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  • #1,187,741
  • Nov 16, 2020 11:14pm Nov 16, 2020 11:14pm
Quoting Barnell
{quote} For your amusement: https://www.forexfactory.com/thread/...-cup-of-coffee
You nailed him you badass..
Only an idiot knows with certainty to where the market is going.
  • #1,187,742
  • Nov 16, 2020 11:15pm Nov 16, 2020 11:15pm
Quoting MrBullBear
{quote} Happened to me too.. lol we were debating and I hurt his feelings. I talked to twee and immediately lifted. You will get more..
Many people have hearts made of glass...

There's this guy whom I was speaking to. He told me he amassed 35,000 GBP and is a full-time trader. Upon more conversation, he knows nothing! He doesn't even know what time London opens and he trades without SL or any plans. I threw him a bone with a 130 pips trade and another trade to out-pace the losses of his other pair. Throughout this period, he stubbornly held GU sells.

After I told him to exit those trades I gave him, I told him to par the losses and that GU wasn't going to his BE. He told me he wanted to sell AU at 0.7235 when I told him not to. I told him he knew nothing about forex and that he won't make it as a trader if he were to continue this way. I told him he would lose his money soon. He decided to block me on FF instead. All these happened last week. I know his GU sells are at 1.3080 and now his AU sells are out nearly 100 pips as well.

Wonder how his glass heart is feeling at the moment.
I will tear the world apart for you.
  • #1,187,743
  • Nov 16, 2020 11:55pm Nov 16, 2020 11:55pm
target 1900+
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  • #1,187,744
  • Nov 17, 2020 12:31am Nov 17, 2020 12:31am
EURUSD is pushing to 1880, above is 1900-20, support comes first at 1840-48 and a break below tough support 1823 may leed to losses around 1740.

The sentiment is good because of the vaccine, but there are many other reasons that I wouldn't be so optimistic about EU currency like, jawboning from ECB and the stimulus deal that two European countries vetoed.

Anyway a trend is a trend until it changes to another trend, I just watch for clues in options positioning and fundamentals nothing less.
Looking for profitable short term trades ...|
  • #1,187,745
  • Nov 17, 2020 12:41am Nov 17, 2020 12:41am
Quoting Js3mwtRc
EURUSD is pushing to 1880, above is 1900-20, support comes first at 1840-48 and a break below tough support 1823 may leed to losses around 1740. The sentiment is good because of the vaccine, but there are many other reasons that I wouldn't be so optimistic about EU currency like, jawboning from ECB and the stimulus deal that two European countries vetoed. Anyway a trend is a trend until it changes to another trend, I just watch for clues in options positioning and fundamentals nothing less.
US GDP improved vs euro area
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  • #1,187,746
  • Nov 17, 2020 12:44am Nov 17, 2020 12:44am
Quoting JungleLionFx
{quote} US GDP improved vs euro area {image}
So what does that tell us?
  • #1,187,747
  • Nov 17, 2020 12:49am Nov 17, 2020 12:49am
Quoting Waveskierrob
{quote} So what does that tell us?

  1. jobs
  2. gdp
  3. production
  4. inflation rate
  5. interest rate

define currency strength or weakness

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  • #1,187,748
  • Nov 17, 2020 1:00am Nov 17, 2020 1:00am
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  • #1,187,749
  • Nov 17, 2020 1:06am Nov 17, 2020 1:06am
Quoting JungleLionFx
{quote} jobs gdp production inflation rate interest rate define currency strength or weakness
Yes I know all that but what does this tell us regarding EURUSD?
  • #1,187,750
  • Nov 17, 2020 1:22am Nov 17, 2020 1:22am
Quoting Waveskierrob
{quote} Yes I know all that but what does this tell us regarding EURUSD?
what is your opinion from this data, what do you perceive
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  • #1,187,751
  • Nov 17, 2020 1:24am Nov 17, 2020 1:24am
Quoting JungleLionFx
{quote} what is your opinion from this data, what do you perceive
I don't know I didn't post it that's why I'm asking you
  • #1,187,752
  • Nov 17, 2020 1:28am Nov 17, 2020 1:28am
Quoting Waveskierrob
{quote} I don't know I didn't post it that's why I'm asking you
this kind of data and eu making lower highs on daily ......
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  • #1,187,753
  • Nov 17, 2020 1:35am Nov 17, 2020 1:35am
Quoting JungleLionFx
{quote} this kind of data and eu making lower highs on daily ...... {image}
I'll make it easier for you, from the original post US GDP improved vs euro area do you think that eurusd will rise or fall and your reasons please.
  • #1,187,754
  • Nov 17, 2020 1:37am Nov 17, 2020 1:37am
Quoting JungleLionFx
{quote} US GDP improved vs euro area {image}
EURUSD will hard reach 1.2000, but I see some upside potential yet, US covid cases got worser and some European countries are doing better.

I am a bull above 1823 for today and nothing changes that, yet.
Looking for profitable short term trades ...|
  • #1,187,755
  • Nov 17, 2020 1:41am Nov 17, 2020 1:41am
Quoting JungleLionFx
{image}
Did you click send?
I will tear the world apart for you.
  • #1,187,756
  • Nov 17, 2020 1:43am Nov 17, 2020 1:43am
Quoting Barnell
{quote} Did you click send?
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  • #1,187,757
  • Nov 17, 2020 1:46am Nov 17, 2020 1:46am
any time frame below 50 is bearish

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  • #1,187,758
  • Nov 17, 2020 1:47am Nov 17, 2020 1:47am
Quoting Waveskierrob
{quote} I'll make it easier for you, from the original post US GDP improved vs euro area do you think that eurusd will rise or fall and your reasons please.
Means that US economy is getting stronger. EU may rise or, fall opposite this view from other reasons.

It maybe technical, investors look all the image, decide their strategy and also hedge against moves when they see risk.

Don't forget that anything can happen in forex, it is is the most dangerous investment product among other assets.
Looking for profitable short term trades ...|
  • #1,187,759
  • Nov 17, 2020 1:49am Nov 17, 2020 1:49am
Quoting Js3mwtRc
{quote} Means that US economy is getting stronger. EU may rise or, fall opposite this view from other reasons. It maybe technical, investors look all the image, decide their strategy and also hedge against moves when they see risk. Don't forget that anything can happen in forex, it is is the most dangerous investment product among other assets.
very rightly said
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  • #1,187,760
  • Nov 17, 2020 1:50am Nov 17, 2020 1:50am
Quoting JungleLionFx
{quote} {image}
Why though, lol.
I will tear the world apart for you.
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