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  • #41
  • Jan 10, 2021 12:35am Jan 10, 2021 12:35am
Quoting Kaysole
{quote} Thank you for the chart. I understand your argument for the dollar depreciation seen with a daily chart, but viewing the monthly, I don't see the major downtrend. If anything, from 2008 onwards, it seems to be in an ascending channel. Of course, even the daily timeframe is considered long term, so it probably wouldn't make a difference anyway. Now I don't know if you're strictly a TA trader or not, but I just came across this article on forexlive.com and Adam (the writer) gave some convincing arguments (in my opinion) for possible dollar...
Thx Kaysole.
My down trend comment was relating to PA since March 2020.
Trends are open so much to interpretation depending where we look.
Compulsions can be hard to resist
  • #42
  • Jan 10, 2021 2:46am Jan 10, 2021 2:46am
Quoting trumps
{quote}My down trend comment was relating to PA since March 2020.
I understand.

Quoting trumps
{quote}Trends are open so much to interpretation depending where we look.
I completely agree.
  • #43
  • Jan 10, 2021 2:54am Jan 10, 2021 2:54am
Quoting JayBag
Hello Everyone, Welcome to Traders with Trade Explorer (LIVE). The idea of the thread is to accommodate all traders with a LIVE TE display. I have put up a few rules to guild us Rules: Only Traders with a Live TE are allowed to post on here. Respect fellow traders at all times All major pairs and ideas can be discussed here Jokes are welcome Above are the simple rules I would like all participants to kindly follow in other to maintain sanity on this thread. I will probably add on as time goes. Note: The thread should not be considered...

Hey good luck with your new thread. I will keep an eye on it.
  • #44
  • Jan 10, 2021 3:12am Jan 10, 2021 3:12am
Quoting trumps
{quote} Hi Jaume Go to your profile page Click on "settings" Got to "Forum" section Go to "Trade Explorer Signature" Select your Trade Explorer name Click "Save Settings".
Thank you mr trumps!
  • #45
  • Jan 10, 2021 3:13am Jan 10, 2021 3:13am
Quoting Kaysole
{quote} This is the ascending channel which I was referring to. {image}
I disagree ... dollar has finished it's bear run temporarily and will be correcting up until 94 (presumably). seems to be the daily resistance. This bullishness from dollar will take most of the other currencies down... unless u r scalping. It will be a good idea to sell GBP on rallys.
Attached Image (click to enlarge)
Click to Enlarge Name: usdollar.png Size: 62 KB
STING
  • #46
  • Jan 10, 2021 3:53am Jan 10, 2021 3:53am
Quoting stringfx
{quote} I disagree ... dollar has finished it's bear run temporarily and will be correcting up until 94 (presumably). seems to be the daily resistance. This bullishness from dollar will take most of the other currencies down... unless u r scalping. It will be a good idea to sell GBP on rallys. {image}
With which part of my post that you quoted do you disagree?
  • #47
  • Jan 10, 2021 5:45am Jan 10, 2021 5:45am
Quoting Kaysole
At the start of the trading session on Monday, I plan to long cable with a target of 1.3615 and afterwards (if prices reaches that level), I intend to short it with a target of 1.3500. Of course, all this could change after the market opens, but this is my plan for the time being.

oops!!! sorry about that. i read that u r going to long gbp with the above post, and i went and clumsily quoted the wrong post.. apologies.

i trade gbp as well and with the current economic turmoil with Brexit and covid, gbp is the worst performing currency other than USD. (majors). so it would be quite suicidal to long it. if scalping i would choose nzd or aud to long than gbp. Anyway it's only an opinion, so ignore it ... have a great trading week.!
STING
  • #48
  • Jan 10, 2021 6:19am Jan 10, 2021 6:19am
Good that Jaybag open this thread.

Don't post on that GBP thread again that's full of fakers. Happy trading guys. Cheers.
Know what you trade
  • #49
  • Jan 10, 2021 6:48am Jan 10, 2021 6:48am
Quoting stringfx
{quote} oops!!! sorry about that. i read that u r going to long gbp with the above post, and i went and clumsily quoted the wrong post.. apologies. i trade gbp as well and with the current economic turmoil with Brexit and covid, gbp is the worst performing currency other than USD. (majors). so it would be quite suicidal to long it. if scalping i would choose nzd or aud to long than gbp. Anyway it's only an opinion, so ignore it ... have a great trading week.!
No worries stringfx, I agree with your view as I plan to short the rallies myself and scalp a few longs along the way.

Good luck in your trading.
  • #50
  • Jan 10, 2021 7:59am Jan 10, 2021 7:59am
Quoting gellowmellow
Gonna check this thread often. Hope to see constructive trade ideas here. Shouldn’t there be a rule that TEs should show full history (without custom start)? Otherwise... well, I leave it to the owner.
Hi Gellow,

Good question. Our main focus at this time is to have serious traders (Live traders) exchange ideas in the thread. Account history may not be relevant at the moment. Long as there is a displayed LIVE TE to back up your opinion or ideas shared, that should be enough.

The point is to eliminate ‘wanna be’ traders who just say things and post PICTURES of profits but don’t really do anything.

Thank you for dropping by
SS
  • #51
  • Jan 10, 2021 8:02am Jan 10, 2021 8:02am
Quoting Connors
{quote} Hey good luck with your new thread. I will keep an eye on it.
Thanks for stopping by bro. Much appreciated. It will be great to have you around more often.
  • #52
  • Jan 10, 2021 8:03am Jan 10, 2021 8:03am
Quoting stringfx
{quote} I disagree ... dollar has finished it's bear run temporarily and will be correcting up until 94 (presumably). seems to be the daily resistance. This bullishness from dollar will take most of the other currencies down... unless u r scalping. It will be a good idea to sell GBP on rallys. {image}
Hi String, would you be kind enough to upload a LIVE TE? Thank you

SS
  • #53
  • Jan 10, 2021 9:22pm Jan 10, 2021 9:22pm
Quoting Kaysole
At the start of the trading session on Monday, I plan to long cable with a target of 1.3615 and afterwards (if prices reaches that level), I intend to short it with a target of 1.3500. Of course, all this could change after the market opens, but this is my plan for the time being.
Honestly speaking, I didn't expect this strong down movement in cable (maybe Japan being on holiday exacerbated the move?). Regardless, I'm still buying with a target of 1.3625. About my plan to sell, that's been put on hold until I make out a clearer picture of what's happening.

Good luck everyone.
  • #54
  • Jan 11, 2021 12:04am Jan 11, 2021 12:04am
Quoting Kaysole
{quote} Honestly speaking, I didn't expect this strong down movement in cable (maybe Japan being on holiday exacerbated the move?). Regardless, I'm still buying with a target of 1.3625. About my plan to sell, that's been put on hold until I make out a clearer picture of what's happening. Good luck everyone.
Hi K,

By default, I have to agree with you
Target wise might be different but same idea

Let's see how it goes
SS
  • #55
  • Jan 11, 2021 12:24am Jan 11, 2021 12:24am
Quoting JayBag
{quote} Hi K, By default, I have to agree with you Target wise might be different but same idea Let's see how it goes SS
I think you know who is about to wake up. When he does, he'll come out guns blazing.
  • #56
  • Jan 11, 2021 12:28am Jan 11, 2021 12:28am
Quoting Kaysole
{quote} I think you know who is about to wake up. When he does, he'll come out guns blazing.
Oh snap..

They've been doing him dirty all Asia session. I can only imagine how cross he is right now
Wish we could trigger he's alarm sooner but there's reward in waiting
  • #57
  • Jan 11, 2021 12:33am Jan 11, 2021 12:33am
Quoting JayBag
{quote} Oh snap.. They've been doing him dirty all Asia session. I can only imagine how cross he is right now Wish we could trigger he's alarm sooner but there's reward in waiting
  • #58
  • Jan 11, 2021 1:04am Jan 11, 2021 1:04am
Good morning loves,
Does anyone trade bitcoin? I would love to get some friends who love bitcoin like me.
Threesome Daddy
  • #59
  • Jan 11, 2021 1:20am Jan 11, 2021 1:20am
Quoting SingaRich
Good morning loves, Does anyone trade bitcoin? I would love to get some friends who love bitcoin like me.
Hi Singa,

I am not sure most here trade BTC.. I am starting to pay attention to it though. I like how it moves

Maybe after a few more retrace, I may consider investing on it for long term

SS
  • #60
  • Jan 11, 2021 1:47am Jan 11, 2021 1:47am
Who’s ready for Spike Lee? He’s currently at the parking lot, talking to he’s side chick on the phone


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