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  • Euro Hovers Near Multi Year Lows Ahead Of Draghi’s Speech

    From currencylive.com

    The euro US dollar exchange rate dropped to a low of US$1.0947 on Wednesday. The pair ended the session not far above this and also not far from the multi-year low set in September of US$1.0926. The euro has been under pressure after disappointing data releases earlier in the week. German manufacturing PMI figures were worryingly weak and whilst German IFO business sentiment moderately improved, the expectations element of the index was surprisingly downbeat. Today euro investors will stay focused on the eurozone economic calendar with the release of the European Central Bank’s monthly economic bulletin. A speech ... (full story)

1=1 is the aim, maybe till end of the year!
First, there's a gap waiting at 1.0777.
1.0927 support been tested 3x by 4hr-candle...what is your opinion?
Well Selling is also risky at this level , any bad news in USD will rebound Eur
EUR will most likely break the lows. That seems to be EUR/USD modus Operandi. Selling here won't be as profitable as 1.1100-1.1050 but it should yield a little bit.

I see the 1.0777 but also think if nothing changes between US and Europe we could see prices much lower. 1.04 and down.
did u Fuckin see that , Eur/usd 30 pip up with no reason , i hate this market
Quoting Ghass1234
did u Fuckin see that , Eur/usd 30 pip up with no reason , i hate this market
No reason? Chart is the only reason it needs.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,469.4%
Quoting Ghass1234
did u Fuckin see that , Eur/usd 30 pip up with no reason , i hate this market
Yeah man. How is your %Risk looking on your trades?
Quoting OnlineAddict
{quote} No reason? Chart is the only reason it needs.
What chart man , what are u seeing exactly !!!
Quoting Ghass1234
{quote} What chart man , what are u seeing exactly !!!
I posted it today.

Quoting OnlineAddict
btw this was a fake breakout, we will go up from 0922.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,469.4%
Quoting Ghass1234
did u Fuckin see that , Eur/usd 30 pip up with no reason , i hate this market
Lots of people bought 1025 then it crashed to 0925. The price movers decide what works depending on volume on each side. A support could hold or not hold. But the 15min chart already gave a buy signal, which I didnt want to take because I want to hear Mr. Draghi finish his blabbing today. If price wants to go up there will be plenty of time to buy.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Not to mention did you see how many SL are underneath 1.0925? And that is just the traders on FF. EUR doesn't like to leave all those SLs just sit there. What an awesome price to buy at, no?
Quoting Skracor247
Not to mention did you see how many SL are underneath 1.0925? And that is just the traders on FF. EUR doesn't like to leave all those SLs just sit there. What an awesome price to buy at, no?
i just sold , this is not reasonable , Eur will go back he is so week . ure right this spike is only profit taking and SL's.

Even Gold Went up , like yesterday and then down 30$ ....i missed that one
Quoting Ghass1234
{quote} u just sold , this is not reasonable , Eur will go back he is so week . ure right this spike is only profit taking and SL's

I didn't just sell. Covered my profit yesterday from 1.1050. I wouldn't buy right here. 1.0920 and a little lower is better. Plus I would need some PA to confirm it is done falling, at least for a while. And I don't like to make claims on trades. I can't/won't prove them to anyone so it doesn't help to say what I did.

Most of my views are very long term(weeks/months).
Oop you edited your post. Sorry.
Eu like going to fly in 20min :-)
Quoting jrdFX
Eu like going to fly in 20min :-)
Why u think so ?
Quoting Ghass1234
{quote} Why u think so ?
Draghi...

Most FFers are long the EUR. They are hoping...
I hate feeling that hope... That means I am not sure what is going on.

Not projecting just self-reflection.
candle formation in my opinion, but i ain't a pro ")
Other pairs also started to move stronger vs $
Quoting jrdFX
candle formation in my opinion, but i ain't a pro ")
Sell it to max , Dragji will dragh it down
Don't forget Draghi's goal is a weaker EUR.
Quoting OnlineAddict
{quote} I posted it today. {quote}
Man please shut up and stop writing your bullshit, you dont know nothing and dont understand nothing! 1.09 level is strong not because of the chart, there is another reason, which you dont know. By you Euro is up from year ago, but is down more than 1000 pips, you lost 1000.... dollars and keep writing your bullshit!
Quoting Rakeem
{quote} Man please shut up and stop writing your bullshit, you dont know nothing and dont understand nothing! 1.09 level is strong not because of the chart, there is another reason, which you dont know. By you Euro is up from year ago, but is down more than 1000 pips, you lost 1000.... dollars and keep writing your bullshit!
ya ure right , he always post after the move and pretend he knew it
any links for his speech?
Quoting Rakeem
{quote} Man please shut up and stop writing your bullshit, you dont know nothing and dont understand nothing! 1.09 level is strong not because of the chart, there is another reason, which you dont know. By you Euro is up from year ago, but is down more than 1000 pips, you lost 1000.... dollars and keep writing your bullshit!
On what trade did I lose 1000 pips? I was one of the few people who were saying euro will drop 1000 pips minimum from 1.25...people were laughing and buying the topping.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,469.4%
Quoting giggsy
any links for his speech?
no need sell after the spike
Quoting Ghass1234
{quote} ya ure right , he always post after the move and pretend he knew it
Yes, thats why I posted 2 hours before the move. Go back to whining about the market and how it always goes against you, you are better at that.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,469.4%
Quoting giggsy
any links for his speech?
https://www.forexfactory.com/news/950811-draghi-fourth-esrb-annual-conference
Personally, from a trend traders perspective, I'm not shaken by this level. Draghi could sound hawkish but that'll fade out. Interest rates still remained unchanged. The dollar still remains the safe haven. The drop from hitting stops below Resistance will mean more profits!
Quoting OnlineAddict
{quote} Yes, thats why I posted 2 hours before the move. Go back to whining about the market and how it always goes against you, you are better at that.
yes i whine cause i cannot predict !!! i try to follow the chart and news , loose and win , Plus i dont have a big margin so i am more a daily trader
This time draghi will do the opposite cause he dont have tools between his hand any more to weak euro
Quoting Ghass1234
{quote} yes i whine cause i cannot predict !!! i try to follow the chart and news , loose and win , Plus i dont have a big margin so i am more a daily trader
What good does whining bring? Why not rather change your trading style?

p.s. I am biased here, because I hate whiners, in real life, too, people who complain about everything like little bitches, I can't stand them.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,469.4%
Quoting OnlineAddict
{quote} What good does whining bring? Why not rather change your trading style? p.s. I am biased here, because I hate whiners, in real life, too, people who complain about everything like little bitches, I can't stand them.
just to correct you , i can easily bitch on you right now , but i prefer not to do, i am in a good mood , and still having my coffee , so i advise you to use nice words . and by the way Eur went up and gold went up due to sanctions on Chinese ships exporting Iranian Oil , otherwise it wouldn't go up.
Quoting jrdFX
1.0927 support been tested 3x by 4hr-candle...what is your opinion?
I guess your question was directed at me, sorry got other business to attend to. Refer my comment under
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