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  • #8,961
  • Jan 12, 2018 8:08am Jan 12, 2018 8:08am
Quoting Ata-Turkoglu
They better lower the worth of EURO... USA is smart.. letting EU look like winning while they have advantage of exporting their own products now.. still winning by pretending you are losing.. Stay Green

Just like winning an argument by loosing

Man we think a like

  • #8,962
  • Jan 12, 2018 8:08am Jan 12, 2018 8:08am
Weak pull back i think. Could be wrong.
  • #8,963
  • Jan 12, 2018 8:11am Jan 12, 2018 8:11am
Quoting Ata-Turkoglu
They better lower the worth of EURO... USA is smart.. letting EU look like winning while they have advantage of exporting their own products now.. still winning by pretending you are losing.. Stay Green
Yeah, from what I can see US will get advantages of tax cut AND the currency is still really undervalued given the tax cuts will happen (US dollar index).

The Euro business will slow from US having tax cuts and Europe not having them. AND the Euro will start to be affected by their high currency to top it all off. So I agree with you and I think personally we are nearing a "cycle extreme" - but we shall see because the rational longer than you can stay solvent thing always applies! haha.
  • #8,964
  • Jan 12, 2018 8:12am Jan 12, 2018 8:12am
the way again to test 1.2080 and 1.2045
  • #8,965
  • Jan 12, 2018 8:15am Jan 12, 2018 8:15am
Quoting johnvr
{quote} How can you short at 2144 and have stop at 2137?? Not possible.
Absolutly yes.
you can move your SL to have BE or little profit .
Not you ?
  • #8,966
  • Jan 12, 2018 8:16am Jan 12, 2018 8:16am
Quoting forexlover20
the way again to test 1.2080 and 1.2045
Agreed, but looks like its not going to happen today, maybe next week...
  • #8,967
  • Edited 8:30am Jan 12, 2018 8:16am | Edited 8:30am
This was a well executed campaign to get it above 1.21 (the gap from back in Dec 2014). They first moved it after on WED. when market had no news. Then on Thurs with what was good news for USD the Fed balance, they pushed it up hard, really hard, to let the small player know this is a big fish on the line. Today they just came in a bought till the algo's kicked in and here we are. A bull market flying towards the sun on wax wings. I had shorts, stopped at 1.2111.

Of course this is poppycock to the Random Walk players who believe are markets are random. I pity those poor fools, they are the addicted gamblers that provide a steady income to the casino, traders who understand probabilities.

Attached Image (click to enlarge)
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Ecclesiastes 1:9
  • #8,968
  • Jan 12, 2018 8:16am Jan 12, 2018 8:16am
My guess is that there is some low volume jumps to 1.21900 max, then down possibly. I'd guess stops that just got set by people will be run before it starts to get "taken down"... haha but who knows at this point right?
  • #8,969
  • Jan 12, 2018 8:21am Jan 12, 2018 8:21am
Quoting Neil0163
Weak pull back i think. Could be wrong.
we test 62% retracement of the last move;

I am stopped ! but I can jump again
  • #8,970
  • Jan 12, 2018 8:23am Jan 12, 2018 8:23am
This does not look like a pump and dump ...
  • #8,971
  • Jan 12, 2018 8:27am Jan 12, 2018 8:27am
The EURUSD will be forever valued at 1.22 by royal decree... haha LOL.

Sorry, having a slightly bad DD right now so a bit salty.
  • #8,972
  • Jan 12, 2018 8:31am Jan 12, 2018 8:31am
Quoting skillz16
The EURUSD will be forever valued at 1.22 by royal decree... haha LOL. Sorry, having a slightly bad DD right now so a bit salty.
Sorry to hear that man, I'm sure you'll be back with a vengeance soon enough
  • #8,973
  • Jan 12, 2018 8:34am Jan 12, 2018 8:34am
Quoting forexlover20
the way again to test 1.2080 and 1.2045


Double top 4 hour chart (to the pip) possible reversal here folks

a strong short week next week me thinksss

Screenshot 2018-01-12 22.31.40.png
Attached Image (click to enlarge)
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  • #8,974
  • Jan 12, 2018 8:39am Jan 12, 2018 8:39am
** REMINDER **: Monday is a USD bank holiday!
  • #8,975
  • Jan 12, 2018 8:42am Jan 12, 2018 8:42am
Quoting Mingary
This does not look like a pump and dump ...
“Difficult to see. Always in motion is the future” - Yoda

In my mind this looks like a mover looking to establish a trend direction for 2018 for Euro. So I agree, does not have the feel of pump and dump.
Ecclesiastes 1:9
  • #8,976
  • Jan 12, 2018 8:43am Jan 12, 2018 8:43am
Quoting newbegger
{quote} “Difficult to see. Always in motion is the future” - Yoda In my mind this looks like a mover looking to establish a trend direction for 2018 for Euro.
Price is such a timid creature
  • #8,977
  • Jan 12, 2018 8:45am Jan 12, 2018 8:45am
If it is like almost all other formations (for me), it is nearing a top. If it is like 6/26/2017 - 8/8/2017, I'll be in for some pain... haha

Where there was a "false SHORT, then restart" signal on 7/14-7/17.
  • #8,978
  • Jan 12, 2018 8:58am Jan 12, 2018 8:58am
For the last time I am trying to short with SL 1.2153.
If stopped I will stop the day
  • #8,979
  • Jan 12, 2018 9:00am Jan 12, 2018 9:00am
Highest Core CPI 3.0 News is not helping USD as CPI and Retail sales news are too poor. So wait until the price comes below 1.2110 again and remainder for all that Sunday French CPI news with good expectation is about to release again, so Monday price can jump off when trading opens....!!!
  • #8,980
  • Jan 12, 2018 9:01am Jan 12, 2018 9:01am
Quoting Mingary
This does not look like a pump and dump ...
Maybe the dump hasn't happened? I don't know
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