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fxsport replied Feb 24, 2022Well after 4 hours I have come to the conclusion that I was WAY too early!!!
I added more positions and I intend to HOLD until/unless price violates 1.1080 - yeah that low of 1.1103 was scary!
image As a disclaimer ...EURUSD only
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fxsport replied Feb 24, 2022Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets."
EURUSD only
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fxsport replied Feb 24, 2022Long here Looking for a quick re-tracement back to the 1.1300ish for TP image
EURUSD only
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fxsport replied Feb 17, 2022Question: Anyone have any idea WHY EU is stuck ? Is that a catalyst in the near future that I'm missing? I'm short EU
Real Trading
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fxsport replied Feb 16, 2022What's to focus on while waiting for the FOMC minutes????? PERSONALLY I LIKE that map and found it interesting - maybe there is something in the "ley lines" in that part of the world Maybe next time you shoot that person a message rather than ...
EURUSD
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fxsport replied Feb 11, 2022Hahaha, the days of emergency meetings and interest rate surprise raises are long gone along with Paul Volker. No Bullard was sent to prepare the equity markets for a 0.50% rate increase in March.
EURUSD only
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fxsport replied Feb 3, 2022Actually I think most people will be surprised at how few rate raises there will actually be. Let's face it folks when rates go from 0.25% to 1.0% it won't be THAT big of a deal. Life will go on for ordinary people, it is only those "traders" who ...
EURUSD only
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fxsport replied Feb 3, 2022Higher? Really? Why? With the BOE raising rates and 4 members wanting a 0.5% rate increase it puts MORE pressure on the ECB to raise which they have NO INTENTION of doing. So how does this affect EUR/USD? Wait till all the talking heads say, "Well ...
EURUSD only
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fxsport replied Feb 2, 2022You bring up a great point about the ECB meeting. I've read that people are talking about a "hawkish" ECB based on the latest data; I say baloney! The ECB numbers don't mean squat to the EU as they intend to keep rates at/near zero for quite some ...
EURUSD only
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fxsport replied Feb 2, 2022I understand how you feel completely! I'm way underwater since yesterday but I attribute that to ME jumping the gun and getting short too early. I wouldn't expect EU to do much today as it is close to it's ADR. I personally think that the US stock ...
EURUSD only
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fxsport replied Jan 31, 2022EVERYTHING IS POSSIBLE!!! 1.1300 is, IMHO, not very likely anytime soon. WHY?? One need only look at interest rates where is USD and where is EUR? Which currency will be hiking and which currency has no intention of hiking? Now I KNOW there are ...
EURUSD only
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fxsport replied Jan 28, 2022While I would normally look forward to the last hour of trading no this week - out at last. Good luck fishing, just don't be like the "Old man and the Sea" image
EURUSD only
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fxsport replied Jan 28, 2022Dear mtako, I'm not talking long-term just today. In fact if you click on that site now USD is stronger than EUR; so it does change as the day progresses. It just goes to show that there are subtle differences that I'm still "learning". For example ...
EURUSD only
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fxsport replied Jan 28, 2022Today EUR is the strongest of the major currencies (according to this site url ) What I don't understand is WHY? All the talk of a possible incursion with Russia should be a negative EUR is no where NEAR raising rates like will happen in the USA in ...
EURUSD only
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fxsport replied Jan 28, 2022image I think that EU will end the week at 1.1130 but hey what do I know?
EURUSD only
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fxsport replied Jan 27, 2022Great question so let's dive in shall we? First ask yourself WHO benefits from a war? 1. OIL - hence the huge run up; wars always generate a need for fuel and this is no different 2. Russia - no effect on EU 3. Ukraine - see #2 4. USA - NOPE! so ...
EURUSD only
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fxsport replied Jan 27, 2022Big reports pending. Any greater than expected GDP will send EU down. 5% or less will produce a bounce. Long here.
EURUSD only