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  • #1,187,741
  • Nov 16, 2020 9:14pm Nov 16, 2020 9:14pm
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 9:15pm Nov 16, 2020 9:15pm
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 9:55pm Nov 16, 2020 9:55pm
target 1900+
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  • #1,187,744
  • Nov 16, 2020 10:31pm Nov 16, 2020 10:31pm
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 16, 2020 10:41pm Nov 16, 2020 10:41pm
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 16, 2020 10:44pm Nov 16, 2020 10:44pm
Quoting JungleLionFx
{quote} US GDP improved vs euro area {image}
So what does that tell us?
  • #1,187,747
  • Nov 16, 2020 10:49pm Nov 16, 2020 10:49pm
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 16, 2020 11:00pm Nov 16, 2020 11:00pm
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  • #1,187,749
  • Nov 16, 2020 11:06pm Nov 16, 2020 11:06pm
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 16, 2020 11:22pm Nov 16, 2020 11:22pm
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 16, 2020 11:24pm Nov 16, 2020 11:24pm
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 16, 2020 11:28pm Nov 16, 2020 11:28pm
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 16, 2020 11:35pm Nov 16, 2020 11:35pm
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 16, 2020 11:37pm Nov 16, 2020 11:37pm
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 16, 2020 11:41pm Nov 16, 2020 11:41pm
Quoting JungleLionFx
{image}
Did you click send?
I will tear the world apart for you.
  • #1,187,756
  • Nov 16, 2020 11:43pm Nov 16, 2020 11:43pm
Quoting Barnell
{quote} Did you click send?
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  • #1,187,757
  • Nov 16, 2020 11:46pm Nov 16, 2020 11:46pm
any time frame below 50 is bearish

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  • #1,187,758
  • Nov 16, 2020 11:47pm Nov 16, 2020 11:47pm
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 16, 2020 11:49pm Nov 16, 2020 11:49pm
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 16, 2020 11:50pm Nov 16, 2020 11:50pm
Quoting JungleLionFx
{quote} {image}
Why though, lol.
I will tear the world apart for you.
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