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  • #157,461
  • Sep 22, 2022 10:53am Sep 22, 2022 10:53am
Quoting GreenJ
Just got off the phone with Lagarde. She said that if it manages to not go down to .50 cents today, should close around .986. But she makes no promises. It is data dependent. She is out buying a new scarf and I did not want to intrude too much. But I could call her anytime she ended saying.....
But after your vast conversation did, she tell you she doesn't even know from next minute of the market!! lol
Nobody ever made a dime by panicking. Jim C
  • #157,462
  • Sep 22, 2022 10:56am Sep 22, 2022 10:56am
Any fear of intervention? Closed my short from 1.01750 earlier….
  • #157,463
  • Sep 22, 2022 11:01am Sep 22, 2022 11:01am
Quoting GreenJ
Just got off the phone with Lagarde. She said that if it manages to not go down to .50 cents today, should close around .986. But she makes no promises. It is data dependent. She is out buying a new scarf and I did not want to intrude too much. But I could call her anytime she ended saying.....
What she said about parity!
Looking for profitable short term trades ...|
  • #157,464
  • Sep 22, 2022 11:14am Sep 22, 2022 11:14am
#EURO m5 Buy position
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RedcaT 3003
25k Return This Week: na
  • #157,465
  • Sep 22, 2022 11:15am Sep 22, 2022 11:15am
Quoting Js3mwtRc
{quote} What she said about parity!
Possible but she expressed her distaste for the number 1. Anything with that number on the left side of the point she does not like. As a matter of fact she got so frazzled about it that she asked me to pick the color for the scarf. I gracefully declined to choose for her and told her she needed to step up and make a decision...
  • #157,466
  • Sep 22, 2022 11:16am Sep 22, 2022 11:16am
Quoting FxQB15
{quote} But after your vast conversation did, she tell you she doesn't even know from next minute of the market!! lol
Yes indeed, and sounded very proud of the fact lol.
  • #157,467
  • Sep 22, 2022 11:19am Sep 22, 2022 11:19am
Meanwhile, on M30...

With help of my ellipse and pitchfork levels, I am getting two major levels for the next 2 to 3 hours:

Bull target: 0.9876 area..
Bear target: 0.9819 area..

*Best ellipse is the one that touches as many wicks as possible...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 19 KB
Focus only on what truly matters!
  • #157,468
  • Sep 22, 2022 11:20am Sep 22, 2022 11:20am
Quoting GreenJ
{quote} Possible but she expressed her distaste for the number 1. Anything with that number on the left side of the point she does not like. As a matter of fact she got so frazzled about it that she asked me to pick the color for the scarf. I gracefully declined to choose for her and told her she needed to step up and make a decision...
Could you thank her from my side the reaction with the scurf was enough to convince me.
Looking for profitable short term trades ...|
  • #157,469
  • Sep 22, 2022 11:36am Sep 22, 2022 11:36am
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.. i do not like what i see, but euro is massive under attack.
Perfection is the enemy of good enough!
  • #157,470
  • Sep 22, 2022 12:57pm Sep 22, 2022 12:57pm
Quoting MichaelSch
{image} .. i do not like what i see, but euro is massive under attack.
Couple possibilities/theory some are working on. The war in Ukraine was just the catalyst. Eurodollar - US Bankers, Petrodollar - EU and US. However watching the markets behavior since April some things are becoming clearer and it has to do with a big German Bank, a big US bank and their Russian filthy rich oligarch clients... Yes the Russians are shorting the euro (look at their behavior during big euro movements, news e.t.c) and a European Bank is helping them do it, which also helps the big boys accross the pond. German official's stance and statements lend support to such a theory.
  • #157,471
  • Sep 22, 2022 1:05pm Sep 22, 2022 1:05pm
after about 7 channel touches to the top of the european death spiral... i think its about time we segway onto the yellow brick road right through the gates of asset buying heaven...
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always shorting eu All Time Profit: $1,476
  • #157,472
  • Sep 22, 2022 1:20pm Sep 22, 2022 1:20pm
Situation not changed,
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #157,473
  • Sep 22, 2022 1:23pm Sep 22, 2022 1:23pm
0.98150 is being good support so far.
Price is being pressed (white line), it may be cooking a wedge (Bullish)...
Attached Image (click to enlarge)
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"No pain no gain"
  • #157,474
  • Sep 22, 2022 1:29pm Sep 22, 2022 1:29pm
Daily close would be interesting if it closes around 9840ish. A doji
Patience, Emotion Control and Discipline.
  • #157,475
  • Sep 22, 2022 2:07pm Sep 22, 2022 2:07pm
Quoting JBRolim
0.98150 is being good support so far. Price is being pressed (white line), it may be cooking a wedge (Bullish)... {image}
Another break out is near, either downside or upside. I don’t have much room left under the current support so more davouring upside to 9950 still
Patience, Emotion Control and Discipline.
  • #157,476
  • Sep 22, 2022 2:30pm Sep 22, 2022 2:30pm
Quoting johncen
{quote} Another break out is near, either downside or upside. I don’t have much room left under the current support so more davouring upside to 9950 still
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"No pain no gain"
  • #157,477
  • Sep 22, 2022 2:32pm Sep 22, 2022 2:32pm
Quoting MichaelSch
{image} .. i do not like what i see, but euro is massive under attack.
Head and shoulders bearish pattern is valid only on bullish trend
If you do not know who you are, the Forex is the worst place to find you
  • #157,478
  • Sep 22, 2022 2:47pm Sep 22, 2022 2:47pm
Quoting JBRolim
{quote} {image}
Thanks for sharing!
Patience, Emotion Control and Discipline.
  • #157,479
  • Sep 22, 2022 2:52pm Sep 22, 2022 2:52pm
In general, the head and shoulders pattern is not a trend continuation pattern except in few cases.
Half of the time, the market is building resistance and support levels, and
  • #157,480
  • Sep 22, 2022 3:00pm Sep 22, 2022 3:00pm
Quoting johncen
{quote} Thanks for sharing!
https://www.forexfactory.com/thread/...1#post14148591
I'm looking at this white line from the post above as a resistance.
market may drop to 0.98250 to try again.
"No pain no gain"
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