A close above 1290 and i may just violate my trading rules and get in, although i do hate trading the asian.

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No one seems to be around, take a look at H4 i was long but got out at +30Thinking of a re-entry depending on the H1 close...Id be interested in your opinion

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As i said little attention, always aware of the daily news and things like that. Rate cuts etc.. but as i said i dont pay much attention to big fundies such as meetings and things like you posted.Which brings me to the questio again what kind of ...

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Being a technical trader who pays little attentiom to fundies, what affect do you think this will have ?

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Calling me foolish? Pretty sure the move we saw earlier speaks differently.

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Got called a muppet this morning for buying, seems im not the muppet after all. Lol

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Hmmm fair enough, we will have to see how it pans out.

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What brings you to that conclusion? 1.12265 resistance turned support.

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The confident bears that were here earlier seemed to have disspaeared as expected, long 1.12500

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Bounce from 1.12265 good long entry. Although wait until this hour closes to verify.

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Time to buy.

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Daily is definately bullish, im not sure if alot of these short targets people have will be reached, im gearing up for a long as soon as i see a momentum shift.

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Seems to be quite alot of people shorting, am I wrong in saying overall trend is bullish and this is merely a correction?

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Fair enough, im staying put till LO to see how things pan out.

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The pips amount was an estimate based on my beliefs that this fall will be a pullback of the larger trend. Be it 40 50 60 pips i dont think that it will go past 1.12400.If this is correct, your short is counter trend. But as you said you trade for ...

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Ill never understand this logic, why short now with a profit potential of 40 pips max. Or wait until the pullback is completed get on the riggt side of the trend and have a better RR and profit potential off 100+ pips.You open your position when i ...

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You correct although i feel you are shorting into a pullback with a valid potential target although this is counter-trend.Take a look at weekly and monthly. My targets put us in the 1.16 range in the coming week, why not wait till a pullback is ...

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Disagree... weve got a long way to go up and past weeks high is just the first step, could be wrong and this could possibly be a asian headfake although ill take any retrace for a better price regardless how small. Gotta be in it to win it Edit: ...

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Was waiting for a deeper retrace for a long re-entry. Last hours momentum forced me agaisnt my rules and entered long. Anyone agree?

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Ive got the same retrace level and expectations as you, although mine was a blatant guess how far it could retrace, you say support at 1.12450. Where do we find this support from?

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