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  • #1,130,141
  • Aug 25, 2017 11:34am Aug 25, 2017 11:34am
eurusd continues to move clearly in an upside-channel, well guided by fundamentals. july-high within reach. if so, itīs likely that upper line will be touched.
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fortis fortuna adiuvat
  • #1,130,142
  • Aug 25, 2017 11:36am Aug 25, 2017 11:36am
As long as europes inflation rate is below 2% this eurusd upward trend over the past few weeks is headed no where,infact its a bubble waiting to burst.
100% KENYAN.
  • #1,130,143
  • Aug 25, 2017 11:47am Aug 25, 2017 11:47am
Quoting deltaone
eurusd continues to move clearly in an upside-channel, well guided by fundamentals. july-high within reach. if so, itīs likely that upper line will be touched. {image}
I agree. The pair is very bullish and it will likely break out above the last high at 1.1910. The next target is likely around 1.2000 but it could rally above that too.
  • #1,130,144
  • Aug 25, 2017 11:47am Aug 25, 2017 11:47am
Hi everyone!

After reading all the comments from totally confused traders about why EUR/USD chases highs despite a none dovish statement from Yellen, I think we need an explanation here.

1. First of all she didn't mention anything about monetary policy. This makes traders think there is something that she tries to hide, which makes me believe that the market has misunderstood the purpose of this year's Jackson Hole symposium.
2. For the second most traders expected the opposite of what happened and prepared their orders and stop losses accordingly.
3. Many brokers (if not all) sell our trading setups for BIIIIG money to the BIG dogs.

So....They just waited for the time of release to push it down 20 pips in order to activate as much as possible orders, after which kill all shorts and hit all stop losses buy pushing it up as they know everything they need about your trading setup.

How many of you guys got burned today just because you never learn that stop loss is a suicide?

No offense. I just hope you understand that SL means Surrender & Lose.

Good luck next time

Again no offense
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,130,145
  • Aug 25, 2017 11:47am Aug 25, 2017 11:47am
Quoting deltaone
eurusd continues to move clearly in an upside-channel, well guided by fundamentals. july-high within reach. if so, itīs likely that upper line will be touched. {image}
You are absolutely right .. according to my technical knowledge it will most probably reach 1.20xx level soon
Markets are Irrational
  • #1,130,146
  • Aug 25, 2017 11:49am Aug 25, 2017 11:49am
When looking at monthly chart, it looks like it will go to 1.25xx. The supply is the red rectangle.
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  • #1,130,147
  • Aug 25, 2017 11:52am Aug 25, 2017 11:52am
Quoting NotAtrader
Hi everyone! After reading all the comments from totally confused traders about why EUR/USD chases highs despite a none dovish statement from Yellen, I think we need an explanation here. 1. First of all she didn't mention anything about monetary policy. This makes traders think there is something that she tries to hide, which makes me believe that the market has misunderstood the purpose of this year's Jackson Hole symposium. 2. For the second most traders expected the opposite of what happened and prepared their orders and stop losses accordingly....
you seem to know so much am sure you work on wallstreet,tell us more...
100% KENYAN.
  • #1,130,148
  • Aug 25, 2017 11:55am Aug 25, 2017 11:55am
Quoting executivefx
{quote} you seem to know so much am sure you work on wallstreet,tell us more...
You don't need to work on Wall Street in order to know what happens. All you need is internet access.

Cheers
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,130,149
  • Aug 25, 2017 11:58am Aug 25, 2017 11:58am
Quoting executivefx
As long as europes inflation rate is below 2% this eurusd upward trend over the past few weeks is headed no where,infact its a bubble waiting to burst.
hmmm. both us and uk inflation rate (yoy) higher than in the €zone. eur stronger in both pairs. why do you think itīs a bubble?
l
fortis fortuna adiuvat
  • #1,130,150
  • Aug 25, 2017 12:01pm Aug 25, 2017 12:01pm
maybe iīll make an exception (no trades in holidays) for lord draghila.
fortis fortuna adiuvat
  • #1,130,151
  • Aug 25, 2017 12:02pm Aug 25, 2017 12:02pm
clapped off a short.
  • #1,130,152
  • Aug 25, 2017 12:04pm Aug 25, 2017 12:04pm
Quoting 5astelija
{quote} Surely speech caused the move. 1.186 resistance is holding for now, I think there will be retracement now... Investors don't want open positions when Draghi is about to lay his bombs. As Connors told us, there should be new low coming too
Clearly I was wrong. A bit irrational reaction to a non-speech, maybe this strength marks beginning of a longer trend..
1.189 is next to break
Pension fund Return This Month: 2.2%
  • #1,130,153
  • Aug 25, 2017 12:04pm Aug 25, 2017 12:04pm
Quoting NotAtrader
{quote} You don't need to work on Wall Street in order to know what happens. All you need is internet access. Cheers
Thats too bad i thot you had concrete proof that cud back up your post apart from what you read on the internet.cheers.
100% KENYAN.
  • #1,130,154
  • Aug 25, 2017 12:07pm Aug 25, 2017 12:07pm
Quoting OnlineAddict
{quote} Daily is very bullish, too...plus the fact that GU will most probably spike up tomorrow...I think its a fair game to wait for EU to spike up towards 1900 to short it then...and not now, 100 pips lower. 1870 minimum, but ideally above 1900. Maybe into 1550.
can he pull out another wicked prediction? stay tuned.
  • #1,130,155
  • Aug 25, 2017 12:08pm Aug 25, 2017 12:08pm
Quoting OnlineAddict
Draghi won't do anything today...trade the chart...today won't reverse anymore probably...if you want to short scalp, wait until monday.
usd is almost doji on monthly..market will move it somewhere...
I can.I will. End of story.
  • #1,130,156
  • Aug 25, 2017 12:09pm Aug 25, 2017 12:09pm
If we get 1.2 break soon, 1.3 could be possible by the end of the year ..
  • #1,130,157
  • Aug 25, 2017 12:13pm Aug 25, 2017 12:13pm
Quoting executivefx
{quote} Thats too bad i thot you had concrete proof that cud back up your post apart from what you read on the internet.cheers.
Mate, no offense. Just take the hint. Otherwise you'll keep losing.
All the proofs you need are out there on the internet. I am not here to do the search for you. I just give you the hint. If you are interested to find out if that is true, the whole internet is yours. Don't waste your time to argue with me. I just give you a very useful hint. Take it or leave it. It's your choice. No need to argue. I don't sell anything to you.

Cheers
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,130,158
  • Aug 25, 2017 12:19pm Aug 25, 2017 12:19pm
Quoting deltaone
{quote} hmmm. both us and uk inflation rate (yoy) higher than in the €zone. eur stronger in both pairs. why do you think itīs a bubble? l
There are two major fundamental factors that dominate the control of economies around the world one of them is intrest rates and inflation rate,in developed countries around the world there target is to maintain the inflation rate at around 2%,so anytime when the inflation rate is below than 2% the central back of such a country will take the necessary steps required to increase its inflation rate to 2%,they do this by devaluing the value of their currency hence intentionally causing inflation.Always remember that the main task of any central bank is to maintain price stability.
100% KENYAN.
  • #1,130,159
  • Aug 25, 2017 12:24pm Aug 25, 2017 12:24pm
Quoting NotAtrader
{quote} Mate, no offense. Just take the hint. Otherwise you'll keep losing. All the proofs you need are out there on the internet. I am not here to do the search for you. I just give you the hint. If you are interested to find out if that is true, the whole internet is yours. Don't waste your time to argue with me. I just give you a very useful hint. Take it or leave it. It's your choice. No need to argue. I don't sell anything to you. Cheers
you dint give me any hint,you just participated in spreading a rumour,dont say things you cant proove.please take my advice it could spare you from alot of trouble in the future.
100% KENYAN.
  • #1,130,160
  • Aug 25, 2017 12:26pm Aug 25, 2017 12:26pm
do you guyd think euro going up further ?
pop pop popping
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