Attachments: EURUSD only

EURUSD only

#196,941
May 15, 2024 6:31pm May 15, 2024 6:31pm

Rundatbag
| Joined Dec 2020 | Status: Trader | 41 Posts

Can someone explain to me why the markets reaction was delayed and inconsistent during and after cpi release?

#196,942
May 15, 2024 6:37pm May 15, 2024 6:37pm

vinesh1
Joined Feb 2024 | Status: Trader | 1,034 Posts

Quoting Rundatbag

Disliked

Can someone explain to me why the markets reaction was delayed and inconsistent during and after cpi release?

Ignored

nothing to do with cpi or any other news bs. Its about liquidity. A lot of ppl went short a few weeks ago thinking we will make new low or hey we hit resistance, double top, breakout so let's go short. They all got trapped and wiped out. Now a lot of ppl will go long cause we have a breakout double bottom and so on They all will get wiped out. Robbers use news to wipe out accounts

#196,943
May 15, 2024 6:39pm May 15, 2024 6:39pm

Fxgfitking
Joined Apr 2024 | Status: Trading | 848 Posts

Quoting Rundatbag

Disliked

Can someone explain to me why the markets reaction was delayed and inconsistent during and after cpi release?

Ignored

Robber Banks

They made a killing after raising the value of the currency this week while clearly it should have had some sort of dip ( not saying necessarily a downtrend, but a dip with the news- hence why we keep an eye on it) . Though the USD might seem weaker & sure is, the recent data was positive, but they reacted otherwise.

If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.

#196,944
May 15, 2024 6:42pm May 15, 2024 6:42pm

Hammyjammy
| Joined Mar 2024 | Status: Trader | 4 Posts

Flight got delayed by over a month now. Is it finally time to board the boeing 1.10 heading to the north pole??

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#196,945
May 15, 2024 6:53pm May 15, 2024 6:53pm

vinesh1
Joined Feb 2024 | Status: Trader | 1,034 Posts

Look up some supply and demand and liquidity videos. You will understand and will have a totally different perspective

#196,946
May 15, 2024 6:59pm May 15, 2024 6:59pm

Rundatbag
| Joined Dec 2020 | Status: Trader | 41 Posts

Quoting vinesh1

Disliked

Look up some supply and demand and liquidity videos. You will understand and will have a totally different perspective

Ignored

i will. thank you

#196,947
May 15, 2024 7:00pm May 15, 2024 7:00pm

SmallGains
Joined Apr 2024 | Status: Trader | 762 Posts

DXY just straight up shitting the bed. Out in no man's land. Big liquidity grab. On a good note I'm seeing wild guesses up in the 1.12 plus range for eurusd so maybe bulls getting excited.

#196,948
May 15, 2024 8:41pm May 15, 2024 8:41pm

SmallGains
Joined Apr 2024 | Status: Trader | 762 Posts

Maybe just maybe this holds. Lot of crossing support.

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#196,949
May 15, 2024 8:55pm May 15, 2024 8:55pm

vinesh1
Joined Feb 2024 | Status: Trader | 1,034 Posts

Quoting vinesh1

Disliked

Probably going to 1.0874 region and stretch out to 1.09 depending on close today.

Ignored

Lets see what happens know. Still one more day of bull I think. Friday is a reversal day of the week.

#196,950
May 15, 2024 9:17pm May 15, 2024 9:17pm

vinesh1
Joined Feb 2024 | Status: Trader | 1,034 Posts

on Bloomberg website. "Accidently" lol. what nonsense. Robbers already knew it. Now you know why we call them robbers

https://www.bloomberg.com/news/artic...epage-americas

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#196,951
Edited 10:53pm May 15, 2024 10:28pm | Edited 10:53pm

Js3mwtRc
Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,419 Posts

EUR/USD continued the rise towards 1.0900 to a high of 1.0895 in Asia and is consolidating now waiting for the next move that should take it to the next target at 1.0942 if it manage to rise and stay above 1.0900. Support is seen at 1.0865 and 1.0832.

Daily volatility (range) 38 pips

Option expiries for Thursday: 1.0750 (EU2.27b), 1.0875 (EU 1.09b) source: financialjuice.com

Significant news - US Initial Jobless Claims, US Housing Starts & US Industrial Production.

Daily

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1 hour

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Looking for profitable short term trades ...|

#196,952
May 15, 2024 11:05pm May 15, 2024 11:05pm

Mitiblotch
Joined Sep 2017 | Status: Trader | 11,213 Posts

Quoting vinesh1

Disliked

on Bloomberg website. "Accidently" lol. what nonsense. Robbers already knew it. Now you know why we call them robbers https://www.bloomberg.com/news/artic...epage-americas {image}

Ignored

Kindly listen, all banks are criminal institutions without an exception in every part of the world. Secondly, the top guys get all data way before hand. I keep saying these things. Don't let the scheduled news release deceive you. Moves such as this one are coordinated attacks by criminals. Once in a while one small guy is sent to jail for 2 years or a bank fined a few millions to make it seem like the authorities are working. The authorities themselves are also criminals. It's all a sham to keep the business going. This news from bloomberg is just to formally allow what is called "plausible deniability".

I have known from day one that it is IMPOSSIBLE for a market of trillions dollars to be allowed to just control itself. That will not happen in a million years. This is money we are speaking about here. We just don't have access to the model of control and those who know have an oath of silence. Our part is to make money as much as possible and not cry about it when things like this happen.

#196,953
May 15, 2024 11:15pm May 15, 2024 11:15pm

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 27,096 Posts

Markets are same old same old. Focus on building a solid system and keep improving it by filtering out what doesn't work and adding in what definitely works.

That said, now focus on EURUSD...

Thanks

Focus only on what truly matters!

#196,954
May 15, 2024 11:47pm May 15, 2024 11:47pm

NextElliott
| Commercial User | Joined Jan 2024 | 892 Posts

Quoting NextElliott

Disliked

{quote} EURUSD Update 3rd May 2024{image} {image}

Ignored

EURUSD Update 16th May 2024

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I'm not always right.. I'm not always wrong neither

#196,955
May 16, 2024 12:05am May 16, 2024 12:05am

Oc6oph
Joined Nov 2018 | Status: Trader | 4,643 Posts

Short 1.0883

ex nihilo

#196,956
May 16, 2024 1:21am May 16, 2024 1:21am

Mitiblotch
Joined Sep 2017 | Status: Trader | 11,213 Posts

Quoting Endoephemera

Disliked

{quote} If Ata will allow the (only slight) detour, I recall reading of a financial trading institution that went bankrupt and it was bought for a few million dollars to acquire the model, parameters, algorithms they used in their trading and which was disclosed to the buyer after all the appropriate Non Disclosure contracts. Millions of dollars for that knowledge alone. PS. Speaking of EURUSD I am increasing my long position because "my guy" told me to do so. If anyone cares.

Ignored

About your longs, "your guy" might be right. However it may not happen in a straight line. But I think the longs may truly not be done in the long term, 1.10 should happen. See what my harmonics indicator is saying:

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