man...for the EUR/USD, GBP/USD, USD/CHF and AUD/USD we are at serious inflection points...gonna go one way or the other...man...lot of research to do!!!...get the daily charts out for a number of months...wow
GBP/JPY level to watch on the downside 161.09 to 160.93 very nice range trade. has already done it 3-4 times today. If 161.09 holds & 161.69 holds, should go to 162.07...
Not all the time. If it is a high probability trade, then yes. Otherwise, I cannot risk the draw-down.
Well not totally wrong and not totally right, that's why I said to you it's best to just rely on your own analysis. If you don't have confidence in your own ability then you're going to have problems executing trades, and letting them play out. 24 pips in 5 minutes this morning, ya gotta luv this market!
short 1 EUR/USD at 1.4382 stop: 1.4425 target: 1.4350 entered at: 8:34am CST EUR/USD is looking to 'sink to' level of earlier in the day huge half hour bar up.