Why is the market quite today? | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

A quite radical approach to forex trading 10 replies

Is Oanda Broker reliable enough to send quite a big money? 3 replies

Quite interesting indicator, isn't it? 10 replies

Cable has become quite popular... 11 replies

Why is the market quite today?

  • #1
  • First Post: May 26, 2008 5:17am May 26, 2008 5:17am
I have taken a position on Gbp/Usd and for more than two hours the market is still and not moving. How can I know when the market is moving. Why are some days having high votality and some other days things are quiet?
  • #2
  • May 26, 2008 5:21am May 26, 2008 5:21am
If you are member of FF, how could you not know that today is public holiday in USA & UK!?

http://www.forexfactory.com/
  • #3
  • May 26, 2008 5:28am May 26, 2008 5:28am
Quoting uncletrumpet
I have taken a position on Gbp/Usd and for more than two hours the market is still and not moving. How can I know when the market is moving. Why are some days having high votality and some other days things are quiet?
because u cant move the market with nothing...
its just money
  • #4
  • May 26, 2008 5:30am May 26, 2008 5:30am
be ready for a big move ...im going long
StopLoss is for none belivers... Trust the Gurus..
  • #5
  • May 26, 2008 5:32am May 26, 2008 5:32am
Quoting lillelise
be ready for a big move ...im going long
going long on what?
  • #6
  • May 26, 2008 5:34am May 26, 2008 5:34am
Quoting Thanes
going long on what?
all of them
StopLoss is for none belivers... Trust the Gurus..
  • #7
  • May 26, 2008 5:36am May 26, 2008 5:36am
Quoting lillelise
all of them
eurusd...think it will test 1,5800
StopLoss is for none belivers... Trust the Gurus..
  • #8
  • May 26, 2008 5:44am May 26, 2008 5:44am
Quoting uncletrumpet
I have taken a position on Gbp/Usd and for more than two hours the market is still and not moving. How can I know when the market is moving. Why are some days having high votality and some other days things are quiet?
please stop trading before you hurt yourself.
If I Go Broke Trying Then I Will die happy.
  • #9
  • May 26, 2008 5:45am May 26, 2008 5:45am
Quoting lillelise
be ready for a big move ...im going long
are you still in the blowing account stage.
If I Go Broke Trying Then I Will die happy.
  • #10
  • May 26, 2008 5:50am May 26, 2008 5:50am
Quoting Moe
are you still in the blowing account stage.
lol it was actually sarcasme..i doubt my trades move anything..exect my emotions...
StopLoss is for none belivers... Trust the Gurus..
  • #11
  • May 26, 2008 5:50am May 26, 2008 5:50am
If I Go Broke Trying Then I Will die happy.
  • #12
  • May 26, 2008 6:00am May 26, 2008 6:00am
Quoting Moe
please stop trading before you hurt yourself.
Agree bro............... Is more risky for taxi driver drive formula one......than Michael Schumacher.........
  • #13
  • May 26, 2008 6:00am May 26, 2008 6:00am
Quoting Moe
20% Of Boys Take 80% Of The Girls

?????
  • #14
  • May 26, 2008 6:03am May 26, 2008 6:03am
Wow. You guys are really hard on each other.


To the OP. Trading forex is tough. You have to know what happening all over the world, not just in your own country. Check the Forex Factory calendar everyday (before trading). Funny thing is sometimes the market really moves on holidays when volume is thin. Other times everyone is just content to take some time off.
  • #15
  • May 26, 2008 6:47am May 26, 2008 6:47am
Up until a few years back I think I'd be right in saying you could only buy, or go long.
Then came the retail invesors paradise with the possibility of shorting everything.

I'm just wondering how long it will be before we can bet on sideways. Today I would've taken my broker to the cleaners !!
  • #16
  • May 26, 2008 7:18am May 26, 2008 7:18am
It's great. It's the May bank holiday... and it's pissing it down.
The market reveals who we really are...
  • #17
  • May 26, 2008 8:37am May 26, 2008 8:37am
LOL at this topic "where is everybody?"
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 19.6%
  • #18
  • May 26, 2008 8:42am May 26, 2008 8:42am
we just need some of the EA guys to make one for it
StopLoss is for none belivers... Trust the Gurus..
  • #19
  • May 26, 2008 10:21am May 26, 2008 10:21am
it is one thing I still don't understand....
as always in forex anything can happen....
there are sometimes that if there is no volume there is no move...but sometimes it moves a lot... because there is no liquidity in opposite positions because there is noone buying the sells or selling the buys. so the market moves faster if some big bank doesn't follow the holidays rule.

analizing the small timeframes on a holidays day gives you an idea of what forex should be without big sharks eating small investors.

also... I don't know but maybe next day to a holiday day price can be considered like a gap if price has moved a lot from previous labor day?
  • #20
  • May 26, 2008 10:23am May 26, 2008 10:23am
holiday's ---love em... take all my moving average crosses and go for the gusto!
0 traders viewing now