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Forex Forum Archive for 02/02/2021

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Macau Steven 23:53 GMT February 2, 2021
Gold

Hopefully, yearly low of gold is in the region of 1700-1800.
For bitcoin, 2x,xxx is a buy for 150,xxx this year

Tallinn viies 23:51 GMT February 2, 2021
eurusd
Reply   
after massive crude and stock index gains eurusd not justified down here.
going long euro again 1,2040. no need for stop currently. target 1,2185.

dc CB 22:07 GMT February 2, 2021
BUY EUR/USD

hahahaahahahahahaha

Former ECB Chief Mario Draghi Tapped To Lead Italy As Government Collapses

...President Mattarella has asked Draghi to immediately take the reins - according to the FT, which got the scoop - and try to form a government of national unity, which will only be accepted if the legislature supports it. Already, members of the Five Star Movement are saying they won't back such an 'establishment' candidate.

The upshot: Whether the former ECB leader actually succeeds in forming a government of national unity is far from clear.

Mattarella already told the country in a televised speech Tuesday night that going to an election would be the worst possible decision with the urgent need of the government to approve COVID relief.

"I have the duty to emphasize, as the long period of electoral campaign, and the resulting reduction of government activity, would coincide with a crucial moment for the fate of Italy," Mattarella said.

Mattarella and Draghi are expected to meet in person at noontime Wednesday in Rome.

ZeroHedge

dc CB 21:18 GMT February 2, 2021
Mkt

GOOG et alphabet breaks 2000/sh

Big NUZ---AMZN
CEO Jeff Bezos will step down as CEO and "transition" to the role of executive chair in Q3 2021, ending an era at Amazon

london red 21:17 GMT February 2, 2021
BUY EUR/USD

what was the high sept 1st 2020. and todays low? fukk me that was always gonna happen. more important q is will it squeeze to 12053 to make the rollover intact.

Israel MacroMicro 20:32 GMT February 2, 2021
BUY EUR/USD

EUR/USD: I assume the higher grade buyers will emerge under 1.1850 - any schedule for such?

PAR 17:44 GMT February 2, 2021
RISK ON
Reply   
The best week ever for US stock markets?

Mtl JP 17:28 GMT February 2, 2021
Mkt

EURO 1.2017
-
puppy's near Res now 1.2050 - and while under: bearish
below 1.20 is 100dma (as target)

haifa ac 17:26 GMT February 2, 2021
Mkt

Put,instead, a monthly chart.It seems like we have just begun a multi-mohth rally.

Mtl JP 17:21 GMT February 2, 2021
Mkt



DLRx 91.21
-
Qs and A

london red 16:17 GMT February 2, 2021
Robinhood - Reddit

yes sorry dc i didnt comput all of the words, particularly the 6 days part. its like the internet spike and blow up but the condensed version. but this time there are no websites no eyeballs, just stoners hanging outside game stores.

lakewood jjlkwd 16:12 GMT February 2, 2021
Robinhood - Reddit

CB it was actually pretty funny the "in all of my 6 days "etc

Belgrade Knez 15:43 GMT February 2, 2021
BUY EUR/USD

1.2000 first before new up move

dc CB 15:21 GMT February 2, 2021
Robinhood - Reddit

there is a decided lack of appreciation for a cheeky quip on this forum

london red 15:20 GMT February 2, 2021
GME

u are right there. but bitcoin is a religion. when THAT is shown to be a fraud the wheels will fall off that too. but since its coded to go to infinity, it will keep rising until its busted.

hk ab 15:20 GMT February 2, 2021
Gold
Reply   
Gold chart is spelling a collection of slaves from 1830-1840 and slaughter them later.

hk ab 15:17 GMT February 2, 2021
GME

red//I have always thought that bitcoin and GME are no different. The bangsters just keep using them in rotation as ATM.

london red 15:16 GMT February 2, 2021
Robinhood - Reddit

dc CB 15:11 GMT 02/02/2021
"in all my 6 days of trading, I have never seen anything like this..."

u have dc. the swissy and the yen. now those were epic. and not some $hitty retail outlet.
but yeah ill let u have that one, gme sure has been fun.

london red 15:12 GMT February 2, 2021
GME

u wish ab, mkt is only going one way. up. they now bought the whole print shop. and switched it all one with one job. new benjis. just btfd. its much easier. really. be patience. wait for pullback. buy.

dc CB 15:11 GMT February 2, 2021
Robinhood - Reddit

"in all my 6 days of trading, I have never seen anything like this..."

hk ab 15:09 GMT February 2, 2021
Gold

after seeing XAG plunge, now it's silver stox.....

Typical nt.

hk ab 15:08 GMT February 2, 2021
GME
Reply   
This could be the prelude of the whole world stox market.

hk ab 15:03 GMT February 2, 2021
XAG
Reply   
housewives announced their victor to kick the millennial's ass at 27 for $3 profit. With 10x leverage, the housewives gang double their accounts in 2 days......


Much better than any breakfast monies and those "the ONE and only ONE"...... LOL

Bangkok KC 14:57 GMT February 2, 2021
BUY EUR/USD
Reply   
Long @1.2027

Euro may rebound soon.

london red 14:57 GMT February 2, 2021
Robinhood - Reddit

reuters now running that shorts up 2.5 yard mark to mkt vs 10 yard losses earlier. well if uv got deep pockets.

london red 14:53 GMT February 2, 2021
Robinhood - Reddit

yeah whoda thought. folks never learn. dont pick fights just ride their coat tails.

PAR 14:49 GMT February 2, 2021
Robinhood - Reddit
Reply   
They had their one week of glory. Now tears and tears.

USA ZEUS 14:42 GMT February 2, 2021
EUR/USD

Long EUR/USD at 1.2028

Cheers!

Macau Steven 14:38 GMT February 2, 2021
Gold

Add some bitcoin and ethereum to your portfolii

Macau Steven 14:37 GMT February 2, 2021
Gold

I trade silver stocks instead

USA ZEUS 14:35 GMT February 2, 2021
EUR/USD
Reply   
EUR/USD is poised for a quick rally higher here.

Cheers!

london red 14:32 GMT February 2, 2021
Silver

the germans have a gap at 80 euros so i guess the us one will print 96 bucks today. i would say or tomorrow but i dont think its gonna last that long.

london red 14:30 GMT February 2, 2021
Silver

dc, that war was already lost, but one or two generals got away in much better health. as for the soliders, would not like to be in there shoes when the wifes boyfriend confronts them lol

dc CB 14:18 GMT February 2, 2021
Silver
Reply   
Sun I as ---WSB(the reddittt rangers) VS JPM or will it be WSB and JPM for the Short Squeeze.

seems it turned out WSB v JPM and The CME(silver margins up to $22,xxx per contract.

dc CB 14:11 GMT February 2, 2021
Total holdings are now the equivalent of 847 million barrels

XON reported...vowed to keep paying the dividend 'no matter what'
87cents/sh---

london red 13:53 GMT February 2, 2021
Why is the EURUSD Trading Weak?

yeah ac i like the 10y yield. i see it on a gentle uptrend. they tested 1 after the rbeak i guess it wont go under 1 in the next few months unless there is another crisis. its enough cause to hinder usd weakness, but a) everyone else got there own probs and b) us treasury printer still got a lot of jobs to do this year. so i guess that means euro in a range for now 116/118/120 and an eventual drift higher.

hk ab 13:50 GMT February 2, 2021
gold
Reply   
"lucky exit at 1833.1 for 100 lots......."

LOL

hk ab 13:33 GMT February 2, 2021
Gold
Reply   
ok, bought 100 at 1833. See if it works :)

dc CB 13:27 GMT February 2, 2021
NQ

the last of the biggies report earnings after the close
AMZN and the GOOG/GOOGL - Alphabet.

Hk Ab 13:27 GMT February 2, 2021
Gold
Reply   
My buy was too weak.... LOL, just 1 piece of gold coin.

Steven, where’s your XAG long? $50 target? Place one buy at Monday gap

dc CB 13:17 GMT February 2, 2021
Total holdings are now the equivalent of 847 million barrels



Food inflation---the high cost of running those massive ad tractors across the huge fields.
(HO - Diesel)

Minneapolis DRS2 12:58 GMT February 2, 2021
Why is the EURUSD Trading Weak?

Why ask why, when you can take profit from it?

PAR 12:52 GMT February 2, 2021
Why is the EURUSD Trading Weak?

To bring silver down and make some money?

dc CB 12:35 GMT February 2, 2021
Why is the EURUSD Trading Weak?

Brilliant woke learship.

Oilprice.com
“The problem isn’t posed by growing green electricity directly but by shrinking conventional capacity,” the chief electricity system modeler at Cologne University’s EWI Institute of Energy Economics told Bloomberg.

This is pretty much the same as saying it is not the pandemic that is wreaking havoc on the global economy, but the lack of enough healthy people to keep it going.

Wind and solar power, for all their benefits, such as a much lower emissions footprint, do have drawbacks, as does every source of energy. In this case, the drawback is the intermittency of generation. This intermittency cannot maintain the inertia necessary to keep the grid at 50 hertz.

Utilities know about the problem. “It is not a question about if a blackout in some European regions will happen, it is only a question of when it will happen,” said Stefan Zach, head of communication at Austrian utility EVN, told Bloomberg

Europe’s Unforeseen Renewables Problem

haifa ac 12:29 GMT February 2, 2021
Why is the EURUSD Trading Weak?

One more:
Bonds at 3 months lows---hinting of possible small rise in US interest rates.

dc CB 12:24 GMT February 2, 2021
Why is the EURUSD Trading Weak?

three more:
Oil --- still priced in USD-- wth the pres shutting down drilling and filling his admin with MidEast hawks to stir up the pot.

US Treas Debt--those huge auctions finding buyers--need them greenbacks.

US Ags---China is buying hand over fist driving corn prices to multi year highs, they are also loading ethanol. and of course Oil (see above)

haifa ac 12:20 GMT February 2, 2021
EURUSD 12120

Thanks, abel.

Hk Ab 12:16 GMT February 2, 2021
Gold
Reply   
Win a candy and lose a factory is not my style.....

Will celebrate by putting a buy at 1836.1

jkt abel 11:55 GMT February 2, 2021
EURUSD 12120

that Amman guy always sets his timeframe as hourly close

GVI Forex 11:31 GMT February 2, 2021
Why is the EURUSD Trading Weak?

Posted yesterday

Coming into the year the consensus was for continued dollar weakness and EURUSD strength. What we have seen is a mixed dollar. and weaker EURUSD. So the question is, 

Why is the EURUSD trading weak?

Why is the EURUSD Trading Weak?

Minneapolis DRS2 11:31 GMT February 2, 2021
EURUSD 12120

Before chasing price downward, it might be prudent to wait for a retest of 2060 and sell from there if that is your thing. The stops were tripped around 2060, and now the market is just waiting to see who takes the bait and goes prospecting for 1610 or whatever.

The 200h SMA is still 2130, and price is only 100 pips away.

london red 11:27 GMT February 2, 2021
eurusd

viies. so far the move from july 2020 to now is exactly like the move from july 2017 to feb 2018. what happened next was euro went sideways for 2 more months before moving lower. but then no two moves are the same. the odds of that happening are very small.

haifa ac 10:55 GMT February 2, 2021
EURUSD 12120

"unless price closed below 12050 "
Would help if you specified the time frame.

Tallinn viies 10:33 GMT February 2, 2021
eurusd
Reply   
true but all markets move together.
do you see stock forming a top for the year here?

jkt abel 10:32 GMT February 2, 2021
eurusd

well January could mark the high of the year 1.23xx

Tallinn viies 10:27 GMT February 2, 2021
eurusd
Reply   
got stoped out from my long eurusd.
last leg of uptrend which started near 1,16 is officially over. as long as 1,2350 not taken out I treat this move down as forming a yearly low in 1-st quarter. TARGET 1,1610.
weekly range so far 104 points. expected 142.
daily expected range 75-80 pips. downside could be then 1,2005/10.

this dollar strengh would start to influence all other asset classes soon.

Mtl JP 10:26 GMT February 2, 2021
Mkt



DLRx 9.04
-
Qs and A

london red 10:10 GMT February 2, 2021
EURUSD 12120

fwiw yesterdays daily bar doesnt bode well for euro to go straight up. it bodes better to go down first. then maybe up after testing sup by 12010/30. 12064 is the 38.2 of move from recent low. staying below there prob keeps pressure on until a lower sup tested.

Gaza Ibiza 09:33 GMT February 2, 2021
GBPUSD
Reply   
Shorting Cable with a tight stop above 1.3770 for 1.3500 looks appealing!

Amman wfakhoury 09:23 GMT February 2, 2021
EURUSD 12120
Reply   
EURUSD 12120 confirmed will be reached unless price closed below 12050 .now 12075

Tallinn viies 08:22 GMT February 2, 2021
eurusd
Reply   
euro started in asian near the lows.
asian guys bought it up to 1,2087. profit taking brought euro back to 64/65 just before european open.
expect it blast above 87 when Ldn joins.
before NYC 1,2115 will be touched.
of course everything good until all other markets on helium.

hk ab 08:08 GMT February 2, 2021
RISK ON

could become a "wet" dream.

Central Kwun 08:02 GMT February 2, 2021
Saved $10, smart
Reply   
Buy Crude
Entry: 1846 Target: Stop: 1836

buy again

PAR 07:58 GMT February 2, 2021
RISK ON
Reply   
An ocean of liquidity and hope for another gigantic stimulus package are sending US markets higher like a SpaceX rocket.

Last week was just a bad dream.

hk AB 07:47 GMT February 2, 2021
XAG
Reply   
where are those stupid "HKc9?"

My housewives gang seem doing a better job this time to beat the millennials hard with their stick at 30.0 handle.......

Maybe I should call them ninja housewives now.....

Tallinn viies 07:41 GMT February 2, 2021
Total holdings are now the equivalent of 847 million barrels
Reply   
847 millions of barrels of oil long. this equals 48,3 trillion dollars!!!!!
1,25% up again today. money machine at work.

Portfolio managers have been buyers for 11 weeks running, increasing their holdings by a total of 490 million barrels, according to records published by ICE Futures Europe and the U.S. Commodity Futures Trading Commission.

Column: Oil prices stall, hedge funds cautious buyers

Central Kwun 07:11 GMT February 2, 2021
Buy Buy Buy

Buy
Entry: 1856 Target: Stop:

stopped at 1853, sideline

Tallinn viies 07:02 GMT February 2, 2021
eurusd
Reply   
good morning,
eurusd very bearish as euro droped sharply yesterday after taking out previous day and previous week low. closed at the lows of the day. As long as previous day high at 1,2141 holds TARGET previous day 1,2057 low and if it istaken next previous month 1,2054 low. if taken next 100 day sma.
BUT you can forget that story as long as previous month low at 1,2054 holds.
all other markets again today up.oil near 1,5%. nasdaq100 was above 1% up. so it is not possible for euros to run different direction as long as previous month low holds. expect euro to test 200 hour sma again today. Im long eurusd at 1,2077. target today 1,2130/35.
if 1,2054 taken out then may drop quickly down to 1,1955.
Im short eurgbp and short brent.

Portaland OR 05:38 GMT February 2, 2021
Portland Junk Removal
Reply   
I think this is one of the best sources. Do you guys have a Facebook or myspace fan web page?

Portland junk removal

Central Kwun 03:51 GMT February 2, 2021
Buy Buy Buy
Reply   
Buy Gold
Entry: 1856 Target: Stop: 1846

buy Gold

hk ab 03:27 GMT February 2, 2021
XAG

Steven, you have mixed up "high growth product" with Macau Slot machine.....

hk ab 03:24 GMT February 2, 2021
XAG
Reply   
Steven, you can long now, still have $22 ahead....

Central Kwun 03:12 GMT February 2, 2021
Silver is weak today

Sell Gold
Entry: 1862 Target: Stop: 1872

closed at 1856, yummy breakfast

Central Kwun 01:45 GMT February 2, 2021
Silver is weak today
Reply   
Sell Gold
Entry: 1862 Target: Stop: 1872

sell now

 




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