DislikedThere is also such thing as no trend at all :-) Meaning don't trade at all or scalp 5-10 pips at a timeIgnored
Expected the unexpected
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedThere is also such thing as no trend at all :-) Meaning don't trade at all or scalp 5-10 pips at a timeIgnored
DislikedHello traders,, it seems that there are many "key factors" for price to have an up move to the 162% fib level
1) price must keep above the 38% or 50% retracement level,, and
2) I think, the amount of pips put on a single day has to be less than prob 200,,
Yesterday's price action on the USD/JPY was what I, and many, were expecting to happen to the EUR/USD pair...
USD/JPY retraced from a 300 Pips drop to the 50% fib level, it consolidated during the day and stayed above the 50% fib level,, the amount of pips on that retracement were 150 or so pips... so,, I believe,, these are some of the reasons why price was able to reach the 162% fib level..
maybe i'm just talking to myself,, or maybe there were some other factors involved in this up move on the USD/JPY pair, but this is definitely going into my trade log...
cheers,,,Ignored
DislikedThe only problem in talking to yourself is when you start to answer!
Here is an overlay of E$ & $Y below, usually, not always, the $Y moves in the opposite direction of the E$, based only on the value of the dollar. Other things will influence movement and direction independent of the dollar. Something I noticed over time, I would not use it as an indicator.Ignored
DislikedJacko ( ) calling Euro short?
We should make May, 13th International Holiday and call it "Jacko Short Day"Ignored
DislikedWhat happened to all the analysis on the thread that euro will go straight up and 1.58 and possibly make new high? I hope nobody got killed by the euro drop in the last 12 hours.Ignored
Dislikedalmost killed, but i hedge my position,, ..i hope this point become the bottom...Ignored