March 9 2020 FX Market opening
What is going on! All my opening positions are in serious DD !!!
What is going on! All my opening positions are in serious DD !!!
- #2
- Mar 8, 2020 4:48pm Mar 8, 2020 4:48pm
- Joined Jul 2011 | Status: Gold Again | 10,565 Posts
March 9 2020 FX Market opening What is going on! All my opening positions are in serious DD !!!
It takes a lot for me to IGNORE you, but you can try.
- #5
- Mar 8, 2020 8:07pm Mar 8, 2020 8:07pm
- Joined Aug 2007 | Status: Trader | 3,203 Posts
Just hope no one else sneezes....
Im ready..........
Master your Mind,,,Master the Market
- #6
- Mar 8, 2020 8:30pm Mar 8, 2020 8:30pm
- Joined May 2010 | Status: Straight line Fest | 3,194 Posts
{quote} Im ready.......... {image}
- #8
- Mar 8, 2020 10:21pm Mar 8, 2020 10:21pm
- Joined Jul 2011 | Status: Gold Again | 10,565 Posts
ADR% is over 500 for some pairs..over 350 pips down then up within an hour!!..This is just manipulation...Unreal! Can not imagine after London opening or NY stocks market opening! just a stupid Flu would not do that... it is an opportunity for pure manipulation.
But it’s a very well OILed FLU
https://www.forexfactory.com/news/98...s-market-panic
It takes a lot for me to IGNORE you, but you can try.
- #9
- Mar 8, 2020 10:48pm Mar 8, 2020 10:48pm
- Joined Aug 2007 | Status: Trader | 3,203 Posts
ADR% is over 500 for some pairs..over 350 pips down then up within an hour!!..This is just manipulation...Unreal! Can not imagine after London opening or NY stocks market opening! just a stupid Flu would not do that... it is an opportunity for pure manipulation.
The Manipulation is very very precise in its actions and used for targeting liquidity only.
Its how the market works all day every day. The difference here is we see it as a much larger fractal than it appears
on a day to day basis...
But the reality is this... What we all witnessed today happens every single day right down to the 1M
Targets and Liquidity...Liquidity targets to the pip across all TFs.
The market opened up last week with some serious gaps... World events this past week
deeply worsened. Including the Saudis/Rusians oil debacle... Which then effects currencies like the
CAD for example...
All of these and more factors leave the markets ripe for running liquidity stops. Yes PURE MANIPULATION
But not like the neophytes think..that its broker manipulation...MUCH MUCH MUCH BIGGER.
Considering how this past week went. NO ONE should have left trades open over the weekend.
Under normal trading conditions its risky... With the events of last week and the souring news
No trader should have had market exposure!
Perhaps I shall post up some charts that show the precision of these spikes we just all watched.
I do hope you survived.
Personally ive been wiped out in the past over weekend Gaps/Spikes and trading too heavy.
Its a lesson we all learn.
CHeers
Blue
Master your Mind,,,Master the Market
- #10
- Mar 8, 2020 10:59pm Mar 8, 2020 10:59pm
- Joined Aug 2007 | Status: Trader | 3,203 Posts
Was just on a Skype call with some other friends (traders) all watching the charts today.
Funny thing as we were just chatting about what this article is exactly talking about and
all sitting on the sidelines. And Shazam shit hits the fan lol.....
Good time to trade very very light if at all....
I honestly cant believe that "that Guru Guy" running "that" thread was holding over the weekend and
God knows how many of his followers too! Maybe some of them might wake up now that their
accounts have been sucked dry. Some very bad teaching IMO.
Master your Mind,,,Master the Market
- #11
- Edited 11:25pm Mar 8, 2020 11:08pm | Edited 11:25pm
- Joined Jan 2020 | Status: Membership revoke | 2,332 Posts
Know what you trade
- #15
- Mar 9, 2020 4:26am Mar 9, 2020 4:26am
- Joined Jul 2011 | Status: Gold Again | 10,565 Posts
{quote} Yep..... I honestly cant believe that "that Guru Guy" running "that" thread was holding over the weekend and God knows how many of his followers too! Maybe some of them might wake up now that their accounts have been sucked dry. Some very bad teaching IMO.
I questioned why they would place 10 by 0.01 trades instead of 1 by 0.10
Got me banned, but I think it was so the Pips Meter would read 100 pips instead of 10
They used to show and claim HUGE pips totals
I’m sure they had some wins, even a blind squirrel finds a nut occasionally
It takes a lot for me to IGNORE you, but you can try.
- #16
- Mar 9, 2020 4:51am Mar 9, 2020 4:51am
- | Commercial User | Joined Aug 2014 | 3,922 Posts
{quote} And a few brave have reported their losses, the rest are silent majority, licking the wounds I questioned why they would place 10 by 0.01 trades instead of 1 by 0.10 Got me banned, but I think it was so the Pips Meter would read 100 pips instead of 10 They used to show and claim HUGE pips totals I’m sure they had some wins, even a blind squirrel finds a nut occasionally
just bcos you think you dont, doesnt make those who like automatically wrong.
must add, if someone dont care the total pips, is me. if there is high number of pips once in a while, it is only a lucky byproduct.
there is always, always another trade!!
- #18
- Mar 9, 2020 11:23am Mar 9, 2020 11:23am
- Joined Jul 2011 | Status: Gold Again | 10,565 Posts
{quote} some find advantage in scaling in and out, vs all in at once. just bcos you think you dont, doesnt make those who like automatically wrong. must add, if someone dont care the total pips, is me. if there is high number of pips once in a while, it is only a lucky byproduct.
probably why they got hit hard, too many clicks to close them all, unless they had the panic Script ready
Anyway, he’s back in business
It takes a lot for me to IGNORE you, but you can try.
