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EURUSD

  • #1,054,421
  • Feb 4, 2016 4:01am Feb 4, 2016 4:01am
BOE keeps rate unchanged (9-0 vote). Not seeing any rise till mid 2017
Awaiting inflation report
Think 4D: History, Future, Now and Noise
  • #1,054,422
  • Feb 4, 2016 4:25am Feb 4, 2016 4:25am
Quoting midouch
Wonder how many accounts were closed out yesterday. This is typical guys, trust me it's not about FA or TA in many times, sometimes they just want to kick out some players and some sharp moves like these take place. I think yesterday a lot of traders were at 0 balance for shorting EU, thanks to all the parity recommendations and how weak the euro is, and the cable heading to 1.35. I was saved miraculously. I used a double position strategy and closed when all was profit, it was well risky because if EU went straight to 1.1300 I would be screwed....
when you mentioned double position, do you mean buy and sell at same time?
Fundamental provide Volume, Technical shows Direction
  • #1,054,423
  • Feb 4, 2016 4:27am Feb 4, 2016 4:27am
Quoting Atihun
{quote} well you still suck at hiding your identity
lol.
Shit Happens
  • #1,054,424
  • Edited 4:42am Feb 4, 2016 4:31am | Edited 4:42am
It's going to pop again within seconds.minutes or setting up to fake but the downward pressure....

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  • #1,054,425
  • Feb 4, 2016 4:46am Feb 4, 2016 4:46am
Quoting miguel.mmuk
{quote} ...so it's going to be another stretch time for shorting guys ! -/ {image}
Algo acct is fully long so no more short scalps for me, but I'd have another look at DXYH6 before that stretch...just a heads up.
  • #1,054,426
  • Feb 4, 2016 4:49am Feb 4, 2016 4:49am
1,61 - 1,75 fib d1
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  • #1,054,427
  • Feb 4, 2016 4:59am Feb 4, 2016 4:59am
incredible... 4 days 1.08 - 1.12
  • #1,054,428
  • Feb 4, 2016 5:05am Feb 4, 2016 5:05am
another 130 pips and still going up, does anybody know why usd is weakening so fast? all these completely fcked up my trading plan and closed the positions since have no clue what is all that about.
As Above, So Below
  • #1,054,429
  • Feb 4, 2016 5:09am Feb 4, 2016 5:09am
Quoting tashkent
another 130 pips and still going up, does anybody know why usd is weakening so fast? all these completely fcked up my trading plan and closed the positions since have no clue what is all that about.
Because the dollar was already priced in anticipating rate hike so a bit correction...

Also if we were to look into the past of fed rate hike then dollar has weakened for the first few months.
Losers Hope, Winners Believe
  • #1,054,430
  • Feb 4, 2016 5:09am Feb 4, 2016 5:09am
Quoting ben82
incredible... 4 days 1.08 - 1.12
check out the second week of december 2008, I think.....this is nothing, pretty sure we did 400 in a day
Look Sharp/Trade Tight
  • #1,054,431
  • Feb 4, 2016 5:12am Feb 4, 2016 5:12am
Quoting ben82
incredible... 4 days 1.08 - 1.12
Is it big? Haven't you seen almost 500 pips move in within a few hours?
You cannot learn better without losing
  • #1,054,432
  • Feb 4, 2016 5:15am Feb 4, 2016 5:15am
15 minutes later I think the data would be 1.13! market must be crazy
  • #1,054,433
  • Feb 4, 2016 5:17am Feb 4, 2016 5:17am
Quoting forexings
{quote} Is it big? Haven't you seen almost 500 pips move in within a few hours?
Do you think small 400 pips?
  • #1,054,434
  • Feb 4, 2016 5:19am Feb 4, 2016 5:19am
Quoting LucasT
{quote} when you mentioned double position, do you mean buy and sell at same time?
No, I meant first position was 0.1 lot 2nd was 0.2 and so on with average price so I can close all of them at profit if it goes down a specific number of pips. Yes, risky!
  • #1,054,435
  • Feb 4, 2016 5:26am Feb 4, 2016 5:26am
Quoting Shiv999
{quote} Because the dollar was already priced in anticipating rate hike so a bit correction... Also if we were to look into the past of fed rate hike then dollar has weakened for the first few months.
there is something else. probably will find out in coming weeks.
As Above, So Below
  • #1,054,436
  • Feb 4, 2016 5:26am Feb 4, 2016 5:26am
Eur/Usd just broke the psychological level at 1.1200, the pair remains rising towards next handle around 1.1500.
  • #1,054,437
  • Feb 4, 2016 5:30am Feb 4, 2016 5:30am
Quoting tashkent
{quote} there is something else. probably will find out in coming weeks.
Yeah, lets see.... Also this kinda moves take place every now and then to wipe out some accounts....

Icing on the cake, we got bad numbers from US... God knows where it's gonna stop
Losers Hope, Winners Believe
  • #1,054,438
  • Feb 4, 2016 5:32am Feb 4, 2016 5:32am
Quoting nonlinear
Okay, three shorts now, NU (still holding from earlier), AU, and EU. No more slaughtering hopefully.

EU hit TP, but both AU and NU stopped out while I zzzz. Took a long in GU looking good so far.
  • #1,054,439
  • Feb 4, 2016 5:34am Feb 4, 2016 5:34am
Well, I need to post more often, GU just spiked up to my TP lol
  • #1,054,440
  • Feb 4, 2016 5:35am Feb 4, 2016 5:35am
Who cut the brakes?

catched 30% of this move, now sideline,
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