EURUSD

Quoting Yohann

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Hi Guys.. I am a new member here Just curious..Isnt it a little too early to be going short right now? Market might climb prior to the Core durable good news before tanking.. Just saying.... I am currently waiting for a decent formation on the H4 at/or around 1.06100 with bearish divergence, plus, the market might put in the 'Bull Trap' hitting a good amount liquidity (Buy Stops) before tanking.... Lemme know your thoughts...

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Quoting Lacunoide

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{quote} This is a very likely scenario... March will be a difficult month.. There is no NFP but a lot of stuff is going on.. On top of that March 15 there is also the debt ceiling in the US. I think what people are missing is this date, March 15th 2017. Thats the day that this debt ceiling holiday that Obama and Boehner put together right before the last election in October of 2015. That holiday expires. The debt ceiling will freeze in at $20 trillion. It will then be law. It will be a hard stop. The Treasury will have roughly $200 billion in cash....

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Quoting Yohann

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{quote} Thank you. I've been trading for a while just had not signed up to become member here. Yeah I see your point. Off late the market has been putting out a decent amount of false signals/breakouts/ traps which is quite understandable given that is what the market does or the 'Big Boys' do in order to acquire liquidity to unload their huge positions. Oh well... EUR/USD is at a very tricky area with a bearish weekly/daily close running into a positive forecast for the Dollar in a few hours. Lets see. Like they say, we get paid to wait ...

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Quoting TudorIoan

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{quote} Sorry, you're absolutely right. But I consider the trading day start at Sidney(Asian, Pacific), and that's almost 13 hours ago and 39 pips

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Quoting mades

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{quote} Honestly, London range should be in its own category but they suck so freaking much in last months that the trading day actually starts with NY open. I remember London sessions being the most volatile ones, trendy, no fear of moving the market, now it's not even an echo of the past. It's absolutely stunning how fast the market nature changes and I don't know who to blame: pussy traders, algos or increased amount of retails. As someone said before, daytrading looks dead and is definitely dead during first 5 London hours unless you have some...

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Quoting TudorIoan

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{quote} You're right again. But I guess it's no one to blame. It's the specific of this business. The market behaviour changes yearly. Nothing lasts forever. And you should be prepared to deal with that all the time because you'll never see it coming ....we know the past, the charts, history, but absolutely nobody can see the future.

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Quoting jaisis21

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{quote} i like this one, "Absolutely nobody can see the future."

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Quoting TudorIoan

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{quote} You're right again. But I guess it's no one to blame. It's the specific of this business. The market behaviour changes yearly. Nothing lasts forever. And you should be prepared to deal with that all the time because you'll never see it coming ....we know the past, the charts, history, but absolutely nobody can see the future.

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Quoting TudorIoan

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{quote} You're right again. But I guess it's no one to blame. It's the specific of this business. The market behaviour changes yearly. Nothing lasts forever. And you should be prepared to deal with that all the time because you'll never see it coming ....we know the past, the charts, history, but absolutely nobody can see the future.

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Quoting Ata-Turkoglu

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{quote} No dude, actually the writers of "The Simpsons" definitely can predict the future {image}

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Quoting Ata-Turkoglu

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{quote} No dude, actually the writers of "The Simpsons" definitely can predict the future {image}

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Quoting mades

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{quote} that episode is from 2015.

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Quoting Don96

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{quote} you coming over to the dark side funny today, EURO only thing making much/any advancement on the dollar... after the big sell off on Friday during US... i suspect this is only cheaper seat tickets for lower....
. AU down EU up, UJ up EU up, UCHF even gone up a few times and EU has... strange one, it means something

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Quoting Ata-Turkoglu

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{quote} Maybe but if you do quick google search you can see many more examples.. but it was a joke anyway.. Stay Green

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Quoting mades

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{quote} Well the underlying question is how can a 3 trillion/day market change suddenly so much. I doubt it changed so rapidly in the past, it evolved yes but these shifts which we can observe now are nothing less than spectacular. What took 4 to 5 days in the past can happen in 1 day (election day) and what usually was done within 1-2 days (~150 pips) can take more than a week now. But the participants of the market are exactly the same as years before. Or .. are they?

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Quoting Not-KPMG

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{quote} Noone dare joke about Trump and Clintondor...I mean Tudorclin.... i mean Tudor !!!! Remember this Ehh good times.... {image}

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