one of my friend that work in Jpmorgan said.. they will put buy order on EUR against the USD
"whisper whisper: I got a tap on myshoulders... whisper whisper..."
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Focus only on what truly matters!
- #16,001
- Mar 9, 2018 6:07am Mar 9, 2018 6:07am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
"whisper whisper: I got a tap on myshoulders... whisper whisper..."
Stay Green
- #16,002
- Mar 9, 2018 6:08am Mar 9, 2018 6:08am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Did you notice the EURO screws everybody in my scenario? That's what makes it accurate! LOL!
cose it looks like a fkn continuation in some kinda broadening wedge pattern, sweeping SLs up'n'down!
Sure, it's acccurate! Isn't it what they usually do ...screw all!
Member
- #16,004
- Mar 9, 2018 6:15am Mar 9, 2018 6:15am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
one of my friend that work in Jpmorgan said.. they will put buy order on EUR against the USD
OMG, are those institutional guys scheming against each other ?!?!?!?
I'm so puzzled!!! Who's gonna take our money in the end?!?!?
ROTFL
Member
- #16,006
- Mar 9, 2018 6:45am Mar 9, 2018 6:45am
{quote} You remind me of Charlie Sheen in the original Wall Street movie..
Lol..today NFP will be give the bloody on the both side...im stay long euro
- #16,009
- Mar 9, 2018 6:57am Mar 9, 2018 6:57am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Member
- #16,012
- Mar 9, 2018 7:23am Mar 9, 2018 7:23am
- Joined Oct 2008 | Status: Price made me do it. (0.0) | 1,312 Posts
So sellers have been triggering all day, right?
That means they have been placing stops. And their stops have not been getting hit so far.
If you have been through NFP you know that volatility goes way up. Why?
Only one answer. Low liquidity. Who provides the most liquidity?
Institutions: banks, central banks, large funds.
Liquidity is Limit orders!!!
If then there is high volatility/low liquidity that means limit orders are very few and stop orders/market orders are still around.
Try to find a good place where you might put a limit order that is far enough away from current price.
This is where institutions will start buying and selling.
This is why the big whipsaws happen. Institutions move their limit orders out and stops/market orders take over for a short time. Then they hit the brakes(limit orders).
That means they have been placing stops. And their stops have not been getting hit so far.
If you have been through NFP you know that volatility goes way up. Why?
Only one answer. Low liquidity. Who provides the most liquidity?
Institutions: banks, central banks, large funds.
Liquidity is Limit orders!!!
If then there is high volatility/low liquidity that means limit orders are very few and stop orders/market orders are still around.
Try to find a good place where you might put a limit order that is far enough away from current price.
This is where institutions will start buying and selling.
This is why the big whipsaws happen. Institutions move their limit orders out and stops/market orders take over for a short time. Then they hit the brakes(limit orders).
- #16,013
- Mar 9, 2018 7:24am Mar 9, 2018 7:24am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
So sellers have been triggering all day, right? That means they have been placing stops. And their stops have not been getting hit so far. If you have been through NFP you know that volatility goes way up. Why? Only one answer. Low liquidity. Who provides the most liquidity? Institutions: banks, central banks, large funds. Liquidity is Limit orders!!! If then there is high volatility/low liquidity that means limit orders are very few and stop orders/market orders are still around. Try to find a good place where you might put a limit order that is...
Member
- #16,014
- Mar 9, 2018 7:27am Mar 9, 2018 7:27am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
So sellers have been triggering all day, right? That means they have been placing stops. And their stops have not been getting hit so far. If you have been through NFP you know that volatility goes way up. Why? Only one answer. Low liquidity. Who provides the most liquidity? Institutions: banks, central banks, large funds. Liquidity is Limit orders!!! If then there is high volatility/low liquidity that means limit orders are very few and stop orders/market orders are still around. Try to find a good place where you might put a limit order that is...
Stay Green
Focus only on what truly matters!
- #16,015
- Mar 9, 2018 7:28am Mar 9, 2018 7:28am
- Joined Oct 2012 | Status: Trader | 2,501 Posts
Trade what you see, take what the market gives you.
- #16,016
- Mar 9, 2018 7:31am Mar 9, 2018 7:31am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Pending Order long.. but this time will not tell where I put it.. SL: 10 pips.. 
Stay Green
Stay Green
Focus only on what truly matters!
- #16,020
- Mar 9, 2018 7:36am Mar 9, 2018 7:36am
- Joined Oct 2008 | Status: Price made me do it. (0.0) | 1,312 Posts
{quote} Peter Sellers... that's all I can say before NFP...
Not quite sure what you mean.