snowly

Line that matters on Eur/Usd

FX:EURUSD   Euro Fx/U.S. Dollar
104 3 0
Title is pretty self explanatory... Buy/sell retests(whichever side it's on), leave some room, don't leverage over 2-3, don't use stops, manage the trade, dunno... common sense stuff.

normal fib extensions should be decent profit targets. Watch the minor trendlines that form. For the time being, we're heading nowhere fast, so...
how could I possibly know? It's a useful reference, and nothing more.

talking about today(friday) - if it's taken back convincingly, buy on the retest. If not, sell on a spike... Maybe the german gdp will provide some vol. - though it's the final revision and noone actually cares - or maybe someone is downgraded since it's friday, or whatever; the calendar is pretty empty till tuesday, so...

right now it's under the tl, so I guess short, leave 30 pips up, if it breaks up, zoom on M15, cover/buy on retest(but than it's asia, I don't trade asia, I sleep it), rinse and repeat. If H1 100MA is taken back convincingly, guess they'll take back the tl too, but I have no clue.

There isn't much happening right now, so all you can do is actually watch the screen and trade accordingly(while actively staring at it).

I'm mostly short last month, but at how it is right now, can as well flip a coin. Pick a side, stick with it, don't overleverage, don't be greedy. Range trading at it's finest.
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snowly snowly
now was a good moment for instance; sell at .66 - .68, try to close if it'd go over .80 on a pullback, tp 15 pips lower, leave some running, hoping the minor H1 tl would hold(well, it held for now) and adding to your main position. Assuming they'd try to pull the weak stops before Tokio open.
They couldn't even do that, so maybe it'll go lower some more, but than it's time to sleep, so I'm squared 'xcept main position.

1st common sense target if short I'd say it's ~.325 - .327 or so?

I'm not long, but if I'd be I'd stay til .341 - .3415 at the least. If very convinced on my long, ~.348.
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Please explain what you mean?? buy or sell?
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