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The Strength of USD

  • #21
  • Oct 16, 2017 9:44pm Oct 16, 2017 9:44pm
[Tue, 17-Oct-2017 04:30:55 MT4]
Sell EUR @ 1.17788 --> 1.1822 / 1.1725 ...
Market is not random but unpredictable
  • #22
  • Oct 17, 2017 3:52am Oct 17, 2017 3:52am
It looks like bulls. I'm selling buy from 1.3274. I see a confident upward move to at least 1.3329

Attached Image (click to enlarge)
Click to Enlarge Name: GU17.10.jpg Size: 329 KB
Point of view is a common opinion, passed through the prism of experience
  • #23
  • Oct 17, 2017 8:34am Oct 17, 2017 8:34am
Quoting Kyg
It looks like bulls. I'm selling buy from 1.3274. I see a confident upward move to at least 1.3329 {image}
No SL? ...
I'm currently sidelined on the GBP ...
Market is not random but unpredictable
  • #24
  • Oct 17, 2017 11:51pm Oct 17, 2017 11:51pm
Quoting 4for4
[Tue, 17-Oct-2017 04:30:55 MT4] Sell EUR @ 1.17788 --> 1.1822 / 1.1725 ...
A new SL and a pyramid ...
Sell EUR @ 1.17788 --> 1.1784 / 1.1725 ...

[Wed, 18-Oct-2017 07:39:34 MT4]
Sell EUR @ 1.17627 --> 1.1784 / 1.1725 ...
Market is not random but unpredictable
  • #25
  • Oct 18, 2017 6:30pm Oct 18, 2017 6:30pm
Quoting 4for4
{quote} A new SL and a pyramid ... Sell EUR @ 1.17788 --> 1.1784 / 1.1725 ... [Wed, 18-Oct-2017 07:39:34 MT4] Sell EUR @ 1.17627 --> 1.1784 / 1.1725 ...
Closed on [18-Oct-2017 19:20:16 MT4] = -5.2 -21.3 = -26.5 pips ...
Market is not random but unpredictable
  • #26
  • Oct 19, 2017 4:52am Oct 19, 2017 4:52am
Opened GBP/USD on 1.3158
SL: 1.31246
TP: 1.32098
I think that the horizontal movement will continue. And there will be fluctuation from current price levels to 1.3220.


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Click to Enlarge Name: GU19.10.jpg Size: 335 KB
Point of view is a common opinion, passed through the prism of experience
  • #27
  • Oct 19, 2017 6:54am Oct 19, 2017 6:54am
Quoting Kyg
Opened GBP/USD on 1.3158 SL: 1.31246 TP: 1.32098 I think that the horizontal movement will continue. And there will be fluctuation from current price levels to 1.3220. {image}
Waiting for GBP's broken range @ [1.3025 - 1.3336] on daily chart ...
I guess I'm too lazy to watch the lower timeframes ...
Market is not random but unpredictable
  • #28
  • Oct 19, 2017 7:00am Oct 19, 2017 7:00am
Quoting 4for4
{quote} Waiting for GBP's broken range @ [1.3025 - 1.3336] on daily chart ... I guess I'm too lazy to watch the lower timeframes ...
Haha This is your right
This resistance is still far enough. It is possible to trade buy until reaching 1.3336. (183 pips)
Point of view is a common opinion, passed through the prism of experience
  • #29
  • Oct 19, 2017 7:50am Oct 19, 2017 7:50am
Quoting Kyg
{quote} Haha This is your right This resistance is still far enough. It is possible to trade buy until reaching 1.3336. (183 pips)
Can never know which side will be broken first ...
When a side is broken, I'll take it as a clue that the market is heading toward that direction for a while (days) ...
Market is not random but unpredictable
  • #30
  • Oct 19, 2017 10:08pm Oct 19, 2017 10:08pm
Quoting Kyg
Opened GBP/USD on 1.3158 SL: 1.31246 TP: 1.32098 I think that the horizontal movement will continue. And there will be fluctuation from current price levels to 1.3220. {image}
When a candle (19Oct-0800) broke the lowest of previous candle (18Oct-1200), I'll wait until the high of previous candle (19Oct-0000) or subsequent high is broken up before buying ...
Market is not random but unpredictable
  • #31
  • Oct 24, 2017 8:11am Oct 24, 2017 8:11am
[Tue, 24-Oct-2017 14:50:48 MT4]
Sell GBP @ 1.31569 --> 1.3231 / 1.3044 ...
Market is not random but unpredictable
  • #32
  • Oct 25, 2017 5:39am Oct 25, 2017 5:39am
Quoting 4for4
[Tue, 24-Oct-2017 14:50:48 MT4] Sell GBP @ 1.31569 --> 1.3231 / 1.3044 ...
Closed on [25-Oct-2017 13:31:18 MT4] = -74.1 pips ...
Market is not random but unpredictable
  • #33
  • Edited 8:01pm Oct 28, 2017 7:43pm | Edited 8:01pm
It seems that everybody prefers to play “preview” of what’s coming next. So here’s what I think ...
GBP is going for 1.2935 (TP) ... I’m now waiting for a correction before selling, but will scrap the attempt if the market moves past 1.3283 or TP is reached first ...
Market is not random but unpredictable
  • #34
  • Oct 30, 2017 2:47am Oct 30, 2017 2:47am
Why is the DXY strong while XTIUSD is also strong ?
Shouldn't there be a negative correlation ?
The truth is hidden from you
  • #35
  • Oct 30, 2017 4:34am Oct 30, 2017 4:34am
Quoting MaxenshteinD
Why is the DXY strong while XTIUSD is also strong ? Shouldn't there be a negative correlation ?
Not necessarily, even among the major currencies (EUR, GBP, JPY) against USD, sometimes there’s a discrepancy in direction ...
Each country will have its own “fundamental” factors that can move its currency in any direction, sometimes opposing the “herds” or “crowd” ...
And Oil is heavily “intervened” by the news from OPEC and oil-producing countries ...
Market is not random but unpredictable
  • #36
  • Oct 30, 2017 4:59am Oct 30, 2017 4:59am
Quoting 4for4
{quote} Not necessarily, even among the major currencies (EUR, GBP, JPY) against USD, sometimes there’s a discrepancy in direction ... Each country will have its own “fundamental” factors that can move its currency in any direction, sometimes opposing the “herds” or “crowd” ... And Oil is heavily “intervened” by the news from OPEC and oil-producing countries ...
Thanks)
I`ve never even looked at charts of dxy/xauusd/xagusd/xtiusd before, usd against all the majors plus nzd was enough for me.
But recently I decided to include it in my intermarket analysis, and remembering things I`ve read about correlation before, the positive correlation between dxy and xtiusd really confused me.
Well I guess it`s the same thing as news trading, everyone has an idea of what must happen, but the markets don`t care ))
The truth is hidden from you
  • #37
  • Oct 30, 2017 7:29am Oct 30, 2017 7:29am
Quoting MaxenshteinD
{quote} Thanks) I`ve never even looked at charts of dxy/xauusd/xagusd/xtiusd before, usd against all the majors plus nzd was enough for me. But recently I decided to include it in my intermarket analysis, and remembering things I`ve read about correlation before, the positive correlation between dxy and xtiusd really confused me. Well I guess it`s the same thing as news trading, everyone has an idea of what must happen, but the markets don`t care ))
Correlation might be useful when we have open positions, but never open a new trade based on correlation ...
When there’s a new “call” going the opposite direction of the open trades, we could go into a lower timeframe to look for tighter SL ...
Market is not random but unpredictable
  • #38
  • Oct 31, 2017 7:02pm Oct 31, 2017 7:02pm
Quoting 4for4
It seems that everybody prefers to play “preview” of what’s coming next. So here’s what I think ... GBP is going for 1.2935 (TP) ... I’m now waiting for a correction before selling, but will scrap the attempt if the market moves past 1.3283 or TP is reached first ...
Scrapping the sell attempt ...
Can we see 1.3498 later?
Market is not random but unpredictable
  • #39
  • Nov 2, 2017 10:31pm Nov 2, 2017 10:31pm
“Strong” downswing in GBP toward 1.2812? ...
Waiting for a correction before selling with 1.3324 as the cancellation level ...
Market is not random but unpredictable
  • #40
  • Nov 3, 2017 10:25am Nov 3, 2017 10:25am
Targeting 115.10 in JPY ...
Market is not random but unpredictable
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