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  • #1,109,801
  • May 12, 2017 8:17am May 12, 2017 8:17am
Quoting Connors
1.0885 is the new support, if it holds, will keep on going up imho.
Why 885?. All I see is range 850-950. My sl above it. If it doesn't break 950 it will return back again. It's been done in past.
  • #1,109,802
  • May 12, 2017 8:18am May 12, 2017 8:18am
Quoting denisius
Weaker cpi data will put the big? On the rate hike .
Don't think so. Data poorer than consensus, but not bad in absolute terms. I think no impact on hike. Just my personal opinion.
  • #1,109,803
  • May 12, 2017 8:20am May 12, 2017 8:20am
EURUSD Everything going as expected so far
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_2017-05-10-16-44-51.png Size: 86 KB
Click to Enlarge Name: Screenshot_2017-05-12-15-08-14.png Size: 129 KB
Lord Forex
  • #1,109,804
  • May 12, 2017 8:21am May 12, 2017 8:21am
Quoting denisius
{quote} Why 885?. All I see is range 850-950. My sl above it. If it doesn't break 950 it will return back again. It's been done in past.
Can't post a chart at work, if you have access to tick charts, it is quite visible to see.
  • #1,109,805
  • May 12, 2017 8:21am May 12, 2017 8:21am
Quoting denisius
Weaker cpi data will put the big? On the rate hike .
Well don't think so, the data is bad but not bad enough I guess. IMO
Trades technical moves enforced by fundamentals
  • #1,109,806
  • May 12, 2017 8:21am May 12, 2017 8:21am
Quoting MrsTrader
{quote} Don't think so. Data poorer than consensus, but not bad in absolute terms. I think no impact on hike. Just my personal opinion.
Agreed. It's mostly positive and difference is just few %. But if you look at complex of data since last hike it's just added oil to fire. None of the Feds expectations are reached. It's just my opinion
  • #1,109,807
  • May 12, 2017 8:23am May 12, 2017 8:23am
Quoting Connors
{quote} Can't post a chart at work, if you have access to tick charts, it is quite visible to see.
Got it. Thanks
  • #1,109,808
  • May 12, 2017 8:23am May 12, 2017 8:23am
Smells like a possible pump to pick up more sellers for the dump. I'm in sell at 1.0915. SL 20 pips.
I wanna be a billionaire so freaking bad!
  • #1,109,809
  • May 12, 2017 8:24am May 12, 2017 8:24am
"ECB Could Start Mid-Year to Signal Policy Shift"
"Evans: Inflation pressures are still under-running Fed goal"

What else could go wrong for EUR bears today? It looks like someone is trying very hard to stop closing the gap. Draghi wll say again that nothing is true, but some well informed bastard will already profit from this false news.
  • #1,109,810
  • May 12, 2017 8:24am May 12, 2017 8:24am
Quoting Connors
1.0885 is the new support, if it holds, will keep on going up imho.
i would say that 1.08 is the support level that matters and stops below this level are more important on the daily chart
Don't Worry Be Happy
  • #1,109,811
  • May 12, 2017 8:27am May 12, 2017 8:27am
Quoting Connors
{quote} Can't post a chart at work, if you have access to tick charts, it is quite visible to see.

I see what you mean. I have that level only mine was 83 not 85. We will see how strong it is
  • #1,109,812
  • May 12, 2017 8:27am May 12, 2017 8:27am
Quoting Connors
{quote} OK, 1.0460 is a stronger support. WTF!
yea, but we are not there yet and you are salty because you can't read the daily chart lol
Don't Worry Be Happy
  • #1,109,813
  • May 12, 2017 8:30am May 12, 2017 8:30am
Quoting hilmy83
{quote} oh fo sho i think i'm gonna hold this one a bit into early next week. we;ll see how today goes.. {image}
With your 1:40 leverage, until now you are probably getting back around to 25% of your now equity, nice trade!
  • #1,109,814
  • May 12, 2017 8:30am May 12, 2017 8:30am
Quoting MrPresident
{quote} i said earlier that it would be in a range with a low at 1.08, go read my previous post this week in this thread if you went long from the 1.08 area with a stop below the 20-day moving average, then you would have been more rich today don't be salty {image}
So your yesterday short is stopped out or you still hold it?
making money is easy in forex, losing money is even easier...
  • #1,109,815
  • May 12, 2017 8:32am May 12, 2017 8:32am
Quoting gugun555
{quote} So your yesterday short is stopped out or you still hold it? {image}
no, that's not me but someone else

you drunk early on friday? i'm buying beer this evening but not now
Don't Worry Be Happy
  • #1,109,816
  • May 12, 2017 8:33am May 12, 2017 8:33am
the most near resistance is 1.0930, if price breaks above it today, next level, 1.0950 and 1.0980 subsequently.
  • #1,109,817
  • May 12, 2017 8:34am May 12, 2017 8:34am
Quoting MrPresident
{quote} no, that's not me but someone else you drunk early on friday? i'm buying beer this evening but not now
i am always drunk dude, sorry for the mistake lol
making money is easy in forex, losing money is even easier...
  • #1,109,818
  • May 12, 2017 8:35am May 12, 2017 8:35am
Haha... ya'll might want to try being more Zen about all of this stuff. =D

It is funny to watch the winners on here go emotionally crazy and the losers get super salty and despondent immediately after every market moving release.

Like a microcosm of humans/humanity I suppose... haha
  • #1,109,819
  • May 12, 2017 8:35am May 12, 2017 8:35am
Head and shoulders forming too
Quoting Mzwandile93
EURUSD Everything going as expected so far {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2017-05-12-15-30-30.png Size: 142 KB
Lord Forex
  • #1,109,820
  • May 12, 2017 8:38am May 12, 2017 8:38am
My guess though is this spike is just temporary here now, it sucks in all the retailers, and eats it on the open on Sunday/Monday - but who knows... =D

My guess is that retail comes back as really uber bull while we might still be in a short phase here now anyway.
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