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  • #1,108,361
  • May 5, 2017 5:29am May 5, 2017 5:29am
NFP Guesses: Barclays: 225K, Unemployment 4.5% Bank of America: 170K, Unemployment Rate 4.6% Wells Fargo: 178K, Unemployment Rate 4.6%. And what would a great NFP number bring, a rate hike in June? ) That's old news
But a bad number? Also a rate hike in June.
Nevertheless, a great opportunity to squeeze the market again from some unfortunately placed SL's.
few pips a day, keeps the doctor away...
  • #1,108,362
  • May 5, 2017 5:34am May 5, 2017 5:34am
A pack of wild bears jumped on euro and began clawing and biting it and it sank further and faster till the bears became fat and could suckle no more. Nope this is slim pickings for bears bull just waking up.
Founder of Sutherland Wave Principle
  • #1,108,363
  • May 5, 2017 5:42am May 5, 2017 5:42am
Bulls when they cover they become bears and vice versa, a smart trader will always look for potential profit taking levels....In this case eu also made a a double top....
trading is simple but is simple is not easy.
  • #1,108,364
  • May 5, 2017 5:45am May 5, 2017 5:45am
The higher it goes the more pips to gain
just keep buying the highs
  • #1,108,365
  • May 5, 2017 5:47am May 5, 2017 5:47am
And we have Lift-off. Huston, no problems here
  • #1,108,366
  • May 5, 2017 5:49am May 5, 2017 5:49am
Quoting eurBESTRADER
The higher it goes the more pips to gain just keep buying the highs
I meant shorting the highs
  • #1,108,367
  • May 5, 2017 5:58am May 5, 2017 5:58am
Not eFfecting Price 30 minutes? The floor is 0958 with the NFP wobble, the new floor 30 pips lower 1.0928 and price usually jumps right back up into the projected path. It's bear trap time.
Founder of Sutherland Wave Principle
  • #1,108,368
  • May 5, 2017 6:00am May 5, 2017 6:00am
I'll stick being short for now
  • #1,108,369
  • May 5, 2017 6:05am May 5, 2017 6:05am
Quoting ForUs
{quote} I wouldn't trust this analysis if i were you...your looking at the trees but you don't see the forest!Good Luck!
Patience papa patience it will retrace pretty soon, but the timing is off, there's a lot of things going at once.
"Think Like a Investor but,Trade Like a Trader"
and by the way, if you can make $3,000 a day in trees you also will be looking at the trees because the forest is full of money and for that, you need to be patience and be very talented like any other business. your the one that needs the !Good Luck!
  • #1,108,370
  • May 5, 2017 6:09am May 5, 2017 6:09am
Hello everyone!

I am a new here and this is my first post. I would like to start sharing my view of eurusd:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 1D.jpg Size: 1.0 MB


By the way, I'm from Spain and I've been trading fx for a few years. I have always been reading your comments guys so I think it's a good moment to start sharing my thoughts with you
First rule of business, protect your investment.
  • #1,108,371
  • May 5, 2017 6:16am May 5, 2017 6:16am
LMAO eurBest I wasn't attacking you, just offering my constructive criticism on your trade agenda, don't be offended calling you out wasn't my intent sorry. But on another note I am antagonistic in these forums in general. competition breeds success.Fast runners run faster against their fastest rivals. not against their yes men. Oh and by the way you were wrong yesterday. You should be happy if someone points out a flaw in your analysis and offers you a better one. that would have made you 100 pips. Yep tooting my own horn. lmao pls have 2 seats
  • #1,108,372
  • Edited 6:50am May 5, 2017 6:19am | Edited 6:50am
Quoting The_Roman
{quote} Are you reconsidering ? Or holding longs still ?
I'm long from 0899 expect maximum low here 0928 and then on upto 1.1125 I would buy 0928 also if nfp wobble put it there. Don't have free margin Oanda margin is hihihi

Closed and short for 0928 buy order down there. buy stop above in case it doesn't wobble. Usually see more volatility in the lead up is it 12:30GMT for this report?

Closed short and long again, not worth risk missing the coming move up. I'm not messing about 30 pip dip that may or may not transpire. Wave count for the down move checks off all waves present and accounted for. Going into a 3rd push up.
Founder of Sutherland Wave Principle
  • #1,108,373
  • May 5, 2017 6:26am May 5, 2017 6:26am
Quoting eurBESTRADER
{quote} Patience papa patience it will retrace pretty soon, but the timing is off, there's a lot of things going at once. "Think Like a Investor but,Trade Like a Trader" and by the way, if you can make $3,000 a day in trees you also will be looking at the trees because the forest is full of money and for that, you need to be patience and be very talented like any other business. your the one that needs the !Good Luck!

That sounds stupid as hell. yes you may make $3000 a day staring at trees but because you didn't care about the forest you got yourself trapped in a forest fire that sends you to hell.
Inserted Video
  • #1,108,374
  • May 5, 2017 6:29am May 5, 2017 6:29am
initially i had a short at 980 then i realized, "wait a minute, that's not where i need to enter, " so closed it and watched price drop since then....fuck me. o welll. gotta follow the plan regardless. lets see what NY will give.
  • #1,108,375
  • May 5, 2017 6:34am May 5, 2017 6:34am
Quoting ForUs
LMAO eurBest I wasn't attacking you, just offering my constructive criticism on your trade agenda, don't be offended calling you out wasn't my intent sorry. But on another note I am antagonistic in these forums in general. competition breeds success.Fast runners run faster against their fastest rivals. not againnst their yes men. Oh and by the way you were wrong yesterday. You should be happy if someone points out a flaw in your analysis and offers you a better one. that would have made you 100 pips. Yep tooting my own horn. lmao pls have 2 seats...
Not at all, I'm not offended it's all good your right but, pips could off gone ether way the point is what would you do now? Well, taking the loss will be foolish unless there was poor money management, the right thing to do is add to the short position and collect those pips you mentioned and way more, if you're afraid of heights it will probably be difficult for you to do. Don't be offended I just like to speak my mind, helps me think better
  • #1,108,376
  • May 5, 2017 6:36am May 5, 2017 6:36am
Quoting ForUs
{quote} That sounds stupid as hell. yes you may make $3000 a day staring at trees but because you didn't care about the forest you got yourself trapped in a forest fire that sends you to hell. https://youtu.be/GF3iK3rJUfU
Sorry I don't watch cartoons
  • #1,108,377
  • May 5, 2017 6:37am May 5, 2017 6:37am
she is going to revisit 50 where she broke from....
trading is simple but is simple is not easy.
  • #1,108,378
  • May 5, 2017 6:41am May 5, 2017 6:41am
Problem with that idea is no matter how good your money management skills, the monthly trend is changing from bear bck to bull. if you layer in short positions to try and recoup that loss and this pair ends up breaking out upwards b4 your recoup all you end up doing is exponentially increasing your a loss that could have been minimized. Personally though i would take the loss reanalyze and look for a better entry but. Its your account and i do understand the power of speaking your analysis for the benefit of yourself.
  • #1,108,379
  • May 5, 2017 6:41am May 5, 2017 6:41am
Does anyone had realised about this week's divergence?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 2.jpg Size: 681 KB
First rule of business, protect your investment.
  • #1,108,380
  • May 5, 2017 6:44am May 5, 2017 6:44am
Quoting hilmy83
initially i had a short at 980 then i realized, "wait a minute, that's not where i need to enter, " so closed it and watched price drop since then....fuck me. o welll. gotta follow the plan regardless. lets see what NY will give.
I saw that, I have a sell9803 waiting to be closed at 9600 or worse, before nfp. What entry you would have wanted instead of 98? to rephrase that, what are your balls requiring today?
few pips a day, keeps the doctor away...
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