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TAS_is_Goliath_Capital_Growth
Dec 13, 2017 8:40 AM

EURUSD up to close the gap Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD up to close the gap

Comment

boom

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Gap closed

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check out the detailed explanation of these trades here youtube.com/watch?v=XTIXIhk03Nk&t=3s
Comments
dchua1969
i can't believe this move though i am happy for you.
i thought the rates discussion has been ongoing for some time
and yellen would be announcing it....
i took a bet on going long on USDCHF but suffered a loss
thinking USD will end the year with a good harvest, argh.....how wrong I was
TAS_is_Goliath_Capital_Growth
@dchua1969, we're looking at different things. I hadn't looked at news. And the speaches are always for retail traders. Like Allan Greenspan said once, (fed president) “ I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant”
pants
Which gap (where)? Do you not care about FOMC? What about the US tax bill passing?
TAS_is_Goliath_Capital_Growth
@pants,

I'm thinking i'll be at breakeven when the news start later
pants
@tas, breakeven from where? Are you predicting a 150-pip rise in the next 10 hours? That's contrarian AF. Best of luck.
TAS_is_Goliath_Capital_Growth
@pants, break even is when my stop is at my entry price
pants
@tas, that's my question. Where's your entry. I can't read your mind, man.
TAS_is_Goliath_Capital_Growth
@pants, looking for an entry in this area

pants
@tas, okay thanks for indulging me. Still seems pretty contrarian to me. Fighting the trend and the news at the same time. Good luck.
TAS_is_Goliath_Capital_Growth
@pants, my view on 30Y is this

On DXY is this

these are orienting me on my decision. Anyway, by the end of the day i'll be stopped or at breakeven.
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