sorry wrong value for the EURUSD, it got high 2956.

I'm out.

Just let market have a rest.

Nina

Extreme volatility on current EUR / USD 14:30 CET bar....

That EUR /USD bar just cleaned a few accounts out !.....

There was news come out so the EURUSD so volatile

definitely staying out of that one.. US trade deficit news was released..

May 12. The trade deficit shrank unexpectedly and was the best reading seven
months. The data could prompt a significant upward revision to Q1 GDP.
Exports rose in line with expectations and recent averages but imports
shrank. The value of imported industrial supplies and materials fell by $3.3
bln (-6.6%), with widespread declines, particularly in energy products. Crude
oil imports fell by 8.7%, natural gas imports fell by 29.5%, liquefied petroleum
imports were down 19.7% and imports of other petroleum products dipped by 4.7%.
Weaker imports of autos, parts and engines also contributed to the sharp drop in
import volume. Imports of non-auto capital goods actually rose by 4.5%. More.

trade balance, NFP and GDP are the most volatile newsmaker for forex.

another smaller one came afterwards at 15:45cet - Uni Michigan consumer sentiment

__________________
Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.

Here is an indicator I use that is similair to StepMA_Stoch with a histgram called juice.

Dave

Attached Files

	StepRSX_v1.mq4 (3.1 KB, 88 views)
	Juicenew.mq4 (3.1 KB, 90 views)

Hi all,

Can someone please tell me on what timeframe is the best to drew a trendline. I use 4hours and Daily.

Hi,

Looking at 15 min bars on the US session it looks very much different than Euro session. Up and down and up and down. Could this be a battle for the high's and low for a while. No one that I know has that answer but I suspect someone does. Time will tell. Interesting to watch.

frayed