EURUSD

Quoting Darkforce

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Quick look at equities, SPX500 back to above 1804 after strong NFP and unemployment rate,this is the risk on normal correlation right? Market just want to buy risk for whatever reason, however stupid it is. Also, gold & silver fall, is this caused by tapering expectation or risk on?

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Quoting Piters

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{quote} depends from which point of view you are observing the whole situation.. I know many PPL bought that "risk" and made sweet bucks... but they look on whole thing as an "OPPORTUNITY" - not Stupid thing.. same Snake Oil, but in different bottles.. back for centuries.. same rules applies for ANY market.. Do you think CarSales, or RealEstate as markets are more "honest".. NO!... there are always buyers when they recognize opportunity to make a profit.. Simple.. !

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Quoting ffleo

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{quote} UJ chart. The up of UJ today is very good for it to reach 61.8 fib at 105.55. If EJ can be capped by 140.87 at 61.8 fib (suppose the Japanese do respect technicals). Then EU =====> 140.87/105.55 = 1.334x. No matter how high EU can go, it will come down to at least 3340. {image}

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Quoting Darkforce

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{quote} That's true, I fully agree. Emotion is an enemy to trading success and I should not be influenced by it, so I have to regret for the fact I was angry about moves that I cannot make sense of. But unfortunately I am still not a cold blooded reptile yet, maybe one day I will get there, and by then every move is an opportunity not a stupid thing.

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Quoting milam

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{quote} Yes, as a trader you can control one thing - yourself.. Also, good traders are not made, they make themselves…. Recognising your faults is a step towards that goal...

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Quoting ffleo

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{quote} Updated UJ chart after today's move. Basically the support at the black dashed line (multiple years S/R line) got tested and hold. I believe it is on its way going higher, much higher. {image} {image}

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Quoting Darkforce

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Quick look at equities, SPX500 back to above 1804 after strong NFP and unemployment rate,this is the risk on normal correlation right? Market just want to buy risk for whatever reason, however stupid it is. Also, gold & silver fall, is this caused by tapering expectation or risk on?

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Quoting Miguel.N

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{quote} as well, there are many ways to trade, but if you want sucess you have to follow your own undertanding, play when you feel is the good time to open or to close! -)

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Quoting ffleo

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{quote} Updated EJ chart (monthly). Now it is at strong resistance. Even if it manages to break the multiple year s/r level, that red dashed line is going to be a thick wall there. {image}

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Quoting ffleo

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{quote} My friend milam does not give a crap about data releases. I do not either. Let the news mess up the market. It goes to your entry point you enter. It goes to your exit point you get out. If it does not move, it is pain in the azz cause you have to wait.

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Quoting rudimente

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summary of this thread.. short everything.. short short short the hell out of it , someday it will work

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Quoting rudimente

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summary of this thread.. short everything.. short short short the hell out of it , someday it will work

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Quoting Eurusdd

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When a bar forms, 45% of the clicks or entries will rush into the first 30% of the life-time of the bar, 10% within the next 30% and the remaining 45% within the last 40%. Therefore, the best time to know where price will go is the middle third. That is where decisions about closing takes place. Why: There is a massive derivative market based on the spot price you see on your charts........

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