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  • #1,139,541
  • Dec 31, 2017 11:47am Dec 31, 2017 11:47am
Hi everyone! It's awesome to see this thread still exist to this day! Looking forward to another start of Forex trading in 2018.
aka honcho
  • #1,139,542
  • Dec 31, 2017 7:37pm Dec 31, 2017 7:37pm
whats wrong with Banks anyway? since last 2 weeks all i have seen is holiday & holiday... holiday all around!!$#%
btw,
Happy New Year 2018
It is the dust where you came from & it is the dust where you shall return
  • #1,139,543
  • Edited 10:58pm Dec 31, 2017 10:43pm | Edited 10:58pm
Quoting OnlineAddict
{quote} I have a similar view...1.1450 for a potential long towards 1.24...or if we go straight up from current 1.20, then a big dump below 1.10.
like it & same views but market to decide , the bull continue to 1.24+ now or correction down to have great Bull in reversal bp at 1.24+/1.25 & continue for years to try. anyway corrections dues but bull very strong this top also targeting 1.24+/1.25.critical time to hold trades presently .Happy new year 2018 for all .Take care , fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,139,544
  • Jan 1, 2018 8:36am Jan 1, 2018 8:36am
Tell me the past, and I will know the future. Konfuzius

my name is Michael and I am pleased to be at Forex Factory. Unfortunately, my English language skills are not optimal, but I hope you understand me. I've been following Forex Factory for over 2 years and I like the biggest forum in the world.
I would like to start with an interesting story:
Helmut Kohl (Federal Chancellor 1992-1998) once said: "Who does not know the past, can not understand the present and shape the future."
Looking at the history of the EURUSD over the last 47 years, one could draw a conclusion for the next 27 years

Attached Image (click to enlarge)
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Average Low to High = 7,700 pip
Average High to Low = 5,500 pip


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Taking the past as a basis for the future, the EURUSD could evolve in 2018 as follows.


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Of course, this conclusion is purely hypothetical, since no one knows the future. Please do not take this vision seriously, but ....
... who shuts his eyes from the past becomes blind to the present.

I wish you much success and more pips for the new year 2018 than you expected.
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,139,545
  • Jan 1, 2018 9:07am Jan 1, 2018 9:07am
Quoting asgcorp
no gap either up or down coming next week. after we dip (40-60 points max) a valid target for the bulls is still 2060-2080. so just load up dips. don't listen to the bs analysis calling for 1700-1800 next week. won't happen.
yep almost unchanged right now as expected.
  • #1,139,546
  • Jan 1, 2018 9:27am Jan 1, 2018 9:27am
i just have a similar take on eurusd

dips and pullbacks till around 1.1940 / 1.1910 could still be a buying opportunity

short term target would still be the 1.2092 area and the 1.2420 area as a medium term target (1 / 2 months)
  • #1,139,547
  • Jan 1, 2018 9:30am Jan 1, 2018 9:30am
Quoting Bionics
Tell me the past, and I will know the future. Konfuzius my name is Michael and I am pleased to be at Forex Factory. Unfortunately, my English language skills are not optimal, but I hope you understand me. I've been following Forex Factory for over 2 years and I like the biggest forum in the world. I would like to start with an interesting story: Helmut Kohl (Federal Chancellor 1992-1998) once said: "Who does not know the past, can not understand the present and shape the future." Looking at the history of the EURUSD over the last 47 years, one could...
That's assuming Euro blog still continues to exist which is unlikely.This social experiment is cracking up quick.
10yrs max and I am being generous.This might fall a apart lot sooner.
ECB can't continue bail out Greece and countries like Spain,Italy,Portugal are just liabilities. This was built upon flimsy idealistic platform without taking account that majority of Euro member countries can't afford Euro based economies around single currency because of extreme variables of output.
Its a outdated concept and after Brexit France Italy next.
In trading, you have to be defensive and aggressive at the same time
  • #1,139,548
  • Jan 1, 2018 9:34am Jan 1, 2018 9:34am
Quoting Davit
{quote} That's assuming Euro blog still continued to exist which is unlikely.This social experiment is cracking up quick. 10yrs max and I am being generous.This might fall a apart lot sooner. ECB can't continue bail out Greece and countries like Spain,Italy,Portugal are just liabilities. This was built upon flimsy idealistic platform without taking account that majority of Euro member countries can't afford Euro based economies around single currency because of extreme variables of output. Its a outdated concept and after Brexit France Italy next....
As far as i know, they put EU togheter to compete with US. Any other european country can't compete uith US alone. So they build up the union.
MAKE IT RAIN
  • #1,139,549
  • Jan 1, 2018 9:36am Jan 1, 2018 9:36am
Quoting mihai1986
{quote} As far as i know, they put EU togheter to compete with US. Any other european country can't compete uith US alone. So they build up the union.
the only country that can compete with US to some extent (car exports for instance) is Germany. Everyone else is just running on their subsidies.
  • #1,139,550
  • Jan 1, 2018 9:37am Jan 1, 2018 9:37am
Quoting Bionics
Tell me the past, and I will know the future. Konfuzius my name is Michael and I am pleased to be at Forex Factory. Unfortunately, my English language skills are not optimal, but I hope you understand me. I've been following Forex Factory for over 2 years and I like the biggest forum in the world. I would like to start with an interesting story: Helmut Kohl (Federal Chancellor 1992-1998) once said: "Who does not know the past, can not understand the present and shape the future." Looking at the history of the EURUSD over the last 47 years, one could...
beautiful post for a first time post
practising coitus interruptus
  • #1,139,551
  • Jan 1, 2018 9:49am Jan 1, 2018 9:49am
Quoting mihai1986
{quote} As far as i know, they put EU togheter to compete with US. Any other european country can't compete uith US alone. So they build up the union.
I disagree that's too simplistic.Inspiration might have been US but that's that but in US we don't have countries we have states with similar culture language and centralized government.
Not sure it was created to compete with US.Ton of info on the net why it was created

https://www.britannica.com/topic/European-Union
cartoon is fun to watch to
In trading, you have to be defensive and aggressive at the same time
  • #1,139,552
  • Jan 1, 2018 9:51am Jan 1, 2018 9:51am
Quoting Davit
{quote} That's assuming Euro blog still continues to exist which is unlikely.This social experiment is cracking up quick. 10yrs max and I am being generous.This might fall a apart lot sooner. ECB can't continue bail out Greece and countries like Spain,Italy,Portugal are just liabilities. This was built upon flimsy idealistic platform without taking account that majority of Euro member countries can't afford Euro based economies around single currency because of extreme variables of output. Its a outdated concept and after Brexit France Italy next....
you're quite right Davit , it' s quite a flimsy idealistic currency union . But that's how things work in Europe . Just take a look at German politics .

They had the Chancellor elections in September . Was there an outright , straightforward result ? No . Coalition politics needs to rescue Merkel's half victory.

The Euro is the mirror of how things work in Europe , it's the result of pan-European coalition politics . So if you think that in 10 yrs time max the Euro will no longer be there , you should take into account that is was built in a clumsy way and could very likely continue to exist in that clumsy way , with all the Southern countries' liabilities and weak politics
  • #1,139,553
  • Jan 1, 2018 9:56am Jan 1, 2018 9:56am
one next step in EU will be a single fiscal politic .

the first steps had already been taken . and lets see if uk is realy out of ue
  • #1,139,554
  • Jan 1, 2018 9:57am Jan 1, 2018 9:57am
Quoting mihai1986
{quote} As far as i know, they put EU togheter to compete with US. Any other european country can't compete uith US alone. So they build up the union.
mate, WHO built the EU...? For your information it was built with Washington's instructions and orders...

  • #1,139,555
  • Jan 1, 2018 9:58am Jan 1, 2018 9:58am
Quoting F.g
{quote} mate, WHO built the EU...? For your information it was built with Washington's instructions and orders...
good point also. Effectively post WWII EU is a US colony.
  • #1,139,556
  • Jan 1, 2018 9:58am Jan 1, 2018 9:58am
Quoting MXT
{quote} you're quite right Davit , it' s quite a flimsy idealistic currency union . But that's how things work in Europe . Just take a look at German politics . They had the Chancellor elections in September . Was there an outright , straightforward result ? No . Coalition politics needs to rescue Merkel's half victory. The Euro is the mirror of how things work in Europe , it's the result of pan-European coalition politics . So if you think that in 10 yrs time max the Euro will no longer be there , you should take into account that is was built...
Or shit hits the fan and Germany wants out and whole thing collapses.There are obvious signs. ECB is pumping billions and yet no inflation and marginal employment boast.Realistically at some point which is near things just might implode out of control.
Nobody thought soviet union would collapse either and it did rather faster then anyone imagined.
In trading, you have to be defensive and aggressive at the same time
  • #1,139,557
  • Jan 1, 2018 10:02am Jan 1, 2018 10:02am
Quoting asgcorp
{quote} good point also. Effectively post WWII EU is a US colony.
Yeap mate... Things are that simple...
  • #1,139,558
  • Jan 1, 2018 10:13am Jan 1, 2018 10:13am
Quoting Bionics
Tell me the past, and I will know the future. Konfuzius my name is Michael and I am pleased to be at Forex Factory. Unfortunately, my English language skills are not optimal, but I hope you understand me. I've been following Forex Factory for over 2 years and I like the biggest forum in the world. I would like to start with an interesting story: Helmut Kohl (Federal Chancellor 1992-1998) once said: "Who does not know the past, can not understand the present and shape the future." Looking at the history of the EURUSD over the last 47 years, one could...
Nobody is holding positions in forex for years.While your chart may look convincing it does not work in reality.
regards
In trading, you have to be defensive and aggressive at the same time
  • #1,139,559
  • Jan 1, 2018 10:14am Jan 1, 2018 10:14am
Quoting Davit
{quote} Or shit hits the fan and Germany wants out and whole thing collapses.There are obvious signs. ECB is pumping billions and yet no inflation and marginal employment boast.Realistically at some point which is near things just might implode out of control. Nobody thought soviet union would collapse either and it did rather faster then anyone imagined.
definitely , no such thing as a sure thing . The Euro is no sure thing either . The Euro collapse has been a theme running on and on and on . Grexit , Greece was on the brink of exit . Then Nexit (Netherlands Exit). Had Marine Le Pen won the Elections , she would have threatened Frexit .

Then Brexit took place , but the Euro is still there .

So there still is the likelihood of a Euro collapse , but that's no slam dunk either and the Euro could go on kicking the can down the road
  • #1,139,560
  • Jan 1, 2018 10:31am Jan 1, 2018 10:31am
Quoting Davit
{quote} Or shit hits the fan and Germany wants out and whole thing collapses.There are obvious signs. ECB is pumping billions and yet no inflation and marginal employment boast.Realistically at some point which is near things just might implode out of control. Nobody thought soviet union would collapse either and it did rather faster then anyone imagined.
Mate, Germany wants out...??? WHY ??? For what reason ?

Germany will engulf all other states in Europe . It will be the OWNER of all Europe soon. It allready is . Nothing will implode . Only unforeseen grand scale events can alter this situation .
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F.g