It really depends what the market wants to give me this session... which may not be much if anything. From a technical point of view (and I am purely a technical trader), it could well be that the market cycle has wound up and we're now in a ranging ...

EURUSD

Hello, and yes I am long. Hate to say "told you so", but... well... um....

EURUSD

All I have to teach is that when things are expensive, they are sold off. When they are cheap, they are bought. Most business happens at a reasonable price point. However the extremes of price need to be established first before the market can ...

EURUSD

That's for me to know, and for you to figure out. Could have had something to do with my previous buy trade though and where I placed my stops for it.... not sure

EURUSD

What's amazed me during my FX career, is that I can teach people how to make loads of cash, but nobody is really interested. "Oh that's nice, but I'll never do it" The issue is psychology. Whether you think you can or you can't - you're right. ...

EURUSD

Exited my shorts in profit, end of Euro session. Despite my earlier misread of the market, I still profited both ways. Current price action suggests a reversal from here. Need more confirmation to change my bias however, but so far it seems to be ...

EURUSD

Don't have to be right all the time. Just have to profit! And be flexible when you accept being wrong. Besides, even the big boss has to let *some* people profit.

EURUSD

I had my buy trades at 1.1950! So profit taking still possible for me, and I had a good run short yesterday, so no skin off my nose if I make a mistake or two and lose a pip here and there. There was significant divergence down at 1.1950 though... ...

EURUSD

Showing strong short signals now. TPing my longs and now going to cheat on them with some shorts.

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Absolutely nobody wants to go long now, surely. I mean, just look at that!

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Price reaches back down, but one person's sell signal is another person's buy signal ...and that's how money changes hands Trading

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Knock it off! We want them to go short so that the market can pop higher!

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No, the bull trap was two days ago. This is profit taking at the end of a cycle.

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That's right. It's a head-and-shoulders at a price point I expected for a reversal after a considerable drop, and that price point is important because it's the top edge of previous ranging market.

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I'm expecting that the pair will enter back into a ranging market and finish out this cycle... but then we have some heavy news releases later in the week, so it could make for some risky trading until direction re-establishes itself.... or maybe ...

EURUSD

Anyone who is not long EU by now should give up on being a trader I think you could jump in with a late trade and continue to ride this, but now is really a suboptimal position to get in because the train has already left the station Nice ...

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I was actually right, but my timing was off.... or should I say... the correct timing was extraordinary. This pair is back into bear mode now.

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Looking for a pullback now, so I can jump in and go long and get my money back Either way, the short move is over.

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Yep. Got it wrong today. I am out. I can see why though.

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Tightened my stops. May have misread the market

EURUSD