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- skillz16 replied Mar 6, 2017
Agreed. I'm done for the day. I was at a peak 7% gain but gave some back and ended at 6.5%. I remain LONG only focus as long as 1.052 and 1.05 on my DAILY trend indication ultimately hold, but I think it will "consolidate" lower here today before it ...
EURUSD
- skillz16 replied Mar 6, 2017
Went back long at 1.06 on my 1 HR prop system. I think that it looks like it will NOT get back down to 1.0575 here right now... set an option to pick up 33% more lots though if it spikes down to 1.0585.
EURUSD
- skillz16 replied Mar 6, 2017
On my shorter term system (1 HR timeframe), took a 7% profit on my LONG. Looks like we could very likely re-visit 1.0575 so I want to go LONG from there. I agree with most above - I think we are about to consolidate in a range for a few days after ...
EURUSD
- skillz16 replied Mar 6, 2017
Mostly repeating this for my own benefit: expect it to stay in LONG phase and take LONGS only unless it can close below 1.052 - 1.05 range. =D I'm heavy long from a low price and I wait to close out until the short signal on the DAILY fires which ...
EURUSD
- skillz16 replied Mar 6, 2017
Right now I can see decent underside support at 1.0575. This is also the time of day where it either experiences continuation OR it most often switches the direction from the "overnight" session (I'm in US in Chicago) - last night was a "natural" ...
EURUSD
- skillz16 replied Mar 6, 2017
Interestingly enough, my long term signal just "confirmed" LONG for me which means that 1.052 should hold really strong if not ever get hit and 1.05 should be the same. This signal cycles about twice per month and when it is LONG only take long and ...
EURUSD
- skillz16 replied Mar 5, 2017
Have to finish below 1.052 to be SHORT. Still LONG phase from what I can see and I'd be surprised to see it below 1.05 but really just ride the direction...
EURUSD
- skillz16 replied Mar 3, 2017
Totally agree with the sentiments here. Everyone was short and the EURUSD was not really moving for the past 5ish trading days so it lulled people into a sleep right?
EURUSD
- skillz16 replied Mar 3, 2017
Still say a confirmed close today and OPEN/CLOSE above 1.052 on this next Sunday means bullish and LONG... Take the action not what the news makes you feel RE rate increases/differentials and EU doom. I also suspect that the 80-90% expected rate ...
EURUSD
- skillz16 replied Mar 3, 2017
If this closes above 1.052 today AND opens/closes Sunday night above that, then this is incredibly in support of taking LONG signals only. From what I am seeing... =D
EURUSD
- skillz16 replied Mar 3, 2017
Isn't it LONG now? 1.052 and even 1.054 held so...? My guess would be furious short covering rally into end of day but I suppose who knows...
EURUSD
- skillz16 replied Mar 3, 2017
Bet Yellen takes it down to 1.05 somehow and it resumes going up from there. Resumes LONG then...
EURUSD
- skillz16 replied Mar 3, 2017
It looks like we should be LONG as long as 1.052 holds - at least to me and my systems.
EURUSD
- skillz16 commented Mar 3, 2017
The US has a BIG debt ceiling issue coming up this summer right? If rates are high, I do not see how we pay our bills other than some sort of default right...? But maybe I am wrong...? I would think we would use the "managed default" of devaluing ...
The Fed could be on the verge of making a big mistake
- skillz16 replied Mar 3, 2017
Do you think that this could happen?: 1.) US stock indices drop on rate increase expectations. 2.) People start buying bonds. 3.) USD would drop then? (because of the people buying bonds) I'm basically wondering because the current direction of ...
EURUSD
- skillz16 replied Mar 3, 2017
Would be REALLY interesting if it came out that members of the FED were causing this... and with their OWN personal accounts. IE if yellen comes out DOVISH later and talks down the 80% rate increase fears and they moved before. I think that is what ...
EURUSD
- skillz16 replied Mar 3, 2017
If it can stay above 1.05355 in the next few hours looks like this could really be a bear trap and this could scream higher - at least to me. To me, would not want to be short because it looks like a major squeeze on my long term systems but if I ...
EURUSD
- skillz16 replied Mar 3, 2017
Do any of you guys think that Yellen at 1PM EST will cause a lot of volatility? I would think it MIGHT. This is because 80% of the market is expecting a hike later this month and the GDPNow of several places is BAD. I'm thinking the hike is "priced ...
EURUSD
- skillz16 replied Mar 3, 2017
If it can break and stay above 1.054 during the next few hours, then that is VERY bullish. If it falls, it should do it from these levels and REALLY soon. I'm hoping for the bullish spike. Also looks like 1.053 on the daily should be bullish support ...
EURUSD
- skillz16 replied Mar 2, 2017
I am/was thinking up from 1.05 earlier. I'm about 5% drawn down in a LONG. A little nervous though with my system giving a bit of a mixed signal and yellen speaking tomorrow... In leveraged 15:1 and my worst drawdown is usually around 15% and 30 ...
EURUSD