Looks like the buy side is a washout, which means the head-shoulders readout was accurate. Staying out until next cycle starts

EURUSD

It could well be that this trade goes no higher than 1.2030 and then stalls by the end of the session. Gotta wait and see....

EURUSD

I don't see a convincing shoulder line personally - but I'm not always right either. The trick is to be wrong small when you are wrong, and right big when you are right. However this area is worth a low risk buy trade with tight stops under the ...

EURUSD

There's buying here at 1.2007, but if you're right about the head-and-shoulders, then this uptrend has ended. It's not always easy to tell.... in which case it may be worth standing aside to see what transpires. Trade safely.

EURUSD

Nice short-term short action from yesterday, but I don't believe the top edge is the final top. Looking for buying to come in under 1.2015

EURUSD

Probably not interested in taking any more longs unless there's some buying around 1.2 There may be some short-time shorts up ahead, but otherwise a buy entry is better. This uptrend is due to end soonish, but no concrete sign of this yet.

EURUSD

The top hasn't even been seen yet. Take a break from watching the screen... come back when you see a dip. If you missed today... come back tomorrow.

EURUSD

Will be looking for price action around 1.1950 and 1.1925 for buy pressure to push this up further.

EURUSD

That's going to get you killed. This is definitely still in an uptrend.

EURUSD

This uptrend has legs. We should hit 1.200 and go beyond by another good 50 pips at least I think.

EURUSD

I was always open to the possibility that the launch upwards on the 13th was a bull trap. I don't want to commit any funds until I can confirm direction. How price reacts around 1.925 will tell. So far there's nothing to stop a move down there.

EURUSD

Seems a bit overbought at the moment. I think it will probably drop down to 1.1950 from here. Bottom of the level is around 1.1925

EURUSD

I can only see this heading up further now. 1.1861 was the ground floor.

EURUSD

There's a buy op here for the traders. If it goes nowhere and drops through instead we are thinking sell side again. We will have to wait until next session to see what transpires. Although I won't be around for it anyway. Today will be telling.

EURUSD

Just need to determine if this is a new high to short from up here, or if this is simply going to continue on up.

EURUSD

It absorbed long traders for this session and I took a short. Will move stop to BE over this session however. Price should have dropped by now - but there's two counter-trendies in a row, so maybe there's just not enough volume needed for the short.

EURUSD

Well it's "do or die" right here....

EURUSD

Or they are holding USD or EUR and moving another currency... A break and hold above 1.1927 would be enough to change my mind about shorting. Market knows this and may go for it...

EURUSD

Yet another counter-trend trade back up. Looks like we take another crack at a sell tomorrow. Hopefully the market will get what it wants so it can drop.

EURUSD

A counter-trend buy showed up in the US session - maybe to lure in the last of the buyers - but otherwise we are still dropping short. Ended the week grinding the top edge of price. Hope to get in short again Monday.

EURUSD