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  • #1,124,461
  • Jul 21, 2017 5:33pm Jul 21, 2017 5:33pm
snprr, snprr, snprr! Where are you? Still in Australia I hope with all of the lovely ladies with great accents that emphasize their assets.....

You joined FF on March 21, 2004.

You devoted seven days to us before your creation was given to us.

The EURUSD thread was born on March 27, 2004. During your seven days of spender, you probably listened to Britney Spears' Toxic song while reading the Da Vinci Code.

With over 1,124,466 replies to your log entry, you started something greater than you probably imagined?

On the 17th day you left FF and became invisible. Your work was done. It would not be stopped.

To this day you still have subscribers. Fourteen to be precise. All joining between 2014 and this year. You have 6 that were added this year.

I think that I will honor your creation by subscribing to you, first! Imagine if we all subscribed to snprr and he logged in and saw how his family has grown?

Good luck to all!
Wick versus candlestick ratio will set you free.
  • #1,124,462
  • Jul 21, 2017 5:51pm Jul 21, 2017 5:51pm
Quoting mrhb30jr
{quote} Friday Party .... Lite fx index, Euro H4 nice sitting lady at support ..... {image} USDLFX ..... D1 ... waiting for the music play .... {image}
Updated Euro lt fx index and usd lite fx index ...

Attached Image (click to enlarge)
Click to Enlarge Name: EURLFXH4.png Size: 41 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDLFXDaily.png Size: 29 KB
  • #1,124,463
  • Jul 21, 2017 5:51pm Jul 21, 2017 5:51pm
That 1670 peak was too early to short in my view in TA terms, another leg was due....perhaps shorting the 3rd leg up/channel line/wedge/ was more appropriated (below the inside bar on the 60m).

But personally I would not carry a trade during the WE with a small profit, so I would have closed.

All the best.
trading is simple but is simple is not easy.
  • #1,124,464
  • Jul 21, 2017 5:54pm Jul 21, 2017 5:54pm
Quoting mrhb30jr
{quote} Updated Euro lt fx index and usd lite fx index ... {image} {image}
Looks to me like your euro chart is alot more bearish than the usd one...
  • #1,124,465
  • Jul 21, 2017 6:34pm Jul 21, 2017 6:34pm
Final word on Trump - Follow the money:
https://www.vox.com/2017/7/18/159839...kaya-collusion
  • #1,124,466
  • Jul 21, 2017 7:27pm Jul 21, 2017 7:27pm
Quoting mrhb30jr
{quote} Updated Euro lt fx index and usd lite fx index ... {image} {image}
Damn you were right mi amigo
Read in between the price!!!
  • #1,124,467
  • Jul 21, 2017 9:22pm Jul 21, 2017 9:22pm
@ Yesterday, I'm Not Trade. I get my Sister in Law and my nephews are visit at my House

Here the Proof of my Trade in 2 Weeks in JULY 2017. Not I give All ...

After Minus the Loss, have got the Bookmark with Advantage


Quoting Tsar
{quote} Closed my 2 Trade Because I really afraid ... {quote} {image}
Quoting Tsar
{quote} These the CORRECT Pending BUY - I Closed early because ... MEMO : I have 2rd the same Values of Size Lots btw found Defferent Pending Buy & the Result in MT4 have got 6th Values. Something Wrong or my Broker cheat me ? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Proof the Trade 2017-07-20.jpg Size: 284 KB
Always looking the GREAT, never left GOOD Point...
  • #1,124,468
  • Jul 21, 2017 10:00pm Jul 21, 2017 10:00pm
Quoting mrhb30jr
{quote} Updated Euro lt fx index and usd lite fx index ... {image} {image}
Hi 30jr

Can you tell me which broker you use for the indexes? Thanks.
trading is simple but is simple is not easy.
  • #1,124,469
  • Jul 22, 2017 1:20am Jul 22, 2017 1:20am
optimism, motivation:
http://www.businessinsider.com/t-boo...-advice-2017-7
"I thrive on that activity, and I'm going to stick to it, no matter the setback."
I can.I will. End of story.
  • #1,124,470
  • Jul 22, 2017 1:25am Jul 22, 2017 1:25am
great week for long term traders.
  • #1,124,471
  • Jul 22, 2017 2:02am Jul 22, 2017 2:02am
yummi food....

https://www.forexfactory.com/showthr...8#post10106878
I can.I will. End of story.
  • #1,124,472
  • Jul 22, 2017 2:05am Jul 22, 2017 2:05am
Quoting falcon72202
https://www.forexfactory.com/showthr...8#post10106878
cool
  • #1,124,473
  • Jul 22, 2017 3:02am Jul 22, 2017 3:02am
Hi All,

This week has proved that trading is becoming so uncalculated to the point that it seems that calendar data releases and speeches mean nothing.
For example this weeks USD/CAD CPI data was accurate with the forecast, but was still in decline from previous results. The only reason why the CAD gained strength was because retail sales came out at the same time which were positive. Sorry but retail sales should not have been a good enough reason for the CAD to strengthen as the CPI data although in line with the forecast was still in decline from the previous. Shouldn't common-sense tell us that retail sales are automatically bound to be good due to the season we're in? Currencies getting pushed could just lead to a Random sell crash at any given time.

The Euro pushing high like it did made me feel like we have college graduates at hedge funds pressing the buy button just for the sake of it. Draghi said nothing at significant at all for the euro to rise the way it did. Isn't the interest rate still at 0%? Please explain to me why an investor would want the Euro? I feel sorry for all the retail traders who got burnt. Even trying to calculate a pullback on the EURO is becoming hard!! It just keeps going up!!

I thought I'd share this as it seems the market is trigger happy.
  • #1,124,474
  • Jul 22, 2017 3:35am Jul 22, 2017 3:35am
Quoting Samson85
Hi All, This week has proved that trading is becoming so uncalculated to the point that it seems that calendar data releases and speeches mean nothing. For example this weeks USD/CAD CPI data was accurate with the forecast, but was still in decline from previous results. The only reason why the CAD gained strength was because retail sales came out at the same time which were positive. Sorry but retail sales should not have been a good enough reason for the CAD to strengthen as the CPI data although in line with the forecast was still in decline...
agree with you!!!
  • #1,124,475
  • Jul 22, 2017 3:36am Jul 22, 2017 3:36am
Quoting Samson85
Hi All, This week has proved that trading is becoming so uncalculated to the point that it seems that calendar data releases and speeches mean nothing. For example this weeks USD/CAD CPI data was accurate with the forecast, but was still in decline from previous results. The only reason why the CAD gained strength was because retail sales came out at the same time which were positive. Sorry but retail sales should not have been a good enough reason for the CAD to strengthen as the CPI data although in line with the forecast was still in decline...
The problem is that you are trying to rationalize the market to fit your standards as per the calendar news. Instead you should be following it however irrational it looks to you. Everything happens for a reason, even if that reason is yet unknown. Do not omit significant factors such as psychology and sentiment. Euro is offering something that usd does not at this moment. Stability. NZD/AUD/CAD offer more of it so they are even stronger than EUR. Once all the crap about Trump gets cleared, usd will be back on leading position, or at least EU will enter a new range area for another couple years and then everyone will start crying again how boring the range is and there should be breakouts - only this time the majority was short positioned/expecting parity-gap closing and they think that EU is overextended to the north because this move can't fit their perception.
  • #1,124,476
  • Jul 22, 2017 3:52am Jul 22, 2017 3:52am
Quoting sakisf
{quote} The problem is that you are trying to rationalize the market to fit your standards as per the calendar news. Instead you should be following it however irrational it looks to you. Everything happens for a reason, even if that reason is yet unknown. Do not omit significant factors such as psychology and sentiment. Euro is offering something that usd does not at this moment. Stability. NZD/AUD/CAD offer more of it so they are even stronger than EUR. Once all the crap about Trump gets cleared, usd will be back on leading position, or at least...
I am not doing it to fit my standards whatsoever, but how can you disregard key data and words which are negative, but yet the market still rises?

The AUD speaker this week said there was no reason AUD to be rising so high then it stumbled.

The EUR offers stability yes, but explain to me how it is making investors money? NZD/CAD/AUD are all good yes, but they have too many correlations. Oil goes down the CAD will fall. NZD is all about gold, mining and natural products. Lol now AUD don't even get me started!! If china goes bankrupt then that's the AUD in decline!!

USD is by far the best currency but this Trump propaganda makes it very hard for technical retail traders to win.
  • #1,124,477
  • Jul 22, 2017 4:14am Jul 22, 2017 4:14am
Quoting Samson85
{quote} I am not doing it to fit my standards whatsoever, but how can you disregard key data and words which are negative, but yet the market still rises? The AUD speaker this week said there was no reason AUD to be rising so high then it stumbled. The EUR offers stability yes, but explain to me how it is making investors money? NZD/CAD/AUD are all good yes, but they have too many correlations. Oil goes down the CAD will fall. NZD is all about gold, mining and natural products. Lol now AUD don't even get me started!! If china goes bankrupt then...
You are still doing the same thing. USD is weak vs everything and that's the market now - period. Yet you tell me how usd is the best currency and it should be stronger, because of eur neutral news, one blabber from an AUD speaker, CAD bad news (though a couple weeks ago a CAD CB member said the environment is good to start raising rates) etc. You are trying to force your perception based on some numbers on the market which is doing the exact opposite. And do technicals create the market or are they created by it? Chicken or the egg?
  • #1,124,478
  • Jul 22, 2017 4:54am Jul 22, 2017 4:54am
Quoting Samson85
Hi All, This week has proved that trading is becoming so uncalculated to the point that it seems that calendar data releases and speeches mean nothing. For example this weeks USD/CAD CPI data was accurate with the forecast, but was still in decline from previous results. The only reason why the CAD gained strength was because retail sales came out at the same time which were positive. Sorry but retail sales should not have been a good enough reason for the CAD to strengthen as the CPI data although in line with the forecast was still in decline...
I think the reason is not related to ecb,RBA,DATA ETC it's related to trump failure in his programs like health care and etc..
https://www.forexfactory.com/news.php?do=news&id=684842
cad, aud, jpy EUR all are in the same boat.
I believe we have big reversal in all of them but when? as long as to clear all retail positions.
near September is German election and eur will be under pressure,latter or sooner,but it will happen
  • #1,124,479
  • Jul 22, 2017 5:02am Jul 22, 2017 5:02am
Quoting sakisf
{quote} You are still doing the same thing. USD is weak vs everything and that's the market now - period. Yet you tell me how usd is the best currency and it should be stronger, because of eur neutral news, one blabber from an AUD speaker, CAD bad news (though a couple weeks ago a CAD CB member said the environment is good to start raising rates) etc. You are trying to force your perception based on some numbers on the market which is doing the exact opposite. And do technicals create the market or are they created by it? Chicken or the egg?
Long term it is the best currency because they are the only one guaranteeing rate hikes. That is a fact so from an investor point of view that's what it is about. Its not about a chart going up and down. USA has political issues via trump hence the decline, but other than that it is stable.

Lol you cannot ignore the economic data and central banks but the currency goes up lol. The euro going up makes no sense at all. The CAD progression this weak on the back of that cpi data was ridiculous. This UK had good retail sales but the pound fell shortly because the cpi earlier that weak was terrible. There are too many biases in the hedge fund world and remember all these guys are friends.
  • #1,124,480
  • Jul 22, 2017 5:21am Jul 22, 2017 5:21am
We are at the end of the bullish trend, i.e. mission was accomplished yesterday on weekly and monthly chart, white PSAR touched on monthly and aqua PSAR touched on weekly...
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDMonthly.png Size: 115 KB
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