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  • Post #156,761
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  • Sep 14, 2022 9:23am Sep 14, 2022 9:23am
  •  investing101
  • Joined Oct 2009 | Status: Member | 947 Posts
"Mortgage rates top 6% first time since 2008" - CNBC

Bad news just keeps piling up on the EURO. Just remember that 2007-8 arguably destroyed a whole generation's prospects. I had just graduated from high school and by the time I was in college just about every industry had zero internships and little to no jobs. When the economy was finally booming, you had already graduated from college, and you were literally competing against college students for the opportunities you should have had years before. You were simply competing against better qualified and slightly younger people.

I swear my generation has the worst luck.
 
 
  • Post #156,762
  • Quote
  • Sep 14, 2022 9:30am Sep 14, 2022 9:30am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,987 Posts
Today correction was typical so far but not know what next , news effect may all puzzle again . like if now breaks and hold 9980 , then channel over and bottom test without correction further . one way better daily tf , below 9929 to up in good mode again.
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Not understand?never follow my analyses!
 
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  • Post #156,763
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  • Sep 14, 2022 9:31am Sep 14, 2022 9:31am
  •  imnicetoyou
  • | Joined Aug 2009 | Status: Member | 296 Posts
Quoting shay14
Disliked
eur will go down to 0.99118
Ignored
how you know? maybe.....?
 
 
  • Post #156,764
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  • Sep 14, 2022 9:31am Sep 14, 2022 9:31am
  •  ykk76
  • | Joined Apr 2013 | Status: Member | 31 Posts
Quoting shay14
Disliked
eur will go down to 0.99118
Ignored
- sold EURUSD now at 0.9990
- cover at 0.9940
 
 
  • Post #156,765
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  • Sep 14, 2022 9:32am Sep 14, 2022 9:32am
  •  skassacomput
  • | Joined Mar 2011 | Status: Member | 569 Posts
Quoting skassacomput
Disliked
actual situation: {image}
Ignored
still inside the channel... be careful

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If you do not know who you are, the Forex is the worst place to find you
 
 
  • Post #156,766
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  • Sep 14, 2022 9:34am Sep 14, 2022 9:34am
  •  buddha-
  • | Joined Feb 2019 | Status: Member | 1,349 Posts
1008 target for me
 
 
  • Post #156,767
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  • Sep 14, 2022 9:48am Sep 14, 2022 9:48am
  •  skassacomput
  • | Joined Mar 2011 | Status: Member | 569 Posts
Quoting skassacomput
Disliked
{quote} still inside the channel... be careful {image}
Ignored
buy on lower trend line (0.9984). TP +-1.006 SL: I will close if price will close outside the ascending channel on 30m chart
If you do not know who you are, the Forex is the worst place to find you
 
 
  • Post #156,768
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  • Sep 14, 2022 10:05am Sep 14, 2022 10:05am
  •  investing101
  • Joined Oct 2009 | Status: Member | 947 Posts
Looks like Japan is ready to step in on the Yen according to reports, how could that affect the EURUSD is the question?
 
 
  • Post #156,769
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  • Sep 14, 2022 10:14am Sep 14, 2022 10:14am
  •  GoProKaya
  • Joined May 2022 | Status: Boersianer | 71 Posts
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  • Post #156,770
  • Quote
  • Sep 14, 2022 10:16am Sep 14, 2022 10:16am
  •  fxcontest
  • Joined Jul 2011 | Status: Member | 629 Posts
Sell on Retrace

Bear ?
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  • Post #156,771
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  • Sep 14, 2022 10:18am Sep 14, 2022 10:18am
  •  FxQB15
  • Joined Mar 2020 | Status: In the Money | 218 Posts
I got 9958 and 0015 levels going with limit orders placed... and of course, the deep level 9874
I look for bounces on H4 or get sting with 40
Cheers,
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Nobody ever made a dime by panicking. Jim C
 
 
  • Post #156,772
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  • Sep 14, 2022 10:18am Sep 14, 2022 10:18am
  •  Erkat
  • Joined Jan 2022 | Status: Member | 443 Posts
In these words, van der Leyen expressed her concern about the current economic crisis and said that "Europe is in the deepest economic recession since World War II."
(A part of today's speech of the President of the European Commission)
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  • Post #156,773
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  • Sep 14, 2022 10:21am Sep 14, 2022 10:21am
  •  ForexGoose
  • Joined Dec 2021 | Status: hungry for pizza & burgers | 2,523 Posts
the bear is coming back to life after consuming too much good honey

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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
 
1
  • Post #156,774
  • Quote
  • Sep 14, 2022 10:26am Sep 14, 2022 10:26am
  •  knypek
  • | Joined Jan 2022 | Status: Member | 4 Posts
Quoting Erkat
Disliked
In these words, van der Leyen expressed her concern about the current economic crisis and said that "Europe is in the deepest economic recession since World War II." (A part of today's speech of the President of the European Commission) {image}
Ignored
Erkat, she said:

"We were in the deepest recession since World War 2.
We achieved the fastest recovery since the post-war boom
And that was possible because we all rallied behind a common recovery plan.
NextGenerationEU has been a boost of confidence for our economy.
And its journey has only just begun."

https://ec.europa.eu/commission/pres...speech_22_5493

Sounds more bullish, huh?
Let's be accurate here
 
1
  • Post #156,775
  • Quote
  • Sep 14, 2022 10:28am Sep 14, 2022 10:28am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,197 Posts | Online Now
More bears need a better price, so EU can breath somehow, but if, 0.9957/60 give up we will see a quick run to 0.9952 for more buyers. 0.9996 is holding the down-move now.
Feels right this time!
 
 
  • Post #156,776
  • Quote
  • Sep 14, 2022 10:32am Sep 14, 2022 10:32am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,987 Posts
Quoting fxcontest
Disliked
Sell on Retrace Bear ? {image}
Ignored
good but bear not yet , moving in favour now though , possible continue ! demand may come forwards to hold !
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Not understand?never follow my analyses!
 
 
  • Post #156,777
  • Quote
  • Sep 14, 2022 10:37am Sep 14, 2022 10:37am
  •  dantpm
  • Joined Aug 2022 | Status: Member | 2,477 Posts | Online Now
Quoting knypek
Disliked
{quote} Erkat, she said: "We were in the deepest recession since World War 2. We achieved the fastest recovery since the post-war boom And that was possible because we all rallied behind a common recovery plan. NextGenerationEU has been a boost of confidence for our economy. And its journey has only just begun." https://ec.europa.eu/commission/pres...speech_22_5493 Sounds more bullish, huh? Let's be accurate here
Ignored
Yes but have you seen any signs of the recovery that she is speaking about?
 
1
  • Post #156,778
  • Quote
  • Sep 14, 2022 10:40am Sep 14, 2022 10:40am
  •  investing101
  • Joined Oct 2009 | Status: Member | 947 Posts
Quoting Erkat
Disliked
In these words, van der Leyen expressed her concern about the current economic crisis and said that "Europe is in the deepest economic recession since World War II." (A part of today's speech of the President of the European Commission) {image}
Ignored
Only two things the US can do at the moment to kill inflation:

1. Rate hikes
2. Create significant job losses
 
 
  • Post #156,779
  • Quote
  • Sep 14, 2022 10:44am Sep 14, 2022 10:44am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 6,197 Posts | Online Now
Quoting Js3mwtRc
Disliked
15 minutes chart. Today I watch US PPI inflation, but I don't think we will se the same again like US CPI yesterday. I am expecting at least 1.0050, but first a drop might come! Green pips to all! {image}
Ignored
Update

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Feels right this time!
 
1
  • Post #156,780
  • Quote
  • Sep 14, 2022 10:50am Sep 14, 2022 10:50am
  •  KCJed
  • | Joined Feb 2021 | Status: Member | 62 Posts
Hi all,

Does anyone have any recommendations on Prop Firms that you are familiar with? I'm in the USA so I'd prefer a USA based firm. I'm considering either Surgetrader or FTMO, but the reviews on both are mixed though FTMO's are primarily positive. The biggest downside seems to be the process for joining and the length of time it takes. Surgetrader's challenge can be completed in a single day from what I've seen, but their maximum leverage is 1/20. Any relevant suggestions based on personal experience are welcome. Thanks.

In regards to the Eur/Usd it looks to me like we are preparing for a move back up to around 1.0090 in the short term.
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