zzz... | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Via indicator: trading xxxyyy via zzz 0 replies

zzz...

  • #1
  • First Post: Nov 20, 2006 9:29am Nov 20, 2006 9:29am
kind of says it all huh.............................. lol
Ghost Swoopen in for my pips while no one is lookin !!
  • #2
  • Nov 20, 2006 9:35am Nov 20, 2006 9:35am
LOL

yeah whole week will probably be like this
Relax and be happy.
  • #3
  • Nov 20, 2006 9:38am Nov 20, 2006 9:38am
Quoting merlin
LOL

yeah whole week will probably be like this
well ill be fine with a range bound week, i love range trading
Ghost Swoopen in for my pips while no one is lookin !!
  • #4
  • Nov 20, 2006 9:47am Nov 20, 2006 9:47am
Quoting merlin
LOL

yeah whole week will probably be like this
Mark all the news as red, maybe something will happen? lol
  • #5
  • Nov 21, 2006 5:31am Nov 21, 2006 5:31am
Wow umm is it futile to even get up this week GBP has ranged within a 40 pip channel? Has that ever happened besides day before Non Farm? KRIKEY!!!!!! lol
Ghost Swoopen in for my pips while no one is lookin !!
  • #6
  • Nov 21, 2006 5:34am Nov 21, 2006 5:34am
Quoting Ghostpipper
Wow umm is it futile to even get up this week GBP has ranged within a 40 pip channel? Has that ever happened besides day before Non Farm? KRIKEY!!!!!! lol
How can London not move the market more than that, its not there Turkey day this week?
Ghost Swoopen in for my pips while no one is lookin !!
  • #7
  • Nov 21, 2006 5:57am Nov 21, 2006 5:57am
when theres nothing to trade, why bother! as i said in my trading plan, no news, no direction, to risky, will demo trade this week instead

will be like this all week! wait till thursday/friday then you really will snooze
  • #8
  • Nov 21, 2006 6:30am Nov 21, 2006 6:30am
any idea why there is such low trading volume? maybe b/c of holiday, but that should not affect europe or uk
  • #9
  • Edited 8:24am Nov 21, 2006 7:45am | Edited 8:24am
I'm in Oz. I observe everyone's holidays.

By holiday, do you guys mean Thanks Giving later in the week??

Serious note though... It seems that the whole forex market observes U.S. Hollidays and keeps on the low.
I haven't researched this properly, but from observation all this year it appears that when there's a U.S. holiday the rest of the world is cautious about opening new positions and the effect can affect more than that particular day.

Only makes sense... the U.S. of A is the worlds 'motor' economy.

Doh! ...I'm away a lot lately and by coincidence it's corresponded with the best trading weeks!!

I'll be around more around xmas time. Can't wait for all that frenzied Xmas time trading. ...lol
Bundy's status today: "Waiting..."
  • #10
  • Edited 8:27am Nov 21, 2006 8:00am | Edited 8:27am
If you watch CNBC in the morning, WorldWide Exchange, you'll notice that when our markets rally, it causes a subsequent rally across the globe in the overnight hours, especially the Asian markets. The FTSE and DAK also respond well to NYSE rally's.
Capital Preservation is key to long term wealth accumulation
  • #11
  • Nov 21, 2006 8:05am Nov 21, 2006 8:05am
Is this a record?

I just netted 61/100 of a pip on a two lot mini. I think that works out to about $7.32 an hour.
What does McDonalds pay?
  • #12
  • Nov 21, 2006 10:32am Nov 21, 2006 10:32am
lol. I think there will be movement tonight.
  • #13
  • Nov 21, 2006 10:38am Nov 21, 2006 10:38am
Yep, ya kinda get used to it. If you think it's slow now, wait until Christmas week...

It really doesn't pick up until the New Year across the board... especially with equities.
Mr. Trend
  • #14
  • Nov 21, 2006 11:22am Nov 21, 2006 11:22am
shouldnt there be a great increase in activity in the market after the thanksgiving day since people go out and buy stuff like crazy on friday?, sorry if its a newb question!
Egyptian and proud of it!
  • #15
  • Nov 21, 2006 11:40am Nov 21, 2006 11:40am
Quoting g-dogg
shouldnt there be a great increase in activity in the market after the thanksgiving day since people go out and buy stuff like crazy on friday?, sorry if its a newb question!
No. Just because people are going to the stores doesn't mean the markets will move because of it... that's not what moves the market.
Mr. Trend
  • #16
  • Nov 21, 2006 12:49pm Nov 21, 2006 12:49pm
Quoting MuddBuddha
If you watch CNBC in the morning, WorldWide Exchange, you'll notice that when our markets rally, it causes a subsequent rally across the globe in the overnight hours, especially the Asian markets. The FTSE and DAK also respond well to NYSE rally's.
So when the stock exchange does well we have dollar love in the asian market that night? is that what you are saying, have u researched this much at all?
Ghost Swoopen in for my pips while no one is lookin !!
  • #17
  • Nov 21, 2006 4:08pm Nov 21, 2006 4:08pm
Quoting Mr Trend
No. Just because people are going to the stores doesn't mean the markets will move because of it... that's not what moves the market.
i know that but i guess what i thought is that there would be an increase in profit for big companies which in turn strengthens the economy which would strengthen the dollar.
Egyptian and proud of it!
  • #18
  • Nov 21, 2006 4:19pm Nov 21, 2006 4:19pm
Quoting g-dogg
i know that but i guess what i thought is that there would be an increase in profit for big companies which in turn strengthens the economy which would strengthen the dollar.
Not that quick yo.
Mr. Trend
  • #19
  • Nov 21, 2006 4:40pm Nov 21, 2006 4:40pm
I'm expecting some position liquidation. Which should bring us back to the 1.28 level on the eur/usd. I don't think anyone wants anything but a pause this week. Monday will be interesting though.

Also.. Who said there will be a tight range through christmas? Look at history. I know 3 yrs ago i started trading during christmas time and was trading 100 pip+ rallies. And last year i remember distinctly trading 100 pip movements daily (i didnt make 100 pips, I mean the market moved that) on the euro.

I do doubt we will see consolidation during december.

Febuary is the month to watch...If you can make it there.
  • #20
  • Nov 21, 2006 5:01pm Nov 21, 2006 5:01pm
Quoting Takisd
Also.. Who said there will be a tight range through christmas?
When it comes to equities it is. As a rule, the markets are always slower around the holidays... and of course August when Europe is trying to beat the heat.

I'm already seeing it slow this week. And when you count the fact that we are at a low in volatility in the currency markets already...
Mr. Trend
0 traders viewing now