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EURUSD

  • #1,115,201
  • Jun 7, 2017 11:51am Jun 7, 2017 11:51am
Quoting diana91
Oops, I traded. A little. Someone tie me to some tree and release me tomorrow.

..... I thought I was the only one that needed restraints...lol
  • #1,115,202
  • Jun 7, 2017 12:00pm Jun 7, 2017 12:00pm
Big boy still hungry

Be Yourself... Prof it
  • #1,115,203
  • Jun 7, 2017 12:08pm Jun 7, 2017 12:08pm
EURUSD Weekly Outlook

On weekly it is obvious why 1.1283 is stongly resisting: It is previous week's high and also border of the new weekly trendline.. bulls either need time or help from fundamental numbers. If 1.1283 breaks next target is 1.1356.

If we bounce back down from here first retest area is 1.1207. If that can't hold next target on weekly would be 1.1147.

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #1,115,204
  • Jun 7, 2017 12:23pm Jun 7, 2017 12:23pm
Can 1.1245 hold for LONGs?

SHORTS should really like for 1.12350 to definitively break.

Is a LONG TERM SHORT though in my book as long as it stays below 1.132... but with how things have been going and with the events tomorrow, who knows!
  • #1,115,205
  • Jun 7, 2017 12:51pm Jun 7, 2017 12:51pm
Quoting Ata-Turkoglu
EURUSD Weekly Outlook On weekly it is obvious why 1.1283 is stongly resisting: It is previous week's high and also border of the new weekly trendline.. bulls either need time or help from fundamental numbers. If 1.1283 breaks next target is 1.1356. If we bounce back down from here first retest area is 1.1207. If that can't hold next target on weekly would be 1.1147. Stay Green {image}
I take 1.1207 seeings I have a short from 1.1274..have the stop at BE not playing with these conditions.
  • #1,115,206
  • Jun 7, 2017 12:59pm Jun 7, 2017 12:59pm
Quoting mkjenna
{quote} I don't see a single bear in there. Does this mean I'm screwed?
umm ... bears wasn't in season at that time
  • #1,115,207
  • Jun 7, 2017 1:06pm Jun 7, 2017 1:06pm
Quoting Montrealer
Listen me carefully guys. Euro stacked between 1.05 - 1.15. Why do you think many CB's implemented NEGATIVE rates and pay investors huge money to borrow from them? Answer is simple: to hold the PAIRS static, not to move. Also, take a look at Daily chart for Euro. Have you mentioned the GAP is not filled around 1.08? It will be filled soon...
Many may ask why EU doesn't take 1.13? I still keep posting my answer as of May 23d, 2017 (see above).
Also, couple of days ago I counted Elliot Waves and it says we are in the last leg of correction (Wave C) of global downtrend from 1.60. It will brings us
to the first target 1.0750 (Gap to fill), then possibly to 1.04. Then a new MULTI YEARS UPTREND begins. There is also a slight chance that if we take out 1.04 support, we will witness a SUPER DOWNTREND, that we can't calculate from 20-years perspective (cause Euro is relatively new currency). Thus, it will bring us below parity right to 0.6. It is actually very unlikely, but can happen if European Union will lose another member or two.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,115,208
  • Jun 7, 2017 1:12pm Jun 7, 2017 1:12pm
Quoting petehnm
{quote} I take 1.1207 seeings I have a short from 1.1274..have the stop at BE not playing with these conditions.
Your short from 1.1274 might be at risk inside these hours.. your relief could come once 15m candles close below 1.1255. Wishing you the best of luck..

Stay Green
Focus only on what truly matters!
  • #1,115,209
  • Jun 7, 2017 1:15pm Jun 7, 2017 1:15pm
Quoting mkjenna
{quote} I don't see a single bear in there. Does this mean I'm screwed?
Don't worry, I am bearish too, and expecting a drop in EURUSD tomorrow.
  • #1,115,210
  • Jun 7, 2017 1:23pm Jun 7, 2017 1:23pm
Quoting Ata-Turkoglu
{quote} Your short from 1.1274 might be at risk inside these hours.. your relief could come once 15m candles close below 1.1255. Wishing you the best of luck.. Stay Green
I appreciate it brother..It's a small position so at worst I'll break even. It's good to have an individual that is willing to just talk currencies without any predisposition or judgments on another person's ability or inabilities to trade consistently.

curious as to your outlook for the eur and gbp with the election coming up tomorrow?

I've been following the news reports all morning seem that the gap is closing on the conservative party but everything points to their victory..

my two cents is that a slim victory is still going to bring the eur down and a not so great push up for the gbp.

Good luck t you, my friend..hope a ton of green pips come to us all.
  • #1,115,211
  • Edited 1:41pm Jun 7, 2017 1:24pm | Edited 1:41pm
Quoting shabirsaleem
{quote} Don't worry, I am bearish too, and expecting a drop in EURUSD tomorrow.
Bears are safe as long as 1.1268 resists.. keep praying, or lighting candles, dancing around a totem or whatever rituals you are aware of.. lol

Stay Green
Focus only on what truly matters!
  • #1,115,212
  • Jun 7, 2017 1:32pm Jun 7, 2017 1:32pm
Quoting Ata-Turkoglu
{quote} Bears are safe as long as 1.1268 resists.. keep praying, or lighting candles, dancing around a totem or whatever rituels you are aware of.. lol Stay Green
are u long or short?
WaBaS Where are Buyers and Sellers
  • #1,115,213
  • Jun 7, 2017 1:33pm Jun 7, 2017 1:33pm
Quoting Ata-Turkoglu
{quote} Bears are safe as long as 1.1268 resists.. keep praying, or lighting candles, dancing around a totem or whatever rituels you are aware of.. lol Stay Green

...I thought I was the only one with rituals.
  • #1,115,214
  • Jun 7, 2017 1:38pm Jun 7, 2017 1:38pm
Quoting petehnm
{quote} I appreciate it brother..It's a small position so at worst I'll break even. It's good to have an individual that is willing to just talk currencies without any predisposition or judgments on another person's ability or inabilities to trade consistently. curious as to your outlook for the eur and gbp with the election coming up tomorrow? I've been following the news reports all morning seem that the gap is closing on the conservative party but everything points to their victory.. my two cents is that a slim victory is still going to bring...
I care to stay away from speculating based on fundementals. I really don't care much about Brexit or elections, or Trump Tweets etc. etc... The only exceptions for me are NFP and Rate Decisions. Therefore I am sorry brother that I can not provide any comments for your curiosity.

I shared the weekly levels. That's what I care the most. If market starts to shake and twist and boil, the effect will eventually hit at those levels on daily, weekly or monthly. Anything smaller is noise to me.

Overall I trade as soon as I see and I trade what I see..

Same wishes to you brother.. trade safe..

Stay Green
Focus only on what truly matters!
  • #1,115,215
  • Jun 7, 2017 1:43pm Jun 7, 2017 1:43pm
Quoting mr.brown
{quote} are u long or short?
I am 6'1.. lol.. just kidding.. I am short from 1.1262.. will hold as long as I see no hourly candle close above 1.1268..

Stay Green
Focus only on what truly matters!
  • #1,115,216
  • Jun 7, 2017 1:44pm Jun 7, 2017 1:44pm
Quoting Ata-Turkoglu
{quote} I am 6'1.. lol.. just kidding.. I am short from 1.1262.. will hold as long as I see no hourly candle close above 1.1268.. Stay Green
thank you
WaBaS Where are Buyers and Sellers
  • #1,115,217
  • Jun 7, 2017 1:49pm Jun 7, 2017 1:49pm
Quoting Ata-Turkoglu
{quote} I care to stay away from speculating based on fundementals. I really don't care much about Brexit or elections, or Trump Tweets etc. etc... The only exceptions for me are NFP and Rate Decisions. Therefore I am sorry brother that I can not provide any comments for your curiosity. I shared the weekly levels. That's what I care the most. If market starts to shake and twist and boil, the effect will eventually hit at those levels on daily, weekly or monthly. Anything smaller is noise to me. Overall I trade as soon as I see and I trade what I...
I can appreciate staying away from fundamentals they seem to hurt my trades more than help'

I just recently started focusing all my attentions to the upper time frames(4h, Daily, weekly) as well.it's actually helping out a lot.

still fight the greed monster though and don't take my profits at the right time as I should..working on it though.
  • #1,115,218
  • Jun 7, 2017 1:53pm Jun 7, 2017 1:53pm
Quoting petehnm
{quote} I can appreciate staying away from fundamentals they seem to hurt my trades more than help' I just recently started focusing all my attentions to the upper time frames(4h, Daily, weekly) as well.it's actually helping out a lot. still fight the greed monster though and don't take my profits at the right time as I should..working on it though.
A professional trader is the one who is aware of his weaknesses and keeps improving/altering those, but at the same it is such a person who is aware of his strong sides and never tries to alter them. Fix only what doesn't work properly.. don't touch the working part.. my half cents..

Stay Green
Focus only on what truly matters!
  • #1,115,219
  • Jun 7, 2017 2:02pm Jun 7, 2017 2:02pm
Quoting Ata-Turkoglu
{quote} I am 6'1.. lol.. just kidding.. I am short from 1.1262.. will hold as long as I see no hourly candle close above 1.1268.. Stay Green
lol you crazy bastard
  • #1,115,220
  • Jun 7, 2017 2:06pm Jun 7, 2017 2:06pm
Quoting petehnm
{quote} I can appreciate staying away from fundamentals they seem to hurt my trades more than help' I just recently started focusing all my attentions to the upper time frames(4h, Daily, weekly) as well.it's actually helping out a lot. still fight the greed monster though and don't take my profits at the right time as I should..working on it though.
if u dont have a working system, no matter what u r it wont work, keep in mind
WaBaS Where are Buyers and Sellers
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