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New Cable Thread & Other Pairs

  • #4,101
  • May 9, 2024 12:39am May 9, 2024 12:39am
UK100
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  • #4,102
  • May 9, 2024 1:21am May 9, 2024 1:21am
EU
Chance to join bulls short term is coming at 1.0730-25.
I am giving it 10-15 pip sl.
Longer term still bearish.

This shows that without a lot of patience you cannot win, it shows something else, there were no trading opportunities on this pair.
We watch the charts from every angle so you don't have to!!
  • #4,103
  • May 9, 2024 1:27am May 9, 2024 1:27am
Quoting pedro319
EU Chance to join bulls short term is coming at 1.0730-25. I am giving it 10-15 pip sl. Longer term still bearish. This shows that without a lot of patience you cannot win, it shows something else, there were no trading opportunities on this pair.
EU is useless most of the time. It appears the movers do everything possible to confuse and not let people join in on a move until it's finished. I don't have any trades on.
  • #4,104
  • May 9, 2024 1:30am May 9, 2024 1:30am
Quoting Mitiblotch
{quote} EU is useless most of the time. It appears the movers do everything possible to confuse and not let people join in on a move until it's finished. I don't have any trades on.
I could not agree more, completely and utterly useless!!
We watch the charts from every angle so you don't have to!!
  • #4,105
  • May 9, 2024 2:02am May 9, 2024 2:02am
Quoting Mitiblotch
{quote} EU is useless most of the time. It appears the movers do everything possible to confuse and not let people join in on a move until it's finished. I don't have any trades on.
thats why i trade 95% only GU;-)

Euro is artificial
trading is like dancing, don't think and just listen to the music!
  • #4,106
  • May 9, 2024 2:20am May 9, 2024 2:20am
Quoting birdland
{quote}Euro is artificial
Artificial? And other currencies are natural? what do you mean.....its all a conspiracy?
Its all just one persons opinion
  • #4,107
  • May 9, 2024 2:38am May 9, 2024 2:38am
Quoting axecap
{quote} Artificial? And other currencies are natural? what do you mean.....its all a conspiracy?
i meant that the currency does not belong to a country, but to an economic union of countries.

If the EU were a nation, i.e. politically united, then the currency would be more stable.

as it is, however, it is susceptible to national disputes as to why the german should pay the greek or italian debts.

and why should the former hard currency countries holland, germany and austria accept a soft currency with all its disadvantages?

at some point, when the mountain of debt is too high, there will be disputes and one or the other strong country will leave and create its own currency. this dispute is pre-programmed (in bad times) and this risk makes the euro vulnerable.

that's what i meant by saying that this structure is artificial... not naturally grown and therefore highly vulnerable.

strong countries like switzerland or norway are not even in it because joining would reduce their prosperity.
trading is like dancing, don't think and just listen to the music!
  • #4,108
  • May 9, 2024 2:44am May 9, 2024 2:44am
Quoting axecap
{quote} Artificial? And other currencies are natural? what do you mean.....its all a conspiracy?
It's what we have got!
Let's trade!
I don't ask God to give me money, just to tell me where it is and I will go and get it myself!
We watch the charts from every angle so you don't have to!!
  • #4,109
  • May 9, 2024 2:44am May 9, 2024 2:44am
my morning scalp...out at daily S1
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trading is like dancing, don't think and just listen to the music!
  • #4,110
  • May 9, 2024 2:57am May 9, 2024 2:57am
Quoting pedro319
{quote} I could not agree more, completely and utterly useless!!
What moves it first is taking stops, using traders' liquidity and money so that they can make the move they really want, and the traders run after it like a drunken rat race, trying to understand, and when a move happens they're already out, desperate,
That's why you need a lot of patience, not to be tempted to enter and strong nerves,
It can be understood, if it were otherwise, everyone would be rich,
You constantly have to learn, improve, know, then let it do its tricks, and then go in...carefully and modestly
'In the clearing stands a boxer And a fighter by his trade..'
  • #4,111
  • May 9, 2024 3:01am May 9, 2024 3:01am
Quoting pedro319
EU Chance to join bulls short term is coming at 1.0730-25. I am giving it 10-15 pip sl. Longer term still bearish. This shows that without a lot of patience you cannot win, it shows something else, there were no trading opportunities on this pair.
Finally,
'In the clearing stands a boxer And a fighter by his trade..'
  • #4,112
  • May 9, 2024 3:02am May 9, 2024 3:02am
GU strong supportzone...could turn into a W-buy pattern;-)
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trading is like dancing, don't think and just listen to the music!
  • #4,113
  • May 9, 2024 3:07am May 9, 2024 3:07am
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  • #4,114
  • May 9, 2024 3:17am May 9, 2024 3:17am
Quoting GOR
{quote} What moves it first is taking stops, using traders' liquidity and money so that they can make the move they really want, and the traders run after it like a drunken rat race, trying to understand, and when a move happens they're already out, desperate, That's why you need a lot of patience, not to be tempted to enter and strong nerves, It can be understood, if it were otherwise, everyone would be rich, You constantly have to learn, improve, know, then let it do its tricks, and then go in...carefully and modestly
Total agreed with you at the moment will be WR as Pedro normally says then will go up
Scalping
  • #4,115
  • May 9, 2024 3:31am May 9, 2024 3:31am
Quoting guguxpto
{quote} Total agreed with you at the moment will be WR as Pedro normally says then will go up
Lets see, DXY is a bit bullish,
'In the clearing stands a boxer And a fighter by his trade..'
  • #4,116
  • May 9, 2024 3:32am May 9, 2024 3:32am
1 hour - 1.0725
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Looking for profitable short term trades ...|
  • #4,117
  • May 9, 2024 3:41am May 9, 2024 3:41am
Morning! Finally the EURUSD is at the desired levels, I have entered long at 1.0730. Would it be a inverse H&S on H1 with neckline at 1.0757 too much to ask for?
@Fran_Trades
  • #4,118
  • May 9, 2024 3:41am May 9, 2024 3:41am
This is a flag continuation pattern
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Scalping
  • #4,119
  • May 9, 2024 3:44am May 9, 2024 3:44am
GU&EU are both around their 50% retrace level
trading is like dancing, don't think and just listen to the music!
  • #4,120
  • May 9, 2024 4:11am May 9, 2024 4:11am
[quote=birdland;14860847]{quote} i meant that the currency does not belong to a country, but to an economic union of countries.
It still has technicals and fundementals the same as any "country" , with the euro its arguably more transparent, insteasd of one government managing their own interests you have several keeping everyone honest. It can be traded the same as any commodity or currency,
everyone is always looking for reasons as to why it doesnt go their way.
Its all just one persons opinion
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