EURUSD

For to long, far beyond it's means, America has lived .
Far below mean, it's time to live now.
Balance in the force, there must be.

Hmmmn

It's like you often said, "cycle", maybe it hasn't end

Murica FK Yeah

The great part is for us to trade

Nice rejection around the 7 cent line.
I'm done, have a nice weekend all of you!

maybe

Are you's expecting the eurusd to short or long?... conflicting views on here?... new to trading... thanks

januari 2001 to january 2009 , from 0.9xxx to 1.39xx looks like dollar down .
Then Obama , Democrat took over !

yep... that's it

So what you're saying is that we see a stronger euro from now?

I said that historicaly Republican President means weaker dollar .

doesn't matter... it will take a while... I'll be there for sure

Food For Thought from Kathy Lien

http://www.bkassetmanagement.com/mar...uration_10393/

Snippet:

With less than 24 hours to go before Donald Trump becomes the President of the United States, investors are dumping dollars ahead of the inauguration as they worry about the new President’s trade and currency policies. In the past week we’ve heard from a senior Trump advisor, the big man himself and today, the Treasury Secretary nominee Steve Mnuchin. All of them seem to agree that the strong dollar is a problem but Mnuchin tried to downplay Trump’s comment by saying they were not meant to be long term as the long term strength of the dollar is important. However his view that currency manipulation is an important issue and Trump’s recent direct attack on China’s weak currency raises concerns that he’ll take a very different stance from his predecessors on hot button issues. Some of our readers may have forgotten that back in October, before the election, Trump promised to direct his Treasury Secretary to “label China a currency manipulator” on the “first day of his term in office.” If he follows through with this campaign promise, USD/JPY will drop like a hard rock as China could retaliate by selling U.S. Treasuries. Mnuchin also said he’s open to more sanctions that could spark a trade war. So even though the U.S. dollar traded sharply higher on the back of stronger data (housing starts, jobless claims and the Philadelphia Fed index), the rally fizzled to almost nothing by the end of the NY session as nervous investors unwound their positions. Politics will overshadow economics tomorrow with the President elect’s policies in center focus. According to Trump’s spokesman there will be four or five executive actions taken on Day One. If he focuses on fiscal stimulus, the dollar will rise, if he talks trade restrictions and penalties, we could see another rollercoaster ride with steep drops for the greenback.

Euro had initially traded lower following the European Central Bank’s monetary policy announcement but ended the day in positive territory thanks to the reversal in the greenback. As expected the ECB left monetary policy unchanged and Mario Draghi made no mention that they were considering tapering. While he admitted that inflation increased lately and favorable conditions were preserved, he also said the council needs to look through the rise in inflation because there is no convincing upward trend in underlying inflation. Although the central bank expects the economic expansion to firm further, they also felt that QE could be expanded if the outlook worsens and they could as the “risks to the economic outlook remain on the downside.” If not for the greenback’s retreat, the euro should be trading much lower. However after multiple intraday tests of 1.0600, it is clear that the bulls do not want give up control.

Have a great weekend everyone.


Benjaminis

Oh ship/// me waiting like

So your saying go long on the eurusd?... thought we was waiting for the 1.07200 area of value for the short? ... i guess it could be either way :L

lol last minute pop. troll traders

Gap Up on Sunday night...

my crystal ball

OK, my last post on this thread until the old gang comes back, if they ever do. Goldfinch,Gator, Maxdoom, Ken A, illbeback,Misspips,edyraper,pharmor - did not include justandy and PTL since they appear here time to time -and the rest of the senior traders I met over the years. EURUSD thread of FF is the hottest thread under the online fx society and atm it is sad - very sad - that it is polluted in a way that discourages traders like myself.

It is to me unbelievable that none of the traders here talk about the weekly close. I really can't believe it. Mark this number 1.0699, that's all I can tell you as my last contribution here. Major levels have changed and 1.0721 is not as important as it was a week ago, neither 1.0438. The whole scale has changed and yet no one here is talking about it . Instead traders tell us fairy tales of how they made pips even in the most inconvenient trading paths.

I honestly don't know where to begin. And how to explain it. I really tried, and have no hard feelings but I feel like it's a waste of time.

I apologize everyone who I might have hurt, all I wanted to do was to offer sth useful for everyone.

Good luck.

Ok, no hard feelings but why are you sounded so upset?
The prominent members of the old gang you mentioned flock on other thread if you really want to be with them, why didn't you join them?
Ok, your last contribution, 1.0669, is marked, but what about it?
If we made a fairy tale of how we made pips in the most inconvenient trading paths as you said, then tell us how to trade the convenient trading path.
Ok, no hard feelings here either.
Good luck to you too

Why do people get so upset with other people. Everyone has their own opinion and share their ideas. I know everyone here is excited to contribute to FF. Even when the prediction is not correct, there is no need to be angry. We all go on forum to help dominate FF together. Some people may see something others can't. As long as we are united and leave our personal problem out of it then I believe we can all win. The minute an argue breaks out, we become bunch of gossipers. Lets keep it professional. I am not the best trader nor make 100% correct prediction but I am here to win and want everyone else to win.

So hopefully next week we can all continue to post and share and focus on trading rather than chit chat.