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  • #1,069,041
  • Jun 2, 2016 8:45am Jun 2, 2016 8:45am
Quoting Anubisval
{quote} Sure .. just disappointment .. thats all .. big guys gameplay...
Don' t you ever try to make money on Draghi, pal! Nobody knows what birds will fly out of he's mouth!
He may only give hints on long term direction juggling with QE and inflation balance ...and that's something to trade
Member
  • #1,069,042
  • Jun 2, 2016 8:48am Jun 2, 2016 8:48am
Quoting micho
on the daily/4H eu looks going into a weak retrace before resuming the way to 1.08 on the smaller time frames, it looks bullish but retracement very likely to to mid 1.11 for possible resume of ascent
eu to revisit below 1.10 and below. probably 1.08x
When life gives you lemons, make lemonade
  • #1,069,043
  • Jun 2, 2016 8:55am Jun 2, 2016 8:55am
Quoting TudorIoan
{quote} Don' t you ever try to make money on Draghi, pal! Nobody knows what birds will fly out of he's mouth! He may only give hints on long term direction juggling with QE and inflation balance ...and that's something to trade

I know but i made befor.. and it was not luck.. . i just anticipate close what they want from pa ( export for America or investement for Europa ) is a gamplay betwin them.


i'm out !! Happy trade all !!
  • #1,069,044
  • Jun 2, 2016 9:03am Jun 2, 2016 9:03am
Quoting mrhb30jr
{quote} here the broker http://www.liteforex.com/
Thank you.. Seems the demo account doesn't provide the USD index..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,069,045
  • Jun 2, 2016 9:03am Jun 2, 2016 9:03am
Quoting micho
{quote} eu to revisit below 1.10 and below. probably 1.08x
20 Pips a day keeps centerlink away
  • #1,069,046
  • Jun 2, 2016 9:09am Jun 2, 2016 9:09am
Quoting TeddyBearish
{quote} Strong USD is not a problem of the United States. USD is the main US export article. US economy is not a typical economy.
ADP non-farm employment change, which is seen by some as a good preview for tomorrows key NFP release.
173k came in ever so slightly below expectations of 174k, when considered against last months 156k - which today was revised higher to 166k - the picture becomes overall more positive.
If we look over the past five years it becomes quite clear that the ADP and NFP share a relatively good level of correlation and the uptick in todays number may lead some to raise their expectations for tomorrow. There has been a noticeable turn lower in both employment indicators over recent month but readings in the 150-200k range still represent a relatively good level of job growth.

After Draghi, EUR/USD heading lower again retesting support levels in the wake of the ECB press conference which adopted a "wait and see" tone, which is something many would have anticipated. The USD is back on the front foot as a result, likely as a result of the lack of agreement at OPEC, which is another development many were expecting.

E/U bearish on fundies !
Member
  • #1,069,047
  • Jun 2, 2016 9:28am Jun 2, 2016 9:28am
might try a long around 1.1125, closes above 1.117x mmay be bullish short term also
  • #1,069,048
  • Edited 10:04am Jun 2, 2016 9:33am | Edited 10:04am
Quote
I expected market reach 1.1218 but still didn't. I wait for correction wave... not too big. I would be nice if the wave is flat or almost flat. I am getting ready for next long. Looking for good place but also looking at candles.

Market reached perfectly projected level 1.1218. I expected flat corrective wave. There is a deep one. I still believe it is bullish market. Neck line looks very good support level. I am going to take a long position if market come back to the neck line.

long 1.1115, stop below neck line.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 4H.jpg Size: 115 KB
  • #1,069,049
  • Jun 2, 2016 9:42am Jun 2, 2016 9:42am
The moment you forget about everything you know about Forex market and stick to the basic like timing, entry, exit, and money management, then you will be at the level that I called stress free trading.
  • #1,069,050
  • Jun 2, 2016 10:16am Jun 2, 2016 10:16am
Trying long 1.11543. TP: 1.117
  • #1,069,051
  • Jun 2, 2016 10:19am Jun 2, 2016 10:19am
Quoting macsoj
The moment you forget about everything you know about Forex market and stick to the basic like timing, entry, exit, and money management, then you will be at the level that I called stress free trading.
wise words
to throw in my 2 cents, I'm buying a bit of E, not sure where to TP but will take some
Beware of robber banks (RB), bad advisors.
  • #1,069,052
  • Jun 2, 2016 10:21am Jun 2, 2016 10:21am
I am still a bull.. With bullish sentiment..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,069,053
  • Jun 2, 2016 10:22am Jun 2, 2016 10:22am
Quoting Not-KPMG
{quote} wise words to throw in my 2 cents, I'm buying a bit of E, not sure where to TP but will take some
Taking Some from the market is better than none, most of my trades has TP less than 20
  • #1,069,054
  • Edited 12:32pm Jun 2, 2016 10:25am | Edited 12:32pm
Quoting macsoj
{quote} Taking Some from the market is better than none, most of my trades has TP less than 20
very true. I had bloody big losses when tried to be smart
Nice trades you got !! G/U longs are risky and hurt you a little I see... Good Luck
Now....target 1.12 again
Beware of robber banks (RB), bad advisors.
  • #1,069,055
  • Jun 2, 2016 10:29am Jun 2, 2016 10:29am
Quoting micho
{quote} eu to revisit below 1.10 and below. probably 1.08x
first fibo target reached but i think we will go lower to 1.1100 next. so will set stop to break even at 1.1186
When life gives you lemons, make lemonade
  • #1,069,056
  • Jun 2, 2016 10:29am Jun 2, 2016 10:29am
Quoting JacekFX
{quote} Market reached perfectly projected level 1.1218. I expected flat corrective wave. There is a deep one. I still believe it is bullish market. Neck line looks very good support level. I am going to take a long position if market come back to the neck line. long 1.1115, stop below neck line. {image}
there is your touch
  • #1,069,057
  • Jun 2, 2016 10:31am Jun 2, 2016 10:31am
...that is what I love...

Look how perfect is the market!!!

Confirmation neck line...
Attached Image (click to enlarge)
Click to Enlarge Name: EU 4H.jpg Size: 120 KB
  • #1,069,058
  • Jun 2, 2016 10:41am Jun 2, 2016 10:41am
Damn, this thing isn't moving at all. Out +2 pips.
  • #1,069,059
  • Jun 2, 2016 10:58am Jun 2, 2016 10:58am
Quoting JacekFX
...that is what I love... Look how perfect is the market!!! Confirmation neck line... {image}
don't count your money just yet... also you had the line drawn, why is your entry so far away
  • #1,069,060
  • Jun 2, 2016 11:14am Jun 2, 2016 11:14am
Monthly: very bearish
Weekly: Bullish
Daily: Slightly Bullish
Hourly: Slightly Bullish
I still need a trading break soon!!! "Loose some to win more" --Baher A.
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