Attachments: EURUSD only

EURUSD only

#31,481
Aug 1, 2018 12:41pm Aug 1, 2018 12:41pm

McPippin
| Joined Jun 2014 | Status: Trader | 38 Posts

Theres so much more downside to give.
Unless the bottom falls out late this session (which i doubt), ill be expecting the asian to reach bottom side support at 1.1624.
If asia cant reach that. it might be time to evacuate the trade

Attached Image

The Motto: Consistent and Highly Profitable

#31,482
Aug 1, 2018 12:50pm Aug 1, 2018 12:50pm

majorpairs
Joined Jun 2018 | Status: Trader | 739 Posts

my trading for fed interest rate in 15 min, price will drop down to the 1.630 area then it will shoot up to 1.810

#31,483
Aug 1, 2018 12:51pm Aug 1, 2018 12:51pm

MXT
Joined Dec 2005 | Status: Trader | 2,857 Posts

it could really fall a lot , but let's just trade what the market gives

#31,484
Aug 1, 2018 12:53pm Aug 1, 2018 12:53pm

shebalik
| Joined May 2016 | Status: Trader | 264 Posts

There will be a fast reading contest shortly.

Position Trader

#31,485
Aug 1, 2018 12:53pm Aug 1, 2018 12:53pm

KORTrader
Joined Sep 2017 | Status: Trader | 316 Posts

careful bears.
DXY 1H dollar weakness signal.

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1 see confirmation till the end 2. set SL and never cancel it

#31,486
Aug 1, 2018 12:57pm Aug 1, 2018 12:57pm

tommygo
| Joined Jul 2018 | Status: Trader | 48 Posts

THanks for info CoreG..... I squared up with 8 pip gain.... I hate announcements. I like that 1660 level and I wanted to stay long but too much of crapshoot....

#31,487
Aug 1, 2018 1:01pm Aug 1, 2018 1:01pm

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,109 Posts

Closed short at 1.1662.. Calling it a day..

Stay Green

Focus only on what truly matters!

#31,488
Aug 1, 2018 1:03pm Aug 1, 2018 1:03pm

skillz16
Joined Mar 2015 | Status: Trader | 1,445 Posts

Was this added? RE tariff crap?:

This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.

#31,489
Aug 1, 2018 1:05pm Aug 1, 2018 1:05pm

StormLee
| Joined Jun 2018 | Status: Trader | 7 Posts

Feds keep rates the same. Expect rate hikes NEXT month. Feds are sticking to their original plan of two more rate hikes by the end of the year as of now. Anything can change. Keep safe.

#31,490
Aug 1, 2018 1:06pm Aug 1, 2018 1:06pm

Pipfu
Joined Nov 2017 | Status: Trader | 810 Posts

Long 1663 20 pip S/L. Closed 1/2 +10, moved S/l to -10. At BE....

#31,491
Aug 1, 2018 1:07pm Aug 1, 2018 1:07pm

deltaone
Joined Nov 2013 | Status: Made in Germany | 19,871 Posts

hello again,

long @1,16682 sl -20 tp +60

fortis fortuna adiuvat

#31,492
Aug 1, 2018 1:08pm Aug 1, 2018 1:08pm

Wavegarrick
Joined Sep 2017 | Status: Trader | 4,360 Posts

Quoting YesInDidi

Disliked

{quote} I would stay out. Most people rather get in a little before but for the simple fact that the spread can be increased dramatically along with a 1m candle which can spike up 50 pips and down 100 pips is what makes entering a total gamble. I have also noticed Moty has mas many open orders prior to news event. Maybe it would be smarter to hedge?

Ignored

Yesindidi,

What makes you think that any news event has made much impact and more so account threathening?. have not seen any such in a couple of years. Hedging Eu is probably more so when the market really turns and most likely resulting from a less important news event and more so in the techs. I remember years ago when I would sit at the edge of my seat with news and expected a 300 pips plus spike. It just does not happen anymore. 25 to 50 pips most likely. I have also counted how many times Eu has spiked up or down over the past couple of years and probably 80% of the time comes to rest at my daily pivot after spiking up to my daily res/sup 1 on a friday afternoon after NFP. I have made much trading off daily res/support in this way.

Anyway, I do not want to discourage news events and being alert, but to be honest I just do not worry much about it anymore.

Cheers

Trade to trade another day

#31,493
Aug 1, 2018 1:08pm Aug 1, 2018 1:08pm

shebalik
| Joined May 2016 | Status: Trader | 264 Posts

Just copying initial part. Only changes are the bold ones. Not much reaction.

Information received since the Federal Open Market
Committee met in June indicates that the labor market has
continued to strengthen and that economic activity has been
rising at a strong rate. Job gains have been strong, on average,
in recent months, and the unemployment rate has stayed low.
Household spending and business fixed investment have grown
strongly. On a 12-month basis, both overall inflation and
inflation for items other than food and energy remain near 2
percent. Indicators of longer-term inflation expectations are
little changed, on balance.

Position Trader

#31,494
Aug 1, 2018 1:08pm Aug 1, 2018 1:08pm

msniper
Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts

damn market still slow ! I guess they will delay the breakout to Friday news

#31,495
Aug 1, 2018 1:12pm Aug 1, 2018 1:12pm

Zakattack
| Joined May 2018 | Status: Trader | 239 Posts

Quoting shebalik

Disliked

Just copying initial part. Only changes are the bold ones. Not much reaction. Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have grown strongly. On a 12-month basis, both overall inflation and inflation for items other than food and energy remain near 2...

Ignored

This should support stronger USD, but it is EU reacting opposite . WEEEEIRD