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  • #62,621
  • Feb 8, 2009 8:40am Feb 8, 2009 8:40am
Quoting SunTrader
Might be a gap, but until the real market opens it is all speculation. I know how some like to think 1 lot traders doing trades over the weekend are meaningful.

Oh and btw the CME (fx futures) decided to roll back their Sun night opening hours starting today by 2 hours. Must be because there wasn't the volume. So if it isn't in the futures market seems reasonable to think it isn't in the spot market.
It's all speculation! And?
  • #62,622
  • Edited 9:09am Feb 8, 2009 8:50am | Edited 9:09am
Quoting SunTrader
Might be a gap, but until the real market opens it is all speculation. I know how some like to think 1 lot traders doing trades over the weekend are meaningful.

Oh and btw the CME (fx futures) decided to roll back their Sun night opening hours starting today by 2 hours. Must be because there wasn't the volume. So if it isn't in the futures market seems reasonable to think it isn't in the spot market.
You know I really don't get what the hell is wrong with this dude. Everyone already knows his feelings on weekend activity. HE DOESN'T CONSIDER IT VALID! But yet every weekend when people are just kicking the ish about what gaps there may and may not be, here he comes blowing out his pie hole. Suntrader. Not everyone takes your opinion when it comes to what activity there may and may not be during the weekend, and whether it is and is not valid. Some people don't have too much else to do sometimes, and they read charts, go over the past weeks trades, read news events, and try to speculate on what the direction the pair will head on opening. Doesn't mean a whole lot if the current gap is there or not, like Knucle said, it can't be traded. If you don't agree with what's jumping off on the weekends, then this is not a subject for you. Hold it down son, there will be plenty of other topics for which you can voice your 2 and 5 and 10 cents in with out creating drama. But every weekend it seems like it's gonna be the same ol ish. and I don't have you on the iggy list if you feel you need to holla back at me, but at least respect the board and do it in private.
  • #62,623
  • Feb 8, 2009 9:08am Feb 8, 2009 9:08am
Quoting SunTrader
Might be a gap, but until the real market opens it is all speculation. I know how some like to think 1 lot traders doing trades over the weekend are meaningful.

Oh and btw the CME (fx futures) decided to roll back their Sun night opening hours starting today by 2 hours. Must be because there wasn't the volume. So if it isn't in the futures market seems reasonable to think it isn't in the spot market.
And in regards to 1 lot traders over the weekend being meaningful!

Make yourself useful. look at the quotes for the Eu, and the USD/CHF and tell us if they are correct, and if they are correct that was a hell of a lot more than 1 lot being traded.
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  • #62,624
  • Feb 8, 2009 9:28am Feb 8, 2009 9:28am
Quoting gregam1128
And in regards to 1 lot traders over the weekend being meaningful!

Make yourself useful. look at the quotes for the Eu, and the USD/CHF and tell us if they are correct, and if they are correct that was a hell of a lot more than 1 lot being traded.
which broker is that?
  • #62,625
  • Feb 8, 2009 9:37am Feb 8, 2009 9:37am
http://www.forex-markets.com/quotes.htm

Just something I like to browse to on the weekends. May not have any real significance.
  • #62,626
  • Feb 8, 2009 10:05am Feb 8, 2009 10:05am
Quoting gregam1128
http://www.forex-markets.com/quotes.htm

Just something I like to browse to on the weekends. May not have any real significance.

If your going to spend your weekends on line, do it rotting your brain
http://www.hulu.com/watch/51883/24-8...-and-Adventure

And please, Gregam leave Suntrader alone. I happen to find what he says interesting. Try not pissing off people we can learn from. Relax enjoy mindless entertainment, and maybe a cold beer. The market will open when it's ready, and the price will be what it is. Have a little fun
  • #62,627
  • Edited 2:51pm Feb 8, 2009 10:13am | Edited 2:51pm
Quoting knuckledrag
If your going to spend your weekends on line, do it rotting your brain
http://www.hulu.com/watch/51883/24-8...-and-Adventure

And please, Gregam leave Suntrader alone. I happen to find what he says interesting. Try not pissing off people we can learn from. Relax enjoy mindless entertainment, and maybe a cold beer. The market will open when it's ready, and the price will be what it is. Have a little fun
I hear you knuckle. After reading my post over I do feel I might have come at him a little hard. I apologize for that. The line that he said about people thinking 1 lot trades make a difference kind of just irritated me. I could sense the sarcasm there. In regards to learning from people, I do realize a lot of people are here to learn from others. I myself am not. I do quite well by not confusing my own analysis with that of others. If I take a loss, charge it to the game and keep on rolling. I frequent these forums to give helpful advice, and shoot the ish during down times. However I will not stand in the way of all of the good people on the thread, who are here to learn, or for whatever reasons that they do frequent the eu. Have a good trading week.

By the way, good link!
  • #62,628
  • Feb 8, 2009 10:30am Feb 8, 2009 10:30am
Quotes are now back to "normal" prices:
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  • #62,629
  • Feb 8, 2009 10:35am Feb 8, 2009 10:35am
Quoting gregam1128
I hear you knuckle. After reading my post over I do feel I might have come at him a little hard. I apologize for that. The line that he said about people thinking 1 lot trades make a difference kind of just irritated me. I could sense the sarcasm there. In regards to learning from people, I do realize a lot of people are here to learn from others. I myself am not. I do quite well by not confusing my own analysis with that of others. If I take a loss, charge it do the game and keep on rolling....
I'm glad you like the link(even though it has nothing to do with trading). I'm happy your doing well in your trading. Some of us do come here for the small nuggets of insight provided by others, and then see if we can incorporate them into our own trades. I've built a house or two over the last few years. None of them leak and they are still standing, but I still look at new building materials and blue prints. Learning is something I just do.
  • #62,630
  • Feb 8, 2009 11:02am Feb 8, 2009 11:02am
Quoting Bemac
Longs:
Man; this is looking HARD SOUTH @ the moment.
Intervention excluded.
What he said!!!

Zoom out for a minute guys. don't ever buck the trend (unless you are a velesoraptor scalper )

Btw Hi Bemac, it is good to be back.
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,631
  • Feb 8, 2009 11:45am Feb 8, 2009 11:45am
great if this thing gaps down. better position to go long for the week
  • #62,632
  • Feb 8, 2009 12:51pm Feb 8, 2009 12:51pm
Quoting emda
great if this thing gaps down. better position to go long for the week
The things are not clear so far. I would say, it is better let The guitar handle a little more
  • #62,633
  • Feb 8, 2009 1:07pm Feb 8, 2009 1:07pm
The triangle breakout on Daily should tell where this pair will want to go...
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  • #62,634
  • Feb 8, 2009 1:34pm Feb 8, 2009 1:34pm
the eur is at the moment in dawnward pennant and will soon break out to the south on its way to parity or near parity at year end..

any comments ?
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  • #62,635
  • Feb 8, 2009 1:42pm Feb 8, 2009 1:42pm
Quoting snprr
I'm short from 1.2176 sl: 1.2265. I took the position Friday
morning around 8AM EST. I wanted to trail the stop, but
fell asleep because of whacky sleeping patterns last week.
Luckily price didnt suddenly reverse on me through my stop
again. I'm thinking about moving the s/l asap to 1.2170, about
breakeven. I'll cover on another bounce around 1.1205 area,
but I'd like to leave the trade open and hopefully make some
decent gains on a break below 1.2060 area. I wish I wouldve
gotten in earlier, but have been focusing on the GBPUSD and
USDCHF lately....
I went long about 8:27am right before the report came out and caught most of that bounce in the morning...I'm hoping your utilizing your oscillators and ADX also. For a good 1-2 hour after the news the trade carryed the pair higher..So I made a great amount of pips off the news...
  • #62,636
  • Feb 8, 2009 2:00pm Feb 8, 2009 2:00pm
This is from a 6hr chart with tl's drawn from 4 months ago. The 3 circled areas are what I consider to be critical areas at this time. PA has respected these lines for months, so I see this as decision time. Up or down. I favor down because I also think we are looking at parity by years end. That has been the history of the pair during every recession period.
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  • #62,637
  • Feb 8, 2009 2:23pm Feb 8, 2009 2:23pm
what time market opens?
  • #62,638
  • Feb 8, 2009 2:26pm Feb 8, 2009 2:26pm
all depends on the broker. Some brokers are online now. My broker which is Interbank has another 35 minutes to go.
  • #62,639
  • Feb 8, 2009 2:27pm Feb 8, 2009 2:27pm
Quoting amar747
what time market opens?
Sydney opened 25 minutes ago
Tokyo opens in 1H 35M
London opens in 9H 35M

Have no idea what time your broker goes online.
  • #62,640
  • Feb 8, 2009 2:27pm Feb 8, 2009 2:27pm
Can someone give me the weekly close or where I can find it. Please
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