EURUSD

Quoting infinitus

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{quote} Hi HDA, I think you did a great job here in explaining your trade idea and strategy. Anyone who is open minded will have a look at it, and free will can decide to incorporate your "stuff" in own trading habits. That should be the spirit of FF and these forums. Sadly, some people in this forums are seemingly not interested anymore in new ideas, exchange of ideas or open minded discussions, as you can lightly see in some comments from some very specific persons. One of those tries to run his show here as self appointed Sheriff....

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Quoting John Gray

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{quote} Yeah that's true. But fundamentals are so biased anyway.. We could also say that a rate cut in the AUD would see the kiwi as a safer investment. Since the return would then be the SAME need to look at the capital gain/loss. Aussie looks like the loser in this battle (in the short term) They had delayed GFC implications if you like.. with the Chinese industrial boom.

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Quoting mohan76

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{quote} as per his post he is very clear , nothing will discourage him

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Quoting Ken A

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{quote} Please don't buy it up just yet let it drop to say 100.00 {image}

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Quoting nawafasad1

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eurljpy might bounce at this level so i reduced the position from131.4 and i ll be looking to add at 130.9 {image}

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Quoting nawafasad1

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{quote} hi ken i m already in but the risk is not bad and i think and i could be wrong that we need wave 5 to the upside before it turns badly

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Quoting gatorinla

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3344-2753.... the centers at 3048.. of coarse we can go to the moon.. but when the high was 34xx, the support structure was just under it for many candles. and atm the structure is R... half way back to where we came from is 3048... its also below a norm at 3085/99... and 2 pa targets starting at 3039.. and a possible new one at 3023. and if one wonders where 3264 came from.. its 1/4 way from 3343 to 3023. we never have to make it back and retrace. we were not calling a top at 33xx... we just were stating a pullback happens more times, then it does...

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Quoting Ken A

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{quote} Never know. Both of us will be right at different time frame. The drop was started with NFP last week. Looks like under pressure for OIL and other commodities H1 {image} {image}

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Quoting nawafasad1

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{quote} i m not good at fundies and i dont really watch any news but the chart gives me a bit of courage to go for the trade if i m wrong then my sloss is only 50 pips where if i m right this baby could go to 112 and if i dont take these trades i wont feel right and i wont make money . nothing against any trader who thinks otherwise . {image}

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Quoting infinitus

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{quote} Hi HDA, I think you did a great job here in explaining your trade idea and strategy. Anyone who is open minded will have a look at it, and free will can decide to incorporate your "stuff" in own trading habits. That should be the spirit of FF and these forums. Sadly, some people in this forums are seemingly not interested anymore in new ideas, exchange of ideas or open minded discussions, as you can lightly see in some comments from some very specific persons. One of those tries to run his show here as self appointed Sheriff....

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Quoting openyoureyes

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{quote} u/j should carry it south...

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Quoting Ken A

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{quote} Please don't buy it up just yet let it drop to say 100.00 {image}

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Quoting Ken A

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{quote} You are right. My stops are in place either stopped out or a runner.

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Quoting nawafasad1

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{quote} good luck ken . its only a trade and i m used to have loosing ones its part of trading dont marry your trade just date it lol

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Quoting HDA

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{quote} @KEN A: @nawafasad1: I'm paper trading oil. I'm still trying to find a stress free way to trade it. I've been observing the oil posts and I'm trying to find an added way to ascertain the strength of support and resistance levels. Any ideas?

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Quoting nawafasad1

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{quote} i bet on it this baby is going to rock {image}

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Quoting Ken A

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{quote} To be very honest with you, other than sell the top and buy the bottom there're too many things to consider to trade OIL such as data on China Growth, Supplies, World Climate, Mid East situations, Risk-on/Risk-Off etc if you want to enter at Mid Daily Range. So, other than waiting at the top to sell, I don't go read too many things and sometimes pretty confusing to make a decision and contradictory to PA movement. I don't use anything below Daily for Crude but if you want can draw from historical levels for possible entry. Apologies could...

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