DislikedOn M30, I think now it is all about a break above 1.0375 or break below 1.0350.. Let's see who wins... For now, I keep buying dips! {image}Ignored
thanks
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DislikedOn M30, I think now it is all about a break above 1.0375 or break below 1.0350.. Let's see who wins... For now, I keep buying dips! {image}Ignored
Disliked{quote} may well be for now; the formation could develop into a head&shoulders-pattern {image}Ignored
DislikedDo you think Fed will let markets going up? S&P will probably fall 20-25% in coming weeks. USD will go up. Noone can stop this.Ignored
Disliked{quote} it would be strange if powell would talk dovish now because markets were already quite dovish as of late and he scheduled his speech to make a point. however, robber banks could still squeeze the market up first before going down, especially because everybody expects powell to be hawkish I think.Ignored
DislikedDo you think Fed will let markets going up? S&P will probably fall 20-25% in coming weeks. USD will go up. Noone can stop this.Ignored
DislikedOn H4, the situation is a little bit weird: It looks bullish on chart but MACD is slowly settling in bearish territory! Here, my breakout marker line: 1.0341 could be used as nearest support.. 1.0302 would then be my extra support... I leave it to you how to trade throughout this weirdness.. I will definitely trade careful via M30! {image}Ignored
Disliked{quote} I disagree. First of all, a high USD makes the entire world suffer, including the USA. USA exports cost more, and GDP falls. FED Powell does not want to see the S&P higher, but they also are handcuffed by higher rates. The higher the rates, the higher the cost of debt. For example: if feds want to keep increasing rates to 5% as some expect, then we can also see US 10-year bonds go to at least 5% as well. Meaning USA must pay out 5% rates on 10-year bonds, and even higher on US20 and US30-year bonds. It is true that feds can print more money...Ignored
DislikedOn M30, I think now it is all about a break above 1.0375 or break below 1.0350.. Let's see who wins... For now, I keep buying dips! {image}Ignored
Disliked{quote} I disagree. First of all, a high USD makes the entire world suffer, including the USA. USA exports cost more, and GDP falls. FED Powell does not want to see the S&P higher, but they also are handcuffed by higher rates. The higher the rates, the higher the cost of debt. For example: if feds want to keep increasing rates to 5% as some expect, then we can also see US 10-year bonds go to at least 5% as well. Meaning USA must pay out 5% rates on 10-year bonds, and even higher on US20 and US30-year bonds. It is true that feds can print more money...Ignored
Disliked{quote} First and foremost the FED needs to bring inflation down because the USD is world reserve currency number 1 and it needs to be a storage of value. With high inflation it is not. hence they will keep acting decively until inflation is down. afterwards they can still lower rates again, this intermediary policy of high interest rates does not harm the government, especially because nominal GDP increases alike with inflation and debt is always measured as a percentage of GDP...Ignored
Disliked{quote} The Feds have increased rates at a pace never before seen in US history. Some time needs to pass to see how these rate increases have affected the economy. So I do see 50BP in December, and maybe one more 25BP before they hold. I doubt they cut rates UNTIL something breaks, like the bond market. Could be something like what happened in Great Britain recently. Higher rates DO harm governments. They have to pay HIGHER rates on DEBT. Look at the US national debt, do you think the US has enough DEBT and wants to increase DEBT at a higher rate?...Ignored
Disliked{quote} Last month, Powell said that they are not even near to their target. They may slow down and increase rate by 50 points in December. But still, they are increasing, they are not stopping or decreasing. And they are not happy about market reactions. They want markets going down, slower economy. And there is a single target: inflation. I believe DXY will go to 120 in coming weeks.Ignored
DislikedWe are about to witness the biggest assault on 0.404.Time for this to happen is 90minutes. Within this 2hr candle on 1hr chart if 0344 didn't hold. Ata 0302 won't hold either and if this happens rest in peace bulls. Fingers crossedIgnored
DislikedOn D1 I have two levels or tomorrow: 1.0352 area as nearest support and 1.0472 as main resistance... {image}Ignored