- #84,981
- Apr 12, 2009 3:42pm Apr 12, 2009 3:42pm
- | Joined Feb 2009 | Status: when dreamer meets reality | 1,397 Posts
- #84,982
- Apr 12, 2009 3:43pm Apr 12, 2009 3:43pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #84,983
- Apr 12, 2009 3:47pm Apr 12, 2009 3:47pm
- | Joined Oct 2007 | Status: work in progress | 1,009 Posts
The actual high was 1.3203, the spread gave me an effective entry @ 1.3196.
By the way my "good-feel" indicator tells me that it won't go much higher than that, but we'll see.
the high was 3196 not 3203 so far
I dont care what feed you have it has not gone higher than 3196
Don't chase the market, Let the market come to you
- #84,984
- Apr 12, 2009 3:51pm Apr 12, 2009 3:51pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
the high was 3196 not 3203 so far
New voice message: Why are you calling me? If I need you, I'll call you!
- #84,986
- Apr 12, 2009 3:57pm Apr 12, 2009 3:57pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
sorry but i have to call something when I think it is misleading as there are many newbies who blindly follow these threads
I am watching eu .... not sure how killer is getting these trades .... there is such low liquidity in the market it is jumping form one price to the next almost gapping.
do not really know why killer is even making these posts .. may as well go to the casino and throw money on a roulette table
not just that but i have fxcm high vol account ... typically 1 pip spread eu and right now I have 3 , so i am sure others are getting 5 - 6 due to low liquidity in market.
check out that vol on this chart it is form 300 sources (way lower than fridays very low vol day) .. shows how low the liquidity really is ....lets see take match and burn money or trade fx right now they equate to the same thing
I am watching eu .... not sure how killer is getting these trades .... there is such low liquidity in the market it is jumping form one price to the next almost gapping.
do not really know why killer is even making these posts .. may as well go to the casino and throw money on a roulette table
not just that but i have fxcm high vol account ... typically 1 pip spread eu and right now I have 3 , so i am sure others are getting 5 - 6 due to low liquidity in market.
check out that vol on this chart it is form 300 sources (way lower than fridays very low vol day) .. shows how low the liquidity really is ....lets see take match and burn money or trade fx right now they equate to the same thing
Blogging daily now at www.volume.zone
- #84,987
- Apr 12, 2009 4:02pm Apr 12, 2009 4:02pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #84,988
- Apr 12, 2009 4:02pm Apr 12, 2009 4:02pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
sorry but i have to call something when I think it is misleading as there are many newbies who blindly follow these threads
............lets see take match and burn money or trade fx right now they equate to the same thing
I'm thinking 90%+ won't.
- #84,989
- Apr 12, 2009 4:05pm Apr 12, 2009 4:05pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Well said. Now how many will listen .......
I'm thinking 90%+ won't.
if one really has to trade this time of day on an easter sunday when liquidity will be way lower than other sundays , then look at the long term trend and trade with it , place 100 pip stops , and then pray you do not get stopped out. The problem with eu right now is the 4 hour trend up or down ? it could be a flag or a channel
Blogging daily now at www.volume.zone
- #84,990
- Apr 12, 2009 4:06pm Apr 12, 2009 4:06pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #84,991
- Apr 12, 2009 4:07pm Apr 12, 2009 4:07pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Well said. Now how many will listen .......
I'm thinking 90%+ won't.
I am also itching to trade .... like an addict waiting for a fix ...lol
but know when to be in the market and when to stay out and right now is a time to stay out , so going to go to go and enjoy my easter with the family.
Blogging daily now at www.volume.zone
- #84,992
- Apr 12, 2009 4:07pm Apr 12, 2009 4:07pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
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- #84,995
- Apr 12, 2009 4:11pm Apr 12, 2009 4:11pm
- Joined Oct 2007 | Status: Pip Seer | 1,299 Posts
Pip what you see; See what you pip!
- #84,996
- Apr 12, 2009 4:11pm Apr 12, 2009 4:11pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
I have said this often but I don't believe anyone has every acknowledged here that they realize this:
that the price on a forex chart is the bid price and not actual trades.
It is the change in the bid over time and not change in trades values.
BTW Friday's close of 1.3187, I got your gap right here
, was the same as tonight's open. Oh I forgot there was 6 trades of 18 microlots in Swaziland during the weekend, with a holiday no less.
that the price on a forex chart is the bid price and not actual trades.
It is the change in the bid over time and not change in trades values.
BTW Friday's close of 1.3187, I got your gap right here
, was the same as tonight's open. Oh I forgot there was 6 trades of 18 microlots in Swaziland during the weekend, with a holiday no less.
- #84,998
- Apr 12, 2009 4:14pm Apr 12, 2009 4:14pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #84,999
- Apr 12, 2009 4:15pm Apr 12, 2009 4:15pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Is it still easter in europe, US and Aus on monday?
Which means more free money for Wall Street while the rest of us fight for crumbs.
Even Bernie Madoff has a roof over his head and 3 square a day for free.
- #85,000
- Apr 12, 2009 4:17pm Apr 12, 2009 4:17pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone