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EURUSD

  • #1,200,561
  • Oct 16, 2021 6:15am Oct 16, 2021 6:15am
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  • #1,200,562
  • Oct 16, 2021 8:30am Oct 16, 2021 8:30am
Quoting suthmo
i started out looking at gbp/usd but it can wipe out gains so fast I like old slow eur/usd here haha. Steady nickle beats the fast buck.
I have barely traded this currency pair since the Brexit vote, now that I think about it.
  • #1,200,563
  • Oct 16, 2021 8:41am Oct 16, 2021 8:41am
there is a reason why the cable thread is so busy. it isn't easy to trade.
In tea leaves we trust!
  • #1,200,564
  • Oct 16, 2021 11:23am Oct 16, 2021 11:23am
GBP pairs are good to get rich fast (or poor fast, choose one). I like EURGBP cross.
Follow your guts, if you want to lose your money...
  • #1,200,565
  • Oct 16, 2021 11:52am Oct 16, 2021 11:52am
Patricia, sweetheart, it is still consolidating on the 9-day EMA - will it head up after all? There are better FX pairs to bet on right now
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  • #1,200,566
  • Oct 16, 2021 11:52am Oct 16, 2021 11:52am
Quoting duve
https://youtu.be/Q6VnkwaNiNw

Most retail traders are desperate punters getting taken advantage of, it's sad.
  • #1,200,567
  • Oct 16, 2021 11:53am Oct 16, 2021 11:53am
The DXY needs to test 9360!
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  • #1,200,568
  • Oct 16, 2021 11:54am Oct 16, 2021 11:54am
Quoting JotaP
GBP pairs are good to get rich fast (or poor fast, choose one). I like EURGBP cross.
That's FX in a nusthell, and 98% lose a fortune
  • #1,200,569
  • Oct 16, 2021 12:06pm Oct 16, 2021 12:06pm
Quoting JauntyLoon
{quote} Most retail traders are desperate punters getting taken advantage of, it's sad.
Well, that's why we have this forum to help each other become better traders. I will have something in there near future to help new and novice retail traders.
  • #1,200,570
  • Oct 16, 2021 12:12pm Oct 16, 2021 12:12pm
Quoting JauntyLoon
{quote} That's FX in a nusthell, and 98% lose a fortune
There are techniques and fundamental models that retail traders don't understand nor know about. That's the part the misinformed traders don't know. Most traders begin trading live markets too early in this profession. So that's where the bulk of the 90% loser comes from. Just my 2 cents.
  • #1,200,571
  • Oct 17, 2021 2:54am Oct 17, 2021 2:54am
EURUSD didn't made it to 1.2500 from the time (May 2020 to Sep 2021) speculators bought it and now COT report shows that the net positioning is -18,4K (less than previous week) but below zero.

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As long as the positioning stands minus net, EU is targeting the recent lows, before 1.1000

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Looking for profitable short term trades ...|
  • #1,200,572
  • Oct 17, 2021 7:07am Oct 17, 2021 7:07am
🗣The most anticipated analysis. Thoughts here and there will be highly appreciated for real guys. Thanks FF guys and gals
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  • #1,200,573
  • Oct 17, 2021 7:31am Oct 17, 2021 7:31am
The PSAR on my daily chart is turned bullish already… let`s see.
  • #1,200,574
  • Oct 17, 2021 1:03pm Oct 17, 2021 1:03pm
Holding my shorts I wanna watch eurusd burn!
Master your mind. Master Trading.
  • #1,200,575
  • Oct 17, 2021 3:27pm Oct 17, 2021 3:27pm
The EURUSD market is presently sideways after the recent bearish drive. Price action on the daily timeframe is within a falling wedge (blue). It surged below a significant 1.15700 weekly horizontal support area (green) on October 6, tested the nearby wedge support trendline and turned sideways in the area for several days. Last week Wednesday, it made a bullish drive that close above the wedge support trendline and the 1.15700 weekly horizontal support area (green). However, there was no bullish follow-up as price action printed indecision candlesticks on Thursday and Friday. It is now retesting a daily supply zone around 1.16140. Any further bullish move would face significant challenges northwards, and the technical impulse favours bears more than bulls.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #1,200,576
  • Oct 17, 2021 5:55pm Oct 17, 2021 5:55pm
The trend is clearly down, it's just a question of how much further up it will go before dropping again
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  • #1,200,577
  • Oct 17, 2021 6:06pm Oct 17, 2021 6:06pm
9 day EMA is a dancer, maybe we get a bounce to 1.1640
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  • #1,200,578
  • Oct 17, 2021 6:23pm Oct 17, 2021 6:23pm
Aussie oi! When the purple line pops out above the cloud, then a long to 0.7600 is in play!
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  • #1,200,579
  • Oct 17, 2021 6:29pm Oct 17, 2021 6:29pm
Don't forget GBP ;-)

https://www.reuters.com/article/imf-...-idUSKBN2H708S
  • #1,200,580
  • Oct 17, 2021 10:27pm Oct 17, 2021 10:27pm
Breakdown alert!
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