I had a long looking for this move up but the extra little drop hit my SL by 3 pips while I was away and then I returned to see the completion of the move and I wonder why.....just why.... There is a topside of 4320-30 possible here on an afterspurt ...

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LOL...I gave up all Yen pairs years ago for the same reason. I make a nice living off one pair, the EU. Boring but bankable. It works so don't break it. It's just those massive pip moves on the GU look so tempting at times. Although it's a siren ...

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I tried my hand in the cable and got a -40 pip SL tapped.....so it's back to my steady bread, the fiber.......... I hate it when that happens. On the same signal with the EU I would have been out with +40 pips with only -10 pip under water ride and ...

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1.4155 is next up.....er down.

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I'm happy for myself....I used the resistance from that former support trendline to short and got rewarded. Closed it for 50 pips though. Have a hard time seeing continued bear pressure without a breather.

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The supporting trendline for the move up is now acting as the resistance on this retrace. Break it and close above it very well might bring the Bulls back.

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Bears look scared of that daily low.

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Funny game today for me....nearly 75pips on the hesitation moves between the 4300 and 4260 ranging but shut out on the drop down which would have net me around 75pips if I held it from the initial position I got. Heh... The trading isn't done ...

EURUSD

I'm still not good at rejoining a move if I don't get a clear spike retracement even if it's small....those type of push push push moves keep me off balance if I'm not already in it. It hugged the top drop trendline perfectly on the move but I still ...

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Now the 4210 price comes into play with the hourly BB....or the daily low might scare off the bears.

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We should have not dropped our shorts, huh...got caught bear assed....

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the trendline that's been supporting this whole move up is at about 4230ish so...oops....bam...just got hit and let's see if it bounces. It pierced it so let's see if there is a close below it this hour which would really open the bears door ...

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I don't think bears are out of the woods....or back in the woods...or wherever bears go when they feel good about themselves.... After the trip down to 4230-50 as I felt would take place after examining the 4hr chart I posted, it could revisit the ...

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Or wind up being bear assed......hehehe

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Of course forex is like when you bent over to pick up that dollar the kid pulled away and ran off with, you got pick pocketed.....

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Yea, I'm up about that, too....but we won't stop...it's like seeing a dollar bill lying on the ground....are you not gonna bend over to pick it up? Of course...sometimes it's got a string tied to it and some kid yanks it out from under your hand and ...

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I'm still holding my breathe..........

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.............not so much.

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Braver than I...I'm just putting a toe in to test the water either way and itching with quick exit finger....

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With the daily stoch having a bull cross right at the overbought line I would not be surprised with a major move long the rest of this week. Everything from daily chart down is screaming overbought but the stoch cross just mentioned along with a ...

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