Why is everybody expecting the EUR/USD to rally?

:smiley: Funny…

Sadly not… It’s all rather serious haha

hey pip,

i have to admit i never seen any of your videos but dont think anything wrong, it is not because im not interested it is simply because my speakers system on my computer broke down in december and i was simply too lazy to fix it by now.

but u know what, now that you force me i will fix it tomorrow or the day after and watch your video!

-= talking to myself: damn a forum forcing me to drive to media store and put up with traffic and annoying people in downtown :17::17::28: =-

edit: by the way; i liked ur old pic more then the buddha, you look good, you dont need to hide behind a pink buddha

Haha how can you survive with no sound on

the computer …I would get the jitters :wink:

No worries, you are not missing much, just

me babbling on about currencies, you know

the kind of thing ;p

Thanks, may the buddha wish you strength

on your downtown adventure haha

dont know what im missing but i definately want to see what youre up to in your videos :smiley:

seems i was right, Eur/Usd going down nicely today. to bad im not trading forex and didnt make any profit on that :frowning:
and Toekan hitted his guess perfectly, went to 1,147something and turned around,i hope you managed to get in at that point Toekan :smiley:

if i were in that trade now id definately stay till 1,075 minimum. take some nice 700 pips profit

Yes, I entered short @1,1425. :slight_smile:

Objective was to test the script and that was a success as well. Found some errors that made me miss some set-ups, but it is working fine now. So Yesterday was a happy day, allthough a loss due to the error, but that was recovered today. :slight_smile:

I am waiting haha

For today, EUR/USD failed to break below the $1.193 swing low on Wednesday, with the pair instead rallying back towards the recently respected $1.1286 resistance level.
We are awaiting a breakout from this range as a signal of where we go from here, and until such a break happens we are likely to remain rangebound.

The USD way overshot the upside on the price charts, obviously.

All the most watched markets attract predictors. And they all want to say something of interest. If a price is falling, who would be interested in reading that price has been falling and price is still falling and price is going to continue to fall? Nobody.

Predictions of dramatic price rises are interesting as they are news, they mark a contrast and most people reading are not already invested. So whenever price falls, predictions appear that it is about to rise. But these things mean nothing - unless you believe its always right to buy something whose price has fallen - because it has fallen. In which case the further price has fallen, the more urgent the need to buy now.