Ok euro is going up , not so strange in range market, when there is no trend no need to follow one. Ps . Time for turtles to hide under shells.

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I agree safer to wait for the bounce then sell.740 would be my entry to short. And I am also looking to sell E/G as it seems that euro is heavier that Gbp today. Ps what about cheer leading conversation happening on the thread...boring.

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Psychology tip of the day: When a person has self doubts or when he believes that he has a certain flaw he starts to compensate these flaws by doing certain actions that might offend others.

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This is not right, repeating mistakes, doing them again over and over, and calling it some turtle strategy and aggressive!! When turtle was agressive, turtles are very peaceful and slow. Doing mistakes is ok' we all do, but make our mistakes as ...

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Bold, not wise though, you might be right, but I see every timeframe giving pull signals.

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I think Euro is going to break higher this week in case Greece closed a deal on Thursday which seems very likely. and then decline again before the fomc. PA is poised to go up it keeps pushing higher and higher and I see all dips just to trap trader ...

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It is all about Greece. Some reports at late NY session stated that Greece is in good shape and will be up to May payments might have triggered short covering. The market is so nervous this week, spikes out of nowhere will be the norm this week ...

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The market ended up where it has started. Yesterday almost closed the same 740. It was non event day, the only difference is that many traders traped in short as well as in long bias, and ended the day less fortune than yesterday.

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The price first has been rejected from 61%fib (1.1035 to 1.0530) which is 840, then today revisited 50% fibs which is 780 and seemed to be rejected again. If the market following patterns then 780 will cap any upper movement for now and the path ...

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Despite the fact that I have an open e/u short positin, I love it sometimes to go up, not to short at better position, no, just to see some people hiding from this thread as they do usually. But again when euro declined they come back again not with ...

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If you ever had started anew business, you will know that it is not about profit, it is about surviving, profit will come with experience and time. Whenever the wind is strong, I keep my head low (manage risk) and attack later.

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Thank you for your remark, I agree totally with you and happy sometimes to read people talking logic, because this is sometimes rare on the thread.

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You did not get it. that's exactly my argument, that I do not know, that is why I analyse the risk. by the way I know no pro who makes +75%, but I know newbies who made +75%, and the other day they are margin called.

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No it is not!!!! It is about business and good management. You must analyse loss as well as profit, balancing greed and fear. Whoever having no fear is only gambling. That was my transition point from profitable demo trader into real account ...

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It is an unstable PA, it is all driven by political news about Greece. It looks like the downward trend is resuming, but I just could not trust the daily pattern. It is violating the rules easily, double bottom and double top kissing each other, ...

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Actually with such huge risk off environment, you should not relay much on the negative relationship between DAX and euro. It might turn around. I am not defending my ideas, it might be wrong, just thinking.

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With respect to some traders who support the idea that euro would go up, I have to contradict their view. I think with Greece default now is stronger than any time before, the panic over it would drive euro down, it might not collapse, yet, but ...

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It still looked mixed for me. The effect of negative in cpi is bad psychologically even the core advanced. I never dared to touch it right now, I have no idea how the market would interpret it.

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If history repeats itself, then the market behavior before the NFP will be coppied tomorrow. The price will Hoover around 750 or 850 just before the cpi news, and if it miss expectation then we will see one spike to 1.1, then very little movement to ...

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Tomorow could be the overkiller pullet for the USD pulls if cpi miss expectation. I was long today. But stopped out twice. Bad entry may be as i did not expect the decline to 630. Bad luck.

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