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EURUSD

  • #1,219,281
  • Oct 7, 2022 8:05am Oct 7, 2022 8:05am
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My hand is where my mouth is . . . .

  • #1,219,282
  • Oct 7, 2022 8:19am Oct 7, 2022 8:19am
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Sgt . Barry Sadler. Ballad of the Green Berrets.

" men who mean what they say..."

  • #1,219,283
  • Oct 7, 2022 8:37am Oct 7, 2022 8:37am
Quoting F.g
{image} BP H. --- This is going to happen IMHO. . . . . .
Somebody appears to be working hard to keep this from happening.
  • #1,219,284
  • Oct 7, 2022 8:45am Oct 7, 2022 8:45am
i'm so stupid, i had changed my acc to demo yesterday at night to try something, and today i was trading demo thinking it was real. My 40$
  • #1,219,285
  • Oct 7, 2022 9:18am Oct 7, 2022 9:18am
Quoting dantpm
{quote} Somebody appears to be working hard to keep this from happening.

Indeed , man ....

  • #1,219,286
  • Edited 1:32pm Oct 7, 2022 9:20am | Edited 1:32pm
what is happening in the market is smart money scenario .... not our scenario ... we are just trying to understand what smart money is doing to prices

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without price manipulation that can occur at any time, tier 2 smart money will quickly go bankrupt .... this is a reality that must be accepted
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The Average Discount Everything
  • #1,219,287
  • Oct 7, 2022 9:57am Oct 7, 2022 9:57am
EUR USD still in down trend
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #1,219,288
  • Oct 7, 2022 10:02am Oct 7, 2022 10:02am
I've lost interest in this pair, which is clearly in an indecision phase according to the daily chart.

Staying on a daily chart helps to keep one sober and grounded in reality.

There will be massive repercussions if the Fed deliberately destroys the U.S. economy, and interest rates around the world simply can't be sustained at 5 - 6%, as it will make tens of millions of people unable to pay their mortgages, banks will go bankrupt etc etc.
  • #1,219,289
  • Oct 7, 2022 10:23am Oct 7, 2022 10:23am
Quoting Polimini
i'm so stupid, i had changed my acc to demo yesterday at night to try something, and today i was trading demo thinking it was real. My 40$

I've never heard of anyone outside of a professional trading outfit who made money by daytrading.

Plenty of retail traders who think they'll break even (i.e. cover their losses) within 4 - 5 years. They're usually long gone before then.
  • #1,219,290
  • Oct 7, 2022 10:43am Oct 7, 2022 10:43am
Quoting JauntyLoon
{quote} I've never heard of anyone outside of a professional trading outfit who made money by daytrading. Plenty of retail traders who think they'll break even (i.e. cover their losses) within 4 - 5 years. They're usually long gone before then.
I made a lot of money already this year with trading. I posted my trades here, you can check them out.

I can afford some loses, so i wanted to give day trading a try, i'm posting my day trades here now like i said yesterday, so it's easy to see how i will suck or not.
I'm ready to prove you wrong, or fail spectacularly, we'll have to wait and see. I correctly predicted a movement today so there is that. I'm one up.

It's mostly for fun as i still think going for bigger movements gives you the money you need with a lot less stress.
  • #1,219,291
  • Oct 7, 2022 11:18am Oct 7, 2022 11:18am
I don't know why we're looking at U.S. jobs, CPI etc considering that rate hikes have a LAG effect.

Rate hikes need to slow down, else we're all in deep sh!t.

U.S. dollar needs to come down.
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  • #1,219,292
  • Oct 7, 2022 11:32am Oct 7, 2022 11:32am
Quoting JauntyLoon
I don't know why we're looking at U.S. jobs, CPI etc considering that rate hikes have a LAG effect. Rate hikes need to slow down, else we're all in deep sh!t. U.S. dollar needs to come down. {image}
Because US jobs, CPI, etc influence the rate hikes.
I get your point, ultimately this all comes down to the rates, but they don't move on a vacuum, their are determined by these economic indicators.

USD will only come down when rates do the same, and i guess that will only happen when inflation goes down or the economy crashes, or else... if everyone else starts to hike them as hard as the US do. Until then the money is all moving into the USD.

My view anyway.
  • #1,219,293
  • Oct 7, 2022 11:36am Oct 7, 2022 11:36am
i'm so pissed by my blunder earlier, that i will not take any more trades this week, if not i would go short again now.

Anyway have a nice weekend and happy pips
  • #1,219,294
  • Oct 7, 2022 11:38am Oct 7, 2022 11:38am
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One pending in BP to be hit within seconds. . . . .

  • #1,219,295
  • Oct 7, 2022 1:53pm Oct 7, 2022 1:53pm
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I don't like what I see...... I have my SLs and they ll take care . . .

  • #1,219,296
  • Oct 7, 2022 2:37pm Oct 7, 2022 2:37pm
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Inability of Euro to make new lows is ringing a bell in my ears. . . . . .

  • #1,219,297
  • Oct 7, 2022 2:49pm Oct 7, 2022 2:49pm
A very interesting Friday. Usually I get burnt on a Friday, but starting to learn from the experts here. Not easy. But a good result today (anything above zero is a good result :-) )
Have a good weekend everyone and see you on Monday
  • #1,219,298
  • Oct 8, 2022 11:31am Oct 8, 2022 11:31am
this pair is like a swiss clock, so no reason to assume anything else then back to 0.95
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  • #1,219,299
  • Oct 8, 2022 11:11pm Oct 8, 2022 11:11pm
Quoting Polimini
{quote} Because US jobs, CPI, etc influence the rate hikes. I get your point, ultimately this all comes down to the rates, but they don't move on a vacuum, their are determined by these economic indicators. USD will only come down when rates do the same, and i guess that will only happen when inflation goes down or the economy crashes, or else... if everyone else starts to hike them as hard as the US do. Until then the money is all moving into the USD. My view anyway.

The Fed shouldn't be raising rates based on historic indicators that have not had time to reflect the impact of rate hikes yet.

Unless they are DELIBERATELY engineering an unemployment, sovereign debt, housing etc crisis. Which if they are, expect to see far more radical, populist politicians elected amid massive social unrest.
  • #1,219,300
  • Oct 8, 2022 11:19pm Oct 8, 2022 11:19pm
Quoting aerowisp
A very interesting Friday. Usually I get burnt on a Friday,

Most retail day traders get burnt on a Friday. As well as on a Monday, Tuesday, Wednesday and Thursday too.
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F.g