EURUSD is targeting 1.0650 as I explained. We might see that soon

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They will go slowly with rate hikes definitely. No problem, you are welcome!

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Rising dollar lowers the value and sales which are made overseas. As far as I know USA exports Machines. Electronic equipment, pumps, and oil. Also might do something with aircraft, car and military equipment. Their biggest exports go to China, ...

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I personally would love to see some bigger USD correction. Such strong USD dollar is hurting the US economy. As for GBP, we will have many importat releases this week. ( check the calendar ) + NFP on FRI. Should b a volatile week.

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No setup yet. But it will give us additional hint for the next major direction. Daily close above or below the range is needed.

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GBPUSD has a MASTER candle on daily chart. Master candle serves as interim support and resistance candle , which marks the important range. SO until the Master candle is broken the pair is trapped within 1.4633-1.5163 range. We can also see a ...

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Hahha, i meant its easier from psychological point. You know that u can't lose once you are in the profit right? Its up to many factors how u manage it.

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I can agree with you guys. Managing the trade is pretty subjective and it depends on a lot of factor including your own psychology, feel of the market rhythm, particular intra day momentum, sudden spikes, pending news etc. So you need to develop ...

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Thats always very subjective. I usually wait for 12-15 pips profit then i opt to either move SL to BE or wait for another hour to see how the trade will develop. In the case where the trade is 20 pips in a profit but it's facing a strong sup or res, ...

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119.00 hit now! 20-25 pips now. This is the first support, needs to close below for 118.80 and 50

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You are welcome! Exactly, which can be used for further shorting.

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Excellent fundamental analysis. Well done, keep it coming!

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USD initial jobless claims came better then expected and that put the pair into retracement mode in NY session. Prior to that, USD experienced a strong sell off because of that USDCAD dropped perfectly following the techs. DAX was also down 2 % and ...

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120 pips drop in USDCAD!

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Pay attention to USDCAD. Sell into rallies towards 1.2550 is recommended. The pair needs to close below 1.2465 for further continuation towards 1.2380.

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As you remember i stated yesterday that 0970 was indeed good for selling. Sell setup came in and the pair went down to 0900. It failed to close below so i will stay side lined for EURUSD at the moment. It might test yesterday high.

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Huge moves in EUR. Another drop from 0970 then bounce. Stop grabber on both sides.

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i did advocate a good short at 1.0970 zone. Was good for some 60 pips ( 1.0940 also ). Fading the strength is a good option but stops should be higher. ( 1.1050 suggested ). Although the price rejected from 0970 and stopped at 0900. GBPNZD is one of ...

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U were right EG. As i analysed 0970 also, there were some serious sellers. The price indeed went to 0970 and then was sold towards 0900. 70 pipper possible on intraday, its definitely good.

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+60 now

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