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  • #977,261
  • Apr 3, 2015 1:59pm Apr 3, 2015 1:59pm
Quoting ffleo
{quote} what do you think? {image}
Good chart....That Value Area you're pointing at and the Low Volume Nodes both above and below it are strong attractors.
  • #977,262
  • Apr 3, 2015 2:00pm Apr 3, 2015 2:00pm
Sorry.
Can i ask about AUDUSD.
i bought, but it bear.
ok,How many %for bull.
  • #977,263
  • Apr 3, 2015 2:01pm Apr 3, 2015 2:01pm
Quoting victoriajen
The EUR/USD broke above 1.1000 after the NFP. I think the pair is headed for 1.1050, and if it breaks above that resistance it might reach 1.1200.

Correct. Eur USD is on A Swing Up the NFP just pushed it to a certain level to confirm this.
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  • #977,264
  • Apr 3, 2015 2:16pm Apr 3, 2015 2:16pm
anyone think eur/usd will push up to 1.1020 area one more time today?
  • #977,265
  • Apr 3, 2015 2:19pm Apr 3, 2015 2:19pm
Quoting Forexpcb
anyone think eur/usd will push up to 1.1020 area one more time today?
Nope, we stay the same or down more until Sunday.
  • #977,266
  • Apr 3, 2015 2:24pm Apr 3, 2015 2:24pm
Going long on GBP/USD is more favorable to EUR/USD at this point because of Greece. From a fundamental and even technical perspective, there are other USD crosses that are more suited for short-term dollar weakness. If you want to short the USD, I'd suggest GBP/USD or AUD/USD, both of which are at key res/sup levels.

That's not to say EUR/USD won't correct a bit here over the coming weeks, but there's more potential for a greater move up for other dollar crosses. Just so you know.
  • #977,267
  • Apr 3, 2015 2:26pm Apr 3, 2015 2:26pm
Quoting Pharm0r
I would hope- if you are one of the guys beating the drums about longs...that you are long from .05xx or .07xx and not from .09xx.....into resistance... by the way- this was an attempt at a HH, without breaking it, it's a failed attempt.....its not broke till its broke. Who holds the better RR here?
I would suggest that it's at the congestion zone around the previous high at 1.10511 (Gator's Mofu), and it simply needs to pull back and re-load before it punches through. Note the levels that have been respected on this sequence so far. .....Could be wrong, but that's how I see it at the moment.
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  • #977,268
  • Apr 3, 2015 2:30pm Apr 3, 2015 2:30pm
keeping my long if 1.0974 hold for the next 30 mins TP 1.1035
  • #977,269
  • Apr 3, 2015 2:32pm Apr 3, 2015 2:32pm
can anyone share a website that gives out the orders that mm are making in real time?
  • #977,270
  • Apr 3, 2015 2:33pm Apr 3, 2015 2:33pm
Quoting gatorinla
{quote} the world needs a reset.. and some workers will take a pay cut.. but their dollar will be worth more. and many people cant see this w/o turmoil
What do the workers and their dollars have to do with it? Ofcourse they will take the cut but thats completly out of the equasion. You cant compare 50% oil dump with 10% USD increase, thats shitty deal for worker especially internally. Plus as i said workers have nothing to do with it for macro perspective of what is going on. CBs dont care for work force and their appeal their club wears hats :

Petrodollar reset is needed, but give me example in history when empire has given proper reset to other powers to justify power in economy of marc to market-without including the other two?

EDIT: Ill get arogant here: Empires dont want to edit their power, they adjust it. Thus they dont acknowladge their misstakes. When wrong, go to war. Otherwise expand it, in expansion there are hundreds of ways to do it.
  • #977,271
  • Apr 3, 2015 2:34pm Apr 3, 2015 2:34pm
I wouldnt mess mess with audusd right now cause of he AUD interest rate decision next week


Quoting fundovertech
Going long on GBP/USD is more favorable to EUR/USD at this point because of Greece. From a fundamental and even technical perspective, there are other USD crosses that are more suited for short-term dollar weakness. If you want to short the USD, I'd suggest GBP/USD or AUD/USD, both of which are at key res/sup levels. That's not to say EUR/USD won't correct a bit here over the coming weeks, but there's more potential for a greater move up for other dollar crosses. Just so you know.
  • #977,272
  • Apr 3, 2015 2:36pm Apr 3, 2015 2:36pm
The EUR/USD tested the 1.1000 and returned back to move under that level today. what a strong resistance level. Let us see how the pair will manage to break about it next week.
  • #977,273
  • Apr 3, 2015 2:37pm Apr 3, 2015 2:37pm
Quoting BlueCirrus
{quote} I would suggest that it's at the congestion zone around the previous high at 1.10511 (Gator's Mofu), and it simply needs to pull back and re-load before it punches through. Note the levels that have been respected on this sequence so far. .....Could be wrong, but that's how I see it at the moment. {image}
Agreed. Am short for said pull back and then long (if it looks right). Breaking 1.1140 would make me more confident of a test of those larger resistance levels at 1.1300. I'm not even sure if this is a bear flag from 3/16 or a bottom. Am curious to see opening Mon if it blasts up or if it languishes until FOMC Wed.
  • #977,274
  • Apr 3, 2015 2:38pm Apr 3, 2015 2:38pm
There is only one side of the market and it is not the bull side or the bear side, but the right side.
Jesse Livermore

I've been buying Euro dips, is it because I'm a "Euro Bull" ... No. I'm not a fan of any paper currency.
I'm buying Euro dips because that's the right side of the market to be on after any nice size sell off. There's still the option to sell big rallies, which I will gladly do, because the market is currently sideways. I favor buying dips because the majority are short and negative on Euro and all I hear these days is Parity Parity Parity.
Someone said Parity Parrots on here weeks ago.... and yeah. Parity parrots aren't going to get what they're looking for, unless that's huge drawdowns and lots of losses.
Enjoy your weekends.
  • #977,275
  • Apr 3, 2015 2:42pm Apr 3, 2015 2:42pm
Quoting Ck87
There is only one side of the market and it is not the bull side or the bear side, but the right side. Jesse Livermore I've been buying Euro dips, is it because I'm a "Euro Bull" ... No. I'm not a fan of any paper currency. I'm buying Euro dips because that's the right side of the market to be on after any nice size sell off. There's still the option to sell big rallies, which I will gladly do, because the market is currently sideways. I favor buying dips because the majority are short and negative on Euro and all I hear these days is Parity Parity...
+1 you must be a bro... im glad that you don't follow the forex tyran's reckless parity schemes...
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #977,276
  • Apr 3, 2015 2:42pm Apr 3, 2015 2:42pm
Quoting Pharm0r
I would hope- if you are one of the guys beating the drums about longs...that you are long from .05xx or .07xx and not from .09xx.....into resistance... by the way- this was an attempt at a HH, without breaking it, it's a failed attempt.....its not broke till its broke. Who holds the better RR here?
In short, no, you are not technically correct. It is not a failed attempt because today's a holiday. We will not see the true direction of the market until Tuesday of next week because Monday also will be a truncated trading session. The move you saw today is just a glimpse into what we can expect next week.

During times of low liquidity, the status quo and the path of least resistance should be on any trader's radar; in other words, it would take a more severe catalyst to break established ranges and trends during periods of low liquidity, like today, to break EUR/USD to the upside for instance. An exceptionally weak NFP isn't as dramatic a catalyst to break the pair from key resistance. The spike literally touched key resistance to the pip then immediately retraced down. Follow through is key here, and that's what we should be watching for next Tuesday; until then, it would be rash to say the market has decided how to play out the NFP numbers already.
  • #977,277
  • Apr 3, 2015 2:43pm Apr 3, 2015 2:43pm
Quoting BlueCirrus
{quote} I would suggest that it's at the congestion zone around the previous high at 1.10511 (Gator's Mofu), and it simply needs to pull back and re-load before it punches through. Note the levels that have been respected on this sequence so far. .....Could be wrong, but that's how I see it at the moment. {image}
My trades are at the risk. I look to short at resistance and long at support. Not the other way around. Sometimes I suffer a loss.
  • #977,278
  • Apr 3, 2015 2:45pm Apr 3, 2015 2:45pm
Quoting TheNoob
{quote} +1 you must be a bro... im glad that you don't follow the forex tyran's reckless parity schemes...
Why would I follow someone who isn't even that good of a trader? I can't even believe how many people pay him any attention on here.
  • #977,279
  • Apr 3, 2015 2:47pm Apr 3, 2015 2:47pm
Quoting Ck87
There is only one side of the market and it is not the bull side or the bear side, but the right side. Jesse Livermore I've been buying Euro dips, is it because I'm a "Euro Bull" ... No. I'm not a fan of any paper currency. I'm buying Euro dips because that's the right side of the market to be on after any nice size sell off. There's still the option to sell big rallies, which I will gladly do, because the market is currently sideways. I favor buying dips because the majority are short and negative on Euro and all I hear these days is Parity Parity...

I've noticed your posts -- you've done well, and I agree, as long as you are profitable and not holding bad trades because of a preconceived view, then you are on the "right side".....Congratulations!
  • #977,280
  • Apr 3, 2015 2:47pm Apr 3, 2015 2:47pm
Quoting Pharm0r
I would hope- if you are one of the guys beating the drums about longs...that you are long from .05xx or .07xx and not from .09xx.....into resistance... by the way- this was an attempt at a HH, without breaking it, it's a failed attempt.....its not broke till its broke. Who holds the better RR here?
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