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  • #21,781
  • Aug 21, 2015 6:45am Aug 21, 2015 6:45am
My friend and trader - mr. Dale Pinkert singing!!

Looks so cool!

https://www.facebook.com/karhl.jacob...4792563194613/
  • #21,782
  • Aug 21, 2015 6:53am Aug 21, 2015 6:53am
Quoting fxtyrant
{quote} we poked above it for a minute, maybe a false break.
my feeling is that it is not...based on the FOMC minutes we are going to see a more strong eur vs usd as people are not "betting" on sept rate hike...

nevertheless i am still dovish regarding eur but on the other end this is a perfect opportunity (of course upon "confirmation") to "load" shorts


dont forget that we have greece "out" of ECB's QE and based on the deal is not far away greece will join QE and as a "late entry" this will take place aggressively of course we have greek elections in the horizon....but thats not going to last much (i hope for my...shake lol)
  • #21,783
  • Aug 21, 2015 7:10am Aug 21, 2015 7:10am
Quoting KGP
{quote} my feeling is that it is not...based on the FOMC minutes we are going to see a more strong eur vs usd as people are not "betting" on sept rate hike... nevertheless i am still dovish regarding eur but on the other end this is a perfect opportunity (of course upon "confirmation") to "load" shorts dont forget that we have greece "out" of ECB's QE and based on the deal is not far away greece will join QE and as a "late entry" this will take place aggressively of course we have greek elections in the horizon....but thats not going to last much...
Well buddy what you dont realise is the fact that EUROPE is still in QE mode. while US is still few months ahead of Europe in the Rate Hiking curve...
if you are basing the recent rally by the EURO as your reasoning that the fundamentals in Europe is improving then you are sorely wrong...

What you need to realise is that EURO is being bought up because it is so much devalued that given the world economy is in panic mode with Equity market, and bond market and commodities market, investors think euro is cheap enough to run to for safehaven... this wont last very long. Euro strength is exagerated even further given the lack of volume as we are still in summer markets, once the big fund guys come back. Europe will be back on the docket and ECB wont like to see EURUSD being where it is right now... need i remind you ECB came out with Draghi coming out to talk down EURO when EURUSD was at 1.14xx??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #21,784
  • Aug 21, 2015 7:13am Aug 21, 2015 7:13am
Quoting fxtyrant
{quote} Well buddy what you dont realise is the fact that EUROPE is still in QE mode. while US is still few months ahead of Europe in the Rate Hiking curve... if you are basing the recent rally by the EURO as your reasoning that the fundamentals in Europe is improving then you are sorely wrong... What you need to realise is that EURO is being bought up because it is so much devalued that given the world economy is in panic mode with Equity market, and bond market and commodities market, investors think euro is cheap enough to run to for safehaven......
well what you dont realise is that you expanded my view further more

as i mentioned (and you know from the eurusd thread) already i am dovish as far as euro is concerned vs the USD and that this is temporary...
  • #21,785
  • Aug 21, 2015 7:33am Aug 21, 2015 7:33am
Quoting KGP
{quote} well what you dont realise is that you expanded my view further more as i mentioned (and you know from the eurusd thread) already i am dovish as far as euro is concerned vs the USD and that this is temporary...
But how temporary will this long move on eur/usd will last? until the summer market ends?
When will this summer market ends anyway?
From what I can see from my chart here is 95.3 seems like a support for usd index on the trend line on D1 chart.
From 97.1 to drop until the current 95.3 within 2 day is scary...
I wonder will it be a re-bounce on usd any sooner...
  • #21,786
  • Aug 21, 2015 7:50am Aug 21, 2015 7:50am
Quoting KGP
{quote} well what you dont realise is that you expanded my view further more as i mentioned (and you know from the eurusd thread) already i am dovish as far as euro is concerned vs the USD and that this is temporary...
im shorting the EURUSD till kingdom comes.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #21,787
  • Aug 21, 2015 8:10am Aug 21, 2015 8:10am
EUR/USD's knocking at my last resistance levels until the next which is far above at 1.15 area.
By far the strongest but also most dangerous at around 1.134 that we need to look at for false breaks or a longer stay above 1.12.

Update: Finally! Complete that bearish candle from that spike we just saw and it'll be the first bearish signal I have. Lol. Needs to close below 1.131. (1hr candle)
Luck shines on the positive.
  • #21,788
  • Aug 21, 2015 8:51am Aug 21, 2015 8:51am
Quoting YvetteTeo
EUR/USD's knocking at my last resistance levels until the next which is far above at 1.15 area. By far the strongest but also most dangerous at around 1.134 that we need to look at for false breaks or a longer stay above 1.12. Update: Finally! Complete that bearish candle from that spike we just saw and it'll be the first bearish signal I have. Lol. Needs to close below 1.131. (1hr candle)
Sorry to ask, may I know which bearish candle you are refering to?
I don't see any bearish candle on eur/usd now
  • #21,789
  • Aug 21, 2015 9:40am Aug 21, 2015 9:40am
Quoting fx-anew
{quote} Sorry to ask, may I know which bearish candle you are refering to? I don't see any bearish candle on eur/usd now
It was unvalidated. Lol, didn't complete.
Luck shines on the positive.
  • #21,790
  • Aug 21, 2015 4:37pm Aug 21, 2015 4:37pm
Quoting fx-anew
{quote} But how temporary will this long move on eur/usd will last? until the summer market ends? When will this summer market ends anyway? From what I can see from my chart here is 95.3 seems like a support for usd index on the trend line on D1 chart. From 97.1 to drop until the current 95.3 within 2 day is scary... I wonder will it be a re-bounce on usd any sooner...
eur/usd broke all the resistance on chart, no retrace is seen even it has broke R3.
This whole move is like.... a total manipulation
I seriously wonder how far can this long of eur/usd goes...
Doesn't ECB worry about this type of long movement?
  • #21,791
  • Aug 21, 2015 5:21pm Aug 21, 2015 5:21pm
Quoting fx-anew
{quote} eur/usd broke all the resistance on chart, no retrace is seen even it has broke R3. This whole move is like.... a total manipulation I seriously wonder how far can this long of eur/usd goes... Doesn't ECB worry about this type of long movement?
Hello,
Why would you contend that this move on EU is manipulated? The reason I ask is because so many people are claiming the same thing (manipulation).
  • #21,792
  • Aug 21, 2015 10:35pm Aug 21, 2015 10:35pm
Quoting fx-anew
{quote} eur/usd broke all the resistance on chart, no retrace is seen even it has broke R3. This whole move is like.... a total manipulation I seriously wonder how far can this long of eur/usd goes... Doesn't ECB worry about this type of long movement?
It could be clearing of stops. This can be seen in CFTC from the fall in number of short positions.
Fundamentally doesn't make sense, but technical tells a different story. In trading, we are short term, therefore we follow technicals.
The true fact is market doesn't care, risk mgt is important.
  • #21,793
  • Aug 22, 2015 1:03am Aug 22, 2015 1:03am
has euro/usd changed its trend ? Its looking to go high breaking all the resistance levels. Euro is gaining strength against all currencies . Gbp/jpy going bearish usd/jpy is bearish but euro/jpy is bullish . What is happening i don't understand . is this because of China ?
  • #21,794
  • Aug 23, 2015 9:03am Aug 23, 2015 9:03am
Quoting T@rantula
My friend and trader - mr. Dale Pinkert singing!! Looks so cool! https://www.facebook.com/karhl.jacob...4792563194613/
a men with skills if the trade goes bad can allways get a diferent jod ; )
about trading T what is the problem with the euro ? are they catching the stop ? manipolacion ? i think we will be loking for good down 1.14 1.15 will give to us 15-5-15 and 18-6-15 hi .... my simple opinion ; )
Scalping
  • #21,795
  • Aug 23, 2015 5:57pm Aug 23, 2015 5:57pm
Quoting tpoj
has euro/usd changed its trend ? Its looking to go high breaking all the resistance levels. Euro is gaining strength against all currencies . Gbp/jpy going bearish usd/jpy is bearish but euro/jpy is bullish . What is happening i don't understand . is this because of China ?
I think it's evident that taking a position say in 10 mins, and holding that position, ignoring everything which happens after that is what causes the "conflicting" results in our accounts. Someone mentioned that he will be selling EU until kingdom comes, when clearly that goes against how the dynamics of how the trading system actually works. I truly believe that this market works on a day to day setup, and not based on what happened say Yesterday and much less months ago.
The things we see on a daily bases is nothing more then fluff, a reason for the market to spike x amount of pips for the "manipulation" to not seem so obvious. I think if we focus less on what WILL happen, and look at what IS happening, then maybe we can have more consistent green days. What do you think Tpoj or anyone else willing to chime in.
  • #21,796
  • Aug 24, 2015 1:20am Aug 24, 2015 1:20am
China stocks in a global sell off, SP500 breaking the sideways market, and possibly tanking hard, FOMC in my opinion will not raise hikes in next 6 months. Hectic Asia session gave us a lot to think about. Currently, the most traded currency pair - EURUSD looks like it is targeting strong resistance zone at 1.1538-48. The pair bounced heavily in Asia session coming an inch close to 1.1500. As we can see on the chart the pair is relentlessly going north, coming close to abpve mentioned target. Additionally R3- resistance is also in the zone so we might expect some selling in the zone ( 1.1538-48). 1.1255-45 is important to watch for as strong buyers could be expected there. Retracement down to 1.1255-45 WILL NOT negate bullish trend and it is a good place to place long trades. L3, DPP, Previous Double Top, 61.8 is constituting for POC and if the pair manages to retrace, we should expect next leg of buying.
Additionally 1.1460 is interim resistance and we should also watch the price action around that level.
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  • #21,797
  • Aug 24, 2015 1:45am Aug 24, 2015 1:45am
Guys,

Me and my friend-trading partner Chris will be holding a series of FREE webinars in a range of 5 weeks from August 25th to October 4th 2015. We named it FX Trading Festival of webinars.

WHAT ARE THE TOPICS and DATES?

UK time
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3) Heiken ashi candles Tuesday 8 September 10AM
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6) Live trading room 1 Tuesday 22 September 10AM
7) Live trading room 2 Wed 23 September noon
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  • #21,798
  • Aug 24, 2015 4:42am Aug 24, 2015 4:42am
very good ? letīs se if y can watch some of those webbinaris big hug thanks for the good stuff or green pibs men .
Scalping
  • #21,799
  • Aug 24, 2015 4:50am Aug 24, 2015 4:50am
Quoting guguxpto
very good ? lets se if y can watch some of those webbinaris big hug thanks for the good stuff or green pibs men .
EURUSD TP hit, thanks !!
  • #21,800
  • Aug 24, 2015 5:10am Aug 24, 2015 5:10am
Here is the link to my today's session recap webinar. No need to mention, its FREE. For all of you who are not familiar with this, I have been posting setups and analysis of 5 different pairs, usually with 150+ pips/avg/webinar. Always included are EURUSD, GBPUSD, AUDUSD.

So sign up and lets make pips together.

https://goo.gl/jGZYgy
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