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  • #1,136,121
  • Oct 1, 2017 2:43pm Oct 1, 2017 2:43pm
Quoting Ratmach
I know there's still a couple hours before the open... but as of right now it's looking like a pretty good gap DOWN coming (also for GP).
yea ,,,, bout down to the line in the sand from thursday and friday,,,,,,,,,last weeks S 2 level ,,,,,,,current chart below
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  • #1,136,122
  • Oct 1, 2017 2:50pm Oct 1, 2017 2:50pm
EUR to open about 25 pips lower due to Catalunia's unrest and yet another terror attack in France
  • #1,136,123
  • Oct 1, 2017 3:05pm Oct 1, 2017 3:05pm
Quoting VuLe
{quote} Adding another short with this gap down... looking at 1.165x could extend lower.
Moved sl to equal to previous open position on Friday. 1.1826
Trade what you see, take what the market gives you.
  • #1,136,124
  • Oct 1, 2017 3:20pm Oct 1, 2017 3:20pm
I wonder if when the martial law will be declared again in Spain, EUR/USD will drop to parity...
I am who I am
  • #1,136,125
  • Oct 1, 2017 3:43pm Oct 1, 2017 3:43pm
i'm long!!!
  • #1,136,126
  • Oct 1, 2017 3:57pm Oct 1, 2017 3:57pm
Quoting Samson85
i'm long!!!
dangerous.
they are giving free money to short, this month.
its overbought.
I'll shop after the drop
  • #1,136,127
  • Edited 4:38pm Oct 1, 2017 3:59pm | Edited 4:38pm
Like i said before
Price will open lower (gap down) however the 4H Stochastic will stay overbought down area, we will see price rise back to 1.19??? possibly 1.2??? mainly driven from news then from there the short begins with both daily stoch and 4 hour stoch overbought maybe on tuesday nigh (UK Time)
Trade what you see guys.

Food for thought i know this is EUR/USD but correlating pairs
EUR/USD-Down.........AUD/USD-up........ EUR/AUD.......massive short if your looking for a decent move
  • #1,136,128
  • Oct 1, 2017 4:02pm Oct 1, 2017 4:02pm
Quoting Samson85
i'm long!!!
dont stay in that long too long (no pun intended) ill be joining in though after the gap just to catch price move to 1.19 1.2 then ill be shorting for the rest of time
  • #1,136,129
  • Oct 1, 2017 4:08pm Oct 1, 2017 4:08pm
its in a semi pull back position. Also the one day chart is in a pull back position I fill. I have set the stop loss to the previous 1.178756. minimal risk
  • #1,136,130
  • Oct 1, 2017 4:19pm Oct 1, 2017 4:19pm
it could pull back to the 1.1820 area

but i'd rather wait for the EU session tomorrow before taking positions
  • #1,136,131
  • Oct 1, 2017 4:21pm Oct 1, 2017 4:21pm
MY BROKER STOPPED ME OUT 1.178756. BUT THE CHART HAS NOT EVEN BEEN THAT LOW!! LIKE WTF!!!!
  • #1,136,132
  • Oct 1, 2017 4:22pm Oct 1, 2017 4:22pm
Quoting Samson85
MY BROKER STOPPED ME OUT 1.178756. BUT THE CHART HAS NOT EVEN BEEN THAT LOW!! LIKE WTF!!!!
Is your broker a dealing desk or ECN
  • #1,136,133
  • Oct 1, 2017 4:24pm Oct 1, 2017 4:24pm
Quoting Samson85
MY BROKER STOPPED ME OUT 1.178756. BUT THE CHART HAS NOT EVEN BEEN THAT LOW!! LIKE WTF!!!!
Mine has it just slightly above that (by about half a pip)
  • #1,136,134
  • Oct 1, 2017 4:27pm Oct 1, 2017 4:27pm
CMC MARKETS!!! will call them tomorrow. It was only £60, but I am more pissed because I could miss out on the overall trade!!
  • #1,136,135
  • Oct 1, 2017 4:33pm Oct 1, 2017 4:33pm
Quoting Samson85
CMC MARKETS!!! will call them tomorrow. It was only £60, but I am more pissed because I could miss out on the overall trade!!
just looked them up there a market make and are not ECN/STP avoid. Apparantley
  • #1,136,136
  • Oct 1, 2017 4:35pm Oct 1, 2017 4:35pm
Quoting Samson85
CMC MARKETS!!! will call them tomorrow. It was only £60, but I am more pissed because I could miss out on the overall trade!!
Bucket shop, one of the worst.
trading is simple but is simple is not easy.
  • #1,136,137
  • Oct 1, 2017 4:44pm Oct 1, 2017 4:44pm
Quoting Neil0163
{quote} just looked them up there a market make and are not ECN/STP avoid. Apparantley
What's ecn/stp?
  • #1,136,138
  • Oct 1, 2017 4:54pm Oct 1, 2017 4:54pm
The short version is that STP/ECN brokers do not take the other side of trades, but send or match trades directly with the banks/liquidity providers. This is different from dealing desk market makers who would "trade against you" taking the other side of the trade and then deciding what to do with it (match it with another acct, send it to liquidity provider, or hold on to it themselves).

A market maker, or a Dealing desk is where the broker will take the opposite side of your trade if you buy they sell to match your trade if you sell they buy to match your trade. in the short term you will make money trading with Dealing desk but once youve taken money from that broker they have the ability to manipulate price and cause you to loose money, in the long run you will always loose money. theres a video on Youtube where a guy lost a couple of grand ill try and get it up its worth a watch. The broker manipulates price and causes him to loose thousands.
  • #1,136,139
  • Oct 1, 2017 4:59pm Oct 1, 2017 4:59pm
Inserted Video
  • #1,136,140
  • Oct 1, 2017 5:08pm Oct 1, 2017 5:08pm
Quoting Neil0163
The short version is that STP/ECN brokers do not take the other side of trades, but send or match trades directly with the banks/liquidity providers. This is different from dealing desk market makers who would "trade against you" taking the other side of the trade and then deciding what to do with it (match it with another acct, send it to liquidity provider, or hold on to it themselves). A market maker, or a Dealing desk is where the broker will take the opposite side of your trade if you buy they sell to match your trade if you sell they buy to...

What broker do you use? What top 5 u recommend?

Thanks for the info
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