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EURUSD

  • #1,164,321
  • Mar 15, 2020 7:08pm Mar 15, 2020 7:08pm
Quoting Jrotc1sg
{quote} i made money reguardless
Bloomberg reported the rate event
  • #1,164,322
  • Mar 15, 2020 7:17pm Mar 15, 2020 7:17pm
  •  dmj120
  • | Joined Jan 2020 | Status: Newbie with professional aspiration | 108 Posts
Quoting OhComeOn
Sold @ 1.1154 on 30M chart, up 50+ about to TP now and call it a day. Am happy with 50 pips for a Sunday, no reason to be greedy. {image}
Yup, shorted the 30M chart 63 pips (from its 90+ increase after open) now just waiting for the next move.
School of hard knocks
dmj120 Return This Year: na
  • #1,164,323
  • Mar 15, 2020 8:45pm Mar 15, 2020 8:45pm
Fed cuts interest rate to zero, launches $700bn QE programme
The Fed's March 15 move is its second emergency rate cut in less than two weeks

now this is getting crazy

check this facebook video on why usa was slow to respond to covid-19

https://www.facebook.com/inderjit.sa...30545551066736

idiots care more about money than public health
  • #1,164,324
  • Mar 15, 2020 8:48pm Mar 15, 2020 8:48pm
Quoting PatienceFx
Fed cuts interest rate to zero, launches $700bn QE programme The Fed's March 15 move is its second emergency rate cut in less than two weeks now this is getting crazy check this facebook video on why usa was slow to respond to covid-19 https://www.facebook.com/inderjit.sa...30545551066736 idiots care more about money than public health
getting the minister to agree on testing for covid-19 for free was a tough task lol
  • #1,164,325
  • Mar 15, 2020 8:55pm Mar 15, 2020 8:55pm
Quoting Techanalyst
{quote} Possibly, you closed it manually when you see that the market is turning. Forget about cup and handle all that nonsense in forex trading. Doesn't work and it will fail you and you will be disappointed. Stick to supply/demand and price action strategies. Draw some trend lines across see how price reacts. It will help you a lot. As for those patterns, they never work. Trade safe.
I agree with patterns not working. Building a solid trading plan around price action is more workable.
Nobody ever made a dime by panicking. Jim C
  • #1,164,326
  • Mar 15, 2020 9:03pm Mar 15, 2020 9:03pm
there is no long setup anywhere so i will look for shorts where i can grab them
  • #1,164,327
  • Mar 15, 2020 9:36pm Mar 15, 2020 9:36pm
Quoting PatienceFx
there is no long setup anywhere so i will look for shorts where i can grab them
90 pips in Asia session, no setup here
  • #1,164,328
  • Mar 15, 2020 9:44pm Mar 15, 2020 9:44pm
Quoting Breza
{quote} 90 pips in Asia session, no setup here
eu got excited from the video i shared

on a serious note it was a sudden spike on fed rate cut

but considering global economic slowdown and corona fears ; until a vaccine is found and number of cases reduce eu will be very volatile and weak
  • #1,164,329
  • Mar 15, 2020 9:51pm Mar 15, 2020 9:51pm
if usa had free medical care the covid-19 spread would never cross 100 ; India has 112 reported cases despite being second largest population

because ayushman bharat medical scheme is free for all citizens
Attached Image (click to enlarge)
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  • #1,164,330
  • Mar 15, 2020 9:55pm Mar 15, 2020 9:55pm
Hi

I try buy 1127 SL 1073
  • #1,164,331
  • Mar 15, 2020 9:58pm Mar 15, 2020 9:58pm
on chart

  1. basic macd
  2. sma 50 100 200

still no clear trustworthy direction

Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 41 KB
  • #1,164,332
  • Mar 15, 2020 10:05pm Mar 15, 2020 10:05pm
Quoting PatienceFx
if usa had free medical care the covid-19 spread would never cross 100 ; India has 112 reported cases despite being second largest population because ayushman bharat medical scheme is free for all citizens {image}
i should shift to Greenland it s the safest place lmao
  • #1,164,333
  • Mar 15, 2020 10:07pm Mar 15, 2020 10:07pm
Quoting 4experience
Hi I try buy 1127 SL 1073
wait for a trustworthy setup, the spread will eat you
  • #1,164,334
  • Mar 15, 2020 10:10pm Mar 15, 2020 10:10pm
if ecb also cuts rates to promote economy
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 27 KB
  • #1,164,335
  • Mar 15, 2020 10:54pm Mar 15, 2020 10:54pm
The Fed has sharply cut interest rates by 1%. I also agree that ECB will cut interest rates soon
  • #1,164,336
  • Mar 15, 2020 11:10pm Mar 15, 2020 11:10pm
Quoting catmes
The Fed has sharply cut interest rates by 1%. I also agree that ECB will cut interest rates soon
painkillers numb the nerves so that brain does not get pain signal

fed cut rates so people feel everything is okay

requirement was to stop covid-19 from spreading
  • #1,164,337
  • Mar 15, 2020 11:37pm Mar 15, 2020 11:37pm
The fact that we start the new cycle range bound rather than at a new low suggests reversal out of here, but it doesn’t always.
Anyway... speculation is fun but I will wait until tomorrow....
  • #1,164,338
  • Mar 15, 2020 11:39pm Mar 15, 2020 11:39pm
Inserted Video
  • #1,164,339
  • Mar 15, 2020 11:40pm Mar 15, 2020 11:40pm
the move up was false one imo .
for now the trend still berrish , so i will wait for a break of last hourly low , from lo
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.png Size: 32 KB
Click to Enlarge Name: eu1.png Size: 30 KB
yes yes yes
  • #1,164,340
  • Mar 15, 2020 11:43pm Mar 15, 2020 11:43pm
Good moves from the FED and RBNZ, but ECB didn't cut rates, and the things here in Europe aren't so well and I dont trust to buy EU yet, so I may try for one short from todays new highs if, they visited today and with very much caution (less risk) and if, the tide turns, then I will try to buy this opportunity - volatility.

Stay safe and well.
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