- Search Metals Mine
-
newbegger replied Jan 17, 2018I have that round number thing in my head so I am watching 1.2200 on lower time frame to see if the bulls defend it. image
EURUSD only
- newbegger replied Jan 16, 2018
Still has the bullish bias. This move down looks more like consolidation than a correction.
EURUSD only
- newbegger replied Jan 16, 2018
You should never go against the trend when the market is trending. You can go with the trend or against the trend when market is ranging. Is it HH-HL or LH-LL (trend) or is it HH-LL (range) in the time frame(s) you are trading? The key is knowing ...
Never Go Against the Trend?
- newbegger replied Jan 14, 2018
image Very little movement on the open. As hard as it popped Friday, I was expecting a gap (up or down) but instead steady as she goes. I think the bulls are in charge.
EURUSD only
- newbegger replied Jan 14, 2018
No problem. I wish the best of luck to all here in this thread. Over and out.
Pivot Trading
- newbegger commented Jan 14, 2018
Corporate USA complains there are not enough "qualified" workers. And the FOMC and most US politicians believe them. So very often these speakers sound like half-wits. And some times these people are half witted, book smart but no common sense.
Fed's Boston President Rosengren: Further jobless rate drop risks undermining recovery
- newbegger commented Jan 14, 2018
Yes. And for some reason the FOMC believe they can effect companies employment policies. You have to remember that most of the FOMC members have never had a job in for-profit companies and are clueless to how employment works. They think "Tenure" is ...
Fed's Boston President Rosengren: Further jobless rate drop risks undermining recovery
- newbegger commented Jan 14, 2018
The words "former" Federal Reserve governor Randy Kroszner should be a clue that this is an article not to be taken seriously. Just counting clicks for ad revenue and entertainment, generating income for publisher
One former Fed governor is worried that no one is worried about the strong economy
- newbegger replied Jan 14, 2018
Looking for patterns in random price movement, are we? You seem to lack a conviction to your theory that price is random jmn5611.
Pivot Trading
- newbegger commented Jan 12, 2018
Decreased joblessness is the new politically correct term for less workers being employed in the US (falling U-6).
Fed's Boston President Rosengren: Further jobless rate drop risks undermining recovery
- newbegger replied Jan 12, 2018
“Difficult to see. Always in motion is the future” - Yoda In my mind this looks like a mover looking to establish a trend direction for 2018 for Euro. So I agree, does not have the feel of pump and dump.
EURUSD only
- newbegger replied Jan 12, 2018
This was a well executed campaign to get it above 1.21 (the gap from back in Dec 2014). They first moved it after on WED. when market had no news. Then on Thurs with what was good news for USD the Fed balance, they pushed it up hard, really hard, to ...
EURUSD only
- newbegger replied Jan 5, 2018
image looks like the candle stick is pointing the way going up?
EURUSD only
- newbegger replied Jan 4, 2018
Was not meant to be! Alas, I had a gut feeling this would stop out. I was carrying this as long term trade and my only long term trade into the New Year. Happy trading in 2018. I will re-join the fun next week
NZD/USD
- newbegger replied Jan 4, 2018
When the market ignores bad news, usually goes higher (Fund). Chart pattern bullish engulfing eating the bearish engulfing (Tech). If normal trade today which is resting before NFP, this daily bar should close around here. do not have a horse in ...
EURUSD only
- newbegger replied Jan 3, 2018
Small longs at 1.2531. Trade is light and anyone with 50 lots or more can move this market, but I am still willing to take a chance. After long relentless decline there is bound to be profit taking soon. image
USD/CAD
- newbegger replied Dec 29, 2017
Would not surprise me at all if history did not repeat. Not playing in, just sayin' image
EURUSD
- newbegger replied Dec 29, 2017
I prefer to stay out of the wind rather than hang on to my hat. Been out in the storm before and prefer to be safe. If I were to take a position, it would be very small as market can gap past your stop and keep going while your broker is closed up ...
EURUSD