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  • #1,174,421
  • Jul 5, 2020 8:58pm Jul 5, 2020 8:58pm
Quoting PatienceFx
{quote} i am invested in something called relaxo [ a sandals brand in India ] which gave me 1500% returns in 12 years and still pays good money annually I do value investing in stocks of companies which even the poor people can buy products and is a basic necessity of life
that said EURAUD gives far more pips than EU and mostly moves in a single direction
  • #1,174,422
  • Jul 5, 2020 10:15pm Jul 5, 2020 10:15pm
EU had a brilliant start of the week

changed my broker from fxopen to fxcm due to technical issues
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  • #1,174,423
  • Jul 5, 2020 10:16pm Jul 5, 2020 10:16pm
Quoting PatienceFx
{quote} i am invested in something called relaxo [ a sandals brand in India ] which gave me 1500% returns in 12 years and still pays good money annually I do value investing in stocks of companies which even the poor people can buy products and is a basic necessity of life
that is freaken amazing... although its 1500% in 12 year but that is far far lol...
oil gas dropped hard on gush $2700 down to $32 in 1 year... specially the saudi arabia oil war that crashed the oil market. But as economy stabilize itself... everyone and all factories will go back to normal and oil and gas is a standard requirement resources that will he needed... within the last 5years gush dropped from 27k. Eventually it will go up. Within this next year or two. There will be a big change in the US economy.
Trade what you see, take what the market gives you.
  • #1,174,424
  • Jul 5, 2020 10:17pm Jul 5, 2020 10:17pm
Quoting PatienceFx
EU had a brilliant start of the week changed my broker from fxopen to fxcm due to technical issues {image}
monthly says bullish momentum may continue for sometime
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  • #1,174,425
  • Jul 5, 2020 10:19pm Jul 5, 2020 10:19pm
Quoting PatienceFx
EU had a brilliant start of the week changed my broker from fxopen to fxcm due to technical issues {image}
stay away from fxcm... it is a scam company... the company use to be in the US and it create fake spikes and take people’s sl and money... I do not recommend it. Its head quarter move to europe. I use to have it and Forex bought bailed out the company’s losts. I still use the app because it has a great platform. Just a heads up. Research more about fxcm.
Trade what you see, take what the market gives you.
  • #1,174,426
  • Jul 5, 2020 10:21pm Jul 5, 2020 10:21pm
Quoting PatienceFx
EU had a brilliant start of the week changed my broker from fxopen to fxcm due to technical issues {image}
What technical issues if you don't mind sharing?
Everyone can see the chart, but only a few can actually read it.
  • #1,174,427
  • Jul 5, 2020 10:22pm Jul 5, 2020 10:22pm
Quoting VuLe
{quote} that is freaken amazing... although its 1500% in 12 year but that is far far lol... oil gas dropped hard on gush $2700 down to $32 in 1 year... specially the saudi arabia oil war that crashed the oil market. But as economy stabilize itself... everyone and all factories will go back to normal and oil and gas is a standard requirement resources that will he needed... within the last 5years gush dropped from 27k. Eventually it will go up. Within this next year or two. There will be a big change in the US economy.
in India the oil wells are drying up ; local production is slowing down, this is why i stay away from oil stocks

look at returns in this mutual fund

https://www.moneycontrol.com/mutual-...ct-plan/MAA173
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  • #1,174,428
  • Jul 5, 2020 10:30pm Jul 5, 2020 10:30pm
Quoting OnlineAddict
{quote} What technical issues if you don't mind sharing?
fxopen data feed freezes sometimes
  • #1,174,429
  • Jul 5, 2020 10:36pm Jul 5, 2020 10:36pm
Quoting PatienceFx
{quote} in India the oil wells are drying up ; local production is slowing down, this is why i stay away from oil stocks look at returns in this mutual fund https://www.moneycontrol.com/mutual-...ct-plan/MAA173 {image}
i always go for products which give a regular monthly income

enjoy for today why invest in something which will mature in 90 years
  • #1,174,430
  • Jul 5, 2020 10:37pm Jul 5, 2020 10:37pm
1.12 89 now....... SLs hit at BE and reversed to long in the middle of the wild night....at 1.12 71 SL at 45 fttb

I suppose it has a long way to go. have a nice week crew.......
  • #1,174,431
  • Jul 5, 2020 10:43pm Jul 5, 2020 10:43pm
down ?
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  • #1,174,432
  • Jul 5, 2020 11:11pm Jul 5, 2020 11:11pm
Quoting VuLe
{quote} stay away from fxcm... it is a scam company... the company use to be in the US and it create fake spikes and take people’s sl and money... I do not recommend it. Its head quarter move to europe. I use to have it and Forex bought bailed out the company’s losts. I still use the app because it has a great platform. Just a heads up. Research more about fxcm.
i am only interested in fxcm charts on demo, my actual trading is elsewhere and i cannot break FF rules by naming it lol
  • #1,174,433
  • Jul 5, 2020 11:17pm Jul 5, 2020 11:17pm
Quoting VuLe
{quote} that is freaken amazing... although its 1500% in 12 year but that is far far lol... oil gas dropped hard on gush $2700 down to $32 in 1 year... specially the saudi arabia oil war that crashed the oil market. But as economy stabilize itself... everyone and all factories will go back to normal and oil and gas is a standard requirement resources that will he needed... within the last 5years gush dropped from 27k. Eventually it will go up. Within this next year or two. There will be a big change in the US economy.
relaxo started its journey at 10 INR

today it is trading at 665 INR

it has given bonus shares and dividends multiple times ; D is dividend ; B is bonus

https://www.moneycontrol.com/india/s...footwears/RF07

calculate returns now
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  • #1,174,434
  • Jul 5, 2020 11:30pm Jul 5, 2020 11:30pm
Quoting 4experience
down ? {image}
Hi 4Ex,

Uhm, I am having second thoughts .. I tink we breaking out this week and bulls seems to be doing the most already.. I closed my shorts for tiny profits.
I also have interest in GU (Looks like an impulse on the way)

SS
  • #1,174,435
  • Jul 5, 2020 11:33pm Jul 5, 2020 11:33pm
Quoting JayBag
{quote} Hi 4Ex, Uhm, I am having second thoughts .. I tink we breaking out this week and bulls seems to be doing the most already.. I closed my shorts for tiny profits. I also have interest in GU (Looks like an impulse on the way) SS
tread carefully
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  • #1,174,436
  • Jul 5, 2020 11:39pm Jul 5, 2020 11:39pm
Quoting PatienceFx
{quote} tread carefully {image} {image}
That pair is baked for bulls.. I already missed a few pips.

My first target would be 1.29102
Second would be 1.3263

Let's see
SS
  • #1,174,437
  • Jul 5, 2020 11:41pm Jul 5, 2020 11:41pm
EU H1 should try 1302
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  • #1,174,438
  • Jul 5, 2020 11:45pm Jul 5, 2020 11:45pm
Good morning traders. EURUSD is moving again North this Monday, it did the same the previous only to end in the same prices. I think that today this run may have end, because the price penetrated without a reason 1.1275 resistance and now it is sitting below 1.1300, which is significant for its continuation, waiting for a catalyst to decide what to do next.
It has to show me more to call for an uptrend, now the usual range is expected. 1.1225 is support after 1.1275.
Looking for profitable short term trades ...|
  • #1,174,439
  • Jul 5, 2020 11:58pm Jul 5, 2020 11:58pm
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  • #1,174,440
  • Jul 6, 2020 12:01am Jul 6, 2020 12:01am
Here we go traders. to good health and sharp minds!
Opinion is still bearish i will explain why below.

200 weekly EMA 1.138- 50 monthly EMA 1.141 so bulls have a strong point to rally or even reset the channel for the coming week/month to equalize this down pressure!

you can see clear channels in h4 chart with breakouts to either be spikes or have the option to tighten even more for a week. looking to inspect bear pressure strength before final judgement will they ease up?

even with a strong rally looking clear it still is looking like a bullish setup for the U.S. while Euro zone is going to manage critical state as they all think about winter (being that i'm american i know we are sacrificing workers to do this so fall might show some excitement to say the least). that being said the current strength is why even with bulls i am still overall bearish.

any break into 1.1525 and ill start pulling back on bear sentiments. Until then rally scalps and bearish traps continue.

Trade YOUR plan any feedback from my Bull brothers and sisters on points of bearish tension while you look to rally let me know in thread or privately!
Happy pip hunting into this week!
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