- Search Metals Mine
- Takisd replied Jun 30, 2017
Here is my reply - If you don't know how the USD index is calculated, don't run your mouth. If EUR is strong and EUR/USD goes up, index will always go down regardless of the strength behind USD. It is not a strength indicator it is a lagging ...
EURUSD
- Takisd replied Jun 30, 2017
So, Draghi talked about excess growth, however, there is no excess growth. Which is why I see this as fragile. It is simply the herd chasing an algorithm who read the words first with size. Today we had some light data that showed that growth infact ...
EURUSD
- Takisd replied Jun 30, 2017
If you had traded against the loudest voices in FF (the ones screaming 1.15 and to the moon now) or the ones who were screaming for parity a few months ago, you would be super rich.
EURUSD
- Takisd replied Jun 30, 2017
The bears look very hungry... And I still hold the view that draghis spike was fragile... If the stops get run, it might be a blood bath.
EURUSD
- Takisd replied Jun 30, 2017
So many perma bulls in here. Market rebounding off solid monthly res. Forming new range until more data. 1.10 to 1.15. So far EUR data is not backing up draghi statement.
EURUSD
- Takisd replied Jun 30, 2017
Now we wait for GBP data, it will impact the USD direction as GBP has been holding up a little better than EUR. It is possible they are holding it to short the liquidity of the announcement so that they get good prices. Stops are tight and end of ...
EURUSD
- Takisd replied Jun 30, 2017
Trying doing your wave cycles on larger TF's, short term waves can be very small and provide false hope and are very dependent on bar ranges.
Pivot Trading
- Takisd replied Jun 30, 2017
I think EUR is going to struggle to move on any positive data for EUR, but positive data from the US will likely force the retrace so that real data can be the driver for EUR strength. Today I think is a retracement day waiting for confirmations ...
EURUSD
- Takisd replied Jun 29, 2017
This is starting to remind me of the move from 1.15 - 1.10 and everyone was saying "parity tomorrow"
EURUSD
- Takisd replied Jun 29, 2017
I have maintained my view that this speech based move is unsustainable and fragile. If someone causes a USD rally, I think that the down move will be strong given its start location. HOWEVER, if the monthly bar doesn't close with a significant ...
EURUSD
- Takisd replied Jun 29, 2017
Just quit FX mark, do yourself a favor save yourself the time.
Pivot Trading
- Takisd replied Jun 29, 2017
You're an idiot, the rule is to add to winning when price action dictates. You also take into consideration trend and etc. Its not a mechanical system so everything you said with your ego is complete garbage.
Pivot Trading
- Takisd replied Jun 29, 2017
if day close is 1388 or below, i expect a bearish week/month as of next week. If it closes near highs, I have no projections. Too much resistance to know.
EURUSD
- Takisd replied Jun 29, 2017
I liked the GDP number going into NFP next week. It reinforces the near term rate rise and i think that is more important than tapering rumors.
Pivot Trading
- Takisd replied Jun 29, 2017
Looks like someone is setting up a good short position based on the price action.. those stops were protected well but it got absorbed...
EURUSD