EUR/USD
Membre depuis Jun 08, 2014
posts 454
Dec 03, 2015 at 18:34
EUR/USD spiked suddenly and rose over 400 pips and now we are back to test 1.100.
Membre depuis Nov 12, 2010
posts 174
Dec 03, 2015 at 18:41
sherifFares posted:
EUR/USD spiked suddenly and rose over 400 pips and now we are back to test 1.100.
Why does everyone post the obvious? Can we not get something more, predictions and charts showing why you think it is going to hit a certain price. Sheesh...
See my profile or message me for my latest EA
CrazyTraderfx (CrazyTrader)
Membre depuis Nov 21, 2011
posts 1718
Dec 03, 2015 at 19:04
bestdarngood posted:sherifFares posted:
EUR/USD spiked suddenly and rose over 400 pips and now we are back to test 1.100.
Why does everyone post the obvious? Can we not get something more, predictions and charts showing why you think it is going to hit a certain price. Sheesh...
You must follow the right guys... Switch thread below !
Dec 03, 2015 at 22:03
Looking at what was said and from most comments, did most of you get wiped out? It was such collection of one-sided views that I couldn't help but think of some of you here a few times today. I didn't expect anything like that but some of the people here were way too focused on technical charts and patters that couldn't help it. When you have a major central bank in a QE who cares about technical info?
Dec 03, 2015 at 22:07
(édité Dec 03, 2015 at 22:07)
And whoever says don't trade news, is plainly stupid. A major central bank, ie a G3 CB, is THE news, the QE and the market in many instances. In an artificial world where both equities and bonds move in the same direction, where you have massive correlations ignoring a change in markets, means you gonna get caught in whatever it is, a tantrum, a position reallocation or whatever. I just don't get the current spat of massive text book-like volatility either, but for sure relying on technical analysis alone, I don't get that either.
Membre depuis Nov 12, 2010
posts 174
Dec 03, 2015 at 22:13
I did not get wiped out and made quite a bit. I had 11 round trip trades today with my EURUSD EA. Only one of them was bad (first Buy) since the market took a huge dive before resuming the uptrend.
Same EA as I am letting others try out for free. See link below if you are interested. No emotion required to make profit, just a good EA.
https://www.myfxbook.com/community/general/sharing-my-ea/1066874,1
Same EA as I am letting others try out for free. See link below if you are interested. No emotion required to make profit, just a good EA.
https://www.myfxbook.com/community/general/sharing-my-ea/1066874,1
See my profile or message me for my latest EA
kieran (snapdragon1970)
Membre depuis Sep 12, 2015
posts 1948
Dec 04, 2015 at 00:42
Reading the above messages,trading the news is risky business,its certainly not for beginners,I ignore the first 10 minutes at least until a trend starts,I would have been wiped out otherwise by the spike down.I know professional traders who will not trade the news,they stick to a steady income over time and they are certainly not stupid! as for technical's around major releases is a waste of time,the mood moves the direction until that mood changes.Asia markets push the euro higher on the opening,next year is going to be a roller coaster ride.
"They mistook leverage with genius".
Dec 04, 2015 at 07:54
On Thursday session the euro recorded significant gains against the dollar as the intraday erased most of November’s losses. The euro retained its growth today against other major currencies after yesterday recorded its biggest one-day rise of nearly seven years amid weaker than expected stimulus from the ECB.
keith Mellor (Sceadagenga)
Membre depuis Jan 31, 2014
posts 83
Dec 04, 2015 at 09:11
So predictions are required - Well here goes.
The Euro will continue after a brief rally to consolidate around about the 16th as we head towards the Christmas lull.
Then in January Super Mario will say nothing and the interest rate will remain the same and the Euro will head to 1.06.
The BOE & the Fed will raise interest rates and push futher pressure downward on the Euro to 1.05
On the other hand ........
The Euro will continue after a brief rally to consolidate around about the 16th as we head towards the Christmas lull.
Then in January Super Mario will say nothing and the interest rate will remain the same and the Euro will head to 1.06.
The BOE & the Fed will raise interest rates and push futher pressure downward on the Euro to 1.05
On the other hand ........
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
kieran (snapdragon1970)
Membre depuis Sep 12, 2015
posts 1948
Dec 04, 2015 at 09:22
Super Mario wasn't so super yesterday for the swinging dicks on wallstreet.
"They mistook leverage with genius".
keith Mellor (Sceadagenga)
Membre depuis Jan 31, 2014
posts 83
Dec 04, 2015 at 09:26
The power of the crystal ball, casting the runes and chucking my mothers finger bones point to the next moves on all things Euro.
The tongue in the cheek is wasted.
The tongue in the cheek is wasted.
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
kieran (snapdragon1970)
Membre depuis Sep 12, 2015
posts 1948
Dec 04, 2015 at 09:29
Where in the UK are you?
"They mistook leverage with genius".
keith Mellor (Sceadagenga)
Membre depuis Jan 31, 2014
posts 83
Dec 04, 2015 at 09:32
God's County - Yorkshire
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
kieran (snapdragon1970)
Membre depuis Sep 12, 2015
posts 1948
Dec 04, 2015 at 09:43
never been to that part of the UK,mate from that part,Yorkshire pudding,lol
"They mistook leverage with genius".
PERPETUUMMOBILE (PERPETUUMMOBILE)
Membre depuis Oct 08, 2011
posts 137
Dec 04, 2015 at 10:13
Where prices will go next is irrelevant when trading price bar formation. You trade what you see on the charts (that's the rule) - and not what you or others' think.
That's why we don't bother guessing where prices will possibly be in 6 months from now.
But consider this...
The USD, CAD & Mexican Peso will disappear from the face of the earth, and will be replaced by a new currency, called the 'AMERO'.
This could happen pretty soon, potentially before the end of Obama's term.
And he's got less the 12 months left.
When looking at the DJIA long/term charts, chances are that this may be the beginning of a massive and extended down-turn - below 10,000 - over the next 12 to 24 months.
This would extremely weaken the USD - a perfect opportunity to make the $$ disappear for good.
And a new game shall begin... EUR/AMERO/YEN/CNY
The EUR still has a couple of open GAPs at around 1.2000
That's why we don't bother guessing where prices will possibly be in 6 months from now.
But consider this...
The USD, CAD & Mexican Peso will disappear from the face of the earth, and will be replaced by a new currency, called the 'AMERO'.
This could happen pretty soon, potentially before the end of Obama's term.
And he's got less the 12 months left.
When looking at the DJIA long/term charts, chances are that this may be the beginning of a massive and extended down-turn - below 10,000 - over the next 12 to 24 months.
This would extremely weaken the USD - a perfect opportunity to make the $$ disappear for good.
And a new game shall begin... EUR/AMERO/YEN/CNY
The EUR still has a couple of open GAPs at around 1.2000
"a little bit of knowledge is a dangerous thing"
Hugo ONeill (honeill)
Membre depuis Apr 08, 2014
posts 1141
Dec 04, 2015 at 10:29
Yesterday the made a massive rally of 321 pips and closed near the high of the day although shy below the 50-day moving average after the European Central Bank disappointing high market expectations for greater stimulus.
Today we will have the non-farm payrolls and unemployment rate in the US, also being another market mover.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1078 (resistance), the 50-day moving average at 1.0931 (resistance), 1.0900 (Support) and 1.0819 (support).
Today we will have the non-farm payrolls and unemployment rate in the US, also being another market mover.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1078 (resistance), the 50-day moving average at 1.0931 (resistance), 1.0900 (Support) and 1.0819 (support).
"I trade to make money not to be right."
keith Mellor (Sceadagenga)
Membre depuis Jan 31, 2014
posts 83
Dec 04, 2015 at 10:34
Aye - Ecky Thump and all (The Goodies).
Providers of the best cricketers England fields.
Champions for independence and our own currency tied with Wensleydale Cheese exchange rate
Micro Breweries galore.
Hills, Dales and rugged country to walk, climb & explore. Tourist Info courtesy of Yorkshire Airways (Hale & Pace). Departing Leeds Airport - Arriving Leeds Airport (Cos if it ain't in Yorkshire then it's not worth visiting)
Where you from ? - give us the grand tour Snapdragon
Providers of the best cricketers England fields.
Champions for independence and our own currency tied with Wensleydale Cheese exchange rate
Micro Breweries galore.
Hills, Dales and rugged country to walk, climb & explore. Tourist Info courtesy of Yorkshire Airways (Hale & Pace). Departing Leeds Airport - Arriving Leeds Airport (Cos if it ain't in Yorkshire then it's not worth visiting)
Where you from ? - give us the grand tour Snapdragon
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Membre depuis Jan 18, 2012
posts 28
Dec 04, 2015 at 11:00
careful approaching NFP news.. it might be massive selling of EurUSD if the NFP data results good.
high volatility expected.
high volatility expected.
discipline and dont be greed.
