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  • #1,065,321
  • Apr 27, 2016 7:15am Apr 27, 2016 7:15am
Quoting 666Doom
{quote} I trade intraday,obviously some days trend is down,so i will trade it down then,otherwise i am bullish Eur/Usd on big chart. So for me shorts will be open but more of a pullback. I hope i am more clear now. Nice chart btw.
Yes you are
You can manage risk, but you can't manage the return
  • #1,065,322
  • Edited 7:52am Apr 27, 2016 7:24am | Edited 7:52am
Quoting 666Doom
{quote} You are right,Yes everything is speculation. I didn't mean speculation as in speculation of financial markets. I meant you were doing speculation of outcome of FED decision and fundamentals. Nobody can predict how market will react to a big news,but we can see long term results and connections,i see it going up on big chart,you can't deny the strength it has in up moves. Nevermind what i said,if you are sure of yourself. God bless you.
I'm sure price will move in one direction. Not idea what direction. That is enough
Try don't lose pants never...
  • #1,065,323
  • Apr 27, 2016 7:49am Apr 27, 2016 7:49am
I think till FED same Range today high and low
  • #1,065,324
  • Apr 27, 2016 8:52am Apr 27, 2016 8:52am
Closed my trade ... cant take chance with News and lose $$$
Attached Image (click to enlarge)
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Drawdown is more important than Account Size !
  • #1,065,325
  • Apr 27, 2016 9:25am Apr 27, 2016 9:25am
Quoting Mayly-May
{quote} Just lucky sir someday i'll lost all in one day when market it break out
Mayla-May I'm watching your open orders :x do you still have a lot of margin ?

I'm really tempted to enter USD/Cad trend but FOmc coming today so I'm struggling to not get in today x)
  • #1,065,326
  • Apr 27, 2016 9:39am Apr 27, 2016 9:39am
Good luck all.
Keep equity inside your account,be safe.
God bless you.
  • #1,065,327
  • Edited 12:35pm Apr 27, 2016 9:51am | Edited 12:35pm
I think I'm still on track with my count as shown tomorrow.....

The market is now in a correction... I think it's a triangle.... can also transform to an flat. I will follow this closely...

Flat count is red
triangle count is purple

Edit1: Well there is something not oke with that triangle. Last move is not a 5-wave move....and the low of leg-e is a little to low....
Then it must be a flat....or an expanded flat. Can't see an impulsive structure in this thing... Anyway both indicating a move up after the flat / expandet flat or triangle...

Edit2: Indeed it turns even into an Expandet flat now...... see the last screenshot
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot1.png Size: 15 KB
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You can manage risk, but you can't manage the return
  • #1,065,328
  • Apr 27, 2016 10:06am Apr 27, 2016 10:06am
Looks like USOil is pushing EURUSD down.
  • #1,065,329
  • Apr 27, 2016 10:11am Apr 27, 2016 10:11am
Quoting lcouto
{quote} Mayla-May I'm watching your open orders :x do you still have a lot of margin ? I'm really tempted to enter USD/Cad trend but FOmc coming today so I'm struggling to not get in today x)
i'm just use only 0.05 sir lot but i'm open more order now euro don't go up or down
  • #1,065,330
  • Apr 27, 2016 10:19am Apr 27, 2016 10:19am
Quoting TudorIoan
Guys, guys, don't take important positions ahead the Fed's. Better be wise, hold your entries!
i agree with you! is better wait until Ms Yellen Speaks, ...i think is going to be bullish
  • #1,065,331
  • Apr 27, 2016 10:32am Apr 27, 2016 10:32am
I can suggest, not to take any positions till the major news comes out... market can make some stupid moves before/during/after news I am waiting like a Cheetha.... till 2:30pm EST then i will attack
Drawdown is more important than Account Size !
  • #1,065,332
  • Apr 27, 2016 10:40am Apr 27, 2016 10:40am
I'm guessing EUR will be up to 1.14 and more today, and this month.
  • #1,065,333
  • Apr 27, 2016 10:43am Apr 27, 2016 10:43am
I am short now and trailing the stop-loss. But we will probably keep moving sideways until the FOMC.

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  • #1,065,334
  • Apr 27, 2016 11:11am Apr 27, 2016 11:11am
Quoting Greg33
I am short now and trailing the stop-loss. But we will probably keep moving sideways until the FOMC. {image}
Welcome to Forex Factory. I can see this is your first post. Just a recommendation: Please hide your account number in your images have Fun... wish you lots of PIPS
Drawdown is more important than Account Size !
  • #1,065,335
  • Apr 27, 2016 11:44am Apr 27, 2016 11:44am
Attached Image (click to enlarge)
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Will FOMC cause EURUSD to hit:

a) Last week's high?
b) Last week's low?
c) All of the above?
d) None of the above?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,065,336
  • Apr 27, 2016 12:06pm Apr 27, 2016 12:06pm
TooSlow --> cannot prediction on the FOMC.

But the Game is going to start very soon....
  • #1,065,337
  • Apr 27, 2016 12:06pm Apr 27, 2016 12:06pm
i luv this moment when, the weekly resistance for all majors points down on addition to the star physic( asteriods,sunspots,planetary retrograde )....come on FOMC.....i cant wait.....No doubt we gonna go low..
  • #1,065,338
  • Apr 27, 2016 12:10pm Apr 27, 2016 12:10pm
There will not be any interest rate hike this evening and we should see the USD depreciate across the board.
  • #1,065,339
  • Edited 12:37pm Apr 27, 2016 12:26pm | Edited 12:37pm
Quoting Jonstaples
There will not be any interest rate hike this evening and we should see the USD depreciate across the board.
Wouldnt be to sure about this.... since everyone thinks exactly that, it could be priced in already by the traders. So EURUSD might as well drop or do nothing at all.

That up-spike we just had that hit the previous high of the last days is also interesting, now the big boys got their previous high hit already and can let it drop...
  • #1,065,340
  • Apr 27, 2016 12:39pm Apr 27, 2016 12:39pm
Quoting Jonstaples
There will not be any interest rate hike this evening and we should see the USD depreciate across the board.

Drawdown is more important than Account Size !
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