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EURUSD

EUR/USD is squeezing some intraday shorts, popping up to 1.4606. US equities opened a bit-less weak in the cash market than in futures trade and traders say there has been some buying of EUR/USD by a European central bank. Any buying at these levels would be “commercial” only, not meant to send any sort of a signal to the market, that’s for sure.
Traders continue to debate the USD impact from the China trade row. Best not to tug on Superman’s cape is my view.


from forex live.
Price is hitting the MEDIAN line of 4HR Pitchfork...if it breeches it....it's going farther UP.....4589 is the Daily Pivot and Median Line on the 30min Pitchfork.....validates a possible LONG since price stayed above it IMOH.......

Top of Fork on 4HR is 4702 and Top of Fork on 30 min is 4626.....

And 4626 is Daily R1 so this could top out here...if Not I will continue LONG......I'm at BE now at 4589.....
Quoting michiyo
taken out
Michiyo and Silvershark, what does the mocking give you? I tought the purpose of this forum was to bounce trade ideas from eachother, give support and guidance to eachother, so to give all here an edge in the market. I have tried to back up my ideas with analyzis, as well as being humble and polite whenever I express myself. Keep in mind it is not a matter of being right or wrong in this market, but to have a good money management. So for those that mock other traders for making a poor trade, you really haven't figured it out. I have seen so much bullshit here, espcially today, someone need to clean up this forum, if not I for sure will leave somewhere else..... and I don't think I'm alone.
Kjellik74
No hard feelings, I didnt ment to offence you...We are in same s@!#$ here..I have 13 seell orders...
Quoting kjellik74
Michiyo and Silvershark, what does the mocking give you? I tought the purpose of this forum was to bounce trade ideas from eachother, give support and guidance to eachother, so to give all here an edge in the market. I have tried to back up my ideas with analyzis, as well as being humble and polite whenever I express myself. Keep in mind it is not a matter of being right or wrong in this market, but to have a good money management. So for those that mock other traders for making a poor trade, you really haven't figured it out. I have seen so much...
Please stop fighting and discuss charts. EU is testing some patience here if it cant get through previous highs then we are back to lows' again. Its Monday so not a good day to trade
Quoting vinesh2
Please stop fighting and discuss charts. EU is testing some patience here if it cant get through previous highs then we are back to lows' again.
What do you mean by this?
Quoting kjellik74
Michiyo and Silvershark, what does the mocking give you? I tought the purpose of this forum was to bounce trade ideas from eachother, give support and guidance to eachother, so to give all here an edge in the market. I have tried to back up my ideas with analyzis, as well as being humble and polite whenever I express myself. Keep in mind it is not a matter of being right or wrong in this market, but to have a good money management. So for those that mock other traders for making a poor trade, you really haven't figured it out. I have seen so much...
i m soooooooooooooooo sorry dear. i didnt mean to hurt your feelings. please accept my apology
Quoting SilverShark
No hard feelings, I didnt ment to offence you...We are in same s@!#$ here..I have 13 seell orders...
Well that leads me to the question, what did you mean then? Have you ever heard about constructive critisism? God damn man, you better clean up your own backyard if you are in the shit, before you kick someone for making one bad trade !
Kjellik74
the bulls refuse to go quietly
Dowwwwwwwwwwwwwwwwwwwwwwwwwwwwwn
Successful people will do what unsuccessful people won’t or can’t do!
that was abit of a move down she comes now Just sold 10 lots .620...
Quoting kjellik74
Well that leads me to the question, what did you mean then? Have you ever heard about constructive critisism? God damn man, you better clean up your own backyard if you are in the shit, before you kick someone for making one bad trade !
dont sweat those guys man,
Im sure they will post when their stops get hit
sure they will.....
two tops . come baby down
Tiny Polar Bear from Poland
Just a few excerpts I've been seeing:

EU says that Poland may be the only member to post GDP growth for the year 2009.

Global Macro Theme: Go Short Export Dependent Currencies in the Wake of a Possible Trade War Between China and the United States.

via : http://forexstream.dailyfx.com/index.html

With the doji and reversal patterns that are taking place this is a great place to short IMHO. Stop above 1.4720, Tp1 1.4380
plan the trade and trade the plan. Still holding shorts from 1.4566.
someone just pumped it big time now get ready for the DUMP...
Quoting Pipster888
that was abit of a move down she comes now Just sold 10 lots .620...
any tp?
My English is Bad... Sorry Mi Español es Bueno
hello folks,

Is there any consensus on where to draw the daily pivot lines after the weekend? At the moment I am using Friday's high, low and close and ignoring the weekend data.

Any help appreciated!
Bit of an opening stop hunt maybe
Quoting SpanishPip
any tp?
.4570 first stop..
353 traders viewing now, 1 is a member:
peterz