Disliked{quote} I trade intraday, rarely do I hold trades overnight. I used to but not with the way the market is now. Below is my longer term target from last Thursday, still valid, there is lots of money to be made scalping to the level in both directions if you have the guts/skills. {quote}Ignored
- #1,055,064
- Feb 8, 2016 7:33am Feb 8, 2016 7:33am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #1,055,066
- Feb 8, 2016 7:36am Feb 8, 2016 7:36am
- | Joined Jun 2014 | Status: Full time retard | 1,561 Posts
Why sell the bottoms when you can buy the tops...
- #1,055,067
- Feb 8, 2016 7:42am Feb 8, 2016 7:42am
- Joined Dec 2014 | Status: Klugscheißer | 8,318 Posts
- #1,055,068
- Feb 8, 2016 7:43am Feb 8, 2016 7:43am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #1,055,071
- Feb 8, 2016 8:00am Feb 8, 2016 8:00am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
Beware of robber banks (RB), bad advisors. 
- #1,055,072
- Feb 8, 2016 8:00am Feb 8, 2016 8:00am
EURUSD
The EUR strengthened against the USD last week, closing 2.95% higher at 1.1153, after the ECB President, Mario Draghi, indicated that the central bank will not give up its fight against low inflation, reinforcing the case for additional stimulus package next month. Separately, the European Commission trimmed its Euro-zone 2016 growth forecast to 1.7% from the earlier 1.8%, citing that a slowdown in emerging economies is posing a major threat to the region’s economic recovery. In other macroeconomic news, Euro-zone’s final Markit manufacturing PMI remained steady in January, in line with market expectations. Moreover, retail sales rebounded for the first time in 4 months on a monthly basis in December, in line with investor expectations, providing a positive view about the current domestic environment in the Eurozone. Meanwhile in Germany, the seasonally adjusted unemployment rate unexpectedly dropped to a historic low of 6.2% in January, indicating that recovery in the Eurozone’s biggest economy remains on track. The pair traded at a high of 1.1247 and a low of 1.0824 during the previous week. The pair is expected to witness its first support at 1.0903 and second support at 1.0652, while the first resistance is expected at 1.1325 and second resistance at 1.1498. This week, investors would focus on the preliminary Q4 GDP and industrial production data across the Eurozone to gauge the strength in the European economy. Additionally, Germany’s trade balance and consumer price inflation data would also be keenly watched by investors.
The EUR strengthened against the USD last week, closing 2.95% higher at 1.1153, after the ECB President, Mario Draghi, indicated that the central bank will not give up its fight against low inflation, reinforcing the case for additional stimulus package next month. Separately, the European Commission trimmed its Euro-zone 2016 growth forecast to 1.7% from the earlier 1.8%, citing that a slowdown in emerging economies is posing a major threat to the region’s economic recovery. In other macroeconomic news, Euro-zone’s final Markit manufacturing PMI remained steady in January, in line with market expectations. Moreover, retail sales rebounded for the first time in 4 months on a monthly basis in December, in line with investor expectations, providing a positive view about the current domestic environment in the Eurozone. Meanwhile in Germany, the seasonally adjusted unemployment rate unexpectedly dropped to a historic low of 6.2% in January, indicating that recovery in the Eurozone’s biggest economy remains on track. The pair traded at a high of 1.1247 and a low of 1.0824 during the previous week. The pair is expected to witness its first support at 1.0903 and second support at 1.0652, while the first resistance is expected at 1.1325 and second resistance at 1.1498. This week, investors would focus on the preliminary Q4 GDP and industrial production data across the Eurozone to gauge the strength in the European economy. Additionally, Germany’s trade balance and consumer price inflation data would also be keenly watched by investors.
- #1,055,073
- Feb 8, 2016 8:05am Feb 8, 2016 8:05am
{quote} It's very strange moves today... Why the E/U dropped on some meagre news? ....... Maybe skinning the stop losses? Got the up bug in me.
- #1,055,077
- Feb 8, 2016 8:21am Feb 8, 2016 8:21am
- Joined Dec 2014 | Status: Klugscheißer | 8,318 Posts
{quote} just tell us which ones you have
- #1,055,078
- Feb 8, 2016 8:28am Feb 8, 2016 8:28am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
