The wind is changing

Nov 25, 2016 at 10:20
Vistas 2,812
68 Replies
Miembro desde Feb 22, 2011   posts 4862
Nov 25, 2016 at 10:20 (editado Nov 25, 2016 at 10:18)
Today is sort of breaking point.
Pairs are going to change its direction.
Miembro desde Mar 25, 2015   posts 71
Nov 27, 2016 at 07:43
togr posted:
Pairs are going to change its direction.

Which pairs and why do you think so?
Miembro desde Feb 22, 2011   posts 4862
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.
Miembro desde Jun 18, 2013   posts 52
Nov 28, 2016 at 08:38
I agree, yen pairs seem to be reverting their directions
buy low sell high
Miembro desde Feb 12, 2016   posts 522
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.
Miembro desde Dec 11, 2015   posts 1487
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.
Miembro desde Feb 12, 2016   posts 522
Nov 28, 2016 at 16:06
You did good mlawson71 that clearing for the months end put a lot of pressure so early. Didn’t expected it though it looks quite bearish now.
Miembro desde Feb 22, 2011   posts 4862
Nov 29, 2016 at 08:02
Market was calm today despite Draghi
Miembro desde Apr 17, 2015   posts 64
Nov 29, 2016 at 08:11
Yes, let's see how it goes after the NFP tomorrow.
Knowledge is king!
Miembro desde Mar 25, 2015   posts 71
Nov 29, 2016 at 15:14
togr posted:
My systems showed that.
I trade mainly EURUSD.
It was dropping till breaking point.
Since then it is rising.

Got it, thanks for the clarification! 😄
Miembro desde Feb 12, 2016   posts 427
Nov 30, 2016 at 16:53
Do you guys think that most of the pairs will go in the opposite direction during the NFP? It seems for now this will happen. Nothing sure, but I just want to be prepared when the fast movements start.
Accept the loss as experience
Miembro desde Feb 22, 2011   posts 4862
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.
Miembro desde Jun 15, 2015   posts 52
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.
Miembro desde Sep 15, 2016   posts 24
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.
Miembro desde Jul 13, 2016   posts 36
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?
Miembro desde Aug 27, 2017   posts 994
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.
Miembro desde Feb 22, 2011   posts 4862
May 01, 2018 at 12:34
We will see what brings FOMC statement and NFP this week
Miembro desde Dec 11, 2015   posts 1487
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.
Miembro desde Feb 12, 2016   posts 522
May 03, 2018 at 13:52
The volatility will raise and small time frames offers some nice short term opportunities :)
Miembro desde Aug 27, 2017   posts 994
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).
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