Probably going down to 1.1330 area or lower
ex nihilo
LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
Disliked{quote} Are you monitoring your trades every second? You should probably have a set TP in mind in case of volatility. But then again it'd be juicy if it drops and you didn't close it prematurely but taking such chances in forex is the equivalent of gambling, try to avoid it.Ignored
Disliked{quote} Thanks for the explanation. Your relative perspective makes sense. While tariffs do not help either economies, relatively, it's definitely a survival game until the other gives up.Ignored
Disliked{quote} I see this as the greatest trade and method for the next 2 years...Sell and hold a large EurUsd position. Make tons of swap interest and scalp countertrends. In my case I use M1 for quick in and outs, leaving only the short position open at close of day.Ignored
Dislikedfor the life of me I do not understand why so many want to short.... price is literally holding ABOVE a supply zone (H1)Ignored
Disliked{quote} so can I ask you a hypothetical? Lets say the EU splits North & South , maybe even East as well. So there would be a N-EURO, S-EURO and perhaps a E-EURO And lets say you are holding a EURUSD short long term. What would happen to the position? How would that be worked out?Ignored
Dislikedfor the life of me I do not understand why so many want to short.... price is literally holding ABOVE a supply zone (H1)Ignored
Dislikedfor the life of me I do not understand why so many want to short.... price is literally holding ABOVE a supply zone (H1)Ignored
Disliked{quote} It would not work out as you say. More than likely, Germany would return to the Deutsche Mark and most other countries would continue with a much devalued Euro. In reality, Germany should never have been part of the Euro. The difference between the German economy and the rest is simply too great.Ignored
Dislikedfor the life of me I do not understand why so many want to short.... price is literally holding ABOVE a supply zone (H1)Ignored
Disliked{quote} In days like today, you get a feeling there are a ton of stop losses for the longs, and you are probably correct, most are long, but if I am to bet, for not that long. If we get a rate hike, which is not in the forecasts, this pair will dive. Otherwise, business as usual is most likely the case. Therefore, the probability of hopping to the long term downtrend in these levels have some of us holding onto the shorts throughout the day.Ignored
Disliked{quote} well ok but in the mean time: H4 has made a HL and a HH.... I will just hold on to this long for a whileIgnored
Disliked{quote} agreed..Greece does terrible when Germany does well.... Ive spoke to Dutch that think Netherlands would just adopt the DMARK if GErmany returned to it.... But my question is more: what is the worth of the position (EUR_USD) if the EURO would go through such a transformation and not really be the EURO anymore? just thinking out loud lolIgnored
Disliked{quote} The markets are already adjusting the value of the Euro for the prospect of the UK leaving the EU. It would gradually do the same as the prospect of Germany and maybe Holland leaving would become more realistic. How much would it devalue? Some estimates say up to 30%. I think it would be in line with the Aussie $ or a little above it. Maybe .080 to .0.90 USD.Ignored
Disliked{quote} In days like today, you get a feeling there are a ton of stop losses for the longs, and you are probably correct, most are long, but if I am to bet, for not that long. If we get a rate hike, which is not in the forecasts, this pair will dive. Otherwise, business as usual is most likely the case. Therefore, the probability of hopping to the long term downtrend in these levels have some of us holding onto the shorts throughout the day.Ignored
Disliked{quote} There's still a possibility of no rate hike... Read below: "President Trump’s latest tweet highlights another aspect of this policy decision. Trump again implored the Fed to stop raising rates, tweeting “It is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, Paris is burning and China way down, the Fed is even considering yet another interest rate hike.”...Ignored