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alot of rumors going on in the market; and next week with the UN security deadline to Iran at the end of next week well i dont know but for daytraders market will probably stay very confusing. Good trading all
sailor
__________________
learning to change old habits is not always easy
A good number will find the market short and it could be more worthy. But here we play what the big boys let us do and not what we think. FOREX is their music.
A few words about cable: while above 1,8879 (hourly close), its way is up. Below that level, it is set to go to last lows and 1,8777 to 1,8631.
Hi!
Well, we've seen it. GBPUSD has made a low at 1,8873.
Again, sorry, I do not like the market. People still on vacation. Sharks and brokers do their feast. You can make money, sure, but I do not like how things are going. It's only my opinion.
EURUSD keeps holding below 1,2842, so the pair is bearish. We have IFO in 45 minutes. A bad number could send the pair to 1,2720-1,2691-1,2680-1,2658. A good number could take it to above 1,2842 again. I do not know. I do not bet. A good number will find the market short and it could be more worthy. But here we play what the big boys let us do and not what we think. FOREX is their music.
A few words about cable: while above 1,8879 (hourly close), its way is up. Below that level, it is set to go to last lows and 1,8777 to 1,8631.
We could be sentenced to see continued choppy markets for I do not know how long.
We have not made any changes. You have all on post 1.
Nina
Originally Posted by sailor
alot of rumors going on in the market; and next week with the UN security deadline to Iran at the end of next week well i dont know but for daytraders market will probably stay very confusing. Good trading all
sailor
Good morning, traders!!
Again, sorry, I do not like the market. People still on vacation. Sharks and brokers do their feast. You can make money, sure, but I do not like how things are going. It's only my opinion.
EURUSD keeps holding below 1,2842, so the pair is bearish. We have IFO in 45 minutes. A bad number could send the pair to 1,2720-1,2691-1,2680-1,2658. A good number could take it to above 1,2842 again. I do not know. I do not bet. A good number will find the market short and it could be more worthy. But here we play what the big boys let us do and not what we think. FOREX is their music.
A few words about cable: while above 1,8879 (hourly close), its way is up. Below that level, it is set to go to last lows and 1,8777 to 1,8631.
We could be sentenced to see continued choppy markets for I do not know how long.
I bought eurusd with a limit buy order @ 1,2785 with stop @ 1,2749 and take half profit at 1,2804. Stop now @ 1,2790.
I placed limit sell @ 1,2745 too. This limit sell has been cancelled.
EURUSD should try again to break 1,2842. I do not know if it will succeed. EURUSD should now be supported with this IFO numbers and should keep above 1,2800. The pressure now in on $. If it makes new lows before US data today, it will tell us the pair is very, very bearish or that they want it lower to buy it at better prices.
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