Not even close 
There as rumours yesterday that USDX will go down 
like they say dont follow the crowd lol
Dust hasnāt settled. Very short term myopic views you all have. Wait for the close of the day, that will be the indicator of health.
yo boy, you are the one in charge with stirring ups methink
reconsider attitude, or else youāll hear a couple of things from me and others that you wonāt be able to take to the bank
Ok Thrax, now we have a big sharp dagger falling, Iāve my leather gloves on and fastened - cannot cut me he he -
Nah Iām only joking, only a gambler would jump onto this - then again ā¦myopic view and all ā¦
Nah, just joking, youāre right, Monday is the day - but believe me I am watching the US / German yields like a hawk, seen this all before, US yields rising, German not, usdx falling etc etc.
Comedy gold. Golf clap.
thats good. the fewer the word the better off you do
Well, as I look at price, both the gbp and euro are now in oversold territory on the 4hr. With the euro dropping from overbought to oversold and the gbp dropping from fair price to oversold.
The gbp really needs to break 1.4880 and stay below it today to remain bearish today, itās a key level from the weekly, 28.04.1996 to be precise. If this level holds, well, next week will be interesting. The euro is in a similar situation, needing to break 1.2930 (15.02.2004) to really shout bearish to me.
It will not surprise me if both pairs fight back, now they are bouncing towards these levels. Weāve had the emotional push from the NFP, but the reality and more long term technicals will start to kick in. If they break, hey they break and thatās fine too. The euro has just completed a falling wedge on the 4hr (bullish), and the gbp has just broken a channel down (bullish) the wrong way, I expect the gbp will fight back and try to get back in the channel.
If you havenāt got anything constructive to say, why donāt you just shut up?
Oh boy, what are this fuss about? am I in a wrong thread? lolā¦need a drink on an early Friday? Atleast it is still early from where I am.
are you a chick?
there was a chick who talked to her guy like you do, iāve been told sheās in therapy now.
nobody wonders. it takes years of misuse to get your brain washed like that
Can anyone post these patterns on the chart? I canāt see anything
There is No falling wedges in fundimentals remember?
I agree Peterma, Iāve seen this repeated many times before. Iāve learnt the hard way to stay clear of it until the emotion is out of the market.
I never said donāt use fib ratios, in fact youād be bonkers not to. Iāve only suggested to use them in context and given examples of how to put them in context, but it just appears to be a waste of time. The response has been very disheartening.
For these particular patterns, use the last 60 or so candles on the 4hr. In the end, over time, they will jump out at you, you just need to train your eye for them more. It does take time but itās worth it.
The ICT market structure indicator will definately help you identify the key price points that form the patterns.
āspike and ledgeā pattern in cable 10 min chart,
with technical entry point long at 4935, stop at 4904
for the brave of heart, these are the good risk-reward trades when they work out alright
Best of luck with your trading guys. One or two in particular certainly need it.
fiber 10 min, riptide reversal
long above 2980, stop 2950
note to self: limit orders are my friend!
(I stated them a few pages back)
came back home from a lovely dinner and found my limit short (1.31) order that was triggered late last night (my time), which I just left alone during NFPā¦ is at roughly +8% (in one day) unfortunately I did cancel the second one at 1.3120 before I went to bed last nightā¦ would have been another 8-10%ā¦ but whoās arguing;)
sure makes up for some of the small losses I had the last few weeks.
just wanted to share thisā¦as my other posts are normally more of a sentimental mood.
its been a while since I last bagged some serious pipsā¦ sure can use this one;)
have a good weekend yāall
Remember I was asking earlier about you guyās theories on pull backs?
A floor trader, back in the good old days of paper orders and phones, trading currency futures, noticed often how when price moved sharp like today, afterwards, he would have a bunch of sell orders and no matching buys.
His job was to match them, he couldānt get a chance because price was in fact gapping through some of his orders.
Then he noticed that later - hey price nice and slowly would come back for either those gapped orders or amended slightly down orders - the big guys still like a bargain - no way were they gonna pay the fallen sell price, let the dumb money do that (ie the chasers)
I have shortened the whole story but itās an interesting thought.