with how things are turning out I humbly say with all due honesty "I HAVE NO IDEA AT ALL" that EUR is one heck of roller coster but I might give it a week or two before going back to the EURUSD
I'm long from 2892 have a limit in to buy some more at 2815 had to go all the way out to the daily chart for this one to make sense That eur is hard to read in here the way it held up after cypress gives me a bullish bias but eventually, just like everything else it must go down but in forex, down is just a relative term I think the other guy had it right, they need crisis after crisis to keep it below 1.4 I'm betting on a range of 1.24 to 1.31 if you like action, you haven't been disappointed in real life I trade 80 to 120 pip increments, but over in my paper account I run the same strategy with 10 pip intervals. Monday thru Wed it didn't matter if you were long or short, there was money to be made. but like the man said, "You gotta be in to win."
no kidding, everybody should watch the one day 15 minute, and wait for one of those big candles, especially at odd hours and ask yourself if you really want to trade forex and that is just another reason why I never use stops, once they start, it's hard to stop them so EUR will be on my quarantine list for a while, just don't touch it, don't add, don't subtract and that is why I always trade multiple positions, something else will have to move to compensate. It may not turn me into a winner, but it softens the blow on big moves against like that
well, if that's what you want to do, all you have to do is put in a limit buy down there somewhere. Since you definitely want to buy on a pullback, where is your limit buy order?