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EURUSD

  • #1,188,581
  • Dec 10, 2020 7:28pm Dec 10, 2020 7:28pm
Quoting here2there
{quote} But I am not the one here posting multiple comments belittling people for making bad trading calls. You are. My point is you shouldn't do that. And if you think you have a right to do something like that, then at the very least, you should prove you can do better.
You are right!

Your starting to grow on me!

I should have said it in a better way!

My apologies to anyone offended....on that note if you were offended consider learning from some of the better traders here.

Actually....it was you...with your comments on ignoring news
LOCK IN RE-ENTER
  • #1,188,582
  • Edited 9:32pm Dec 10, 2020 9:18pm | Edited 9:32pm
Quoting mistaouting
{quote} ... Actually....it was you...with your comments on ignoring news
I didn't say you should ignore the news. My point was that most news in this space is noise, which I believe is created for the purpose of manipulating behavior. Whether you agree with that or not doesn't matter to me. What matters is knowing how to read price action and executing trades using good money management. Following the news could have you bouncing all over the place. It's better to stick to the Daily time frame and look for entries on the 4HR. You don't need to follow the news to do that successfully. Some news is important, however, and therefore, useful for trading. I don't deny that.
Learn from your mistakes and march on.
  • #1,188,583
  • Dec 10, 2020 10:03pm Dec 10, 2020 10:03pm
Can both of you start with a trade prediction for tonight`s EUR USD?
Live long and prosper
  • #1,188,584
  • Dec 11, 2020 12:19am Dec 11, 2020 12:19am
Good day. EU trend looks better today in the overall image, support comes at previous resistance, 2123 and 2096 low. Above 2177 is the first hardle and if, it breaks 2200 is next.

Friday profit taking, brexit news and covid-19 stimulus are the risks, aside from whats in the calendar.

Have a great trading day ahead.
Looking for profitable short term trades ...|
  • #1,188,585
  • Dec 11, 2020 12:51am Dec 11, 2020 12:51am
Quoting Techanalyst
{quote} No selling on EURUSD. Only buying on pullbacks. Of course unless you are scalper/day trader. But daily chart and up, I am only buying EURUSD.
Yea I think you are right its worth a gamble
  • #1,188,586
  • Dec 11, 2020 1:13am Dec 11, 2020 1:13am
Eurusd possibly entered into a complete buy zone.
  • #1,188,587
  • Dec 11, 2020 1:33am Dec 11, 2020 1:33am
It looks bearish to me ...

Let's wait 8.15 GMT and we will see what direction it will take!!!!
  • #1,188,588
  • Dec 11, 2020 3:14am Dec 11, 2020 3:14am
I think, we got a good low in DOW ...[ 29.812 ]......
  • #1,188,589
  • Dec 11, 2020 3:19am Dec 11, 2020 3:19am
Next sell in 2h
  • #1,188,590
  • Dec 11, 2020 4:21am Dec 11, 2020 4:21am
1.21 12 is good enough for a low. Bullish. There is more to go up next week , imho.....

  • #1,188,591
  • Dec 11, 2020 5:29am Dec 11, 2020 5:29am
What is really happening these days in forex market is pure manipulation by banks. The algo is acting like boxers or bouncers and their role is to chase weak account with less than 70% margin level.. They all turn out as a cartel and start to attack till the retailer got blow out.. If not, at the later night hours before japan open they create fake wild move and steal money from accounts..
Pure robbery!
  • #1,188,592
  • Dec 11, 2020 6:42am Dec 11, 2020 6:42am
Quoting Leesi
What is really happening these days in forex market is pure manipulation by banks. The algo is acting like boxers or bouncers and their role is to chase weak account with less than 70% margin level.. They all turn out as a cartel and start to attack till the retailer got blow out.. If not, at the later night hours before japan open they create fake wild move and steal money from accounts.. Pure robbery!
I don't think big banks and institutions go after retail traders. We are a small fish. They invest with multi million, multi billion of dollars. They don't even notice us on trading platforms.
  • #1,188,593
  • Dec 11, 2020 7:01am Dec 11, 2020 7:01am
Quoting Techanalyst
{quote} I don't think big banks and institutions go after retail traders. We are a small fish. They invest with multi million, multi billion of dollars. They don't even notice us on trading platforms.
I think you make a point. They will not notice that amount of money we use and leverage doesn't make any changes. Eventually what we earn in the market comes back into the market one way or another.
  • #1,188,594
  • Dec 11, 2020 7:40am Dec 11, 2020 7:40am
Quoting Techanalyst
{quote} I don't think big banks and institutions go after retail traders. We are a small fish...
Whether big fish or little fish, money is money. Retail is easy money, so of course they are going to take advantage of that.
Learn from your mistakes and march on.
  • #1,188,595
  • Dec 11, 2020 7:42am Dec 11, 2020 7:42am
Quoting Arturke
{quote} ...Eventually what we earn in the market comes back into the market one way or another.
It's a vicious cycle. Few overcome it.
Learn from your mistakes and march on.
  • #1,188,596
  • Dec 11, 2020 8:00am Dec 11, 2020 8:00am
Quoting here2there
{quote} It's a vicious cycle. Few overcome it.
I know what you mean.
  • #1,188,597
  • Dec 11, 2020 8:09am Dec 11, 2020 8:09am
So guys if you want to gamble choose another pair this pair is not for you. EURUSD is not for you.
  • #1,188,598
  • Dec 11, 2020 8:19am Dec 11, 2020 8:19am
I think this correction is coming to its end now...... 1.21 10 was enough....

  • #1,188,599
  • Dec 11, 2020 9:03am Dec 11, 2020 9:03am
Quoting Arturke
So guys if you want to gamble choose another pair this pair is not for you. EURUSD is not for you.
Really EURUSD is my best gambling pair tiny spread with lots of movement what's not to love about this pair
  • #1,188,600
  • Dec 11, 2020 9:30am Dec 11, 2020 9:30am
Quoting Arturke
So guys if you want to gamble choose another pair this pair is not for you. EURUSD is not for you.
If you want to gamble, I would suggest casino. I also would not suggest gambling at all. If you want to trade/invest, that is much better option.
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