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  • #1,188,761
  • Dec 16, 2020 4:02pm Dec 16, 2020 4:02pm
Quoting NYWallSt
Letting it rock. Been going long since May EUR/USD. I'm aiming for 1.2800 zone. First, we'll see how 1.2200 holds up. {image}
at some point in 2021 with news constant?
LOCK IN RE-ENTER
  • #1,188,762
  • Dec 16, 2020 4:07pm Dec 16, 2020 4:07pm
Quoting mistaouting
{quote} its making its way....nice investment. dont see it replacing hard cash
Cash is on its way out. Bitcoin likely won't replace it, because it is too slow and expensive. There are other cryptocurrencies that are capable of replacing it, however, such as XRP and XLM. If that happens, Bitcoin maximalists will be shocked. Time will tell.
Learn from your mistakes and march on.
  • #1,188,763
  • Dec 16, 2020 4:27pm Dec 16, 2020 4:27pm
Quoting here2there
{quote} Cash is on its way out. Bitcoin likely won't replace it, because it is too slow and expensive. There are other cryptocurrencies that are capable of replacing it, however, such as XRP and XLM. If that happens, Bitcoin maximalists will be shocked. Time will tell.
cash is king
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  • #1,188,764
  • Dec 16, 2020 4:29pm Dec 16, 2020 4:29pm
BTCUSD and EURUSD Two twin brothers could not be more the same. Bitcoin is going up and Euro too.
  • #1,188,765
  • Dec 16, 2020 4:29pm Dec 16, 2020 4:29pm
Quoting mistaouting
{quote} cash is king
You will remember this conversation in a few years and wish you were more open-minded about crypto (maybe sooner).
Learn from your mistakes and march on.
  • #1,188,766
  • Dec 16, 2020 4:31pm Dec 16, 2020 4:31pm
Quoting here2there
{quote} You will remember this conversation in a few years and wish you were more open-minded about crypto (maybe sooner).
i dont think im closed minded to it....i believe it has its place and advantages

just don't see it replacing cash!
LOCK IN RE-ENTER
  • #1,188,767
  • Dec 16, 2020 4:33pm Dec 16, 2020 4:33pm
Quoting mistaouting
{quote} i dont think im closed minded to it....i believe it has its place and advantages just don't see it replacing cash!
Cash is already in the process of being replaced. In the future, currency will be digital. We are moving towards a cashless society.
Learn from your mistakes and march on.
  • #1,188,768
  • Dec 16, 2020 4:33pm Dec 16, 2020 4:33pm
Quoting mistaouting
{quote} at some point in 2021 with news constant?
In 2021. It's only about 600 pips away and right now the Bulls are steering the wheel. Of course there will be some ups and downs but the overall trend since April/May is up.
"The market doesn't beat them, they beat themselves" - J. Livermore
  • #1,188,769
  • Dec 16, 2020 4:40pm Dec 16, 2020 4:40pm
Quoting NYWallSt
{quote} In 2021. It's only about 600 pips away and right now the Bulls are steering the wheel. Of course there will be some ups and downs but the overall trend since April/May is up.
and if it continued the same trend it wouldn't hit or be near that level until May or June of 2021

EDIT: Maybe April if you wanted to nice and optimistic; and again that's with new constant
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  • #1,188,770
  • Dec 16, 2020 6:43pm Dec 16, 2020 6:43pm
Quoting mistaouting
{quote} and if it continued the same trend it wouldn't hit or be near that level until May or June of 2021 EDIT: Maybe April if you wanted to nice and optimistic; and again that's with new constant
also feel like 2300-2500 area may prove to be a key area; 2 times support and 1 time resistance over the past 20 year monthly chart...feel like you cant forgo that price region directly to 2800

just looking guess im beating a ant with sledge hammer....

but weekly ATR about 180 pips and its only a little over 2 weeks in 2020
LOCK IN RE-ENTER
  • #1,188,771
  • Dec 16, 2020 7:26pm Dec 16, 2020 7:26pm
Quoting here2there
{quote} Cash is already in the process of being replaced. In the future, currency will be digital. We are moving towards a cashless society.
Could be. Most likely will. It will still be controlled by governments and banks, and every bitcoin transaction is tracked.
  • #1,188,772
  • Dec 16, 2020 8:48pm Dec 16, 2020 8:48pm
Quoting Techanalyst
{quote} ...and every bitcoin transaction is tracked.
That's one of the best things about Bitcoin. Contrary to what fiat loving Bitcoin haters want people to believe, Bitcoin is more transparent than cash. Every transaction is recorded on the blockchain forever (for as long as it exists).
Learn from your mistakes and march on.
  • #1,188,773
  • Dec 16, 2020 9:00pm Dec 16, 2020 9:00pm
Quoting here2there
{quote} That's one of the best things about Bitcoin. Contrary to what fiat loving Bitcoin haters want people to believe, Bitcoin is more transparent than cash. Every transaction is recorded on the blockchain forever (for as long as it exists).
that's why bitcoin loving fiat haters cant understand....thats why cash is king
LOCK IN RE-ENTER
  • #1,188,774
  • Dec 16, 2020 10:25pm Dec 16, 2020 10:25pm
Quoting mistaouting
{quote} that's why bitcoin loving fiat haters cant understand....thats why cash is king
Actually, the people in Bitcoin do understand and are far ahead of those who put their trust in cash.
Learn from your mistakes and march on.
  • #1,188,775
  • Dec 16, 2020 10:27pm Dec 16, 2020 10:27pm
Techanalyst, one of the best shot caller to ever lived. Now that we are at 1.2230... whatcha got for us? XD. I still believe the strong break out until January and more. Could really see 1.27xx?? I havent been on Forex as much. Literally been swing trading and holding for weeks.
just want to drop by and give credit to where its due. Full time Stock trading now xD. Life have been great and I hope everyone here is still whooping ass on Forex as I am as well!
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Trade what you see, take what the market gives you.
  • #1,188,776
  • Dec 16, 2020 11:17pm Dec 16, 2020 11:17pm
Quoting VuLe
Techanalyst, one of the best shot caller to ever lived. Now that we are at 1.2230... whatcha got for us? XD. I still believe the strong break out until January and more. Could really see 1.27xx?? I havent been on Forex as much. Literally been swing trading and holding for weeks. just want to drop by and give credit to where its due. Full time Stock trading now xD. Life have been great and I hope everyone here is still whooping ass on Forex as I am as well! {image} {image}
good
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  • #1,188,777
  • Dec 16, 2020 11:21pm Dec 16, 2020 11:21pm
Quoting PatienceFx
{quote} good {image}
booked all longs, out n dry now
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  • #1,188,778
  • Dec 16, 2020 11:33pm Dec 16, 2020 11:33pm
YEAP,........Flat and watching...

  • #1,188,779
  • Dec 17, 2020 12:31am Dec 17, 2020 12:31am
Create a fake fall and stop out all long and squeeze the system. Then move opposite way squeeze volume and slowly with micro lot push price higher and stop out short sellers with out creating any noice..once majority of retailers stopped out, use speed robotic software to reverse the game.
A clear manipulation going on with a control in the volume.
  • #1,188,780
  • Dec 17, 2020 12:36am Dec 17, 2020 12:36am
EU did its run and stoped below 2250 where it might take a break, before it attack 2300.

2190 and 2150 are supports.

FOMC didn't manage to hold down a strong EU, but it upgraded its forecasts (the reverse from what ECB did for 2021) and that was enough for a retrace down to 1.2125, now this level and 1.2100 are significant for its near term upside. A break below that zone could lead a way for 1.2000.

Have a great trading day ahead.
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