I'm thinking of starting my short entry scale around 1.32 with final entry also around 1.3330 if it reaches, providing conditions warrant further entries (I also have a long entry plan around 29). It's all up to Ben (and the patterns he or other factors create). I won't take the shorts if Ben further retraces his taper comments, nor will I take them if they hit today. I had thought about taking a short term scalp when 32 was tested after Ben's backpedal, and I could have made 200 pips on the pullback, but the move up was so intense, I chickened out. Isn't it funny how all the great trades are the ones we don't take?
I think EUR/USD is a great short anywhere around here in the long term. It's just dependent on your time line and how much pain you want to take.
I pretty much agree, with all the shit going on in Europe all the time. I mostly trade daily, weekly frame now with entries based on 4 and 8 hours. I will eventually open a second account for 1, 4, and 8 hour trades when I have a little more free time. I've only been long the Eur a few times last year or so, but did miss some good plays because I mostly wait around for the short opportunities. More likely to trade both directions when I open the other account.
Ricter gets it wrong again. To add insult to injury, the only vote was made by sorry ass Ricter. Famous last words, "Everyone knows you're a crank", LMAO.