I hate BS like that. Barely missed my SL. Seeing it it will still drop but not holding my breath.

EurAnalysis

hmmm seems like a pop and drop or going to range. Anytime you go past the price right before after a initial news break and you bounce off the US open and trend line. Strong chance of down with it now being under the 75-80. Might break back up later ...

EurAnalysis

100000000000% agree. Market ranges most of the time. Which is why I use a scalping strategy based on a 1M 3M and 10/9M MACD movements in relation to each other to create a little bias. Most daily moves are covered by watching them from my years of ...

EurAnalysis

yep... and it just broke R. Now see if it breaks the low of the NEws movement. If it does that 50 or 25 here we come. EDIT: Sorry put wrong quarters in.

EurAnalysis

I am thinking the middle around 50 or so as it tends to do that especially on a friday. So it will probably go down. Short now!

EurAnalysis

Which is why it will go down IMO but I will watch PA wave action to determine if I trade that.

EurAnalysis

hehe. Bought it up to 25 and sold again. Gotta love range on testing in active markets. Still expect it to go down but it is testing right now. It doesn't have a clue what it wants to do.

EurAnalysis

Well I closed my scalp for 30. sorry could not help it. It is the scalper in me. Expect a smack to 25 sell again and I put in another sell order with the others.

EurAnalysis

LOL QE has not worked. Smoke and mirrors. Europe vs US. Let's see who can suck the worst with fiscal policy and call it intelligence while simply enslaving the population to the money makers/printers. Most would call that a conflict of interest ...

EurAnalysis

Totally agree!

EurAnalysis

Just a quick thought. So what will be the GAP come Sunday? I would say 100 if at a top and it doesn't drop.

EurAnalysis

I would have shorted anyway on a scalp at 25. Exhausted moved. News/event coming people will sell off.

EurAnalysis

I opened my initial also. I have sells orders set at every 50 to 750.

EurAnalysis

Think all the money that went into that move is going to stay? LOL Risk reward..... not going to happen. It might spike another 50 or so and crash. KEy is 475-500 after the idiot talks.

EurAnalysis

Yep....

EurAnalysis

Nope you are not. It's the thunder before the storm. It is about to crash! They like making money too even when it is against their position. the higher they push it the more it takes to go down. Then they sell down. Instead of 200.... now you are ...

EurAnalysis

Risk reward and right now the more it goes higher the greater the risk. SCaling in or range trading SHORT for me today after this morning every 50 pips higher. just now out at 623 from yesterday.

EurAnalysis

I think the BB are pushing to the high target before the meeting so it can drop even farther IMO.

EurAnalysis

What the heck... I put my scalp long trade in yesterday at 500 and SL of 25 and come back in and WHAT THE HECK. I am happy but seriously. If shorting was ever...it is now IMO. BUT I will watch PA. :-P

EurAnalysis

I think it will probably range in the 0-25 zone. Asian open should be interesting. Would not be surprised though. I am long now on a scalp so hey...

EurAnalysis