EURUSD - Trends, Forecasts and Implications (Part 2) - page 383

 
Svinozavr:

Have you ever tried trading? It's sobering...

How? You just have to follow what the market is offering you. Not go against it.

Could you, for us beginners in the forex market, to understand the essence of the process - "just follow what the market suggests. Do not move against it." Give a real clear example on the chart, as it is necessary to follow, rather than fart against the market.

Personally, I would sincerely, immensely appreciate it. Everyone here, I think so too.

Mr. Piotr ,you haven't forgotten about us, please don't mind scribbling a line or two.

 
RekkeR:
Could you, for us beginners in the Forex market, to understand the essence of the process - "just follow what the market suggests. And not fart against it.", give a real clear example on the chart, how exactly one should follow, and not fart against the market.


Probably, he offered the basics: trendline - identification of the trend + Dow theory. However, without the knowledge of waves and Fibonacci he may be punished by correction.

Thus, it is a double-edged sword.

 

http://my-hit.ru/film/7563 - an informative, beautiful documentary film called Baraka. Loved it. Watching it.

At 1.28 it looks like the last border control brewpost, further on is a no man's land and it's a pity Tantrik won't allow you to skip higher up into it. :)))

The infantilisation of the pound is alarming and the franc must have come to the top of its Alps by now.

This Friday is the nonfarm - big news, possibly big changes. My dream low for the euro is 1.295. That it will get there in a straight line, quickly and without correction is unbelievable.

 
RekkeR:

https://www.mql5.com/go?link=http://my-hit.ru/film/7563 - an informative, beautiful documentary film called Baraka. Loved it. Watching it.

At 1.28, seems to be the last border control point, no man's land beyond. The infantilism of the pound is alarming and the franc must have come to the top of its Alps by now.

There's a nonfarm this Friday.


So what is the nonfarm? I once got a trader's diploma))) from a company, and they shouted about nonfarm. But... If you trade on pure yen, you need to invest half a deposit, and all for 40 pips. Plus at the right time DTs widen the spread to 30 points and you're screwed. This non-farm will take more than 40 pips every day without such risks. In short, I was disappointed in it. IMHO.
 
How wondrously the eura has been ignoring the news lately....
 
Bicus:
How wondrously the eura has been ignoring the news lately....
The more autotrading methods are used, the more the exchange rate approaches the unpredictable white noise.
 
1.2854 possible bounce point (would be ideal - there is a cross between the old and new channel....)
 
Svinozavr:

How? You just have to follow what the market is offering you. Not go against it.

the manual is clear...

 

The point has been reached in pips...

Only there is no certainty of a bounce yet


 
RekkeR:

http://my-hit.ru/film/7563 - an informative, beautiful documentary film called Baraka. Loved it. Watching it.

At 1.28 it looks like the last border control brewpost, further on is a no man's land and it's a pity Tantrik won't allow you to skip higher up into it. :)))

The infantilisation of the pound is alarming and the franc must have come to the top of its Alps by now.

This Friday is the nonfarm - big news, possibly big changes. My dream low for the euro is 1.295. That it will get there in a straight line, quickly and without correction is unbelievable.


Why not, because the daily channel has reversed and the weekly channel is pointing downwards and is pushing away from the lower boundary of the daily trend, the move to 1.2940 is still ahead.