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ArbitragAcid replied Oct 25, 2019image This is now the 41st time EURUSD has crossed the 4HR48MA (basically a 1HR200MA) by at least 20 pips this year. In the previous 40 times, 67.5% of those crosses extended away from the 4HR48MA by 60 pips or more. It could thus be said that it ...
EURUSD only
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ArbitragAcid replied Oct 25, 2019Sometimes price can stick around that popular MA. But after one of the longest tallest periods wherein EURUSD remained above it we are likely to see a bit of time below it. Price has largely remained above it since Oct 2. It is likely we could get a ...
EURUSD only
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ArbitragAcid replied Oct 24, 2019image Now we have the first time EURUSD has stricken the 4HR48MA since the 15th of October. If a 4HR candle can close below the 4HR48MA it will be the first time since the 2nd of October. Perhaps then we can have a downward swing over the coming ...
EURUSD only
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ArbitragAcid replied Oct 18, 2019BIGGEST BOUNCE IN 2019 With more than an hour to go in this Friday session we have clocked the biggest bounce this year for EURUSD at 287 pips. image Not only has this bounce outstripped the January, March, and June bounces which were the biggest ...
EURUSD only
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ArbitragAcid replied Oct 18, 2019Damn that is some precise top picking. Man if you get the top within 25 pips you should have a killer return. My short stops are at 1.13050 and higher and I am net negative 115 pips already with my cumulative short at 1.1031.
EURUSD only
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ArbitragAcid replied Oct 17, 2019It could be that the selling pressure up to the end of September was over blown and the current bounce is a lack of selling pressure rather than a rise in buying. I don't pretend to know.
EURUSD only
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ArbitragAcid replied Oct 17, 2019Perhaps agreement is priced in and a snag will reverse things sending EURUSD south. I will hold short until I get my profits or my stops go out.
EURUSD only
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ArbitragAcid replied Oct 17, 2019Since the beginning of 2016, the most significant diversion from the 4HR48MA in EURUSD was June 23rd, 2016 which was the day of the brexit referendum. On that day, the pair rose 74 pips, dove 516 pips, and recovered 278 pips only to go into a range ...
EURUSD only
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ArbitragAcid replied Oct 17, 2019This is now a 260 pip bounce. image The tallest bounce this year was from March 7, 2019 to March 20, 2019 wherein EURUSD bounced trough to peak 272 pips. The second tallest was in June at 230 pips and the third was in January at 227 pips. This ...
EURUSD only
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ArbitragAcid replied Oct 15, 2019image "Two! Two bounces off the 4HR48MA! HaHaHa!" image It can't bounce forever....... ..eventually it will have to cross below.
EURUSD
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ArbitragAcid replied Oct 11, 2019image In June (2019) we had a period that saw highs not seen since March after fairly consistent lower highs and lows from January to the end of May. Since July we have seen consistent lower highs and lows until the recent September 30 low of ...
EURUSD only
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Higher leverage can make trading LESS risky
Started Oct 11, 2019|Trading Discussion|35 replies
You have seen disclosures like this: "Trading foreign exchange on margin carries a HIGH LEVEL ...
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ArbitragAcid replied Oct 11, 2019image Oh boy! So we broke through 80 pips above the 4HR48MA. And now can we get to 100 pips?!?! In the last twelve months we have seen diversion as much as 100 pips above the 4HR48MA only eight times. Currently that level is 1.1076. You know I ...
EURUSD only
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ArbitragAcid replied Oct 11, 2019News is only a half-ass explanation for events which have already occurred.
EURUSD only
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ArbitragAcid replied Oct 10, 2019Dude is low-key bro. image
has anyone EVER seen a successful trader/trading system?
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ArbitragAcid replied Oct 10, 2019image THIRTEEN Maybe fourteen or even fifteen The number of times EURUSD has risen above the 48MAon4HR by 80 pips in the last year. Around once a month we have had that sort of diversion. In all cases shorting there would have been profitable for ...
EURUSD only
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ArbitragAcid replied Oct 10, 2019Bumpity bump bump bam!
And now we have broken through the 1.1000! I can finally get some advantageous shorts on. I added shorts at 1.1015 with an accumulative position short from 1.1011 and limit orders to get more short at 1.1035 & 1.1055. ...EURUSD only
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ArbitragAcid replied Oct 9, 2019Some traders want UP Some teaders want DOWN I want UP AND DOWN image
EURUSD
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ArbitragAcid replied Oct 9, 2019I won't take longs unless we take out 1.1413 (current 100 day high).
EURUSD only