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  • #1,109,681
  • May 12, 2017 2:01am May 12, 2017 2:01am
Quoting The_Roman
Doubled top formed M30 . Let's see if it drops with London opening
I like the bears today. Let's see new lows
  • #1,109,682
  • May 12, 2017 2:11am May 12, 2017 2:11am
Quoting The_Roman
{quote} I like the bears today. Let's see new lows
Yeap. It looks like it. USD bulls are pushing a little. But set your SL high because this euro baby wanna play tough
Member
  • #1,109,683
  • May 12, 2017 2:16am May 12, 2017 2:16am
Quoting TudorIoan
{quote} Yeap. It looks like it. USD bulls are pushing a little. But set your SL high because this euro baby wanna play tough
Are you sure about that?
Euro is just as strong as the Dollar currently.
It is all up to the news.
Attached Image
  • #1,109,684
  • May 12, 2017 2:17am May 12, 2017 2:17am
Quoting macdulio
Here is the est. range in the form of 4 numbers if the market decides to give it a full go on a lousy Friday. The black numbers are relatively easily accessible, the red ones require a trending mode. {image}
  • #1,109,685
  • May 12, 2017 2:20am May 12, 2017 2:20am
Quoting macdulio
{quote} Are you sure about that? Euro is just as strong as the Dollar currently. It is all up to the news. {image}
Buy the rumor, sell the news. It's just like yesterday. They sold in anticipation to the news and when it went out, the news had reverse impact.
  • #1,109,686
  • May 12, 2017 2:20am May 12, 2017 2:20am
Quoting jusstin911
{quote}
...
Member
  • #1,109,687
  • May 12, 2017 2:26am May 12, 2017 2:26am
Quoting macdulio
{quote} Are you sure about that? Euro is just as strong as the Dollar currently. It is all up to the news. {image}
...ok, it was just a tiny move
All eyes on US inflation data today !
Member
  • #1,109,688
  • May 12, 2017 2:27am May 12, 2017 2:27am
Quoting The_Roman
{quote} Buy the rumor, sell the news. It's just like yesterday. They sold in anticipation to the news and when it went out, the news had reverse impact.
I do not mean to give a bias, but in my opinion they would have to squeeze out everyone out of their shorts before this can finally make a crack down.
  • #1,109,689
  • May 12, 2017 2:53am May 12, 2017 2:53am
All the US data lately was good reinforcing FEd decision for a hike in June. This already has been priced in and there are no surprises. So, I wonder, fundamentally, why would usd get stronger and for how long, considering that EU data has also been good, the political is stable now and they are about to start relaxing a bit this summer. Any opinions? Is hard for me to see a good reason for staying as low as 1.07-08 this summer, instead of 1.11-15
few pips a day, keeps the doctor away...
  • #1,109,690
  • May 12, 2017 2:59am May 12, 2017 2:59am
  •  dot0
  • | Joined Sep 2012 | Status: I pity the fool that fails to laugh | 368 Posts
Finally out of eurcad. 2 days of waiting cuz I fell a sleep at the screen. In my dream it was falling, imagine the surprise. Imagine, cmon, imagine.
c'mon baby, daddy needs brand new clogs...
  • #1,109,691
  • May 12, 2017 3:00am May 12, 2017 3:00am
What a failure !
Pound decided to have tested 1.29 without touching it and my Gym is closed for maintainance !
Wasted morning ....
  • #1,109,692
  • May 12, 2017 3:03am May 12, 2017 3:03am
beautiful double top formed H1 . Still waiting to see the drop...
  • #1,109,693
  • May 12, 2017 3:04am May 12, 2017 3:04am
Quoting The_Roman
beautiful double top formed H1 . Still waiting to see the drop...
also a flag , bulish one .
1h chart
  • #1,109,694
  • May 12, 2017 3:08am May 12, 2017 3:08am
Quoting yanitsa
{quote} also a flag , bulish one . 1h chart
Indeed. It's been lingering here for ~20 hours now. It's gonna be quite a spike when it breaks S or N
  • #1,109,695
  • May 12, 2017 3:09am May 12, 2017 3:09am
Quoting nodoubt
All the US data lately was good reinforcing FEd decision for a hike in June. This already has been priced in and there are no surprises. So, I wonder, fundamentally, why would usd get stronger and for how long, considering that EU data has also been good, the political is stable now and they are about to start relaxing a bit this summer. Any opinions? Is hard for me to see a good reason for staying as low as 1.07-08 this summer, instead of 1.11-15
You would have to duke it out with the E.W. people calling for parity.

The structure is not sound to progress higher, the following market maker levels are virgin, thus would have to be re-visited:
Attached Image (click to enlarge)
Click to Enlarge Name: EUR303.png Size: 26 KB
  • #1,109,696
  • May 12, 2017 3:12am May 12, 2017 3:12am
Quoting TudorIoan
{quote} Now it looks like 1.0880 long might be a good idea, Jon! ...but not necessary because the H&S (dont trust them much on smaller TFs than H4) GL!
You where right it failed miserably . It seems like I'm completely out of sync with the market . So no trading for me today to choppy since Wednesday.
  • #1,109,697
  • May 12, 2017 3:17am May 12, 2017 3:17am
Quoting MaxDoom
{quote} Alas poor trader For thou has done forex, Now your account is empty And your strategy is bollox, You bought at the top And sold at the bottom, Now you must pay the leverage master Before you hit rock bottom. Now forget the French data And the Yankies bullshit too, Trade your chart And a historic price or two, If you don't you will suffer more, With endless top ups And no future for you. One in a few will make it through Heed my advice and it might be you.

Alas poor trader
For thou has done forex,
Now your account is empty
And your strategy is bollox,
You bought at the top
And sold at the bottom,
Now you must pay the leverage master
Before you hit rock bottom.
Now forget the French data
And the Yankies bullshit too,
Trade your chart And a historic price or two,
If you don't you will suffer more,
With endless top ups
And no future for you.
One in a few will make it through
Heed my advice and it might be you.
  • #1,109,698
  • May 12, 2017 3:19am May 12, 2017 3:19am
Quoting Connors
{quote} Alas poor trader For thou has done forex, Now your account is empty And your strategy is bollox, You bought at the top And sold at the bottom, Now you must pay the leverage master Before you hit rock bottom. Now forget the French data And the Yankies bullshit too, Trade your chart And a historic price or two, If you don't you will suffer more, With endless top ups And no future for you. One in a few will make it through Heed my advice and it might be you.
Wow! Look who's back.
"Don't lose your cool, and you will fare well".
  • #1,109,699
  • May 12, 2017 3:21am May 12, 2017 3:21am
  •  dot0
  • | Joined Sep 2012 | Status: I pity the fool that fails to laugh | 368 Posts
Quoting Connors
{quote} Alas poor trader For thou has done forex, Now your account is empty And your strategy is bollox, You bought at the top And sold at the bottom, Now you must pay the leverage master Before you hit rock bottom. Now forget the French data And the Yankies bullshit too, Trade your chart And a historic price or two, If you don't you will suffer more, With endless top ups And no future for you. One in a few will make it through Heed my advice and it might be you.
Finally, some poetry. Does it come with background music. Don't bother, I'm already singing in my own melody.
c'mon baby, daddy needs brand new clogs...
  • #1,109,700
  • May 12, 2017 3:25am May 12, 2017 3:25am
Quoting The_Roman
{quote} Indeed. It's been lingering here for ~20 hours now. It's gonna be quite a spike when it breaks S or N
It's untradeble to me . Plain and simple .
Prefer pound shorts , but it might make it to 1.2820 without me .
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