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EURUSD

  • #1,200,401
  • Oct 13, 2021 10:25am Oct 13, 2021 10:25am
Quoting suthmo
Eur/usd u know it's heading for the toilet by friday haha
Maybe by thursday
POSTMASTER
  • #1,200,402
  • Oct 13, 2021 10:27am Oct 13, 2021 10:27am
Quoting PatienceFx
{quote} the rock broke into pieces lol
It has found some support at 1.1520, we may see some correction or retracement but after it will continue falling, probably.
  • #1,200,403
  • Oct 13, 2021 10:45am Oct 13, 2021 10:45am
Quoting james1254
{quote} It has found some support at 1.1520, we may see some correction or retracement but after it will continue falling, probably.
correct, this is fomc movement
  • #1,200,404
  • Oct 13, 2021 10:49am Oct 13, 2021 10:49am
Quoting Js3mwtRc
Todays levels. 1587 should cap any upside. US CPI and FOMC later are the main events to watch out! {image}
Price is at the upper zone after it found support below 1541 at 1536. I think that the unexpected upside move is from profit taking after the good news from the US CPI.

Also at the daily chart price broke 10 sma, so a short squeeze is the case for me. I will wait and trade tomorrow for more clarity from the FOMC meeting later.
Looking for profitable short term trades ...|
  • #1,200,405
  • Edited 12:08pm Oct 13, 2021 11:46am | Edited 12:08pm
EURUSD will need to continue moving down to fight staggering inflation, including oil prices (although this does not affect much the US, it affects commercial partners).
FOMO will keep preparing the terrain to increase Treasure Bills rates.
Nothing shows EURUSD can go much higher, it is probably as high as it will go for now.

So I will leave my position open overnight to close tomorrow.
Follow your guts, if you want to lose your money...
  • #1,200,406
  • Oct 13, 2021 11:47am Oct 13, 2021 11:47am
Quoting Js3mwtRc
{quote} Price is at the upper zone after it found support below 1541 at 1536. I think that the unexpected upside move is from profit taking after the good news from the US CPI. Also at the daily chart price broke 10 sma, so a short squeeze is the case for me. I will wait and trade tomorrow for more clarity from the FOMC meeting later.
the fomc news is coming BEFORE the US Govt shutdown news

so it will have a HUGE impact on usd

HUGE funding and hence HUGE money printing will be done.

EU will go north like a rocket.
  • #1,200,407
  • Oct 13, 2021 11:53am Oct 13, 2021 11:53am
Quoting PatienceFx
{quote} the fomc news is coming BEFORE the US Govt shutdown news so it will have a HUGE impact on usd HUGE funding and hence HUGE money printing will be done. EU will go north like a rocket.
House passed it today!
Looking for profitable short term trades ...|
  • #1,200,408
  • Edited 12:35pm Oct 13, 2021 12:20pm | Edited 12:35pm
Closed sells and bought 1581 damn...
It's gotta pullback from 1586..
Surely it going to pull back or dive from here.
Back to 1550 area.
Founder of Sutherland Wave Principle
  • #1,200,409
  • Oct 13, 2021 12:44pm Oct 13, 2021 12:44pm
Quoting JotaP
EURUSD will need to continue moving down to fight staggering inflation, including oil prices (although this does not affect much the US, it affects commercial partners). FOMO will keep preparing the terrain to increase Treasure Bills rates. Nothing shows EURUSD can go much higher, it is probably as high as it will go for now. So I will leave my position open overnight to close tomorrow.
your rocket is amazing !!!
Attached Image (click to enlarge)
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  • #1,200,410
  • Oct 13, 2021 12:46pm Oct 13, 2021 12:46pm
Watching 4hr resistance @1.15867, if current 4hour candle close above the resistance I will abort my idea of 1500 and start looking for long opportunities up to 2100
Plan your trades and trade your plan.
  • #1,200,411
  • Oct 13, 2021 1:04pm Oct 13, 2021 1:04pm
Quoting PatienceFx
{quote} your rocket is amazing !!! {image}
Correct, when there are enough people convinced the route is to the Moon, they will turn the spaceship course back to Earth without returning the tickets value.
Frustrating indeed.
Follow your guts, if you want to lose your money...
  • #1,200,412
  • Oct 13, 2021 1:23pm Oct 13, 2021 1:23pm
Quoting PatienceFx
{quote} your rocket is amazing !!! {image}
booked
  • #1,200,413
  • Oct 13, 2021 1:36pm Oct 13, 2021 1:36pm
what the fuck fomc is that??? in years 2005-2010 fomc and payrols makes everytime 200pips move..this forex is very near to final dead...
  • #1,200,414
  • Oct 13, 2021 1:45pm Oct 13, 2021 1:45pm
Quoting Robinhood1
Ok tricky market. was not completed. we now have move 6 What a surprise {image}
It was completed but because i have a signal for 6 moves up presumed otherwise. I can predict the 6th move(not to the pip thou) but cannot catch de beggining from move one. I know it will occur but not worth going in unless tiny trade.
EU should come down if we consider usdchf is correlated but not always happens. whats sure we have a 6 move up for Uchf and should think has started already. Just have to learn all aspects.
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POSTMASTER
  • #1,200,415
  • Oct 13, 2021 1:49pm Oct 13, 2021 1:49pm
Quoting Robinhood1
{quote} seems to be move 3 {image}
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POSTMASTER
  • #1,200,416
  • Oct 13, 2021 1:54pm Oct 13, 2021 1:54pm
AU will start move 1 and by logic at the same time audcad ends move 6.
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POSTMASTER
  • #1,200,417
  • Oct 13, 2021 2:04pm Oct 13, 2021 2:04pm
Gbpchf is also about to find end of move 6
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POSTMASTER
  • #1,200,418
  • Oct 13, 2021 5:12pm Oct 13, 2021 5:12pm
Quoting Robinhood1
{quote} {image}
Attached Image (click to enlarge)
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POSTMASTER
  • #1,200,419
  • Oct 13, 2021 11:19pm Oct 13, 2021 11:19pm
Quoting PatienceFx
{quote} one hour chart 4 candles in a row grab the hint
YYesterday I told Robin to grab the hint I do hope now that he understands what it meant
  • #1,200,420
  • Oct 14, 2021 12:24am Oct 14, 2021 12:24am
MT4 does not match
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POSTMASTER
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