Be a seer, not a looker!
Ata's Trend Hunter V3.5 All Time Return:
81.2%
LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
Disliked{image} {image} Maybe everything indicates that the dxy will go down?Ignored
DislikedQuick H1 Outlook With current levels in mind, I have 2 scenarios: 1-Bulls must stay above 1.0779 at least to later jump to 1.0837 area. (if data can create momentum, we could even go to 1.0888) 2-Bears must keep price below 1.0779 so they can attack 1.0741 area later. Let's see... {image}Ignored
DislikedQuick H1 Outlook With current levels in mind, I have 2 scenarios: 1-Bulls must stay above 1.0779 at least to later jump to 1.0837 area. (if data can create momentum, we could even go to 1.0888) 2-Bears must keep price below 1.0779 so they can attack 1.0741 area later. Let's see... {image}Ignored
Disliked{quote} While that may be true if (IF) EUR decreases faster than DXY then E/U STILL decreases. Think of it this way - E/U is comprised of Euro & Dollar on this we all agree. Who do you think will cut rates first, the EU or the FED? PERSONALLY, I believe that the EU will cut before the FED so I'm SHORT EU - that's me and it's a long-term position (Until January 2024). That's my story and I'm sticking to it.Ignored
Disliked{quote} While I agree with you, one thing to consider is that the FED is known to favor a monetary policy much more in support of the economy/fiscal markets given the US dependance on stock markets (401k pensions etc.). For example, during 2020 (and subsequent years) the FED quickly deployed $3Tn into the market, almost doubling the FED Balance Sheet while the ECB was still deep asleep.Ignored
Disliked{quote} Yeah thanks to the FED we had 9.0+ inflation as the FED flooded the market with way too may dollars. What you are referring to is QE - Quantitative Easing. Now as the FED is trimming their balance sheet it's called QT - Quantitative Tightening.Ignored
Disliked{quote} Yeah thanks to the FED we had 9.0+ inflation as the FED flooded the market with way too may dollars. What you are referring to is QE - Quantitative Easing. Now as the FED is trimming their balance sheet it's called QT - Quantitative Tightening.Ignored
Disliked{quote} Yeah thanks to the FED we had 9.0+ inflation as the FED flooded the market with way too may dollars. What you are referring to is QE - Quantitative Easing. Now as the FED is trimming their balance sheet it's called QT - Quantitative Tightening.Ignored
Disliked{quote} is is what happens when you give your broken car to a icecream salesman to repair it. Or doctors not understanding physics trying to describe medication.Ignored