any idea for you? UP or DOWN?
I've open position, short by afternoon
I've open position, short by afternoon
EurAnalysis Kindergarten 24 replies
Dislikedany idea for you? UP or DOWN?
I've open position, short by afternoonIgnored
DislikedShort-medium term I would say we are going to retest 1.3100.. and possibly higher as well. right?
I'm a short term trader and this is what makes the most sense right now to me. We are in a range from 1.2664-1.3168. Until either side gives I will just be playing the ups and downs.Ignored
Dislikedsometimes we all need a little reminder to manage our mm better! I had an awesome week last week, and actually doubled my account, but lost most of it yesterday with the shenanigans of yesterday... how?
well I was not paying attention and entered the decimal point incorrectly on my lots sizes - so to my horror realised that booom that was a big loss to start off with - so ok no need to panic, I can just take the hit and cut it short and hence lose some but not much in the grand scheme of things..
then.... the brain kicks in - well the trade...Ignored
Dislikedi think this kind of rare occasion will happen in a trader's life at least once or once in awhile lol, i have encountered that before as well, then anxiety etc kicks in, especially if its news trading, making it 10x worst.Ignored
DislikedPA overshoot 1.3086 is a juicy sale entry, 1.3040-55 is resistance for PA.Ignored
DislikedShort term bullish momentum is concatenating with long term bearish zone, a double top is forming.Ignored
Dislikedthanks, do you refer to a peak achieved around 1800GMT weds and 0400 today?Ignored
DislikedYou may be right with that scenario..
but IMO the correction from 1.3125 may just be an aberration as the Aussi, Kiwi & Loonie, the other risk correlated instruments keep rallying & closed above 2+ months Highs while we had a weak long squeeze in Euro, the most liquid instrument..
Over the near term, we could see further dips down to the 1.2850~00 demand zone as underwater shorts are starting to capitulate plus more weak longs need to be flushed out before more upside to 1.32+..
EURUSD D1
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good turnaround.....Ignored
DislikedNope. I checked his historical posts and there is no misbehavior at all. Also his extracted posts are his econometric reports.
Obviously somebody didn't like his reports for some reason. I have no clue why this has happened.
Hopefully he'll be back soon.Ignored
DislikedI just checked again. Not only his posts on EURUSD thread got deleted but from this thread also including mine in replying to one of his posts. If someone suspended him in EURUSD should have nothing to do with this thread right?Ignored
DislikedMay be because FF find some commercial intension in his Reports or posts. But I find his Excel based graphs and Reports are good, I have a similar project but not able to finish yet.Ignored
DislikedThat's it for today folks. All the best in your trading today and for the rest of the month. I won't be posting many updates and forecasts this month as markets are thin and I'm in holiday season mode. However, be sure to follow me on Twitter at @PipTrapper for occasional updates throughout the trading day.
Cheers!Ignored