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  • #1,067,421
  • Edited 10:41am May 18, 2016 10:31am | Edited 10:41am
Quoting Don96
{quote} Short ? my bad I didn't read it properly I don't like anything atm, dollar index pointing down? probs be volatile now until FOMC
In my opinion eu is down atm and I think this is best spot for current situation for shorts. 9 pip sl.

Again only my opinion: If my view would be bullish, I would look for entry at current bottom, if bearish then where is my short atm.
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  • #1,067,422
  • May 18, 2016 11:01am May 18, 2016 11:01am
Quoting Raa
{quote} In my opinion eu is down atm and I think this is best spot for current situation for shorts. 9 pip sl. Again only my opinion: If my view would be bullish, I would look for entry at current bottom, if bearish then where is my short atm. {image}
yeah that's where I'm at, I was originally in at 1.1261 and 66 but stopped B.E +, choppy on FOMC day, just stopped on UJ - 15, shorted GU 1.4615
  • #1,067,423
  • May 18, 2016 11:11am May 18, 2016 11:11am
Quoting Don96
{quote} yeah that's where I'm at, I was originally in at 1.1261 and 66 but stopped B.E +, choppy on FOMC day, just stopped on UJ - 15, shorted GU 1.4615

Good spot to short gu! But I don't like to pick tops/bottoms.
  • #1,067,424
  • May 18, 2016 11:14am May 18, 2016 11:14am
Quoting Raa
{quote} Good spot to short gu! But I don't like to pick tops/bottoms.
I love it

if it holds, and EU drops below this support and UJ pops, ill be

then again I'm waiting for 1.123x to long EU
  • #1,067,425
  • May 18, 2016 11:21am May 18, 2016 11:21am
Grrrrr..... bad bad day.... First I had a funeral today.....secondly count is broken....

You can manage risk, but you can't manage the return
  • #1,067,426
  • May 18, 2016 11:22am May 18, 2016 11:22am
Quoting HappyMe
Grrrrr..... bad bad day.... First I had a funeral today.....secondly count is broken....
​probs best to stay away from charts, everything will be broken in 100 mins
  • #1,067,427
  • May 18, 2016 11:27am May 18, 2016 11:27am
Yes, if there is something going bad in your life the last place you want to be is in front of the charts.

For your own good. Good to meditate, exercise, or read in times like that instead.
  • #1,067,428
  • May 18, 2016 11:38am May 18, 2016 11:38am
Quoting DasPips
Yes, if there is something going bad in your life the last place you want to be is in front of the charts. For your own good. Good to meditate, exercise, or read in times like that instead.
i should do this every day then .... Condolences Happy.
Now for E/U. Who sees 1.1190 next few hours? Cos I do.
Beware of robber banks (RB), bad advisors.
  • #1,067,429
  • May 18, 2016 11:39am May 18, 2016 11:39am
​FOMC minutes, it will make USD Strong? or weak?
  • #1,067,430
  • May 18, 2016 11:41am May 18, 2016 11:41am
Quoting TudorIoan
Evening Standard released on Brexit poll. According to the survey, the "remain" option leads by 55% to 33% to "leave" option. Its positive news for GBP. Pound rallies hard on the poll. E/U seem to be pulled up by sister pound dispite Fed's officials put the June's hike back on the table
Tudor, you are smart man. Most things we see the same But i have to say that G/U is good only for selling
FED we don't know for sure, just educated guess.....What is yours?
Beware of robber banks (RB), bad advisors.
  • #1,067,431
  • May 18, 2016 11:41am May 18, 2016 11:41am
Quoting HappyMe
Grrrrr..... bad bad day.... First I had a funeral today.....secondly count is broken....
Take a vacation today. Pour yourself some whiskey on ice, put on some music and relax in your fortress of solitude.
  • #1,067,432
  • May 18, 2016 12:00pm May 18, 2016 12:00pm
There is no major news for the rest of the month and the monthly chart setup for both USDX and EURUSD suggests that today we will see big trend defining moves.
  • #1,067,433
  • May 18, 2016 12:25pm May 18, 2016 12:25pm
Quoting Not-KPMG
{quote} i should do this every day then .... Condolences Happy. Now for E/U. Who sees 1.1190 next few hours? Cos I do.
Thanks....!!

I'm already looking for a valid count.... after small changes I'm there....I think....I now solving the moves from 1,1616 to now.... that's more problematic for now... but if there is time.....there is always a solution
You can manage risk, but you can't manage the return
  • #1,067,434
  • May 18, 2016 12:29pm May 18, 2016 12:29pm
Quoting Nabz
There is no major news for the rest of the month and the monthly chart setup for both USDX and EURUSD suggests that today we will see big trend defining moves.
don't know what calendar your looking at
  • #1,067,435
  • May 18, 2016 1:05pm May 18, 2016 1:05pm
EU bashed. holy shit
  • #1,067,436
  • May 18, 2016 1:06pm May 18, 2016 1:06pm
Nice drop, on the way to test 1220
  • #1,067,437
  • May 18, 2016 1:06pm May 18, 2016 1:06pm
King $ strikes again
TE started 6/4/19
  • #1,067,438
  • May 18, 2016 1:10pm May 18, 2016 1:10pm
Quoting Don96
{quote} ​, ill go long again from 1.123x
1.1238 is my level, I don't trust any longs at all now so not going to risk it
  • #1,067,439
  • May 18, 2016 1:12pm May 18, 2016 1:12pm
Quoting Don96
{quote} 1.1238 is my level, I don't trust any longs at all now so not going to risk it
eu is not interesting atm, gu is!
  • #1,067,440
  • May 18, 2016 1:12pm May 18, 2016 1:12pm
Quoting HappyMe
{quote} Thanks....!! I'm already looking for a valid count.... after small changes I'm there....I think....I now solving the moves from 1,1616 to now.... that's more problematic for now... but if there is time.....there is always a solution
Well, I've been looking at this for a long time and I'm starting to believe we've seen a top now and that the side ways movement from March 2015 to August 2015.

From there we have a Wave-A of a larger Wave-B to the December 2015. The Rally from December to May is wave-B of B. Now we're seeing a potential fall that could be an expanded flat and at least 800 pips before we receive a finally rally at the end of the year.
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