EU - From US session 24th - into Friday 25th - Intraday moves and Updates

I had not planned to do a EU blog today - as been concentrating more on other pairs - which have been moving more.

From 1.00pm UK time a nice up move started - caught on the tick chart - and since the move is over 20 + pips was worth covering - as this may be a start of more movements - even both ways !!

I will update further after the half hour change - but please feel free to contribute with regards to intraday trades etc for the US session

Good Luck

Regards

Peter

6 members like this

Comment by Peter jcp on January 25, 2013 at 3:55pm: New high again now - and still trying - that was large money to turn that up 25+ pips in less than 5 mins

Comment by Sundaram on January 25, 2013 at 4:04pm: Sold @ 3470

Comment by Noel on January 25, 2013 at 4:07pm: was the move up just for the 4p.m. London fixing?

Comment by Peter jcp on January 25, 2013 at 4:08pm: I think this is a bit of a battle between players Sun - 3374 and a LH with 50 going was a definite turn - but then some other large player is trying to out trump that by taking in over 80+. We will know this half hr who wins and if we do then drop under 54 and 50 - I would be with you selling again

Comment by Sundaram on January 25, 2013 at 4:19pm: I hold that short with SL @ 3490.This "tug-o-war" is wearing me out. I will be back in 30 after a breather!

Comment by Peter jcp on January 25, 2013 at 4:20pm: That was a good point Marco - yes Friday London Close in 1 hr and someone may have wanted over 3475+ before the close. It was rigged because the flows were changing to lower and then suddenly over 2-4 mins its turned up against the immediate trend by large money - but so far not continued ?

Comment by Lisa on January 25, 2013 at 4:40pm: At a trend transition (or continuation) *they* rarely make it easy ~ right.

Mentally I’ve heard to imagine being above the battle in the valley, ...

watching & waiting for the winner to emerge.

I’ve always preferred confirmation (like a close & confirmation of a time period / signal etc.)

and am actually learning to lღve *lag*.

◞❀⊱╮Lisa╭⊰❀΄՛

Comment by Peter jcp on January 25, 2013 at 4:45pm: Talking of trends Lisa - that last half hr the nicest scalp with the trend was on AU - down - see chart - all within 30 mins

Comment by Lisa on January 25, 2013 at 4:50pm: Since open this morning SELLing the AUD/USD, I’m currently +24*pips*.

I’m better at following the trend than timing the market. இڿڰۣ-ڰۣ—♥♥♥~