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  • #120,661
  • Jul 10, 2009 9:47am Jul 10, 2009 9:47am
Hmm ok... Every wk the closing and opening is diff? I m from singapore. Seem like EUR is going up all the way.
  • #120,662
  • Jul 10, 2009 9:47am Jul 10, 2009 9:47am
Quoting traderathome
Is this going to turn out to be one of those ...B....B....Barf...maneuvers?

Bump....bump.....bump.....and RUN......!
Sure, a little pump&dump pocket money for weekend Hamptons bartab, why not...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #120,663
  • Jul 10, 2009 9:49am Jul 10, 2009 9:49am
Quoting forexxx123
Wait 2 pips and Close 1/2 at 1.3951.
We got. Now little time and next 1/2 we'll Close I'll tell you little later.
  • #120,664
  • Jul 10, 2009 9:49am Jul 10, 2009 9:49am
Quoting traderathome
Is this going to turn out to be one of those ...B....B....Barf...maneuvers?

Bump....bump.....bump.....and RUN......!
chances are,,,, NO

its just gonna play around in the sandbox where it's at right now untill closing time.

u shouldn't be trading, log off, there is nothing left here.
ok Friendo? This is madness!?!? - THIS, IS, FOREX!!!
  • #120,665
  • Jul 10, 2009 9:50am Jul 10, 2009 9:50am
Quoting The Fool
Sure, a little pump&dump pocket money for weekend Hamptons bartab, why not...
You live in Hamptons, Long Island, NY do you?
  • #120,666
  • Jul 10, 2009 9:55am Jul 10, 2009 9:55am
Quoting The Fool
What's the difference between a "real" pip and a "scalping" pip? I don't think that was covered anywhere in babypips.com...
Was a bit puzzled about that one too.

Say Mr. Fool, i can't seem to find your youtube posting on scalping-101?

If that's because you didn't, then i would love to see one in the future cause i find it to be a lot harder then it looks with real pips....
  • #120,667
  • Jul 10, 2009 9:59am Jul 10, 2009 9:59am
Quoting Liger86
chances are,,,, NO

its just gonna play around in the sandbox where it's at right now untill closing time.

u shouldn't be trading, log off, there is nothing left here.
Maybe. And that could mean a gap down on the next open. But there is still plenty of time to slaughter the price before the close.
  • #120,668
  • Jul 10, 2009 10:09am Jul 10, 2009 10:09am
"I'll tell you little later..."

Noooo..... apparently you won't.


Ach... is that me Dark Side peekin thru?
FUBAR...
  • #120,669
  • Jul 10, 2009 10:10am Jul 10, 2009 10:10am
......


Quoting forexxx123
We got. Now little time and next 1/2 we'll Close I'll tell you little later.
It's All About Attitude ...
  • #120,670
  • Jul 10, 2009 10:11am Jul 10, 2009 10:11am
Quoting traderathome
Maybe. And that could mean a gap down on the next open. But there is still plenty of time to slaughter the price before the close.
...agreed, this upthrust smells like yesterdays, will the thieves go for the ton...? little bit sticky around 3965-75... think i'll just watch the fun with a cold one.
  • #120,671
  • Jul 10, 2009 10:13am Jul 10, 2009 10:13am
A PA walk-up, like yesterday but less pronounced.....hunting stops on shorts? If so, like yesterday, this is akin to announcing that the PA is eventually going to make a BIG drop. (next week...?)
  • #120,672
  • Jul 10, 2009 10:15am Jul 10, 2009 10:15am
Quoting traderathome
A PA walk-up, like yesterday but less pronounced.....hunting stops on shorts? If so, like yesterday, this is akin to announcing that the PA is eventually going to make a BIG drop. (next week...?)
Exactly, this an opp to take shorts for next week. The real money for the big boys is in the stops below 3885, and I didn't think they would go for it today before pumping the price up. They fake away from the prize then turn around and take it.
  • #120,673
  • Jul 10, 2009 10:26am Jul 10, 2009 10:26am
Quoting stevefx
Exactly, this an opp to take shorts for next week. The real money for the big boys is in the stops below 3885, and I didn't think they would go for it today before pumping the price up. They fake away from the prize then turn around and take it.
If I understand you correctly, then they will close these shorts next week by driving the price down (maybe there will still be buyers at 1.3880 who will put stop losses on their buys) pause for the buyers, then slam it down hard, stop out those buyers, using the increased liquidity to close these shorts and others already obtained.....?
  • #120,674
  • Jul 10, 2009 10:35am Jul 10, 2009 10:35am
PA looks like Bear Channel. Now let us see if the hour candle closes as a nice pin bar......not that it needs to. I think these manipulators, yesterday and today, have already told us all we need to know. IMHO short here, and if they walk it up more, short some more, etc., etc.
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  • #120,675
  • Jul 10, 2009 10:38am Jul 10, 2009 10:38am
Quoting traderathome
If I understand you correctly, then they will close these shorts next week by driving the price down (maybe there will still be buyers at 1.3880 who will put stop losses on their buys) pause for the buyers, then slam it down hard, stop out those buyers, using the increased liquidity to close these shorts and others already obtained.....?
I don't think they are going to pause for anybody-the stops at that level are already in place. I think they drove the price up in thin conditions to get a better price for selling and to attract more long positions. Then yeah next week they will turn around and dump everything, and drive PA through 85 which will trigger a ton of stops and drive the price down far and fast.
  • #120,676
  • Edited 10:53am Jul 10, 2009 10:42am | Edited 10:53am
Quoting traderathome
PA looks like Bear Channel. Now let us see if the hour candle closes as a nice pin bar......not that it needs to. I think these manipulators, yesterday and today, have already told us all we need to know.
Look at the 30-min chart. The previous candle was a perfect pin, with the top (almost) at the 50% mark of the last downswing.

Yesterday around this time we had two 15 min pins at a nice location, and price simply busted through to the upside.

There is a reason I don't trade the NY-session - the Thieves have their name for good reason!
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  • #120,677
  • Edited 11:15am Jul 10, 2009 10:59am | Edited 11:15am
Looks like we are getting a beautiful hour pin bar candle at the close of this hour, as PA begins dropping from the high.

Most amusing is the fact that the latter two hours of this pump was on overall decreasing volume......, yep!

Ahhhhhh......the miracle of price manipulation in a supposed free, demand and supply market!

.....a lesson for newbies.

Edit: Looks like the "Run!" part of BARF is underway (second chart). Must be nice to be powerful enough to price the FX market where you want to do your trading. Hey, sounds like what the hedge funds do in the stock market using Naked Short shares (counterfeits that don't exit). Wonder what the Big Boys here are using......Maybe the NFA ought to concentrate on investigating their asses and leave us retailers alone!
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  • #120,678
  • Jul 10, 2009 11:14am Jul 10, 2009 11:14am
I'm in love with your charts. What pivot indicator are you using if I may ask?

Quoting traderathome
Is this going to turn out to be one of those ...B....B....Barf...maneuvers?

Bump....bump.....bump.....and RUN......!
Close your eyes when you feel you are going under.
  • #120,679
  • Jul 10, 2009 11:17am Jul 10, 2009 11:17am
I had a long and a short running with 62 pips between them, both with about 50 pip TP... market didn't move the whole day, maybe it was good for scalping. I just took a small 9 pips in the latest down move. More than nothing. I think both my long and short trade will have to hibernate over the weekend...
Close your eyes when you feel you are going under.
  • #120,680
  • Jul 10, 2009 11:18am Jul 10, 2009 11:18am
Quoting VinzZ
I'm in love with your charts. What pivot indicator are you using if I may ask?
SDX-TzPivots......check THV thread where it was last posted. Might find it quickly on a link off of page one of that thread.
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