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  • #9,821
  • Jan 21, 2018 9:17am Jan 21, 2018 9:17am
Quoting Ali.J
Is there anyone who shares the same vision?{image}
exactly my plan
  • #9,822
  • Jan 21, 2018 9:18am Jan 21, 2018 9:18am
Quoting MXT
{quote} impasse and minority coalition politics is in big fashion around the globe these days on a totally different level , just take a look at what's going on with the US gov shutdown : they basically find no way of agreeing on DACA , and the US gov shuts down with the house , the senate and the presidency controlled by the GOP a tiny minority is holding sway
The tiny minority you are referring too is the 9 democrat votes it takes to get to 60 in the senate to pass something right ,,,,,,,,,,,looks good for the liberal media to say its all the gop s fault ,,good narrative for them to push but lets be real ,they are nine short in the senate . If that is the tiny minority that you are referring too then yep your right . At any rate ,holidays being over the adr is creeping up and volatility is increasing and as traders the volatility increasing is whats needed to make some shekels in the eur/usd . 7 hours to mkt open,,, buckle up could be a wild week ,,,lets rock .
  • #9,823
  • Jan 21, 2018 9:26am Jan 21, 2018 9:26am
Quoting dab
{quote} I have no problem with you aiming for 1.19 or lower but would suggest your 1st target should be above the 1.1922 low from your chart, not below it as it's a likely support. Me, I'm short with multiple positions and will be taking some profits all the way down, however far it goes or add on the way up if it goes that way. Much will depend on German coalition decision. eg of likely scenario if price is dropping. Price reach 1.194 and bounce. If closed some at 1.194 then could partially replace (or fully if aggressive) at say 1.2040.
Yep, looking at a similar scenario where my first target of 1.1910 was just missed last time before it launched northwards - I'd scale there if reached.

..and I'll be playing it in a similar fashion where existing shorts will be scaled out and new entries added back in - but only really trading this pair short for the foreseeable future.
  • #9,824
  • Jan 21, 2018 9:35am Jan 21, 2018 9:35am
OK, vote has just passed:

pretty close, but the applaus lead to a wrong impression - they voted to continue the coalition talks.

Back to business now.
  • #9,825
  • Jan 21, 2018 10:41am Jan 21, 2018 10:41am
Quoting digger1
{quote} The tiny minority you are referring too is the 9 democrat votes it takes to get to 60 in the senate to pass something right ,,,,,,,,,,,looks good for the liberal media to say its all the gop s fault ,,good narrative for them to push but lets be real ,they are nine short in the senate . If that is the tiny minority that you are referring too then yep your right . At any rate ,holidays being over the adr is creeping up and volatility is increasing and as traders the volatility increasing is whats needed to make some shekels in the eur/usd...
exactly right , they won't get those 9 votes unless they yield on DACA

also , those 9 missing votes kind of represent a no-vote against Trump's Tax Overhaul which they deem as Deficit increasing and Trickle-down corporate-only economics
  • #9,826
  • Edited 11:25am Jan 21, 2018 11:13am | Edited 11:25am
Not so sure this time around ,,,,,,,,in the end tho does it really matter . The global financial structure with the advance of everything being electronically connected ,not just here but every where to put it in a simple illustration is like an upside down pyramid or a spinning top,,,,,,,, as more time passes the top of the pyramid gets wider and wider and the bottom stays the same ,,,,,,at some point in time the whole thing is gonna topple ,, nobody will be able to "kick the can down the road ",,,,wont be pretty when it does but it will be volatile Im sure ... Gonna be interesting watching this latest wobble play out in eur/usd,,,,,,and the wider the top gets the faster the whole thing has to spin to keep its balance or to keep the ebbs and flows on somewhat of an even keel
  • #9,827
  • Jan 21, 2018 11:28am Jan 21, 2018 11:28am
would be cool indeed , if it was an upside down pyramid

that's why governments hate Bitcoins LOL
  • #9,828
  • Jan 21, 2018 11:36am Jan 21, 2018 11:36am
Quoting MXT
would be cool indeed , if it was an upside down pyramid that's why governments hate Bitcoins LOL
Thats exactly why,,,,,,On my weekly chart Im viewing 2150 as kinda the line in the sand ,,,,,,,,higher is coming as long as 2150 -2096 holds it ,,,,,,,,if it dont it will just be figuring out what level is gonna attract the next round of buyers to test the latest highs ,,,,,,,, time will tell .
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  • #9,829
  • Jan 21, 2018 11:45am Jan 21, 2018 11:45am
The 50% level in above post comes from the eur/usd rise from 2001 to its high in 2008 in case anyone was wondering ..
  • #9,830
  • Jan 21, 2018 12:08pm Jan 21, 2018 12:08pm
The price now is 2265 according to xe.com
Upside gap
  • #9,831
  • Jan 21, 2018 12:25pm Jan 21, 2018 12:25pm
Quoting aarash
The price now is 2265 according to xe.com Upside gap
I'd expect more.. maybe a 100pips gap would be really serious
  • #9,832
  • Jan 21, 2018 2:07pm Jan 21, 2018 2:07pm
Quoting jusstin911
{quote} I'd expect more.. maybe a 100pips gap would be really serious
Few hours to go yet but Im sure even this will elicit a few,, oh crap,, exclamations if it holds ,,, when everybodys broker does open .
Attached Image (click to enlarge)
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  • #9,833
  • Edited 2:23pm Jan 21, 2018 2:08pm | Edited 2:23pm
following SPD yes vote , nice gap up looming

about 50 pips, 1.2270 area

yet another Merkel government taking shape
  • #9,834
  • Jan 21, 2018 2:17pm Jan 21, 2018 2:17pm
Quoting jusstin911
{quote} I'd expect more.. maybe a 100pips gap would be really serious
when traders awake and start to trade, price will go up.
  • #9,835
  • Jan 21, 2018 2:24pm Jan 21, 2018 2:24pm
Quoting Ata-Turkoglu
{quote} Thank you for your good intentions.. but not yet bro.. that image brings in random members every time page refreshes.. but still feels nice to have supportive friends like you.. thank you so much.. much appreciated.. Stay Green
When i saw bloomberg,,,eur already reach 1.2269
Even market still closed...is that valid info ?? Newbie here.... thx n stay green
  • #9,836
  • Jan 21, 2018 2:51pm Jan 21, 2018 2:51pm
Quoting digger1
{quote} Few hours to go yet but Im sure even this will elicit a few,, oh crap,, exclamations if it holds ,,, when everybodys broker does open . {image}
Which platform are you using, to see the pre-market candlesticks?
  • #9,837
  • Jan 21, 2018 2:56pm Jan 21, 2018 2:56pm
Do you guys think the gap will be closed today or this week?
  • #9,838
  • Jan 21, 2018 2:58pm Jan 21, 2018 2:58pm
Quoting ValentinoFx.
{quote} Which platform are you using, to see the pre-market candlesticks?
I use ensign charting, they start same time as Bloomberg if the time is set right,, and depending on the data provider you are using,, does give you,an extra 3 hour candle to sort thru on Sundays tho.
  • #9,839
  • Jan 21, 2018 3:04pm Jan 21, 2018 3:04pm
Quoting aarash
The price now is 2265 according to xe.com Upside gap
Yep... did rose a little more.. upside gap for sure..
Source: https://www.bloomberg.com/quote/EURUSD:CUR

Stay Green
Attached Image
Focus only on what truly matters!
  • #9,840
  • Jan 21, 2018 3:20pm Jan 21, 2018 3:20pm
Assuming this doesn't open above my stop, i will keep my sells open if it doesn't open above 2275. Else i close at small loss. If this does hit my target it would be the sickest thing they did so far this year. If i just get stop lossed, then i dodged one because it could have been much much uglier!
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