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  • #1,139,781
  • Jan 12, 2018 12:49am Jan 12, 2018 12:49am
Quoting KeenPips
You are so certain! Could you tell us why you think so? KP {quote}
It might not have gone down yesterday but it will the 20s are risky, the price must be kept around the 19s but before the always good US data comes in the price must be pushed up before the data gets released so that when the news comes in it will go back to the 19s. So today it will go back down to the 19s and than before 1pm it will go up and than when all the US data is released it will start reversing back.

A lot of spending occurred in December in the US so demand has increase, when there is to much demand the price must be pushed up because supply will not meet demand economics 101. I stand to be corrected between 10am and 12am today will be the answer.

Demand will reduce as we go further into January and in to February than the price must go back down so that supply can be met.

If this does not work than I give up. This is pretty logical to me. I repeat I still stand to be corrected.
  • #1,139,782
  • Jan 12, 2018 1:45am Jan 12, 2018 1:45am
This is the up before the EU news now at 10am because the data will be bad and the price will need to go down.
  • #1,139,783
  • Jan 12, 2018 3:28am Jan 12, 2018 3:28am
I understand your point mate. But we are here to help one another imho. My point is that you should avoid being dogmatic in your analysis. Nothing is certain, nobody can predict market behaviour with certainty. We deal with probabilities. If you understand this and agree with it, incorporating alternative scenarios in your analyses and forecasts, you would achieve greater success as a trader. Just my 2 cents.

Trade safe and prosper.

KP

Quoting Earst
{quote} It might not have gone down yesterday but it will the 20s are risky, the price must be kept around the 19s but before the always good US data comes in the price must be pushed up before the data gets released so that when the news comes in it will go back to the 19s. So today it will go back down to the 19s and than before 1pm it will go up and than when all the US data is released it will start reversing back. A lot of spending occurred in December in the US so demand has increase, when there is to much demand the price must be pushed up...
Do your homework, follow the footprints of smart money
  • #1,139,784
  • Jan 12, 2018 3:42am Jan 12, 2018 3:42am
Quoting Jonstaples
{quote} I fully agree with your assessment. I think the smart money got mostly load yesterday to the short side and since we are near a top we should go down under with or without ECB. I added another short near the 10-day moving average and I'm not closing none of them today. Option expiries of note for today's 15:00 GMT: EUR/USD: 1.1960 (275M), 1.2000 (660M)
Well we cant win them all.

EUR/USD is extending gains fire up by hawkish December ECB minutes, with added impetus coming from news of an advance in Germany to form a grand coalition Government. The currency pair showed little resistance this time at 2017 high 1.2092 top or the psychological 1.2100 level with layered macro bids propelling the pair to a about 1.2130 high (best since December 2014). Technical studies show a bullish target 1.2169, but ultimately the charts signal 1.2350 and 1.2430 (200 Monthly MA) as the next major objectives.
  • #1,139,785
  • Jan 12, 2018 3:47am Jan 12, 2018 3:47am
Quoting Jonstaples
{quote} Well we cant win them all. EUR/USD is extending gains fire up by hawkish December ECB minutes, with added impetus coming from news of an advance in Germany to form a grand coalition Government. The currency pair showed little resistance this time at 2017 high 1.2092 top or the psychological 1.2100 level with layered macro bids propelling the pair to a about 1.2130 high (best since December 2014). Technical studies show a bullish target 1.2169, but ultimately the charts signal 1.2350 and 1.2430 (200 Monthly MA) as the next major...
Excellent fundamental assessment, Jon!
I guess the next shake will come with the US important inflation data later today.
Member
  • #1,139,786
  • Jan 12, 2018 4:16am Jan 12, 2018 4:16am
Quoting TudorIoan
{quote} Excellent fundamental assessment, Jon! I guess the next shake will come with the US important inflation data later today.
With all the USD reports being bad yesterday, what do you expect from today's news? i expect them to be bad too.
  • #1,139,787
  • Jan 12, 2018 4:30am Jan 12, 2018 4:30am
Quoting honesttrader
{quote} With all the USD reports being bad yesterday, what do you expect from today's news? i expect them to be bad too.
PPI yesterday is not everything!

The FOMC usually pays more attention to the Core data!
And spending (Retail Sales) is an important economic figure... we'll see ...the game is not over yet.

The last chance of the USDollar is the inflation and spending reports today!
...really last chance! ...before euro will totally slaughter the dollar, euro rising to historical highs next days!
Member
  • #1,139,788
  • Jan 12, 2018 4:39am Jan 12, 2018 4:39am
Quoting TudorIoan
{quote} PPI yesterday is not everything! The FOMC usually pays more attention to the Core data! And spending (Retail Sales) is an important economic figure... we'll see ...the game is not over yet. The last chance of the USDollar is the inflation and spending reports today! ...really last chance! ...before euro will totally slaughter the dollar, euro rising to historical highs next days!


I see the possibility of games being played here,

everyone is watching the usdx and believing in the worst, so for that reason i believe that we will see good news tonight,

then there are the games that the big boys play, pitting the EUR against the USD,
as someone mentioned earlier today.

Time to stand aside me thinks
  • #1,139,789
  • Jan 12, 2018 4:59am Jan 12, 2018 4:59am
Long term buy.

plenty pips to all
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Follow the Flow and Grow
  • #1,139,790
  • Edited 7:13am Jan 12, 2018 5:03am | Edited 7:13am
Quoting Dingoman-two
{quote} I see the possibility of games being played here, everyone is watching the usdx and believing in the worst, so for that reason i believe that we will see good news tonight, then there are the games that the big boys play, pitting the EUR against the USD, as someone mentioned earlier today. Time to stand aside me thinks
Do yourself a favor, my friend. Stop being haunted by conspiracy chimeras. You'll feel much of a free spirit and a smart person
Give away thoughts like big boys conspiracy, crooked central banks, stoploss hunting, rigged games, broker cheating and whatnot
Just take the news as they are and follow the crowd ...don't forget about TA and statistics
This is the best you can do in your way to happiness ...believe an old crook
Member
  • #1,139,791
  • Jan 12, 2018 5:10am Jan 12, 2018 5:10am
Quoting TudorIoan
{quote} Do yourself a favor, my friend. Stop being haunted by conspiracy chimeras. You'll feel much of a free spirit and a smart person Give away thoughts like big boys conspiracy, crooked central banks, stoploss hunting, rigged games, broker cheating and whatnot Just take the news as they are and follow the crowd ...don't forget about TA and statistics This is the best you can do in your way to happiness ...believe and old crook

45 years as a national union delegate conspiracy is what the best part of my life has been all about,

but you are right i need to break away from this way of thinking,

Great advise

  • #1,139,792
  • Jan 12, 2018 5:16am Jan 12, 2018 5:16am
Quoting Dingoman-two
{quote} 45 years as a national union delegate conspiracy is what the best part of my life has been all about, but you are right i need to break away from this way of thinking, Great advise
Organised crime is everywhere, true. But they don't need to trick us here.
We're only fkn ourselfs, because the most of us are degenerated gamblers, nothing more
Big Guys don't need to cheat here, ...we're only cheating ourselfs!
Most of us - including me - just need more education. Period
Member
  • #1,139,793
  • Jan 12, 2018 5:19am Jan 12, 2018 5:19am
Quoting TudorIoan
{quote} Organised crime is everywhere, true. But they don't need to trick us here. We're only fkn ourselfs, because the most of us are degenerated gamblers, nothing more Big Guys don't need to cheat here, ...we're only cheating ourselfs! Most of us - including me - just need more education. Period
https://next.newsimpact.com/NewsWidget/Live


Corporations are bad news for the average blue collar worker
  • #1,139,794
  • Jan 12, 2018 5:23am Jan 12, 2018 5:23am
Quoting Dingoman-two
{quote} https://next.newsimpact.com/NewsWidget/Live Corporations are bad news for the average blue collar worker
What? That's life! That's life in this Universe. Capitalism is bad for the producers, Mr. Union Man! we all know that!
...........................but.
Let's start from the bottom!
Pelase, here's some gooood education:
Inserted Video
Member
  • #1,139,795
  • Jan 12, 2018 6:39am Jan 12, 2018 6:39am
Quoting TudorIoan
{quote} What? That's life! That's life in this Universe. Capitalism is bad for the producers, Mr. Union Man! we all know that! ...........................but. Let's start from the bottom! Pelase, here's some gooood education: https://www.youtube.com/watch?v=dIuaW9YWqEU

TudorIoan dont take
offence my friend

There is a lot of truth in the clip you posted my friend,
but in the realty of today's workers, big businesses here in Australia are well and truly being under paid,
this is why, there are 3 levels of income we all know about,
low income earners, mid income earners, high income earners,

for the past 20/30 years the low income earners were the one's struggling to get ahead (just ask the older members of your family) but they were always able to keep there heads above water and survive reasonable well,
to day this same group of people are now living at or below the poverty line.

The mid income earners were much better of back then,
but they are now they are the struggling one's, just like the low income earners were before them,

I can go on for hours about the in- justices's that big businesses has done over the years to the little guys,

But the truth is that they make very small moves against the work force, and over time the free income that we had in our pays are not as great as they were back in the 70's, not even close,

In fact 6% of the Australian work force has been able to keep there incomes at the same pace as the inflation figure's (cpi)
union members, other have had there incomes continually reduced by small percentages over time,

ever one else is getting ripped of and it is getting worse by big bushiness.

and unless people get to see and experience life in the bigger picture, instead of what is happening to then as individuals,
the they are not going to be able to see past there nose.

immigration is only increased by big business bulling the politicians into making these changes so as they can get a cheaper work force competing against the higher paid, (driving down incomes)


Wow sorry man i had better stop this is a discussion that live's in every fiber of my body,
and my beliefs will go to the grave with me.

Brian Dingomman-2

  • #1,139,796
  • Jan 12, 2018 6:52am Jan 12, 2018 6:52am
Quoting Dingoman-two
{quote} TudorIoan dont take offence my friend There is a lot of truth in the clip you posted my friend, but in the realty of today's workers, big businesses here in Australia are well and truly being under paid, this is why, there are 3 levels of income we all know about, low income earners, mid income earners, high income earners, for the past 20/30 years the low income earners were the one's struggling to get ahead (just ask the older members of your family) but they were always able to keep there heads above water and survive reasonable well,...
History will reapet itself. Jesus' rage in the temple will continuously always go on! ...getting in our way, in our business
Ok, let's continue on private mess if you want, we occupy too much space here.
...and people really trading here, does not just philosophize on trading
Member
  • #1,139,797
  • Jan 12, 2018 7:19am Jan 12, 2018 7:19am
Quoting KeenPips
I understand your point mate. But we are here to help one another imho. My point is that you should avoid being dogmatic in your analysis. Nothing is certain, nobody can predict market behavior with certainty. We deal with probabilities. If you understand this and agree with it, incorporating alternative scenarios in your analyses and forecasts, you would achieve greater success as a trader. Just my 2 cents. Trade safe and prosper. KP {quote}
True point taken but I see a lot of people posting numbers I assumed this is how we work in the website and then when someone asks for a explanation of why I think so I give them a clear answer not a thumb suck or guess work, logical answer not to mislead but to try and get to the point or help, so when I say Buying in the 20s is risky am I mistaken? its unclear at the moment, I am actually encouraging to move away from the graph work to the news because at the moment graph work is not corresponding, so I put the time and the number purposely, I narrow it down to 2 possibilities at that particular time, but me not putting a disclaimer is very reckless, so my bad but guys the news is important right now, I find it hard to just believe I need logic, unless its religion. The graph is just too elusive for my liking its like dribbling away from us when you think you have it it goes the other way unless its very clear for everyone, its like it tricks us purposely, its like chess moves. But I will definitely take your advise I am still learning.
  • #1,139,798
  • Jan 12, 2018 7:28am Jan 12, 2018 7:28am
Very good mate.

Trade safe and prosper.

KP

Quoting Earst
{quote} True point taken but I see a lot of people posting numbers...But I will definitely take your advise I am still learning.
Do your homework, follow the footprints of smart money
  • #1,139,799
  • Jan 12, 2018 8:18am Jan 12, 2018 8:18am
Selling here 1.21300 aim 1.20
  • #1,139,800
  • Jan 12, 2018 8:37am Jan 12, 2018 8:37am
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