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  • #23,221
  • May 25, 2018 10:30am May 25, 2018 10:30am
it's time for a long position considering the price has reached the area of fresh demand in tf weekly
The Average Discount Everything
  • #23,222
  • May 25, 2018 10:32am May 25, 2018 10:32am
Quoting rattyo
{quote} nobody knows basit1 it's an educated guess
I hope it does retrace to at least 1.1790 or plus. Still holding buys.
  • #23,223
  • May 25, 2018 10:35am May 25, 2018 10:35am
Quoting pkimnyc
{quote} All good, mate. Last euro trade to the upside was a bit frustrating, but I'm glad it's over and done now. I can finally relax over the weekend. cheers. /r
I short it since the breakout, caught the very top of it and traded out early (dammit!)
Been shorting it ever since
Last big trade to the upside was the bullrun last year, predicted 1.25 and traded out 1.20.
The EUR/USD has been very kind to me. Wasn't always the case, but we finaly get along.
I'm still very focused on the Yen pairs though.
you are not expected to understand this
  • #23,224
  • May 25, 2018 10:40am May 25, 2018 10:40am
Quoting Maxjoy
Guys, this aint messaging board! Please use PM to catch up. Hope it make sense...?! pkimnyc Joined Oct 2007 | Status: Sniper | 14,578 Posts Quoting Teek {quote} Hey mate All nice and easy here. How's it, all good? All good, mate. Last euro trade to the upside was a bit frustrating, but I'm glad it's over...
I love you Max, take it easy. I have to look at 274 Max Pain posts throughout the day and I still love you.
Be nice. relax.. Max
you are not expected to understand this
  • #23,225
  • May 25, 2018 10:41am May 25, 2018 10:41am
first test 1.1680 ... to be good when candle close above 1.1680
The Average Discount Everything
  • #23,226
  • May 25, 2018 10:42am May 25, 2018 10:42am
Six weeks, red on top. It would not have been so if European bankruptcy.
The new week must be green
  • #23,227
  • May 25, 2018 10:44am May 25, 2018 10:44am
Quoting Maxjoy
Guys, this aint messaging board! Please use PM to catch up. Hope it make sense...?! pkimnyc Joined Oct 2007 | Status: Sniper | 14,578 Posts Quoting Teek {quote} Hey mate All nice and easy here. How's it, all good? All good, mate. Last euro trade to the upside was a bit frustrating, but I'm glad it's over...
Sorry...
  • #23,228
  • May 25, 2018 11:16am May 25, 2018 11:16am
expecting new lows below 1645. holding shorts
  • #23,229
  • May 25, 2018 11:34am May 25, 2018 11:34am
Quoting pkimnyc
As for the members criticizing longs: Each has their own reasons to take positions. Sometimes we are the wrong side and ends up with losing trades. Nobody wins all the time in this business, hence we place stops. There are other opportunities. A couple of losing trades are not gonna make a big difference. Hope this makes sense and let's move on. /r
....Hey pKimnyc, long time no see you, nice to see you here man, this is a good thread, hope all well sir. family and all...
The Chonchy
  • #23,230
  • May 25, 2018 11:38am May 25, 2018 11:38am
15 min up channel above red buy. Breaking below the channel trend line sell. Sell from 710 ideal.
  • #23,231
  • May 25, 2018 11:43am May 25, 2018 11:43am
Little analysis on US Durable Goods Orders data:

The data was quite positive. Core durable orders was expected 0.5 and came as 0.9. Also previous data has been revised from 0.1 to 0.4. More importantly, the portion which goes to GDP was 0.8 instead of the expected 0.4. We can see a surprise in GDP which will be announced on Wednesday 30th. The expectation is same 2.3% value and we can see a value around 2.5%.
Position Trader
  • #23,232
  • May 25, 2018 11:47am May 25, 2018 11:47am
Quoting basit1
{quote} How do you know that the price will retrace to 1.1880?
Exactly how the way i called the low today. Gann. Wait and see, my friend. I might be wrong...

All good
  • #23,233
  • May 25, 2018 11:50am May 25, 2018 11:50am
Quoting lars
{quote} Exactly how the way i called the low today. Gann. Wait and see, my friend. I might be wrong... All good
Notice also that i have the timing.. No showoff, just trying to inspire research..
  • #23,234
  • May 25, 2018 11:57am May 25, 2018 11:57am
Little update on Italy. The upcoming Prime Minister Conte is preparing his cabinet list. As you would remember two populist parties M5S and Lega have agreed on coalition and Prime Minister will be a lawyer with no experience in politics, Conte, It is expected that he will be highly influenced by M5s and Lega leaders.

Also it is expected that he may assign Paolo Savona for the Ministry of Economy. He was an economist who was criticizing Euro continuously. For a moment its only a speculation but tensions in Euro are increased after he left Euklid Fund two days ago where he was Director. It's been announced by Euklid that he was released for significant public commitments in Italy.
Position Trader
  • #23,235
  • May 25, 2018 12:07pm May 25, 2018 12:07pm
Short from 1.1674. SL 1.1689 TP Open.

Edit: Happy weekend all!
Position Trader
  • #23,236
  • May 25, 2018 12:12pm May 25, 2018 12:12pm
ECB not ruling out tapering of assets purchase in June, bears be careful
  • #23,237
  • May 25, 2018 12:18pm May 25, 2018 12:18pm
Quoting rajancr
i think this two entries are perfect. if happen against me, i just accept the SL hit, and tolerate with my moneymanagement {image}

Attached Image (click to enlarge)
Click to Enlarge Name: t8.JPG Size: 46 KB
  • #23,238
  • May 25, 2018 12:57pm May 25, 2018 12:57pm
Quoting rattyo
{quote} nobody knows basit1 it's an educated guess
Ok =)
  • #23,239
  • Edited May 26, 2018 12:15am May 25, 2018 1:04pm | Edited May 26, 2018 12:15am
Bear flag breaks - projected tgt -1.1635

EDIT - Bear flag break played nicely, but momentum interrupted by marked close - tgt still open.
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #23,240
  • May 25, 2018 1:17pm May 25, 2018 1:17pm
... https://www.forexfactory.com/showthr...1#post11099131
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDH4 pt III.png Size: 59 KB
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