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  • #1,126,381
  • Aug 4, 2017 9:32am Aug 4, 2017 9:32am
Quoting zhafryy
TP area not that fresh but I believe there still pending sell order there {image}
Dont hold on the longs for too long buddy....

ur scalping here and its not gona last....

what i observed is dollar depreciated from may based on data weakness in US... so really any data strength is going to drive the USD back up in the medium term.

eurusd rally last few months has nothing to do with Europe becoming stronger.... it was all market going in contrary to central bank so eventuall itll reverse we'll see 1.08 again
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #1,126,382
  • Aug 4, 2017 9:33am Aug 4, 2017 9:33am
Quoting fxtyrant
{quote} Dont hold on the longs for too long buddy.... ur scalping here and its not gona last.... what i observed is dollar depreciated from may based on data weakness in US... so really any data strength is going to drive the USD back up in the medium term. eurusd rally last few months has nothing to do with Europe becoming stronger.... it was all market going in contrary to central bank so eventuall itll reverse we'll see 1.08 again
yup..it be around 20pips
  • #1,126,383
  • Aug 4, 2017 9:34am Aug 4, 2017 9:34am
Wow... new traders a lot.. lol
One thing I remember from Not-Kpmg, never catch a falling knife. News like this = big volitile. Either you with the drop or with the spike or you wait for it to cool slow down then reverse. I see everyone here trying to long at 1.1790,1.1780,1.1765,1.1750. Took my 80pip and done for the week. See you guys next week.
Trade what you see, take what the market gives you.
  • #1,126,384
  • Aug 4, 2017 9:34am Aug 4, 2017 9:34am
23 fibo on day passed, 38 target, 1680 if it gets there . Can retrace right now.
  • #1,126,385
  • Aug 4, 2017 9:35am Aug 4, 2017 9:35am
If there is anyone surprised by this drop, you should not be trading. This is so long overdue. In spite of Trump wanting the dollar to weaken, the dollar has no choice but to strengthen based on all the great economic news coming out.

Whether it just retraces to the bottom channel and goes back or retraces to the fibo numbers and goes back up, no one has a clue. Not even the highest paid analyst. They'll give you their speculation and if they are right you won't hear the end of it. If there wrong, they won't talk about it for awhile and then start over again.

A lot of people on this post do the same thing.

Me? Don't know much, but I do know any market can only go so far without having a breather.
Taigen Profit This Month: na
  • #1,126,386
  • Aug 4, 2017 9:41am Aug 4, 2017 9:41am
Is anyone watching DXY?? Weekly chart 200 SMA??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #1,126,387
  • Aug 4, 2017 9:41am Aug 4, 2017 9:41am
not a bad development at this week end , only after hit the last target needed for next action, so will check it actually taking a rest or not ,most probable now though. take care , fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 45 KB
Click to Enlarge Name: EURUSDH4.png Size: 37 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,126,388
  • Aug 4, 2017 9:42am Aug 4, 2017 9:42am
Quoting fontu
not a bad development at this week end , only after hit the last target needed for next action, so will check it actually taking a rest or not ,most probable now though. take care , fontu {image} {image}
Hi fontu
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #1,126,389
  • Aug 4, 2017 9:43am Aug 4, 2017 9:43am
Quoting fxtyrant
{quote} Dont hold on the longs for too long buddy.... ur scalping here and its not gona last.... what i observed is dollar depreciated from may based on data weakness in US... so really any data strength is going to drive the USD back up in the medium term. eurusd rally last few months has nothing to do with Europe becoming stronger.... it was all market going in contrary to central bank so eventuall itll reverse we'll see 1.08 again
Lol
  • #1,126,390
  • Aug 4, 2017 9:43am Aug 4, 2017 9:43am
Quoting Taigen
If there is anyone surprised by this drop, you should not be trading. This is so long overdue. In spite of Trump wanting the dollar to weaken, the dollar has no choice but to strengthen based on all the great economic news coming out. Whether it just retraces to the bottom channel and goes back or retraces to the fibo numbers and goes back up, no one has a clue. Not even the highest paid analyst. They'll give you their speculation and if they are right you won't hear the end of it. If there wrong, they won't talk about it for awhile and then start...
Well said Taigen!

I remember your chart being edited and tagged 'Correction'
  • #1,126,391
  • Aug 4, 2017 9:45am Aug 4, 2017 9:45am
Quoting Ron25
TP = 1.1714.
I guess it is not gonna get there. closed manually.
  • #1,126,392
  • Aug 4, 2017 9:45am Aug 4, 2017 9:45am
Quoting digger1
A little 15 min bear flag set up could get it down to 1.1800, that would be a few pips closer to your 1760. Wouldnt bet on it tho , lol, Weekly R1 (1812) has been used for a support area once {image}
I guess you should learn about bearish and bullish rectangles.
I believe in myself.
  • #1,126,393
  • Aug 4, 2017 9:45am Aug 4, 2017 9:45am
Quoting zhafryy
TP area not that fresh but I believe there still pending sell order there {image}
Out and green pips to everyone! great week for NFP and BOE.
  • #1,126,394
  • Aug 4, 2017 9:46am Aug 4, 2017 9:46am
I think that we can end here with a weekly evening star and demand decision to next weeks.... or came back to today open...
  • #1,126,395
  • Aug 4, 2017 9:47am Aug 4, 2017 9:47am
Corrected perhaps to 1.1650 to 1.1610
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.JPG Size: 212 KB
  • #1,126,396
  • Aug 4, 2017 9:47am Aug 4, 2017 9:47am
Got lucky to sell at the top, better to keep a bit longer at least until stdev=0.
Attached Image (click to enlarge)
Click to Enlarge Name: eusd.jpg Size: 276 KB
  • #1,126,397
  • Aug 4, 2017 9:47am Aug 4, 2017 9:47am
So everyone back to parity predictions?

It's just a correction. Whoever has been long EUR before nfp and didnt close deserved the hammer.
  • #1,126,398
  • Aug 4, 2017 9:49am Aug 4, 2017 9:49am
today battle around 1.1710
  • #1,126,399
  • Aug 4, 2017 9:50am Aug 4, 2017 9:50am
Long EU @ 1.1759, SL 1.1720, Max TP 1.2029...looking to get at least 15
  • #1,126,400
  • Aug 4, 2017 9:54am Aug 4, 2017 9:54am
Quoting fxtyrant
Is anyone watching DXY?? Weekly chart 200 SMA??
Hi, my view on the monthly .. could be wrong
Attached Image (click to enlarge)
Click to Enlarge Name: USDXMonthly.png Size: 45 KB
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