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  • #1,109,701
  • Edited 1:39am May 12, 2017 1:28am | Edited 1:39am
Don's back. So I remember at start of the week saying how we noted lately that price drags sideways all week and the big moves come at the weekend. And someone replied saying that was rediculous idea. The same phenomena noted 5th of may and 25th april..


Quoting Kanzler
{quote} How did you come to that bizarre conclusion? Price may move during closed hours but that's not always the case and even if you found a broker that could execute trades for you, the spread would be insane and movements large because of low liquidity. It's like trading while big news is out for 48 hours straight.
The don't argue with suthmo award of the month, goes to this guy.
Founder of Sutherland Wave Principle
  • #1,109,702
  • May 12, 2017 1:30am May 12, 2017 1:30am
Quoting Jonstaples
{quote} 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.
Yep, nasty bitch market GBP and AUD moves better. EUR is hanging around like waiting for the US inflation data?! ...we'll see ...GL!
Member
  • #1,109,703
  • May 12, 2017 1:32am May 12, 2017 1:32am
Quoting TudorIoan
{quote} Yep, nasty bitch market GBP and AUD moves better. EUR is hanging around like waiting for the US inflation data?! ...we'll see ...GL!
Pound is also awaiting US data, in order to break support which stopped bears dead in their tracks yesterday, or to return soaring to 1.29 or higher.
"Don't lose your cool, and you will fare well".
  • #1,109,704
  • May 12, 2017 1:33am May 12, 2017 1:33am
Quoting Connors
...
in connors's shouts he said:
I did not leave FF guys,left EUR thread for good. ...
  • #1,109,705
  • May 12, 2017 1:36am May 12, 2017 1:36am
Very risky for trading,one thing is sure...price going right
  • #1,109,706
  • May 12, 2017 1:36am May 12, 2017 1:36am
  •  dot0
  • | Joined Sep 2012 | Status: I pity the fool that fails to laugh | 368 Posts
Quoting ruma29
{quote} in connors's shouts he said: I did not leave FF guys,left EUR thread for good. ...
In all the drama people say the worst things. Glad he's back. Therefore when lingering, it can still be fun
c'mon baby, daddy needs brand new clogs...
  • #1,109,707
  • May 12, 2017 1:36am May 12, 2017 1:36am
Sigh, here we go again. This thread is the vilest thread of all the forum...
"Don't lose your cool, and you will fare well".
  • #1,109,708
  • May 12, 2017 1:37am May 12, 2017 1:37am
Quoting diana91
{quote} Pound is also awaiting US data, in order to break support which stopped bears dead in their tracks yesterday, or to return soaring to 1.29 or higher.
Agree.
But I'm an intraday trader. Already got G/U working for me, +20 pips today and out.
Member
  • #1,109,709
  • May 12, 2017 1:39am May 12, 2017 1:39am
Quoting TudorIoan
{quote} Agree. But I'm an intraday trader. Already got G/U working for me, +20 pips today and out.
I am keeping my pound short just because I have very, very strong conviction that it is really going to drop for quite some time...I moved my SL to above 1.29 last night when there was a retrace. If this was an intraday position, which I mostly do now, I would close it and call it a day...
"Don't lose your cool, and you will fare well".
  • #1,109,710
  • May 12, 2017 1:40am May 12, 2017 1:40am
  •  dot0
  • | Joined Sep 2012 | Status: I pity the fool that fails to laugh | 368 Posts
Quoting diana91
Sigh, here we go again. This thread is the vilest thread of all the forum...
Well daaa... this is a TWB thread. Traders with balls. Check older posts. No balls no trading. All dough someone yesterday was cooky with his one large ball that he need to take a look at, imho
c'mon baby, daddy needs brand new clogs...
  • #1,109,711
  • May 12, 2017 1:40am May 12, 2017 1:40am
Quoting Beli
Very risky for trading,one thing is sure...price going right
always ...to the right ...sure thing
Member
  • #1,109,712
  • May 12, 2017 1:42am May 12, 2017 1:42am
Quoting diana91
{quote} I am keeping my pound short just because I have very, very strong conviction that it is really going to drop for quite some time...I moved my SL to above 1.29 last night when there was a retrace. If this was an intraday position, which I mostly do now, I would close it and call it a day...
sounds like a nice plan. GL!
Member
  • #1,109,713
  • May 12, 2017 1:43am May 12, 2017 1:43am
Quoting TudorIoan
{quote} sounds like a nice plan. GL!
Thanks. I shall see today if it is worth holding or no...I was never a fan of holding positions during market close.
"Don't lose your cool, and you will fare well".
  • #1,109,714
  • Edited 2:13am May 12, 2017 1:44am | Edited 2:13am
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

Market has priced in the 80% possibility of June rake hike, so there is still some room for USD to go up before the rate hike. IMO.
Trades technical moves enforced by fundamentals
  • #1,109,715
  • May 12, 2017 1:46am May 12, 2017 1:46am
Quoting TudorIoan
{quote} Agree. But I'm an intraday trader. Already got G/U working for me, +20 pips today and out.
THANKS FOR THE TIP
Attached Image
Self discipline It is a practice
  • #1,109,716
  • May 12, 2017 1:47am May 12, 2017 1:47am
Gold and Silver might have bottomed out .
More and more evidence on that .
Loving it when Gold is rallying !
  • #1,109,717
  • May 12, 2017 1:51am May 12, 2017 1:51am
  •  dot0
  • | Joined Sep 2012 | Status: I pity the fool that fails to laugh | 368 Posts
Quoting yanitsa
Gold and Silver might have bottomed out . More and more evidence on that . Loving it when Gold is rallying !
3rd wave starting. Lower trendline perfect alignment. I'm also eyes on gold. But on hold for now. Window shopping
c'mon baby, daddy needs brand new clogs...
  • #1,109,718
  • May 12, 2017 1:53am May 12, 2017 1:53am
Price is at the strong S/R level,also is above MA200 Daily,probably up but who knows,break of 1.09 can take us to 1.0950 and strong 1.1020...lot of news today!
Patience is a key!
Attached Image (click to enlarge)
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  • #1,109,719
  • May 12, 2017 1:56am May 12, 2017 1:56am
Quoting Jonstaples
{quote} 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.
Here's my wisdom

Waiting for Monday.


GL.
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Beware of robber banks (RB), bad advisors.
  • #1,109,720
  • May 12, 2017 1:56am May 12, 2017 1:56am
where did this 10 pips spike come from
got instantly rejected at 08725
https://twitter.com/BeauBuyer
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