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  • #103,641
  • Mar 12, 2020 6:20am Mar 12, 2020 6:20am
Hello Everyone,

What I have in mind for EU.. Looking for just 100+ pips at this first attempt. I will sell highs above the main entry (if it gives that) or wait for stoc? Let's see till end of day..

Interesting times ahead for this pair..
Stay Well
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  • #103,642
  • Mar 12, 2020 6:27am Mar 12, 2020 6:27am
I think we are seeing the ECB interest rate cut being priced in already. The big surprise would be no rate cut which is actually highly probable.
  • #103,643
  • Mar 12, 2020 6:32am Mar 12, 2020 6:32am
Quoting MaxDoom
Short below D-PP initial target 1.1218 {image}
first target 1.1218 reached
looking for momentum with ECB to target 1.1146 - 1.1048 zone D-S2 in the way at 1.1175
  • #103,644
  • Mar 12, 2020 6:39am Mar 12, 2020 6:39am
Quoting investing101
I think we are seeing the ECB interest rate cut being priced in already. The big surprise would be no rate cut which is actually highly probable.
there are other alternatives to an interest rate cut

and the ECB have already hinted that they don't want to rush to cut interest rates so I doubt one is priced in at the moment
  • #103,645
  • Mar 12, 2020 6:41am Mar 12, 2020 6:41am
Quoting MaxDoom
{quote} there are other alternatives to an interest rate cut and the ECB have already hinted that they don't want to rush to cut interest rates so I doubt one is priced in at the moment
Yes but the Euro will skyrocket without an interest cut.
  • #103,646
  • Mar 12, 2020 6:44am Mar 12, 2020 6:44am
Quoting investing101
{quote} Yes but the Euro will skyrocket without an interest cut.
Not always so. Like he said, there are good alternatives that will yield double the effect of a rate cut. I'm currently over 180 pips up and I want it to continue downward. Lol...
  • #103,647
  • Mar 12, 2020 6:53am Mar 12, 2020 6:53am
Quoting investing101
{quote} Yes but the Euro will skyrocket without an interest cut.
Corona has hit Europe quite severely. The virus is likely to cause further turmoil and bring more fear which traditionally has favored the USD. Plus, the Euro has come up to a fairly high, daily level even though it has retraced a small bit. My first target is 1.10 but I see a possibility for substantially lower levels than that.
  • #103,648
  • Mar 12, 2020 6:54am Mar 12, 2020 6:54am
Quoting investing101
{quote} Yes but the Euro will skyrocket without an interest cut.
more LTROs or QE will send it down sharply imo and put long term pressure on the euro risking the 1.0777 bottom
  • #103,649
  • Mar 12, 2020 7:03am Mar 12, 2020 7:03am
Risk On, Buy 1225, SL 20 pips
TP 1320
  • #103,650
  • Mar 12, 2020 7:14am Mar 12, 2020 7:14am
Quoting Daevictus
{quote} Corona has hit Europe quite severely.
we are waiting for US in the next 1/2 months.
long term anal ist
  • #103,651
  • Mar 12, 2020 7:19am Mar 12, 2020 7:19am
Quoting mistaouting
If the daily closes below 1280 call me a bear...lol In short now and pending sell orders... Possible market moving news 8pm or so NY time....plus news from the EU in the AM...this will be exciting

and I did mean EXCITING
LOCK IN RE-ENTER
  • #103,652
  • Mar 12, 2020 7:26am Mar 12, 2020 7:26am
Quoting Anubi
{quote} we are waiting for US in the next 1/2 months.
True. But my horizon is shorter for my current positions. Longer term than that would be a gamble that, at least I wouldn't feel comfortable with.
  • #103,653
  • Mar 12, 2020 7:40am Mar 12, 2020 7:40am
Quoting mshady
{quote}
50% closed @ 1.288 and SL moved to break-even, remaining 25% TP @1.1252 and last 25% TP @1.23
Additional Sell was opened @1.1319, 50% closed @1.1289 and SL moved to break-even, remaining 25% TP @1.1252 and last 25% TP @1.23 .
What a Day!
All closed with profit and still have a 10% of sell position @ 1.1326, new TP @ 1.111.
  • #103,654
  • Mar 12, 2020 7:40am Mar 12, 2020 7:40am
Buckle up everyone! And good luck.
  • #103,655
  • Mar 12, 2020 7:41am Mar 12, 2020 7:41am
Quoting Anubi
{quote} we are waiting for US in the next 1/2 months.
The really funny thing is that now, in Europe, there are thousand of USA soldier for "Defender Europe" military exercise

Next mounth they will come back to USA... and it will be a big big problem for virus transmission...

Doing this huge exercise right now is a bad idea. It had to be postponed for the safe of the USA.
  • #103,656
  • Mar 12, 2020 7:47am Mar 12, 2020 7:47am
Quoting Mitiblotch
{quote} Not always so. Like he said, there are good alternatives that will yield double the effect of a rate cut. I'm currently over 180 pips up and I want it to continue downward. Lol...
Told ya!
  • #103,657
  • Mar 12, 2020 7:48am Mar 12, 2020 7:48am
Quoting investing101
I think we are seeing the ECB interest rate cut being priced in already. The big surprise would be no rate cut which is actually highly probable.
Quoting myself.
  • #103,658
  • Mar 12, 2020 7:52am Mar 12, 2020 7:52am
Glad I closed my sell orders. Such weird PA was that! How the hell could the target be reached way before ECB rate decision. Moves being priced in usually happens the day before. Something told me to close and now look at this! Beautiful!
  • #103,659
  • Mar 12, 2020 7:52am Mar 12, 2020 7:52am
Quoting Samirmirzad
Hi all just saw your post andvk74 - good point of view 1.1360 is target i think - but i dont think that ECB cut rate today, ECB is always opposite to any other central banks they may cut the rate suddenly when they see more situation is bad it my view not confusing any others let see what is going to happen in few hours - ATA always see your post bro your great brother

Boom as i mentioned an hour ago good luck to you guys watch out for ECB meeting it may be dovish !
To Win You Must Loss Something ...
  • #103,660
  • Mar 12, 2020 7:55am Mar 12, 2020 7:55am
Look at the wick on that thing lol
LOCK IN RE-ENTER
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