I'm trying to find some news or some strong information that has boosted the dollar .. could anyone help me?
Hello to everybody. I am new to forex currently training with a demo account. Can somebody please explain me why the EUR/USD goes down since the US PPI was negative? Thank you for your help.
{quote} News were good. Red/Green of FF is just... wrong. News were very good, would probably boost CPI too (tomorrow). Trade the number, not the color. 1.1770 with a good cpi reading.{image} +dollar moving up the last few days {image}
{quote} No need to...trend is back down for 1.15/1.13, then possibly 1.3xx/1.4xx over the next years
{quote} PPI ! Look closely! Previous numbers versus today. And all past data. Check FF data calendar. If it's red doesn't mean it's bad.
{quote} I said it last week. https://www.forexfactory.com/showthr...7#post10272977 Here's my target. almost there (hopefully).
{quote} Is that your kid jusstin?
no D, but my kid is more better savage than this one..
{quote} hmm.. I will try to understand your point of view by technical analysis. {quote} I had observed and honestly, it does not make much sense for the PPI to have given such force to the dollar. {quote} Nice man..
). Market makers create liquidity but market itself creates volatility. All they had to do is just push in the right direction. And market picked up wave. Giving strong PPI some may assumed that further economy data will also strengthen including inflation etc etc. that's where reaction is coming from. Reaching out better buy level looked easier versus to fight market over push up higher. It's difficult to explain if you don't see it yet, give more time to just watch market and its reaction and you will understand!
{quote} You need to open your mind a little bit. Don't be strict to numbers itself. It's complex of decision and PA. PPI like any other High impact data as a catalyst to market decisions. It was building up last week and this week before it finally blew up( or down
Short closed at 1.1882. Daily range of 110 pips is about the limit for this pair for today. I expect a pull back to short again.
{quote} Well... I try
I'm waiting to short tomorrow to 1900 or less. I just hit 7500% on my tiny demowas tiny.
{quote} Pound dropped as predicted - big take profit before tomorrow ........ Which may have been leaked already but will investigate tomorrow morning .
{quote} Its a smallest I can do to help. Ask if you need anything!
