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EURUSD only

  • #26,701
  • Jun 28, 2018 7:32am Jun 28, 2018 7:32am
Pls, is it likely that price would test 1.7 ?
  • #26,702
  • Jun 28, 2018 7:32am Jun 28, 2018 7:32am
Quoting Pell
Pls, is it likely that price would test 1.7 ?
data are bad enough, so it could be...
If you do not know who you are, the Forex is the worst place to find you
  • #26,703
  • Jun 28, 2018 7:35am Jun 28, 2018 7:35am
Quoting skassacomput
{quote} data are bad enough, so it could be...
Thanks. My thought....
  • #26,704
  • Jun 28, 2018 7:37am Jun 28, 2018 7:37am
lolz. Jobless numbers are bad and GDP is really low... so time for the USD to strengthen right?

Sorry, just jaded at this point and blowing off steam.
  • #26,705
  • Jun 28, 2018 7:38am Jun 28, 2018 7:38am
Quoting skassacomput
{quote} data are bad enough, so it could be...

to me data is mixed ..i m side lined now . I dont trade NY sessions unless the trend is too strong.
Trades technical moves enforced by fundamentals
  • #26,706
  • Jun 28, 2018 7:40am Jun 28, 2018 7:40am
Quoting Pell
{quote} I tend to see a convergence on your RSI. could dt confirm d uptrend?
and we have it
  • #26,707
  • Jun 28, 2018 7:42am Jun 28, 2018 7:42am
Quoting Pell
Pls, is it likely that price would test 1.7 ?
Do not go heavy on NY sessions and maintain risk management. best wishes.
Trades technical moves enforced by fundamentals
  • #26,708
  • Jun 28, 2018 7:42am Jun 28, 2018 7:42am
Quoting PatienceFx
{quote} and we have it
a minor pop n stop
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 25 KB
  • #26,709
  • Jun 28, 2018 7:59am Jun 28, 2018 7:59am
previous week open 1592 previous day close 1561. levels to watch 1.14xx is tempting 1548 bottom holding very well
  • #26,710
  • Jun 28, 2018 8:03am Jun 28, 2018 8:03am
Haha, why is it down/USD up? Data too weak?

Makes little sense. Ugh... is this one of those times where it will take a day more for any "long move" to play out... UGH >.<
  • #26,711
  • Jun 28, 2018 8:05am Jun 28, 2018 8:05am
Quoting SnaveForex
previous week open 1592 previous day close 1561. levels to watch 1.14xx is tempting 1548 bottom holding very well
Quoting skillz16
Haha, why is it down/USD up? Data too weak? Makes little sense. Ugh... is this one of those times where it will take a day more for any "long move" to play out... UGH >.<
bottoms stink and they can be messy too
  • #26,712
  • Jun 28, 2018 8:05am Jun 28, 2018 8:05am
@fractalfreak
made a nice short, just as i planned to go long, thnx fractalfreak for the heads up on the stop run!
  • #26,713
  • Jun 28, 2018 8:05am Jun 28, 2018 8:05am
Quoting skillz16
Haha, why is it down/USD up? Data too weak? Makes little sense. Ugh... is this one of those times where it will take a day more for any "long move" to play out... UGH >.<

well my analysis says when the sentiment is strong you need real bad data to reverse the course otherwise continuation is likely, US data was red but not extreme. IMO
Trades technical moves enforced by fundamentals
  • #26,714
  • Jun 28, 2018 8:10am Jun 28, 2018 8:10am
Quoting skillz16
lolz. Jobless numbers are bad and GDP is really low... so time for the USD to strengthen right? Sorry, just jaded at this point and blowing off steam.
Exactly! USD is getting stronger now and should only be bought and Euro is getting weaker and should only be sold.

 

  1. If US numbers are strong, sell EURUSD because the Fed is raising interest rates.
  2. If US numbers are weak, sell EURUSD because everyone will be buying USD for safety (and the Fed is raising interest rates)
  3. If Us numbers are mixed, sell EURUSD because of impact of the trade wars on Euroland (and the Fed is raising interest rates)

Ecclesiastes 1:9
  • #26,715
  • Jun 28, 2018 8:11am Jun 28, 2018 8:11am
Quoting post
{quote} well my analysis says when the sentiment is strong you need real bad data to reverse the course otherwise continuation is likely, US data was red but not extreme. IMO

then again I dont trust the Yankees, so not trading
Trades technical moves enforced by fundamentals
  • #26,716
  • Jun 28, 2018 8:12am Jun 28, 2018 8:12am
Quoting tehtawar
Watchout bear mama coming
And mama back to the nest now
Stay low, Go fast - No luck, All skill
  • #26,717
  • Jun 28, 2018 8:12am Jun 28, 2018 8:12am
Quoting PatienceFx
{quote} {quote} bottoms stink and they can be messy too
that reminds me 1553 is a sundass level
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 25 KB
  • #26,718
  • Jun 28, 2018 8:13am Jun 28, 2018 8:13am
[quote=tehtawar;11211730]{quote} And mama back to the nest now [/quo

take care of your mama or might get lost
Trades technical moves enforced by fundamentals
  • #26,719
  • Jun 28, 2018 8:15am Jun 28, 2018 8:15am
Quoting R.y
{quote} {image}

Blue area
Touched.
Seek knowledge and adorn it with patience and respect; moreover, be humble
  • #26,720
  • Jun 28, 2018 8:31am Jun 28, 2018 8:31am
Really d MKT Is confused.
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