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9:02 AM EST Price at 1.1890 Depending on how things work if we return to the 1.1882 area...I would not hesitate to enter long here or add for a run up to 1.1910.

This is looking like a nice (short term)bottom to me. It is the continuation bottom from the pre-Ben testimony. Spot is in a nice spot to move up. Keep sharp here cause sellers will be lurking big time. We will hae to get thru this 1.1902 ish area for it to be real. I would suggest taking...

8:30 AM Price at 1.1872 Okay, that worked. I am now long at 1.1872. Again, not for the weak of heart here. If we do move up, I am thinking the 1.1907 area will be a good near term target, but there is a possibility of a nice move up in my opinion. The 1.1985 area could come into focus but...

These are very kind words. Thank you. The short answer here is ...I am just like most of you. Self-taught and learning. I will try to elaborate on this when I get some non-trading downtime. DRT

7:15 AM Here's my first trade today.... Price is now at 1.1884. I want to get short at 1.1885 and will see if we can get a move down to the 1.872 area again. At this point, I am going to reverse and go long. I will use a tight stop on the short trade down. DRT

In looking things over so far this morning...I am inclined to get long just not sure where yet. In my opinion, there is still a good long trade here until I get confirmation that we are headed further south. If you think about, what has really changed. Nothing in my opinion. Old Benny did not...

Good morning everyone. I was traveling yesterday so was not able to stop by here. Well....this one worked out to the tee. In hindsight, I am glad I got out of the at 1.1969 as price only went a couple ticks past and then south and has not looked back. It was not an easy way to get there, but...

Price has stalled and if 1.1908 is breeched severly. I may take profit and re-enter. Damn JPY.

No. Volume is only a general consideration. Problem with volume is you never know when things are going to happen as result of what you see. I will buy (or sell) into key S&R levels. What happened here was that spot hit a key level on the news this morning. You have to have faith in your...

11:48 AM Sorry for all the posts. But this is occrring now. Look for an entry around 1.1914-17 if you are inclined to be long.

Just an FYI- I am going to take my entire position off at 1.1969 area. Actually, I will watch for the spot price to go into the 1.1945 area. I think price will retreat here. I will re-enter long on pullbacks to the 1.1969 area though. I will update my progress. Clear as mud. DRT

11:23 AM Price is now at 1.1916. My guess is that it will surge to 1.1929 and back off to 1.1917 or 1.1907. This is another entry for a targets of: 1.1969 1.1997 1.2020 Good luck from here and be careful for lurking sellers:D

10:58 Price just returned to 1.1890. DO it now if you are inclined.

10:35 AM EST Price is at 1.1901. Another good entry for this trade will be at 1.1890 if price moves back down and holds. It may not move down again though. This entry is not for the weak of heart.

If you are inclined to be long, at good set up would be for price to pass thru the 1.1907 level. This is key. You could get long immediately with a tight stop, or you could wait for price to push thru this area strongly and then buy a pullback to the 1.1917 ish area or below. It will be a...

Thanks for the volume info everyone. Not sure what happened, but it did not appear until yesterday on my TradeStation platform. Go figure. I am long based on what I see for now. Still more downside, but long for now.

Sorry no time for a write up. I just got long at 1.885 Target 1 = 1.1969 Target 2 = 1.2020 (Think this has a chance also) Good Trading everyone. DRT I was short into this down move.

Can somebody check their platform to see what volume level you have for the ECH06 contract on Friday. My chart jut updated with a big correction and I was wondering if it is accurate. Very important.

Good Trading Everybody DRT

I just flattened out at 1.1917 until things clear up a little.