Make all possible mistakes in demo and rain in pips in live account
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Disliked{quote} Swing traders have long and strong rope to escape with their profit in their long positions when the US politicians decisions decide otherwiseIgnored
Disliked{quote} Swing traders have long and strong rope to escape with their profit in their long positions when the US politicians decisions decide otherwiseIgnored
DislikedI've been adding mini lot shorts every 10 pips from open, worked well so far. I plan to close as close to 1.224 as I can though if it doesn't go through it.Ignored
DislikedYou guys are aware of what has transpired right,,,,,. Adding any shorts before seeing if last weeks high holds may just be adding a little liquidity to the market , then any before 1.24 could be futile ,,,,,,,,, just a different view ,,,,,,look at the bigger picture . {image}Ignored
Disliked{quote} What do you suppose will happen if they pass funding in a few hours though? Why would it test last week's high?Ignored
Disliked{quote} How far can price run in a few hours or untill something is passed if it is going to be passed ? ,,,,,, hasent broke a swing low or high as of yet ,but its much closer to breaking the high with viable tgts above ,,,,,,,and in an uptrend,,,, should at least warrant a cautious out look of adding to shorts or shorting till at least a swing low is broke ,,,,,, or the news is known ,,,,,,,,,, my 2 cents {image}Ignored
DislikedThe pair starts the week with a bullish gap, but still trading within a close range between 1.22 to 1.23. Because US government shut down, we are looking at weaker and more vulnerable dollar.Ignored
QuoteDislikedAnother very important development that could have great effect on Euro.
https://www.cnbc.com/2018/01/19/a-ge...is-sunday.html
A crucial German vote this Sunday is seen as the key near-term driver for euro/dollar
If SPD rejects coalition government this sun expect Euro to open lot lower and despite of US shutdown which in my opinion is minor event.
Ulrich Leuchtmann, head of FX and EM Research at Commerzbank, said Friday that Sunday's decision has the potential to move the euro in either direction.
"Rejection threatens to lead to either a minority government in Berlin or to new elections. Both are not good for the euro simply because they would create uncertainty," he said via email.
"More importantly, however, the GroKo (grand coalition) would probably be euro-positive because this constellation could represent the greatest degree of Germany's support for the French president's European initiative among all conceivable political constellations in Berlin."
Leuchtmann said he could not forecast a result but that SPD delegates are normally "well-behaved party soldiers" who follow the leadership.
In a note Thursday, Morgan Stanley's European FX team wrote that Sunday's vote is the "key potential near-term risk" for unwinding the recent upward run for the euro.
It said a rejection of the deal could see the euro slip back down towards $1.17. Assuming a vote to pursue coalition talks is achieved, Morgan Stanley calls upside resistance at $1.23.
Well I would welcome SPD to reject!
DislikedI've closed all shorts above for now, consolidating. Will open more on decisive move down, but it could retest 1.224 now (good area for more shorts).Ignored
Disliked{quote} Thanks. I'll continue to trade price regardless because I like lots of money. Weaker? Good, I'll make money. Stronger? Good. I'll make money. Neither weak or strong...good, I'll make money. I'll make money as long as I'm a disciple of price regardless of the US shutdown malarkey. I don't actually think it's a bullish gap to be honest. Bullish gaps for me are runaway gaps. ----------------------------------------------------------------------------------------------------------------- Shamelesssly taken from Davits Pivot Trading thread: {quote}...Ignored
Disliked{quote} Ha ha...Eat a dick, buddy, eat 12 inches. There are no HGs that I'm aware, just blood, sweat and tears...then diamonds if one perseveres.Ignored
Disliked{quote} Day trading ok. For swing traders we have to hold on USD bears which was already in place till negotiations give further directionIgnored