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  • #1,106,961
  • Apr 28, 2017 4:27am Apr 28, 2017 4:27am
Quoting wukatrades
thank goodness i closed my position last night. connor ur a beast for seeing this. i saw it going up but no this much
If this is the high for today, I am seriously looking at 1.0720s..
It is more bearish than ever if it can not even touch 1.0955. Taken a short already.
  • #1,106,962
  • Apr 28, 2017 4:29am Apr 28, 2017 4:29am
Quoting Connors
{quote} If this is the high for today, I am seriously looking at 1.0720s.. It is more bearish than ever if it can not even touch 1.0955. Taken a short already.
I'm in short as well @ 1.094
SL @1.0958

will maybe scale into this
https://twitter.com/BeauBuyer
  • #1,106,963
  • Edited 4:48am Apr 28, 2017 4:29am | Edited 4:48am
Quoting Connors
{quote} If this is the high for today, I am seriously looking at 1.0720s.. It is more bearish than ever if it can not even touch 1.0955. Taken a short already.
same lol. i might add if i see weakness up top. damn that cpi data lol
  • #1,106,964
  • Apr 28, 2017 4:32am Apr 28, 2017 4:32am
Quoting Don96
{quote} shame no one in here that i am aware of trade 8 month time-frame... if you think that then BTFD every chance you get with some stops below the yearly low...
Scalping/day trading is a sure way to lose in the long run, I don't know anyone who got rich trading that way in the long run, no way to beat the HFTs and news bots day trading, they own that space.

The dollar is definitely a sell on every spike, it peaked back in Jan, the DXY will not see a new high.
"Where you want to be is always in control, never wishing, always trading.
  • #1,106,965
  • Apr 28, 2017 4:33am Apr 28, 2017 4:33am
Quoting Connors
{quote} If this is the high for today, I am seriously looking at 1.0720s.. It is more bearish than ever if it can not even touch 1.0955. Taken a short already.
same here. we will see...
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  • #1,106,966
  • Apr 28, 2017 4:36am Apr 28, 2017 4:36am
The H1 might close below the previous swing high which could indicate a continuation of the down move.
  • #1,106,967
  • Apr 28, 2017 4:38am Apr 28, 2017 4:38am
Quoting Connors
{quote} If this is the high for today, I am seriously looking at 1.0720s.. It is more bearish than ever if it can not even touch 1.0955. Taken a short already.
I agree with your scenario, but what about today's GDP on US ? Won't that be a factor if it's below actual and it's expected to be so ?
  • #1,106,968
  • Apr 28, 2017 4:39am Apr 28, 2017 4:39am
Anyone looking for shorts here is likely to be flattened when New York opens. 1.0932 looks good as a pivot.
Gone to a better place
  • #1,106,969
  • Apr 28, 2017 4:41am Apr 28, 2017 4:41am
Quoting The_Roman
{quote} I agree with your scenario, but what about today's GDP on US ? Won't that be a factor if it's below actual and it's expected to be so ?
Sure anything is possible. I dont know the outcome of the data, I trade my chart but nothing else. Also I said if this is the high of today - conditional. The way I see it the spike is way too weak so far.
  • #1,106,970
  • Apr 28, 2017 4:43am Apr 28, 2017 4:43am
Quoting smikester
Anyone looking for shorts here is likely to be flattened when New York opens.

Not if it starts trading below 1.0883. Bulls will get the memo there.
  • #1,106,971
  • Apr 28, 2017 4:45am Apr 28, 2017 4:45am
Quoting Spec_And
{quote} Scalping/day trading is a sure way to lose in the long run, I don't know anyone who got rich trading that way in the long run, no way to beat the HFTs and news bots day trading, they own that space. The dollar is definitely a sell on every spike, it peaked back in Jan, the DXY will not see a new high.
go and do some research.
  • #1,106,972
  • Apr 28, 2017 4:46am Apr 28, 2017 4:46am
Quoting Connors
{quote} Sure anything is possible. I dont know the outcome of the data, I trade my chart but nothing else. Also I said if this is the high of today - conditional. The way I see it the spike is way too weak so far.
I don't see breaking the year high as weak.
Gone to a better place
  • #1,106,973
  • Apr 28, 2017 4:54am Apr 28, 2017 4:54am
What's with this still market?
  • #1,106,974
  • Apr 28, 2017 4:55am Apr 28, 2017 4:55am
Quoting The_Roman
What's with this still market?
It's time for some coffee.
Gone to a better place
  • #1,106,975
  • Apr 28, 2017 4:55am Apr 28, 2017 4:55am
Well with this solid bull bars on the hourly chart I'm 99% certain the high (1.0950) will be taken out today, probably in the next 2 -4 hours.

Shorting is out of the question for today unless if scalping for 2 - 5 pips
  • #1,106,976
  • Apr 28, 2017 4:58am Apr 28, 2017 4:58am
If you don't know what time it is in London, you probably shouldn't be trading.
Gone to a better place
  • #1,106,977
  • Apr 28, 2017 4:59am Apr 28, 2017 4:59am
Quoting fxmasterdxb
Well with this solid bull bars on the hourly chart I'm 99% certain the high (1.0950) will be taken out today, probably in the next 2 -4 hours. Shorting is out of the question for today unless if scalping for 2 - 5 pips
What? !
Gone to a better place
  • #1,106,978
  • Apr 28, 2017 5:00am Apr 28, 2017 5:00am
Quoting Don96
{quote} go and do some research.

What research? You doubt that most day traders lose money?
"Where you want to be is always in control, never wishing, always trading.
  • #1,106,979
  • Apr 28, 2017 5:01am Apr 28, 2017 5:01am
This rise in the Euro is probably helped by Eur/Gbp turn around, following the weak Gbp figures.
Gone to a better place
  • #1,106,980
  • Apr 28, 2017 5:01am Apr 28, 2017 5:01am
Quoting smikester
{quote} What? !
I believe my wording was quite clear, wasn't it?

This is how i view the market, we shall see soon
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