Eurusd/gbpusd - page 1317
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A delicate moment for the Pound. If EurGbp exceeds the resistance, it might come back on the top of 2009.
olso week no. 5344 was signal sell------(yesterday).......
stop out 5194 tp 150p
olso week no. 3263 was signal sell-------
stop out 3240 tp 23p
later week no. 3244, 3248, 3263 was signal buy---3300 tp1 56p, tp2 52p, tp3 37p, later week no. 3304(+-6-9p)enter sell---3295..... 
week no. on post 13163,page 1317
stop out 3240 tp 23p
stop out 3250 tp 45p
And now the statement
It seems that we are going to see a whipsaw. Anyway, I am not trading. Good luck to those that have open orders on EURUSD
I am a day trader 5 min but i think it will go down to 1.2907
I am a day trader 5 min but i think it will go down to 1.2907
I don't think so. QE tapering will just make EURO stronger. Also, we already had that whipsaw - a classical one when everybody is waiting for some big news. Now we can expect that it will hover around the day open price till the FOMC statement
stop out 3250 tp 45p
later week no. 3244, 3248 was signal buy-----3280 tp1 36p, tp2 32p
It is still not over, but the whipsaw was sooooooo predictable
Overheated market on nothing. Let see what else will they try from this "no news" news
It is still not over, but the whipsaw was sooooooo predictable Overheated market on nothing. Let see what else will they try from this "no news" news
This is why news trading is out now. It is brokers directed and this was a typical stop loss hunting whipsaw. I made it a rule not to trade FOMC for at least 2-3 hours after the statement