Bears on the prowl

EURUSD only

image I totally agree with those numbers. Today I'm scalping between 1.1825 and 1.18 As long as 1.1930 holds TODAY I'm shorting/scalping. edit: ust hit 62% fib and add to shorts

EURUSD only

Well it seems like a 0.9% CPI means there is inflation? REALLY??? The reaction was swift and I'm short at 1.1820 EDIT: I believe that 1.18 will likely hold for the day but if it gives 1.1780 holds the low today. TL 1.1890

EURUSD only

Going short here at price breaks the 1.1840 level and riding it down to.... image

EURUSD only

It's like you're reading my mind! Buy orders in at 1.1797 with no stop for the NFP - limit at 1.1860

EURUSD only

Personally I don't think that with this PA your target gets hit - but if it does my preference is to short it at 1.1985.

EURUSD only

What's interesting is this - Bull markets - last much longer than bear markets, usually short choppy movement Bear markets - much shorter in duration and moves are usually very violent and quick followed by consolidation. Let's face it for folks who ...

EURUSD only

In 45 minutes (9:40 am EST) the US PMI "should" provide some PA but there are two (2) scenario's that are in play. 1. PMI numbers are better than expected - this increases the inflation trade/fear. Result? Dollar soars and EU tanks 2. PMI numbers ...

EURUSD only

Yeah of little faith! image "...can you believe these humans?"

EURUSD only

Care to explain WHY? Or is this just a rumor from a rumor? EDIT: Oh I see you are scared of what Chairman Powell is going to say, I missed that on the calendar so thank you. Personally I think that Powell is going to be ultra-Dovish. How? I suspect ...

EURUSD only

My chart and numbers tell me that 1.1950 is my goal as well....my preference is that I'll be like you and get out BEFORE it hits 1950. My chart tells me that 1920 is the key to today.

EURUSD only

Hey all - based on daily chart I believe that we are in wave 4 which should go from 1.1920-1.1950 followed by the last wave down. Personally think today and tomorrow will be a consolidation but who knows.... Long until 1.1920 with short orders at ...

EURUSD only

If it hits 1.2050 I'm on it!

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Between now and 2:30 this is what I plan on doing... image Actually what I "think" will happen will be an immediate drop in price designed to suck in the retail traders followed by a massive pop that wipes out lots of accounts.

EURUSD only

image Hey did you hear the rumor? They say the FED's gonna start to taper soon! image Yeah I've heard it B4! Wake me after the FED meeting will ya?

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LOVE IT! image

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Actually I interpret this as more retail traders are short than long Those who are long are more confident and hence more lots....jmo; any thoughts?

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It's gonna hit and bounce upward - USA markets set to open up with S&P at all time high - too much liquidity to fight

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Ah my dear trader you forget one VERY IMPORTANT THING ABOUT TODAY! G7 MEETING BEGINS! For the past several years trading during the G7 meetings has been like watching paint dry. Also remember that today the pair has already moved over 70 pips (daily ...

EURUSD only

BTW I'm long too. image My pressure point is 1.2150 on an hourly close - until then image

EURUSD only