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  • #320,641
  • Nov 7, 2010 7:27pm Nov 7, 2010 7:27pm
Quoting chonchy
.....4 sardines i catch there kuroro and 18 before..................
Good start of the week...congrats!
COT: The precious data ignored
  • #320,642
  • Nov 7, 2010 7:28pm Nov 7, 2010 7:28pm
that is all I need, another 10, 4 pips trades before london to go for the sword fish or the sail fish, something big later, now sardines........
The Chonchy
  • #320,643
  • Nov 7, 2010 7:28pm Nov 7, 2010 7:28pm
there is no reason to go long now
A chart helps those who can read it.
  • #320,644
  • Nov 7, 2010 7:29pm Nov 7, 2010 7:29pm
Quoting redsword11
changing the colour of the moving average gave support - keep changing the colour of the 200 moving av and eu will rally ..............
The Chonchy
  • #320,645
  • Nov 7, 2010 7:29pm Nov 7, 2010 7:29pm
Price below 18sma, 45sma, 100sma and 200sma on 1min chart - time to go short until 7:00gmt - up to 1.3850
  • #320,646
  • Nov 7, 2010 7:30pm Nov 7, 2010 7:30pm
Quoting chonchy
.............now I'm going to long the bounce of 4030 M2 for a few sardines while Mr. cloggie here wait for his big shot trade........
id scalp some with ya if i could. off tl.. take care under under 4015 and 3999.. the force is with ya above..
those who can, do. those who cant, talk about those who can
  • #320,647
  • Nov 7, 2010 7:30pm Nov 7, 2010 7:30pm
This gap thing does not require so many posts IMHO ...

Gap doesn't exist because Forex is a 24*7 distributed market. Cloggie and others are right about that for sure. But, most retail trading platforms are being closed during 48h and their customers see a gap when the platform comes back online. Chonchy and others are right about that also.

Something else is true : this price difference retail traders have on their platform tends to fill. From a statistical point of view, it's often true. I don't know the reason, and "trading the gap" is perhaps not the right way to name this move, but it exists. Call it a week-end pullback if you prefer ... I think most reader here wouldn't care.

At the end, everybody is right in some way and you don't need to flame each other through hundreds of posts just for a stupid question about how to name one of the first price move of the week.
Don't just be a sheep : make your own idea of it.
  • #320,648
  • Nov 7, 2010 7:33pm Nov 7, 2010 7:33pm
Quoting geniusztc
there is no reason to go long now
+1. Wait for a strong support before going long. And that's at/below friday's low.
Don't just be a sheep : make your own idea of it.
  • #320,649
  • Nov 7, 2010 7:33pm Nov 7, 2010 7:33pm
Quoting kassec
This gap thing does not require so many posts IMHO ...

Gap doesn't exist because Forex is a 24*7 distributed market. Cloggie and others are right about that for sure. But, most retail trading platforms are being closed during 48h and their customers see a gap when the platform comes back online. Chonchy and others are right about that also.

Something else is true : this price difference retail traders have on their platform tends to fill. From a statistical point of view, it's often true. I don't know the reason, and "trading the gap" is perhaps...
If you want to be technical about it, no one has said there was a gap on forex, they said they have gaps on THEIR screens for x amount of pips, and that they including myself would trade it. so the term trading the gap does apply, because their is a real gap on these indiviual screens. I'm done with the topic!
All that is left in FF is just plain garbage. "Cloggie"
  • #320,650
  • Nov 7, 2010 7:33pm Nov 7, 2010 7:33pm
Donīt forget that Portugal may default or have IMF intervention.... The newspapers and some economists are talking about it everyday.
  • #320,651
  • Nov 7, 2010 7:34pm Nov 7, 2010 7:34pm
the MA thing:

EMA & SMA are different, one more reason to not trade it as the holy S/R.

and secondly, yes it is one of the most used indicators, now make a guess how to use it in a different way




.
Follow the Trend, thats all
  • #320,652
  • Nov 7, 2010 7:35pm Nov 7, 2010 7:35pm
Quoting kassec
At the end, everybody is right in some way and you don't need to flame each other through hundreds of posts just for a stupid question about how to name one of the first price move of the week.
Exactly right

At the end of the day, I trade what I see, and I don't give a phuck what anyone else says.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #320,653
  • Nov 7, 2010 7:35pm Nov 7, 2010 7:35pm
On the hourly chart you have 200ema, mS1 pivot and last session low acting as support. When this breaks flash crash down to 1.4 and will act as mega resistance to the upside. I am joining the short party.
  • #320,654
  • Nov 7, 2010 7:37pm Nov 7, 2010 7:37pm
Quoting kassec
+1. Wait for a strong support before going long. And that's at/below friday's low.
at/below friday's low?do you mean now ??i do not think so .it is going short now .no support here right now .
A chart helps those who can read it.
  • #320,655
  • Nov 7, 2010 7:38pm Nov 7, 2010 7:38pm
Quoting kassec
This gap thing does not require so many posts IMHO ...

Gap doesn't exist because Forex is a 24*7 distributed market. Cloggie and others are right about that for sure. But, most retail trading platforms are being closed during 48h and their customers see a gap when the platform comes back online. Chonchy and others are right about that also.

Something else is true : this price difference retail traders have on their platform tends to fill. From a statistical point of view, it's often true. I don't know the reason, and "trading the gap" is perhaps...
I agree 100 and 0ne % and I have droped allready, but he don't and next week he will be here agin...........

........short from 4040, lock in profits +1 now .......
The Chonchy
  • #320,656
  • Nov 7, 2010 7:39pm Nov 7, 2010 7:39pm
triangle
Attached Image
  • #320,657
  • Nov 7, 2010 7:40pm Nov 7, 2010 7:40pm
Quoting gatorinla
id scalp some with ya if i could. off tl.. take care under under 4015 and 3999.. the force is with ya above..
........3999 is my target gator and long from there for more sardines, thanks a lot and have a nice week ahead............
The Chonchy
  • #320,658
  • Nov 7, 2010 7:41pm Nov 7, 2010 7:41pm
Anyone find a reason why the dollar is rallying?
  • #320,659
  • Nov 7, 2010 7:41pm Nov 7, 2010 7:41pm
Quoting kassec
This gap thing does not require so many posts IMHO ...

Gap doesn't exist because Forex is a 24*7 distributed market. Cloggie and others are right about that for sure. But, most retail trading platforms are being closed during 48h and their customers see a gap when the platform comes back online. Chonchy and others are right about that also.

Something else is true : this price difference retail traders have on their platform tends to fill. From a statistical point of view, it's often true. I don't know the reason, and "trading the gap" is perhaps...
If it doesn't require so many post...why "en remettre une couche" ?

Lets end the gap stuff and lets start trading the pair
COT: The precious data ignored
  • #320,660
  • Nov 7, 2010 7:42pm Nov 7, 2010 7:42pm
@4h chart ,the 50% fibs @1.4 may give some support .
A chart helps those who can read it.
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