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  • #330,141
  • Nov 22, 2010 7:43am Nov 22, 2010 7:43am
Quoting PipChick
The 15 min PA is indicating a pull back although the candle is not closed yet. Time for me to cover short.
overall pa down so we need to see what happens with the 50 level. If it fails on the retest I would expect a test to 3600

Looking at the chart and from what I have been reading on vsa the reversal bar on the 15 min chart and the spike in volume, I was short at 3686 now I am just looking at price levels to see what happens.

Also that movement could have just been indicative of a pullback to this short action.

The other thing I am looking at is 3630 was a nice demand area so it could actually now become supply. Time will tell.
Know when to hold em, Know when to fold em!
  • #330,142
  • Nov 22, 2010 7:43am Nov 22, 2010 7:43am
Quoting cloggie
Aren't you doing Everest during lunch tomorrow?
200% for the day.

holy cow... how about some money management?

stan
  • #330,143
  • Nov 22, 2010 7:44am Nov 22, 2010 7:44am
Quoting cloggie
I agree, that was unacceptable, I need to redo my calculations.
lol yup - no algo account could compete
  • #330,144
  • Nov 22, 2010 7:44am Nov 22, 2010 7:44am
Quoting goods
overall pa down so we need to see what happens with the 50 level. If it fails on the retest I would expect a test to 3600
  • #330,145
  • Nov 22, 2010 7:44am Nov 22, 2010 7:44am
Quoting mfoste1
there is no gap....the only gap is in retail because your borker closed....

i dont know why people find this so hard to understand

just because price came back to a certain point people say "a gap was closed"

prices inevitably return to specific points....

I am not arguing/explaining gap trading to you. I do not trade through a retail broker. Last time I checked no retail FX broker let their clients trade forwards and/or swaps.

"Pros don't use gaps" isn't a valid statement, people who can't make money from trading gaps, don't trade gaps. If you don't understand the strategy and the risk profile; it's not for you and you will never understand; Professional or amateur.

I used to run orders for a dmm/floor broker on NYMEX. I am sorry, your going to hate me but... they take into account gaps in their strategy.


Anyways, doesn't matter, hope ya'll are making the BIG BUCKS

Have a few interns applying for the trading assistant position this week in the NY office. I think I should ask for their FF user-name(s) or restrict applicants with a minimum 4.1GPA-- should eliminate most FF'ers
  • #330,146
  • Nov 22, 2010 7:45am Nov 22, 2010 7:45am
Quoting Beljevina
NVSA & PA during the Asia & London timeframe gave away that we were going to head down.
Quoting malcolmb14
wot you mean you went long instead of playing the gap close ? lol

not sure why everyone been taking sells all asia , when 30 min up is in up trend

I gave them they buy zone 1.3740 , been simple trading

at this point unless 1.3680 taken out 2 hour is in up channel ... BUY dips will make 50 to 100 pip a go ...

Any newbies trying to sell in asia and wondering why they having such a hard time .. look at the 2 hour charts ( 1 hr if you have mt4) you will see
the clear trend up for 4 days now
i think ur VSA expert was long. Very bad calls. Buy dips....well no.
  • #330,147
  • Nov 22, 2010 7:46am Nov 22, 2010 7:46am
Quoting gatorinla
will 3744 stop the bull?
others if not..3657 3969 3991 3701 3705..a st indi may help when near level.
those who can, do. those who cant, talk about those who can
  • #330,148
  • Nov 22, 2010 7:47am Nov 22, 2010 7:47am
Quoting cloggie
I agree, that was unacceptable, I need to redo my calculations.
50% retracement from well defended 3450 area last week and today highs, I suppose.
  • #330,149
  • Nov 22, 2010 7:48am Nov 22, 2010 7:48am
Quoting akhtergroup
I am not arguing/explaining gap trading to you. I do not trade through a retail broker. Last time I checked no retail FX broker let their clients trade forwards and/or swaps.

"Pros don't use gaps" isn't a valid statement, people who can't make money from trading gaps, don't trade gaps....
4.1... how about a college degree... that may be a better start.
  • #330,150
  • Nov 22, 2010 7:48am Nov 22, 2010 7:48am
Quoting PayTheLimit
still riding it down K?
I have my intraday short taken at 1,3730 like you which is still in play...i might get rid of it very soon...
And i have 2 small shorts at 1,3750 and 1,3770 with stop at BE. For these last 2 it will either BE or 1,3450.

Just saw you made your loss back and even got profit. Well done!
COT: The precious data ignored
  • #330,151
  • Nov 22, 2010 7:49am Nov 22, 2010 7:49am
Quoting T@rantula
i think ur VSA expert was long. Very bad calls. Buy dips....well no.
naturally no bad calls on this thread, you must be confusing it with another thread T....
Look Sharp/Trade Tight
  • #330,152
  • Nov 22, 2010 7:51am Nov 22, 2010 7:51am
Quoting PipChick
If this m15 closes as a high vol pin, it could take price back to the 3660ish area.
Tricky PA - I think we may fail here again, for a dip to 1.36. Kind of indeterminate on the M15 with that reversal doji. The bottom is there or here though ... stopping volume is underway.
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  • #330,153
  • Nov 22, 2010 7:51am Nov 22, 2010 7:51am
Quoting T@rantula
i think ur VSA expert was long. Very bad calls. Buy dips....well no.
Maybe his chart was upside down...it was distribution...but what do i know...
COT: The precious data ignored
  • #330,154
  • Nov 22, 2010 7:51am Nov 22, 2010 7:51am
Quoting PayTheLimit
naturally no bad calls on this thread, you must be confusing it with another thread T....
No. It was this thread.
  • #330,155
  • Nov 22, 2010 7:52am Nov 22, 2010 7:52am
Quoting kuroro001
I have my intraday short taken at 1,3730 like you which is still in play...i might get rid of it very soon...
And i have 2 small shorts at 1,3750 and 1,3770 with stop at BE. For these last 2 it will either BE or 1,3450.

Just saw you made your loss back and even got profit. Well done!
Nice trading today pal, hope you get your targets. I'm done for the day, I think, talk later, PTL
Look Sharp/Trade Tight
  • #330,156
  • Nov 22, 2010 7:52am Nov 22, 2010 7:52am
looking for a nice short set up to enter southwards again

hmmm
Hero calls followed by margin calls...
  • #330,157
  • Nov 22, 2010 7:53am Nov 22, 2010 7:53am
Quoting T@rantula
No. It was this thread.
I was only kidding T, I was here for it this morning, LOL...
Look Sharp/Trade Tight
  • #330,158
  • Nov 22, 2010 7:53am Nov 22, 2010 7:53am
Quoting kuroro001
Maybe his chart was upside down...it was distribution...but what do i know...
Hell I dont know really.:nerd:
  • #330,159
  • Nov 22, 2010 7:54am Nov 22, 2010 7:54am
Quoting T@rantula
No. It was this thread.

i gotta agree w u there malcs analysis was wayyyy off the mark....
  • #330,160
  • Nov 22, 2010 7:54am Nov 22, 2010 7:54am
Quoting PayTheLimit
I was only kidding T, I was here for it this morning, LOL...
I am a noob for selling out Asia.....well L O L
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