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  • #1,179,501
  • Aug 20, 2020 8:59am Aug 20, 2020 8:59am
Quoting Walz
{quote} Yes But I'm still waiting for confirmation. H4 close + Weekly opening level.
interesting. I usually dont wait but rather anticipate. Like my friend, he waited for eu to sell yesterday and miss the spike and went in and sold at 1.1832 (lowest was 1.1829). Then he took his lost at the fake spike 1.1865
Trade what you see, take what the market gives you.
  • #1,179,502
  • Aug 20, 2020 8:59am Aug 20, 2020 8:59am
Woke up seeing SL was hit.. damn market, beating me while am asleep. Now take this...
Attached Image (click to enlarge)
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Only an idiot knows with certainty to where the market is going.
  • #1,179,503
  • Aug 20, 2020 9:01am Aug 20, 2020 9:01am
Closed all trade 1.1826... bb reopen

NOW I AM DONE. Lol. For real this time.

I said it, my action depends on how this 1hr candle shows. Market can move freely now. 1.1800 have been touch. The wuestion is bounce or break.

SINCE REPUBLICAN is back in town to discuss stimulus package. I do NOT RECOMMEND trading weekend.

edit* hope you guys were all able to make money. Going to prep and focus on EU session tonight.
Attached Image (click to enlarge)
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Trade what you see, take what the market gives you.
  • #1,179,504
  • Aug 20, 2020 9:09am Aug 20, 2020 9:09am
Quoting VuLe
Closed all trade 1.1826... bb reopen NOW I AM DONE. Lol. For real this time. I said it, my action depends on how this 1hr candle shows. Market can move freely now. 1.1800 have been touch. The wuestion is bounce or break. SINCE REPUBLICAN is back in town to discuss stimulus package. I do NOT RECOMMEND trading weekend. edit* hope you guys were all able to make money. Going to prep and focus on EU session tonight. {image}
lol your not done
LOCK IN RE-ENTER
  • #1,179,505
  • Aug 20, 2020 9:10am Aug 20, 2020 9:10am
Quoting VuLe
Closed all trade 1.1826... bb reopen NOW I AM DONE. Lol. For real this time. I said it, my action depends on how this 1hr candle shows. Market can move freely now. 1.1800 have been touch. The wuestion is bounce or break. SINCE REPUBLICAN is back in town to discuss stimulus package. I do NOT RECOMMEND trading weekend. edit* hope you guys were all able to make money. Going to prep and focus on EU session tonight. {image}
Seems like you have grab hundreds pips today mate.. well done, thumbs up..
  • #1,179,506
  • Aug 20, 2020 9:11am Aug 20, 2020 9:11am
Quoting mistaouting
{quote} lol your not done
I am done this time. Believe it or not. But here is my take for the rest of the day... thats where you guys could meet at.

I rather wait to resell around 1.1880/1.1890.
Attached Image (click to enlarge)
Click to Enlarge Name: E3175FF9-6EB7-4C19-BC43-7D4D9D304810.jpeg Size: 252 KB
Trade what you see, take what the market gives you.
  • #1,179,507
  • Aug 20, 2020 9:12am Aug 20, 2020 9:12am
Quoting VuLe
Closed all trade 1.1826... bb reopen NOW I AM DONE. Lol. For real this time. I said it, my action depends on how this 1hr candle shows. Market can move freely now. 1.1800 have been touch. The wuestion is bounce or break. SINCE REPUBLICAN is back in town to discuss stimulus package. I do NOT RECOMMEND trading weekend. edit* hope you guys were all able to make money. Going to prep and focus on EU session tonight. {image}
if the stimulus package does come exceeding 1 trill then usd may strengthen 500 to 700 pips
  • #1,179,508
  • Aug 20, 2020 9:15am Aug 20, 2020 9:15am
Quoting PatienceFx
{quote} if the stimulus package does come exceeding 1 trill then usd may strengthen 500 to 700 pips
yup.. and this is where people gamble and die.. its discuss on Saturday. Either you see 1.14xx or 1.122xx just my take if the stimulus package is fully discussed. So yeah.
This number im throwing out is wild but it is a logical response to Patience post and the package itself
Trade what you see, take what the market gives you.
  • #1,179,509
  • Aug 20, 2020 9:19am Aug 20, 2020 9:19am
Quoting PatienceFx
{quote} if the stimulus package does come exceeding 1 trill then usd may strengthen 500 to 700 pips

Big stimulus package doesn't means inflation?
Don't base your strategy on what I'm saying
  • #1,179,510
  • Aug 20, 2020 9:22am Aug 20, 2020 9:22am
Quoting ABrokeTrader
{quote} Big stimulus package doesn't means inflation?

inflation is over the years... upfront atm american are in dire need of stimulus package to help survive... if they delay it, it may affect the economy even more and in the end, they will still have to print money, even larger amount than what it is now. So inflation is going to happen, but stimulating the economy to help recovery is the ideal right now. That will make investors believe US is not falling apart.
Trade what you see, take what the market gives you.
  • #1,179,511
  • Aug 20, 2020 9:25am Aug 20, 2020 9:25am
Quoting VuLe
{quote} inflation is over the years... upfront atm american are in dire need of stimulus package to help survive... if they delay it, it may affect the economy even more and in the end, they will still have to print money, even larger amount than what it is now. So inflation is going to happen, but stimulating the economy to help recovery is the ideal right now. That will make investors believe US is not falling apart.
US is strong. It got weak because of covid-19 but every country did. Once Trump gets second election, USA will pull out of it and will be very strong again.
  • #1,179,512
  • Aug 20, 2020 9:26am Aug 20, 2020 9:26am
Quoting PatienceFx
{quote} if the stimulus package does come exceeding 1 trill then usd may strengthen 500 to 700 pips
I believe it is not strengthen but weaken.
Only an idiot knows with certainty to where the market is going.
  • #1,179,513
  • Aug 20, 2020 9:27am Aug 20, 2020 9:27am
Quoting VuLe
{quote} inflation is over the years... upfront atm american are in dire need of stimulus package to help survive... if they delay it, it may affect the economy even more and in the end, they will still have to print money, even larger amount than what it is now. So inflation is going to happen, but stimulating the economy to help recovery is the ideal right now. That will make investors believe US is not falling apart.

Maybe, but last week the USD index took a hit because people were afraid that too many dollars will go in the economy.
When the stimulus was out of the table the DX became stronger and gold took a hit also.

I only try to understand ...
Don't base your strategy on what I'm saying
  • #1,179,514
  • Aug 20, 2020 9:27am Aug 20, 2020 9:27am
Quoting Techanalyst
{quote} US is strong. It got weak because of covid-19 but every country did. Once Trump gets second election, USA will pull out of it and will be very strong again.
yeah... I still remember when I was trading my demo account back in 2016... I flip 50k to 1million trading UJ.

everyone doubted donald trump... in my eyes, he is a business man, he may have dumb word usage but he is very smart. To be able to filed bankruptcy and come back to becoming a billionaire is no joke. Base on that logic.. All I did was buy Uj and sell eu.
Trade what you see, take what the market gives you.
  • #1,179,515
  • Aug 20, 2020 9:44am Aug 20, 2020 9:44am
Quoting ABrokeTrader
{quote} Big stimulus package doesn't means inflation?
take the example of zimbabwe ; how much is one loaf of bread worth ; google it
  • #1,179,516
  • Aug 20, 2020 9:49am Aug 20, 2020 9:49am
Quoting PatienceFx
{quote} take the example of zimbabwe ; how much is one loaf of bread worth ; google it
You won't believe this is answer i give everytime someone ask why govt can't print more money and give everybody
I
PaRaM
  • #1,179,517
  • Aug 20, 2020 9:50am Aug 20, 2020 9:50am
Quoting PatienceFx
{quote} take the example of zimbabwe ; how much is one loaf of bread worth ; google it
and zimbabwe had the best cricket team in the world
  • #1,179,518
  • Aug 20, 2020 9:51am Aug 20, 2020 9:51am
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Added another one.. will put SL for the first 2 orders 3pips below current candle to lock in profit. To dodge any strong bearish move. Will adjust accordingly.
Only an idiot knows with certainty to where the market is going.
  • #1,179,519
  • Aug 20, 2020 10:00am Aug 20, 2020 10:00am
Quoting PatienceFx
{quote} take the example of zimbabwe ; how much is one loaf of bread worth ; google it
combination of helicopter money and a weak dollar are a recipe for inflation...among other things going on in the US

EDIT: week dollar leans on cost of imports and exports of the US more money in the consumer hands with stimulus leading to more spending buyers drive cost up (sellers push price down) not to mention interest rates are low that spurs spending also and stuns savings.....lot to consider not to mention the feds are looking at inflation increasing and probably will lets it run for a while
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  • #1,179,520
  • Aug 20, 2020 10:08am Aug 20, 2020 10:08am
i feel like some are expecting result of EU stimulus package and the euro to be same as the US and dollar....I don't think that's the same case I could wrong and would like to hear anyone with insight.....but I was thinking US stimulus package would weaken USD not strengthen it
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