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  • #110,061
  • Jun 14, 2009 1:06pm Jun 14, 2009 1:06pm
If there is a gap, have seen it many times keep going in that direction without giving any counter trend signals until well into 3am eastern
ok Friendo? This is madness!?!? - THIS, IS, FOREX!!!
  • #110,062
  • Jun 14, 2009 1:22pm Jun 14, 2009 1:22pm
Quoting Liger86
If there is a gap, have seen it many times keep going in that direction without giving any counter trend signals until well into 3am eastern
Can someone please explain why is so many people expecting a gap?
  • #110,063
  • Jun 14, 2009 1:23pm Jun 14, 2009 1:23pm
what do you say how you guys for showing this week EUR / USD?
  • #110,064
  • Jun 14, 2009 1:41pm Jun 14, 2009 1:41pm
Quoting ashlee_17
Can someone please explain why is so many people expecting a gap?
currency prices continuously move throughout the weekend even when your broker is closed for trading. Often when your broker opens for trading after the weekend; the bid/ask price will be different from the bid/ask price when they closed at the beginning of the weekend. This is what people like to call "The Gap;" even though in reality there has been no gap.

The width of said 'gap' could be minimal or none at all; or it could be drastic depending on the events (news) of the world or rather the perception of the effects of events (or news) throughout the world during the time that your broker is closed for trading.
Pip what you see; See what you pip!
  • #110,065
  • Jun 14, 2009 1:43pm Jun 14, 2009 1:43pm
http://mises.org/
  • #110,066
  • Jun 14, 2009 2:16pm Jun 14, 2009 2:16pm
Quoting SeerEye
currency prices continuously move throughout the weekend even when your broker is closed for trading. Often when your broker opens for trading after the weekend; the bid/ask price will be different from the bid/ask price when they closed at the beginning of the weekend. This is what people like to call "The Gap;" even though in reality there has been no gap.

The width of said 'gap' could be minimal or none at all; or it could be drastic depending on the events (news) of the world or rather the perception of the effects of events (or news) throughout...
think he knows what gap means, just want to know why some ppl over here expect a gap. i think there will be just a small downgap.
  • #110,067
  • Jun 14, 2009 2:22pm Jun 14, 2009 2:22pm
Quoting slykyn
think he knows what gap means, just want to know why some ppl over here expect a gap. i think there will be just a small downgap.
1.4008/1.4018 Oanda rates. Gap? Where?

http://www.oanda.com/rtrates
  • #110,068
  • Jun 14, 2009 2:23pm Jun 14, 2009 2:23pm
Crap. 1.4018 is bullish opening. Bears still in hibernation.
  • #110,069
  • Jun 14, 2009 2:23pm Jun 14, 2009 2:23pm
Quoting TheFisherman
1.4008/1.4018 Oanda rates. Gap? Where?

http://www.oanda.com/rtrates
gap of 7 pips ..small
  • #110,070
  • Jun 14, 2009 2:26pm Jun 14, 2009 2:26pm
some things i am seeing on the fib time warp

post the 3 level if you want to see how the highs/lows line up nicely

if you decide to set up fib time go from top down i.e. h4-h1 then calibrate the fib time to the 5m candle that way you can get trade entries on 5m and even 1m to see the tops and bottoms. i recommend this better than using only m15 and m5 timeframe because you can find better entries (more pips)

load the template then go to m5 and m1 to see tops and bottoms
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd061409-5.gif Size: 33 KB
Click to Enlarge Name: eurusd061409-6.gif Size: 18 KB
Click to Enlarge Name: eurusd061409-7.gif Size: 17 KB
Click to Enlarge Name: eurusd061409-8.gif Size: 19 KB
Click to Enlarge Name: eurusd061409-9.gif Size: 24 KB
Attached File(s)
File Type: tpl eurusd061409-1.tpl   4 KB | 233 downloads
File Type: ex4 3_Level_ZZ_Semafor.ex4   8 KB | 239 downloads
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #110,071
  • Jun 14, 2009 2:34pm Jun 14, 2009 2:34pm
Quoting slykyn
gap of 7 pips ..small
Not amymore. First 5 minutes of trade on Oanda... price went up to 4034 and still going... . I did say bullish opening didn't I?
  • #110,072
  • Edited 3:01pm Jun 14, 2009 2:38pm | Edited 3:01pm
i wanted to share something else i am looking at/studying which is related to this thread
http://www.forexfactory.com/showthread.php?t=120034

google oan4x and oanfx if you want to know more online

you can download the system below
which is free now
and this is a chart pic

many many pips can be made with this.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd061409-1.gif Size: 29 KB
Attached File(s)
File Type: zip oan_system.zip   15 KB | 412 downloads
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #110,073
  • Jun 14, 2009 2:42pm Jun 14, 2009 2:42pm
Quoting eaglestar
many many pips can be made with this.
Just a note if those are polynomial regression channels - they repaint.
  • #110,074
  • Jun 14, 2009 2:50pm Jun 14, 2009 2:50pm
thanx eagle for sharing....looks colourfull...loll
Attached Image(s) (click to enlarge)
Click to Enlarge Name: triangle.gif Size: 45 KB
Click to Enlarge Name: triangle123.gif Size: 46 KB
  • #110,075
  • Edited 3:17pm Jun 14, 2009 2:52pm | Edited 3:17pm
Quoting eaglestar
i wanted to share something else i am looking at/studying which is related to this thread
http://www.forexfactory.com/showthread.php?t=120034

you can download the system here

[LINKS TAKEN OUT ACCORDING TO POSTER]

which is free now
and this is a chart pic

many many pips can be made with this.
Just make sure you're okay with Twee. He specifically asked ppl not to link to this guy... Check his profile page.
  • #110,076
  • Jun 14, 2009 2:56pm Jun 14, 2009 2:56pm
Quoting mikkom
Just a note if those are polynomial regression channels - they repaint.
Yeah I checked the code myself and looks like repainting. Grrhh... I hate these repaint "hot-shot" indicators. Even I can tell where a top/bottom is AFTER it has happened.
  • #110,077
  • Jun 14, 2009 3:00pm Jun 14, 2009 3:00pm
Quoting TheFisherman
Just make sure you're okay with Twee. He specifically asked ppl not to link to this guy... Check his profile page.
oh ok i will take the links out then i didn't know it was a problem
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #110,078
  • Jun 14, 2009 3:03pm Jun 14, 2009 3:03pm
My broker is ticking already... price is at 1.4018 right now...
  • #110,079
  • Jun 14, 2009 3:03pm Jun 14, 2009 3:03pm
Quoting TheFisherman
Yeah I checked the code myself and looks like repainting. Grrhh... I hate these repaint "hot-shot" indicators. Even I can tell where a top/bottom is AFTER it has happened.
if you read the thread and the website you will find that people have made a lot of pips with this.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #110,080
  • Jun 14, 2009 3:07pm Jun 14, 2009 3:07pm
Quoting eaglestar
if you read the thread and the website you will find that people have made a lot of pips with this.
I don't deny it. I didn't tested yet, I just checked the code. We'll see shortly if it repaints or not... I set some HL and VL's and soon enough the market will be open. Besides man...you should know better than pl telling on forums they made gazillion dollars out of a system or other.... C'mon...

[EDIT] If I'd make a gazillion dollars out of some system, I'll keep my mouth so very shut about it. There's just not enough room for everybody
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