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  • #92,561
  • Jul 31, 2019 9:44am Jul 31, 2019 9:44am
Quoting bigiivan
{quote} Agree. I also think that banks expect an up move after FED that's why they take SL's now.
it would be too easy. I’ll roll back to 1.1137 and add shorts
  • #92,562
  • Jul 31, 2019 9:47am Jul 31, 2019 9:47am
Quoting Leodavinci
{quote} it would be too easy. I’ll roll back to 1.1137 and add shorts
Wish you luck! Let's see!
  • #92,563
  • Jul 31, 2019 9:48am Jul 31, 2019 9:48am
They have breached this weeks open and currently aiming towards a new weekly low. Caution to the wind. this could be something big. Almost reminds me of NFP where they take price in the opposite direction before the announcement and throw it back in the intended direction. FOMC could be quite big this time around but very uncertain at this moment, we shall see.
Not something to buy or sell at the moment unless you do it with tight s/losses in your intended direction.
Cheers
Trade to trade another day
  • #92,564
  • Jul 31, 2019 10:06am Jul 31, 2019 10:06am
Potential "Playing Field" for the FOMC:

Attached Image (click to enlarge)
Click to Enlarge Name: SD Zones 1.png Size: 98 KB


Attached Image (click to enlarge)
Click to Enlarge Name: SD Zones 2.png Size: 88 KB


All Zones are open and valid for trade signals at the time of posting.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #92,565
  • Jul 31, 2019 10:35am Jul 31, 2019 10:35am
Quoting Mitiblotch
{quote} The wedge won! Booking some, moving stop to BE for the rest.
Well, booked everything at 1.1123. Left one running with SL moved to 1148 (2pips profit) in case Powell decides to open the gates of hell below. Who knows. This one was a late one I added at 1150.
Attached Image (click to enlarge)
Click to Enlarge Name: PSX_20190731_183832.jpg Size: 115 KB
  • #92,566
  • Jul 31, 2019 10:42am Jul 31, 2019 10:42am
Nice one Miti... Anyway 18 mins to go. Few times I pay attention to news like this. We shall see. Cheers
Trade to trade another day
  • #92,567
  • Jul 31, 2019 10:43am Jul 31, 2019 10:43am
Quoting Leodavinci
{quote} it would be too easy. I’ll roll back to 1.1137 and add shorts
Most things in life are easy, people just tend to overcomplicate them.
Everyone can see the chart, but only a few can actually read it.
  • #92,568
  • Jul 31, 2019 10:45am Jul 31, 2019 10:45am
This is going to be one of the most important FED meetings in years. It can decide if € has bottom for 2019 and start a rally.
Anyone who is serious about gambling in the markets are going to watch and act today.
  • #92,569
  • Jul 31, 2019 10:50am Jul 31, 2019 10:50am
i think soon euro is going to cover the gap of the elections i think this is the best for that move lets see what happens
  • #92,570
  • Jul 31, 2019 10:54am Jul 31, 2019 10:54am
Quoting Wavegarrick
Nice one Miti... Anyway 18 mins to go. Few times I pay attention to news like this. We shall see. Cheers
Thank you Wave. Let's see what they do.
  • #92,571
  • Jul 31, 2019 11:00am Jul 31, 2019 11:00am
i like for price to reach for 1.1285 triple top fork on H4, but before such a rally sell stops below 1.1100 should be taken first, so price should drop heavy this news event imo
  • #92,572
  • Jul 31, 2019 11:05am Jul 31, 2019 11:05am
Stop hunting? or start of trend?? lets see..
  • #92,573
  • Jul 31, 2019 11:13am Jul 31, 2019 11:13am
Managed to buy at 1.10927 SL=BE... let's see where it will go
We are only learners in this life
  • #92,574
  • Jul 31, 2019 11:16am Jul 31, 2019 11:16am
If this H1 close bullish, I am gonna buy.
  • #92,575
  • Jul 31, 2019 11:17am Jul 31, 2019 11:17am
Let's see the press conference that could be very important
Cheers
Trade to trade another day
  • #92,576
  • Jul 31, 2019 11:17am Jul 31, 2019 11:17am
Bought at 1.11144 let see the drama as it unfolds. Rate cut should rally eu, or what do you think?
  • #92,577
  • Jul 31, 2019 11:19am Jul 31, 2019 11:19am
The fed cut rates. I thought when the fed cut rates EUR/USD will spike up but instead it spiked down. Could someone explain? I've made a post and asked what will happen if fed cut rates and people said there will be a spike up.
  • #92,578
  • Jul 31, 2019 11:27am Jul 31, 2019 11:27am
Quoting vinneyh
The fed cut rates. I thought when the fed cut rates EUR/USD will spike up but instead it spiked down. Could someone explain? I've made a post and asked what will happen if fed cut rates and people said there will be a spike up.
news event is a reason to move market in the direction smart money is going, doesn't matter what data releases
  • #92,579
  • Jul 31, 2019 11:31am Jul 31, 2019 11:31am
Quoting vinneyh
The fed cut rates. I thought when the fed cut rates EUR/USD will spike up but instead it spiked down. Could someone explain? I've made a post and asked what will happen if fed cut rates and people said there will be a spike up.
Give it 1 to 2 hours to see the real direction
We are only learners in this life
  • #92,580
  • Jul 31, 2019 11:33am Jul 31, 2019 11:33am
Sorry all, been travelling

My buy order at 1.1090 is active!

Will lock in 15 pips if it reaches 1.1120 again

Hope all your trades are going well
stay safe
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