weekly 50% fib level holding nicely
- #25,085
- Edited 5:26am Jun 13, 2018 5:00am | Edited 5:26am
- Joined Oct 2017 | Status: Follow the Order Flow! | 1,073 Posts
I'm buying what UR selling guys 
SL tight, TGT = 1.1775 - we need to fill the VT.
EDIT: SL=BE
SL tight, TGT = 1.1775 - we need to fill the VT.
EDIT: SL=BE
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
- #25,086
- Jun 13, 2018 5:01am Jun 13, 2018 5:01am
- Joined Dec 2015 | Status: Trader | 14,259 Posts
Ok, the consumer inflation (PPI) in 30 minutes might be muted by the hike ...or not.
But the hike release moment - even an already consumed done deal non-event - will be followed by the people selling like robots!
Therefore, is very probable the first spike down...
Then wild spikes according to the Powell fairytales and stories at press conference...
Then the Institutional Sharks will come by and set the things "right" ...that could mean anything ...too much for me.
So, I'll get my popcorn and liquor and just watch the fireworks
Stay cool, stay calm, stay safe, bros!
But the hike release moment - even an already consumed done deal non-event - will be followed by the people selling like robots!
Therefore, is very probable the first spike down...
Then wild spikes according to the Powell fairytales and stories at press conference...
Then the Institutional Sharks will come by and set the things "right" ...that could mean anything
...too much for me.So, I'll get my popcorn and liquor and just watch the fireworks
Stay cool, stay calm, stay safe, bros!
Member
- #25,087
- Jun 13, 2018 5:04am Jun 13, 2018 5:04am
Ok, the consumer inflation (PPI) in 30 minutes might be muted by the hike ...or not. But the hike release moment - even an already consumed done deal non-event - will be followed by the people selling like robots! Therefore, is very probable the first spike down... Then wild spikes according to the Powell fairytales and stories at press conference... Then the Institutional Sharks will come by and set the things "right" ...that could be mean anything
Now that is experience. My SENSEI.
- #25,089
- Jun 13, 2018 5:07am Jun 13, 2018 5:07am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
I will express my personal view on Vote topic, no one needs to agree w/Me on that! I have already voted - Against watering down this thread. We already have general EURUSD thread and many others concerning different crosses and trading aproaches. This is the reason I read this one, not the other. "Democracy" is not always the best way - imagine a democracy in a corporation or a firm - LOL. Everything needs structure! For that and other reasons, I have already dedicated my prime time to post at a local paid forum where Pro's discuss daily business....
I seriously did not want to cause any trouble or discussion or whatever...
I just said that it's f*ckin hard to discuss a market without ever mentioning the driving factors behind it.
I take a trade, people look at different timeframes, and I can't explain my thought process behind it.
If I say something about Treasuries, Futures, Stocks, which are the driving factors, or even mention direct correlations with other pairs, I get disliked.
We are trading a currencie against another currencie, both of these currencies stand against many other currencies where they continuously gain or lose strength and driving factors like an Italian Bonds market crash can not even be pointed out even if it causes a drop of 600 pips on the EUR/USD.
That's what I am talking about.
It is not in my interest to post any other chart than EUR/USD in here, or maybe a USDX chart occasionaly.
Never did, never will. But I'm a currencie trader, not a "drying paint in vacuums" trader.
It is damn important to know when the Euro gains strength even if it doesn't move against the USD, to know where it comes from, and not being able to mention it, makes no sense.
The soul intention as far as I remember when Ata started this thread was to have a trollfree area for productive discussion on the Euro / Dollar.
Since when is it possible to discuss the trading of two leading currencies against eachother in a vacuum?
Nobody is talking abot posting GBP charts, or Yen charts, or Futures charts or whatever...
It is Ata's thread. Ata makes the rules, I respect these rules.
From now on I will post charts, if I post, and nothing else.
Jeeeesas f*ckin Christ, f*ckin nonsense...
and now F*ckin FED! Come hike this damn shit so your freak bubble gets a damn scratch and money flows into cash, causing the damn dollar to fly and the damn idiot Euro to behave like it's CORRELATING PAIRS DO ALREADY!!!!
AAAAAAAARRRRRG I need sugar
you are not expected to understand this
- #25,094
- Jun 13, 2018 5:21am Jun 13, 2018 5:21am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
Wait and watch!!!
Only thing that could happen is: "nope, no hike", which would make things really really interesting
you are not expected to understand this
- #25,095
- Jun 13, 2018 5:21am Jun 13, 2018 5:21am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote} Nope, very small chances. Considering the circumstances in the USA. And off course Yellen is no more here to do the unexpected.
if they don't your TP should be about 1.20 lol
- #25,096
- Jun 13, 2018 5:25am Jun 13, 2018 5:25am
- Joined Dec 2015 | Status: Trader | 14,259 Posts
{quote} Now that is experience. My SENSEI.
Member
- #25,097
- Jun 13, 2018 5:29am Jun 13, 2018 5:29am
{quote} there is something like a 90% chance they will hike... if they don't your TP should be about 1.20 lol
Already have my SL to BE no worries. Sitting back and watching games of thrones.
- #25,099
- Jun 13, 2018 5:35am Jun 13, 2018 5:35am
{quote} You wanna make me feel embarrassed, right?
No man, I do take your posts very seriously. Including Teek , Ata, and others.
You guys are assets here. All of you provide a different expertise. And I am learning from you guys.
Respect.