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  • Post #181,221
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  • Nov 6, 2009 4:24am Nov 6, 2009 4:24am
  •  grashid
  • | Commercial Member | Joined Oct 2008 | 5,712 Posts
Quoting Sedaka
Disliked
If market makers or big boys can see this SL fig 1.6640 -1.6660 then any possibilities they will be shaken out before the trend continue bearish and also those who long(straddle) for this quick up move will also be shaken out.
IMHO the best thing for me is to stay aside and wait for the weakness...trade your own charts...
Ignored
 
 
  • Post #181,222
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  • Nov 6, 2009 4:32am Nov 6, 2009 4:32am
  •  Fudomyo
  • Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
Quoting fourxtrader
Disliked
"...mediocrities of the world I absolve you!"
Ignored
LOL best line in the movie!


This past year the market was so easy, it fooled a lot of people into thinking they were "real" traders.

The market just got real again. Surprise.
 
 
  • Post #181,223
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  • Nov 6, 2009 4:35am Nov 6, 2009 4:35am
  •  grashid
  • | Commercial Member | Joined Oct 2008 | 5,712 Posts
Quoting Fudomyo
Disliked
LOL best line in the movie!


This past year the market was so easy, it fooled a lot of people into thinking they were "real" traders.

The market just got real again. Surprise.
Ignored
 
 
  • Post #181,224
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  • Nov 6, 2009 4:37am Nov 6, 2009 4:37am
  •  need-help
  • | Joined Oct 2009 | Status: Member | 231 Posts
not much of a reaction. Where are we headed?
 
 
  • Post #181,225
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  • Nov 6, 2009 4:40am Nov 6, 2009 4:40am
  •  grashid
  • | Commercial Member | Joined Oct 2008 | 5,712 Posts
Quoting need-help
Disliked
not much of a reaction. Where are we headed?
Ignored
wait 1 to 1hr 20min from now...reaction & action start till NFP

Good luck...
 
 
  • Post #181,226
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  • Nov 6, 2009 4:43am Nov 6, 2009 4:43am
  •  need-help
  • | Joined Oct 2009 | Status: Member | 231 Posts
Man I am so badly stuck with m shorts of tuesday. Dont want to close them at a loss because i am counting on NFP. This might be insane but just hoping for the best.
Thanx for the response.
Quoting grashid
Disliked
wait 1 to 1.20hr from now...reaction start till NFP
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  • Post #181,227
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  • Nov 6, 2009 4:45am Nov 6, 2009 4:45am
  •  Geppyg
  • | Commercial Member | Joined Mar 2009 | 1,422 Posts
Quoting need-help
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Man I am so badly stuck with m shorts of tuesday. Dont want to close them at a loss because i am counting on NFP. This might be insane but just hoping for the best.
Thanx for the response.
Ignored
Whats your positions matey ?
Let Price determine your future!
 
 
  • Post #181,228
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  • Nov 6, 2009 4:48am Nov 6, 2009 4:48am
  •  ayseaf
  • | Joined Jul 2009 | Status: Member | 28 Posts
why the market so slow ?
 
 
  • Post #181,229
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  • Nov 6, 2009 4:49am Nov 6, 2009 4:49am
  •  need-help
  • | Joined Oct 2009 | Status: Member | 231 Posts
Bro am stuck real bad. Have about 4 shorts from tuesday. All are above 130 red pips. Am just bought a few lots to prevent my account from blowing up. Scalping to increase margin. ANy help will be greatly appreciated.
Quoting Geppyg
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Whats your positions matey ?
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  • Post #181,230
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  • Nov 6, 2009 4:50am Nov 6, 2009 4:50am
  •  egkid
  • Joined Apr 2008 | Status: Member | 9,414 Posts
Quoting ayseaf
Disliked
why the market so slow ?
Ignored
Notsure where to go
 
 
  • Post #181,231
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  • Nov 6, 2009 4:51am Nov 6, 2009 4:51am
  •  yinbyungheon
  • | Joined Nov 2007 | Status: Member | 49 Posts
Quoting yinbyungheon
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is it possible that GU will retest the 1.66xx area again?
Ignored
Now...is it gona penetrate 1.6652 or not?
 
 
  • Post #181,232
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  • Nov 6, 2009 4:51am Nov 6, 2009 4:51am
  •  navhin
  • | Joined Aug 2009 | Status: THE FX TRADER | 555 Posts
Quoting ayseaf
Disliked
why the market so slow ?
Ignored
the market is waiting for NFP news....be careful and trade well during the NFP period...
 
 
  • Post #181,233
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  • Nov 6, 2009 4:56am Nov 6, 2009 4:56am
  •  forexlion
  • | Additional Username | Joined Sep 2009 | 8,623 Posts
Quoting ayseaf
Disliked
why the market so slow ?
Ignored
well the boys got bored, since the girls are hibernating
 
 
  • Post #181,234
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  • Nov 6, 2009 4:57am Nov 6, 2009 4:57am
  •  alexandru987
  • | Joined Apr 2009 | Status: Member | 353 Posts
Quoting need-help
Disliked
Man I am so badly stuck with m shorts of tuesday. Dont want to close them at a loss because i am counting on NFP. This might be insane but just hoping for the best.
Thanx for the response.
Ignored
How much of your account are you losing if you are to close them now?

It may be a good ideea to close it now and use a SL next time... the market wants to go higher... and the news might just help it push through the resitance.

Asia might drop it a little on monday.... but that might not help if US pushes it more today.

Also if you look at the us sessions this week you will see they didn`t sell... look only at the us sessions and you see 4 days of buying... i see today as the day the use the news to break the resistance not the day they decide to change their mind.

But please use your own analisys so you don`t blame me if i`m wrong. ^.^

All the best!
 
 
  • Post #181,235
  • Quote
  • Nov 6, 2009 4:58am Nov 6, 2009 4:58am
  •  bbmac
  • Joined Jul 2007 | Status: Member | 5,392 Posts
Price reached the top of the previous 1hr swing hi zone (and daily t/f descending resistance trend line) finding more supply (mni touting offers there) and a great 1min bearish engulfing candle trigger ensues for hi-probability pip gain...
http://i35.tinypic.com/2rhbaxw.jpg
http://i34.tinypic.com/259z8ue.jpg

0930am Uk data sees a quick reaction making a double bottom at the 23.6% fib of the 6464-6635 move with another set-up and a great 1min bullish pinbar candle trigger for more hi-probability pip gain.

So there are opportunities in all market conditions dependant on t/f. Personally I play multiple set-ups on 1 instrument, others as java and others have said prefer to play less set-ups across different instruments.

G/L
ex member
 
 
  • Post #181,236
  • Quote
  • Nov 6, 2009 4:59am Nov 6, 2009 4:59am
  •  DubaiTrader
  • | Commercial Member | Joined Jun 2009 | 358 Posts
GU insanely stuck right now, staying well away until NFP.
 
 
  • Post #181,237
  • Quote
  • Nov 6, 2009 4:59am Nov 6, 2009 4:59am
  •  Geppyg
  • | Commercial Member | Joined Mar 2009 | 1,422 Posts
Quoting need-help
Disliked
Bro am stuck real bad. Have about 4 shorts from tuesday. All are above 130 red pips. Am just bought a few lots to prevent my account from blowing up. Scalping to increase margin. ANy help will be greatly appreciated.
Ignored
Brov are you saying you have shorted at 469 am I right
Let Price determine your future!
 
 
  • Post #181,238
  • Quote
  • Nov 6, 2009 5:03am Nov 6, 2009 5:03am
  •  e_piz
  • | Joined May 2007 | Status: MM is a must - Kaaa-cinggggg! | 242 Posts
Quoting alexandru987
Disliked
How much of your account are you losing if you are to close them now?

It may be a good ideea to close it now and use a SL next time... the market wants to go higher... and the news might just help it push through the resitance.

Asia might drop it a little on monday.... but that might not help if US pushes it more today.

Also if you look at the us sessions this week you will see they didn`t sell... look only at the us sessions and you see 4 days of buying... i see today as the day the use the news to break the resistance not the day they decide...
Ignored
Is all about your Money Management. Whatever skills you have your account must be prepare for the worse. But as for the analysis, mine well be going south tonight.

happy trading
Trade what you see. Write what you feel
 
 
  • Post #181,239
  • Quote
  • Nov 6, 2009 5:06am Nov 6, 2009 5:06am
  •  Popee83
  • | Joined Apr 2009 | Status: Member | 641 Posts
Quoting Geppyg
Disliked
Brov are you saying you have shorted at 469 am I right
Ignored
Cable daily:

Attached Image (click to enlarge)
Click to Enlarge

Name: cable daily 6th.gif
Size: 26 KB


"I am convinced that He (God) does not play dice." - Albert Einstein
 
 
  • Post #181,240
  • Quote
  • Nov 6, 2009 5:07am Nov 6, 2009 5:07am
  •  need-help
  • | Joined Oct 2009 | Status: Member | 231 Posts
Merci beacoup pour votre response ( Am not french neither do I know how to speak it. Just making up stuff from the little bit that i learnt from school)

If I close I lose 30 percent of the account. Now I know its extremely unprofessional of me to risk so much in the first place.
I realize the market has been bullish for the past few days. But to me big boys/market makers are really setting the stage for a humongous downfall. But thats again what I think. Anything is possible.
I so regret not using a stop loss. Lesson learnt.
So for the time being I have bought a few lots for a few pips.
Trying my best to save the account.
Thanx for the advice.

How are you doing?
 
 
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