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but yes, what I heard was most likely wrong

ok, you got me laughing there ... you don't buy 1 yard at market like that without it not showing somehow on the charts my broker in the best case only let's me buy 100 lots at best :( lol

I though we were going to see a pinbar and anticipated this a few minutes before the hour ... not such a bright idea it turned out to be but no loss

got hit and sold it for 1 pip profit

putting in a buy stop at 1.20424

looking back I probably should have shorted that evening star on hourly: all my other timeframes were overbought ... well too bad, I had to leave (and tomorrow again I will have to miss the entire NY session).

well, I am back ... my guess would be that the bigger the timeframe the bigger the players that are active on that timeframe ... at least that was what I had been told by another trader ... kinda makes sense to me

seems I didn't miss too much at the dentist and all too right you are, I woulda haven been cursing big time if I had missed that profit opportunity ... looking for a new long idd but waiting for the right setup to come along ... the best of the day could be over ... unless something happens...

Yes, I really appreciate your help in making me think things through. I am most gratefull for that. You really are making me clarify points and how I see trading. However there are many ways to skin this cat. The repricing risk is especially great around ECB intrest rate changes and the speech...

One thing that hasn't been mentioned here is the fact that Trump might actually like a weak dollar since that's good for export + prices of foreign goods will be more expensive ... all in the spirit of 'making America great again' ...

the 1H inside bar point has become moot here but it could still produce a key-engulfer with the trend here on the hourly.

Well what can I say about euro you most likely mean since we previously had a good explanation about USD weakness. Why would I think euro might be strong in the near future: the economy is improving here and Europe will probably stop their QE. If the economy grows stronger inflationary worries...

a nice example of gutfeel was the fact that I 'knew' gold was really bullish because of the force which which it had turned from the recent low ... only later I saw it was a daily key-reversal with weekly oversold with stochastics forming a hidden divergence on the weekly ... I see gold going to...

after years of staring at charts you develop some kinda gut feel for charts ... but HOWEVER it's really really important that you can back that 'feel' up with something 'objective' or that 'feel' might turn on you really hard ... I gues my feeling was backed up by my explanation ... we 'could'...

if my buy stop doesn't get hit within the next hour I might look for something else to go long again.

I am going to try something here: buy stop @ 1.20707 targeting 12 pips profit, can't say exactly why but it just feels right ... it's the level of the downbar of the evening star is the best I can come up with ... some bears will probably have put their stop there so that might lite things a bit...

there are often many things to take into account fundamentally speaking and that can lead to information/interpretation overload where in the end you don't know your head from your feet anymore ... the inside bar didn't materlialise here, forming an evening star instead but without the...

actually I don't think it's critical to find out WHY the EUR/USD is moving or what is behind that move ... I trust my technical reading much more ... but I do have a broad sense of what is happening fundamentally speaking in the markets ... that should suffice, the charts will be telling the...

1.2083 is the target of the 3H ABCD projection, if hourly forms an inside bar here, I might still buy the breakout for that since I got some time left for my dentist ...

extra lesson of the day: trust your charts more than you trust your gutfeel ... in fact I would quite 'gutted' for not having sold this by now ...