EURUSD

eu daily

Daily as well

Sells closed +77 nice start of the week. 1st buy @136.25

Great trades, keep it up

Andrew

if we go above the upper triangle line, will switch to your flag. still wave 4. wedge or channel doesnt matter.

GEPPY has pulled back to the 23fib of the present bounce if it drops through, then previous low @ 4hr 184 23 or 50sma 4hr possible targets if gets thru 50fib is on the cards

lets see if we can get a little pa here around 131x and try a long

I agree no ones views matter because we don't know, but if we were to take an Educated Guess from History and Practice...

With Regards to Feds,

A Key factor to stimulate and build the economy is Liquidity and Cheap Credit...

Raise, Hold, or Lower rates on these Fundamentals?

1. China is struggling to avoid it's own Depression
2. Shipping and freight prices signal a slow down in trade
3. Commodities are at record lows which are signaling a deteriorating economy worldwide
4. Emerging Markets are taking a beating by the strong dollar, slowing exports, and falling commodity prices

Better off they just sit back and keep creating all this HYPE.

The wealthy almost have unlimited credit, on a larger scale it's what makes their class good at Building, Sustaining Growth, and their backbone to almost any Issue.

Following that model on a much smaller scale through credit in an Entrepreneurs Market is the Economic Fundamental Objective because in the long run they will be dominant with higher rates BUT with much Less Risk. Similarly, the same way we trade...

One thing is certain... Volatility gives us traders opportunities, no matter what the Feds do.

Good luck to all this week, and always practice Risk Management!

Oh guru ......

gulu.

Feel the same way, although it has been hovering right above the 100sma on the 4hr for the past 12candles and ranging between ~ 185.60-186.70...

But looking for a close below that 100sma.

Anyone buying eur/jpy now?

i still think apple/china is full of shit.. they did sell out of i-phones to china.. but that just means they didnt offer enough, creating a fake shortage and a backlog of future sales. a marketing ploy.

That hit BE, missed tp by 4 pips. Bellow 540 atm looks shortable.

for years now there hasn't been a true Alpha in the Market, because this is the marketing bullshit they're selling, creating years of Beta... such bs propping up the Chinese market...

Depends on TF but I am still holding short.

4H close below 200SMA and previous resistance turned support at 136.30, first retest rejected

Expecting a big recovery of Eurusd somewhere to the level around 1.1700 in near future...

buying EU , already holding longs underwater ... 1.1283 could be touched with this H4 candle
1.14 is a logical target for today ( atm 1317 , high : 1373 ) I've got 1406 & 1437 on the upside and 1283 on the downside

I also holding short but afaid of spike..