End of the session coming up. Taking some profits off the table here. Already made enough pips recently. Didn't need more. Had a funky entry, so this may go higher -- or not. Depends on how many people sell into this... HA! Running remaining trade ...

EURUSD

Looking for a break of 1.132 for confidence to go long some more. Not at that area, but it would confirm my bear-trap theory. In that case, whatever happens at Brexit time, I think the Euro's value is only going to increase. From a fundamental ...

EURUSD

Thanks to everyone who sold under 1.13 for making this jump back up possible Whether it holds or not is another story. Moved stoploss to BE.

EURUSD

Got a trade on long under 1.13 Not the best entry at all. Hope it holds.

EURUSD

Not much interesting happening here on EU.... I bet the crosses look more interesting.....

EURUSD

Would like to buy in on this under 1.13 May or may not get the opportunity this session. Trading is not about predicting, it is about reacting.

EURUSD

Price action is starting to suggest a bear-trap at the moment. there may be a quick burst down here but if there is it may be shortlived. If I’m right I think we’re going to retest the recent bull-trap and rise above it

EURUSD

I think you’re right

EURUSD

More F bombs than Scarface! ...but it's relatable. Just look at this thread since the end of Friday. People going around not even 90% sure about the trades they are taking. The brokers and the markets have you right where they want you.

EURUSD

The price is dead-cat bouncing down there. I wouldn't attempt to trade against this drop until the dead cat lands on a trampoline.

EURUSD

Horizontal lines in the right places are the best indicators. All we really care about is price, and it is shown on the vertical axis. Aside from that you need to understand ADR and ATR and price action. Figure out where the cheap, expensive, and ...

EURUSD

Thought I might have a slow day trading today to let the pair find it's feet. Predicted 1.13 some days ago, and well, here we are. Thought today's trading level top was 1.1380, but it was a two-way trade area so I was stopped out. Found it again at ...

EURUSD

1. It's wise to not be overly confident, but stupid to have no conviction. 2. Nobody can see the future, but trading is about reacting - not predicting. 3. Past patterns are no guarantee, but a functioning business model doesn't often deviate much. ...

EURUSD

Cashed some trades out from short at 1.1425 after targets hit. Got a runner on with the stop loss locking in profit. Never go to bed until all your trades have the barn door shut behind them. Once price levels out again, I won't be trading. Two ...

EURUSD

LOL, if you are trading like that yer doin' it wrong. If you keep the losers small and the winners big - then you will come out on top financially. This means you need to focus MORE on where the stop losses go instead of getting revved up about how ...

EURUSD

Interesting distinction here is that there are times when you don't want to be in the market. And you know how I was talking about bear trap above 1.14... .... ...well, yeah....

EURUSD

Yes but what "techs" are you using? The ones that only sorta work, some of the time? I, for one, wouldn't be caught dead using diagonal lines everywhere.

EURUSD

Well that depends on your techs... and like the others said, the news doesn't influence direction - only volatility, and in the case of NFP a size in the broker spread as well.

EURUSD

Woke up to find all my trades closed in profit, and now I'm seeing the bull-trap above 1.14 I was expecting. Predicting a pullback to around 1.13 before the market takes a break to figure out what it wants to do next.

EURUSD

It's smoke screen in the sense that it's not a top-edge of the market. It's an area of two-way acceptance given the large amount of sideways movement at that price point in this price level. That means that there is a top-edge!

EURUSD