A good shot and then ..consolidation

A nice first shot and then unnecessary trading while price consolidates new levels..

Anticipating, expecting, guessing

I came back one hour later. In the meantime price had retraced sharply to the 20 MA on the 15M chart, then resumed the down move. I entered late, close to previous low, a capital mistake, as i was sure of the strong bias, therefore a new leg down was almost due. I got an absolutely natural rebound in the face after my entry, I didn't close at -4 and price immediately approached the maximum loss i could support : 15 pips. The moment I was deciding to exit, euro made a red hook bar, started to go south again. Game saved with 14,5 pips gain!! I was very lucky this time. After 5 years in this market (enough time to get a PhD on other sciences..), I still commit newbie mistakes..

Morning

No time for a morning session recently but today I had a quick look at the 15M chart and entered without much thinking. A relatively easy session and pips, as the bias was strong. Just before the London opening. What happens after this is another story. Usually a move on the opposite side.

Around five

The usual volatility around 5:00 pm my time (10:00am EST winter time) or how to have a 10 minutes session.

Ma France

Jean Ferrat, the big French singer and poet, died yesterday. All the richness, the melody, the tenderness and emotion of the french language and spirit are in his magnificent songs. Pour tous ceux qui aiment la France plus que leur propre pays, pour mes parents qui aimaient ses chansons et qui prennent petit a petit, eux aussi a leur tour, la route la plus longue...Merci Jean pour la beaute relevee.. Link