S/R lines or whatever you use). I never have a TP - i just squeeze it with SL so I don't care where does it go as long as ...

EURUSD

that's a good one!

EURUSD

I don't feel short - I am in short already

EURUSD

you mean - final 2 hours?

EURUSD

What is the fundamental USD/EUR ratio at the moment? Btw. all pivots, EMAs and fibos were respected today. Even a trendline at the moment. What is to be seen is will it break (it retests at the moment) or not.

EURUSD