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EURUSD

  • #1,192,301
  • Mar 24, 2021 2:41pm Mar 24, 2021 2:41pm
Quoting here2there
{quote} Did you not see the the chart I posted? A correlation (negative), though not precise, is present. The problem is you don't understand Bitcoin's price action in connection to USDX, either because you don't trade it or you haven't had much experience trading it.
Bitcoin is not correlated asset. If you have proof show it, I showed that it is not correlated. Now you show that it is correlated.
  • #1,192,302
  • Mar 24, 2021 2:42pm Mar 24, 2021 2:42pm
Quoting Js3mwtRc
Correlation does not imply causation All are created by the big banks to support their view. You can just ask a simple question to find out > Why the price action isn't exactly the same in all correlated pairs. There is an example in this page I share: The faster that windmills are observed to rotate, the more wind is observed. Therefore, wind is caused by the rotation of windmills. (Or, simply put: windmills, as their name indicates, are machines used to produce wind.) I can have a theory and support it by using pure luck (two lines going together)....
Sure. But Bitcoins is not a correlated asset.
  • #1,192,303
  • Mar 24, 2021 2:43pm Mar 24, 2021 2:43pm
Quoting here2there
{quote} It is already having an effect on Bitcoin. You don't see it because you haven't been trading in this space long enough. I have been following Bitcoin since 2017. It's not what you think. You think you can just pull up a few charts and say, 'See, the patterns are not the same. There is no correlation.' But as I have told you before, it's not that simple. You can't think in terms of how currency pair correlations work in Forex. It's not the same with Bitcoin (not as precise). {image}
No correlation on these charts at all.
  • #1,192,304
  • Mar 24, 2021 2:46pm Mar 24, 2021 2:46pm
Attached Image (click to enlarge)
Click to Enlarge Name: ff183b88594ba59928828e59740a82c7.png Size: 202 KB

Shorting....... SL as shown

  • #1,192,305
  • Mar 24, 2021 2:48pm Mar 24, 2021 2:48pm
Quoting Techanalyst
{quote} Bitcoin is not correlated asset. If you have proof show it, I showed that it is not correlated. Now you show that it is correlated.
I already did. I have my doubts about you being a pro. There is too much that is questionable about your comments and charts. I doubt you are making a living from trading Forex.
Learn from your mistakes and march on.
  • #1,192,306
  • Mar 24, 2021 2:50pm Mar 24, 2021 2:50pm
Seems heading towards 1806-04
  • #1,192,307
  • Mar 24, 2021 2:55pm Mar 24, 2021 2:55pm
Quoting here2there
{quote} I already did. I have my doubts about you being a pro. There is too much that is questionable about your comments and charts. I doubt you are making a living from trading Forex.
Your charts do not show any correlation. Check your vision or brain and you will see. you are wrong in this case. Bitcoin is an asset that is not correlated with any other assets. Not for now at least, we are not sure what the future will bring. As for you having doubts about me making a living full time trading, I could care less. I am here everyday while I work(trade) so there is that. This is my full time job, and that is it. You on the other hand, the way you are guessing market here, I doubt that you are trading live at all. But who cares about that, the point is you are wrong about bitcoin being correlated. It is not correlated. I am not a pro, just a full time trader.

I will attach the chart to prove it to you again. You said you have been watching bitcoin since 2017? If you have you clearly did not learn anything within 4 years. It is just another asset that flew up a lot, other than that, it is same game, same patterns. If you don't know that, than time to look into another career.
Attached Image (click to enlarge)
Click to Enlarge Name: BTC10.png Size: 181 KB
  • #1,192,308
  • Mar 24, 2021 3:09pm Mar 24, 2021 3:09pm
Quoting Techanalyst
{quote} Your charts do not show any correlation. Check your vision or brain and you will see. you are wrong in this case. Bitcoin is an asset that is not correlated with any other assets. Not for now at least, we are not sure what the future will bring. As for you having doubts about me making a living full time trading, I could care less. I am here everyday while I work(trade) so there is that. This is my full time job, and that is it. You on the other hand, the way you are guessing market here, I doubt that you are trading live at all. But who...
You dont know what you are talking about when it comes to trading Bitcoin.
Learn from your mistakes and march on.
  • #1,192,309
  • Mar 24, 2021 3:24pm Mar 24, 2021 3:24pm
Quoting here2there
{quote} You dont know what you are talking about when it comes to trading Bitcoin.
Thanks for the laugh .
  • #1,192,310
  • Edited 7:01pm Mar 24, 2021 6:19pm | Edited 7:01pm
Quoting Techanalyst
{quote} Thanks for the laugh .
You deserve to be permanently ignored.
Learn from your mistakes and march on.
  • #1,192,311
  • Mar 24, 2021 7:41pm Mar 24, 2021 7:41pm
Quoting here2there
{quote} You deserve to be permanently ignored.
Sure .

You're still wrong about bitcoin. It is not correlated with any other assets.
  • #1,192,312
  • Mar 24, 2021 9:52pm Mar 24, 2021 9:52pm
1.18 225 Exited with small prft.....


Attached Image (click to enlarge)
Click to Enlarge Name: 21129091eeab6bd69ec98937ad4d7f2d.png Size: 204 KB
  • #1,192,313
  • Mar 24, 2021 10:32pm Mar 24, 2021 10:32pm
Spamers are active for some reason in this thread.. Seems to divert the attentiion
  • #1,192,314
  • Mar 24, 2021 10:44pm Mar 24, 2021 10:44pm
EURUSD next resistance 1.1850, break -> target 1.1880
  • #1,192,315
  • Mar 24, 2021 10:47pm Mar 24, 2021 10:47pm
according to kuwaiti law if a person diverts his attention away from his work, he should trade forex instead specifically eurusd
feel free to invite me to your forum, if you have any
  • #1,192,316
  • Mar 24, 2021 10:47pm Mar 24, 2021 10:47pm
Quoting here2there
{quote} When enough people start thinking like that, then sentiment will change. Then the majority will short EURUSD and lose. When the market gets to extremes, it takes guts to go against it. Those who have enough capital and patience to deal with DD will eventually win. If you don't have enough capital and patience to do that, then it likely won't end well. People who use high leverage are the ones who mostly get crushed, because they don't have enough capital to cover DD.
i use high leverage but never face the problem, most important is your trade entries price
  • #1,192,317
  • Mar 25, 2021 12:49am Mar 25, 2021 12:49am
Sell 1.1822 SL 1:1828
  • #1,192,318
  • Edited 1:45am Mar 25, 2021 1:15am | Edited 1:45am
EURUSD is bearish below 1853 and below 200 daily sma, above 1880/1900 are holding it down. Support comes at 1800 and 1760. Its ADR is 74 pips.

US jobs later on the calendar is what I will be watching.

Have a great trading day ahead.
Looking for profitable short term trades ...|
  • #1,192,319
  • Mar 25, 2021 1:32am Mar 25, 2021 1:32am
Quoting JungleLionFx
according to kuwaiti law if a person diverts his attention away from his work, he should trade forex instead specifically eurusd
Really ..
First time hearing about that new law!
  • #1,192,320
  • Mar 25, 2021 1:39am Mar 25, 2021 1:39am
Quoting JungleLionFx
according to kuwaiti law if a person diverts his attention away from his work, he should trade forex instead specifically eurusd
more specifically, downtrending eurusd
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