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EURUSD

  • #1,219,081
  • Sep 28, 2022 3:07pm Sep 28, 2022 3:07pm
Looks like USD is finally getting a reality check. It's ridiculous that it went up as far and fast as it did.
Learn from your mistakes and march on.
  • #1,219,082
  • Sep 28, 2022 4:42pm Sep 28, 2022 4:42pm
Quoting Polimini
now back to 0.99570, long {image}
i warned you guys
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  • #1,219,083
  • Sep 28, 2022 4:53pm Sep 28, 2022 4:53pm
Quoting here2there
Looks like USD is finally getting a reality check. It's ridiculous that it went up as far and fast as it did.
Nothing changed, this is normal trend down, the pacing up may have been a bit fast but not by much seeing what happened in the last correction. This is still a correction and we are still going down, unless this breaks 996 up and keeps going
  • #1,219,084
  • Sep 28, 2022 4:59pm Sep 28, 2022 4:59pm
Quoting Polimini
{quote} Nothing changed, this is normal trend down, the pacing up may have been a bit fast but not by much seeing what happened in the last correction. This is still a correction and we are still going down, unless this breaks 996 up and keeps going
I agree with him al though I’m not of a fan of his. USD has most likely peaked here especially with fed hinting-dovish and ecb is expected to go hard with hikes next month I believe this is a trend reversal but that is just my opinion
Master your mind. Master Trading.
  • #1,219,085
  • Sep 28, 2022 5:03pm Sep 28, 2022 5:03pm
Quoting KareemAliFx
{quote} I agree with him al though I’m not of a fan of his. USD has most likely peaked here especially with fed hinting-dovish and ecb is expected to go hard with hikes next month I believe this is a trend reversal but that is just my opinion
trade what you see not what you think. But i have no idea what is happening, just reading the charts. Don't go crazy with the longs until it breaks 996 up. My advice anyway. Happy pips everyone.

i'm leaving again the chart i put here when i entered long
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  • #1,219,086
  • Sep 28, 2022 5:04pm Sep 28, 2022 5:04pm
Quoting Polimini
{quote} trade what you see not what you think. But i have no idea what is happening, just reading the charts. Don't go crazy with the longs until it breaks 996 up. My advice anyway. Happy pips everyone.
Have buys at 0.96090 areas I’m doing fine also expect lots of upside
Master your mind. Master Trading.
  • #1,219,087
  • Sep 28, 2022 5:04pm Sep 28, 2022 5:04pm
Just my thoughts on EU -- might happen might not but i gotta have a plan
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  • #1,219,088
  • Sep 28, 2022 6:07pm Sep 28, 2022 6:07pm
Quoting T721
Just my thoughts on EU -- might happen might not but i gotta have a plan {image}
There's no reason the Euro should make a significant jump close to parity. My guess is that we go to around 0.9685 then head higher for a double top or higher high with divergence.
  • #1,219,089
  • Sep 28, 2022 6:32pm Sep 28, 2022 6:32pm
Quoting KareemAliFx
{quote} I agree with him al though I’m not of a fan of his...
Are you referring to me or someone else?
Learn from your mistakes and march on.
  • #1,219,090
  • Edited Sep 29, 2022 6:44am Sep 28, 2022 7:29pm | Edited Sep 29, 2022 6:44am
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the next target for bearish 0.90000 before to 0.862/0.78 .... but bears need to absorb demand before weekly close
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Like Always, Bulls pretended to manipulate prices (make fake trend with fast), even though Bulls wanted the price of EURUSD to get down quickly
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from another thread EW in FF
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The Average Discount Everything
  • #1,219,091
  • Sep 28, 2022 10:29pm Sep 28, 2022 10:29pm
Quoting here2there
{quote} Are you referring to me or someone else?
Enough
Master your mind. Master Trading.
  • #1,219,092
  • Sep 29, 2022 3:22am Sep 29, 2022 3:22am
Doesn't look like a clean bottom to me. There may be more dookie to come out before it finally wipes its butt properly!
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  • #1,219,093
  • Sep 29, 2022 4:05am Sep 29, 2022 4:05am
Quoting JauntyLoon
Doesn't look like a clean bottom to me. There may be more dookie to come out before it finally wipes its butt properly! {image}
went up to fast, a correction was inevitable, my 2 cents
  • #1,219,094
  • Sep 29, 2022 5:06am Sep 29, 2022 5:06am
EURUSD -- not bad so far, still a long way to go yet
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  • #1,219,095
  • Sep 29, 2022 5:41am Sep 29, 2022 5:41am
Quoting T721
EURUSD -- not bad so far, still a long way to go yet {image} {image}
lets see if it gets there, but it should. And then turn down.
  • #1,219,096
  • Sep 29, 2022 6:47am Sep 29, 2022 6:47am
Quoting Polimini
{quote} went up to fast, a correction was inevitable, my 2 cents
Yes. It's also possible that USD has gone as high as it is going to go.
Learn from your mistakes and march on.
  • #1,219,097
  • Sep 29, 2022 6:57am Sep 29, 2022 6:57am
Quoting here2there
{quote} Yes. It's also possible that USD has gone as high as it is going to go.
Sure, can happen. But you're going against the trend. I don't like going against it, until you see it break it, i think it's best to go with it, but that's my 2 cents.
  • #1,219,098
  • Sep 29, 2022 7:53am Sep 29, 2022 7:53am
Yesterdays BoE action was a short term fix
Markets have setup another bull trap
The fundamentals have not changed
Russia will declare the sham voting in their new areas of Ukraine now part of Russia
US unemployment needs to pick up in US it is not
FED will keep foot on the gas
Winter coming for Europe
China more turmoil with lock downs
US Markets will drop again and the money will go to safe haven
BoE is poring gas on their Inflation with printing money to prop up the cable
so watch for FIREWORKS
Not good for investors
Traders good times
May the PIP's be with you.
  • #1,219,099
  • Edited 10:39pm Sep 29, 2022 8:05am | Edited 10:39pm
Market has rules so that it does not become random (not lingering) ... Prices move in wave, cycle price and trend.
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Therefore, you cannot use emotions and unparative hopes in the face of the market.
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For Retail Trader must be humble in market because ..... in market 1 lot = use margin 100000 USD ... if retail use laverage 1: 1000, then 1000 lot retail = 1 lot in market ..... if volume in EURUSD 3 T USD/day = 30000000 lot/day .... you can imagine the very large market power is not comparable to retail power .... While the retail volume is only 3.4% of the volume of transactions that enter the market every day
The Average Discount Everything
  • #1,219,100
  • Sep 29, 2022 9:55am Sep 29, 2022 9:55am
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Ready to take my prfts rather soon , as shown . . . .

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