Disliked{quote} I think It would be wise to exit before 1.0650. There are heavy volumes indicating possible short.Ignored
Thanks for the heads up.
Akif,
2
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Disliked{quote} I think It would be wise to exit before 1.0650. There are heavy volumes indicating possible short.Ignored
Disliked{quote} Good job mate! You really outsmarted the market today!!!Ignored
Disliked{quote} I think It would be wise to exit before 1.0650. There are heavy volumes indicating possible short.Ignored
DislikedThank you so much Dale, Ziggy and all experts for sharing your precious ideas. Dale, you earlier referred to http://www.cmegroup.com/trading/fx/g10/euro-fx.html. Can you please help me interpreting the following. What does it tell and how is it helpful? {image} {image}Ignored
Disliked{quote} for the purposes that it's being used for look to the right & you'll see volume, you'll see for March there are 73,570 contracts traded, for June only 69. Futures contracts are 3 monthly, the nearest expiry is the March contract and unsurprisingly it is the most heavily traded. This means that Dale, and anyone else looking at the futures chart, will look at the chart for the March expiry to base their analysis on. When the June contract overtakes the March contract in terms of volume traded, they will switch to the June chart to base their...Ignored
Disliked{quote} Thank you so much Ziggy for sparing time to explain that. It solved much of my confusion. I don't mean to bother you, but will ask one more thing... Besides volume, Is it "Prior Settle" price on which you base your decision or something else?? I means what interests you besides volume? Sorry if it is a childish one, but I am keen to learn how it can be helpful...Ignored
Disliked{quote} Hi Adem71 maybe some thoughts too on the picture you tagged will be good for us too. some text and intention to highlight the picture will be go a long way in understanding the complete scenario.So if you could pl. ThanksIgnored
Disliked{quote} I'm not personally using this info - but if you click onto the graph symbol you'll see a chart much the same as any other, the prior settlement is the previous trading day close (as I understand it). So this info is used only to determine which chart to look at, after that you go to the chart for that contract (if you have such information - which I don't) and then use your chart reading skills. It's all about finding out which contract needs to be examined, and then trying to put together a map showing what to expect IF price reaches certain...Ignored