Yea seems like there is that bounce chance. Thats still a ways down and a long way till any kind of recovery. RSI on 1 hour and 4 hour very overbought on EUR/USD. If retail still holding sells its pain all way round.

New Cable Thread & Other Pairs

The USD is in pretty bad spot now. Sad to see that the feds are playing the games. Election years are always skewed one way or another.

New Cable Thread & Other Pairs

I mean they aren't wrong given the past when they messed up estimates pretty bad. Still seems they trying to sell a narrative. Which is cool either way just had some big moves last few days. A cool off/retrace would be nice.

EURUSD only

Question on Unemployment Claims set for tomorrow. Does the 219k forecast from 231k previous seem low? Like they trying to stay well below what it will actually be? That could cause more upward pressure on EUR/USD right?

EURUSD only

Seems like sell and buy algos on the 5 min chart just doing their step downs and step ups. Volume dissipating as NY trading day goes on.

EURUSD only

I feel your pain but market in end does what it wants. Sometimes best to just follow the trend. Think the saying is trend is your friend. I didn't and currently I am down pretty bad but I am keeping my chin up and will let this play itself out.

EURUSD only

Really hoping this push turns into that shooting star today. That would be sweet for the bears. Long way to go though.

New Cable Thread & Other Pairs

Oh so close to that margin call lol. No other choice now but to wait and see. Might take a day a week or a month who knows. Not to stressed about it.

New Cable Thread & Other Pairs

Hoping we make a bull trap at some point...

EURUSD only

Yea looking like maybe a rate cut in the mix after all. Just means we are going to be stuck paying more for everything for a longer period of time.

New Cable Thread & Other Pairs

All my free money is bet....see if I can get my first margin call on my account hahaha. Hopefully its a whipsaw before going down.

New Cable Thread & Other Pairs

Hoping for one of these to develop in the chart. One time it didn't have a couple red days in a row....but majority did. Hoping this is bull trap. Even if its red we have seen that news can not matter like yesterday.

New Cable Thread & Other Pairs

Price action is just comical at this point lol.

EURUSD

I personally have not felt any easement in the inflation here in the US. In fact its gotten worse these last few months. So yea I don't buy the data saying it's getting better here or even under control. Daddy powel can keep telling his stories lol.

EURUSD only

Looks like they going to just keep walking it for up. Guess I got to cut for a loss. Some times your just a loser for the day. Is what it is. Tomorrow is another day but not sure even if numbers come in and are in favor for the USD to recover if it ...

EURUSD only

I feel like my losses keep me humble and gives me that reality check that I dont control anything but my my emotions and risk. Market do what market do.....im just hear for the ride one way or another.

Cable Update (GBPUSD)

Feeling like a push.....i hope it gets back up to the 1.08 area so i can get a good short position.

Cable Update (GBPUSD)

That why for the NZDCAD call out? Looks beat down and still at a couple month low. Weekly also showing a higher low seems.

Cable Update (GBPUSD)

Isn't it considered a bull flag when then pole of the flag is bullish and the flag is a bull channel down? Just thinking out loud. Still new to forex trading.

EURUSD only

you think we have enough time to hit that weekly trend line before we go into that down trend? I was thinking of starting to ease in at today's high if we get there then average up for a drop.

New Cable Thread & Other Pairs