DislikedNever ceases to amaze me the lack of interest threads like these get. I would cringe when reading these forums if I traded for a living, that's for sure.Ignored
ebook wanted:No Fail forex 1 reply
How to Get Anything You Want (free ebook) 55 replies
Recommend an ebook on trendlines.... 10 replies
DislikedNever ceases to amaze me the lack of interest threads like these get. I would cringe when reading these forums if I traded for a living, that's for sure.Ignored
DislikedEUR/USD interesting psychology atm {image} If we look at the order graph we can see that there are still lots of people short from 1.10200 to 1.10500 levels, if these people don't exit their trades when the market moves lower we may see some kind of retrace back up , make em nervous that their only gonna end up with a small profit meaning they close their positions. {image} As for the people who were long before the drop.. well its safe to say they got completely obliterated.Ignored
DislikedA few did, if you scroll through the order book you can see the open positions decrease slightly as the consolidation continued, then the drop earlier happened which forced many to close, you can see a large reduction in the number of trapped longs after the news release. Before Release {image} After {image}Ignored
DislikedI would expect the remaining orders to drop if the market continues lower i mean these longs are at quite a significant loss right now , doubt they can take much more pain. I think there live Dane, tbh its something I've never really thought about i always just assumed they were live. As for the 1.11750 don't know whats going on here such a dramatic increase, if there stop orders which i think they are cos there's no kind of technical reason as to why a sell trade would be placed here then i think that means that the traders whose stops these are...Ignored
Disliked{quote} Given it's a zero sum game buyers need sellers and visa versa .....Ignored