Ok, I see nothing. Shorted 1.1228 .3 lots add to short 1.1239 .3 lots TP 1.1194 all SL 1.1265 or end of week image

EURUSD only

Hi All, Was there any news event that caused this move up? I just got back and immediately added shorts for my long term account but hesitate on short term account because I am wondering if this was stop run or some fundamental driven event. I see ...

EURUSD only

telegraphing the next move.

EURUSD only

The movers took price down too much overnight for my short orders in my long term trading. Trade should continue to drift up but I doubt it will hit my orders at 1.1210 unless one of the Fed speakers says something about rate cuts. image

EURUSD only

Everyone have a fine day, I am out of here until NFP. Time to study the long term charts.

EURUSD only

It is true that new traders attribute the "sell in May" expression as stock market because most new traders start out trading stocks and quit trying to become traders after losing over and over. They give up trading and start putting their money ...

EURUSD only

Moving down nicely now. That W from earlier had me worried. If we went above that spike high from FOMC I probably would have closed shorts and stay sidelined. The "sell in May" phenom is powerful but does not always work. image

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Still building short. Picked up another 2 minilots. Now .7 short. I expect movers to keep running this up, and I will continue to sell .1 lots. Stops above 1.16. First targets June 1 close Most every year it is same cycle every year. Does not always ...

EURUSD only

Building short position slowly. Don't want to be full position too soon as can be painful WHEN price moves against you. I normally ignore April NFP and just look to ADR for places to add to shorts. Cycles are usually right.

EURUSD only

You need to take a break from posting, my friend. Focus on trading, not on posting. The prophets of doom will always be there. Don't let it distract you as the markets love to take from the dazed and confused. A good way to keep the false prophets ...

Pivot Trading

I was wrong. The May bear is already in progress, sell eurusd but be aware of the MM plan

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Long is wrong today but with the holiday, this is more like Monday trade and news does not support the short side. I will hold the longs, for now. nice doji on 4 hr chart

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Back from holiday and now time for the daily grind. Ok, maybe the couple minutes here and couple minutes there grind? Looking at charts and news, we are still a long way from the bear of May. I will be only buying dips this week and most of next. ...

EURUSD only

stops are too close. Have to give some bounce room, use ATR to gauge how much bounce before the stop

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Dumped my entire long term line for +3 pips. Sometimes we have to go with what we feel. Cycle timing is not right to build short yet. I attach one of my systems which actually uses indicators. H1 chart looks real bullish. image

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Still building short position even though weekly chart has me nervous. This early into the cycle had me back off on size and wait for some big pops to sell into. Don't want to build too fast as this bull looking strong, for now and I do not like big ...

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Don't think of here as a room full of strangers, more like a bulletin board in the office lunch room in the old days, before the internet. You pin up your message, like a sign up sheet, room for rent, car for sale, party at your house, etc and ...

EURUSD only

Not a good start fo shorrrrday! There is some resistance in 1.1320-30 area but if it blows through there after U of M survey, I will stop out to protect profits from the week. My plan allows me to put wide stops but take losses early when I see I ...

EURUSD only

Almost hit the stops, very lucky. t/p and reversed, now short from 1.1292, I have stop above 1.1400. No price targets yet but I am thinking this weekend is probably not a good one to hold large positions image

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