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  • #1,095,521
  • Mar 9, 2017 8:34pm Mar 9, 2017 8:34pm
Quoting OhComeOn
Been watching these threads for a couple of months now, while I am just a novice trader and don't claim to be anything more, I can't help but notice some posts. It makes me laugh when I see, "it is going up, but if doesn't, it will be going down." And then provide analysis for both directions and claim you called it correctly in a later post. Why not just post that you have no idea, and stop trying to over analyze?
It depends on the technical standpoint. Not all of such comments are nonsense. Because what you described as "it can go up but it can also go down" reflects a "50/50" situation in the frame of Statistics.. In statistics you can't say "I don't know" if you know that the chances are 50/50. Somebody who doesn't even know there is a chance of 50/50 compared to someone who knows there is at least a chance of 50/50 are totally different in their opinions. So it is not the same.

What you should do is to ask how the commenter of the post is backing up his theory. If he just talks blah blah yeah we can laugh all together and have fun. But if he has some technical explanation for his comment all you can do is agree or disagree. Nobody knows the future but some are better than other's in predicting. We all are still learning and improving. The ultimate goal is to make money, nothing more.

Welcome to the trading world.

Stay Green
Focus only on what truly matters!
  • #1,095,522
  • Mar 9, 2017 8:43pm Mar 9, 2017 8:43pm
Quoting Ata-Turkoglu
{quote} It depends on the technical standpoint. Not all of such comments are nonsense. Because what you described as "it can go up but it can also go down" reflects a "50/50" situation in the frame of Statistics.. In statistics you can't say "I don't know" if you know that the chances are 50/50. Somebody who doesn't even know there is a chance of 50/50 compared to someone who knows there is at least a chance of 50/50 are totally different in their opinions. So it is not the same. What you should do is to ask how the commenter of the post is backing...
IMO "it can go up but it can also go down" doesn't really help anyone trading decipher or learn from here. There are support and resistances so at least a call for any significant support or resistance will help dramatically, still IMO.

Anyway the motive is to make money.

0620 0644 0664 bulls still persist looks like she found a bottom for now
  • #1,095,523
  • Mar 9, 2017 8:48pm Mar 9, 2017 8:48pm
Quoting SnaveForex
{quote} IMO "it can go up but it can also go down" doesn't really help anyone trading decipher or learn from here. There are support and resistances so at least a call for any significant support or resistance will help dramatically, still IMO. Anyway the motive is to make money. 0620 0644 0664 bulls still persist looks like she found a bottom for now
I agree. Sometimes it doesn't help. Or does it? 50/50 is some sort of gray area to me too, but sometimes we can't help it. It is the nature of 50/50.

I also agree that these comments might not help others to learn.. but hey? I didn't know that Forexfactory is a school? If someone wants to learn there are schools for that. IMO babypips.com is much better for learners, maybe there are also other websites. On the EURUSD thread I never signed up with the primary expectation to learn something. If I do it is a bonus but it is not a requirement.

Stay Green
Focus only on what truly matters!
  • #1,095,524
  • Mar 9, 2017 9:06pm Mar 9, 2017 9:06pm
Quoting OhComeOn
Been watching these threads for a couple of months now, while I am just a novice trader and don't claim to be anything more, I can't help but notice some posts. It makes me laugh when I see, "it is going up, but if doesn't, it will be going down." And then provide analysis for both directions and claim you called it correctly in a later post. Why not just post that you have no idea, and stop trying to over analyze?

Some traders do however give great explanations as to how specific fundamental events will impact the currencies. Sure, in doing so they are giving both the bull and bear scenarios, but the explanation of how these events actually changes the value of a currency, aids other traders make better decisions about what they believe is most likely to happen.

With that said, some people do exactly what you are saying and it is very annoying. Best to just ignore them I think. I'm new here, but I always post my directional bias and even attach my trade explorer so I'm not one of those!!
  • #1,095,525
  • Mar 9, 2017 10:08pm Mar 9, 2017 10:08pm
So 50/50 chance it will either go up or down. We can use this to our advantage because it WILL go up AND it will go down(so trade in between). Now just some food for thought I left my trade open up overnight and woke up around 7am EST to see the Bulls take it 50-70 pips higher. Now this was before anyou news so my thoughts are which I am slightly afraid to post this incase they change their strategy. I think the rich people obviously had the news ahead of time and invested accordingly. Another feeling I get it that this bullish trend is super artificial because there is this thing going on with the use where it's rallying UP so I know 60 pips aren't a lot but I'd have to think this increase had no basis unless the Euro is far undervalued from the long decline it's had over the year or this is just a small correction although it seems to engulf a lot of previous bars or like my gut is telling me is this is all a ruse and the euro will continue to fall accordingly no matter how hard the market makers give the Bulls hope or an illusion of an uptrend. Not only is the u.s. bullish as of late call it the trump bubble. Talks of France leaving the euro sooner than later would be catastrophic for Europe. Germany can't sustain it by themselves. I'm no expert on Europe however. Migrants can't grow the gap any time soon maybe 10 20 years. Anyone have more information?
  • #1,095,526
  • Mar 9, 2017 10:40pm Mar 9, 2017 10:40pm
2hours past, FFP trader did not change analysis except differently colored lines....

another FFP trader is coming in couple hours...
  • #1,095,527
  • Mar 9, 2017 10:56pm Mar 9, 2017 10:56pm
Asia session had nothing to offer and very low volatility.. In the meantime I updated my hourly chart for upcoming Frankfurt and London sessions..

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #1,095,528
  • Mar 9, 2017 11:11pm Mar 9, 2017 11:11pm
Quoting Don96
{quote} not so crazy eh... 1.2974 for 500/1000/1700 shorting hedge levels posted in 'one level' thread... so Killerwhale where you at?
shit that is sick
  • #1,095,529
  • Mar 9, 2017 11:26pm Mar 9, 2017 11:26pm
EUR is untradeable to me .
Dollar/yen has 50 pips to go higher .
Find yourselves a dip and trade it , will you .......
And to that guy complaining against posts stating ''either up or down '' .....Man , this is forex market !
If I told You , that it is going up for sure - then I am an arogant fool , and if You trade my call then we have two simpletons !
Do not forget that one of the purpouses of these forums is to share ideas , and if one is lucky , another might fiind flows in his analisys and persuade im to chew it over .
  • #1,095,530
  • Mar 9, 2017 11:33pm Mar 9, 2017 11:33pm
Just a reminder on some things, and for those in the US, debt ceiling vote is next Wednesday:
March 14 Merkel to Washington
March 15 Interest rate increase
March 15 Debt Ceiling
March 15 Dutch election

Thanks for that !
So these make EUR even worse for trading next week .
I wonder why there is not much noise in the media about the debt ceiling vote .Perhaps because is widely accepted that the ceiling will be lifted again .....and again next time ...and so on
  • #1,095,531
  • Mar 9, 2017 11:58pm Mar 9, 2017 11:58pm
Quoting yanitsa
EUR is untradeable to me . Dollar/yen has 50 pips to go higher . Find yourselves a dip and trade it , will you ....... And to that guy complaining against posts stating ''either up or down '' .....Man , this is forex market ! If I told You , that it is going up for sure - then I am an arrogant fool , and if You trade my call then we have two simpletons ! Do not forget that one of the purposes of these forums is to share ideas , and if one is lucky , another might find flows in his analisys and persuade im to chew it over .
Right. everyone knows that price will go up or down. Where is idea in stating in some shape or form : "price will go up or down"? How many times one can post it using different wording, changing colors...maybe, perhaps possible probably might be . All of it describe uncertainty...add trump EU mess endless ideas
certainly everyone can do it and if everyone post it that would be really forum of "ideas"?

FFP trader post charts that s/he doesn't trade but suggest , recommends to others what to do, trade give opinion etc. Is that right?
If one ask FFP trader if and what s/he/transgender trade or if trade as posted, suggested recommended then one will get answer like: will consider it , perhaps, will see...never posted what s/he actually traded, always said in unspecified form...

Also FFP trader post numerous posts for either case so what ever actually happened FFP trader is right....never lost more than 2.6 pips or lovest BE or 1.2

FFP trader post outlook and trade against his/her own outlook....

post what is traded...good enough
  • #1,095,532
  • Mar 10, 2017 12:18am Mar 10, 2017 12:18am
Quoting Don96
{quote} connors i have some short entries on UJ you might want to check, i know you have your system but i love UJ i trade them into 114.13/113.51 {image} {image}

I have no idea but sakis had a chart I reposted, 115.60 probably next as it seems. So you do use large stops time to time??
  • #1,095,533
  • Mar 10, 2017 12:29am Mar 10, 2017 12:29am
Quoting yanitsa
Just a reminder on some things, and for those in the US, debt ceiling vote is next Wednesday: March 14 Merkel to Washington March 15 Interest rate increase March 15 Debt Ceiling March 15 Dutch election Thanks for that ! So these make EUR even worse for trading next week . I wonder why there is not much noise in the media about the debt ceiling vote .Perhaps because is widely accepted that the ceiling will be lifted again .....and again next time ...and so on
Democrats might even not raise the ceiling out of spite of Donald so we might be in for a ride
  • #1,095,534
  • Mar 10, 2017 12:38am Mar 10, 2017 12:38am
Quoting Connors
{quote} I have no idea but sakis had a chart I reposted, 115.60 probably next as it seems. So you do use large stops time to time??
Got 115.6x and then multiyear 116.20 above. 114.8x is now gone, smoked for this year.

But it can go up or it can go down!
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  • #1,095,535
  • Mar 10, 2017 12:51am Mar 10, 2017 12:51am
Inserted Video
make money together
  • #1,095,536
  • Mar 10, 2017 1:00am Mar 10, 2017 1:00am
My Intraday Outlook.
(ahead London)

No technical stuff today either. And I think that's common sense.
Why? Because no one knows how the NFP will come out. Period.

Even the ECB kicked up the euro for a minor @40 pips (only the hourly closings considered, no wicks),
you can still see my EUR/USD sentiment below, 6 days firmly bearish.
Because there it belongs on the major current fundamental informations.

Have a good NFP Friday you all!
Member
  • #1,095,537
  • Mar 10, 2017 1:06am Mar 10, 2017 1:06am
Quoting sakisf
{quote} Got 115.6x and then multiyear 116.20 above. 114.8x is now gone, smoked for this year. But it can go up or it can go down! {image}
Thanks mate.
I see it can test 114.60s before going higher but honestly I dont like strong trending pairs like JPY too much.
Also a question for you, often times UJ and EUR inversely correlated but there are times that they both go into same direction. Is there a specific reason why/when that happens?
  • #1,095,538
  • Mar 10, 2017 1:16am Mar 10, 2017 1:16am
Quoting Ayylmao
{quote} Democrats might even not raise the ceiling out of spite of Donald so we might be in for a ride
Do they have a choice ?
  • #1,095,539
  • Mar 10, 2017 1:19am Mar 10, 2017 1:19am
Hey! Angry losers! Cool down!

The posts here are not prophecies, sure tips,
they are probable scenarios based on technical patterns,
argumented with proper tools, even fundamental informations.

We don't try to convince anybody.
We post here our ideas, our setups, scenarios, even our trade parametres.

Of course we change it all the time, because the chart is a living thing, it changes all the time!
Only a pathetic idiot believes you can stay bullish or bearish forever, or waitng for a prophet to lead the way and never fk it up!

Naive retards, they imagine they will just have to sit on their toillet seat, picking their noses, staring at the walls
and waiting for someone here on the thread, to tell them the right direction, helping them to make easy money all the time!

This is not a noob, this is a retard thinking like that!
Well, I got news for you retards, ...it will never happen, because it doesn't work like that!

We do assess, evaluate, rate, measure, estimate ...we don't provide sure tips!!!!!!

So shut the fk up and move your asses elsewhere,
we don't need retards, trolls and haters, to bring their shit here!
Member
  • #1,095,540
  • Mar 10, 2017 1:32am Mar 10, 2017 1:32am
Good morning

My opinion on the EU has not changed since yesterday.
It's NFP friday. Before NFP it wont move much.
Whipsaw coming with the news, breakout orders will be filled and stops will be killed, as usual.
And then back to normal, which is.. zzzzzzzzzz.....
I stay away today, my trading week on the EU is over. (will be watching it though)
Have fun, and stay green
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you are not expected to understand this
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