Search results

Look to be positioning for test of the daily high and then possibly on to 1.5810 from there.

I'm getting deja vu...hasn't PA been the same for three days running, down to the same moves happening at the same time of day? Fine with me though!

Exited for PIB :)

Long at 5722

Out at B/E

Short from 5744

Good luck with your goals. I look forward to the day as well when trading will make up my main income. It's been a long time coming with lots of twists in the road, but a great motivation.

cvds, I've noticed you play the early mornings before London open. It must be difficult as these are often quiet times of consolidation and tentative probing before the optimal time for swings. Have you adapted your approach to make the most of these conditions? I myself tried to play the Tokyo...

Agree with you guys. Looks like we will test 1.5718 and then look for the possible long. I think we might see a rise past yesterday's high and then a big move down, before or after Trichet speaks. But of course these are not trading calls, just possibilities to watch for.

Banjo, what I get from that article is that despite the ECB's worries about the high Euro, there is still another shoe to drop for the dollar. The market doesn't believe that Bernanke will raise rates, so it's dollar past 1.6 sooner rather than later. Of course, others might see it...

The technical picture still looks up to me, however as you mentioned there are lots of rumblings coming from Europe and the ECB. I guess we might be in for uncertain times...volatility is our friend, though, right?

Actually, from the 4HR I wonder if there might be another wave up to the vicinity of 1.5760 before the big 4HR swing kicks in. Are the fibs telling you anything on that, baron? :D

Have you put in your 300 pip short on EURUSD, kalzayani? At the moment it has bounced nicely off 1.5725 :)

We bounced off daily pivot, time for long

Stopped out as I called it too soon. Still think the long might be on from 5625.

Long from 5641

We will see! 1.5720 is definitely a significant level.

Morning all. Seems there is still upside pressure on the 4HR. On PPs we have been holding half way between PP and R1 so I'm keeping an eye out for possible correction before entering a long. Any other thoughts on possible game plan for today's European session?

Morning all. Game plan seems to be up today from the 4HR and 1HR, potentially nice long is on.

1.5472 looking like the bottom for the moment. Long from here could go quite a distance.