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New Cable Thread & Other Pairs

  • #4,121
  • May 9, 2024 2:26am May 9, 2024 2:26am
Quoting T721
{image}
When does this "holiday" end? I need you back in the office!!
For God sake, I mean, you are the CEO!! You can't be on holidays forever!!
I think I have seen this somewhere before...
We watch the charts from every angle so you don't have to!!
  • #4,122
  • May 9, 2024 2:28am May 9, 2024 2:28am
EU and GU
My advice for everyone who shorted these 2 is to take half profit and try scalping long.
If we get higher, close the long and add shorts.
We watch the charts from every angle so you don't have to!!
  • #4,123
  • May 9, 2024 2:32am May 9, 2024 2:32am
[quote=axecap;14860951]
Quoting birdland
{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.
yes, it is a normally tradable currency, but it is an artificial construct. the euro also has no charm and no history.

in addition, it has a very short track record compared to the swiss franc, pound, yen and dollar.

as always, everything consists of grey areas, not black or white, as the americans want to make us believe in their hollywood films;-)
trading is like dancing, don't think and just listen to the music!
  • #4,124
  • May 9, 2024 2:38am May 9, 2024 2:38am
Quoting pedro319
{quote} When does this "holiday" end? I need you back in the office!! For God sake, I mean, you are the CEO!! You can't be on holidays forever!! I think I have seen this somewhere before...
am just a passenger here, you are the BOSS
  • #4,125
  • Edited 2:53pm May 9, 2024 2:52am | Edited 2:53pm
DXY close to resistance,
'In the clearing stands a boxer And a fighter by his trade..'
  • #4,126
  • May 9, 2024 2:55am May 9, 2024 2:55am
Quoting pedro319
{quote} When does this "holiday" end? I need you back in the office!! For God sake, I mean, you are the CEO!! You can't be on holidays forever!! I think I have seen this somewhere before...
I need you back in the office! We have an office who the hell is paying for it
  • #4,127
  • May 9, 2024 2:59am May 9, 2024 2:59am
GU i closed 70% of my positions before red news and now i forget the rest with a stop and go into the woods.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 16 KB
trading is like dancing, don't think and just listen to the music!
  • #4,128
  • May 9, 2024 3:03am May 9, 2024 3:03am
Quoting Js3mwtRc
1 hour - 1.0725 {image}
Bull longer term target 1.0850 this month... it could be a great gift!
Looking for profitable short term trades ...|
  • #4,129
  • May 9, 2024 3:07am May 9, 2024 3:07am
[quote=birdland;14860981][quote=axecap;14860951]{quote} yes, it is a normally tradable currency, but it is an artificial construct. the euro also has no charm and no history.

I have no experience trading charm and history.That sounds like a romantic dream. Everything else I see as tradable.All currencies are an artificial construct....and all are only as good as the country or countries that back them.
My point was simply EURUSD may be difficult to trade , but it has nothing to do with any romantic notion of being artificial or not representative of a real economy. It is after all the most traded currency pair....or is everyone wrong?
Its all just one persons opinion
  • #4,130
  • May 9, 2024 3:09am May 9, 2024 3:09am
order flow suggests dxy is in head fake mode currently - should activate after this 4h candle competes (for me in 2hours).
Attached Image (click to enlarge)
Click to Enlarge Name: 2024-05-09_06-10-13.png Size: 55 KB
In tea leaves we trust!
  • #4,131
  • May 9, 2024 3:10am May 9, 2024 3:10am
Quoting axecap
Quoting birdland
Quoting axecap
{quote} yes, it is a normally tradable currency, but it is an artificial construct. the euro also has no charm and no history. I have no experience trading charm and history.That sounds like a romantic dream. Everything else I see as tradable.All currencies are an artificial construct....and all are only as good as the country or countries that back them. My point was simply EURUSD may be difficult to trade , but it has nothing to do with any romantic notion of being artificial or not representative
...
everything is right...i go into the forest to my birds;-)
Attached Image (click to enlarge)
Click to Enlarge Name: mount.jpg Size: 450 KB
trading is like dancing, don't think and just listen to the music!
  • #4,132
  • May 9, 2024 3:17am May 9, 2024 3:17am
Quoting birdland
{quote}{quote}{quote} everything is right...i go into the forest to my birds;-) {image}
looks like contrails in that photo ....take your tin foil hat.
cheers
Its all just one persons opinion
  • #4,133
  • May 9, 2024 3:29am May 9, 2024 3:29am
Quoting Mcbeaners
order flow suggests dxy is in head fake mode currently - should activate after this 4h candle competes (for me in 2hours). {image}
Don't you think it will take the double top on 2024 high first?
Still very bullish, no 4H/D BOS,
'In the clearing stands a boxer And a fighter by his trade..'
  • #4,134
  • May 9, 2024 3:42am May 9, 2024 3:42am
Quoting GOR
{quote} Don't you think it will take the double top on 2024 high first? Still very bullish, no 4H/D BOS,
i'm working off the 4h chart so i would expect dxy to work the channel that has been in operation this and last year (weekly chart). edit - one can see the on the weekly that dxy is now in a down swing.

for the moment i wouldn't hold my short past Fib2.0 (from my chart). it should make get under the last low. after that i'm less sure.
In tea leaves we trust!
  • #4,135
  • May 9, 2024 4:05am May 9, 2024 4:05am
Quoting T721
{quote} I need you back in the office! We have an office who the hell is paying for it

Inserted Video
...I Bet You Ain't Never Seen A Donkey Fly!
  • #4,136
  • May 9, 2024 4:15am May 9, 2024 4:15am
EURUSD

M1 bearish Butterfly at 1.0745
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-05-09_13-13-58_c7405.png Size: 24 KB
@Fran_Trades
  • #4,137
  • May 9, 2024 4:44am May 9, 2024 4:44am
GU
Approaching support.
This was posted yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 11 KB
We watch the charts from every angle so you don't have to!!
  • #4,138
  • May 9, 2024 4:47am May 9, 2024 4:47am
EA
Your $$$ is ready for collection just below the H4 wick.
We watch the charts from every angle so you don't have to!!
  • #4,139
  • May 9, 2024 4:51am May 9, 2024 4:51am
Quoting LoneTrader1
{quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH107.png Size: 23 KB
  • #4,140
  • May 9, 2024 4:57am May 9, 2024 4:57am
Gold
Expecting 2336 today.
We watch the charts from every angle so you don't have to!!
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