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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

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Quoting Teek
{quote} I didn't know that. This is some sick shit. I have the feeling they wont hike. I have this since sunday, just reading candles and looking at markets and weird moneyflow with minors leading vola since days. First I thought I explain it with the GBP, but this bullish momentum in the $$ that keeps repeating itself anytime when it shows chrystal clear bearish trend coninuation patterns really makes me think. I am with Han Solo here: "I have a strange feeling about this"
My neighbour's cat also says (miaous) that there will be no hike
...I mean if there will be really no hike today, it doesn't mean the cat is a genius and all the professional analysts are stupid lololololol
Member
Quoting Teek
{quote} I have the feeling they wont hike.
If that were to happen with all the positive inflation and unemployment data .. wow. All major USD trends would reverse immediately.
Quoting TudorIoan
{quote} That's how the S/R are shaping out, Raph! Nothing new And it seems that above the Monthly and the Weekly Pivots border everything become bears teritory ...more and more ATM {image}
yeah I see that, but they don't let it
you are not expected to understand this
Quoting mades
{quote} If that were to happen with all the positive inflation and unemployment data .. wow. All major USD trends would reverse immediately.
Agree, that would be a very sick move.
Proper technical analysis (with numbers and precice percentages) over 12 markets, creating 26 charts and statements, done every saturday for the upcoming week, they ALL indicate the hike.
It is all too logic what technicly AND fundamentaly should happen. > moderate hike
Anytime technicals confirm fundamentals (and the other way around) I become nervous.
It is just this strange feeling. I am watching candles.
and the positive hype around it is a bit much for my taste. That's all.
I hope I'm wrong though. Can't trust the feelings....
you are not expected to understand this
Quoting Teek
{quote} yeah I see that, but they don't let it
It's an intraday free move ...perfect for gamblers
Member
Not so sure. There are 2 options, but the end result should be the same. EU = 1.06 at the end of NY session.

1. EU up to 1.07 then down to 1.0540 then up to 1.06.

or

2. EU down to 1.0540 then up to 1.0650 then down to 1.06.
Quoting mades
{quote} If that were to happen with all the positive inflation and unemployment data .. wow. All major USD trends would reverse immediately.
Everybody knows there will be a hike. But that's not a big deal. The EUR/USD won't budge on this little crap.
Fed promised this hike many, many times and all macro economical conditions are perfect
....it would be a grave mistake not to hike in these circumstances (inflation growth) ...but, again, the hike today is nothing!!!

The whole point today is if they will keep rising the rates this year(on June, September) ...or keep this hike today for the rest of the year
Member
Quoting TudorIoan
{quote} Everybody knows there will be a hike. But that's not a big deal. The EUR/USD won't budge on this little crap. Fed promised this hike many, many times and all macro economical conditions are perfect ....it would be a grave mistake not to hike in these circumstances (inflation growth) ...but, again, the hike today is nothing!!! The whole point today is if they will keep rising the rates this year(on June, September) ...or keep this hike today for the rest of the year
Agree, that's why I think after an initial drop EU will rise up to 1.08 unless they talk about additional hikes in a believable way.
"Everybody knows there will be a hike. But that's not a big deal. The EUR/USD won't budge on this little crap.
Fed promised this hike many, many times and all macro economical conditions are perfect"

and that's exactly what makes me nervous

Please, I'd never call anyone in here stupid.
People call me stupid all the time, nobody EVER did say "yeah, you were right" and I don't expect this to happen, ever.
It's not my job to be right. My job is just do a process that leads to a result and make an educated guess based on this result, and that's all.
And I don't do this shit since yesterday.
I'd never call anyone "stupid" because he has a different opinion, because I know exactly how this feels :/

And I am not your neighbors cat Tudor, I asked because a) I like talking about what I love and b) .. the feeling
I may be a terrible trader (nervous finger, causes wild swings, I have a gambling background and I don't give a shit about money or swings)
but I do know my technical shit. As I said, I don't do this since yesterday.
I am not stupid and I don't concider anyone who's opinion differs from mine "stupid".
Teek out
you are not expected to understand this
Trade without any indicators.
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Quoting mades
{quote} Agree, that's why I think after an initial drop EU will rise up to 1.08 unless they talk about additional hikes in a believable way.
We'll see about that...

Quoting Drunken
{quote} I am new into this, but to me Dollar future will be set by the FED press conference due to take place at 18.30 GMT. Rate hike already priced in so dollar path will be decided by the clue to number of hikes for this year. I might be wrong but this is my understanding. Thank you. Stay Green
Don't you read the posts before you write smth? Already been said the same thing
Member
SO NOW IF THE RESULT OF THE USD NEWS IS POSITIVE WE WILL GO DOWN TO AROUND 1.05xxx THEN GO UP RIGHT?

BUT IF THE RESULT IS NEGATIVE THE EUR/USD WILL GO UP RIGHT?

NOW I'M CONFUSED BY THE PAST NEWS, PLEASE SOMEONE GIVE ME THE EXPLANATION.

I'LL APPRECIATE THAT! THANK YOU!
Quoting jusstin911
If this 1hr break is legit, I will simply wait for 1.06232 for a BUY trade... (To hold till FED and escape without warning) I don't have my firework suit yet
jumped into a LONG at the said price.. (Tiny lot size)
Quoting koorosh1387
Trade without any indicators. {image}
I have to agree here.

I've only been trading for a few weeks now. Deposited $20 into an Oanda account at the beginning of the month and moved from my demo account to that. I've tried multiple strategies, methods, etc to see what works. And I've found that the more indicators I use, the more my trades go against me. I'm a fan of the minimal indicators. The only ones I find useful really are volume, to see whether a move is accompanied by volume. A 9 period MA, and 200 period MA, to get an idea of the trend. And then I use trend lines to get an idea of where price may go. I don't assign much value to the trend lines I draw though. I've found that even using support/resistance levels is pretty useless for me. I trade 1 hour charts. Simply following the trend and using the trend lines I draw to get an idea of a good place to enter a trade seems to be the most effective method so far.
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Quoting kittikann.s
SO NOW IF THE RESULT OF THE USD NEWS IS POSITIVE WE WILL GO DOWN TO AROUND 1.05xxx THEN GO UP RIGHT? BUT IF THE RESULT IS NEGATIVE THE EUR/USD WILL GO UP RIGHT? NOW I'M CONFUSED BY THE PAST NEWS, PLEASE SOMEONE GIVE ME THE EXPLANATION. I'LL APPRECIATE THAT! THANK YOU!
If the USD news is positive, the price will go up/down in an unpredictable manner. If it's negative, the price will go down/up in an unpredictable manner.
Quoting tstivers
{quote} I have to agree here. I've only been trading for a few weeks now. Deposited $20 into an Oanda account at the beginning of the month and moved from my demo account to that. I've tried multiple strategies, methods, etc to see what works. And I've found that the more indicators I use, the more my trades go against me. I'm a fan of the minimal indicators. The only ones I find useful really are volume, to see whether a move is accompanied by volume. A 9 period MA, and 200 period MA, to get an idea of the trend. And then I use trend lines to get...
You are definatly on the right track.
Now get into candlesticks, and you will make a hell of a trader.
Good luck
you are not expected to understand this
Quoting Teek
{quote} You are definatly on the right track. Now get into candlesticks, and you will make a hell of a trader. Good luck
What do you mean by "get into candlesticks"?
The price moves up to the resistance line to 1.07138 point. But I suppose descending again to the point of 1.06151. And descent lower to the point of 1.055723.
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Quoting tstivers
{quote} If the USD news is positive, the price will go up/down in an unpredictable manner. If it's negative, the price will go down/up in an unpredictable manner.
Quoting tstivers
{quote} What do you mean by "get into candlesticks"?
I meant, learn to read the candlesticks for spotting your entry/exit signals. Your lines indicate where the market should do something, turnaround, slow down, whatever... The candlesticks show the priceaction around these lines, and they either confirm what you think should happen, or they don't.
Certain candles give very good and precise entry/exit signals around your lines.
That's what I meant.

(sorry english is not my native language)
you are not expected to understand this
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