Not much action so far this week..I know its only been 24 hrs but c'mon man
I read somewhere that some bigger players are pulling back a bit lately, it sure looks like it as the charts have flatlined and volume seems to have gone.
The US/Yen has been in a sub 20 pip range all day, same for many I follow..
Quote Originally Posted by bucknuts:
Not much action so far this week..I know its only been 24 hrs but c'mon man
I read somewhere that some bigger players are pulling back a bit lately, it sure looks like it as the charts have flatlined and volume seems to have gone.
The US/Yen has been in a sub 20 pip range all day, same for many I follow..
Yeah it was stale last week too for the most part..we have some LB data this week that should move us one way or another, it cant get here fast enough this has been a snoozer
Yeah it was stale last week too for the most part..we have some LB data this week that should move us one way or another, it cant get here fast enough this has been a snoozer
Yeah it was stale last week too for the most part..we have some LB data this week that should move us one way or another, it cant get here fast enough this has been a snoozer
I just looked that up, it seems to be the equiv of the FED minutes for them right?
I dont see how it will be anything different than what they already telegraphed..they said not long ago that they were keeping rates down until long next year, and wont move before the FED does..which begs the question, why the crap are they moving the LB so much when their "FED" has said they arent raising rates anytime soon?
Quote Originally Posted by bucknuts:
Yeah it was stale last week too for the most part..we have some LB data this week that should move us one way or another, it cant get here fast enough this has been a snoozer
I just looked that up, it seems to be the equiv of the FED minutes for them right?
I dont see how it will be anything different than what they already telegraphed..they said not long ago that they were keeping rates down until long next year, and wont move before the FED does..which begs the question, why the crap are they moving the LB so much when their "FED" has said they arent raising rates anytime soon?
I didnt see that blurb..I had just skimmed thru the news feed the other day and saw a story on job #s beating expectations Not sure what gave it legs today honestly...I know if my pair can get past mid 1.86s im prob looking at 1.89 before I add again I really dont see that happening but its always good to have a plan...remind me to not stray from Usd pairs (except Eu/Jpy luv that pair)
I didnt see that blurb..I had just skimmed thru the news feed the other day and saw a story on job #s beating expectations Not sure what gave it legs today honestly...I know if my pair can get past mid 1.86s im prob looking at 1.89 before I add again I really dont see that happening but its always good to have a plan...remind me to not stray from Usd pairs (except Eu/Jpy luv that pair)
easy money .. put short order in on AUD/USD ahead of the news in 50 mins easiest 40 pips in history ... The news is coming out of China.. It will fall like a brick off a 10 story building..
easy money .. put short order in on AUD/USD ahead of the news in 50 mins easiest 40 pips in history ... The news is coming out of China.. It will fall like a brick off a 10 story building..
EUR/USD will continue to climb 'till Wednesday due to continuous weakening of the $, but on Thursday the direction will change
That doesnt make sense, the Euro has been in a sub 100 pip trading range for well over a week, the USD has not been weakening against any but the severely strong currencies, like the pound.
Quote Originally Posted by VictorPanov:
EUR/USD will continue to climb 'till Wednesday due to continuous weakening of the $, but on Thursday the direction will change
That doesnt make sense, the Euro has been in a sub 100 pip trading range for well over a week, the USD has not been weakening against any but the severely strong currencies, like the pound.
I have a FXDD forex streaming chart up 24/7, I think I am all set on the short term chart for the EU/USD
The pair has been in a news bound range for almost a month.
But for fun, pull up a weekly chart on the Euro and tell me where the uptrend started..even a monthly chart looks range bound and dead. On its monthly and weekly it is in the mid range of its band.
I have a FXDD forex streaming chart up 24/7, I think I am all set on the short term chart for the EU/USD
The pair has been in a news bound range for almost a month.
But for fun, pull up a weekly chart on the Euro and tell me where the uptrend started..even a monthly chart looks range bound and dead. On its monthly and weekly it is in the mid range of its band.
The Euro is 30 pips below its high from today and 10 above the previous high on the 23rd. It is also it is 60 or so above the low on the 15th and the 21st. That means within a two week period it has not varied more than 100 pips and it is in the mid point of its trading range.
The Euro is 30 pips below its high from today and 10 above the previous high on the 23rd. It is also it is 60 or so above the low on the 15th and the 21st. That means within a two week period it has not varied more than 100 pips and it is in the mid point of its trading range.
Several pairs been in a really tight range for some time..EUR/Usd has used the 100 ema as support for over two weeks now in the upper 1.37s and the high going back three weeks was just over 1.39 and it didnt hold those prices long I dont think Wall is arguing that its trending up but its been in a super small range for this pair..4/15 saw this same move from the upper 1.37s and only moved just over 100 pips Its been a daily range scalpers paradise since 4/9 All thought and opinions welcome here Vic
Several pairs been in a really tight range for some time..EUR/Usd has used the 100 ema as support for over two weeks now in the upper 1.37s and the high going back three weeks was just over 1.39 and it didnt hold those prices long I dont think Wall is arguing that its trending up but its been in a super small range for this pair..4/15 saw this same move from the upper 1.37s and only moved just over 100 pips Its been a daily range scalpers paradise since 4/9 All thought and opinions welcome here Vic
Sure. I understand the perspective you guys are looking at it as that perspective guided me for years as an FB, but from the perspective of a Binary trader - even a single pip (lol - funny to use a pip in a singular) makes a difference as basically the wins or losses depend on a Call/Put option chosen and an expiry time. So, from that perspective the trend apparent in recent day makes my decision easier. But again - we do know what drives USD up or down and the longevity of those drives usually are apparent close to the events on US financial calendar more than any foreign financial calendar as practically we still are the largest influencing economy globally
Sure. I understand the perspective you guys are looking at it as that perspective guided me for years as an FB, but from the perspective of a Binary trader - even a single pip (lol - funny to use a pip in a singular) makes a difference as basically the wins or losses depend on a Call/Put option chosen and an expiry time. So, from that perspective the trend apparent in recent day makes my decision easier. But again - we do know what drives USD up or down and the longevity of those drives usually are apparent close to the events on US financial calendar more than any foreign financial calendar as practically we still are the largest influencing economy globally
I know what drives this market...bad news lol On a serious note I sold one lot Lb/Jpy 1.7272 I cant stand watching these moves daily and not profiting from them..just gonna take a 50 pip scalp here
I know what drives this market...bad news lol On a serious note I sold one lot Lb/Jpy 1.7272 I cant stand watching these moves daily and not profiting from them..just gonna take a 50 pip scalp here