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EURUSD

  • #1,068,601
  • May 27, 2016 7:53am May 27, 2016 7:53am
I don't understand the movement. Data is not positive enough to push dollar higher ??
Even BOC rate decision created more noise than this.
  • #1,068,602
  • May 27, 2016 7:54am May 27, 2016 7:54am
Quoting sunny1304
I don't understand the movement. Data is not positive enough to push dollar higher ?? Even BOC rate decision created more noise than this.
I think the people realized that the Euro Zone is a dead cat.
it rubs the lotion on its skin
  • #1,068,603
  • May 27, 2016 7:56am May 27, 2016 7:56am
Quoting TudorIoan
{quote} Yes EU undisturbed post USGDP ...weak impact data for the moment ...big expectaions later, enter scary lady!
I am watching USDCNH and USDRUB simultaneously. PBoC has retreated after a short fight, the Russians are still fighting.
Patience is a key to joy.
  • #1,068,604
  • May 27, 2016 7:58am May 27, 2016 7:58am
Quoting malchi
i will be little bit sad if it make 30 pips from second peak. For me it was small angle. {image}
i am sad right now !!!
"I'm not answering stupid questions."
  • #1,068,605
  • May 27, 2016 7:58am May 27, 2016 7:58am
Quoting big-cheez
{quote} I think the people realized that the Euro Zone is a dead cat.
Patience is a key to joy.
  • #1,068,606
  • May 27, 2016 8:01am May 27, 2016 8:01am
Quoting TeddyBearish
{quote} I am watching USDCNH and USDRUB simultaneously. PBoC has retreated after a short fight, the Russians are still fighting.
Yep.
Big actors, big show.
Let me spell it for the smart guys here: toooo muuuch volatilty, better stay out, ...hold your hysterical desire to entry
Member
  • #1,068,607
  • May 27, 2016 8:06am May 27, 2016 8:06am
Quoting TeddyBearish
{quote} I am watching USDCNH and USDRUB simultaneously. PBoC has retreated after a short fight, the Russians are still fighting.
Got another short waiting today 1.1168, TP 1.1149 ...@Weekly S1
Member
  • #1,068,608
  • May 27, 2016 8:10am May 27, 2016 8:10am
Quoting big-cheez
{quote} I think the people realized that the Euro Zone is a dead cat.
could be in 10yrs but in forex its irrelevant unless you are going to hold for years.
Which country is not "dead Cat"
Our so called recovery is not really a recovery when wages have not increased for decades and 5% unemployment is a joke.Real number is close to 18% taking account folks who are no longer in job market (slack in labor force Feds preferred terminology) and part timers who like to work more but can't.
Anyway my post is about trading.Trade what you see.
regards
In trading, you have to be defensive and aggressive at the same time
  • #1,068,609
  • May 27, 2016 8:11am May 27, 2016 8:11am
Quoting TudorIoan
{quote} Got another short waiting today 1.1168, TP 1.1149 ...@Weekly S1
I have just closed the last one. I have got enough for today. My sense of responsibility has beaten my greed this time. I have to do some house cleaning before I will go to take my son from my ex to spend this weeekend with him.
Patience is a key to joy.
  • #1,068,610
  • May 27, 2016 8:14am May 27, 2016 8:14am
Quoting TeddyBearish
{quote} I have just closed the last one. I have got enough for today. My sense of responsibility has beaten my greed this time. I have to do some house cleaning before I will go to take my son from my ex to spend this weeekend with him.
Nice. Have a great w-end!
Member
  • #1,068,611
  • May 27, 2016 8:16am May 27, 2016 8:16am
Quoting Davit
{quote} could be in 10yrs but in forex its irrelevant unless you are going to hold for years. Which country is not "dead Cat" Our so called recovery is not really a recovery when wages have not increased for decades and 5% unemployment is a joke.Real number is close to 18% taking account folks who are no longer in job market (slack in labor force Feds preferred terminology) and part timers who like to work more but can't. Anyway my post is about trading.Trade what you see. regards
Yes, I fully agree, all the statistics is a dirty trick but market plays the game so we also have to.
Patience is a key to joy.
  • #1,068,612
  • May 27, 2016 8:18am May 27, 2016 8:18am
Quoting TudorIoan
{quote} Nice. Have a great w-end!
Thanks. Great weekend to you too and good luck with your shorts.
Patience is a key to joy.
  • #1,068,613
  • May 27, 2016 8:18am May 27, 2016 8:18am
Quoting TeddyBearish
{quote} Yes, I fully agree, all the statistics is a dirty trick but market plays the game so we also have to.
people should have also brain to "see" ...but I agree, sometimes is that simple so even a chipmunk can trade with one eye
Quoting TeddyBearish
{quote} Thanks. Great weekend to you too and good luck with your shorts.
Thnx, buddy! ...TP just smitten
Member
  • #1,068,614
  • May 27, 2016 8:20am May 27, 2016 8:20am
Quoting TeddyBearish
{quote} Yes, I fully agree, all the statistics is a dirty trick but market plays the game so we also have to.
Area to watch serious thrust up is 1065
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #1,068,615
  • May 27, 2016 8:24am May 27, 2016 8:24am
tried long scalping at 1.115
  • #1,068,616
  • May 27, 2016 8:29am May 27, 2016 8:29am
Quoting Hairi
tried long scalping at 1.115
crazy. but if its scalp, mb its gonna work.
  • #1,068,617
  • May 27, 2016 8:38am May 27, 2016 8:38am
Quoting Raa
{quote} crazy. but if its scalp, mb its gonna work.
Hope it's gonna work. Tp 1.116
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 273 KB
  • #1,068,618
  • May 27, 2016 8:43am May 27, 2016 8:43am
Quoting hairi
{quote} hope it's gonna work. Tp 1.116 {image}
wait till 1.1110 at least.
  • #1,068,619
  • May 27, 2016 8:43am May 27, 2016 8:43am
or maybe not! Haha..
  • #1,068,620
  • Edited 9:36am May 27, 2016 9:21am | Edited 9:36am
So, here's a question for you all but let me give you a bit of background first:

I am currently +180 pips (over two trading platforms) on the EURUSD with a TP set at 1005 (SL at 1250) - great news.
My sister is a retired Professor of English from the University of Messina so her pension is paid in Euros and converted over here - more great news that the $ stays high.
Both my gut and my head tell me to vote Leave come June 23rd and get the f*ck out of the EU and, if we are successful there, the Euro should drop like a stone, maybe down to the 1.05 we saw back last April.
But . . . I want to retire sometime over the next two years, sell in the UK and buy a place out in Portugal (we used to have a townhouse in Vale do Lobo but lost it in the 2008 downturn!) In order to get the best value, I want the to plummet, push up the Euro and give me 20% extra on my capital.
So, question is, if we vote Leave in the UK, how long do you think the will take to recover?
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