Daily EUR/USD trades

Quote from romik:

How are you playing this pair right now?
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I'm not. I don't get involved when ridiculous moves occur within thin liquidity. That's when I end up getting stomped.

No, I'm playing EUR crosses now, getting some nice cross shorts in for next week when the ECB hikes and goes something like "undesired exchange rate volatility is relieving inflationary pressures, allowing the central bank to consider pausing..."etc.

Was just looking at EUR/USD from a technical point, and your entry was excellent.
 
Quote from Ivanovich:

I'm not. I don't get involved when ridiculous moves occur within thin liquidity. That's when I end up getting stomped.

No, I'm playing EUR crosses now, getting some nice cross shorts in for next week when the ECB hikes and goes something like "undesired exchange rate volatility is relieving inflationary pressures, allowing the central bank to consider pausing..."etc.

Was just looking at EUR/USD from a technical point, and your entry was excellent.
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I see, thank u. Could you elaborate on "ridiculous moves occur within thin liquidity", I don't follow.
 
Yes, the fact that EUR/USD launches into orbit on the Thanksgiving (and Japanese holiday) when there are few players in the game. Thin liquidity allows these players manipulate the game a bit, and this in turn causes a stampede.

Most of the time, a stampede always ends with someone getting trampled. That won't be me. :)
 
i waited for a low at 1.3110 abd bought again 500K
i watch the stochastic low and rsi for 2 hours to get signals
 
Quote from pere:

i waited for a low at 1.3110 abd bought again 500K
i watch the stochastic low and rsi for 2 hours to get signals
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On which time frame?
 
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