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  • #316,581
  • Oct 31, 2010 4:25pm Oct 31, 2010 4:25pm
Quoting cloggie
Why we can't go one weekend with these kind of posts beggars belief. The market does not close, period.

Now at 3966
wish post is the one you don't like.........
I just clarified to the poster scottybee that the market dosen't close in the weekends and that my broker wasen't wrong, they just close at whatever MOFO time they like and in my case happens to be 3921 so I'm trading those 40 pips that is all, if you don't have have any posts to reply I beg you to please don't block mine, as we can post here "regarding the e/u all we please, thanks in advance and turn it off just a noch, thanks again........
The Chonchy
  • #316,582
  • Oct 31, 2010 4:25pm Oct 31, 2010 4:25pm
My broker too closed lower. 1.3918 on Friday.. They don't open for another 35mins

Quoting chonchy
well the price dosen't close the price keeps going true out the weekend, my platform and many others close at diferent times, but my platform didn't closed wrong they just close at what ever time is more convinient for them but the point is that I couldn't trade no more on friday at 3921 and today when my platform opened the price was 3960 like the GulfCoastPips told me, so I'm short here to 3921 from "my friday" for 40 pips to start the week, you may do diferent.......
Disclaimer: Check your 1m charts
  • #316,583
  • Oct 31, 2010 4:26pm Oct 31, 2010 4:26pm
I hope everyone is ready, this is going te be a fun week
Stubbornly persistent
  • #316,584
  • Oct 31, 2010 4:26pm Oct 31, 2010 4:26pm
Quoting Freddyfx
NICE GAP.

Now letting it close while going for Mexican food while visiting family in Guadalajara.
The Chonchy
  • #316,585
  • Oct 31, 2010 4:27pm Oct 31, 2010 4:27pm
Quoting Martingale
this sounds like going long on EURUSD ... 6 months ago!
I think it was when coverage of the Greek debt crisis was at it's height, or around that time, EU was looking like slipping sub 1.18, as is the way with markets tho' when things look the most dire is often the best time to buy and when things look the most peachy is often the best time to sell...
  • #316,586
  • Oct 31, 2010 4:28pm Oct 31, 2010 4:28pm
Quoting pipper
My broker too closed lower. 1.3918 on Friday.. They don't open for another 35mins
........I'm short and will short again if it hit the pivot at R1 1.3978........
The Chonchy
  • #316,587
  • Oct 31, 2010 4:30pm Oct 31, 2010 4:30pm
Quoting ScoTTyBEEE
I wish you good luck sir
thanks to you too my friend, I'm just a scalper this is just to pick up some sardines for the big fish later............but you are right in the direction of the overall trend is going up later, but it needs to close the gap, me thinks, I could be wrong that is why I have a tite stop just a little over the pivot R1...........
The Chonchy
  • #316,588
  • Oct 31, 2010 4:32pm Oct 31, 2010 4:32pm
Loving the herd mentality here tonight. Don't go shorting this unless 3976 holds.


Especially love the posters adding to their losers here.
  • #316,589
  • Oct 31, 2010 4:33pm Oct 31, 2010 4:33pm
Quoting Driver55
Hi guy,
here an update of my weekly analysis...


Levels where to pay attention are : 3990-3922-3854

As mentioned several weeks ago, I continue to expect USDCHF by area 9400 (in first instance) and by 9200 as final target.
Last week we went near 9941 , wich is from my point of view, a kind of watershed.


Good luck all !!!
thanks a lot driver55 will be paying attention to those levels.....
Hope you had the best of the weekends and wishing happy hallowing to all here.........
The Chonchy
  • #316,590
  • Oct 31, 2010 4:35pm Oct 31, 2010 4:35pm
Quoting chonchy
thanks to you too my friend, I'm just a scalper this is just to pick up some sardines for the big fish later............but you are right in the direction of the overall trend is going up later, but it needs to close the gap, me thinks, I could be wrong that is why I have a tite stop just a little over the pivot R1...........
Hi Chonchy, I read through the last few posts.. just sort of giving everyone something to think about here..
if we all use different brokers and they close out at different times on Friday nad open at Different times on Sunday night, meaning we get different "closing prices" and different opening prices,

does that make all our GAPs different in size?
you could see a 40 pip gap and i could see a 20 pip gap and i saw in a post earlier there was NO GAP on one of the trader's platform.

So my point is, how are we going to trade the "Closing of the gap" if everyone sees different things? or do we trade our own gaps?

ok i shall end now before u ask me to shut my gap (punt intended )
  • #316,591
  • Oct 31, 2010 4:36pm Oct 31, 2010 4:36pm
Have R1 @ 1.3981..

Quoting chonchy
........I'm short and will short again if it hit the pivot at R1 1.3978........
Disclaimer: Check your 1m charts
  • #316,592
  • Oct 31, 2010 4:40pm Oct 31, 2010 4:40pm
Quoting chonchy
........I'm short and will short again if it hit the pivot at R1 1.3978........
Lookin' OK for that gap fade Chonch...

Good hunting...
  • #316,593
  • Oct 31, 2010 4:44pm Oct 31, 2010 4:44pm
Quoting willkohsg
Hi Chonchy, I read through the last few posts.. just sort of giving everyone something to think about here..
if we all use different brokers and they close out at different times on Friday nad open at Different times on Sunday night, meaning we get different "closing prices" and different opening prices,

does that make all our GAPs different in size?
you could see a 40 pip gap and i could see a 20 pip gap and i saw in a post earlier there was NO GAP on one of the trader's platform.

So my point is, how are we going to trade the "Closing of...
How can you trade something that does not exist? Let's assume that the retail volume accounts for 1 percent of the total trading volume and Interbank has no "gaps", what are you really trading here? A figment of a few retailers? May as well toss a coin as a strategy, probably more profitable. "Gap" trading is only succesfull if you can fake the Market with enough retail orders and that is not going to happen. "Gap" trading is just gambling.
  • #316,594
  • Oct 31, 2010 4:45pm Oct 31, 2010 4:45pm
I'm shorting this gap for a quick 60, then I'm buying with a tp of 4400 by end of week. sl 3740
All that is left in FF is just plain garbage. "Cloggie"
  • #316,595
  • Oct 31, 2010 4:46pm Oct 31, 2010 4:46pm
Quoting willkohsg
Hi Chonchy, I read through the last few posts.. just sort of giving everyone something to think about here..
if we all use different brokers and they close out at different times on Friday nad open at Different times on Sunday night, meaning we get different "closing prices" and different opening prices,

does that make all our GAPs different in size?
you could see a 40 pip gap and i could see a 20 pip gap and i saw in a post earlier there was NO GAP on one of the trader's platform.

So my point is, how are we going to trade the "Closing...
yep diferent brokers close at diferent times, so I subjest you trade your own gap but is basicaly aroung there 20 or 40 pips more or less, but this is just a scalp for me, against the trend so don't pay attencion to me............
The Chonchy
  • #316,596
  • Oct 31, 2010 4:47pm Oct 31, 2010 4:47pm


Quoting tonyo524
I'm shorting this gap for a quick 60, then I'm buying with a tp of 4400 by end of week. sl 3740
Disclaimer: Check your 1m charts
  • #316,597
  • Oct 31, 2010 4:49pm Oct 31, 2010 4:49pm
chonchy: Sardines ... Sardines
  • #316,598
  • Oct 31, 2010 4:52pm Oct 31, 2010 4:52pm
Quoting ScoTTyBEEE
I wish you good luck sir
lucky conchy knows what he is doing ... most others trading in this time when no one is home will start whining .. wow we got 20 pip slippage.

Lol i have no clue how comes this happens every Sunday... no market open yet everyone trying to grab 40 pip or 20 pip when eu and gu are going to move hundreds of pis this week with the news we have.

addicts .. the lot of them... lol

if one makes a steady 150 pip a week every week then retirement is just 3 years away. Not many think about that. They get 150 pip Monday / Tuesday then give back 150 plus some balance of week....
Blogging daily now at www.volume.zone
  • #316,599
  • Oct 31, 2010 4:53pm Oct 31, 2010 4:53pm
Quoting chonchy
yep diferent brokers close at diferent times, so I subjest you trade your own gap but is basicaly aroung there 20 or 40 pips more or less, but this is just a scalp for me, against the trend so don't pay attencion to me............
ok thanks for the reply Chonchy
have a good week ahead, green pips to all traders here too
  • #316,600
  • Oct 31, 2010 4:53pm Oct 31, 2010 4:53pm
Quoting cloggie
How can you trade something that does not exist? Let's assume that the retail volume accounts for 1 percent of the total trading volume and Interbank has no "gaps", what are you really trading here? A figment of a few retailers? May as well toss a coin as a strategy, probably more profitable. "Gap" trading is only succesfull if you can fake the Market with enough retail orders and that is not going to happen.
I'm not giving signals here, I'm just scalping, because that is what I do, I don't recomend anybody to follow my trades, I always sai that is "Closed circuit and profesional driver's only" and I do scale in or add to my losers but you need to know how to do that also, not everybody can do it, so I understand if you can't, but that dosen't mean that others can't, is needed to have a good understanding of the markets and good money management plan but if done well could be very profitable, like I do:nerd:
The Chonchy
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