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EURUSD

  • #1,195,501
  • Jun 8, 2021 5:11am Jun 8, 2021 5:11am
always be consistent on constant strategy and that will work for you. you will see best results coming out of that strategy.
  • #1,195,502
  • Jun 8, 2021 5:12am Jun 8, 2021 5:12am
Quoting Isabella_D
{quote} Senti from FF I have seen, sometime forecast FF/Myfx differ, see above, I try H4 down. But it s a hard thing as long as CHF is high. {image}
Maybe at 2195/2200 ... but then it will move more up, not the best setup for the bears, maybe at Thursday.
Looking for profitable short term trades ...|
  • #1,195,503
  • Jun 8, 2021 5:19am Jun 8, 2021 5:19am
Why is it that european trading sessions are nonexistent? Its almost like there are only 2 sessions, tokyo and ny. London is just shitty zigzag day after day after day and not a single move starts after london opens before ny.
  • #1,195,504
  • Jun 8, 2021 5:26am Jun 8, 2021 5:26am
Quoting mades
Why is it that european trading sessions are nonexistent? Its almost like there are only 2 sessions, tokyo and ny. London is just shitty zigzag day after day after day and not a single move starts after london opens before ny.
Tokyo session is just as shitty these days. I look at it more as the set up session. I remember the days when Tokyo used to move.
  • #1,195,505
  • Jun 8, 2021 5:33am Jun 8, 2021 5:33am
Buy at 1,2180.
  • #1,195,506
  • Jun 8, 2021 5:34am Jun 8, 2021 5:34am
Quoting OnlineAddict
{quote} EU GDP is negative...US GBP is HIGHLY positive. How do you read this as fundamentally good for euro? US is re-open, some states for a long time now...EU is still under lockdown, even movement between countries is restricted. EU has been broke before covid...I seriously don't see any fundamentals that would even give EU a little hope into the future...its done. Good times are over and will never come back, because socialism never created anything of value, it only spends money that capitalism creates. And for EU to turn from socialism, it...
Man... look i really don't want to offend anyone, i don't enjoy fighting as well. So please, read what i said there carefully. I already answered your question. I am highlighting that part:

Quoting Nordling00
Euro Area GDP datas are out. It came out 0.3 points higher than expected. This can make a bullish impact for a day or two, but it's actually a bad thing for the value of Euro since GDP's biggest components are personal spending and government spending, which means supply of the currency to the world. Still, Euro has a fundamental advantage over USD. Difference is not big as it was before the GDP data, but Euro still have the upper hand. It all depends on Thursday's US Inflation data now. I am still long. I will update.
If what i said is not convincing enough, here's a real example showing components of GDP:

Attached Image


See, biggest components of GDP are "consumption" and "government spending. That's why i say high GDP is bad. More you spend/consume, more currency you are supplying to the world, which depreciates the currency.

Edit: Europe is not socialist smh, they are also capitalists and liberals, they are just more of a "social liberals" compared to USA
You have to have an IQ higher than 90 to interact with this user.
  • #1,195,507
  • Jun 8, 2021 5:35am Jun 8, 2021 5:35am
Quoting fxpipper
{quote} Tokyo session is just as shitty these days. I look at it more as the set up session. I remember the days when Tokyo used to move.
True but still quite a few major movements start before London and once the trend is established, they stick to it. But that 8-13 GMT is just a dead zone, having at least one stupid zigzag at the start and literally nothing happens after until US traders join. All you can see are long wicks on hourly/4h candles.

It used to be waaay different. US trading session is now the only prime time for trading.
  • #1,195,508
  • Jun 8, 2021 5:48am Jun 8, 2021 5:48am
2164 should hold, but for how long, too many hours of waiting and also several world-wide websites are currently offline due to Fastly services outage, bad day for trading lets hope US brings something better
Looking for profitable short term trades ...|
  • #1,195,509
  • Jun 8, 2021 5:50am Jun 8, 2021 5:50am
Quoting Nordling00
{quote} Man... look i really don't want to offend anyone, i don't enjoy fighting as well. So please, read what i said there carefully. I already answered your question. I am highlighting that part: {quote} If what i said is not convincing enough, here's a real example showing components of GDP: {image} See, biggest components of GDP are "consumption" and "government spending. That's why i say high GDP is bad. More you spend/consume, more currency you are supplying to the world, which depreciates the currency. Edit: Europe is not socialist smh, they...
When people start talking politics and calling Western Countries socialist like Europe. What a pathetic statement. But you can't expect nothing good from this guy because he is not a trader. You gave him a good explanation, you schooled him, but he won't get it.
  • #1,195,510
  • Jun 8, 2021 6:14am Jun 8, 2021 6:14am
Quoting Techanalyst
{quote} When people start talking politics and calling Western Countries socialist like Europe. What a pathetic statement. But you can't expect nothing good from this guy because he is not a trader. You gave him a good explanation, you schooled him, but he won't get it.
Capitalism is the best system ever created but of course it has it's disadvantages. Some people are born disadvantaged, unlucky and they can't get proper education, some even starving etc. So when you let that happen you literally give them no chance and they start stealing etc. and committing crimes. That's why there are "ghettos" and stuff. What EU is trying to do is using taxes to educate them and giving a chance to them. It is a social thing to do but it's not "socialist" or "communist" smh.

I do not know why this concept is so hard for them to understand.
You have to have an IQ higher than 90 to interact with this user.
  • #1,195,511
  • Jun 8, 2021 6:23am Jun 8, 2021 6:23am
Quoting Nordling00
{quote} Capitalism is the best system ever created but of course it has it's disadvantages. Some people are born disadvantaged, unlucky and they can't get proper education, some even starving etc. So when you let that happen you literally give them no chance and they start stealing etc. and committing crimes. That's why there are "ghettos" and stuff. What EU is trying to do is using taxes to educate them and giving a chance to them. It is a social thing to do but it's not "socialist" or "communist" smh. I do not know why this concept is so hard...
Uneducated people like to create and make up conspiracy theories. Even if they know and are sure that it is not true, they want to be told what they want to hear. They don't want to do the hard work. That is the spoiled Western world unfortunately. But either way... look at this forecast on EUR looks interesting...

https://tradingeconomics.com/euro-area/gdp

Click on the "Forecast".
  • #1,195,512
  • Jun 8, 2021 6:25am Jun 8, 2021 6:25am
Quoting Nordling00
{quote} Capitalism is the best system ever created but of course it has it's disadvantages. Some people are born disadvantaged, unlucky and they can't get proper education, some even starving etc. So when you let that happen you literally give them no chance and they start stealing etc. and committing crimes. That's why there are "ghettos" and stuff. What EU is trying to do is using taxes to educate them and giving a chance to them. It is a social thing to do but it's not "socialist" or "communist" smh. I do not know why this concept is so hard...
Dude, there are a shitload of ghettos in EU, too...every major city has them, even within the cities itself there are places where you can't go and be safe. The high taxes aren't doing shit, other than being stolen by politicians and their buddies. And it is socialism...I experienced both communism and socialism before, I know them well. What EU and their high taxes and bureaucracy are doing is discouraging smart people to stay there. Because if you ever ran a business in the EU, you would know that entrepreneurs are pretty much being punished here for working hard...and on the other hand, people who are lazy and contribute nothing, have more monthly income than hard working people elsewhere. Thats socialism...and it always fails...because the smart, hard working ones, will eventually either stop working and trying and join the lazy group or they will leave. And there is a reason most people with good ideas leave for either US or Asia, because there they are rewarded for their ideas and hard work, not punished.
Everyone can see the chart, but only a few can actually read it.
  • #1,195,513
  • Jun 8, 2021 6:34am Jun 8, 2021 6:34am
Quoting OnlineAddict
{quote} Dude, there are a shitload of ghettos in EU, too...every major city has them, even within the cities itself there are places where you can't go and be safe. The high taxes aren't doing shit, other than being stolen by politicians and their buddies. And it is socialism...I experienced both communism and socialism before, I know them well. What EU and their high taxes and bureaucracy are doing is discouraging smart people to stay there. Because if you ever ran a business in the EU, you would know that entrepreneurs are pretty much being punished...
You haven't experienced socialism and communism. If you have you wouldn't be talking like that. Stop spreading your conspiracies they are stupid plain and simple. There are ghettos everywhere more or less. No one will stop working especially in the western world. People there like to have their big houses and nice cars. They work non stop during the week and enjoy the weekend. EU, GB, USA, China, Australia, NZ, Russia, Canada, the whole world is relying on the economy of those countries. You really are spreading conspiracies here and it is not good for new or struggling traders. You really need to learn economics 101. Macro trading and so on, you really have no idea what you're talking about.
  • #1,195,514
  • Jun 8, 2021 6:38am Jun 8, 2021 6:38am
Quoting Techanalyst
{quote} You haven't experienced socialism and communism. If you have you wouldn't be talking like that. Stop spreading your conspiracies they are stupid plain and simple. There are ghettos everywhere more or less. No one will stop working especially in the western world. People there like to have their big houses and nice cars. They work non stop during the week and enjoy the weekend. EU, GB, USA, China, Australia, NZ, Russia, Canada, the whole world is relying on the economy of those countries. You really are spreading conspiracies here and it...
No, YOU haven't experienced neither socialism or communism, so please stop spreading your smartass theories. Your "knowledge" comes from youtube, I suppose. Mine comes from living through those things and expriencing them.

p.s. I have a masters degree in economics.

Please go back to buying EU above 2200, thats what you are "good" at the past 3 weeks, maybe you can close a few trades 5 pips in profit.
Everyone can see the chart, but only a few can actually read it.
  • #1,195,515
  • Jun 8, 2021 6:48am Jun 8, 2021 6:48am
People, I am trying to find a thread EUR/USD. Am I on the wrong place?
  • #1,195,516
  • Jun 8, 2021 6:55am Jun 8, 2021 6:55am
Quoting OnlineAddict
{quote} No, YOU haven't experienced neither socialism or communism, so please stop spreading your smartass theories. Your "knowledge" comes from youtube, I suppose. Mine comes from living through those things and expriencing them. p.s. I have a masters degree in economics. Please go back to buying EU above 2200, thats what you are "good" at the past 3 weeks, maybe you can close a few trades 5 pips in profit.
I have, I'm from Ex-Yugoslavia so I know what I'm talking about. You don't have a degree, all you have is a conspiracy theories. I don't trade 5 pips in pennies, that is something that you do. I trade long term, according to macro economics analysis and applying it to charts trading. Stop spreading your nonsense here, it is not helpful to anyone. If you had masters degree in economics, you would not be saying what you are saying now about trading. You are clueless. Get out of this thread.
  • #1,195,517
  • Jun 8, 2021 6:55am Jun 8, 2021 6:55am
Quoting bigiivan
People, I am trying to find a thread EUR/USD. Am I on the wrong place?
Take your buddy "OnlineAddict" and get him out of here.
  • #1,195,518
  • Jun 8, 2021 6:57am Jun 8, 2021 6:57am
GDP in Euro Area is expected to reach 12700.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area GDP is projected to trend around 13400.00 USD Billion in 2022 and 13800.00 USD Billion in 2023, according to our econometric models.

Source: https://tradingeconomics.com/euro-area/gdp

Click "Forecast".
  • #1,195,519
  • Jun 8, 2021 6:58am Jun 8, 2021 6:58am
Does anyone has an opinion about EUR/USD?
  • #1,195,520
  • Jun 8, 2021 7:02am Jun 8, 2021 7:02am
Quoting OnlineAddict
{quote} Dude, there are a shitload of ghettos in EU, too...every major city has them, even within the cities itself there are places where you can't go and be safe. The high taxes aren't doing shit, other than being stolen by politicians and their buddies. And it is socialism...I experienced both communism and socialism before, I know them well. What EU and their high taxes and bureaucracy are doing is discouraging smart people to stay there. Because if you ever ran a business in the EU, you would know that entrepreneurs are pretty much being punished...
Half right and half wrong. Yeah there's lots of ghettos everywhere. But those people have more options in EU compared to the US. Education is free, healthcare is free etc. So it's more easy for them to reach these things in EU. You know when people are desperate, they will commit crimes. Take a look at Brazil, they have very rich areas and also favelas(ghetto) next to them. Crime rate is so high. Cause they are pushed away and had no chance but becoming an outlaw. We should of course reward the smart and hard working people, but we can't push away the others either. Cause one day they will come back with a gun on their hands. Like in Brazil. Society is like a chain, if some parts are weak, it will break.
You have to have an IQ higher than 90 to interact with this user.
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