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EURUSD

  • #1,065,841
  • May 3, 2016 10:12am May 3, 2016 10:12am
Quoting PatienceFx
{quote} booked cable also ; good trades
took a quick short on eu again 1.1500 tp ; lots of buyers

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  • #1,065,842
  • May 3, 2016 10:12am May 3, 2016 10:12am
Quoting tunera
{quote} you made me laugh! seriously, when eu went from 1.40 to 1.05, that was a hell of a buying!!!!
A big portion of the move from 1.40 to 1.05 was a shakeout on EURUSD. It is setting up for a move to 1.70+ in my opinion.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #1,065,843
  • May 3, 2016 10:12am May 3, 2016 10:12am
Quoting micho
{quote} maybe you are holding your screen upside down, or you are standing on your head or your brain is upside down or you are looking at USDEUR instead of EURUSD. everytime it goes down, you come up with this same sentence, when are you gonna stop?????????????????


Classic.
  • #1,065,844
  • May 3, 2016 10:15am May 3, 2016 10:15am
Quoting micho
{quote} buying weed
agree ; that guy is truly hilarious
  • #1,065,845
  • May 3, 2016 10:20am May 3, 2016 10:20am
i think i will hold my new short to 1.1460 instead of 1.1500

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  • #1,065,846
  • May 3, 2016 10:21am May 3, 2016 10:21am
Quoting rahulkghosh
{quote} A big portion of the move from 1.40 to 1.05 was a shakeout on EURUSD. It is setting up for a move to 1.70+ in my opinion.
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When life gives you lemons, make lemonade
  • #1,065,847
  • May 3, 2016 10:22am May 3, 2016 10:22am
Quoting rahulkghosh
{quote} A big portion of the move from 1.40 to 1.05 was a shakeout on EURUSD. It is setting up for a move to 1.70+ in my opinion.
yes on that i agree that's a possibility, but we may talking about 2020-2030.

also, it can be 1.70 or it can be 0.80 or it can be 1.15.. it's really impossible to predict the next 10 years, as the chart become useless on such a big timespan, only fundies count.
there can be a war or a geopolitical situation that affect some particular country and its currency, or there can even be a world war, or just the economical superpower situation (usa-europe-china) can flip, an outbreak can decimate the population of a country(s), etc.

for what we know, maybe in 10 years there will be no eurusd anymore, maybe eur and usd will unite their currency in a super west currency, and we'll trade the eurusadollar vs the russchina dollar.

who knows what will happen?

what if europe break itself and each small country got back to its old currency (german franc, french franc, italian lira, spanish peseta etc.). it can happen.

what if usa split and the usd cease to exist.

or maybe the new world order will be estabilished and there will be only 1 currency for the whole world.

i went too far
  • #1,065,848
  • May 3, 2016 10:22am May 3, 2016 10:22am
in case any of you are long from 1.138x, then your stop losses now 1.14611
in case your name is rahul, you dont need stops
When life gives you lemons, make lemonade
  • #1,065,849
  • May 3, 2016 10:23am May 3, 2016 10:23am
Quoting Robertk
{quote} 1.27050-1.27250 +/- is an attractive level to test when it comes to U/C.... lets see

About +10-20 more and exhaustion will kick in. Exhaustion being either ranging for the remainder of today, or a small rejection. Out of curiousity, will you hold or take your loss Rahul?
  • #1,065,850
  • May 3, 2016 10:23am May 3, 2016 10:23am
Quoting PatienceFx
i think i will hold my new short to 1.1460 instead of 1.1500 {image}
cable making a touch down on h1 200 sma, should consolidate here before dropping more.

will wait for that consolidation to be over
  • #1,065,851
  • May 3, 2016 10:24am May 3, 2016 10:24am
Quoting PatienceFx
i think i will hold my new short to 1.1460 instead of 1.1500 {image}
nice target point bro ..... 1.45

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  • #1,065,852
  • May 3, 2016 10:29am May 3, 2016 10:29am
guys i have a kind request

if any of you feel i am taking wrong trades then do point it out to me ; i am willing to learn
  • #1,065,853
  • May 3, 2016 10:36am May 3, 2016 10:36am
Quoting rahulkghosh
{quote} Cause the buying is on the downbars. Wow a lot more buying going on in the past few hours. We should definitely see 1.20+ within a month.
Thank you for your answer. Based on a volume indicator or raw tick/M1 price action?
  • #1,065,854
  • May 3, 2016 10:36am May 3, 2016 10:36am
cable and euro went up on aud crosses move ; when that finished ; both fell like ( ok forget it )
  • #1,065,855
  • May 3, 2016 10:43am May 3, 2016 10:43am
closing out of eu short -7 ; looks like this will also go into consolidation
  • #1,065,856
  • May 3, 2016 10:44am May 3, 2016 10:44am
Attn Every body: LOL i am about to sell my house and move in a small shed so I can invest that in forex
Drawdown is more important than Account Size !
  • #1,065,857
  • May 3, 2016 10:47am May 3, 2016 10:47am
Quoting tunera
{quote} yes on that i agree that's a possibility, but we may talking about 2020-2030. also, it can be 1.70 or it can be 0.80 or it can be 1.15.. it's really impossible to predict the next 10 years, as the chart become useless on such a big timespan, only fundies count. there can be a war or a geopolitical situation that affect some particular country and its currency, or there can even be a world war, or just the economical superpower situation (usa-europe-china) can flip, an outbreak can decimate the population of a country(s), etc. for what we...
Fundamentals have nothing to do with the price movement. Trends are driven by supply and demand imbalances.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #1,065,858
  • May 3, 2016 10:48am May 3, 2016 10:48am
Quoting DexterMorgan
{quote} Thank you for your answer. Based on a volume indicator or raw tick/M1 price action?
Based on the movement of retail sentiment and the movement of price.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #1,065,859
  • May 3, 2016 10:49am May 3, 2016 10:49am
Quoting PatienceFx
closing out of eu short -7 ; looks like this will also go into consolidation
It seems the Londoners are taking their profits before the end of today's session.
Patience is a key to joy.
  • #1,065,860
  • May 3, 2016 10:50am May 3, 2016 10:50am
Quoting procrude
Attn Every body: LOL i am about to sell my house and move in a small shed so I can invest that in forex
tons of brokers out there willing to give you free cash if you are a good trader

google how ; forexfactory rules do not permit me to explain here.
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