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OnlineAddict replied Aug 21, 2014If this manages to close above 6600, that would be a nice bullish sign for tomorrow.
Cable Update (GBPUSD)
- OnlineAddict replied Aug 21, 2014
You should be watching 3470-3500, only if that breaks, you may have a chance, but that level is protected heavily right now. It can't even touch 3450. I hope for you it will go there, because I prefer to trade a bullish euro, just a habit.
EURUSD
- OnlineAddict commented Aug 21, 2014
Even now people/banks can't afford to pay their debts. If the rate was higher and they had to pay even more, the whole country would bankrupt. There is no way out of this, now its a circle and taxpayers will keep paying for this shit until forever. ...
Philly Fed Surges To Highest Since March 2011 Despite Plunge In Jobs & New Orders
- OnlineAddict commented Aug 21, 2014
Talk numbers to me, not fib %. lol
Existing-Home Sales Continue to Climb in July
- OnlineAddict replied Aug 21, 2014
The bearish trend is your friend, but do you want to end up in a big drawdown before you make profit? You have to choose according to your leverage and trading plan.
EURUSD
- OnlineAddict replied Aug 21, 2014
I only set a pending short, because everytime this happened in the past, the move was so quick, it was impossible to enter manually. Last time I remember when bears couldn't break 3650, it was stuck around 3650 for 2 days I think...then pretty much ...
EURUSD
- OnlineAddict commented Aug 21, 2014
Whats your final target?
Existing-Home Sales Continue to Climb in July
- OnlineAddict replied Aug 21, 2014
Position or not, what if this goes down below 6400? That would be a big ass drawdown. Sometimes its good to know when to exit and look lower, if bullish. Who says position traders can't look for better entries?
Cable Update (GBPUSD)
- OnlineAddict replied Aug 21, 2014
Pending short 3382, maybe it will get hit tomorrow or monday, maybe not.
EURUSD
- OnlineAddict replied Aug 21, 2014
Me neither, it will probably change to no impact from red after the speech.
EURUSD
- OnlineAddict commented Aug 21, 2014
Because both EU and GU are at major support levels. 3250 on EU won't break on average job data, it won't give up that easily. And the other reason is, the day is bullish.
US Unemployment Insurance Weekly Claims
- OnlineAddict commented Aug 21, 2014
Charts, look at your charts.
US Unemployment Insurance Weekly Claims
- OnlineAddict commented Aug 21, 2014
3250 won't go easily, just like 3500 didn't. If you remember, we had to go from 3504 to 3699 to be able to break 3500. Not saying we need to go 200 pips up again, but 100 pips is definitely possible, or a little more. 3333-3366 is a good target.
EURUSD finally pops 1.3300
- OnlineAddict commented Aug 21, 2014
Can, could, may, etc...but in reality they won't.
Fed’s George: broad based jobs gains signal rates can rise
- OnlineAddict replied Aug 20, 2014
He said he thinks 3383 might be hit sooner than 3232, thats why.
EURUSD
- OnlineAddict replied Aug 20, 2014
Yes, it was worth the 5 pips. Now after most stops are gone below 3250, I bet I wake up to 3280.
EURUSD
- OnlineAddict commented Aug 20, 2014
I remember the EU drop from 1.35+ to 1.3350 within those 3 hours after FOMC(I think GU lost over 200 pips in that period). Then another 250+- more pips after that, before the uptrend resumed towards 1.39. Good old days.
FOMC minutes enhances US$ gains