image I started buying in 1.1070 area and ended in 1.1030 area. The bulk of orders filled at 1.1040. If trade turns against my position, I will take loss under 1.0950. I am longer term trader and look for seasonality to be my guide in addition to ...

EURUSD only

image I was expecting more sideways until rate cut. I guess the movers wanted to get in front of retail. I got large orders filled at 1.1040 and another small set at 1.1030. I would not be surprised to see in dip under 1.1000 but I have full ...

EURUSD only

image Took a small long position at 1.1076. Still have large orders at 1.1040 area but I suspect they will not get there until after rate cut and only on 25 bps. 50 bps cut should be bullish. More than 50 bps, very bullish. T/P and reverse in ...

EURUSD only

image I had a feeling that big rate cut (50+bps) was priced in. A look at retail traders showed that shorts had lightened up. I guess movers had the all clear to push it down so that they could take out weak longs like me and prepare for next move ...

EURUSD only

Hi DonPato, Thanks for the kind words. I recently got back into posting here. I may just continue to lurk. It is a good source for entertainment and a few laughs. Feel free to send private message about trading. I usually get back each Saturday or ...

How long have you traded for?

Thanks for the info. I was looking at watching Weekly charts for EURUSD. Stepped down to the 1 hour and took 1 long at 1.1170. This market is doing exactly what a bull market should. Targeting the 1.1280 area for T/P. Stop is below 1.1100 Happy ...

EURUSD only

I have no idea what you just said?

How long have you traded for?

Started in 1982, buy and hold bonds. A little stock trading in late 1990's. Active trader in Commodities since 2002

How long have you traded for?

A look at the DAILY and weekly both have big bull candles and almost flat top. Very strong. image The 1.1208 area very strong résistance so I expect a lot of fireworks this week as a test of momentum. Still looks good to the upside but I already ...

EURUSD only

Bumping up against 1.1200. The 1.1200 area should be a short term top (emphasis short term) as the expected rate cuts in US weaken the USD. The current 1hr chart appears to be topping. Stay tuned. Happy Trades to you! image

EURUSD only

As a caution from a previous post, retail traders are still shorting this move up, so this pair can blow the 1.1100 top and easily hit 1.1200 this week. We got Jackson Hole and any hint that rate cut is more than 25bp could be a trigger to the ...

EURUSD only

I was taken out at 1.1100 for full stop t/p. Nice gain in choppy August trading. image Back in the office now to close up shop for the week. I have reloaded buy more orders in the 1.1040 area hoping for a pull back and then ring the register back ...

EURUSD only

Buy the dips

EURUSD only

On the beach so no chart today. Taking some profit here before London close. I have small positions looking for 1.1100 area as final t/p but will add back on dips below 1.1000 in future. I will stay on the buy side until just before rate cuts by Fed ...

EURUSD only

image 1.0980 area needs to be worn down a little before breaking through to 1.1000 area. I see there is an imbalance of the sell side, retail traders shorting into this. Expect the normal bear trap. The movers will be painting the tape down before ...

EURUSD only

image Still absorbing the orders in the 1.0900 area. The Fed has made it clear that no more rate hikes for now. That is a big driver for USD strength as rate cuts more likely so bullish bias is my favored direction. Now is time to keep your trades ...

EURUSD only

image I drew this line some time after market started rate cut talk. Looks like 1.0906 area is a pivot area

EURUSD only

Buy the rumor, sell the news. Works well with this pair.

EURUSD only