Stoped... that the usual imitation RB game/....Originally Posted by ;
Went long today at 1 19 90 SL 54
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Stoped... that the usual imitation RB game/....Went long today at 1 19 90 SL 54
The PPZ (price pivot zone) in 1.1935 seems to be holding against that and also a retrace toward 1.2068 seems likely. Any thoughts on this?
Ouchquote Stoped... the typical fake RB match/....
Easy way to Check at it Sellers nevertheless in management STOP TRTING TO PINPOINT. A bottom.edge. Until edge is put into WAIT
Yes here's one. EU looking short for today's Europe London and we tonight. Sell only. UNTIL bottom edge
Entry of about 1.20, Target of about 1.1900 but may see 1.1875 being taken now. (Position prices)
Could be a very VERY nice sell off. BUT also a nice buy afterwards
Watch how it plays out but right now 2 hours from open it's looking short. So I will be searching out of open for shorts.
For buying we'd require bottom edge set up.
I don't care whether it goes 100 pips up from this price point . I will not be buying.
https://gyazo.com/b5005b198dae7eb3348dfe6aac620ffb
Very bullish fundamentals
Buyside Goal looking a Possibly
Always be loose
Any traders here
Buyside looking good at gbp pmi
A tight labor market, rising inflation - everything else does the Fed should stick to its own course? That is exactly what it did. In the end it wasn't a major surprise to the market that the Fed abandoned the rate unchanged at the meeting but made remarks that are positive about the prognosis and further rate hikes. The market will need to get accustomed to the fact that in order to prevent an economic overheating interest rates in the US will continue to grow and the Fed#8217;s goal corridor will have attained 2.25-2.50 percent by year-end. The debate of rate differentials will become relevant for the FX market - to the countries and for the Emerging Markets. As a consequence economic information is very likely to be important. And the information might support USD again before the weekend and cement EUR/USD in the region of 1.20 for today.
It's not a drama but it illues the ECB will stay expansionary for quite a while yet. Its debate of8220;solid expansion and so moderate term price increases#8221; is crumbling. The Q1 GDP statistics for the euro zone illued that growth momentum is easing slightly. And now#8217;s inflation statistics for April is not likely to constitute a legitimate argument supporting the euro bulls either. Even if the general rate is very likely to grow to 1.5 percent as a result of rising energy prices the core rate will drop to 0.9 percent. The disagreements surrounding the EU budget on the other hand make it clear to us that there are still major differences inside the EU, which the europhoria following the election of President Emmanuel Macron was exaggerated. In other words: '' I see no convincing reasons behind the euro at present.
The USD has been in the FOMC's wake. However, the downturn in the USD was then sharply reversed as markets dropped the Fed#8217;s benchmark to inflation having moved near 2 percent versus previous rhetoric that inflation continued to operate under 2%, while commerce since then has largely consisted of the USD#8217;s major fires nursing losses.
Option expiries of notice for today's 15:00 BST:
EUR/USD: 1.1925 (0.845 BLN), 1.1950 (1.0 BLN), 1.1975-80 (0.963 BLN), 1.2000 (0.520 BLN) and 1.2010-12 (1.1 BLN).
Waiting for my second goal @ 1.1915 (2018 low), almost there.
I maintain my shorts too.
I think we could buy more at 1.2050 possibly 1.2080 after the significant fall.
Economy 1:1987 SL 1:2007 Edit: SL set at BE
Euro is heavenly bought on h1. . .buying 1,199x and buying beneath
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