Morning all, heavy resistance at 4775 and bearish 4hr now. I missed my entry to short though and Im not expecting the trendline to hold esp as i took a big short on the dow this morning

Trade what you see NOT what you expect

Im also having a bit of trouble getting bullish on cable with the dow looking like this

Trade what you see NOT what you expect

Hey Navin, yeah no clear direction for me to stay in a trade, exited my EU trade too. I still feel we will test the trendline around 1.44xx now before moving past 1.5. If we get there and it holds i will long up nicely for 1.5

Trade what you see NOT what you expect

Im out of all positions now until after the fed minutes come out in 10 mins. They might decide to print a few more trillion dollars or something crazy, either way i wouldnt be surprised

Trade what you see NOT what you expect

nice work i was kicking myself for not taking it lol!

Trade what you see NOT what you expect

yeah i think h4 describes exactly where the market is at the moment, up, down, up down lol I closed out the last of my longs at the 1hr 62ema, wow that thing works so well, damn wish i reversed it there too lol

Trade what you see NOT what you expect

Eu escaped to the top

Trade what you see NOT what you expect

lol no trends just up down up down. EU is stuck in a similar range and is attempting a break out too the top

Trade what you see NOT what you expect

Yeah Agree the 4hr is def pointed to a much bigger drop, im looking to short again around 4730

Trade what you see NOT what you expect

You got patience Micho! Ive done that so many times and got handed 0 pips in the last month so im back to scalping this thing

Trade what you see NOT what you expect

lol no worries I should of waited for my entry! I reckon we'll get over 4700

Trade what you see NOT what you expect

thats better now

Trade what you see NOT what you expect

Thats what I thought! And then bang we drop a bit more. Hopefully its time now !

Trade what you see NOT what you expect

Look at the PA in this area, suggest its not going to break easy and at least expect some retrace

EURUSD

Great advice, that pretty much sums it all up

EURUSD

Is that $8 per pip? It all depends on the size of your account, dont risk more than 1% of your account on a single trade especially if your new

EURUSD

wow man, thats a lot of red pips, how many trades you got going at once? You must be a very long term trader?

EURUSD

still in it looking for for 35xx, greedy i know!! ANd looking doubtfall with that hangman on the 15min

EURUSD

Thnx !

EURUSD

AUD has dropped interest rates just now and this has pushed AUD/USD higher surprisingly! I believe speculators are now considering that a rate cut for EUR could also push the currency higher hence the move up in EU. This is purely speculation

EURUSD