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  • #312,761
  • Oct 24, 2010 4:14pm Oct 24, 2010 4:14pm
Quoting Freddyfx
Price seems to be dropping already.

3990 was the highest I saw a few minutes back


What Broker do you use?
  • #312,762
  • Oct 24, 2010 4:18pm Oct 24, 2010 4:18pm
hello traders I hope all had a nice weekend.........

I'm closing my long and opening a new one after the close of the gap, if it close, if not will enter again after signal, good luck to all........
The Chonchy
  • #312,763
  • Oct 24, 2010 4:20pm Oct 24, 2010 4:20pm
Quoting chonchy
hello traders I hope all had a nice weekend.........

I'm closing my long and opening a new one after the close of the gap, if it close, if not will enter again after signal, good luck to all........
Hey Amigo!

I hope you're doing well.
Not all sins are created equal
  • #312,764
  • Oct 24, 2010 4:25pm Oct 24, 2010 4:25pm
I'm curious if anybody understand the mechanics of a weekend gap up/down. It seems to me that there shouldn't be any trading when the markets are closed....and that any gap should not be known until the open. However....something must be going on if folks are getting info on what the gap is going to look like before the open.
Pardon the noob question....
  • #312,765
  • Oct 24, 2010 4:26pm Oct 24, 2010 4:26pm
Quoting chonchy
hello traders I hope all had a nice weekend.........

I'm closing my long and opening a new one after the close of the gap, if it close, if not will enter again after signal, good luck to all........
Same here, I hedged my long positions, if gap fills I'll go net long again
You got to know when to hold 'em, know when to fold'em
  • #312,766
  • Oct 24, 2010 4:26pm Oct 24, 2010 4:26pm
Quoting Mr Hatch
Angela Merkel demands the abolition of the "no bailout"-clause in order to gain stability inside ez.
Uh...short EUR this is a u turn
  • #312,767
  • Oct 24, 2010 4:30pm Oct 24, 2010 4:30pm
Quoting ocmsrzr
I'm curious if anybody understand the mechanics of a weekend gap up/down. It seems to me that there shouldn't be any trading when the markets are closed....and that any gap should not be known until the open. However....something must be going on if folks are getting info on what the gap is going to look like before the open.
Pardon the noob question....
This market doesn't close. Your broker does.

The debate has been going on in this place for years. I remember one time someone swearing up and down that the Euro dropped by 680 pips because that was the gap his broker showed.

I don't have proof but have little doubt that some of the sheeple followed and shorted the Euro only to find a very nasty surprise on the other side of the weekend when the Euro went up.
Not all sins are created equal
  • #312,768
  • Oct 24, 2010 4:32pm Oct 24, 2010 4:32pm
I do not htink that the top in eu is going to be so simple... but there does seem signs of distribution. I will be watching daily futures chart very carefully. If I see a no demand bar I will be in a sell quickly.

other than that treading carefully as the next week leading into mid terms and nov 3rd fomc the market could be very irrational .

Quoting paul1
Hello buddies,
I only trade intraday but I wondered if anyone else especially malcolm though that friday 15/10 the big shoot up too 1.4160.and then within minutes lost about 80-100 pips rested then within hours lost around a further 100 pips.

It seemed to me to be text book vsa in a big way,since that move I have a strong bias south.
If there is going to be a serious move south after the range play, testing of the 1.4100 area would be a strong...
Blogging daily now at www.volume.zone
  • #312,769
  • Oct 24, 2010 4:37pm Oct 24, 2010 4:37pm
Quoting chonchy
hello traders I hope all had a nice weekend.........

I'm closing my long and opening a new one after the close of the gap, if it close, if not will enter again after signal, good luck to all........

Why are you closing your long position? I have thought you are going to 1.44+...
The Market pays you to be disciplined
  • #312,770
  • Oct 24, 2010 4:37pm Oct 24, 2010 4:37pm
Quoting chonchy
hello traders I hope all had a nice weekend.........

I'm closing my long and opening a new one after the close of the gap, if it close, if not will enter again after signal, good luck to all........
Hi C.

Lots of pips to you this week.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #312,771
  • Oct 24, 2010 4:39pm Oct 24, 2010 4:39pm
Quoting Jay Walker
This market doesn't close. Your broker does.

The debate has been going on in this place for years. I remember one time someone swearing up and down that the Euro dropped by 680 pips because that was the gap his broker showed.

I don't have proof but have little doubt that some of the sheeple followed and shorted the Euro only to find a very nasty surprise on the other side of the weekend when the Euro went up.
Thanks, Jay
  • #312,772
  • Oct 24, 2010 4:41pm Oct 24, 2010 4:41pm
EUR/USD Could Break 1.40 Post G-20 - TD

1942 GMT [Dow Jones]

EUR/USD could breach 1.40 post G-20 as market puts back on positions that were likely trimmed in run-up to gathering, says TD Securities strategist Roland Randall. "The market has now stepped over a possible event risk, which should help to reinstate the recent trends." Says expect USD weakness going forward, with a slew of event risk due in U.S. ranging from elections to FOMC meeting to likely soft economic data. Notes U.S. push at G-20 on capping current account balances is a new departure. "It does represent an interesting change in U.S. policy to move the focus away from exchange rate values, where there will be no agreement, and towards a broader idea of balance and holistic policies, where there is a better chance of finding a middle ground." EUR/USD last 1.3988, from 1.3952 early; USD/JPY 81.22 from 81.46. ([email protected])

Contact us in Singapore. 65 64154 140


Highest been 1.3996 with Interbank FX until now
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #312,773
  • Oct 24, 2010 4:42pm Oct 24, 2010 4:42pm
Quoting Jay Walker
This market doesn't close. Your broker does.

The debate has been going on in this place for years. I remember one time someone swearing up and down that the Euro dropped by 680 pips because that was the gap his broker showed.

I don't have proof but have little doubt that some of the sheeple followed and shorted the Euro only to find a very nasty surprise on the other side of the weekend when the Euro went up.
All you guys have to do is follow Oanda because "They dont Close" just like the Market!

http://www.oanda.com/currency/real-time-rates
  • #312,774
  • Oct 24, 2010 4:44pm Oct 24, 2010 4:44pm
Quoting mima
Why are you closing your long position? I have thought you are going to 1.44+...
i like your sense of humour.
  • #312,775
  • Oct 24, 2010 4:46pm Oct 24, 2010 4:46pm
There you go folks... your gap has been closed.
  • #312,776
  • Oct 24, 2010 4:47pm Oct 24, 2010 4:47pm
Quoting Mr Hatch
i like your sense of humour.
dont laugh it is going to 1.44 at least, the big Question & its obvious by his actions is "HOW BIG WILL THE RETRACEMENT BE"? I think 1.35 but it can go all the way to 1.2897
  • #312,777
  • Oct 24, 2010 4:50pm Oct 24, 2010 4:50pm
Quoting Venice
There you go folks... your gap has been closed.
I suggest you refresh your MT4

Some 24 more pips to go for that.

7 in the bag, going to BBQ
  • #312,778
  • Oct 24, 2010 4:53pm Oct 24, 2010 4:53pm
Quoting Freddyfx
I suggest you refresh your MT4

Some 24 more pips to go for that.

7 in the bag, going to BBQ
Hmm. I'm showing Friday's close @ 39528.
  • #312,779
  • Oct 24, 2010 4:55pm Oct 24, 2010 4:55pm
Quoting Jay Walker
This market doesn't close. Your broker does.

The debate has been going on in this place for years. I remember one time someone swearing up and down that the Euro dropped by 680 pips because that was the gap his broker showed.

I don't have proof but have little doubt that some of the sheeple followed and shorted the Euro only to find a very nasty surprise on the other side of the weekend when the Euro went up.
I will take this depends on my plan (short term trade) ,
sell @1.3960 R/R Very good in my view (I could b wrong but i swim my own race and trade my own chart)
Jay have u read my reply to ur post
  • #312,780
  • Oct 24, 2010 4:57pm Oct 24, 2010 4:57pm
Quoting Allseeingeye
All you guys have to do is follow Oanda because "They dont Close" just like the Market!

http://www.oanda.com/currency/real-time-rates
Maybe they update their site, I wouldn't know. But they sure as hell don't update charts until Sunday.
Not all sins are created equal
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