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  • Post #144,821
  • Quote
  • Feb 3, 2022 9:42am Feb 3, 2022 9:42am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 6,211 Posts | Online Now
One more short at 1.1400. Already almost 140 pips. Absolutely no reason for the rise but I love it when it rises this fast at once.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
1
  • Post #144,822
  • Quote
  • Feb 3, 2022 9:44am Feb 3, 2022 9:44am
  •  suthmo
  • Joined Feb 2010 | Status: Member | 6,498 Posts
There was a little left on the top. I'm still holding short. SL and buy stop at 1320 now.
Founder of Sutherland Wave Principle
 
1
  • Post #144,823
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  • Feb 3, 2022 9:45am Feb 3, 2022 9:45am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 1,878 Posts | Online Now
Reloaded but this is done for me, too much margin, we must looking at this all the time, waiting to drop or 1,1450
 
1
  • Post #144,824
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  • Feb 3, 2022 9:45am Feb 3, 2022 9:45am
  •  sammytee001
  • | Joined Jan 2022 | Status: Member | 16 Posts
Well. What a day
Make sure you factor in fundamentals in your analysis.
Wish us all the best. Another news coming up in 15 min
 
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  • ScalaFX
  • Post #144,826
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  • Feb 3, 2022 9:49am Feb 3, 2022 9:49am
  •  MarvOli
  • | Joined Aug 2021 | Status: Member | 49 Posts
Quoting bensmith2012
Disliked
{quote} You shouldve listened to the experts here
Ignored

Bahaha. Alright, point me to an expert, and I'll show you when he/she was wrong at some point. I'm a swing trader, not a scalper. Just trying to pick up some key levels.

95.535 was a very key level on DXY.

US 10yr rates moving HIGHER now at 1.838%

Gold dropping. All signs that USD headed higher. I still hold that opinion
 
1
  • Post #144,827
  • Quote
  • Feb 3, 2022 9:52am Feb 3, 2022 9:52am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 1,878 Posts | Online Now
Quoting ScalaFX
Disliked
Gold ⛷⛷⛷
Ignored
I want the same drop at EU ⛷
 
 
  • Post #144,828
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  • Feb 3, 2022 9:59am Feb 3, 2022 9:59am
  •  zigana30
  • | Joined Dec 2017 | Status: Member | 5 Posts
hello Dear Traders,
in my way what i see EURUSD is just pushing upwards according somne propogenda newses, all what they need to trick trap buyers here, thats why the jumping the lollipops. in my way i see second huge drop in coming days, im live on sells as you see in picture.
Attached Image (click to enlarge)
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  • Post #144,829
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  • Feb 3, 2022 9:59am Feb 3, 2022 9:59am
  •  imohsin360
  • | Joined Sep 2016 | Status: Member | 38 Posts
Quoting Ata-Turkoglu
Disliked
Press conference still live.. So let's see if this rise is solid even after.. Careful around 1.1395!
Ignored
yes fundamentally you are right Ata as no rate hikes in 2022, price should drop after some time
 
1
  • Post #144,830
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  • Feb 3, 2022 10:00am Feb 3, 2022 10:00am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 1,878 Posts | Online Now
Quoting zigana30
Disliked
hello Dear Traders, in my way what i see EURUSD is just pushing upwards according somne propogenda newses, all what they need to trick trap buyers here, thats why the jumping the lollipops. in my way i see second huge drop in coming days, im live on sells as you see in picture. {image}
Ignored
Im with you, hope to see new low ⛷⛷⛷
 
 
  • Post #144,831
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  • Feb 3, 2022 10:01am Feb 3, 2022 10:01am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 6,211 Posts | Online Now
Quoting sammytee001
Disliked
Well. What a day Make sure you factor in fundamentals in your analysis. Wish us all the best. Another news coming up in 15 min
Ignored
Can you please tell us the fundamental reason for the rise? The pound has more reason to spike with the rate rises and all yet it couldn't do 100 pips. EU nothing. Lagarde sounded as dovish as hell, even said inflation was caused by energy but will come down over the cause of the year. According to her no rate rise till end of bond purchase. So what exactly fuelled the rise?

For me, I stayed out of shorts because saw that shorts increased from 35% to 52%. That was a recipe for short disaster. Just liquidity move. Has nothing to do with fundamentals in my honest opinion.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
3
  • Post #144,832
  • Quote
  • Feb 3, 2022 10:04am Feb 3, 2022 10:04am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 1,878 Posts | Online Now
Good data from Dollar, maybe now till end od the day we see some drop
 
 
  • Post #144,833
  • Quote
  • Feb 3, 2022 10:05am Feb 3, 2022 10:05am
  •  sammytee001
  • | Joined Jan 2022 | Status: Member | 16 Posts
Quoting Mitiblotch
Disliked
{quote} Can you please tell us the fundamental reason for the rise? The pound has more reason to spike with the rate rises and all yet it couldn't do 100 pips. EU nothing. Lagarde sounded as dovish as hell, even said inflation was caused by energy but will come down over the cause of the year. According to her no rate rise till end of bond purchase. So what exactly fuelled the rise? For me, I stayed out of shorts because saw that shorts increased from 35% to 52%. That was a recipe for short disaster. Just liquidity move. Has nothing to do with fundamentals...
Ignored
I'm just saying.
Liquidity move came during the meeting not before. Yes, something fishy might be happening, but I'm just talking about being careful. I wish everyone the best.
 
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  • Post #144,834
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  • Feb 3, 2022 10:06am Feb 3, 2022 10:06am
  •  suthmo
  • Joined Feb 2010 | Status: Member | 6,498 Posts
Waiting for test of 51 Elliot's target for 5th wave abc correction.
Founder of Sutherland Wave Principle
 
1
  • Post #144,835
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  • Feb 3, 2022 10:06am Feb 3, 2022 10:06am
  •  MrGuy
  • | Joined Jan 2021 | Status: Member | 216 Posts
Quoting Mitiblotch
Disliked
{quote} Can you please tell us the fundamental reason for the rise? The pound has more reason to spike with the rate rises and all yet it couldn't do 100 pips. EU nothing. Lagarde sounded as dovish as hell, even said inflation was caused by energy but will come down over the cause of the year. According to her no rate rise till end of bond purchase. So what exactly fuelled the rise? For me, I stayed out of shorts because saw that shorts increased from 35% to 52%. That was a recipe for short disaster. Just liquidity move. Has nothing to do with fundamentals...
Ignored
The ever-so-slightly (basically, a smidge less dovish) sentiment came from Lagarde not ruling out 2022 hike and commenting on inflation risks increasing. That's enough to prompt the move. It'd be somewhat coincidental for the move to coincide with Lagarde's presser, while being nothing more than a liquidity drive wouldn't it?
A wise man changes his mind, a fool never will
 
1
  • Post #144,836
  • Quote
  • Feb 3, 2022 10:07am Feb 3, 2022 10:07am
  •  Ppromise
  • | Joined Feb 2022 | Status: Junior Member | 1 Post
Please if a news that is suppose to release by 4pm releases at that exact time and it shows no data please guys what does it mean please guys am sorry for asking this big question please reply me it urgent
 
 
  • Post #144,837
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  • Feb 3, 2022 10:08am Feb 3, 2022 10:08am
  •  TT.bullish
  • | Joined Sep 2021 | Status: Member | 15 Posts
Quoting Freddyfx
Disliked
NFP is going to be SUPER interesting.
Ignored
Maybe it's set up nicely for tomorrow who knows?
 
 
  • Post #144,838
  • Quote
  • Feb 3, 2022 10:09am Feb 3, 2022 10:09am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 1,878 Posts | Online Now
Quoting suthmo
Disliked
Waiting for test of 51 Elliot's target for 5th wave abc correction.
Ignored
Hey Mate, can you upload this levels on chart? Im courious how looks like this Elliots points
 
1
  • Post #144,839
  • Quote
  • Feb 3, 2022 10:13am Feb 3, 2022 10:13am
  •  suthmo
  • Joined Feb 2010 | Status: Member | 6,498 Posts
Head and shoulders pattern on the 1 min chart. I need price to go down and break the kneck line @ 1383.
Founder of Sutherland Wave Principle
 
1
  • Post #144,840
  • Quote
  • Feb 3, 2022 10:13am Feb 3, 2022 10:13am
  •  zigana30
  • | Joined Dec 2017 | Status: Member | 5 Posts
can you please explain why oil prices gliding sideways not going up and not going down, as everyone knows it goes 100 $ bpd, so i think if everyone knows so everyone becomes richer, thats why they produce propogendas and newses, in my opinion i also see oil dropping to 51$ bpd upcoming days whats you guys scenario over it,
 
 
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