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  • #211,801
  • Mar 16, 2010 11:38am Mar 16, 2010 11:38am
Quoting DrLobo
how can price move like that in a couple of seconds ???
most likely big boys trying to shake people out....
  • #211,802
  • Mar 16, 2010 11:40am Mar 16, 2010 11:40am
look at the 1hr wick never seen one that long before
  • #211,803
  • Mar 16, 2010 11:40am Mar 16, 2010 11:40am
Quoting acumen

well then welcome to the Love Shack
"If The Fool persists in his Folly he will become wise." - William Blake
  • #211,804
  • Mar 16, 2010 11:40am Mar 16, 2010 11:40am
FT reported today that the more US tries to bully China on their currency the longer they will not do what Americans ask of them.

Quoting Gardener
Reuters via Yahoo:

Senate Bill threatens stiff penalties China after...

http://finance.yahoo.com/news/Senate...&asset=&ccode=

... It comes two days after Chinese Premier Wen Jiabao dismissed...
Prices oscillate, trends persist. Trend is your friend.
  • #211,805
  • Mar 16, 2010 11:41am Mar 16, 2010 11:41am
with lower volume with 5m upper candle closed and i will go long.

hapipipin
dreams do come true.
  • #211,806
  • Mar 16, 2010 11:41am Mar 16, 2010 11:41am
Quoting DrLobo
how can price move like that in a couple of seconds ???
Welcome to forex around interest rate news and NFP, today was mild. Thats why many good traders watch events like this from the sidelines
  • #211,807
  • Mar 16, 2010 11:42am Mar 16, 2010 11:42am
Excellent scalping opportunities today. Although I cant believe how much I've spent to make my trades only to remain marginally flat.

Scalping is expensive.

17*~50 = $850 in spread fees

only to end the day less $100.

  • #211,808
  • Mar 16, 2010 11:47am Mar 16, 2010 11:47am
Quoting petehnm
look at the 1hr wick never seen one that long before
I get that a lot.

m
  • #211,809
  • Mar 16, 2010 11:48am Mar 16, 2010 11:48am

Quoting acumen
I get that a lot.

m
dreams do come true.
  • #211,810
  • Mar 16, 2010 11:50am Mar 16, 2010 11:50am
Quoting acumen
I get that a lot.

m
LOL
  • #211,811
  • Edited 12:02pm Mar 16, 2010 11:51am | Edited 12:02pm
Nothing special to note for bull now , that is not any strong enough to abc & go after big US news, not even 1.3788 expected if 100% retracement 1.3797 . shorts continued & accumulate any up tp towards 1.3683/43 ,LTLs now .even can break if again fail there to show enough bull.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #211,812
  • Mar 16, 2010 11:53am Mar 16, 2010 11:53am
Quoting petehnm
look at the 1hr wick never seen one that long before

lol these moves arent big

Inserted Video
  • #211,813
  • Mar 16, 2010 12:03pm Mar 16, 2010 12:03pm
Quoting fontu
Nothing special to note for bull now , that is not any strong enough to abc & go after big US news, not even 1.3788 expected if 100% retracement 1.3797 . shorts continued & accumulate any up tp towards 1.3683/43 ,LTLs now .even can break if again fail there to show enough bull.
fontu

Are you talking About Intraday PA?
  • #211,814
  • Mar 16, 2010 12:06pm Mar 16, 2010 12:06pm
its not going up and its not going down. its going up 'and' down. If its up then 10 mins later its down and vice versa.
  • #211,815
  • Mar 16, 2010 12:08pm Mar 16, 2010 12:08pm
Quoting DrLobo
its not going up and its not going down. its going up 'and' down. If its up then 10 mins later its down and vice versa.

That is how Forex works....... need to get use to it

Regrds
  • #211,816
  • Mar 16, 2010 12:10pm Mar 16, 2010 12:10pm
Quoting mfoste1
lol these moves arent big

http://www.youtube.com/watch?v=OT4B-NJUcZE
hey..that's keanu reeves..right?
I'm learning to trust my own charts..
  • #211,817
  • Mar 16, 2010 12:12pm Mar 16, 2010 12:12pm
Quoting Anis
hey..that's keanu reeves..right?

lol yea
  • #211,818
  • Mar 16, 2010 12:15pm Mar 16, 2010 12:15pm
Correct me if I'm wrong, but is resistance or support more likely to be breached during quite market times (e.g., early Asian session)? If so, could we see the 1.3770 level surpassed by tomorrow London time?
  • #211,819
  • Mar 16, 2010 12:17pm Mar 16, 2010 12:17pm
Quoting acidburn123
Are you talking About Intraday PA?
Yeah , as day trader trying to follow it . price now trying make another bull , may be 1.3796 this time before the fall perhaps . shorts continued .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #211,820
  • Mar 16, 2010 12:19pm Mar 16, 2010 12:19pm
Quoting investor_me
Correct me if I'm wrong, but is resistance or support more likely to be breached during quite market times (e.g., early Asian session)? If so, could we see the 1.3770 level surpassed by tomorrow London time?
wait for NY close, it may go to 1.38....
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