it really looks like to short.. but forex never that easy..bumpy rides ahead.
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Dislikedpyramus dont wait too long, by the time you decide to pull the trigger this will probably have fallen 40/50 pips, and then you will be reluctant to sell..
price has shot up 230 pips before an important announcement, doesnt this ring a bell?Ignored
Dislikedthere is possibility the shorts are bear trap. set SL at BE to avoid losses. let see what happens.Ignored
DislikedI'm thinking the same thing currently it's bouncing off a resistance line at 1.9816 if it breaks this I would be more confident of the short.Ignored
DislikedGuys.. I got completly frustrated after rejected data. Went out and now I have - 160 pips. Made a strong decision to quit listening to what the data have to offer and I switch to 100% technical. Would have done great if I did not consume all that noise and imagine things how them should be. It looks like it is never like it should anymore. The only explanation for current move up that I found was squering before fomc... bla bla bla.. a lot of rubbish what they say. There was a lot to square in euro but it stayed where it was. I recognize that there was divergence here and there but in a situation where there is a bad G data and great U data enough would be for price to move up to 34 ema. I guess data means nothing at all anymore in a short term. Simillar situation happened month ago. The same pattern with the exception that price was moving up untill last 15 minutes before data release. After all it went down all the way and that is what i am waiting forIf not.. well.. i will turn bloomberg off and will do nice and quiet technical trading after I come back from my holidays. I am 100% sure I will make more pips and be less stressed simply by swithing off this market noise. I bend my knees befor all of you bulls. Very courageous.
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DislikedGuys.. I got completly frustrated after rejected data. Went out and now I have - 160 pips. Made a strong decision to quit listening to what the data have to offer and I switch to 100% technical. Would have done great if I did not consume all that noise and imagine things how them should be. It looks like it is never like it should anymore. The only explanation for current move up that I found was squering before fomc... bla bla bla.. a lot of rubbish what they say. There was a lot to square in euro but it stayed where it was. I recognize that there was divergence here and there but in a situation where there is a bad G data and great U data enough would be for price to move up to 34 ema. I guess data means nothing at all anymore in a short term. Simillar situation happened month ago. The same pattern with the exception that price was moving up untill last 15 minutes before data release. After all it went down all the way and that is what i am waiting forIf not.. well.. i will turn bloomberg off and will do nice and quiet technical trading after I come back from my holidays. I am 100% sure I will make more pips and be less stressed simply by swithing off this market noise. I bend my knees befor all of you bulls. Very courageous.
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Dislikedbro the bulls u are bowing infront of got it completely wrong when it fell from 9900 area where they were aiming at 2.01 and then 2.04
and the 300+ drop was solely because of fundamentals.
be4 any conclusions look back at the drop from 2.11
do u think that drop from 2.11 to 193 was technical
think again it was because of the panic of weak UK fundamentals.Ignored
DislikedI mean when I think about it all my fundamental views do is cost me money ,lol
And if you want to move on top other pairs its easier.Ignored