Market is being a PITA again. Not content at one bear stop hunt it wants to try another. Ok you win. Moving stop to BE+1 and going to bed.

EURUSD

Sure you don’t want to reverse it? I mean I trade with standard lots and I’m shorting this. Very high probability short.

EURUSD

if you are to be correct, I suspect we’ll go back to 0850 first. I shorted above the market as I was hoping. So far looks good but tight stops are on in case I stuff it up.

EURUSD

Looking for spiking price action above the market to convince me to short. So far it’s inching up there...

EURUSD

Actually the pullback from the recent high is fairly significant. If we consolidate down here then it’s a definite no-trade as the banks will figure out their next moves

EURUSD

If we get a tap above 0900 I may well try some shorts. Otherwise standing aside, but a correction is due. Don’t want to be a bull right now.

EURUSD

Noted that US session provided buy opportunity to go long whereas Euro session gave me nothing. Didn’t trade this anyway, BUT now things look a little clearer. Possible sell area up here, but personally I would rather wait for new cycle to start

EURUSD

I’m going to call this the end of this cycle upwards. Now to wait for next cycle. Awaiting a spike down and strong pullback for entry in the next couple of days for a short.

EURUSD

I’m not sure if this is a legit pullback, but even if it was it’s a bit risky to trade them sometimes as they don’t always travel far as the cycle wraps up. In this case it might because we’re still short on larger timeframes. Market has not offered ...

EURUSD

Recent price action suggests a topping out up here above yesterday’s high... somewhere. Bears may be able to get back in but I’ll wait for that topping out first - unless it happens on my watch.

EURUSD

Price has to stay above yesterday’s low if we are going to continue on up. Otherwise the cycle will end. I made nice bank yesterday so I might sit today out

EURUSD

Stop hunting traders who took long positions after the spike

EURUSD

Today’s ADR sits around 0850, which would conveniently fill the weekend gap should we get there. Typically I am only wrong once per market cycle - if I’m going to be wrong...

EURUSD

to stop out the traders going long who held their positions over the weekend. The gap would have clean jumped over their stops, causing them to lose more money. Now we are grinding down to get traders to short this. Nothing to do with economics. ...

EURUSD

I’m reasonably confident price will stay above 0800 but breaking below that would change my analysis. At the moment price is compressing downwards, which suggests a reversal when it bottoms out.

EURUSD

I say up in the short term. This upward push is unfinished IMHO, so I reckon there’s a good chance of hitting those magenta lines.

EURUSD

Nice gap down. nice opportunity to ride this up

EURUSD

Woke up to find stops hit at BE +1 Disappointing... must have misread the cycle. It happens, yet I had such a solid entry I still managed to profit a bit

EURUSD

Looking forward to the Euro falling off a cliff when that news comes out. Already the US stock market is shaky. That can only mean $ strength. But then there are other factors in play...

EURUSD

it had no hope of setting a new high, and now it’s not coming back.

EURUSD