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EURUSD

  • #1,218,701
  • Sep 14, 2022 12:40pm Sep 14, 2022 12:40pm
Quoting suthmo
Why is the CAD nicknamed Loonie?
A simple google search bring this:
The currency's nickname is rooted in the word "loon", an aquatic bird native to Canada, inscribed on the backside of the one-dollar coin. How the provincial aquatic bird of Ontario found a place on the coin is an interesting tale.
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  • #1,218,702
  • Sep 14, 2022 12:40pm Sep 14, 2022 12:40pm

The Currencies Have Nicknames:


USD = Buck
EUR = Fiber
JPY = Yen
GBP = Cable
CHF = Swissy
CAD = Loonie
AUD = Aussie
NZD = Kiwi

The currency symbol are always three letters, the first two letters represent the name of the country and the third letter is to identify the name of the countries currency, this is usually the first letter of the countries currencies name.

So what is R FOR EUR? Soon to be Ruble?

Quoting WizardTrade
{quote} A simple google search bring this: The currency's nickname is rooted in the word "loon", an aquatic bird native to Canada, inscribed on the backside of the one-dollar coin. How the provincial aquatic bird of Ontario found a place on the coin is an interesting tale.
Cheers, I could not be asked to go do the search hehe. But there it is thanks you it's that funny looking bird with the long beak? Now still wondering what is R in Eur<? Hopefully not Rubbles aye?
Founder of Sutherland Wave Principle
  • #1,218,703
  • Sep 14, 2022 12:43pm Sep 14, 2022 12:43pm
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Trendlines H1,H4, SMC
  • #1,218,704
  • Sep 14, 2022 12:43pm Sep 14, 2022 12:43pm
Quoting suthmo
The currencies have nicknames: USD = Buck EUR = Fiber JPY = Yen GBP = Cable CHF = Swissy CAD = Loonie AUD = Aussie NZD = Kiwi The currency symbol are always three letters, the first two letters represent the name of the country and the third letter is to identify the name of the countries currency, this is usually the first letter of the countries currencies name. So what is R FOR EUR? Soon to be Ruble?
Sometimes we need to let go of the noise to focus more on trading. I think name doesn't matter, all that matters is how you analyze each currency and what are the key drivers. Rest is all storyline. What you say?
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  • #1,218,705
  • Sep 14, 2022 12:46pm Sep 14, 2022 12:46pm
Quoting WizardTrade
{quote} Sometimes we need to let go of the noise to focus more on trading. I think name doesn't matter, all that matters is how you analyze each currency and what are the key drivers. Rest is all storyline. What you say?
I'm going back over these lessons after 12 years and it's amazing how much little details are not important or fade into the background. This stuff is good for beginners to get aware of the game.
Founder of Sutherland Wave Principle
  • #1,218,706
  • Sep 14, 2022 12:50pm Sep 14, 2022 12:50pm
Quoting suthmo
{quote}I'm going back over these lessons after 12 years and it's amazing how much little details are not important or fade into the background. This stuff is good for beginners to get aware of the game.
Good, carry on mate. I was just sharing thoughts. You are doing a good job. Catch you tomorrow. Signing off!
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  • #1,218,707
  • Sep 14, 2022 1:00pm Sep 14, 2022 1:00pm
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To be stoped within seconds. . . . . . . .Didn't work as expected.....

  • #1,218,708
  • Sep 14, 2022 1:16pm Sep 14, 2022 1:16pm
Quoting F.g
{image} To be stoped within seconds. . . . . . . .Didn't work as expected.....
Ok I see my pals getting beat up I will put fib on paper haha.

Ok 1 went up pulled back in 2
3 went up, 4 insanity level destruction of Elliot's 4th wave rule.
5 went up... 6 went down..
Now we're close to going up in a 7th wave. Is it stretched up out of proportions?

Within the 7th wave it's looks like the same story as outer degree wave count going to it's 7th wave
target would be... somewhere around 1.0020?

Might need to go down few more pips to start the next run up.
Founder of Sutherland Wave Principle
  • #1,218,709
  • Sep 14, 2022 1:17pm Sep 14, 2022 1:17pm
Looks like we'll get to 1.0020 and fall back to test the support. After we dip down a little bit more 5 to 20.
Founder of Sutherland Wave Principle
  • #1,218,710
  • Sep 14, 2022 1:19pm Sep 14, 2022 1:19pm
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...I don't know what the heck it will do . . . BUT ,kindly notice my 2 pendings to long . . . Just in case. . . .

  • #1,218,711
  • Sep 14, 2022 1:19pm Sep 14, 2022 1:19pm
Quoting suthmo
Why is the CAD nicknamed Loonie?
No, it's not because of being "bird brained".

Also, check for why there is also a "toonie"
To free Gazans of Hamas, use whatever it takes.
  • #1,218,712
  • Sep 14, 2022 1:28pm Sep 14, 2022 1:28pm
Quoting F.g
{image} ...I don't know what the heck it will do . . . BUT ,kindly notice my 2 pendings to long . . . Just in case. . . .
I see EURUSD D1 as likely on a pullback. But the pullback needs lower TFs to rally, then make down continuations to get the D1 pullback completed.

Therefore, I'm looking for H1, H2, H4 to get the rally underway. (Change comes from the bottom and progresses upward through the TFs.)
To free Gazans of Hamas, use whatever it takes.
  • #1,218,713
  • Sep 14, 2022 1:30pm Sep 14, 2022 1:30pm
Quoting suthmo
Looks like we'll get to 1.0020 and fall back to test the support. After we dip down a little bit more 5 to 20.
I think that 1.004 will get tested on EURUSD.
To free Gazans of Hamas, use whatever it takes.
  • #1,218,714
  • Sep 14, 2022 1:51pm Sep 14, 2022 1:51pm
Quoting DrDave
{quote} I see EURUSD D1 as likely on a pullback. But the pullback needs lower TFs to rally, then make down continuations to get the D1 pullback completed. Therefore, I'm looking for H1, H2, H4 to get the rally underway. (Change comes from the bottom and progresses upward through the TFs.)
I just seen the Double top USDJPY

I'm fairly sure euro gonna drop to around 0.9970 and do a mad run to 1.03
Founder of Sutherland Wave Principle
  • #1,218,715
  • Sep 14, 2022 2:30pm Sep 14, 2022 2:30pm

Ok here come the suthmo profits watch closely, this calls for Nordling and extra large because he keeps missing it.


We just hitting the back of the buy zone

lets buy this shit!


9970

Founder of Sutherland Wave Principle
  • #1,218,716
  • Sep 14, 2022 2:32pm Sep 14, 2022 2:32pm
Quoting suthmo
Ok here come the suthmo profits watch closely this calls for Nordling We just hitting the back of the buy zone lets buy this shit! 9970
Why are you buying already??? Not even M15 has ended it's down swing yet.
To free Gazans of Hamas, use whatever it takes.
  • #1,218,717
  • Sep 14, 2022 2:45pm Sep 14, 2022 2:45pm
Quoting DrDave
{quote} Why are you buying already??? Not even M15 has ended it's down swing yet.
You didn't learn the most crazy profitable level finding secret yet. I still got time haha.

Count the waves, link the time frames, measure the fibs, watch for the triangles.

I know the time frame braiding sequence for waves. I know the repeating sequence that rules every wave, I know the wave counts, I know laws of Fibonacci that I didn't tell anyone yet. It's a combination of things.
Founder of Sutherland Wave Principle
  • #1,218,718
  • Sep 14, 2022 2:58pm Sep 14, 2022 2:58pm
Quoting suthmo
{quote} You didn't learn the most crazy profitable level finding secret yet. I still got time haha. Count the waves, link the time frames, measure the fibs, watch for the triangles. I know the time frame braiding sequence for waves. I know the repeating sequence that rules every wave, I know the wave counts, I know laws of Fibonacci that I didn't tell anyone yet. It's a combination of things.
Great.

So, if you know all of these critical levels, then I ask again, why are you buying already?
To free Gazans of Hamas, use whatever it takes.
  • #1,218,719
  • Sep 14, 2022 3:02pm Sep 14, 2022 3:02pm
Quoting DrDave
{quote} Great. So, if you know all of these critical levels, then I ask again, why are you buying already?
Purely based on invisible laws wave counts target levels time frame sequencing.
Are you asking me to pin it to something like the economy or news reports cause I don't need them haha.

I can put it in general terms and attach some laymans terms ok

If I only needed 1 reason to buy euro right now... Just look at U.S bonds going up and the debt numbers printed yesterday. My first market training. Watch the bond cash crossover.
Founder of Sutherland Wave Principle
  • #1,218,720
  • Sep 14, 2022 3:28pm Sep 14, 2022 3:28pm
Not to mention the massive compression triangle haha. This is gonna pop up hard like I said yesterday (what she said).
Founder of Sutherland Wave Principle
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