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New Cable Thread & Other Pairs

  • #11,281
  • Jan 22, 2025 6:35am Jan 22, 2025 6:35am
It's been a while since I've been short on the pound-dollar pair. The peak of the high was easy to see.
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  • #11,282
  • Jan 22, 2025 6:40am Jan 22, 2025 6:40am
Quoting Js3mwtRc
{quote} Correct but the tarrifs story isn't going to vanish anytime soon and also ECB is going to cut again while the fed is on hold. I can't miss the opportunity!

if you research his own opinions and those around him about the value of the dollar, he thinks it is overvalued. He is for controlling the value of the dollar, even artificially if needs be in order to avoid it. We are playing 8D chess here
  • #11,283
  • Jan 22, 2025 6:53am Jan 22, 2025 6:53am
Quoting Polimini
{quote} if you research his own opinions and those around him about the value of the dollar, he thinks it is overvalued. He is for controlling the value of the dollar, even artificially if needs be in order to avoid it. We are playing 8D chess here
Doesn't mean if dollar is overvalued need to be sold too, its really strong and Trump is a fan of it! Even if he looks to sell dollar someday.

I like challenges!
Looking for profitable short term trades ...|
  • #11,284
  • Jan 22, 2025 7:03am Jan 22, 2025 7:03am
Quoting Js3mwtRc
{quote} Doesn't mean if dollar is overvalued need to be sold too, its really strong and Trump is a fan of it! Even if he looks to sell dollar someday. I like challenges!

i'm telling you he is absolutely against the strong usd, look it up. Of course what he does and says... and does he know what he is saying... and means what he says.... and all that is a mystery. But this cognitive dissonance is dangerous.
  • #11,285
  • Jan 22, 2025 7:09am Jan 22, 2025 7:09am
Quoting Js3mwtRc
{quote} Watch now at 1.0458 if not a drop then a continuation at 1.0474!
Please can you explain to me how you knew EURUSD price would drop / sell at 1.04580, I will appreciate it if you can explain.
  • #11,286
  • Edited 7:30am Jan 22, 2025 7:12am | Edited 7:30am
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GJ the monster, daily and H4
sold at 192.66
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  • #11,287
  • Jan 22, 2025 7:32am Jan 22, 2025 7:32am
Quoting ayodeyleh
{quote} Please can you explain to me how you knew EURUSD price would drop / sell at 1.04580, I will appreciate it if you can explain.
I didn't. Just thinking in probabilities and this fibo level had strong confluence with significant resistance. Don't worry you will learn more about these spots but stop loss is a must.
Looking for profitable short term trades ...|
  • #11,288
  • Jan 22, 2025 7:34am Jan 22, 2025 7:34am
Quoting ianlikesgolf
{image} GJ the monster, daily and H4 sold at 192.66 {image} {image}
Good Luck with the trade Ian. I am waiting to see what happens at 192.50, then hopefully be joining you.
As you know from past conversations I am still not in profit with my G/J trade as i have sell positions lower down, but I am now keeping my stops short
Regards
Kev
  • #11,289
  • Jan 22, 2025 7:35am Jan 22, 2025 7:35am
Quoting ayodeyleh
{quote} Please can you explain to me how you knew EURUSD price would drop / sell at 1.04580, I will appreciate it if you can explain.
EU was a harmonics butterfly sell on M15
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  • #11,290
  • Jan 22, 2025 7:37am Jan 22, 2025 7:37am
Quoting Polimini
{quote} i'm telling you he is absolutely against the strong usd, look it up. Of course what he does and says... and does he know what he is saying... and means what he says.... and all that is a mystery. But this cognitive dissonance is dangerous.
He can't do nothing about!
Looking for profitable short term trades ...|
  • #11,291
  • Jan 22, 2025 7:38am Jan 22, 2025 7:38am
Quoting kevin1959
{quote} Good Luck with the trade Ian. I am waiting to see what happens at 192.50, then hopefully be joining you. As you know from past conversations I am still not in profit with my G/J trade as i have sell positions lower down, but I am now keeping my stops short Regards Kev
My daily R1 pivot is sitting at 192.80, so if I get into the trade I will probably use that as my stop
  • #11,292
  • Jan 22, 2025 7:39am Jan 22, 2025 7:39am
Quoting kevin1959
{quote} My daily R1 pivot is sitting at 192.80, so if I get into the trade I will probably use that as my stop
Sold at 192.42
Regards
Kev
  • #11,293
  • Jan 22, 2025 7:41am Jan 22, 2025 7:41am
Quoting kevin1959
{quote} Sold at 192.42 Regards Kev
Watching on the 1min chart now
  • #11,294
  • Jan 22, 2025 7:42am Jan 22, 2025 7:42am
Hi Kev
for Gj i put my stops to BE
it is highly risky 200 pips it easily moves anytime
this pair is a dangerous monster
this friday you can see interest rate decision . it can move 500 pips easily
OT is the only pro trader who can trade this pair I know
Fri
Jan 24

JPY
BOJ Policy Rate
<0.50%<0.25%
Tentative
JPY
Monetary Policy Statement
Tentative
JPY
BOJ Outlook Report
Tentative
JPY
BOJ Press Conference
  • #11,295
  • Jan 22, 2025 7:44am Jan 22, 2025 7:44am
Quoting ianlikesgolf
Fri Jan 24 JPY BOJ Policy Rate <0.50%<0.25% Tentative JPY Monetary Policy Statement Tentative JPY BOJ Outlook Report Tentative JPY BOJ Press Conference
Thanks Ian
That's what I am waiting for
  • #11,296
  • Jan 22, 2025 7:45am Jan 22, 2025 7:45am
If the specified level is reached, long positions will be activated, and the stop-loss will be adjusted to align with the entry point.
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  • #11,297
  • Jan 22, 2025 7:51am Jan 22, 2025 7:51am
Quoting witowito
If the specified level is reached, long positions will be activated, and the stop-loss will be adjusted to align with the entry point.{image}
Hi Witowito
Good luck with the trade.
I need to find out why I can't post charts here.
I could be fore my pc did updates lol.
Regards
Kev
  • #11,298
  • Jan 22, 2025 8:01am Jan 22, 2025 8:01am
Quoting kevin1959
{quote} Thanks Ian That's what I am waiting for
Hi Kev
Gj on H1 it is oversold, but it made a higher high
it has not broken the previous lower high to the left at 192.98 area , but if it does it will keep going higher to the 194.37 area where the monthly bolllinger MA is on H4. 120 bands
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  • #11,299
  • Jan 22, 2025 8:03am Jan 22, 2025 8:03am
Quoting ianlikesgolf
Hi Kev for Gj i put my stops to BE it is highly risky 200 pips it easily moves anytime this pair is a dangerous monster this friday you can see interest rate decision . it can move 500 pips easily OT is the only pro trader who can trade this pair I know Fri Jan 24 JPY BOJ Policy Rate <0.50%<0.25% Tentative JPY Monetary Policy Statement Tentative JPY BOJ Outlook Report Tentative JPY BOJ Press Conference
Hi Ian
Yes when I get, in to profit Or should I say if, I will put it at breakeven.
If Price pushes above 192.50 I might come out of the trade with a small loss.
I do keep getting my fingers burnt trading this pair, but I now wear oven mitts lol
Regards
Kev
  • #11,300
  • Jan 22, 2025 8:08am Jan 22, 2025 8:08am
Quoting kevin1959
{quote} Hi Ian Yes when I get, in to profit Or should I say if, I will put it at breakeven. If Price pushes above 192.50 I might come out of the trade with a small loss. I do keep getting my fingers burnt trading this pair, but I now wear oven mitts lol Regards Kev
Just got stopped out for a small profit.
I will reenter if 192.50 holds
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