pending buy limit 1.1197 SL 20 pips TP open. Hope it ll trigger
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Disliked{quote} It can, but fundamentally, not yet. Not until I see 1.110 area or below. This is my fallible opinion. People are buying because they believe the Fed will cut rates by 0.25%. I buy for intraday bounces. Okay so what? Euro rates are 0.00%. Even if the Fed cuts rates the differential will still favour USD and people will put their money where it will yield them profit. Throw in Christine Lagarde as ECB next president and you don't know if she'll want even more weak Euro, weaker than Draghi had it. I wish I there will be a spike to 1.125 and...Ignored
Disliked{quote} Kayi, you know we discussed this. This isn't a correction from my charts. This bear is headed deep. I will buy for a few bounces here and there. Sold again at 1.1220 and got out at 1.1210 (set the TP before hand). I played news because I was 90% certain the data would beat the forecast. Waiting for 1.1180-1.1195 (1.8bn) options to expire and I'll hunt a buy.Ignored
Disliked{quote} Thank you for reminding me the option today. That explains why the falling was unexpectedly huge. The price was dragging towards the option price. However, they can’t break 1.12 right now as it’s oversold on h1.Ignored
DislikedWhat impact do you guys think Powell will have with today's speech? I bought at 1.1216, hoping now for the best.Ignored
Disliked{quote} Why do you think I time-stamped it? I knew the risks... It is very challenging. We could discuss it at the end of the mentioned period, don't want to discuss it too much now. I could have shown you past trend-prediction data/examples but it might do no good (now). What it is important now is the future (prediction) that I time-stamped. (You can also check my rather recent posts here on FF that I posted BEFORE the FED speech on cuts...). It is interesting how IT or PIGS troubles got almost unnoticed while all were focused on FED/ECB...Ignored
Disliked10 more minutes for H4 candle close and a potential bullish slide out into earliest bullish territory.. 1.1205 will become key support on H4.. Stay GreenIgnored