The EUR/USD is looking real interesting right now... Has anyone noticed that the support line at 1.1376 has teamed up with a certain Fibonacci retracement?
- #1,066,522
- May 9, 2016 4:05am May 9, 2016 4:05am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
It still looks as a (expanded) flat ..... then it must turn ....."now"...
touch at least the 1,1380 then back high and then a little above the current high (that could be the daily pivot....)
touch at least the 1,1380 then back high and then a little above the current high (that could be the daily pivot....)
You can manage risk, but you can't manage the return
- #1,066,524
- May 9, 2016 4:24am May 9, 2016 4:24am
- Joined Dec 2015 | Status: Trader | 8,759 Posts
Do your homework, follow the footprints of smart money
- #1,066,525
- May 9, 2016 4:26am May 9, 2016 4:26am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
It still looks as a (expanded) flat ..... then it must turn ....."now"...
You can manage risk, but you can't manage the return
- #1,066,526
- May 9, 2016 4:29am May 9, 2016 4:29am
- Joined Dec 2015 | Status: Trader | 8,759 Posts
Do your homework, follow the footprints of smart money
- #1,066,527
- May 9, 2016 4:40am May 9, 2016 4:40am
- | Joined Mar 2016 | Status: The Bear | 295 Posts
Patience is a key to joy.
- #1,066,528
- May 9, 2016 4:41am May 9, 2016 4:41am
- | Membership Revoked | Joined Jul 2020 | 7,294 Posts
- #1,066,529
- May 9, 2016 4:44am May 9, 2016 4:44am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
{quote} I'm in...looks an expandet flat ...if so then at least to 1,1419-22 in a 5-wave move.... waiting and watching now
and just a way to get lower to the 1,1365..I still think that coud a low for now... again in waiting mode
You can manage risk, but you can't manage the return
- #1,066,530
- May 9, 2016 5:04am May 9, 2016 5:04am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Awaiting EURUSD rebound. Fed's Evans said "wait and see monetary policy stance is appropriate". (= no rate hike soon) ECB's Constancio said "we have to allow some time for the package of measures adopted in March to produce its effects". (= no rate decrease and QE increase for now) Greek parliament approved new austerity measures. (= no Greek crisis this time) But several central banks intervene so some sharp ups&downs can be expected.
Interesting and profitable for the people who don't trade just ups and downs
Member
- #1,066,532
- May 9, 2016 5:10am May 9, 2016 5:10am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Ouch, ignoring because you cant face being wrong? traits of a great trader hey. Ill be the first to put my hand up and say when this fucker goes below 1.1370 that I lost a trade
You are the big shot in the room, how dare I!
And I'm the man who brought love here, remember!
Love and peace, man!
...sorry, isn't it the time when you should rise the hand since "that fucker" nearly went below 1.1370?
Member
- #1,066,533
- May 9, 2016 5:16am May 9, 2016 5:16am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote} Don, I wasn't put you on ignore! God forbid! I love your style. You are the big shot in the room, how dare I! And I'm the man who brought love here, remember! Love and peace, man!
I'm still in trade anyway, closed one out +2
stops missed by 5 atm
EJ long +176
- #1,066,534
- May 9, 2016 5:18am May 9, 2016 5:18am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} oh I'm still in trade anyway, closed one out +2
Long term regression line angle still significant
Last week's Low and Monthly Pivot broken ...E/U going down step by step?
Come on, who's short for the Daily S1 1.1366?
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- #1,066,535
- May 9, 2016 5:45am May 9, 2016 5:45am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote} Way to go, Don! That's the Don I like!
- #1,066,537
- May 9, 2016 6:27am May 9, 2016 6:27am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Member
- #1,066,540
- May 9, 2016 7:45am May 9, 2016 7:45am
- Joined Mar 2008 | Status: Fooled by randomness | 8,364 Posts
one possible scenrio
down to 1.1358 or more first then up maybe
i dont see it going up before that, maybe yes maybe no
down to 1.1358 or more first then up maybe
i dont see it going up before that, maybe yes maybe no
When life gives you lemons, make lemonade