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EURUSD

  • #1,138,841
  • Dec 16, 2017 2:46am Dec 16, 2017 2:46am
Quoting Samson85
This is why I trade #Fundementals. Both charts below retraced within 24hrs. Reason being is that when central banks verbally say things people buy the rumour and sell the fact. Words from central banks always Retrace when they are random minus official monetary policy meetings as those stay in their positions. The charts below show the nok eur/nok tanking based on nok central bank saying they will hike rates next yr. Other chart is cad central bank saying economy is good etc. They always Retrace because they are technically rumours. If you had bought...
Mate, your post is very useful . I would be obliged if on these charts you marked the exact time of the Bank anouncement .
  • #1,138,842
  • Dec 16, 2017 4:38am Dec 16, 2017 4:38am
Quoting Samson85
This is why I trade #Fundementals. Both charts below retraced within 24hrs. Reason being is that when central banks verbally say things people buy the rumour and sell the fact. Words from central banks always Retrace when they are random minus official monetary policy meetings as those stay in their positions. The charts below show the nok eur/nok tanking based on nok central bank saying they will hike rates next yr. Other chart is cad central bank saying economy is good etc. They always Retrace because they are technically rumours. If you had bought...
So how well is your short bet doing that you opened at 9.81239?
You are addicted to leverage my friend, and this is dangerous.
  • #1,138,843
  • Dec 16, 2017 5:14am Dec 16, 2017 5:14am
Quoting mbrown
{quote} Just playing with you. I made good money from the NZDUSD. I wouldn't touch CMC with a barge pole; thieves my friend, they're crooks. They reinvented then enhanced bucket shop tactics in the UK. I started trading with CMC when they were called Deal4Free back in 2000, it took me years to recover from that experience. lol

Mr Brown I just read up on CMC and I am shocked. There have been times I have lost money in really volatile trades not understanding why. Just to confirm they are market makers and take the other side of your bet?

No dealing desks don't have conflict of interest from what I read?

What broker are you using? I am thinking to change to svsfx or lccg. I want a broker where there is no conflict of interest.
  • #1,138,844
  • Dec 16, 2017 5:28am Dec 16, 2017 5:28am
Quoting Samson85
{quote} Mr Brown I just read up on CMC and I am shocked.
lol. CMC is a pawn shop. Stopped using them 15 years ago. ))) Surprised that they are still in business.
  • #1,138,845
  • Dec 16, 2017 5:29am Dec 16, 2017 5:29am
Introducing the 8-ball levels
forexfore.blog/2017/12/16/the-8-ball-levels/
  • #1,138,846
  • Dec 16, 2017 8:46am Dec 16, 2017 8:46am
looks like this pair is going to 1.171 next week and possibly lower, so maybe it will be a good sell
Don't Worry Be Happy
  • #1,138,847
  • Dec 16, 2017 8:47am Dec 16, 2017 8:47am
Quoting MrPresident
coming down to 1.176 next hopefully and then possibly 1.171 it might be a good sell until the year end
1.176 reached, now for 1.1710
Don't Worry Be Happy
  • #1,138,848
  • Dec 16, 2017 9:05am Dec 16, 2017 9:05am
update for next 2 weeks.

PS: credit goes to longshot for the original idea.
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  • #1,138,849
  • Dec 16, 2017 10:42am Dec 16, 2017 10:42am
We are definitely going to see 1.14 / 1.15 levels.

I feel that the previous retracements aren't sufficient. Testing support level at 1.15 here should help ease some upwards pressure
A 1 pip gain is better than a 1 pip loss.
  • #1,138,850
  • Dec 16, 2017 12:37pm Dec 16, 2017 12:37pm
Unpredictable pair as of late.
  • #1,138,851
  • Dec 17, 2017 12:09am Dec 17, 2017 12:09am
typical , nothing to add further . go on.new enforced seller active for next station 1.1712/00, 1670 , 1606/00 or better monthly low previous 1.1553, all should be ok but again as in bull should react in all stations , may not again much 1712 next time though. take care , fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,138,852
  • Dec 17, 2017 5:03am Dec 17, 2017 5:03am
MN bull engulf in control, potential new valleys on the daily being created for longs

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  • #1,138,853
  • Dec 17, 2017 8:29am Dec 17, 2017 8:29am
Daily Forex Sentiments - Investopedia

EURUSD are all the way down... Strong Down trend

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It is the dust where you came from & it is the dust where you shall return
  • #1,138,854
  • Dec 17, 2017 1:34pm Dec 17, 2017 1:34pm
EURO/USD
========
-1.1710 key level .
-A clear close below 1.1710 will activate the possible HEAD & SHOULDERS formation with ideal target 1.1470.
-IF 1.1710 HOLD, market will resume upward trying to challenge 1.1865 en route to 1.1960.

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  • #1,138,855
  • Dec 17, 2017 7:24pm Dec 17, 2017 7:24pm
Short term, the pair continue towards the downside and found support level at 1.1715. With holidays are coming, I'm expecting volumes to shrink.
  • #1,138,856
  • Dec 18, 2017 12:18am Dec 18, 2017 12:18am
Inserted Video
  • #1,138,857
  • Dec 18, 2017 2:15am Dec 18, 2017 2:15am
here's what's up next for EURUSD. shorting from overhead heavy res. target (C).
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  • #1,138,858
  • Dec 18, 2017 2:35am Dec 18, 2017 2:35am
I can see many buy orders around 90, if prices get there I might be shorting.....
trading is simple but is simple is not easy.
  • #1,138,859
  • Dec 18, 2017 3:11am Dec 18, 2017 3:11am
Quoting ZenNy
I can see many buy orders around 90, if prices get there I might be shorting.....
until end of year i think still sideway
onorebate
  • #1,138,860
  • Dec 18, 2017 3:15am Dec 18, 2017 3:15am
Quoting putrimawarfx
{quote} until end of year i think still sideway
is that right? AMR is 400 and we are @ 50% of AMR atm.
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