The wind is changing
Member Since Feb 22, 2011
4862 posts
Nov 25, 2016 at 10:20
(edited Nov 25, 2016 at 10:18)
Today is sort of breaking point.
Pairs are going to change its direction.
Pairs are going to change its direction.
Member Since Feb 22, 2011
4862 posts
Nov 28, 2016 at 07:36
My systems showed that.
I trade mainly EURUSD.
It was dropping till breaking point.
Since then it is rising.
I trade mainly EURUSD.
It was dropping till breaking point.
Since then it is rising.
Nov 28, 2016 at 10:55
Yes seems like it, waiting for the American Session to start as they were on holiday Thursday and Friday. Waiting for a pullback in the EURUSD so I can buy. Buy Limits already set around the 1.06 area maybe will move em up depending on the situation.
Member Since Dec 11, 2015
1487 posts
Nov 28, 2016 at 11:59
I had a short on EUR/USD earlier today and I just closed it. I don't intend to open longs for now.
Member Since Feb 22, 2011
4862 posts
Nov 29, 2016 at 08:02
Market was calm today despite Draghi
Member Since Feb 22, 2011
4862 posts
Dec 01, 2016 at 08:21
I believe market will move both sides. In any case people still believe FED will increase the rates in DEC so good NFP number will confirm the cause and USD can skyrockets.
Dec 01, 2016 at 11:04
togr posted:
I believe market will move both sides. In any case people still believe FED will increase the rates in DEC so good NFP number will confirm the cause and USD can skyrockets.
Yes, I think it EURUSD may fall about 100 pips after the NFP if we see a better number announced.
Member Since Sep 15, 2016
24 posts
Dec 01, 2016 at 12:44
EURUSD is range bound since there are a lot of uncertainties going on over Euro zone political stability. Moreover Italy referendum is also lined up and a rejection for proposed constitutional reforms can unleash confidence in the euro zone economy, which definitely can take euro down from its consolidation range. Right now, investors are just being sidelined, refrained to put any major positions before the major events. the recent short term rebound is just due to value buying in Euro and profit booking in USD and indeed if NFP comes better than expected it can test its psychological level of 1.05 again as Higher fed rate hike expectations can drive dollar in further bullish territory.
Dec 13, 2016 at 07:39
togr posted:
I believe market will move both sides. In any case people still believe FED will increase the rates in DEC so good NFP number will confirm the cause and USD can skyrockets.
If the market moves in both directions it could be, in a way, beneficial to investors?
Member Since Aug 27, 2017
994 posts
Apr 29, 2018 at 06:36
tradfred posted:togr posted:
I believe market will move both sides. In any case people still believe FED will increase the rates in DEC so good NFP number will confirm the cause and USD can skyrockets.
If the market moves in both directions it could be, in a way, beneficial to investors?
For the short term trader like, the scalpers; definitely, it is.
Member Since Feb 22, 2011
4862 posts
May 01, 2018 at 12:34
We will see what brings FOMC statement and NFP this week
Member Since Dec 11, 2015
1487 posts
May 02, 2018 at 14:54
I forgot the they're this week, good thing you reminded me. Thanks for that. Let's hope there'll be more than whipsaws.
Member Since Aug 27, 2017
994 posts
May 07, 2018 at 06:51
BaldoN posted:
The volatility will raise and small time frames offers some nice short term opportunities :)
Yes, I am also looking for scalping opportunities here (in the upcoming week).
