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- TataFara replied Apr 15, 2015
What Draghi could say to look dovish that the market does not know? Possibly very very little. Drahi could be neutral, most probably. But what if he mentioned things like euro depreciated too fast and it is undervalued!!!. What if he says something ...
EURUSD
- TataFara replied Apr 15, 2015
The recent price action has screwed up my head. I see every upside movement as fake, and every downside as trap. my hand is shaking I couldnot pull the trigger anymore. I do not know the name of this disease, but I think if I sleep for two days ...
EURUSD
- TataFara replied Apr 14, 2015
The retail sales was a good number, actually, it is the first positive number since three months. The fact that it was not up to the expectation doesnot change the picture that the weather might have the bad effect on Q1 anda rebound in q2 is indeed ...
EURUSD
- TataFara replied Apr 14, 2015
Because the price now set at a major support. The market reaction to the retail sales would be wild. Therefore my advice never enter trade before the news. If you are on the wrong side it is going to be bloody.
EURUSD
- TataFara replied Apr 14, 2015
Before an expected positive important economic news, the market enters two phases, 1. the first phase two to three days before the news, I call it the Greed Phase, where the market price in the expected positive news. 2. The second phase 24 hours ...
EURUSD
- TataFara replied Apr 10, 2015
For the past two days I spent huge amount of time reading so many economic reports, articles, and news trying to find any cause behind the latest euro move lower for almost 500 pips. And I must say that I have not traded this move as I was just ...
EURUSD
- TataFara replied Apr 10, 2015
They have to; regardless of the current economy. Compare it to pa at major support then it has one way to go which is up. Financial markets go through cycles easing then tightening then easing and so on. If you need to ease in the future you need to ...
EURUSD
- TataFara replied Apr 10, 2015
Any one who is pretending to know the future price action with confidence here in this forum is either soo arrogant or has a mental issue by seeing his analysis must come true. As a matter of fact if i know the future just for the next one hour i ...
EURUSD
- TataFara replied Apr 9, 2015
nFP survey is done near middle of each month, so theses numbers will be in April NFP.
EURUSD
- TataFara replied Apr 9, 2015
I think stop hunting might happend between 715 and 730, but I think once 710 is taken stops will be triggered opening the way to 660. ."just my thought . uS job data today might be the trigger to take 710, however, even bad numbers would be an ...
EURUSD
- TataFara replied Apr 9, 2015
as long as it looked tempted for traders to go long, the more I become afraid that the market would stretch it lower. Not a signal just stomach feeling.
EURUSD
- TataFara replied Apr 8, 2015
Little advice: when the market gives you an oppurtunity to correct previous mistake , you must take it and be grateful. If you see the market will continue declining then you will have a time to reanalyze and enter again with better signal. This is ...
EURUSD
- TataFara replied Apr 8, 2015
Wow from you tp it seems you are scalping eurousd for few pips and yet holding your loss for 100s of pips. If this is a real accout then it means your strategy need to be revised you are typical retail trader the ones keeps brokers happy.
EURUSD
- TataFara replied Apr 8, 2015
Too risky, How you know the reaction once NY session opens, euro could slide prior to fomc minutes, remember normally the reaction to the minutes is contrary to that of the meeting. You might be right, but too risky to set a trade just before NY ...
EURUSD
- TataFara replied Apr 7, 2015
euro still in range, 710/1.1000 Bears are not in full control until 710 is taken. Short covering ahead of fomc minutes is expected tomorrow. It is up and down game. Whenever near 1.1 then sell, whenever near 750 either buy or better just stay ...
EURUSD
- TataFara replied Apr 7, 2015
as fomc minutes now clouding over the market, we might stuck in narrow range from 830 to 890. And because the price now is near the low end of this range, I do not recommend shorting from the current level. May be I will short scalp the Asian ...
EURUSD
- TataFara replied Apr 6, 2015
Wheneve I see A divergence between eurusd and usdjpy, I scratch my head.why would doller performs differently in these two pairs. Currently euro could collapse and could as well continue its correction higher, I do not have I clear picture, but what ...
EURUSD
- TataFara replied Apr 6, 2015
Greece issue might keep Euro capped this week around 1.1100, even if all other factors and sentiments favor euro . I see that most people and economists see 1.12,1.13 and even 1.15 levels are on table if euro extends its correction, but I think this ...
EURUSD
- TataFara replied Apr 6, 2015
Frankly I don't know, and no one does. It is only probability. Which is only valid today, not on Tuesday, where fireworks expected. I will buy or sell only today and only after all news are released, using tight stop loss it is not much risk.
EURUSD
- TataFara replied Apr 6, 2015
For me no need to guess!!!! I buy when price reaches 0955 and will sell when it reaches 1055, with tight sl around 10 pips. If things go against my range theory and price break these levels, I will follow the price.
EURUSD