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  • #1,192,621
  • Apr 7, 2021 3:00am Apr 7, 2021 3:00am
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Exited short at 1.18 79 for a small loss.

  • #1,192,622
  • Apr 7, 2021 3:04am Apr 7, 2021 3:04am
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and sold $JY with SL at 95.1

  • #1,192,623
  • Apr 7, 2021 3:09am Apr 7, 2021 3:09am
Sold, tp 1750 see ya there
  • #1,192,624
  • Apr 7, 2021 3:12am Apr 7, 2021 3:12am
Majority of drops are fake in nature to trap short sellers it seems..
  • #1,192,625
  • Apr 7, 2021 3:55am Apr 7, 2021 3:55am
Quoting Leesi
Majority of drops are fake in nature to trap short sellers it seems..
i thought daily 200 sma would be a good place to sell but given the factory orders and average hourly earnings .........
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  • #1,192,626
  • Apr 7, 2021 5:11am Apr 7, 2021 5:11am
1.1889 clear resistance, but I see a possible fake out to 1.1900s or even 1.1930s, all good to add shorts before FOMC as selling the rallies of monthly retrace..

Good Luck
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  • #1,192,627
  • Apr 7, 2021 5:27am Apr 7, 2021 5:27am
finally something i like
price is bullish on h1, h4, D so there is no selling yet
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  • #1,192,628
  • Apr 7, 2021 5:55am Apr 7, 2021 5:55am
Quoting JungleLionFx
finally something i like price is bullish on h1, h4, D so there is no selling yet {image}
monthly resistance 1903 coming up ; 14 week ATR completed
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  • #1,192,629
  • Apr 7, 2021 7:19am Apr 7, 2021 7:19am
Quoting 3Davy
{quote} There is your target? I think we can touch 1.1950 in a couple off days. Still bearish for long term.
My target, at the moment, is 1.1900. It may rally above that but I'm generally pretty conservative in that regard.
  • #1,192,630
  • Apr 7, 2021 7:24am Apr 7, 2021 7:24am
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Short, as shown

Exited JY at 109.91

  • #1,192,631
  • Apr 7, 2021 7:33am Apr 7, 2021 7:33am
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  • #1,192,632
  • Apr 7, 2021 7:39am Apr 7, 2021 7:39am
average hourly earnings fell
factory orders fell
trade balance is bad

covid is a nuisance now ; this means fomc today will be weak usd, so safer to avoid selling eu
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  • #1,192,633
  • Apr 7, 2021 8:03am Apr 7, 2021 8:03am
Quoting JungleLionFx
average hourly earnings fell factory orders fell trade balance is bad covid is a nuisance now ; this means fomc today will be weak usd, so safer to avoid selling eu
based on these facts , i will not short now
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  • #1,192,634
  • Apr 7, 2021 8:43am Apr 7, 2021 8:43am
Nothing keeping Euro strength than SNB curbing chf strength by buying Euro, just look at manipulation in Eurchf pair that should fall to near 1.10 first.
At later hours EC always falls as SNB folks go to
Expecting same today.

Of course the technical part is found as EU just retracing on monthly as said before, but SNB slows weakness and adds strength!
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  • #1,192,635
  • Apr 7, 2021 8:52am Apr 7, 2021 8:52am
Quoting ChiForex
Nothing keeping Euro strength than SNB curbing chf strength by buying Euro, just look at manipulation in Eurchf pair that should fall to near 1.10 first. At later hours EC always falls as SNB folks go to Expecting same today. Of course the technical part is found as EU just retracing on monthly as said before, but SNB slows weakness and adds strength!
if there was any snb manipulation, it will be huge

eurchf barely touched 61.8% of 14 week ATR which means snb is innocent

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usdchf clearly shows the movement is based on usd news and events

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  • #1,192,636
  • Apr 7, 2021 9:16am Apr 7, 2021 9:16am
Dude I know how EC works..leave it to me

The days of SNB 100 and more pips interventions ended long years ago with the peg. Same as BOJ ones did..

Clearly after the FED especially with other CBs were unhappy and raised the voice..

CB just need some pips pumps from time to time to warn speculators before the later again challenge it and so on.

Anyways, SNB aren't ashamed and they mention their interventions in every monetary policy statement, you can read it..
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  • #1,192,637
  • Apr 7, 2021 1:27pm Apr 7, 2021 1:27pm
in good years 2005-2010 every FOMC make 100-300pips move on eur usd,what the fuck is this shit now??forex is DEAD!!!!!!!!its over!time for new buisness..
  • #1,192,638
  • Apr 7, 2021 2:01pm Apr 7, 2021 2:01pm
Quoting 4experience
In sell area but we may go to 1988{image}
Up is done
go down now
sell 1875
  • #1,192,639
  • Apr 7, 2021 2:12pm Apr 7, 2021 2:12pm
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Short...............

  • #1,192,640
  • Apr 7, 2021 2:37pm Apr 7, 2021 2:37pm
Quoting pridolfx
in good years 2005-2010 every FOMC make 100-300pips move on eur usd,what the fuck is this shit now??forex is DEAD!!!!!!!!its over!time for new buisness..
Indeed, Forex no longer like 5 and 10 years ago.
Maybe due to lot of different types of algorithms entered the game and fucked it up. Every one with few hundreds and thousands want to be a trader, enters and trades stupidly..little stupid trades from here and there added up to fucking up the system besides new factors weren't exist before.

The days EU and major pairs were moving smoothly like swinging or breakout perfectly with wide pips range, all ended long years ago.

Now most moves became random even if as a pro trader can expect most of it but not smooth and easy as before. Bad!!!
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