Will be interesting to see if price can make a new high in London. Otherwise the failure to hit 0900 speaks of selling pressure up there and a place that price doesn't want to go - which can only mean shorting this week... if correct.

EURUSD

New cycle, so no idea what's going to happen. Guessing 0900 will be a bull target, which should result in a selloff. ...but I have zero confidence in making any call yet.

EURUSD

Pretty awesome day for trading yesterday if you were in both sessions. I caught the first drop out in the euro session for a good 60 pips or so, and then the US session provided another shot at it - but I wasn't awake for that.

EURUSD

Goofed on yesterday's analysis. (darn it) Still profited thanks to good entry and tight stops - although not by much. I can only be wrong once per cycle, because picking the top/bottom of the cycle happens in a tight range and signals are often seen ...

EURUSD

This is a buy trend - just getting started. (OTOH if I'm wrong, it will be my only mistake this week)

EURUSD

I count no less than 5 attempts the market has done to bait longs - without moving up - since yesterday.

EURUSD

If we see another swing back to 0870 in London (which is still on the tarot cards) this is going to drop like a rock. It can't keep luring in bulls without giving them a payoff unless it's up to something else.

EURUSD

Impressive stop hunt to be sure. More confirmation of a short coming up

EURUSD

still in this short. Still looking good. Collected positive swap and all. I added more to my position in the US session given that my position took on some drawdown. Price *did* come back to around 0888 (chinese auspicious number), and I stayed up ...

EURUSD

Gone short at 0860

EURUSD

It's designed to look like it should be long. At the worst part to be long. I'm hoping for a comeback to shakeout the FOMO short sellers.

EURUSD

This one was going down. Just didn't give me a good enough entry before slamming it. Maybe it will come back but it's downhill this week.

EURUSD

I would say that's an advantage because then they can't go on stupid adventures into margin call with their trading, and they are forced to trade semi-properly. The thing is this - I think grid trading is attractive to people who want to be in the ...

EURUSD

I've seen multiple grid/pyramiding/hedging EAs employ these kinds of strategies. They always explode accounts, no matter how you "optimize" them. Drawdown is massive. Also it takes ages to make any profit, and then you're sitting through forever ...

EURUSD

Price is going up as expected. Looking to see where this is going to top out and what price action looks like up there. May not enter a trade today, but possibly tomorrow. Interestingly there is news on Wednesday - which may provide the sell ...

EURUSD

New cycle here. I'm half expecting a jump up here to cap a downwards move, but I don't have enough info to pick a direction just yet. So no trade. Yesterday had a sneaky short trade, but I wasn't going to take it due to the end of the cycle and ...

EURUSD

Not going to trade today, but my guess is that we'll see a return to 0900 at least before dropping further. This initial down move is just to suck in the buyers IMHO. Could be wrong though. Not trading today, so do the same if you're not feeling ...

EURUSD

Bull entry for you crazy bulls around USD unemployment news was a damp squib... and trapped in a long move that ain't coming back. Should have kept my short trades on, but anyhoo, I profited from yesterday. Yes there is more downside, but NFP today ...

EURUSD

Eventual direction is down, but given the craziness of this news I'm closing shop.

EURUSD

1038 is safe IMHO, That's not to say that crazy news (US unemployment figures and NFP) might make a spike back up there - but if it does it will get hammered down. If there's to be an attack back there it will come under 0900 (which is my TP)

EURUSD