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  • #1,125,541
  • Jul 31, 2017 9:22am Jul 31, 2017 9:22am
Quoting Ratmach
{quote} Hey, I'll admit something here: I have a couple shorts open that I am going to KEEP open till this drops a lot... if/when it does. And my REASON for that? Basically because I think it's totally ridiculous that we're at the (high) levels we are... just up and up and up. Makes NO sense to me, and so yeah I'm basically sticking up my finger at "the market" and saying HERE, watch this! I know, that's akin to "revenge trading" or something, but whatever... At least I'll admit it.
"revenge trading"... really? The market undulates regardless if you are happy, angry, sad, or any other emotion you care to display. Currency pairs go up and they go down. Sometimes there is a reason for an upward climb and sometimes not. But know this; all around the world there are traders looking at the undulation and the fibo numbers by the millions. This is way overdue for a retrace regardless if EU goes up to 1.40 or higher... who cares. Or it could drop... who cares. The market follows patterns and that is what you should recognize.

Central banks are on a forever quest to maintain balance in a fiat world. No easy task.

To get emotional in trading has no value whatsoever.
Taigen Profit This Month: na
  • #1,125,542
  • Jul 31, 2017 9:29am Jul 31, 2017 9:29am
USDX target: 93.12x before moving up. We may see sharp reversal later tonight
We err, and err, and err again, but less.
  • #1,125,543
  • Jul 31, 2017 9:36am Jul 31, 2017 9:36am
Quoting forexer
Hi there, i wonder why some traders here insist on shorting the eurusd , while the weekly and monthly technical charts analysis confirmed that strategic uptrend is still intact eurusd may be sold and pulled back for profit taking only not as a trend changing sentiment but sooner or later will resume heading higher targeting 1.1900 as confluence of historical resistance i think traders who are taking shorts positions or thinking of shorting the eurusd will regret this decision
Sorry but I just have to comment. I personally think the EU is on a strong uptrend but every currency MUST retrace along the way. That is the only reason I short any stock that has a strong uptrend indicators.

I would ask you why would some traders insist on a buy at this level knowing full well that it has hit the upper channel of the trend? To me that's cookoo. Even if it did go up more, traders all over world sees the same thing everyone else does and that is, it needs a breather.

I think anybody who considers buying at this level will regret their decision. What do I know...
Taigen Profit This Month: na
  • #1,125,544
  • Jul 31, 2017 10:02am Jul 31, 2017 10:02am
Um... what is pushing it up? Haha. Don't see anything immediately obvious.
  • #1,125,545
  • Jul 31, 2017 10:02am Jul 31, 2017 10:02am
Draghi on suicide watch
  • #1,125,546
  • Jul 31, 2017 10:04am Jul 31, 2017 10:04am
I wonder if they will need to talk it down here soon. It being so high will really stifle inflation in the EZ right?
  • #1,125,547
  • Jul 31, 2017 10:04am Jul 31, 2017 10:04am
what happened???
  • #1,125,548
  • Jul 31, 2017 10:05am Jul 31, 2017 10:05am
Quoting dewa77
what happened???
I guess the US FED hit Control+P and dropped the dollar some more... haha.

Really do not see a reason on any feeds/news so really not sure. Suppose we will see here soon.
  • #1,125,549
  • Jul 31, 2017 10:05am Jul 31, 2017 10:05am
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  • #1,125,550
  • Jul 31, 2017 10:05am Jul 31, 2017 10:05am
I wait in the blue line.miss by a few pips too bad
Hit a wall in weekly.might or might not go back down to 1.16
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Don't mind me.. i'm crazy
  • #1,125,551
  • Jul 31, 2017 10:06am Jul 31, 2017 10:06am
Got two more shorts in and am hoping I get my 1.1800 filled.
Taigen Profit This Month: na
  • #1,125,552
  • Jul 31, 2017 10:06am Jul 31, 2017 10:06am
Quoting dewa77
what happened???
people getting fucked hard..talking shorts all day..then this happens...i love it

keep shorting guys..the short bus still has more room

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  • #1,125,553
  • Jul 31, 2017 10:10am Jul 31, 2017 10:10am
Quoting skillz16
Um... what is pushing it up? Haha. Don't see anything immediately obvious.

I sold. That's what happened. They wanted my money.
  • #1,125,554
  • Jul 31, 2017 10:10am Jul 31, 2017 10:10am
"*DJ Euro Rises to $1.1799, Highest Since Early 2015 -- Factset"

End of US guys... pack it up, we had a good run. Haha
  • #1,125,555
  • Jul 31, 2017 10:10am Jul 31, 2017 10:10am
Quoting Taigen
Got two more shorts in and am hoping I get my 1.1800 filled.
That's the spirit! Sell it till there's nothing left!
  • #1,125,556
  • Jul 31, 2017 10:12am Jul 31, 2017 10:12am
It's pure break trough bull flag. Good move. Next stop 1845. Well . I didn't expect it. But everything possible in this business!. Lesson learned!
  • #1,125,557
  • Jul 31, 2017 10:12am Jul 31, 2017 10:12am
It's the perfect time to sell. You know why? Cause if it keeps going up, the dollars you lose in the trade wont be worth anything anyway!
  • #1,125,558
  • Jul 31, 2017 10:14am Jul 31, 2017 10:14am
Quoting effix02
{quote} Joke of the month. Come down to earth.
You said that when I mentioned it was going to 1.18xx...

Listen... before you start letting your fingers type a load of nonsense. Learn the art of price action. You try to come off as if you know what is going to happen, but we all see you're just kidding your self, and if you follow your instincts as you type here, your balance isn't looking healthy either.

So sit back.. learn...
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  • #1,125,559
  • Jul 31, 2017 10:18am Jul 31, 2017 10:18am
Quoting FXCyborg
{quote} You said that when I mentioned it was going to 1.18xx... Listen... before you start letting your fingers type a load of nonsense. Learn the art of price action. You try to come off as if you know what is going to happen, but we all see you're just kidding your self, and if you follow your instincts as you type here, your balance isn't looking healthy either. So sit back.. learn...
It doesn't help mate that you didn't even know what you were saying...You didn't say it was going to 1.18xx but to 1.20xx and yes, I'm still laughing at it. Btw, even 1.18xx hasn't been hit yet as a matter of fact.
  • #1,125,560
  • Jul 31, 2017 10:20am Jul 31, 2017 10:20am
Quoting dweb
USDX target: 93.12x before moving up. We may see sharp reversal later tonight
it went right thru LOL,,,came back to see 92.9 hahaha
We err, and err, and err again, but less.
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