red begets red

Trading EURUSD only

my stops are min 100 pips to max 150 pips now. some say too small....i tried smaller stops like 50-60 pips but long term trading no good.

Trading EURUSD only

ATR is always going down before big moves... we have been in range for quite some time. ATR has nothing to do with my entries or direction. i have it to determine what stop i will put.

Trading EURUSD only

if it break 1.2894 it will most probably go lower than 1.2891

Trading EURUSD only

image current situation. looks very bearish and on daily probability is much higher that this time I am right.

Trading EURUSD only

yes yes, beautiful. exactly what i see. btw, if anyone is trading gbp/usd it looks like it is getting out of channel on weekly to upside. if to think fundamentally, gbp is awfully cheap now historically comparatively to usd. cannot last. Brits are ...

Trading EURUSD only

price might be moving around taking away orders at this level. i want to see overall lower lows on small TF.

Trading EURUSD only

I am with you 100%. there is TL just under 1.2882, but this whole PA looks like orders accumulation to break it and then to 1.2800 and below.

Trading EURUSD only

however Steve, it has also not gotten to 1.2924 yesterday's low and important resistance now. it looks pretty bearish to me.

Trading EURUSD only

news.

Trading EURUSD only

I sincerely hope this is it. Eur was deceivingly up for too long based upon Draghi mouth running. However the more he talks the less upward reaction.

Trading EURUSD only

you mean it is going for break down below 1.2882 or back up?

Trading EURUSD only

I am not saying 1000 pips which would be nice. but some serious move. 500+ pips nothing special. with my current position this on e/u only would mean 15-16%.

Trading EURUSD only

my stops are few pips above 1.3000, but I have itchy finger when it comes to closing trades in loss. I tend to close trades in red quickly if I feel things not right. have a lot of small losses cause of this. i rarely lose the whole risk.

Trading EURUSD only

I did not day trade e/u, concentrated on long term trading and practicing futures. I have not lost yet on e/u. opened my first short at 1.2970. then added yesterday, second. closed when no progress, reopened yesterday when TL was violated. and now ...

Trading EURUSD only

yeah, new low today, but have not reached week low. waiting for news probably, but often they start moving things well before, possibly for stop hunting.

Trading EURUSD only

From PA on daily it looks like momentum is heavily down, but damn, it's been like this up and down for more than a month. However on weekly we are in a very bearish channel just hitting upper TL and this PA over few weeks looks aufully like short ...

Trading EURUSD only

Ok guys, it might be it. I am heavy short e/u. 3 positions 2% total risk now as I moved stops. Hope I will not be slapped again. made huge mistake this week. was short eur/aud and eur/nzd from almost the very tops but closed. reopened new positions ...

Trading EURUSD only

moving up. e/j was very volatile on news.

Trading EURUSD only

so far the only indication price might go up is time spent at 1.2900 level without breaking it. no higher lows yet and no momentum up.

Trading EURUSD only