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EURUSD

  • #1,216,861
  • Jul 5, 2022 3:30am Jul 5, 2022 3:30am
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E. 5' --- Going long here at 3 33

  • #1,216,862
  • Jul 5, 2022 3:43am Jul 5, 2022 3:43am
Quoting JauntyLoon
{quote} Switching between time frames isn't the key to profit, it's the key to confusion - just like 'indicators'. USD has been in an uptrend for months (and oil), but at soon as retail traders start going long USD you know it will have a big retracement until they're all shaken out. It's the only certainty in markets!
Have an open mind for the markets. Just take a deep breath and study the markets until you can speak its language. I could tell you that about 3 hours ago, I hedged a long that I placed 8 hours ago. I did all that analysis on the minute chart. Folks will tell you its a no no, to touch the minute chart as it is too "nosiy". Did I have stop outs today? yes quite a few, because I maintain tight stops on a minute chart. Like stops in the pippetes. But the drop in the EURUSD more than paid for the stop outs. They were easily erased by my gains.

If I can do it, so can you. We were all once where you were, blaming the big boys. Until we decided, how about we try to see what they see and join along on the ride.
  • #1,216,863
  • Jul 5, 2022 3:44am Jul 5, 2022 3:44am
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E. 5' - Long...Longer...Longest. . . . .

  • #1,216,864
  • Jul 5, 2022 3:44am Jul 5, 2022 3:44am
all time lows long also long 1.0333 tight sl
  • #1,216,865
  • Jul 5, 2022 4:16am Jul 5, 2022 4:16am
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E. 5' - Extra long. No SL Piporro.....

  • #1,216,866
  • Jul 5, 2022 4:20am Jul 5, 2022 4:20am
why were most of the major forex pairs falling today, even pairs like the GBP/JPY???
the dxy was rising but the USD/JPY was plummeting which makes it all the more confusing from EUR/GBP to NZD/CAD all fell
  • #1,216,867
  • Jul 5, 2022 4:31am Jul 5, 2022 4:31am
Quoting ZenNy
I am thinking long, just need a signal.....can happen soon or tomorrow....lest see..
will be buying only above 0375
trading is simple but is simple is not easy.
  • #1,216,868
  • Jul 5, 2022 4:32am Jul 5, 2022 4:32am
Quoting pips123qwe
why were most of the major forex pairs falling today, even pairs like the GBP/JPY??? the dxy was rising but the USD/JPY was plummeting which makes it all the more confusing from EUR/GBP to NZD/CAD all fell
because that is what makes forex fun when things are volatile
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,216,869
  • Jul 5, 2022 4:36am Jul 5, 2022 4:36am
tight sl

1.01743 open

good old fashiion london break out ...
use to be like this every day
  • #1,216,870
  • Jul 5, 2022 4:40am Jul 5, 2022 4:40am
Sell everything and take profit at 1.0, then buy your mom a house
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,216,871
  • Jul 5, 2022 4:49am Jul 5, 2022 4:49am
Quoting Js3mwtRc
The price is ranging in a bearish trend and probably the short opportunities are going to offer more pips than the long opportunities, but in a summer season we may see both long and short strategies make the same money around, because of probable ranging conditions. Watch! To a sustainable - strong break of 0339 (Monthly level) my view will not count anymore and only shorts will be offered as the best opportunity to make more money and longs will be in danger of a great loss. The price may reach to 1.0210 first. Next week the NFP will be the event...
The bearish trend is no more in a wait and see phase, the price broke the 0339 low and now it is clear that we are in it. As I wrote on my weekend post "a sustainable - strong break of 0339 (Monthly level) my view will not count anymore and only shorts will be offered as the best opportunity to make more money and longs will be in danger of a great loss."

It is crazy to think about buying EURUSD as a retail trader, but a close above the big number (0339) may give this opportunity that may come one in dozen times.

Now enjoy the bearish trend as it last.
Looking for profitable short term trades ...|
  • #1,216,872
  • Jul 5, 2022 5:44am Jul 5, 2022 5:44am
Quoting Js3mwtRc
Good day. EU didn't droped below 0418 yesterday a support I look for more price action. Now it looks like, it tries to rise at yesterdays top, but its having second thoughts, don't know what that is. We can see it at the edges (0360/0489) today, or tomorrow.
Still haven't found what it was thinking when it was looking up there. Maybe its the interest rate diferential that brought it down. Lagarde needs to make much more and US should seen a recesion and cutting rates for this to go up again. Parity is near!
Looking for profitable short term trades ...|
  • #1,216,873
  • Edited 8:02am Jul 5, 2022 6:38am | Edited 8:02am
Quoting pips123qwe
why were most of the major forex pairs falling today, even pairs like the GBP/JPY??? the dxy was rising but the USD/JPY was plummeting which makes it all the more confusing from EUR/GBP to NZD/CAD all fell
why were most of the major forex pairs falling today,

Other than academic curiosity, does it REALLY matter WHY they fell???
To free Gazans of Hamas, use whatever it takes.
  • #1,216,874
  • Jul 5, 2022 6:54am Jul 5, 2022 6:54am
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$JY 5' --- I was stoped at 81 [ SL ] and reentered at 70 again long . SL now at 135.72

  • #1,216,875
  • Jul 5, 2022 7:59am Jul 5, 2022 7:59am
attendtion to parity level
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The Average Discount Everything
  • #1,216,876
  • Jul 5, 2022 8:13am Jul 5, 2022 8:13am
can someone tell me why USD getting strong, i can't see any news today .. anyone ?
Work Hard In Silence, Let Your Success Be Your Noise.
  • #1,216,877
  • Jul 5, 2022 8:40am Jul 5, 2022 8:40am
Off to the races today at the U.S. open, indices have a huge stonk-off and the dollar has a huge stonk-on, yet bond yields are falling
  • #1,216,878
  • Jul 5, 2022 8:46am Jul 5, 2022 8:46am
What a crazy day without news
Fundamental provide Volume, Technical shows Direction
  • #1,216,879
  • Jul 5, 2022 9:00am Jul 5, 2022 9:00am
Quoting keep4x
can someone tell me why USD getting strong, i can't see any news today .. anyone ?
fundamentals, geopolitics, inflation, rising interest rates, risk-off
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,216,880
  • Jul 5, 2022 9:10am Jul 5, 2022 9:10am
get on the train to 1.018

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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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