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  • #193,861
  • Apr 5, 2024 3:57am Apr 5, 2024 3:57am
Sell Initiated @ 1.08380 SL - High
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  • #193,862
  • Apr 5, 2024 3:57am Apr 5, 2024 3:57am
Added another long at 38 since price is moving so slowly
We watch the charts from every angle so you don't have to!!
  • #193,863
  • Apr 5, 2024 4:00am Apr 5, 2024 4:00am
Quoting Megashrek
I’m selling here. Have a feeling this is a fake cross and we will be seeing a scripted good news tomorrow
adding a smaller portion
  • #193,864
  • Apr 5, 2024 4:08am Apr 5, 2024 4:08am
Quoting pedro319
{quote} You have WPR1 and MPP very close, I guess price could retest and come down to 1.08.
The prophecy may come true, but the little guy here > will not let it happen for now at least!
Looking for profitable short term trades ...|
  • #193,865
  • Edited 4:28am Apr 5, 2024 4:09am | Edited 4:28am
Quoting Js3mwtRc
{quote} The prophecy may come true, but the little guy here > will not let it happen for now at least!
I think 1.0855 first and then down.
In theory "the move to fade out the bullish momentum". Fx Bible
After that NFP has it's own rules...
Rule number one: No rules
Rule number two: Refer to rule number one
We watch the charts from every angle so you don't have to!!
  • #193,866
  • Apr 5, 2024 4:26am Apr 5, 2024 4:26am
Quoting pedro319
{quote} I think 1.0855 first and then down. In theory "the move to fade the bullish momentum". Fx Bible After that NFP has it's own rules...
Yes, crazy choppy price action... if I knew what was going to happen I would be rich from the morning by now good luck!
Looking for profitable short term trades ...|
  • #193,867
  • Apr 5, 2024 4:30am Apr 5, 2024 4:30am
Quoting Js3mwtRc
{quote} Yes, crazy choppy price action... if I knew what was going to happen I would be rich from the morning by now good luck!
We can only have educated guesses, some more educated than others!
We watch the charts from every angle so you don't have to!!
  • #193,868
  • Apr 5, 2024 4:31am Apr 5, 2024 4:31am
If it doesn’t hold 1.08 then we can see a move to 1.07.


all eyes are on 1.08 for me
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  • #193,869
  • Apr 5, 2024 4:35am Apr 5, 2024 4:35am
Quoting yvestrcz
Time to buy some for another +100 pips shortly?
Looking into the crystal ball, I still anticipate what I wrote 35 hours ago... 1.0940 doable. Perhaps not today, but early next week.
  • #193,870
  • Apr 5, 2024 4:39am Apr 5, 2024 4:39am
Quoting pedro319
{quote} We can only have educated guesses, some more educated than others!
You don't know! The more educated you are the more mistakes you do! Just keep it simple and go with the flow!

It's easy to get caught up in overanalyzing every little detail or trying to predict every twist and turn, especially in a day like this.
Looking for profitable short term trades ...|
  • #193,871
  • Apr 5, 2024 4:44am Apr 5, 2024 4:44am
Quoting Js3mwtRc
{quote} You don't know! The more educated you are the more mistakes you do! Just keep it simple and go with the flow! It's easy to get caught up in overanalyzing every little detail or trying to predict every twist and turn, especially in a day like this.
Education encompasses everything from technicals to fundamental and risk management.
If that does not get you there, nothing will!!!
We watch the charts from every angle so you don't have to!!
  • #193,872
  • Apr 5, 2024 4:47am Apr 5, 2024 4:47am
Quoting Js3mwtRc
{quote} You don't know! The more educated you are the more mistakes you do! Just keep it simple and go with the flow! It's easy to get caught up in overanalyzing every little detail or trying to predict every twist and turn, especially in a day like this.
I love your examples!
Stop Procrastinating
  • #193,873
  • Apr 5, 2024 4:58am Apr 5, 2024 4:58am
Quoting pedro319
{quote} Education encompasses everything from technicals to fundamental and risk management. If that does not get you there, nothing will!!!
Education means nothing without common sense. As one with a medical degree and other letters after my name I know some of the most highly educated dummies alive!

I was short on Wednesday and ouch! Stopped out and then 24 hours later right back.

Education is great and its something I encourage - what you choose to do with that knowledge determines your true outcome

Let us take the 0500 EST EU retails sales figure: -0.5% mom s expected -0.3%

EU should be tanking but it isn't why? NFP Trumps Euro - right now because US economy is >> EU and rest of world but $ weakens? Fundamentals paint a stronger dollar and weaker EU - but technically...
  • #193,874
  • Edited 5:18am Apr 5, 2024 5:04am | Edited 5:18am
Quoting fx6996
{quote} Education means nothing without common sense. As one with a medical degree and other letters after my name I know some of the most highly educated dummies alive! I was short on Wednesday and ouch! Stopped out and then 24 hours later right back. Education is great and its something I encourage - what you choose to do with that knowledge determines your true outcome
I believe in the value of education however as you said not all educated people are smart, look at the Fed's officials!!
The result: got stopped out by 1 pip!!
I know farmers who are traders, they educated themselves in trading, that is all I mean and I respect other people's views.
Good luck for today, we are going to need it!!
We watch the charts from every angle so you don't have to!!
  • #193,875
  • Apr 5, 2024 5:05am Apr 5, 2024 5:05am
Quoting pedro319
{quote} Education encompasses everything from technicals to fundamental and risk management. If that does not get you there, nothing will!!!
Ok! You've convinced me, how much does this book cost! I also want a special offer, it's Friday! Just p.m me.
Looking for profitable short term trades ...|
  • #193,876
  • Apr 5, 2024 5:17am Apr 5, 2024 5:17am
Quoting pedro319
{quote} I believe in the value of education however as you said not all educated people are smart, look at the Fed's officials!! The result: got stopped out by 1 pip!! I know farmers who are traders, they educated themselves in trading, that is all I mean and I respect other people's views. Good luck for today, we are going to need it!!
Sadly enough the more educated some people become the "dumber" they get because the don't see or believe their consequences.

Don't you know the definition of a specialist: A person who knows more and more about less and less until they know everything there is to know about nothing!

Well from now until NFP time it's time to walk away..
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  • #193,877
  • Apr 5, 2024 5:20am Apr 5, 2024 5:20am
Dear folks I know it is idle hours but please I am begging you, share fundamentals, technicals, even jokes here and there but come on give an end to this philosophy blabber around "trading-education", "trading-gambling", "system talk", etc. etc. i.e.: energy sucking and distracting topics... Just focus... So easy... Let's slide back to EURUSD, shall we?

Thanks
Focus only on what truly matters!
  • #193,878
  • Apr 5, 2024 5:21am Apr 5, 2024 5:21am
Quoting fx6996
{quote} Sadly enough the more educated some people become the "dumber" they get because the don't see or believe their consequences. Don't you know the definition of a specialist: A person who knows more and more about less and less until they know everything there is to know about nothing! Well from now until NFP time it's time to walk away..{image}
"I know that I know nothing" is a saying derived from Plato's account of the Greek philosopher Socrates:
We watch the charts from every angle so you don't have to!!
  • #193,879
  • Apr 5, 2024 5:22am Apr 5, 2024 5:22am
Quoting fx6996
{quote} Sadly enough the more educated some people become the "dumber" they get because the don't see or believe their consequences. Don't you know the definition of a specialist: A person who knows more and more about less and less until they know everything there is to know about nothing! Well from now until NFP time it's time to walk away..{image}
Just like the ancient philosopher Aristotle said: To know, is to know that you know nothing.
Looking for profitable short term trades ...|
  • #193,880
  • Apr 5, 2024 5:24am Apr 5, 2024 5:24am
Today, there are passengers at the station who are looking for last-minute tickets at a low price and do not know which way to board. The main thing is that the tickets are cheaper. The remaining passengers bought tickets a week or month ago and are waiting for the train to depart.
Have a nice journey everyone.
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