EURUSD

My chart showing 20 pip gap up .
Does this just mean fx was trading but my broker was closed and the data is just missing ?

I hear people say quite a lot "buy dips"

What type method do you use ?
Would buying around 50% fib of the previous move be one ?

Like as its starts to put bottom pins out ?

Just took 6 pips relative big green candle 50% retrace and redy break up lol not suppose be trading that put me in good mood for bedtime see you at london open.

Thankyou in advance for any advice.

I associate wider spreads with more risk...that's good for a currency?

you misread what I wrote

Trendlines on H4 showing Bulls are back again with the target at 1.4250

What are you talking about ? You don't know what is exactly mesured and how. Please, do a pleasure to yourself : learn before sending red critics. Oh, and I'm still looking to read anything usefull (even if wrong) related to the topic of this thread in any of your post. For now, I'm having a hard time finding something for the last month ...

To explain this divergence : it means we reached 1.4282 with a buying pressure/volume ratio that was less important compared to the one needed to reach 1.4158 a few weeks ago. In short, we went at this price level with less effort/energy/resistance than what was required to reach the previous high. Either because few people are willing to sell, expecting higher highs very soon. Or just because it was pushed high artificially and the move is not sustained by all players on the market.

On daily tf, this indicator usually shows very few divergences. It mostly follows the trend. The previous one played for 550 pips (check the white line:#319777). Another small one I've spotted in 2009 played for 2250 pips. Some others just played for 300-350 pips. But 100% of divergences I spotted on daily have been played.

To be more precise and go your way : the only thing that is true is we don't know for how long it will play. That big friday engulfing bar may be the only effect. Or not. I don't know the future.

As long as price holds above 1.4020, PA daily targets for this monday are bullish and I'll probably try to play long as well. But, there are many warnings (I just added one with my post) about a possible bearish action and I'll be even more cautious. My stops and entry points will certainly be choosen with this in mind. Or I'll revert to scalp for 5 pips only until I get a better picture ...

scalping

redsword, good evening sr. ......

is that a gap in your yellow box out there in your chart?........in the bothom I mean

hey calm down.. its just a habit, everytime i read the word divergence. and its for good reason.

but do whatever U believe in !



PEACE

BoJ to begin JGB purchases today - Japanese version of QE - should spell "risk-on" and weigh on the dollar

l am out - closed it, first free money of the week


visit me @ Price is everything

Please read TP for EU in Time Frame 15 Min using Fibo Exp.

The gap is a superstition.

Yeaa ,now we gonna fill that gap, and maybe go more down to 1.3960,lol

long for 1.4185

1.4076 ### SL 1.4026 and TP long for 1.4185


and all to good lucks,im going to sleep its almost dawn here

Of course it is, none of my feeds show any gaps, ever. But some just like to argue, just for the sake of it.

Arguing with me is like mud wrestling a pig, in the end you will realise that the pig likes it.

Finally another voice of reason, I am not sure what the majority of posters here get out defending something that is non existent, we may as well discuss fairies and trolls.

you guys should refrain from arguing about gaps, please

Gap shown on forex.com,I guess it is proper broker,hehe.

l have never read a fundemantal report ever, l pay no attention to Gartman or anything else other than raw price



all the bullshit and rumours are reflected in price configurations regardless, so if we concentrate on price, nothing else really matters


price is everything


....... price turns price, for example, was in a professional trading room, some professional trader stated in the room - THE 200 EMA GAVE SUPPORT HENCE THE RALLY - l asked him/her - DOES THAT MEAN IF YOU TOOK THE 200 EMA OFF YOUR CHART PRICES WOULD HAVE FELL?


couldn't answer me ......... BUT - what l said was - IF YOU CHANGED THE DEMAND ZONE INTO SOMETHING ELSE - different result


infact - l asked this professional fund manager - if you changed this 200 ema from red to yellow would it make a difference? ..... how ridiculous is that? But that is how ridiculous a statemant this other trader was expressing



price turns price and fundementals are a design factor in fx - move prices to levels where the market makers have placed limits ahead of time to take the otherside of retail



not all retail is dumb money - not me



Red

cloggie you wasting your time...

euro moves 160 pip a day and it is not now .. I see ' free money and all that ' being thrown out there ...and gap ( I ssume these guys selling off 1.4070 area)

reality is eu got bought on friday off 4025 , tested 4014 , those with accounts that can trade early took advanatge of the friday buy line test at the real market open several hours ago , those who think there was a gap are trading against the buying the was evident on friday on the 60 min charts. Both plays made money...

The buy line is 4025 for now till we get a close under that , this is where the buyers were sitting on Friday and we had several tests of.

after 250 pip down move we should have some form of up move.