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EURUSD

  • #1,154,901
  • May 1, 2019 6:10am May 1, 2019 6:10am
Quoting paogeh
1May = International LaBOUR day . Market still open ?!?!?!?
US and UK are open. Eurozone is closed.
  • #1,154,902
  • May 1, 2019 6:23am May 1, 2019 6:23am
Quoting Theoak
Hi all - long in at 1.1227 stop at 1.1214 target1.1247
Hi all, I have sensible head on today!! And I'd like to ask a question and would love to know your thoughts on this. People who live in the country of the pairs. Do they have an advantage over others??? Please - I would love to know your thoughts on this!!
Don't trade what you think. Just what you see!!!
  • #1,154,903
  • May 1, 2019 6:26am May 1, 2019 6:26am
EURAUD still buy position open. Added more positions.
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  • #1,154,904
  • May 1, 2019 7:11am May 1, 2019 7:11am
Quoting Moty
No one believes taat there are crooks in the market. But a traders lost their money on shorting the eu because this false break at the dx {image} {image}
The market goes up and down. The EUR goes up and down. Trading with a small position and a wider stop loss is much better than scalping and going against the trend. The bearish trend is still intact and the weekly charts show that the price came down from the 1.20 area to 1.11. This didn’t happen over night and if people were patient, then they wouldn’t have been stopped out.

People lose money because they are impatient and emotional, which indicates that they gamble but not invest based on a good analysis of fundamentals and technicals.

For example, choosing to buy or sell before the FOMC meeting today or NFP report tomorrow is not a good decision. The market can push the price up high and then next week, the price could come down. But scalpers may sell now only to be stopped out quickly before the price comes back down.
Don't Worry Be Happy
  • #1,154,905
  • May 1, 2019 7:13am May 1, 2019 7:13am
Quoting hayder
{quote} US and UK are open. Eurozone is closed.
Yep, which contributes to the price going up in EUR.
Don't Worry Be Happy
  • #1,154,906
  • May 1, 2019 7:18am May 1, 2019 7:18am
Quoting MrPresident
{quote} For example, choosing to buy or sell before the FOMC meeting today or NFP report tomorrow is not a good decision. The market can push the price up high and then next week, the price could come down. But scalpers may sell now only to be stopped out quickly before the price comes back down.
That's a very common retail knowledge and as we know, markets like to do the opposite, like being trendy before and completely messy after fomc/nfp.
  • #1,154,907
  • May 1, 2019 7:31am May 1, 2019 7:31am
Quoting gatenio
{quote} what tf? 1h and 4 are uptrend.
I just confirmed the uptrend today
The fragrance remains in the hands of those that gves the rose
  • #1,154,908
  • May 1, 2019 7:39am May 1, 2019 7:39am
The eu was supposed to revarse a long way down.
But the crooks needs to call margin how they can.
And now they will drop it in no man's land
Good adp data , go dollar go
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yes yes yes
  • #1,154,909
  • May 1, 2019 7:39am May 1, 2019 7:39am
Quoting mades
{quote} That's a very common retail knowledge and as we know, markets like to do the opposite, like being trendy before and completely messy after fomc/nfp.
It sounds like easy to trade. Did you put your real money on it?

Quoting Moty
The eu was supposed to revarse a long way down. But the crooks needs to call margin how they can. And now they will drop it in no man's land {image} {image}
It's a conspiration...!
Member
  • #1,154,910
  • May 1, 2019 7:56am May 1, 2019 7:56am
Are you ready for the drop ?
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yes yes yes
  • #1,154,911
  • May 1, 2019 8:15am May 1, 2019 8:15am
Quoting mades
{quote} That's a very common retail knowledge and as we know, markets like to do the opposite, like being trendy before and completely messy after fomc/nfp.
volatility and price spikes are normal in a trend but the problem with most retail traders is that they risk too much and end up getting margin called or stopped out

if retail traders only risked 10% of their account per trade, then they would be better off compared to those who risk 50% or more

a $1000 account balance should have at most $100 risked

further, the $100 risk should be calculated such that the stop is wide enough to avoid random volatility and price spikes
Don't Worry Be Happy
  • #1,154,912
  • May 1, 2019 9:06am May 1, 2019 9:06am
Quoting MrPresident
{quote} volatility and price spikes are normal in a trend but the problem with most retail traders is that they risk too much and end up getting margin called or stopped out if retail traders only risked 10% of their account per trade, then they would be better off compared to those who risk 50% or more a $1000 account balance should have at most $100 risked further, the $100 risk should be calculated such that the stop is wide enough to avoid random volatility and price spikes
10% risk per trade? That's way too much.
  • #1,154,913
  • May 1, 2019 9:06am May 1, 2019 9:06am
Quoting TudorIoan
{quote} It sounds like easy to trade. Did you put your real money on it? {quote} It's a conspiration...!
Oh yeah trading all day and will ignore fomc.
  • #1,154,914
  • May 1, 2019 9:07am May 1, 2019 9:07am
may be news time , spike I see a little early , perfect usdx looking for support 96.95/90 or so , that is below 97 to start any correction up and so care bull temporarily, 1263 not reached yet though !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,154,915
  • May 1, 2019 9:13am May 1, 2019 9:13am
They don't take a break.
Those sl hunters.
Die allready
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yes yes yes
  • #1,154,916
  • May 1, 2019 9:17am May 1, 2019 9:17am
USDOLLAR index demand zones.
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  • #1,154,917
  • May 1, 2019 9:17am May 1, 2019 9:17am
Quoting Moty
Are you ready for the drop ? {image}

  1. whenever the drop comes it will be fast
  2. during fomc or after
  3. but it will recover equally fast

  • #1,154,918
  • May 1, 2019 9:19am May 1, 2019 9:19am
EURUSD no sign of bearish .
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  • #1,154,919
  • May 1, 2019 9:20am May 1, 2019 9:20am
Quote
USDOLLAR index demand zones. {image}
yes i can see the demand
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  • #1,154,920
  • May 1, 2019 9:23am May 1, 2019 9:23am
Quoting Techanalyst
EURUSD no sign of bearish . {image}
fully agree but trees get chopped either due to lightning or due to drivers or demand for paper

placed sell order at last week high 1260
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