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EURUSD

  • #1,120,341
  • Jun 28, 2017 12:25pm Jun 28, 2017 12:25pm
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  • #1,120,342
  • Jun 28, 2017 12:31pm Jun 28, 2017 12:31pm
Quoting PatienceFx
{image}
done with eu for this week
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  • #1,120,343
  • Jun 28, 2017 12:33pm Jun 28, 2017 12:33pm
Time for low volume move down now....

ok what about current trend... well Euro reaching the critical range top just about right time as planned by big guns.

What the fcuk that mean?

hmm.. ok NFP ahead, it should linger around +-50pips for next few days.
  • #1,120,344
  • Jun 28, 2017 12:35pm Jun 28, 2017 12:35pm
Quoting swing 123
hmm.. ok NFP ahead, it should linger around +-50pips for next few days.
Yeah then should decide whether further up or wake the big bear..to stay in range.
  • #1,120,345
  • Jun 28, 2017 12:37pm Jun 28, 2017 12:37pm
Finally..
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  • #1,120,346
  • Jun 28, 2017 12:43pm Jun 28, 2017 12:43pm
Around 1450 is the area to watch...GL.
  • #1,120,347
  • Jun 28, 2017 12:45pm Jun 28, 2017 12:45pm
Quoting swing 123
Finally.. {image}
Yeah finally...
Quoting edyraper
{quote} If right 1.1317 is target. {quote}
Been waiting for it since 05xx...

..
USDCAD squeeze upcoming....
  • #1,120,348
  • Jun 28, 2017 12:52pm Jun 28, 2017 12:52pm
For all those who got a margin call or lost a lot this week,fact is that trading can be discouraging especially if you keep doing what you do. I learnt a long time ago that risking less and increasing your risk to reward ratio is the best way to tame this beast, have the confidence to hold on to an entry for days or weeks, set multiple targets, and try to diversity your currency of choice because its not all the time that trading a particular currency would make sense.
From a professional point of view: most entries are being placed during the first two hours of Major trading season (Tokyo, London and US open) this way you don't over trade and believe you me price are being properly obeyed during this time you could have an entry with 10 pip SL and multiple take profits ranging from 10-200 pips, bare in mind Patience/tolerance is key.
Cheers
  • #1,120,349
  • Jun 28, 2017 12:52pm Jun 28, 2017 12:52pm
Quoting edyraper
{quote} USDCAD squeeze upcoming....
Got one from 49, TP 25 for now.
  • #1,120,350
  • Jun 28, 2017 12:54pm Jun 28, 2017 12:54pm
Quoting swing 123
Time for low volume move down now....
Confirmation system is must...otherwise keep
shorting and keep loosing.
  • #1,120,351
  • Jun 28, 2017 12:55pm Jun 28, 2017 12:55pm
Quoting Connors
... OK, techs: It is a terrible news that 1.1290 held, bulls may piss off any bears by taking it to new highs and sit there for a few hours. I closed the shorts that I had from above 1.1360s just to give me some room to keep my initial short position.
Doing the nasty thing, as could be expected after the rejection at 1.1290s.

It is never a good sign to drop 80 pips in a few minutes with EUR. Bears need step wise drop to 1.1280s and then a crash drop to 1.1190s and make a few hourly closes below it.

That being said, this is unlikely to happen until the option expiry on Friday.

There is a juicy steak at the table that can fill your belly for a few months but it wont be easy to hold onto shorts if one is overleveraged.

I am short, very short. Short and patient. I wil probably retire once this hits 1.0480 within the next few months. You will get rid of me, that itself is a good news. Innit?
  • #1,120,352
  • Jun 28, 2017 12:56pm Jun 28, 2017 12:56pm
Quoting Evan7
{quote} Got one from 49, TP 25 for now.
Seems like they will keep dumping till the end of the session, crude on the bid.
  • #1,120,353
  • Jun 28, 2017 12:57pm Jun 28, 2017 12:57pm
Quoting ohakaba
For all those who got a margin call or lost a lot this week,fact is that trading can be discouraging especially if you keep doing what you do. I learnt a long time ago that risking less and increasing your risk to reward ratio is the best way to tame this beast, have the confidence to hold on to an entry for days or weeks, set multiple targets, and try to diversity your currency of choice because its not all the time that trading a particular currency would make sense. From a professional point of view: most entries are being placed during the first...
Honest words.
  • #1,120,354
  • Jun 28, 2017 1:02pm Jun 28, 2017 1:02pm
Quoting edyraper
{quote} Seems like they will keep dumping till the end of the session, crude on the bid.
I reckon so..
  • #1,120,355
  • Jun 28, 2017 1:03pm Jun 28, 2017 1:03pm
Quoting edyraper
{quote} Yeah finally... {quote} Been waiting for it since 05xx... .. USDCAD squeeze upcoming....
Great to see you Edy, I hope you stay and bring the old crew back over here.
  • #1,120,356
  • Jun 28, 2017 1:05pm Jun 28, 2017 1:05pm
Quoting Connors
{quote} Great to see you Edy, I hope you stay and bring the old crew back over here.
Thanks,... you are the old crew now.
  • #1,120,357
  • Jun 28, 2017 1:07pm Jun 28, 2017 1:07pm
Quoting Connors
{quote} There is a juicy steak at the table that can fill your belly for a few months but it wont be easy to hold onto shorts if one is overleveraged. I am short, very short. Short and patient. I wil probably retire once this hits 1.0480 within the next few months. You will get rid of me, that itself is a good news. Innit?
I've always been a perma-bear on euro but still it catches me by surprise that anybody may be thinking it will end up around 1.05 within the next few months. Sep/Oct will exactly be the time when ECB tapering shouts get louder and louder. Cannot believe we'll be making it much lower anytime soon with euro and I'd really like to be wrong.
  • #1,120,358
  • Jun 28, 2017 1:07pm Jun 28, 2017 1:07pm
Waiting for 128.2x on EURJPY
  • #1,120,359
  • Jun 28, 2017 1:09pm Jun 28, 2017 1:09pm
Not looking good, let's see...
Attached Image

AUDJPY

Quoting Connors
{quote} Lol, last soldier standing. Missed good old days man.
Me too, I'll keep posting some, will try my best.
  • #1,120,360
  • Jun 28, 2017 1:12pm Jun 28, 2017 1:12pm
Quoting PatienceFx
glad i slept instead of trying to trade that lol {image}
I wish I would slept it too.
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