Rocketing upwards now. Will hope to get in on a bounce of 1.2088 or thereabouts, but it could go deeper, so lets see what it does. Hopefully it comes back soon and doesn't leave me waiting.

EURUSD

Increasingly looks like a head and shoulders with bear trap at yesterday's low. Will be looking for a buy entry.

EURUSD

I took 40 pips off the short. Nice to get a extremely safe trade in that pays out quickly this week. What I am concerned with now is the possibility that this move down has set up a bear trap, leading to a head-shoulders and reversal out of here ...

EURUSD

It's called a "dead cat bounce" ! Anyway, another short opportunity presented this session. Hopefully this short should provide some distance south instead of holding for a short squeeze again.

EURUSD

And if you note, all the good bear opportunities happened during the US session, which I don't trade. Almost as if the market just wanted the US traders to lose money buying something else in exchange for the dollar....

EURUSD

It's kinda 50/50 Could shoot up and collect stops, or just drop like it was supposed to. Have fun everyone. I'm out.

EURUSD

You can't trust any figures out of China anyway. They just cook the books. An economy built on a ponzi-scheme with funny money and a complete disregard for supply/demand and market fundamentals. When they need more money they just print themselves ...

EURUSD

Price wants to drop but is going sideways for the Euro session. Still got some time before I give up on this session. Yet another day of pulling trades off while US session news squeezes shorts AGAIN probably....

EURUSD

Looks like some solid sell signal here. Will the bulls try again? lol

EURUSD

There were good buys coming out of Euro session for the past two days, but my bias was to the downside, so I skipped on them. In fact, it's only because they existed - and I don't trade the US session - that I only cautiously made one sell trade up ...

EURUSD

Yet another short squeeze yesterday. That's two in a row. Let's see how many bears become bulls and then see what happens....

EURUSD

It just decided to jump a bit higher before a drop - by the look if it at least. Starting to look like a repeat of yesterday. Nice place for the buy side to take some profits off the table.

EURUSD

Good place for a low-risk short... if there's confirmation of a pullback...

EURUSD

So I was right about the bull trap. Pity that I had to close my position out, but also lucky I did. They went to attack where I had my stop before dropping. Will look for another good short entry today.

EURUSD

dragged on too much with zero short movement, so I'm out at BE will have a look tomorrow.

EURUSD

Nothing stopping them making new highs, but my stops are exceedingly tight up here in case they want to punch north.

EURUSD

Reasonably confident that this is a bull trap. Stops are tight for a short trade out of here.

EURUSD

Assuming they made a solid floor under 1.2, if should go up... ...but being NFP.... maybe not without a significant drop first! Not trading this pair anyway.

EURUSD

NFP today. After a bit of analysis I don't think price is trending anymore. It's waiting the results of NFP to start misdirecting the traders again.

EURUSD

pretty sure there's going to be a sell off. Just a matter of how far we pull back before the drop.

EURUSD