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  • #1,069,321
  • Jun 6, 2016 4:38am Jun 6, 2016 4:38am
Quoting TudorIoan
{quote} I agree. But the market moves on their words even they try to manipulate. So, you follow the lies, you follow the price, you follow the money, ...that's a way (one of them) to make money in trading !
yes I agree but you need to deeply understand what they mean
they say 2-3 rise reasonable and traders sell but there is a hint here.
all of them say they are data dependent.
so when I know there is no hike(fact) so I buy before major data release
and actually there were other kind of news in g7 and .... which supported euro. long story
  • #1,069,322
  • Jun 6, 2016 5:01am Jun 6, 2016 5:01am
Quoting arash66110
{quote} yes I agree but you need to deeply understand what they mean they say 2-3 rise reasonable and traders sell but there is a hint here. all of them say they are data dependent. so when I know there is no hike(fact) so I buy before major data release and actually there were other kind of news in g7 and .... which supported euro. long story
You just have to buy only the major news. The one that everybody can get it easy.
Then the price moves with the crowd. Is not rocket science here.

If you try to make it too subtle, too complicated ...even you're right, the price moves against your righteousness with the crowd!

...and never buy anything before major data release ...I think is wise like that
Member
  • #1,069,323
  • Edited 5:33am Jun 6, 2016 5:17am | Edited 5:33am
Quoting TudorIoan
{quote} You just have to buy only the major news. The one that everybody can get it easy. Then the price moves with the crowd. Is not rocket science here. If you try to make it too subtle, too complicated ...even you're right, the price moves against your righteousness with the crowd! ...and never buy anything before major data release ...I think is wise like that
I disagree .never buy something that everybody can get it easy .90 percent retail traders lose in long term (5years)
market never goes as most people expect.if yellen says June rise on the table then you should sell $
they never make that kind of stupid mistake
this is one of them
US Fed's Evans expecting "a good number" from US jobs data today(before nfp)
when you see something that much easy to trade that will be a great loss.
and the last hawkish speech of yellen is very interesting
exactly the turning point .
  • #1,069,324
  • Jun 6, 2016 5:35am Jun 6, 2016 5:35am
Quoting arash66110
{quote} I disagree .never buy something that everybody can get it easy .90 percent retail traders lose in long term (5years) market never goes as most people expect.if yellen says June rise on the table then you should sell $ they never make that kind of stupid mistake this is one of them US Fed's Evans expecting "a good number" from US jobs data today(before nfp) when you see something that much easy to trade that will be a great loss.
"US Fed's Evans expecting "a good number" from US jobs data today(before nfp) when you see something that much easy to trade that will be a great loss"
That's why I don't trade news

You are right on the long term(months) never trade their predictions. But on relatively short term the big boys gossips have some effect
Overall, trade what you see and avoid big news time.
Member
  • #1,069,325
  • Jun 6, 2016 7:13am Jun 6, 2016 7:13am
Quoting Anubisval
Yellen will speak and we will........
we will wait and discuss Now, where did all chartists go?? That guy with wave ABabc2CbB3a2ckM5zfjfGaWu7O....it was fun read.... :-0 ... .... . Sooo another wave down to about 1.1305 or take off here?
Beware of robber banks (RB), bad advisors.
  • #1,069,326
  • Jun 6, 2016 7:25am Jun 6, 2016 7:25am
Quoting Not-KPMG
{quote} we will wait and discuss Now, where did all chartists go?? That guy with wave ABabc2CbB3a2ckM5zfjfGaWu7O....it was fun read.... :-0 ... .... . Sooo another wave down to about 1.1305 or take off here?
I am a chartist , for 14 years .
And still here .
  • #1,069,327
  • Jun 6, 2016 8:59am Jun 6, 2016 8:59am
forum is silent
  • #1,069,328
  • Jun 6, 2016 9:04am Jun 6, 2016 9:04am
Quoting yanitsa
{quote} I am a chartist , for 14 years . And still here .
Sure. I see you here What i was suggesting is for someone to post a chart.
I can't because only android phone....no Fibo....no trendline . only buncha orders. Is MT5 allowing Fibo or comments?
Beware of robber banks (RB), bad advisors.
  • #1,069,329
  • Jun 6, 2016 9:14am Jun 6, 2016 9:14am
Why isn't it testing 1.1300?
  • #1,069,330
  • Jun 6, 2016 9:17am Jun 6, 2016 9:17am
Quoting rhapsodyist
Why isn't it testing 1.1300?
people probably waiting for what Yellen will say
it rubs the lotion on its skin
  • #1,069,331
  • Jun 6, 2016 9:20am Jun 6, 2016 9:20am
Quoting big-cheez
{quote} people probably waiting for what Yellen will say
exactly. Though something tells me a quick drop is in the cards.
I'll put some shorts now..... Bloody messy miniature movements eh?
Beware of robber banks (RB), bad advisors.
  • #1,069,332
  • Jun 6, 2016 9:28am Jun 6, 2016 9:28am
Quoting Not-KPMG
{quote} exactly. Though something tells me a quick drop is in the cards. I'll put some shorts now..... Bloody messy miniature movements eh?
I also suppose that Ms Yellen will be more hawkish than usually.
BTW, do you know that "yellen" means "deer" or "hart" in some Slavonic languages?
Patience is a key to joy.
  • #1,069,333
  • Jun 6, 2016 9:59am Jun 6, 2016 9:59am
Quoting TeddyBearish
{quote} I also suppose that Ms Yellen will be more hawkish than usually. BTW, do you know that "yellen" means "deer" or "hart" in some Slavonic languages?
Yellen (Jelen) means a deer in Serbian.
  • #1,069,334
  • Jun 6, 2016 10:10am Jun 6, 2016 10:10am
Quoting TeddyBearish
{quote} I also suppose that Ms Yellen will be more hawkish than usually. BTW, do you know that "yellen" means "deer" or "hart" in some Slavonic languages?
What makes you suppose that ?
  • #1,069,335
  • Jun 6, 2016 10:11am Jun 6, 2016 10:11am
Quoting Denden2012
{quote} Yellen (Jelen) means a deer in Serbian.
In Czech, Slovak and Polish as well.
Patience is a key to joy.
  • #1,069,336
  • Jun 6, 2016 10:17am Jun 6, 2016 10:17am
A question for the Forex Pros. I have not traded forex during a big event such as Euro Football championships or World cup of Football(Soccer).
UEFA Euro 2016 Championship starts this coming Friday in France and this event will last a month. So We will many people from all around the world spending money in france (Lots of Euros). Does this Huge event have any impact lets say for a short time of period to keep Euro up???? I would Appreciate if somebody has a decent answer. Thanks
  • #1,069,337
  • Jun 6, 2016 10:17am Jun 6, 2016 10:17am
it is gonna make double top
  • #1,069,338
  • Jun 6, 2016 10:22am Jun 6, 2016 10:22am
Sell Eur/Usd 1.1365 Tp : 1.1255
  • #1,069,339
  • Jun 6, 2016 10:32am Jun 6, 2016 10:32am
resistance seen
  • #1,069,340
  • Jun 6, 2016 10:39am Jun 6, 2016 10:39am
Quoting Salmas
A question for the Forex Pros. I have not traded forex during a big event such as Euro Football championships or World cup of Football(Soccer). UEFA Euro 2016 Championship starts this coming Friday in France and this event will last a month. So We will many people from all around the world spending money in france (Lots of Euros). Does this Huge event have any impact lets say for a short time of period to keep Euro up???? I would Appreciate if somebody has a decent answer. Thanks
The eurozone is a monetary union of 19 of the 28 EU member states. Eurozone population is more than 300 million. EURO 2016 is not big enough to influence eurozone economy significantly. And many of EURO 2016 visitors will be from eurozone member states.
Patience is a key to joy.
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