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  • #1,073,301
  • Aug 4, 2016 6:25pm Aug 4, 2016 6:25pm
Quoting DonFF
<p>{quote}</ Is this your basket? I say one good tradei better than mixed basket.....gbpjpy is still heading to 130 and below
only god knows hat will happen next😂😂
  • #1,073,302
  • Edited 8:46pm Aug 4, 2016 6:32pm | Edited 8:46pm
Quoting Allchart
I think the EUR USD will be DOWN to the yellow line, approximately {image}
That might be right but any retracement will not go back to resistance 1.1235...notice the candle pattern. It turned at resistance and will head back down further next week...high probability! Another high probability is also that it will not see that resistance again for the rest of August. The move up may come in last week of Aug heading into Sept but it will likely run between 1.08-1.09 before then.
  • #1,073,303
  • Aug 4, 2016 7:16pm Aug 4, 2016 7:16pm
Quoting DonFF
{quote} That might be right but any retracement will not go back to support...notice the candle pattern. It turned at resistance and will head back down further next week...high probability! Another high probability is also that it will not see that resistance again for the rest of August. The move up may come in last week of Aug heading into Sept but it will likely run between 1.08-1.09 before then.
On Sunday , it is likely to come to the yellow line, Monday in Europe, i think
  • #1,073,304
  • Edited 10:54pm Aug 4, 2016 9:00pm | Edited 10:54pm
Quoting Allchart
{quote} On Sunday , it is likely to come to the yellow line, Monday in Europe, i think
Hardly likely ...Only NFP could take it there after that it will be a light week of info for EUR until GDP on Fri. So downside is highly probable.

Next week is a big week for NZD rate change etc. It is likely to test the 0.73 resistance if it gets that far before heading lower with rate set to be cut.

May go below 0.70. For sure AUDNZD is likely to push towards 1.0850 resistance by end of next week.
  • #1,073,305
  • Aug 4, 2016 9:19pm Aug 4, 2016 9:19pm
The pair is still ranging within negative territory. I'm expecting lots volatility today but I don't think we will see below the 1.1000 level in the short term.
  • #1,073,306
  • Aug 4, 2016 9:29pm Aug 4, 2016 9:29pm
Quoting csc2009
The pair is still ranging within negative territory. I'm expecting lots volatility today but I don't think we will see below the 1.1000 level in the short term.
Just last week it was below 1.10 It moved up quickly rather unsustainably to 1.12 so I agree it must range downward in the channel before moving up in Sept. EURUSD is generally a ranger pair it typically takes 3mths to reach 500 pip target GBP pairs are way better trenders always a good idea to half your lot size on those pair notice how GBPJPY moved over 600 pips since last week and has lots more leg for the rest of Aug.
  • #1,073,307
  • Aug 5, 2016 2:17am Aug 5, 2016 2:17am
The EUR/USD appears to be consolidating ahead of the NFP and unemployment data scheduled for later today.
  • #1,073,308
  • Aug 5, 2016 2:46am Aug 5, 2016 2:46am
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,073,309
  • Aug 5, 2016 4:28am Aug 5, 2016 4:28am
So I was doing my research today and well of course saw the 180k stated figure for the NFP which, if it does turn out to be the case, will increase the value of the dollar. This being said therefore should entail that going long on the EUR/USD for...say...the next few hours is stupid, not so? However after having had a quick glance at the technical indicators on Investing.com they all seem to showing "Buy" or "Strong Buy". How is this going to be a profitable investment? Surely going short on the EUR/USD is a lot more smarter if you intend on closing your trade, say, before the weekend. I am somewhat of a newbie and your help explaining this would be greatly appreciated!
  • #1,073,310
  • Aug 5, 2016 4:44am Aug 5, 2016 4:44am
Quoting xaviergoby
So I was doing my research today and well of course saw the 180k stated figure for the NFP which, if it does turn out to be the case, will increase the value of the dollar. This being said therefore should entail that going long on the EUR/USD for...say...the next few hours is stupid, not so? However after having had a quick glance at the technical indicators on Investing.com they all seem to showing "Buy" or "Strong Buy". How is this going to be a profitable investment? Surely going short on the EUR/USD is a lot more smarter if you intend on closing...
Simple short time bear long term bull!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,073,311
  • Aug 5, 2016 5:04am Aug 5, 2016 5:04am
Quoting baherhosni
{quote} Simple short time bear long term bull!
maybe... but not my view...

Long term is definitely a fat bear in my opinion....

For the NFP-moment...well that is a coin toss I believe....as usual but in the end I expect it is ending lower then now....I'm just waiting here
You can manage risk, but you can't manage the return
  • #1,073,312
  • Aug 5, 2016 5:25am Aug 5, 2016 5:25am
Quoting Allchart
{image}{image}{image}
With what broker are u trading? I like its spread... 👍
(It's not an advise, use your own head..)
  • #1,073,313
  • Aug 5, 2016 5:26am Aug 5, 2016 5:26am
Quoting baherhosni
{quote} Simple short time bear long term bull!
Agree...🤓
(It's not an advise, use your own head..)
  • #1,073,314
  • Aug 5, 2016 6:13am Aug 5, 2016 6:13am
Quoting pytaz
{quote} With what broker are u trading? I like its spread... 👍

The chart says FXCM
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,073,315
  • Aug 5, 2016 6:18am Aug 5, 2016 6:18am
Quoting baherhosni
{quote} The chart says FXCM
Thanks, didn't realise that's it broker's name👍
(It's not an advise, use your own head..)
  • #1,073,316
  • Aug 5, 2016 6:23am Aug 5, 2016 6:23am
Quoting HappyMe
{quote} maybe... but not my view... Long term is definitely a fat bear in my opinion.... For the NFP-moment...well that is a coin toss I believe....as usual but in the end I expect it is ending lower then now....I'm just waiting here
hi all.
Fat or skinny bear depends on timeframe.. Me: in few weeks bull. In few months....maybe bull. Year time bear. 3 years - bull.....
See what i mean? And the guy above was asking whether to buy or sell. good luck. Any expectations for NFP?? Bull here
Beware of robber banks (RB), bad advisors.
  • #1,073,317
  • Aug 5, 2016 6:37am Aug 5, 2016 6:37am
Quoting Not-KPMG
{quote} hi all. Fat or skinny bear depends on timeframe.. Me: in few weeks bull. In few months....maybe bull. Year time bear. 3 years - bull..... See what i mean? And the guy above was asking whether to buy or sell. good luck. Any expectations for NFP?? Bull here
Well yes, I know what you mean......correct bull or bear on what time-frame... are we talking?

Then: Let me say this....as you looked to my charts.... I think the 1.1233 could be the high for a longlong time.....
And ofcourse.... maybe I'm completely wrong, but that's also why it is my view . I only write down my view but I definitely do not give advise for a buy or sell...I never will!! Everybody has to do that by him/herself

For NFP.... coin toss as always.....but at the end it looks bearish for me and I think we stay belong the 1.1233.
Could be as high as the 1.1171 maybe the 1.1214 (but that would be a strong corrections of 84%...it can occur but not that often...) 1.1171 area is more likely in my opinion. The current high (1.1160) is a little low for a correction but we just saw an abc an so this could be the high also... I think we saw an abc now seen from the low...but it also can be a double... well this is a correction a wave ii and they are unpredictable.... that's why it is uncertain....time will tell...

Good Luck everybody!
You can manage risk, but you can't manage the return
  • #1,073,318
  • Aug 5, 2016 6:38am Aug 5, 2016 6:38am
Still nervous, however I believe that we are still bearish
And the little bullish retracement should end soon between 1.1158 and 1.1865 (correlates with fibo)
Also incase you sold before (or in fact at the very top of the 4h move) than I wouldn't recommend having stops lower 1.11965
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  • #1,073,319
  • Aug 5, 2016 6:43am Aug 5, 2016 6:43am
Quoting Not-KPMG
{quote} Any expectations for NFP?? Bull here
In my opinion first of all we should see bear, setting up new low for today available levels are: 1.1097, 1.1080, 1.1063, after that hopefully bulls, to set new high of today 🤓
And of course, it's only my personal opinion 👍
(It's not an advise, use your own head..)
  • #1,073,320
  • Aug 5, 2016 6:51am Aug 5, 2016 6:51am
ladies and gentlemen place your bets
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