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  • #1,121,781
  • Jul 6, 2017 11:59am Jul 6, 2017 11:59am
Quoting hilmy83
{quote} if you gonna make that kind of post, stop being cryptic and fucking tell us...
He's talking about singa's broker, but I doubt it's a promo of the broker.
  • #1,121,782
  • Jul 6, 2017 12:09pm Jul 6, 2017 12:09pm
Quoting builder
If I am in short from 1.1394, do I cut this position now?
I dont understand again, how does this shitty euro goes up without retrace.
What do you mean??
Retrace happened to about 61% and up again.
Not ideal retrace but obvious. I wish i had more trading time/focus

https://www.forexfactory.com/attachm...2&d=1499035572

That's in my journal ( everyone who reads this to send 5% of their profits
Beware of robber banks (RB), bad advisors.
  • #1,121,783
  • Jul 6, 2017 12:15pm Jul 6, 2017 12:15pm
Amazing manipulation. How can Eurusd continue to slowly edge upward in one breath of some 100 pips without any retrace, not even a small retrace ? robber banks at play
I have filled my account with over 10 short positions so far
Enter Signature
  • #1,121,784
  • Jul 6, 2017 12:21pm Jul 6, 2017 12:21pm
Quoting fasttrade1
{quote} if it unable to cross 1.14138 we may see fall till 1.13800but for final will see again up move from there for 1.14240 its good to wait for short at that level
now modify sl to high +ur spread for me im keeping sl1.14245
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #1,121,785
  • Jul 6, 2017 12:24pm Jul 6, 2017 12:24pm
Quoting builder
If I am in short from 1.1394, do I cut this position now? I dont understand again, how does this shitty euro goes up without retrace.
It had a retrace look at your chart. Long term bullish. Last up move was flag pole. Last few days we had flag. Today continuation of long term bull trend. It will probably come down again after next push up. Depends if you have the funds to sit it out.
  • #1,121,786
  • Jul 6, 2017 12:25pm Jul 6, 2017 12:25pm
Quoting bbk1
Amazing manipulation. How can Eurusd continue to slowly edge upward in one breath of some 100 pips without any retrace, not even a small retrace ? robber banks at play I have filled my account with over 10 short positions so far
Would you say the same if it moved downward 100 pips without any retrace, not even a small retrace, while you had your shorts on?

Should have taken your shorts out - or not open new ones - watching this move evolve for over 12 hours.
  • #1,121,787
  • Jul 6, 2017 12:31pm Jul 6, 2017 12:31pm
Quoting sakisf
{quote} Would you say the same if it moved downward 100 pips without any retrace, not even a small retrace, while you had your shorts on? Should have taken your shorts out - or not open new ones - watching this move evolve for over 12 hours.
I must admit I got carried away opening short positions as the EUR kept going up. Now it's too late to do anything about it other than just sit it out
Enter Signature
  • #1,121,788
  • Jul 6, 2017 12:35pm Jul 6, 2017 12:35pm
was today the last pump?

to me its whats looks like, but im not sure
  • #1,121,789
  • Jul 6, 2017 12:35pm Jul 6, 2017 12:35pm
Quoting sakisf
{quote} Would you say the same if it moved downward 100 pips without any retrace, not even a small retrace, while you had your shorts on?

Should have taken your shorts out - or not open new ones - watching this move evolve for over 12 hours.
It's more.
Started after FED yesterday.
Guys, take it from me, wait COUPLE OF HOURS then find the direction.
Same with pound - they fake,steal and rob for 2 hours after release
Then enter!!
Beware of robber banks (RB), bad advisors.
  • #1,121,790
  • Jul 6, 2017 12:36pm Jul 6, 2017 12:36pm
bbk1 Amazing manipulation. How can Eurusd continue to slowly edge upward in one breath of some 100 pips without any retrace, not even a small retrace ? robber banks at play
I have filled my account with over 10 short positions so far

Do you guess and hope it is going to move down so you short or do you wait for confirmation?. Shorting is dangerous in a long term bullish trend. Short scalping when there a pull back is fine but stops need to be tight and take profits need to be with in daily range so that if it goes against you the damage is not too great. I have learned this the hard way. Trying to second guess the market is a huge mistake. Lesson I learned is:Trade what you see, not what you think should happen.
  • #1,121,791
  • Jul 6, 2017 12:42pm Jul 6, 2017 12:42pm
Quoting Genimi
was today the last pump? to me its whats looks like, but im not sure
to me from today seems like it got a lot more to go. maybe 1.15 nfp might take it there
  • #1,121,792
  • Jul 6, 2017 12:44pm Jul 6, 2017 12:44pm
I sure hope nfp/wages makes the market more structured. If it behaves like this for an extended period of time retail FX will die.
  • #1,121,793
  • Jul 6, 2017 12:44pm Jul 6, 2017 12:44pm
Quoting caledonia
bbk1 Amazing manipulation. How can Eurusd continue to slowly edge upward in one breath of some 100 pips without any retrace, not even a small retrace ? robber banks at play I have filled my account with over 10 short positions so far Do you guess and hope it is going to move down so you short or do you wait for confirmation?. Shorting is dangerous in a long term bullish trend. Short scalping when there a pull back is fine but stops need to be tight and take profits need to be with in daily range so that if it goes against you the damage is...
You may have correctly guessed what I was thinking every time I open a short.... That's right I was hoping it ran out of steam and therefor must retrace. Yes I have learned a lesson this time... and you're absolutely correct I should have been going with the trend rather than guessing the market.
Appreciate your advise
Enter Signature
  • #1,121,794
  • Jul 6, 2017 12:47pm Jul 6, 2017 12:47pm
Quoting Takisd
I sure hope nfp/wages makes the market more structured. If it behaves like this for an extended period of time retail FX will die.
so what
you probably not making a dime on fx anyway
  • #1,121,795
  • Jul 6, 2017 12:48pm Jul 6, 2017 12:48pm
Quoting Genimi
was today the last pump? to me its whats looks like, but im not sure
Looks like we have 4 day max before the SHORT move starts to come into play... at least by my metrics. Most cycles for me seem to be about 1/2 to 3/4 of a trading month. Of note though is that short always seems like a less clean signal for me - IE I see it often go 10%-15% against me sometimes before following through... although that seems to be my stuff in general for the most part.

I actually took a big profit (100% ) on my LONGS from 6/26 and now I'm sitting and waiting for the next LONG TERM SHORT signal. I decided I really don't want to wait on that news (Non Farm/Unemployment) tomorrow... I'll probably be salty that I left, but hey.. I just started with real money/making real money with this so I can't/shouldn't be salty with a 100% profit. hehe.
  • #1,121,796
  • Jul 6, 2017 12:49pm Jul 6, 2017 12:49pm
Quoting alayinizAMK
{quote} so what you probably not making a dime on fx anyway
Cute reply, do you feel better now?
  • #1,121,797
  • Jul 6, 2017 12:50pm Jul 6, 2017 12:50pm
Quoting alayinizAMK
{quote} so what you probably not making a dime on fx anyway
bad day?

as long as you're not broke, there's always tomorrow!
  • #1,121,798
  • Jul 6, 2017 12:55pm Jul 6, 2017 12:55pm
Quoting hilmy83
{quote} bad day? as long as you're not broke, there's always tomorrow!
So what you saying "If not Broke today, Will be Broke Tomorrow"
A good trader follows his rules, but great trader knows when to break them
  • #1,121,799
  • Edited 1:17pm Jul 6, 2017 12:56pm | Edited 1:17pm
Quoting NotAtrader
{quote} Anyways too strong EUR is not good in the long run either. However it gives temporarily advantage to Spain, Italy, Portugal and maybe France during the summer holidays. Those countries will collect a lot foreign valuta during the summer. After that the EUR will fall like a stone, so they can buy it back at much lower rate. I still expect 1.09xx at the end of the summer. Cheers
It doesnt make any sense what you are saying bro, the costs associated to generate the services -tourism - you mention are also in EUR. It is not like they pay USD for the costs of service industry they have and generate their income in EUR. The impact of tourism industry over a major currency is not that significant anyway.
If anything strong currency is bad for the tourism. Say you are a Russian citizen who would like to travel to a destination in Europe. If EUR appreciates against all major currencies, the number of tourists will decline significantly as well as their spendable amount in their pockets will force them to spend less.

Anyway, I am short as you well know but as things stand, the setup changed totally. If daily closes above 1.1394, I am out.
  • #1,121,800
  • Jul 6, 2017 12:57pm Jul 6, 2017 12:57pm
Quoting ill_be_back
{quote} So what you saying "If not Broke today, Will be Broke Tomorrow"
if not broke today, probably be broke tomorrow is more accurate..
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