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  • #131,741
  • May 7, 2021 7:17am May 7, 2021 7:17am
Quoting mtako
{quote} Nic, wedge ! Nic loves those wedges ! Nice, but I dont trust any moves so close to these news.
Haha, true that. Won‘t buy back before the numbers anyway, glad I sold 20%, made some free cash available.
Another day, another dollar.
  • #131,742
  • May 7, 2021 7:32am May 7, 2021 7:32am
well, i didn'tsee that coming.
Withdrawal makes your profit real.
  • #131,743
  • May 7, 2021 7:32am May 7, 2021 7:32am
Lol, got back in with my 20% long at a worse price but my overall position has huge profits so be it.
Another day, another dollar.
  • #131,744
  • Edited 7:53am May 7, 2021 7:41am | Edited 7:53am
What a bummer - in my view there is a very high probability of a sustained uptrend now for some days - this was definitely not what the FED was looking for, the process of thinking of thinking about tapering is off the table for now. Also it is definitely not worse enough to trigger a risk-off. Don't think that there will be a sell the news effect for this event, that was rather a black swan to the downside. Let's see.
Another day, another dollar.
  • #131,745
  • May 7, 2021 7:45am May 7, 2021 7:45am
buying until end market, 1.21633/1.22227 as target
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The Average Discount Everything
  • #131,746
  • May 7, 2021 7:48am May 7, 2021 7:48am
Seems like these numbers are totally random. It's like wtf really. Or smart money just makes research for dumb money investors..
Another day, another dollar.
  • #131,747
  • May 7, 2021 7:52am May 7, 2021 7:52am
Think 1.2100 is major support now while next big resistance is 1.2275. However, we first have to pass 90.37 in DXY, think this is also a big resistance. Not sure what this is in terms of EURUSD, probably 1.2150 or so. What do you reckon?
Another day, another dollar.
  • #131,748
  • May 7, 2021 7:52am May 7, 2021 7:52am
Quoting nic9man
Seems like these numbers are totally random. It's like wtf really. Or smart money just makes research for dumb money investors..
They are not actually. Or maybe are they? More possible tbh... But still. There was also level 1.2062. That's why I was expecting the buy. NFP is easy to trade as hell.

SF
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  • #131,749
  • May 7, 2021 8:01am May 7, 2021 8:01am
Where do you think will the selloff start?
  • #131,750
  • May 7, 2021 8:03am May 7, 2021 8:03am
Quoting nic9man
Think 1.2100 is major support now while next big resistance is 1.2275. However, we first have to pass 90.37 in DXY, think this is also a big resistance. Not sure what this is in terms of EURUSD, probably 1.2150 or so. What do you reckon?
Its still too early to know, volatility dancer still going.
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #131,751
  • May 7, 2021 8:06am May 7, 2021 8:06am
Well shoot - I missed the first 15 minutes. Should coulda woulda kept my longs from last night open lol.
--post hoc ergo propter hoc--
  • #131,752
  • May 7, 2021 8:12am May 7, 2021 8:12am
Good thing I re-opened the long from the morning that got stopped at BE. Closed it @ .2120. Other than that, enough forex for today. This leads me to think of only trading upon publication of these shattering news, he he he. I've earned 47 pips, hence calling it a day. I am going to get a tomahawk steak for tomorrow's braai. Have a great weekend, Everyone!
  • #131,753
  • May 7, 2021 8:12am May 7, 2021 8:12am
Opposite of falling knife.. don't try to catch it..
Focus only on what truly matters!
  • #131,754
  • May 7, 2021 8:13am May 7, 2021 8:13am
Quoting Monk
Well shoot - I missed the first 15 minutes. Should coulda woulda kept my longs from last night open lol.
throwing my hat in with a small long @ 2110 sl just under 2100. Tried a small short before posting at 2129 with a tight stop obviously losses that one quick looking for the fast retrace and now here we are.

now I remember why I loved and hated this day. Worse then “losing” on a trade for NFP is The Who that “got away” lol
--post hoc ergo propter hoc--
  • #131,755
  • May 7, 2021 8:14am May 7, 2021 8:14am
Quoting Ata-Turkoglu
Opposite of falling knife.. don't try to catch it..
Yes sure lost 6% im out
  • #131,756
  • May 7, 2021 8:14am May 7, 2021 8:14am
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The Average Discount Everything
  • #131,757
  • May 7, 2021 8:22am May 7, 2021 8:22am
Quoting mtako
{quote} Now no selling allowed above 2084 but actually am very serious, dont do it. No buying allowed under it before volatility dance has ended chachacha

Now no selling allowed above 2106 but actually am very serious, dont do it.

No buying allowed under it before volatility dance has ended chachacha


Is the bear finally waking up after +-50 hours flatline ? Wonder which one of you revived it
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #131,758
  • May 7, 2021 8:23am May 7, 2021 8:23am
Think this will be a nice wedge, good buy upportunity just above 1.2100

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Another day, another dollar.
  • #131,759
  • May 7, 2021 8:24am May 7, 2021 8:24am
Quoting Sansz
Where do you think will the selloff start?
Why do you think there will be a sell off? What in the charts is indicating that to you? I'm curious - really
...because you never know - until you do!
  • #131,760
  • May 7, 2021 8:25am May 7, 2021 8:25am
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The Average Discount Everything
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