EURUSD

short 1741 get stop out at 1735. 1750 short is time to close now.

After good US data, EUR/USD is up. The stupid show must go on ???

Headline data is negativeUSD Core Durable Goods Orders m/m - 0.2%(Actual) 0.4% (Forecast)0.3%(Previous)

LOL, thanks for the heads up... just took your money off the demand

wasnt good, wasnt bad.

For all of those who only see their charts (which is ok short term) and have no clue about the power of monetary policies divergence between Eurozone and US.

Fed's balance sheet is to shrink by $30 bln in Q4, $60 bln in Q1 18 and $90 bln in Q2 18 for $180 bln reduction by the middle of next year. During this time the ECB's balance sheet is to expand by 300 bln euros (August through December) and by at least 180 bln euros in H1 18, for a total of another 480 bln euros.

That means EUR should keep going up to the moon! *SARC*

Durable Goods Orders Very Positive -0.1% Previous 3.0% Forecast 6.5% Actual

Durable Goods Orders ex Transportation Inaccurate data... 0.6% Previous 0.4% Forecast 0.2% Actual
0.6% Previous was revised from a previous value of 0.1%, so a big difference of 0.5%.

Goods Trade Balance Positive -$66B Previous -$65B Forecast -$64B Actual

Initial Jobless Claims Neutral 234K Previous 241K Forecast 244K Actual

Lol, nobody has to say fu to the retail traders they do it themselves , its just "they " get blamed for it whoever the f "they" are which translates to anyone that understands a mkt better or trades it better than the retailer or quite possibly have better tools , it is a business after all ,,,,,, and your only gonna be as good as your tools , then you get into who is qualified to use a tool or even what to do with said tools lol,,,, nowadays a mobile phone -retailer or a big spender on a good laptop (you have a compass in a gigantic woods can you read a compass) ,,,,, compared to banks with analytical depts , trading dept, ai , (same gigantic woods with a copter and a cabin and much better ways to pin point where they want to be besides a compass lol) hedge funds with the same bank tools yea Im sure they are sitting around just doing shit to screw the retailer , retailer or losing trader can just look in a mirror and see who to really blame quite frankly ,,,,,,,, it all comes down to levels ,,,,,,,, get a good look at a daily chart every day take a gander at a weekly and monthly chart every now and then and get some levels then watch your mobile phone or whatever little tool ya have and wait for your levels , manage your money and you will do just fine ,,,,,,,,, jumping in cause the mkt moved on your mobile device aint going to lead to very good results with out knowing what your looking for . There is no shortcut around doing some work for your business if you want it to be successful.,,,,,,,,, As far as the eur sure it is an area that is peeking the interest of some big boys and a dribble down to a monthly average price (200sma on a 4 hour chart) could be in order , it will be crossing the monthly and also the quarterly open here in the next day or so. Two things happen , a bunch gets dumped in to drive towards 1.20 or they wait let it dribble down to more attractive levels like a monthly open or quarterly open and take take some profit on the way down ,,,, levels traders levels , choose good ones lol

Condolences to all of those who bought euro last night over 1.1714. Chances are you're so called 'trapped traders' for the rest of the summer.

Can be out with a click of a button , profit banked ,,,,,,, Ive taken my shots short , usually stopped out for nothing , longs have made good money,,,,, dont think most here are planning on having a serious relationship with a trade , but yea up there may not end well lol

@digger1 Thanks for the advice but i am doing fine, still have A LOT to assimilate though. But i guess the learning process never ends.

The Daily trend, not hourly or h4 is UP so i don't think this is possible. Maybe it's a temp top, but i will leave trading this one to the actual pros.

No worries man , learn a new way to shoot myself in the foot every week ,,,,, Im just getting good at walking with fu feet lol

Something funny I found in the press today: "Trump is now saying he's the best president except for Abraham Lincoln. He also asserts he has the best six months of any president and got more legislation passed"

This guy is such a gigantic moron than it literally beggers belief. That's one thing if that fool is ridiculing himself but quite another if the whole nation is judged through the prism of his lunacy...

Haha, what?!?:

DOW JONES:
"DJ Last-Minute US Data Could Boost Tomorrow's GDP -- Market Talk 2017.07.27 16:47:25"

What a horiblee week , probably the worst one I have had in more than a year .
Stopped out of Pound long , 8.5 % down so far for the week !!!

I try hard ... but always fail , mate ...

I am afraid DOW is topping out now H=21767

I am a seller at 21685 ON STOP

S+P already short at 2478

SL recent highs +

https://www.forexfactory.com/showthread.php?t=686214

my day trading method
ga close 5568pip...............
pls check it

Now will be interesting to see if it breaks 1.1660 or if it bounces back up from there...