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- fxreza replied Dec 24, 2018
Well, the market is not liquid, no point of watching it, Just set the levels and enjoy the holidays until next week. Have a wonderful season guys! You guys have put the extra effort.
- fxreza replied Dec 24, 2018
Looks like my orders from the weekend got hit at 1.1420. This whole Treasury calling the banks is causing confusion and assurance at the same time. I'm back in my position!
- fxreza replied Dec 21, 2018
I exited when price had hit 1.1365, but, my guess is still 1.13 for today.
- fxreza replied Dec 21, 2018
And stopped out. Well, a bit of gamble to scalp. There are no institutional buyers here.
- fxreza replied Dec 21, 2018
Scalping long in process up to 1.138x then short again.
- fxreza replied Dec 21, 2018
Ok I'll put money on the table, there, covered, will scalp back 10-20 pips higher and then wait for 1.13. If I miss it, who cares, 100 pips before the weekend and there is next week.
- fxreza replied Dec 21, 2018
I have been saying there is no institutional buys for a couple days, I am eager to scalp, but discipline says if I am to think no buys, then why should I take profit at 1.1370? I should really watch closer to 1.13. Lots of traditional support here, ...
- fxreza replied Dec 21, 2018
Bullish
- fxreza replied Dec 21, 2018
Brace for a Dollar index spike. It has been trying very hard for half a day now.
- fxreza replied Dec 21, 2018
Thanks!
- fxreza replied Dec 21, 2018
As I pay more and more attention to your charts, it's beginning to sink in, and it's brilliant. What goes into angling those dashes, both blue and red?
- fxreza replied Dec 21, 2018
The economic data is probably not going to have much impact as they are within the accounting margins. We stay with technicals.
- fxreza replied Dec 21, 2018
Longs, watch out for the dollar index! The rally is about to begin.
- fxreza replied Dec 21, 2018
I'm trying not to scalp and hang on. Only if it hits 1.13 today, I'm going to ride with the bulls and take profit/loss with them by market close. I cannot imagine institutional players risking long orders above 1.13.
- fxreza replied Dec 21, 2018
Ah, then for a holiday season small hedge play to keep the excitement floating! I'm watching on H1 like Ata is right now. It's reversing to the downside.
- fxreza replied Dec 21, 2018
Alorente! watch out, if the trend line breaks, it's going down to test 1.13. Bulls have had all the technical support and no fundamentals, bears are having all the fundamentals assuming stability in an hour with the economic data, but, now we have ...
- fxreza replied Dec 21, 2018
Indeed, but, with the news coming out we might get a clearinghouse. I expect range trading for the rest of the year. Movement has become more concentrated on busy commercial hours of operation in different regions and institutional human traders are ...
- fxreza replied Dec 20, 2018
Rebound off of weekly trend levels, plus Fed move, plus weakness and developments in the counterpart currency, the EUR. I was not expecting such a fast rebound off 1.14XX
- fxreza replied Dec 20, 2018
Trading end of year is interesting. Haven't done it in years, but nothing has changed, the markets do not react normally.
- fxreza replied Dec 20, 2018
Nice analogy! It's just end of year, and all the pairs seem to be out of harmony.