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  • #13,821
  • Feb 21, 2018 5:13am Feb 21, 2018 5:13am
Quoting tnbrkfc
{quote} tp_m.1: 1,22950
Closed : 1,23050

Good Luck

it is buy time
  • #13,822
  • Feb 21, 2018 5:13am Feb 21, 2018 5:13am
FILLED SL 2317.

13:18: sl @ be
  • #13,823
  • Feb 21, 2018 5:14am Feb 21, 2018 5:14am
Quoting Tradingwithw
85% chance of rate hike today...pretty much makes it a done deal. The analysts are saying that this rate hike is priced in but I disagree!! How can it be priced in when dollar has been falling since the beginning of the year thanks to Trumpy? If you're short the dollar, beware FOMC today... I'm short from 1.24918 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB


I think too eurusd is strong bearish before FOMC meeting time because The market's mental atmosphere is good for Future of the dollar.
1.2310 >> sl: 1.2370 / tp: 1.2215
Never despair
  • #13,824
  • Feb 21, 2018 5:20am Feb 21, 2018 5:20am
we are just above last accumulation phase from 2 weeks ago...massive buying showing. up we go sir
  • #13,825
  • Feb 21, 2018 5:20am Feb 21, 2018 5:20am
as long as trump in office, eu > usd lol
  • #13,826
  • Feb 21, 2018 5:22am Feb 21, 2018 5:22am
Wow, why the sudden turn to buying now?

All analysis points to a sell and most talk has backed this up but why the sudden change to a buy?

(I'm a noob so asking to see the reasoning to learn as I can't see it)

Thanks
I play the trade gamble to feed my Porsche addiction.
  • #13,827
  • Edited 5:36am Feb 21, 2018 5:25am | Edited 5:36am
Quoting Starcraftmaz
{quote} Huh? There is no rate decision tonight nor this week. Also, keep your political opinions out of the thread.
This, the first rate hike try should be in March, 28 days ish from now, today is supposed to be just talking about the number of times hikes may happen this yea, reasons for more or less, and general economy stuff
  • #13,828
  • Feb 21, 2018 5:25am Feb 21, 2018 5:25am
Quoting cloudypips
as long as trump in office, eu > usd lol
Tough to say. In Davos, the same day Mnuchin said the US plans to follow a weak USD strategy, Trump came out a few hours later and said he will make the USD stronger. I am sure Trump was just bluffing, but who knows.

You are right about the area though. This area around 1.23 seems to have had a lot of importance recently. Definitely a daily flip area.
  • #13,829
  • Feb 21, 2018 5:25am Feb 21, 2018 5:25am
Still short. Sl is actually be-1. Changed from soft to hard sl.

13:30: NOW @ BE+1 HARD
  • #13,830
  • Feb 21, 2018 5:26am Feb 21, 2018 5:26am
Quoting M3csl
Wow, why the sudden turn to buying now? All analysis points to a sell and most talk has backed this up but why the sudden change to a buy? (I'm a noob so asking to see the reasoning to learn as I can't see it) Thanks
In a huge daily flip area. But there is no "sudden turn to buying", price has just shot up 13 pips or so and back down 5 from that as I type this.

To me it looks like a fight between bulls and bears that will probably not be truly solved until after FOMC.
  • #13,831
  • Feb 21, 2018 5:30am Feb 21, 2018 5:30am
...waiting for a catalyst ... this pair is currently tight, waiting for a break-out

Attached Image (click to enlarge)
Click to Enlarge Name: Image 5.jpg Size: 33 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #13,832
  • Feb 21, 2018 5:38am Feb 21, 2018 5:38am
Stopped BE+1. That was fun in an otherwise pip rich but bored to death morning! Cheers Ata for the red rag challenge.

Continuing to look for short entries until trend reversal confirmation via HH & HL.
  • #13,833
  • Edited 5:54am Feb 21, 2018 5:42am | Edited 5:54am
Quoting Starcraftmaz
{quote} Huh? There is no rate decision tonight nor this week. Also, keep your political opinions out of the thread.
Ah, I meant 21 March not 21 Feb. Corrected, thank you.

What was political about my post?
  • #13,834
  • Feb 21, 2018 5:46am Feb 21, 2018 5:46am
Quoting mbrown
Stopped BE+1. That was fun in an otherwise pip rich but bored to death morning! Cheers Ata for the red rag challenge. Continuing to look for short entries until trend reversal confirmation via HH & HL.
I got BE -1 today ...until now
But the 'frozen land' ahead Minutes shows that the spike will be violent when the time will come
My vola robots are ready for the Fed minutes today!
Member
  • #13,835
  • Feb 21, 2018 5:52am Feb 21, 2018 5:52am
Quoting TudorIoan
{quote} I got BE -1 today ...until now But the 'frozen land' ahead Minutes shows that the spike will be violent when the time will come My vola robots are ready for the Fed minutes today!
No problem bro. Making pips for you, me and others isn't an issue. I'll probably give the fed' minutes a miss and focus on the consumption of beer.

HOWEVER, I expect you'll see 2575 after the minutes although I'd feel more confident if it goes between 2243-2287 first.
  • #13,836
  • Feb 21, 2018 5:56am Feb 21, 2018 5:56am
Hey gang i came across a website for EUR/USD that looked very useful. It lists various technical indicators in an easy to read format. The URL is - https://www.fxstreet.com/rates-charts/indicators

AT - i hope this doesn't violate the forum TOS.
Anyway, I really like this site. Best of luck!
  • #13,837
  • Feb 21, 2018 5:59am Feb 21, 2018 5:59am
Long based on this new indicator projection
Price action slowing at 200 SMA
stochs oversold getting ready to turn up
RSI turning up
Entry 1.23
Target 1.25
Stop 1.22
Attached Image (click to enlarge)
Click to Enlarge Name: New indi.png Size: 112 KB
  • #13,838
  • Feb 21, 2018 6:00am Feb 21, 2018 6:00am
Quoting TudorIoan
{quote} It could be a boring zig-zag until the Minutes though...

Hence chat here for entertainment purpose
Fundamental provide Volume, Technical shows Direction
  • #13,839
  • Feb 21, 2018 6:02am Feb 21, 2018 6:02am
Quoting M3csl
Wow, why the sudden turn to buying now? All analysis points to a sell and most talk has backed this up but why the sudden change to a buy? (I'm a noob so asking to see the reasoning to learn as I can't see it) Thanks
There's a old saying "bulls make money, bears make money, pig get slaughter"
Every individual have different opinion, different timeframe, different stratergy
Fundamental provide Volume, Technical shows Direction
  • #13,840
  • Feb 21, 2018 6:05am Feb 21, 2018 6:05am
Quoting tnbrkfc
{quote} Closed : 1,23050 Good Luck it is buy time
Probably it is time to short again...
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