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  • #112,581
  • Jul 18, 2020 11:21am Jul 18, 2020 11:21am
Quoting Wavegarrick
{quote} Hi Guys, Thank you from the bottom of my heart for the kind words of inspiration. Unfortunately, my Mum passed away on Wednesday this week, I have solace in the fact that she is in a better place. A shout out to especially South Africans. Our hospitals are filled to capacity and bursting. Priority is given to young over older, which is understandable but does not help our own cause. Keep yourselves and your loved ones safe. All the best Cheers.
Leon,

I'm really sorry to hear of the passing away of your beloved Mother. Nothing can be replaced in place of her. I'm sure she's in a better place now. Be strong. May she and god be peace with everything.

Regards,
Traderview.
  • #112,582
  • Jul 19, 2020 3:21am Jul 19, 2020 3:21am
Hi Guys,

All I can say is thank you, thank you, thank you..... It is great to know that we are living in a world where compassion and humility can be shown even though we are strangers and live worlds apart. Rest assured, my Mom is in the arms of the Lord.
What presumably started as a little spec in a seafood market in Wuhan is now in our own neighborhoods continents apart. It is Real.

Be safe.

On a final note:
I respectfully ask that we start posting our analysis and views around EurUsd only. Thanks, Ata for being tolerant.
I will be posting from this coming week.
My current stance, EU is overstretched. From previous experience, Eu could retrace, correct or even reverse from the 20th going into month-end but not cast in stone. Much will depend on the Eu summit outcome.

I will post If and when I get a signal.

Have a great week Guys.
Cheers
Leon.
Trade to trade another day
  • #112,583
  • Jul 19, 2020 4:12am Jul 19, 2020 4:12am
Quoting Wavegarrick
{quote} Hi Guys, Thank you from the bottom of my heart for the kind words of inspiration. Unfortunately, my Mum passed away on Wednesday this week, I have solace in the fact that she is in a better place. A shout out to especially South Africans. Our hospitals are filled to capacity and bursting. Priority is given to young over older, which is understandable but does not help our own cause. Keep yourselves and your loved ones safe. All the best Cheers.

Om Shanti I am very sorry to hear about the passing of your mother. Please accept my deepest condolences

and i stand in prayers with you. May her soul rest in peace. Om Shanti
  • #112,584
  • Jul 19, 2020 6:10am Jul 19, 2020 6:10am
Quoting Wavegarrick
{quote} Hi Guys, Thank you from the bottom of my heart for the kind words of inspiration. Unfortunately, my Mum passed away on Wednesday this week, I have solace in the fact that she is in a better place. A shout out to especially South Africans. Our hospitals are filled to capacity and bursting. Priority is given to young over older, which is understandable but does not help our own cause. Keep yourselves and your loved ones safe. All the best Cheers.
oh my
May her soul rest in peace
  • #112,585
  • Jul 19, 2020 6:39am Jul 19, 2020 6:39am
Hi Leon

Deepest condolences on the passing of your mother.
  • #112,586
  • Jul 19, 2020 6:56am Jul 19, 2020 6:56am
I never usually do this but I kept on a trade into the weekend simply because I think EURUSD is over-stretched plus in the M15 chart there might be a reversal, a series of lowers lows and lowers highs has formed even though they look rather weak because of the buying pressure that's there...so eyses on the summit

Side note: long term the pair is still bearish.
  • #112,587
  • Jul 19, 2020 8:19am Jul 19, 2020 8:19am
Quoting Wavegarrick
Hi Guys, All I can say is thank you, thank you, thank you..... It is great to know that we are living in a world where compassion and humility can be shown even though we are strangers and live worlds apart. Rest assured, my Mom is in the arms of the Lord. What presumably started as a little spec in a seafood market in Wuhan is now in our own neighborhoods continents apart. It is Real. Be safe. On a final note: I respectfully ask that we start posting our analysis and views around EurUsd only. Thanks, Ata for being tolerant. I will be posting from...
I see the same signs -there is hope for it to move north but signals are starting to point to a potential reversal. Sidelines for now until Monday absorbs the summit results and gives a little better direction
First they ask WHY you're wasting your time, then they ask HOW you did it!?
  • #112,588
  • Jul 19, 2020 8:46am Jul 19, 2020 8:46am
Analysis fr this week. EU likely to open with a gap down. And it will continue to nosedive. Those still clouded with the sense to continue to buy have a rethink. All the best. Cheers!
Dont be fool by the newbie badge....older here...older in the biz.
  • #112,589
  • Jul 19, 2020 9:49am Jul 19, 2020 9:49am
Quoting kingfx19
Analysis fr this week. EU likely to open with a gap down. And it will continue to nosedive. Those still clouded with the sense to continue to buy have a rethink. All the best. Cheers!
Would you please provide some details of your analysis?
I held my short positions before weekend.
Trade to enjoy... Money is after!
  • #112,590
  • Jul 19, 2020 12:00pm Jul 19, 2020 12:00pm
Quoting Wavegarrick
Hi Guys, Thank you from the bottom of my heart for the kind words of inspiration. Unfortunately, my Mum passed away on Wednesday this week, I have solace in the fact that she is in a better place. A shout out to especially South Africans. Our hospitals are filled to capacity and bursting. Priority is given to young over older, which is understandable but does not help our own cause. Keep yourselves and your loved ones safe. All the best Cheers.
My condolences on your loss.
I can imagine the size of your pain, but have strength and don't lose hope of a reunion in eternity.
"The freedom of the other extends mine to infinity"
  • #112,591
  • Jul 19, 2020 1:26pm Jul 19, 2020 1:26pm
EU recovery fund plan hangs in balance on third day of deadlocked summit https://watdouc.blogspot.com/2020/07...lance.html?m=1
  • #112,592
  • Jul 19, 2020 1:32pm Jul 19, 2020 1:32pm
Seems as if the summit outcome will be announced after the beginning of the trading session.
Another day, another dollar.
  • #112,593
  • Jul 19, 2020 2:11pm Jul 19, 2020 2:11pm
Quoting pappicole
EU recovery fund plan hangs in balance on third day of deadlocked summit https://watdouc.blogspot.com/2020/07...lance.html?m=1
Any fundamental analyst here to tell about the impact of these news on the market please?
Trade to enjoy... Money is after!
  • #112,594
  • Jul 19, 2020 2:20pm Jul 19, 2020 2:20pm
Rutte is short on EurUsd, that's quiet clear
When he will take profit, he will accept the offer from the rest of EU
  • #112,595
  • Jul 19, 2020 2:22pm Jul 19, 2020 2:22pm
Quoting saninvestor
{quote} Any fundamental analyst here to tell about the impact of these news on the market please?
Do you know what fundamental analysts do? After an "impact" they explain us why. If they were that clairvoyant, they would not need to earn money with analysis...
  • #112,596
  • Jul 19, 2020 2:29pm Jul 19, 2020 2:29pm
Quoting ursinho4711
{quote} Do you know what fundamental analysts do? After an "impact" they explain us why. If they were that clairvoyant, they would not need to earn money with analysis...
Nice tip!
Trade to enjoy... Money is after!
  • #112,597
  • Jul 19, 2020 2:38pm Jul 19, 2020 2:38pm
Quoting ursinho4711
{quote} Do you know what fundamental analysts do? After an "impact" they explain us why. If they were that clairvoyant, they would not need to earn money with analysis...
I wonder what a fundamental analysts could say about the US elections...what USD will do in case of Trump confirmation, or in case of Biden victory..
But of course, he will tell it the day after the election
  • #112,598
  • Jul 19, 2020 3:14pm Jul 19, 2020 3:14pm
Fundamentally Euro is in a good position compare with Usd except for this Summit.Technically Euro still stand better than Usd.I see no much gap down. imo
Make it Green
  • #112,599
  • Jul 19, 2020 4:19pm Jul 19, 2020 4:19pm
Quoting saninvestor
{quote} Any fundamental analyst here to tell about the impact of these news on the market please?
My opinion:
(1) Deal today or tomorrow = euro will rise to at least to 1.158 before the next correction might loom and will probably edge beyond 1.20 later in the year
(2) No deal for now but another final summit next week = euro might fall one cent or so but it would be a „buy the dip“ situation, as we will probably end up with (1) one week later
(3) Ultimate failure to cut a deal = euro would potentially fall at least 3 cents, future open
Another day, another dollar.
  • #112,600
  • Jul 19, 2020 4:20pm Jul 19, 2020 4:20pm
Btw

“There are widespread reports that a number of leaders have booked their hotel rooms in Brussels for another night raising expectations that the summit could be extended to a fourth day through Monday.”
Another day, another dollar.
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