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  • #120,721
  • Jul 10, 2009 2:46pm Jul 10, 2009 2:46pm
Quoting Atlast
... it's just thousands of big traders, billions of dollars buying and selling tickets, that's all, buying and selling tickets. Just make sure you get off quickly if holding the wrong ticket, and you come out ahead.
Whether its a secret cadre of big money concerns working together, moving the price around or its a big free for all buy sell brawl, you can't know what is going on or what is going to happen with certainty, so logically, randomness is as good a description as any...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #120,722
  • Jul 10, 2009 2:48pm Jul 10, 2009 2:48pm
Quoting Atlast
This chart helps to allay fears of manipulations in the markets.
I have marked off where the market stalled on its way up. Each blue dot shows where previous sell orders occurred. It's not coincidence that the market has stalled at those supply areas, exact to the pip. Orders are placed there time and again (like Gator's). This upmove has had to overcome constant selling pressure, and it's up. The market can't hide it's tracks. The track was posted earlier, if it didn't keep to the track another would have found it. Manipulations throughout the...
Except for one thing your chart shows.....first two failures up were runs up on high volume, yet the runs were stopped as you pointed out....too much supply there, we are to believe. Yet a short while later, on FAR less volume, the PA slid easily up thru those levels......??????? What happened to all that supply that stopped the high volume runs a short while earlier?

So, I smell a rat in the wood pile.
  • #120,723
  • Jul 10, 2009 2:56pm Jul 10, 2009 2:56pm
Thanks for the sharing of many fine thoughts, ideas and observations this week people...today's posts have been really good.

Have a great weekend. It's summer (in this hemisphere)...enjoy!
  • #120,724
  • Jul 10, 2009 2:58pm Jul 10, 2009 2:58pm
when something is lost its found in the last place you look for it. if not its not found
those who can, do. those who cant, talk about those who can
  • #120,725
  • Jul 10, 2009 3:00pm Jul 10, 2009 3:00pm
Quoting gatorinla
when something is lost its found in the last place you look for it. if not its not found
And surely there is some truth in there, somewhere...see if gator can point it out thru the murky shot glass in his hand.
  • #120,726
  • Jul 10, 2009 3:02pm Jul 10, 2009 3:02pm
Quoting Xaron
Let me know how to recognize this because as soon as I drop such a "wrong ticket" the market immediately turns and boosts in my initial direction.
Nothing wrong with that, it happens often, you jump off and the thing turns around in your favour, then you wait to jump back on at a safe spot. Sooner or later you will come out ahead.
It's only when the emotion of being wrong and the frustration gets the better of clear judgement. Being wrong is what trading is all about. It's how you lose. But you know that. Some people can't jump off because they are glued to their market call, even though their own signals are saying otherwise, or they can't take the loss because they need the win.
  • #120,727
  • Jul 10, 2009 3:07pm Jul 10, 2009 3:07pm
good times, see you all next week...off to play some COD Modern Warfare Multiplayer, will be Lieutenant Colonel soon...
  • #120,728
  • Jul 10, 2009 3:11pm Jul 10, 2009 3:11pm
Quoting traderathome
Except for one thing your chart shows.....first two failures up were runs up on high volume, yet the runs were stopped as you pointed out....too much supply there, we are to believe. Yet a short while later, on FAR less volume, the PA slid easily up thru those levels......??????? What happened to all that supply that stopped the high volume runs a short while earlier?

So, I smell a rat in the wood pile.
It's the relative vol you have to look at, and when it goes up with a wide range and the volume is very high it simply shows that so much buying has taken place that less buyers are at the high level, so it comes back to find more buyers. When the volume is excessive either way, that's usually a turning point.
  • #120,729
  • Jul 10, 2009 3:12pm Jul 10, 2009 3:12pm
Quoting gatorinla
when something is lost its found in the last place you look for it. if not its not found
That's right, & wherever ya go, there ya are.

Alright, whip it out gator, I'm up 35% on the week - how'd you do?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #120,730
  • Jul 10, 2009 3:13pm Jul 10, 2009 3:13pm
Hey guys

Leave your sentiment here! (short term/long term)

http://www.forexfactory.com/sentiment.php?

this is a very good ff feature!
  • #120,731
  • Jul 10, 2009 3:32pm Jul 10, 2009 3:32pm
Quoting traderathome
And surely there is some truth in there, somewhere...see if gator can point it out thru the murky shot glass in his hand.
nothing really.. but many of us are married to a position.. i do it myself somtimes but i cheat on the bitch..if your married to a long cheat on her sometimes.. at times charts dont work during transition ect.. but in the past we always ranged in the summer.. so i will consider this a range and sell the tops.. when i sold to early i sold the uc if things were getting out of hand.. the move right now has less then a 50% retrace hr chart july 9 (3974 a number that just happens to be on my old chart).. i have not watched this retrace live but from what i see bulls are weak.. but its friday.. 3974 seems to be a good place to short with its back against a turnaround area.. you will know soon if its right or wrong.. then again the 50% is 61 if im recalling right.. 61 is importent..its never a sure thing but i promise you this pair has a personality maybe it explains geppy or whatever its called here..
those who can, do. those who cant, talk about those who can
  • #120,732
  • Jul 10, 2009 3:39pm Jul 10, 2009 3:39pm
Quoting The Fool
That's right, & wherever ya go, there ya are.

Alright, whip it out gator, I'm up 35% on the week - how'd you do?
a lilbit
those who can, do. those who cant, talk about those who can
  • #120,733
  • Jul 10, 2009 3:42pm Jul 10, 2009 3:42pm
Quoting The Fool
That's right, & wherever ya go, there ya are.

Alright, whip it out gator, I'm up 35% on the week - how'd you do?
i dont think she risks as much as you but i bet ratt has more pips then you she observes
those who can, do. those who cant, talk about those who can
  • #120,734
  • Jul 10, 2009 3:43pm Jul 10, 2009 3:43pm
hey guys , is your broker still accepting trades now or the session is over ?
I am just testing something here
I SEE YOU !!
  • #120,735
  • Jul 10, 2009 3:46pm Jul 10, 2009 3:46pm
my broker closes in 15 mins
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #120,736
  • Jul 10, 2009 3:47pm Jul 10, 2009 3:47pm
Quoting djambazov84
my broker closes in 15 mins
ok whats your price there ?

it shows now 2940 here
I SEE YOU !!
  • #120,737
  • Jul 10, 2009 3:47pm Jul 10, 2009 3:47pm
sorry 3940
I SEE YOU !!
  • #120,738
  • Jul 10, 2009 3:48pm Jul 10, 2009 3:48pm
Quoting gatorinla
i dont think she risks as much as you but i bet ratt has more pips then you she observes
i was up 20% with a over the weekend trade on ej.. i got stopped out at 400 pips monday.. i was pissed i missed 60 pips.. but then it reversed ... so i re-enterd for another 400 pips.. i left too much on the table.. anyway it retraced and i shorted again..up 160 pips as we speak... so you do the math im too tired..im not including usd chf or eu or gu.. oh i lost 60 pips on ej in one trade my only losser this week....
those who can, do. those who cant, talk about those who can
  • #120,739
  • Jul 10, 2009 3:54pm Jul 10, 2009 3:54pm
Quoting gatorinla
i was up 20% with a over the weekend trade on ej.. i got stopped out at 400 pips monday.. i was pissed i missed 60 pips.. but then it reversed ... so i re-enterd for another 400 pips.. i left too much on the table.. anyway it retraced and i shorted again..up 160 pips as we speak... so you do the math im too tired..im not including usd chf or eu or gu.. oh i lost 60 pips on ej
Hi been using those numbers on EU. There not bad. Do you have any for cable or UC..??
rat
  • #120,740
  • Jul 10, 2009 3:59pm Jul 10, 2009 3:59pm
Quoting gatorinla
i was up 20% with a over the weekend trade..
Most of my gains are from little 3,5,10-pip scalp winners and the default sl is 10 pips which never gets hit cuz I stop bad ones at 3-5 pips down but those guys are typically .5% riskers in positions up to 2.5%. Swing trades I still dabble in but I should just quit & them are the larger risks, up to 5% or more, but I didn't get bit this week. If I can be a little bit proud of anything is this week I forced myself repeatedly to kill losers and when this becomes second nature I will be ok.

Don't lose money. Don't lose money. Etc...
"If The Fool persists in his Folly he will become wise." - William Blake
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