Attachments: EURUSD

EURUSD

Last Post
1 60422 60423 Page 60424 60425 60426 61391
1 Page 60424 61391

#1,208,461
Jan 18, 2022 10:30am Jan 18, 2022 10:30am

Parabolic1
| Joined Aug 2020 | Status: Trader | 19 Posts

Looks like Techanalyst was right again. Not sure why so many here want to challenge him.. I've been following him for a long time and he tends to be on point. Even my purely-technical analysis was in line with his.

Attached Image(s) (click to enlarge)

Click to Enlarge

Name: Screenshot_20220116-205915_TradingView.jpg
Size: 163 KB

Click to Enlarge

Name: Screenshot_20220118-112524_TradingView.jpg
Size: 447 KB

#1,208,462
Jan 18, 2022 10:37am Jan 18, 2022 10:37am

Windstrown
| Joined May 2014 | Status: Trader | 1,506 Posts | Online Now

Quoting Windstrown

Disliked

{quote} Almost there

Ignored

Done 150+pips ✌

#1,208,463
Jan 18, 2022 10:39am Jan 18, 2022 10:39am

F.g
Joined Aug 2016 | Status: Trader | 10,367 Posts

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 186 KB

Reversed to short [ quite late...

]. Hope to make up my losses in a few hours...

#1,208,464
Jan 18, 2022 10:40am Jan 18, 2022 10:40am

etrade360
| Joined Oct 2011 | Status: Trader | 216 Posts

Quoting Techanalyst

Disliked

{quote} Hi redneck cracker, be more specific what do you want to know about USDJPY today?

Ignored

- First of all, i don't stand on both side. I just wanna stop fighting between you and him, bring peaceful to the room.
- I've already known what happen to USD/JPY. I don't need you "teach" me.
- I'm not "redneck". I'm Asian. I've seen you're racist.
- Look at my avatar, it was a last rank when i went home, hope you understand how i was, how i am, as soldier's behavior recently.
- Thank you very much if you control your temper, your language. I'm not easy bully by any body.
Is that clear ??

BullShit BearShit

#1,208,465
Jan 18, 2022 10:40am Jan 18, 2022 10:40am

fxpipper
Joined Apr 2009 | Status: Trader | 805 Posts

Quoting Techanalyst

Disliked

{quote} True, these were my previous positions since June.2021. {image}

Ignored

Nice. Longer term trading sure does seem like the way to go. Less stress and less noise. But difficult for people with smaller accounts, who are generally more impatient, and especially for those trading with prop firms where holding positions over the weekend is prohibited.

#1,208,466
Jan 18, 2022 10:47am Jan 18, 2022 10:47am

Techanalyst
| Membership Revoked | Joined Jul 2020 | 7,294 Posts

Quoting etrade360

Disliked

{quote} - First of all, i don't stand on both side. I just wanna stop fighting between you and him, bring peaceful to the room. - I've already known what happen to USD/JPY. I don't need you "teach" me. - I'm not "redneck". I've seen you're racist. - Look at my avatar, it was a last rank when i went home, hope you understand how i was, how i am, as soldier's behavior recently. - Thank you very much if you control your temper, your language. I'm not easy bully by any body. Is that clear ??

Ignored

You are the one that started saying Tom and Jerry, so if you don't want to get bullied do not start bullying understood?!!! Good, second you can take that racist BS and shove it in your behind. No one is racist here, understood?!!! Good. I am not teaching you, you appeared out of nowhere, I don't care who you are or about you. I don't care about your avatar or rank, it absolutely does nothing for me. Things are clear for now, stay off my back and i will stay off yours, understood?!! Good.

#1,208,467
Jan 18, 2022 10:51am Jan 18, 2022 10:51am

Techanalyst
| Membership Revoked | Joined Jul 2020 | 7,294 Posts

Quoting fxpipper

Disliked

{quote} Nice. Longer term trading sure does seem like the way to go. Less stress and less noise. But difficult for people with smaller accounts, who are generally more impatient, and especially for those trading with prop firms where holding positions over the weekend is prohibited.

Ignored

That is why people with small accounts need to use smallest lot possible. They need to pay attention to margin, or yet, start with small account, use smallest lots, until they understand how macroeconomics with trading works. The problem is when they do not know that, like an example with EURUSD, they jump in buy, they get excited, they hold, and this turns and goes back down again, because banks are looking for liquidity and they take everyone out of their positions. Once they understand that, people need to save couple of thousands of $ and start like that. Once they understand all of that the account will grow faster. Trade safe.

#1,208,468
Jan 18, 2022 10:52am Jan 18, 2022 10:52am

LucasT
| Joined Jun 2015 | Status: Trader | 620 Posts

Quoting F.g

Disliked

{image} Reversed to short [ quite late... ]. Hope to make up my losses in a few hours...

Ignored

Buy now

Fundamental provide Volume, Technical shows Direction

#1,208,469
Jan 18, 2022 10:52am Jan 18, 2022 10:52am

trumps
Joined Mar 2020 | Status: Trader | 3,499 Posts

Quoting Bones

Disliked

{quote} ok ,thats all they control overnight

Ignored

Hi Bones, I was reading up on this.

"The most influential economics tool the central bank has under its control is the ability to increase or decrease the discount rate. Shifts in this crucial interest rate have a drastic effect on the building blocks of macroeconomics, such as consumer spending and borrowing".
https://www.investopedia.com/ask/ans...es-economy.asp
This is the only interest rate the Fed has the power to mandate (or directly set) and it seems to be quite an important one.

The Fed does not directly set via mandate, a specific Fed Funds rate, it doesn't have the authority to do this.
It can only move it toward a target range by influencing money supply.

"What is the federal funds rate?
Central to the Fed’s power is its ability to affect how much banks charge each other for lending money on an overnight basis, known as the federal funds rate. The Fed doesn’t have the authority to mandate and enforce a particular federal funds rate, so it’s forced to influence the money supply to move interest rates toward its target range"
https://www.cnbc.com/2019/07/31/here...r-decades.html
This website does talk up the importance of the Fed Funds rate and its influence on costs of mortgages etc "being central to it power" as stated above.

Compulsions can be hard to resist

#1,208,470
Jan 18, 2022 10:55am Jan 18, 2022 10:55am

etrade360
| Joined Oct 2011 | Status: Trader | 216 Posts

Quoting Techanalyst

Disliked

{quote} You are the one that started saying Tom and Jerry, so if you don't want to get bullied do not start bullying understood?!!! Good, second you can take that racist BS and shove it in your behind. No one is racist here, understood?!!! Good. I am not teaching you, you appeared out of nowhere, I don't care who you are or about you. I don't care about your avatar or rank, it absolutely does nothing for me. Things are clear for now, stay off my back and i will stay off yours, understood?!! Good.

Ignored

I don't start Tom/Jerry. Some body did. You need to grow up like a man. And you can't command me stay off your back, understood ?? I try to nice to every body but now you against me, i will fool you around to the end for fun

BullShit BearShit

#1,208,471
Edited 11:07am Jan 18, 2022 10:56am | Edited 11:07am

Techanalyst
| Membership Revoked | Joined Jul 2020 | 7,294 Posts

Quoting etrade360

Disliked

{quote} I don't start Tom/Jerry. Some body did. You need to grow up like a man. And you can't command me stay off your back, understood ?? I try to nice to every body but now you against me, i will fool you around to the end for fun

Ignored

I am a grown mature man. Take your own advice. You are only fooling yourself. I can command you to stay off my back, you will be simply put on ignore list.

#1,208,472
Jan 18, 2022 10:59am Jan 18, 2022 10:59am