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Skracor247 commented Jul 31, 2019For most of them you are right. If only one of them listens it would be worth it.
Federal Reserve issues FOMC statement
- Skracor247 commented Jul 31, 2019
If you are a short term trader(looks like most of you), you should simply not trade on rate decision day. Today's price action is based on the decisions of long term traders whose outlook is very different than yours. There are many factors that are ...
Federal Reserve issues FOMC statement
- Skracor247 commented Jul 25, 2019
Rate cut may follow if the rest of the world cuts rates and moves into more QE. The US would be forced to cut the rate in order to keep up with the weakening currencies of the rest of the world, in order to keep competitive in this weakening world ...
Durable-goods orders rebound for first gain in three months, investment also picks up
- Skracor247 commented Jul 24, 2019
Oil futures up = Loonie strength. Simple as that.
Loonie rally tests Bank of Canada resolve to diverge from global peers
- Skracor247 commented Jul 22, 2019
You are right. The Fed is not in the business of serving the American people. It is not employed by the U.S. government or its citizens. The Fed serves its members!!! If you don't know who its member are you will be easily confused by what it does!
The Fed Has Reached a Turning Point
- Skracor247 commented Jul 22, 2019
The economy is not at 'full employment'. There are two unemployment numbers with different metrics. The unemployment number that is most followed now is recently created to measure only those that have sought work and filed within the last 90 days ...
The Fed Has Reached a Turning Point
- Skracor247 commented Jul 16, 2019
So... 'Trade War' = Lower Import Prices??? Seems counter-intuitive. Could the Dollar have gained that much value in June to offset and exceed the price increase of tariffs?
U.S. Import and Export Price Indexes - June 2019
- Skracor247 replied May 2, 2019
This is what I like about you and your trading Ata. You stay bearish until it shows bullish and vice versa. A super important lesson for all new traders. Don't chase after the tops and bottoms. We are here to make money not be 'right' or make the ...
EURUSD only
- Skracor247 replied Apr 30, 2019
Short from .12155 SL 10pips TP open for now Will be aggressively adjusting stop.
EURUSD only
- Skracor247 replied Apr 30, 2019
Don't worry if it comes back to .1219 you will have another opportunity to short.
EURUSD only
- Skracor247 replied Apr 30, 2019
I imagine it as an algorithm set to sell at an average price and .12225 is the extreme at which it will sell every time until all the buyers are exhausted. Sadly we don't have true Level 2 data no matter which broker we go with. The real action ...
EURUSD only
- Skracor247 replied Apr 29, 2019
I see two scenarios going forward. Price could retest .1200 or it could simply head down from here bypassing all the selling pressure that is built up at .1200. image From the 15m perspective, you have stacked channels. The safest trades will be ...
EURUSD only
- Skracor247 replied Apr 29, 2019
Don't be in a hurry today guys. These are the kind of days that will get you in trouble. It is best to just sit on your hands until the direction is made clear and jump on with it.
EURUSD only
- Skracor247 replied Apr 26, 2019
Not as difficult as some would have you believe. With a large enough difference in base interest rates money will steadily flow from one currency to another. It used to be the GBP/JPY carry trade but for now, the best ones are EUR/USD and USD/CHF ...
EURUSD only
- Skracor247 replied Apr 26, 2019
I see continued fundamental pressure on EUR/USD to see lower and lower prices. Until something fundamental changes in the relationship between the two currencies, this is how it will remain. Follow along with central banks and you will do fine. The ...
EURUSD only
- Skracor247 replied Apr 26, 2019
You sure can but you will also run into weird problems with your order being filled. The lag between your computer and their servers is a real thing. Having an honest broker is the best thing.
EURUSD only
- Skracor247 replied Apr 26, 2019
Broker spread widening sucks man. I've been knocked out of a trade to the tenth of a pip then reversed in my direction. They cheat until they get caught and fined.
EURUSD only
- Skracor247 replied Apr 26, 2019
Closed for +22pips To any noobs. Never regret taking profit. Make sure you can get a proper R:R though.
EURUSD only
- Skracor247 replied Apr 26, 2019
Go up a little more EU. 'Cause I wanna take profit. Morchella Angusticepts are calling to me! .1200 is my line in the sand TP btw. I don't see it getting there today, or even Monday for that matter. We will see.
EURUSD only