If I was just trading intraday, I wouldn't trade Mondays or Friday either. Difference for me is that I am position building. I am already a few hundred pips in the money so if this downtrend continues without any more significant up move, the gains ...

EurAnalysis

Nice entry PipPipPip. I am looking for confirmation on H1 before entering. That style gets me in a bit later but with a better chance of downward momentum.

EurAnalysis

No. Shooting star on M30. Waiting for confirmation on H1 at top of the hour.

14 Year Old Forex Trader's Lessons

Shooting star on M30. Waiting for confirmation on H1 at top of the hour.

EurAnalysis

Thanks Walb99 but I don't speak the language. .

EurAnalysis

Yes it is the same thing. 2 parallel trendlines. One at the top of the trend (channel resistance) and one at the bottom (channel support) and I was referring to the bearish channel as seen in the solid falling blue line on the chart.

EurAnalysis

Ahh yes. That was the falling channel resistance. But that is lower today and it has been breached around the .3663 area Now we have to see if H4 closes above or below. ADD: H1 chart showing channel resistance breach/pierce .

EurAnalysis

That's what I am waiting for. A lower high after whatever high it makes this morning. Mind you, this little rally could continue for the rest of the day into the NY session, but it doesn't look that way yet. This is just speculation over the German ...

14 Year Old Forex Trader's Lessons

Everybody knows that Germany will pass this vote. The only question is how many from Merkel's party are going to vote against it. Any more than 10 or 11 is bad news for Merkel, and since Merkel is the driving force behind this, bad news for her is ...

14 Year Old Forex Trader's Lessons

Thanks for this walb99. Much appreciated. This is a perfect example of how together, we are more informed.

EurAnalysis

Okay we are in the zone now. Will be shorting on PA confirmation.

EurAnalysis

stop is just above 1.3940 for now. But I'm nimble.

EurAnalysis

Greek Protesters Block Troika Access to Ministries, In.gr Says .

14 Year Old Forex Trader's Lessons

Greek Protesters Block Troika Access to Ministries, In.gr Says .

EurAnalysis

Update: From what I can tell at this point, the move up in the Asian equity markets is nothing more than short coverings before today's German vote. A win is already priced in to the markets but a win in the German vote does nothing to solve any ...

14 Year Old Forex Trader's Lessons

Update: From what I can tell at this point, the move up in the Asian equity markets is nothing more than short coverings before today's German vote. A win is already priced in to the markets but a win in the German vote does nothing to solve any ...

EurAnalysis

The volume I have is from the broker. No special indicator however it is a good representation. I have 3 different brokers and the volumes seem to match quite closely. Which trend line are you referring to?

EurAnalysis

There's a real bear/bull fight going on at this level. Who will win? I have placed a sell stop at 1.3604

14 Year Old Forex Trader's Lessons

There's a real bear/bull fight going on at this level. Who will win? I have placed a sell stop at 1.3604

EurAnalysis

Good morning everyone and welcome to the new posters. Sorry I don't have time to say much as I am in analysis mode right now. Price has moved back up as I anticipated yesterday. Today will be an interesting day so I want to make sure I end up on the ...

14 Year Old Forex Trader's Lessons