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  • #1,116,021
  • Jun 13, 2017 4:58am Jun 13, 2017 4:58am
Quoting calebfx
{quote} I hope they don't hike for ethical reasons, reminds me of the folly leading up to the 2008 crash, someone needs to speak some common sense into Yellen
LOL FED won't jeopardize the economy of 250 000 000 citizen country in attempt to not disapoint the world's trading comunity, if that's what you mean by "ethical reasons"

Chhers
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,116,022
  • Jun 13, 2017 5:03am Jun 13, 2017 5:03am
Quoting NotAtrader
{quote} LOL FED won't jeopardize the economy of 250 000 000 citizen country in attempt to not disapoint the world's trading comunity, if that's what you mean by "ethical reasons" Chhers
Exactly what I mean, I feel a rate hike tomorrow is a bit presumptuous on the part of the Feds, I fancy a rate hike in December better, but what do I know, I am in the tower with my dragon he tells me when to buy or sell lol
Read in between the price!!!
  • #1,116,023
  • Jun 13, 2017 5:26am Jun 13, 2017 5:26am
Quoting calebfx
{quote} Exactly what I mean, I feel a rate hike tomorrow is a bit presumptuous on the part of the Feds, I fancy a rate hike in December better, but what do I know, I am in the tower with my dragon he tells me when to buy or sell lol
Let's wait end see. Generally interest hikes increase the appleciation in the short run. But in the long run it cools down the economy and hence the value of the currency. So if FED believes that US economy is kind of overheated, then it is hike time. I am excited for tomorrow's session. as I am short up to my ears LOL. I have splitted my accounts and I am ready to sacrifice that one in case it goes completely wrong. No big deal...

GL
Chears
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,116,024
  • Jun 13, 2017 5:31am Jun 13, 2017 5:31am
Quoting sakisf
{quote} JPY is weakest today. USD neutral since nfp. So it can't fall vs JPY. Waiting for fomc to start undoing all this USD sideways crap. {image}
Jpy gained some ground, after ej hit the previous day high and turned.......prior to that from below ej broke nicely with eu and uj confirming it...
trading is simple but is simple is not easy.
  • #1,116,025
  • Jun 13, 2017 5:50am Jun 13, 2017 5:50am
Quoting swing 123
Not a good sign for bulls. 1230 may limit the up move. GL
Lets see.
  • #1,116,026
  • Jun 13, 2017 5:50am Jun 13, 2017 5:50am
Quoting ZenNy
{quote} Jpy gained some ground, after ej hit the previous day high and turned.......prior to that from below ej broke nicely with eu and uj confirming it...
It's one of these sideways days for both. Couldn't get outside acceptable range in either side.
Attached Image (click to enlarge)
Click to Enlarge Name: KiEEYFrSRJ60dwxEOz1Y8w.png Size: 39 KB
Only gbp moves as of now. I am in jpy longs for the time being as it hit resistance, but I can't see it giving beyond 100 pips in the retrace. Still weak against everything vs yesterday range.
Attached Image
  • #1,116,027
  • Jun 13, 2017 6:06am Jun 13, 2017 6:06am
Quoting swing 123
{quote} Lets see.
Todays critical number 1212. Gl.
  • #1,116,028
  • Jun 13, 2017 6:13am Jun 13, 2017 6:13am
Quoting Connors
{quote} Hourly chart looks like a flag and can pop to the upside any minute for me. Void below 1.1186 -daily S1 - of course.
Life is nothing without surprises.
  • #1,116,029
  • Jun 13, 2017 6:16am Jun 13, 2017 6:16am
Quoting sakisf
{quote} It's one of these sideways days for both. Couldn't get outside acceptable range in either side. {image} Only gbp moves as of now. I am in jpy longs for the time being as it hit resistance, but I can't see it giving beyond 100 pips in the retrace. Still weak against everything vs yesterday range. {image}
Those are days where you can go long and then short...........Jpy was weak, eu made a FBO at the previous day low and reversed and took ej with it, uj was in no man land when ej broke: still good.

Then ej hit the previous day high and turned, took eu with it and uj was pushing downside also.....:very good.

If we did not short ej at the top, there were many opportunities to enter...

in my understanding now Jpy is strong of them all and eur is the weakest......of course for the time being..... I do not know what will happen next.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej.png Size: 15 KB
Click to Enlarge Name: eu.png Size: 42 KB
trading is simple but is simple is not easy.
  • #1,116,030
  • Jun 13, 2017 6:19am Jun 13, 2017 6:19am
Quoting calebfx
{quote} I hope they don't hike for ethical reasons, reminds me of the folly leading up to the 2008 crash, someone needs to speak some common sense into Yellen
What about the Incoming US Recession 2017-2018 ?
https://en.wikipedia.org/wiki/List_o..._United_States
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I am who I am
  • #1,116,031
  • Jun 13, 2017 6:25am Jun 13, 2017 6:25am
Quoting Connors
{quote} Possibly, famous last words of a bearish biased trader
Member
  • #1,116,032
  • Jun 13, 2017 6:31am Jun 13, 2017 6:31am
Quoting Connors
{quote} Possibly, famous last words of a bearish biased trader
today close below 1212 and better below 1205 will destroy the bulls. Tomorrow I ll see you at 0001.
  • #1,116,033
  • Jun 13, 2017 6:46am Jun 13, 2017 6:46am
I Keep waiting but every time I check the chart... same picture / price. Is it Groundhog day?
Founder of Sutherland Wave Principle
  • #1,116,034
  • Jun 13, 2017 6:55am Jun 13, 2017 6:55am
In my opinion, will not be any moves other than range below 1.12350 until news tomorrow. If the FED does not tighten, then EURUSD goes to the moon... haha.

But yeah, everyone is waiting for that. Skip a day and go hit the beach if you can.
  • #1,116,035
  • Jun 13, 2017 7:03am Jun 13, 2017 7:03am
Quoting suthmo
I Keep waiting but every time I check the chart... same picture / price. Is it Groundhog day?
Don't expect miracles. Probably your sl will be hit tomorrow if it keeps going. Range is too small waiting for fomc. jpy breaking the range down could save your 7th ass.
Attached Image (click to enlarge)
Click to Enlarge Name: eBANuR2sRfCjTyXMSYtABg.png Size: 48 KB
  • #1,116,036
  • Jun 13, 2017 7:11am Jun 13, 2017 7:11am
Quoting imwim
{quote} What about the Incoming US Recession 2017-2018 ? https://en.wikipedia.org/wiki/List_o..._United_States https://www.youtube.com/watch?v=cFs1NTlUVWM
I've come across this logic in the past but thanks interesting point of view.
Read in between the price!!!
  • #1,116,037
  • Jun 13, 2017 7:13am Jun 13, 2017 7:13am
Retesting today's high now. I saw that drop earlier today, and didn't have patience to wait, so I turned to JPY pairs (which for some reasons I'm attracted to like a moth to a streetlight).

All in all, I call it a day.
"Don't lose your cool, and you will fare well".
  • #1,116,038
  • Jun 13, 2017 7:17am Jun 13, 2017 7:17am
Quoting Connors
{quote} All I want is a new high man, I want to join bears so bad, I want to be the King of Bears, Bearking the II. They made my life so hard without taking stops above 1.1300. I tremble like a newly wed virgin chick on her first night with the hubby while taking shorts before it gets to 1.1350s.
Lol hilarious but I like to think most newly wed virgins can't wait to get their champagne popped in my opinion that's all they dream about when the priest or whoever says "You may now kiss the bride"

In other news, I am slightly weary of holding my other short till tomorrow's news, closed one in profit.
Read in between the price!!!
  • #1,116,039
  • Jun 13, 2017 7:32am Jun 13, 2017 7:32am
Quoting Connors
{quote}I tremble like a newly wed virgin chick on her first night with the hubby while taking shorts (off) before it gets to.......
That's awful Conners.
  • #1,116,040
  • Jun 13, 2017 7:34am Jun 13, 2017 7:34am
Quoting swing 123
{quote} That's awful Conners.
Pls stick to the topic...
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