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  • #117,421
  • Jul 2, 2009 5:01pm Jul 2, 2009 5:01pm
markets were suddenly very illiquid. the spreads were really high. that was the reason for the sudden drop. seems like people are stop hunting
  • #117,422
  • Jul 2, 2009 5:01pm Jul 2, 2009 5:01pm
Have a good and peaceful weekend

Quoting Duce
All my sell orders got filled over night. Today has been going green. Now with this sudden drop, I'll close 'em all Nice way to start a long weekend.
Close your eyes when you feel you are going under.
  • #117,423
  • Jul 2, 2009 5:02pm Jul 2, 2009 5:02pm
Quoting gatorinla
sorry.. i got your message to late.. but you can see now how it could of helped..
no worries. Yes, it would have helped me more...but you're already helping me more than i could have hoped for, both directly and indirectly when i read your posts (along with a few other noteable posters). Thanx again.
Si vis pacem, para bellum.
  • #117,424
  • Jul 2, 2009 5:03pm Jul 2, 2009 5:03pm
Quoting Duce
1.3875-72 is my next closest target down.
I see it too, but will wait for nice stable trend before continuing, this chasing the extreems is not for me......
Don't be a hero. Don't have an ego. Always question yourself
  • #117,425
  • Jul 2, 2009 5:03pm Jul 2, 2009 5:03pm
wow wow that took me by suprise lesson learn never leave open order with no stop loss theme
  • #117,426
  • Jul 2, 2009 5:06pm Jul 2, 2009 5:06pm
Seems more like a MM problem than a SL problem.

Quoting fabreu30
wow wow that took me by suprise lesson learn never leave open order with no stop loss theme
Close your eyes when you feel you are going under.
  • #117,427
  • Jul 2, 2009 5:07pm Jul 2, 2009 5:07pm
Look at the high relative volume at the base of the price "takedown". Like someone said, this was "FOUL" play.

Actually, it is SOP (Standard Operating Procedure) in the FX market. Moves like this happen all the time, where the pricing has nothing to do with the true values of the currencies involved; moves put on to steal positions and temporarily get more "favorable" pricing for heavier trading. That is why I encourage all to never stop believing that this market is highly manipulated. And the longer in a trade, the more prominent that thought should be in our minds.
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  • #117,428
  • Jul 2, 2009 5:07pm Jul 2, 2009 5:07pm
u r correct
Quoting VinzZ
Seems more like a MM problem than a SL problem.
  • #117,429
  • Jul 2, 2009 5:09pm Jul 2, 2009 5:09pm
New roadmap I will keep watching tomorrow / next week: chart
  • #117,430
  • Jul 2, 2009 5:09pm Jul 2, 2009 5:09pm
Quoting USD-Bear
I see it too, but will wait for nice stable trend before continuing, this chasing the extreems is not for me......
For the record, i don't have any short positions open. Just studying some levels.
Si vis pacem, para bellum.
  • #117,431
  • Jul 2, 2009 5:13pm Jul 2, 2009 5:13pm
that get u so discourage
  • #117,432
  • Jul 2, 2009 5:14pm Jul 2, 2009 5:14pm
Trader, I've found your nice volume indicator in those threads you mentioned. But your version is slighly different. Care to share?

Quoting traderathome
Look at the high relative volume at the base of the price "takedown". Like someone said, this was "FOUL" play.

Actually, it is SOP (Standard Operating Procedure) in the FX market. That is why I encourage all to never stop believing that this market is highly manipulated. And the longer in a trade, the more prominent that thought should be in our minds.
Close your eyes when you feel you are going under.
  • #117,433
  • Jul 2, 2009 5:15pm Jul 2, 2009 5:15pm
Your gain, not your account? Feel lucky

Quoting fabreu30
that get u so discourage
Close your eyes when you feel you are going under.
  • #117,434
  • Jul 2, 2009 5:16pm Jul 2, 2009 5:16pm
newbies this is where most spend all their money.. we had a down move and we are at the bottom..wait for some type of a pull back before you short..this is a bad place to be.. if it resumes down without some type of pullback consider your self lucky.. it wont happen often.. yes you can miss the entry.. but your sl wont get squeesed in a pullback..if its a big move you got weeks to enter short. m/m is they key
those who can, do. those who cant, talk about those who can
  • #117,435
  • Jul 2, 2009 5:17pm Jul 2, 2009 5:17pm
I just wonder HOW they manipulate the market. Is it a conspiracy, or who has such a shitload of money to tackle the market?

Quoting traderathome
Look at the high relative volume at the base of the price "takedown". Like someone said, this was "FOUL" play.

Actually, it is SOP (Standard Operating Procedure) in the FX market. Moves like this happen all the time, where the pricing has nothing to do with the true values of the currencies involved; moves put on to steal positions and temporarily get more "favorable" pricing for heavier trading. That is why I encourage all to never stop believing that this market is highly manipulated. And the longer in a trade, the more prominent that...
Close your eyes when you feel you are going under.
  • #117,436
  • Jul 2, 2009 5:22pm Jul 2, 2009 5:22pm
they going to hammer it to i am thinking short. what are you thoughts
  • #117,437
  • Jul 2, 2009 5:22pm Jul 2, 2009 5:22pm
Quoting VinzZ
Trader, I've found your nice volume indicator in those threads you mentioned. But your version is slighly different. Care to share?
Essentially, the only difference between mine and the released version is that I have added the volume count label. Any other differences you see are just how I am using the existing settings, which you can play with. When "housekeeping" on my latest is finished, I intend to post it, but I have several indys to do and they are a low priority right now.
  • #117,438
  • Jul 2, 2009 5:22pm Jul 2, 2009 5:22pm
Quoting VinzZ
3k down? I feel sorry for you! You hit a SL or still in that trade?
This was exactly what i have been trying to warn folks here for weeks.But as they say we children are just noise If you are stalked anywhere at the top i just feel sorry for you cus this is fun.Anyone here having a good time with this ride?
  • #117,439
  • Jul 2, 2009 5:23pm Jul 2, 2009 5:23pm
Quoting gatorinla
newbies this is where most spend all their money.. we had a down move and we are at the bottom..wait for some type of a pull back before you short..this is a bad place to be.. if it resumes down without some type of pullback consider your self lucky.. it wont happen often.. yes you can miss the entry.. but your sl wont get squeesed in a pullback..if its a big move you got weeks to enter short. m/m is they key
where do you suggest to go short again???

Ub
  • #117,440
  • Edited 5:29pm Jul 2, 2009 5:29pm | Edited 5:29pm
Hmmm, I feel you are using a demo account...

Quoting fabreu30
they going to hammer it to i am thinking short. what are you thoughts
Close your eyes when you feel you are going under.
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