Tricky tricky price action can make you close your trade out of panic. best to stick to trading plan

The sacred edge 2.0

daily R1 1.1362. a 1hr candle close above will be good for bulls

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Hello, @fxtyrant. i happen to be a big fan of yours. I made an unbiased comment on your thread and you put me on your ignore list. thanks. still your fan

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On the contrary these stops can be hunted and lead to a squeeze towards 1.1500. price action will show the way

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If we can get close to 1.1400 and i see any signs of a sell-off. i will be shorting. 1.1400 is very strong resistance with sell orders stacked above

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1.13606 cleared as expected. todays going to be a tricky day. I'm in long from 1.1340 half position, pending long @ 1.1320 stops 1.1300

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By the way mis-pricing on 15mins and 30mins chart were resolved yesterday when EURUSD spiked to 1.1280

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Multi-currency analysis. The Yen is whats driving the markets. when EURJPY and USDJPY are bearish EURUSD will be stuck. I'm thinking today may be a range day or little daily range except something changes fundamentally . Waiting London open

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looking back to yesterdays trade plan today it was a successful trade though i didn't profit from it. We can't be perfect

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i am looking to go long on london open if i see good price action or wait for retracement.

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we will need to break outside the FOMC whipsaw range of 1.1271/1.1361. else we will continue ranging between these 2 levels. the whip saw has skewed the charts and price action. i almost decided not to trade today and wait for break out of this ...

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4hr timeframe needs to clear 1.13606 to avoid mis-pricing. Though it still has till monday market close next week to clear 1.12149 and also avoid mis-pricing. so we either clear 1.13606 or 1.1214 within 2days. as it stands we are closer to 1.13606 ...

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Nothing much to do on pre-london analysis. Bias still remains same as yesterday with possibility of sharp reversal seen on 21st of April at 1.1400 levels. we should make a second attempt. Break of fail i can't predict

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Good morning Stt , Good morning all. Thanks so much state for your contribution. you hit the nail on the head. its basic common sense. i figured the reasons you stated help me trade so much better. it also helps build discipline. its very difficult ...

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Already shut down for the day. See you london open tomorrow

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Thanks STT your name i regard a lot. yea today was a whipsaw. i expected a trend. only scalpers could have survived this. lol. Money management is all that matters. small loss for the day. 50pips on half position. 25pips loss in my books for today.

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Whipsaw. Done for the day. Will recover in few days

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That didn't work out Fed was Hawkish

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out -30 pips and reversed short from 1.1282 stops 1.1322

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Remember BOJ also meets tunite

The sacred edge 2.0