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imwim replied Sep 19, 2017Neither banks nor hedge funds make the price, but ECB and FED and they care very mutch about some agreed values... We'll see tomorrow...
EURUSD
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imwim replied Sep 19, 20171.20808, the tomorrow value of white PSAR, will not be touched during FOMC, so your entry if triggered is safe...
EURUSD
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imwim replied Sep 19, 20171.35483 and only on 30 min time frame; nothing on higher time frame other than drop to 1.30100 ...
EURUSD
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imwim replied Sep 19, 2017Probability is always 50% according to immutable 50%-50% rule, only Risk/Reward ratio is different from case to case...
EURUSD
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imwim replied Sep 19, 2017And when you'll increase your small lot size, you will become unprofitable... Fear and all sort of that...
EURUSD
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imwim replied Sep 19, 2017Downward movement to 1.30100 level almost ready to be confirmed in 1-2 days (white PSAR finally nearest the price) ...
EURUSD
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imwim replied Sep 19, 2017Very unlikely, tomorrow all forecast data are bad for UK: Retail Sales ex-Fuel (MoM) Previous 0.5% Consensus 0.2% Retail Sales ex-Fuel (YoY) Previous 1.5% Consensus 1.4% Retail Sales (YoY) Previous 1.3% Consensus 1.1% Retail Sales (MoM) Previous ...
EURUSD
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imwim replied Sep 19, 2017The last spike upward is reserved by Yellen on Wednesday when the white PSAR will be finally nearest the price on H4 timeframe, while the setup on daily chart is solely for downward movement...
EURUSD
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imwim replied Sep 19, 2017ECB was clear, the up movement is prohibited and a flash crash even of 200 pips downward is ready to be released at any moment at some levels of price...
EURUSD
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imwim replied Sep 18, 2017Not a single word about new tariffs taxes on Americans who purchase Canadian softwood lumber imports imposed by Trump...
EURUSD
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imwim replied Sep 18, 2017Stephen Poloz is the Bank of Canada Governor, most likely the successor of Mark Carney to Bank of England... Lane is only BoC Governor Council Member.
EURUSD
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imwim replied Sep 18, 2017In the mean time 2 new red flags with Draghi speeches on Thu Sep 21 and Fri Sep 22...
EURUSD
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imwim replied Sep 18, 2017Will see, but the Q&A session is only a conversation with IMF managing director Christine Lagarde...
EURUSD
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imwim replied Sep 18, 2017Will see, but the speech of Carney is only a lecture and the text can be released before the speech...
EURUSD
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imwim replied Sep 16, 2017I have build trading systems for 15 years as project manager and system integrator, and I'm a certified broker/trader for 20 years...
EURUSD
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imwim replied Sep 16, 2017It's empirical experience/learning... The orange PSAR was not touched after the price was rejected from the resistance you drawn, only the white PSAR, so the white PSAR is not any more nearest the price in the downward movement. Also the white PSAR ...
EURUSD
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imwim replied Sep 16, 2017I have missed to bookmark the example, and now scrolling the charts for many pairs I don't found any occurrence of another PSAR before the white PSAR in a downward movement, so this setup seems to appear in less than 2-3% of cases.
EURUSD
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imwim replied Sep 16, 2017Finaly, the white PSAR is above the price for EUR/USD, so the downward movement will be more and more powerfull.... Of course, in the mean time FED has switched to GBP/USD ...
EURUSD