Consolidation til the news. About 80 pips range. Most likely will not see the break til the news.

EURUSD only

I feel your pain, mate. I'm there with ya...

EURUSD only

Thank you. Best wishes. /r

EURUSD only

Big news event next week. I wouldnt do anything until then. /r

EURUSD only

1650 is the holding line for bulls for me. Price at the top side of the lower structure. 4hr upside momentum finished. Daily still pointing up. /r

EURUSD only

Dude, Looks like it's going through another consolidation right at the top. so the chances are we will likely to have another leg up. just cut the loss and move on. /r

EURUSD only

Booked about 300 pips total so far with 2 trades closed for the up move. That makes up for 3 losses earlier: one trying to catch the bottom, 2 adding more to the upside, total loss -50 pips. Leaving the one at the very bottom to ride the wave. The ...

EURUSD only

On a side note, I too totally agree and support Teek's short outlook on Euro. My long bias is based on 4hr and daily only (not looking for reversal), which would be considered some type of correction in weekly and monthly view. When the opportunity ...

EURUSD only

Lol. Totally agree.

EURUSD only

4hr still increasing momentum to upside. Just a thought. /r

EURUSD only

I want this thing to go up as well, but if we do take out the top side now then it's not a good sign for bulls. /r

EURUSD only

we are still in the consolidation zone. I am not so sure about keep going up without any important news event. /r

EURUSD only

This isnt a massive buy.

EURUSD only

no.

EURUSD only

Here you go, mate. attached macd with 2 lines with a histogram. just like the picture. enjoy.

Cesarnc's market talk, gossips, rumours & fun

Absolutely not the way to trade the news... No offence, but the best thing to do is stay out if you dont know this. Its a bit more complecated that that. /r

EURUSD only

yes, something like that in simpler term. nothing moves in straight line, mate. in trend, macd tells momentum behind the trend. daily was at the exhaustion point couple of weeks ago. smaller tf (4hr and down) kept telling opposite direction from ...

Cesarnc's market talk, gossips, rumours & fun

Daily and 4hr up hence the weekly need a pause or reverse. I doubt the reversal though. But daily and 4hr should have more juice to the upside for the time being.

Cesarnc's market talk, gossips, rumours & fun

Yes mate, Let me get you a better macd over the weekend. Just bought another computer. Little busy setting this baby up.

Cesarnc's market talk, gossips, rumours & fun

Mate, 4hr is in line with daily momentum to north. While weekly is pointing down, as long as 4hr and daily stays north then it usually does a meaningful bounce before weekly takes over again. Look closely higher tf on macd. Take profit as it moves ...

Cesarnc's market talk, gossips, rumours & fun