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  • #1,079,261
  • Nov 3, 2016 3:06am Nov 3, 2016 3:06am
Quoting yanitsa
{quote} 1.1132 is the target ratiowise . Then corection before another leg aiming for 1.1240-60 .....smth like that Untradeable ! Maybe long 1.1080 today for 1.1130 .....just maybe
Hi yanitsa, this is my 2H Chart:
Is Wave iii higher?
No alternation between Wave ii and Wave iv which is a concern.
Cheers, U2
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Wait, or you will be slaughtered!
  • #1,079,262
  • Nov 3, 2016 3:23am Nov 3, 2016 3:23am
Quoting Uturn2
{quote} Hi yanitsa, this is my 2H Chart: Is Wave iii higher? No alternation between Wave ii and Wave iv which is a concern. Cheers, U2 {image}
here
better visible on 4h chart
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  • #1,079,263
  • Nov 3, 2016 3:27am Nov 3, 2016 3:27am
Quoting yanitsa
{quote} See , this the problem with FOMC and market participants . The entire year they are juggluing with words , making the markets believe that a hike is just around the corner ,resulting in relatively strong dollar . So ( corect me if I am wrong ) when they finally hike ,EUR will fly . If they do not ( more likely ) , EUR will fly again . It just needs clarity . Thats why I believe we saw the low for a year or so
Man, every time the E/U heading south this year it was because from the last hike (December 2015) the US eco-macro data isn't bad.
I mean, inflation, jobs, growth, house spending... they're not bad.
That's why they even wanted to hike this September, but hesitated.

Now, they will never say it clear, man! What would you do in their shoes?
...saying something like "tomorrow we will rise for sure" it's not a realistic option ...imagine the huge turmoil on the markets!

Words will never be clear
Member
  • #1,079,264
  • Nov 3, 2016 3:31am Nov 3, 2016 3:31am
Now, they will never say it clear, man! What would you do in their shoes? ...saying something like "tomorrow we will rise for sure" it's not a realistic option ...imagine the huge turmoil on the markets! Words will never be clear [/quote]

Yes , I agree .
But markets assumption will be clear at some point .Which means trend !
I do not really worry where we go , up or down , I trade intraday .
But if EUR was to tank , it would have tanked by now .Well it did not , it shoudl be up then .
LOL
  • #1,079,265
  • Nov 3, 2016 3:32am Nov 3, 2016 3:32am
Today's GBP S/R levels on MT4 templates

Enjoy the Morning & Good Luck

CABLE
EURGBP

CABLE PINK
EURGBP PINK

All other regular pairs's here : http://www.forexfactory.com/showthre...30#post9233130
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,079,266
  • Nov 3, 2016 3:42am Nov 3, 2016 3:42am
In the link is the FOMC statement from yesterday: http://www.federalreserve.gov/newsev.../20161102a.htm
  • #1,079,267
  • Nov 3, 2016 3:49am Nov 3, 2016 3:49am
Quoting yanitsa
Now, they will never say it clear, man! What would you do in their shoes? ...saying something like "tomorrow we will rise for sure" it's not a realistic option ...imagine the huge turmoil on the markets! Words will never be clear
the markets assumption, the trend, it's the sentiment, the way traders perceive the statements.
but words (statements) will never be clear

E/U it's up now indeed because the elections risk, the baboon Trump fear
(that's why the Gold rises in the same period, meaning global rising risk!)
...that man if becomes president can start a hysterical chain reaction in the whole world ...and that's bad
Member
  • #1,079,268
  • Nov 3, 2016 4:31am Nov 3, 2016 4:31am
UK Services PMI green!
GBP long for a while
Member
  • #1,079,269
  • Nov 3, 2016 4:33am Nov 3, 2016 4:33am
The prepared (The majority) people know that Trump is the best option.
  • #1,079,270
  • Nov 3, 2016 4:41am Nov 3, 2016 4:41am
Quoting TudorIoan
UK Services PMI green! GBP long for a while
Are you kidding buddy
 
But you know me - I don't touch the stuff...
 
Big news this morning in 15min :
Euro unemployment 100‰
And British stuff - the cradle of democracy - the government there is trying to shut off democracy. 
 
So trade safe. All
Beware of robber banks (RB), bad advisors.
  • #1,079,271
  • Nov 3, 2016 4:50am Nov 3, 2016 4:50am
Quoting Not-KPMG
{quote} Are you kidding buddy But you know me - I don't touch the stuff... Big news this morning in 15min : Euro unemployment 100 And British stuff - the cradle of democracy - the government there is trying to shut off democracy. So trade safe. All
You're right buddy, I've seen green in the Calendar for the pound and I switched automatic to bullish mode,
no brains there, although it looks like G/U really rising for very short term lolol
Yea, the cradle of democracy there it's kind of out_of_order now

Quoting whateveridon
The prepared (The majority) people know that Trump is the best option.
You are trading from Mexico. Are you a real mexican and think "Trump is the best option"? ...kiddin', right?
Member
  • #1,079,272
  • Nov 3, 2016 5:09am Nov 3, 2016 5:09am
EUR/USD is trading lower today. It appears that the US dollar is losing ground, at least until tomorrow's NFP and Jobs report data. Current market price 1.1088 down from 1.1125.
  • #1,079,273
  • Edited 5:47am Nov 3, 2016 5:13am | Edited 5:47am
Quoting Not-KPMG
{quote} Are you kidding buddy
As I said (the Calendar said) G/U went long for a while

...it's simple: The Court ruled out and the government cannot trigger Article 50 of the Lisbon Treaty on its own!
Traders percieve it as a slowing for the real/total/final Brexit process ...and that's good for the pound
Member
  • #1,079,274
  • Nov 3, 2016 5:57am Nov 3, 2016 5:57am
Pound should be heading for pre-brexit levels .
Fantastic !
  • #1,079,275
  • Nov 3, 2016 6:05am Nov 3, 2016 6:05am
Quoting TudorIoan
{quote} As I said (the Calendar said) G/U went long for a while ...it's simple: The Court ruled out and the government cannot trigger Article 50 of the Lisbon Treaty on its own! Traders percieve it as a slowing for the real/total/final Brexit process ...and that's good for the pound
I think most people are trying to figure a way out of this situation, by staying in the EU while not sounding so bad to do the exact opposit of what was voted in the referendum. To slow the process and create a couple of obstacles may be a good way to do it.
  • #1,079,276
  • Nov 3, 2016 6:14am Nov 3, 2016 6:14am
7:07 = 1.10 73 . . . . Breaking the horizontal line at 1.10 81 isn't healthy for E. crew...

I believe we have seen the top at 1.11 25 However it is touching the 50 EMA on the Hourly and RSI is at 28 [7]

BP is on its highs at 1.24 50 and I just sold it . 24.80 would be better , of course...
  • #1,079,277
  • Edited 6:29am Nov 3, 2016 6:14am | Edited 6:29am
Quoting McCoineagan
{quote} I think most people are trying to figure a way out of this situation, by staying in the EU while not sounding so bad to do the exact opposit of what was voted in the referendum. To slow the process and create a couple of obstacles may be a good way to do it.
The Brexit process is slowing not because they wanna stay and save the bad situation, it's not a startegic veiled stalling, they are really crazy!
...PM+Gov. are determined to cut off EU, they will appeal lololol

edit: but I'm really hoping that I'm wrong now and you will be proved right
Member
  • #1,079,278
  • Nov 3, 2016 6:55am Nov 3, 2016 6:55am
"The latest ABC's poll shows that Hillary Clinton regained lead over Donald Trump in the US presidential elections.
Markets positively reacted to that news as the prior survey gave the Republican candidate a 1% lead in the race to the White House."

The FX Bears Choir: Thaaanks, Hilly!
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  • #1,079,279
  • Nov 3, 2016 7:28am Nov 3, 2016 7:28am
Quoting TudorIoan
"The latest ABC's poll shows that Hillary Clinton regained lead over Donald Trump in the US presidential elections. Markets positively reacted to that news as the prior survey gave the Republican candidate a 1% lead in the race to the White House." The FX Bears Choir: Thaaanks, Hilly! {image}
All Hail Hilary
  • #1,079,280
  • Nov 3, 2016 7:35am Nov 3, 2016 7:35am
Quoting jusstin911
{quote} All Hail Hilary
vote Hilly! vote Hilly!

wait for ISM Non-Manufacturing PMI for a change
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