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Rag2RichesFX replied Dec 20, 2015the spread between commercials and large speculators is the thinnest it has been in a decade
EURUSD
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Rag2RichesFX replied Dec 20, 2015yes 1055 as well, has potential nearly entered at 1051 with SL 1049, would have worked, but decided only to go with 1055 and SL 1045
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Rag2RichesFX replied Dec 20, 2015yeah I'm long for 0970ish alternatively on break of 0800 I think it'll go monthly pivot 0724.
EURUSD
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Rag2RichesFX replied Dec 20, 2015just have to play the probabilities.. history says bounces happen when COT looks like it does now the spread is as thin as it has been in a decade
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Rag2RichesFX replied Dec 20, 2015we had sustained daily close below 1180 at 1132, and it bounced back much higher than 1180 we had sustained daily close below 1132 at 1072, and it bounced back much higher than 1132 now we have sustained daily close below 1072 at 1045 low, and i'm ...
EURUSD
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Rag2RichesFX replied Dec 20, 2015confident UCAD will spike into this range and make a weekly doji.. probably 1.4150ish then a big sell off (200-300 pips) like i said, plan is to sell strength this week i may start my selling before 1.41, just depends on price action on the 4 hour ...
EURUSD
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Rag2RichesFX replied Dec 20, 2015it could go lower eventually, sure it could. but we already have double bottom with hidden divergence on daily and regular divergence on weekly (and monthly) and tech support level 1045 with trendlines and 610 week fibonacci EMA sitting at 1048 ...
EURUSD
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Rag2RichesFX replied Dec 20, 2015last gold chart, weekly everytime we make fresh lows we bounce back above them before going to fresh lows again, doubt this time will be different, especially because the tech. support is even stronger than any previous bounces (1180, 1132, 1072)
EURUSD
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Rag2RichesFX replied Dec 20, 2015apparently they dont like decimals... it frustrates me too it applies to % gains/losses as well. it shows a 0.06% gain as a 0.1% gain and a 0.04% gain as a 0.0% gain.... cmon FF just add decimals!
EURUSD
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Rag2RichesFX replied Dec 20, 2015these trades are something like 1.5:1 leverage and not 2:1... but FF rounds them up. but when it totals for all positions, it takes into account the real number (1.5:1)
EURUSD
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Rag2RichesFX replied Dec 20, 2015could very well look back in a couple years and say "that was the day gold bottomed" has good technical prospects. keeping long from 1055 for minimum 1132, or SL 1045... RR is about 8:1 sitting right on 12-year EMA with divergence and a strong ...
EURUSD
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Rag2RichesFX replied Dec 18, 2015fundies are a leading indicator, price lags price will readjust to expectations of future fundies. just as happened from 2013 to present with the combination of QE tapering and Hike speculation beginning, and ECB QE. i guarantee you at some point in ...
EURUSD
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Rag2RichesFX replied Dec 18, 2015yesterdays 4h chart and todays daily. if this doesn't look like a double bottom with $50++ upside potential, i don't know what does. so i am letting this run
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Rag2RichesFX replied Dec 18, 2015that's what mainstream wants you to believe, however, history says tightening cycles are bearish for the USD back on NY schedule for now, no London today goodnight
EURUSD
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Rag2RichesFX replied Dec 18, 2015left a tiny one in play small orders waiting in semi-grid fashion, if we spike while im asleep (doesn't seem likely, this UCAD should be done for, at least until we get a major drop)
EURUSD
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Rag2RichesFX replied Dec 18, 2015USDCAD.. OUT @3922 could drop like a rock to 3860 but i don't care, happy with these pips, could just as easily go to 4050 and that would be no fun stacked some sell limits up there for sleep time if we see a final spike.
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Rag2RichesFX replied Dec 17, 2015funda doesn't always dictate price. okay maybe it does. but what about FUTURE fundies, when current fundies are already priced in? what was once seen as "wow FED will be starting hike cycle soon!" is now being seen as "rates will rise very slowly, ...
EURUSD