EURUSD

start sell again at 1.3590.. TP not decide yet maybe around 1.35515 but thats depend of situation.. GL

Im targeting 2500 on the SP500, my positions are all well intact with an overall VWAP of 1880, i have no doubt that we will see 2000 level within this year and possible much higher and closer to my target.

For me its simple, CBs print money, stocks go up, one CB tapers another starts and so on... and with current CRAP deposit rates who would park their money in a bank anyhow.

For me its the easiest trade and has been for a while now and much easier to determine than FX, i mean studying an index is one thing and the mechanics that move it, but studying a country Vs country will take much more time.

The CBs will be remembered for driving the stock markets even through difficult times and that is what is important.

So hedge your risk and do it with indices, where you think a correction is due short with a CFD or an option.

My 2 cents but my 2 cents has done me very well, especially when i am wrong in my FX calls.

OK closed all the longs I had just here - 1,3590.
I know many are excited about this move but I think, there will be another round for 1.3500s. If it doesn't then will re-enter above 1.3670. Bulls made a horrible job to be frank.
Good night...

Good job Math

Good night...

All moves lately were horrible jobs, so this one is no surprise.
Be lucky that you came out in green.

Every single 40 pip movement is celebrated here, but in the end it means nothing for a bigger move.

My fresh pending short @3601.

wait until 1.3620-1.3625

The dollar probably will drop to 80-ish and then bounce. That means euro likely will go to 37xx then drop.

Closed all of my EU longs at just +20pip.. didn't like how bulls struggled to break the top. I will look into take some more longs when this baby makes new lows (if it holds the lows). Done for the evening..

Have a great evening/morning everybody!

weekly divergence rarely fail. That means dollar bullish for medium term, even though it is bearish for the short term.

It managed to go above weekly pivot. There is no struggle. It will go up.

Cancelled pending order. Bed time.

may never happen again

I changed my decision and now started adding shorts. First short position @1.3592. No SL and TP and i will close the position when my chart will tell me.

right now 100 period 4H EMA is shooting downwards - considering your devotion to moving averages as strong support/resistance

as far as 3585 is holding , 36XX is just round the corner . no SL is risky at this lvl as it may go both ways with bearish sentiment over USD .

I am SonicR system fan but i add EMA200 in it and then i take my decision. My decisions are totally based on PA. Sometimes i have drawdown because i keep adding positions. Sometimes if i think that price can go against me then i add opposite side position (it is my way to close half position).

Yes you are right but it is my way to trade because money management is very important in trading so i add positions with in my limit. I don't have SL but i add opposite side stop (buy stop and sell stop) orders on certain levels.

Yup, I agree.. but I think the price will drop a bit.. I plan to pick up some longs at a cheaper price

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