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  • #334,061
  • Nov 28, 2010 2:21pm Nov 28, 2010 2:21pm
Quoting cloggie
Friday closed? What's that, never heard that one before. The pub closes, the shops do, this market doesn't. Have a look at the last 10 pages or so, plenty of us giving a play by play of what the market is doing right now.

3310
yeah your point is clear. we know after 10 posts that forex goes on, even in the weekend.

but i mean ofcourse the price that closed at friday at 9 out 10 brokers.
  • #334,062
  • Nov 28, 2010 2:22pm Nov 28, 2010 2:22pm
Quoting jamanja
yeah your point is clear. we know after 10 posts that forex goes on, even in the weekend.

but i mean ofcourse the price that closed at friday at 9 out 10 brokers.

No you are still missing the point, some retail brokers do not show a price feed, that is less then 1% of volume, not 9 out of 10.
  • #334,063
  • Nov 28, 2010 2:23pm Nov 28, 2010 2:23pm
Quoting cloggie
Just in case you missed it, we dropped 1100 pips on debt fears so 50 pips is less then diddly squat.
less the 20% of the first fib. less then a 5% retrace.. maybe not even diddly squat.
those who can, do. those who cant, talk about those who can
  • #334,064
  • Nov 28, 2010 2:24pm Nov 28, 2010 2:24pm
Quoting cloggie
Just in case you missed it, we dropped 1100 pips on debt fears so 50 pips is less then diddly squat. And just to paraphrase the analogy, it didn't jump 50-60 pips, it was a nice gradual bounce up that took over an hour to materialise, I wouldn't call that a jump by any stretch of the imagination.

3307
Wow, you really are 'Mr.Argue' aren't ya?

I have read a few of your posts, not saying you don't know what you are talking about by any means ... but you pretty much shut down others like you 'know it all', let me ask you straight up 'cloggie' ... do you know it all?
  • #334,065
  • Nov 28, 2010 2:26pm Nov 28, 2010 2:26pm
Quoting gatorinla
less the 20% of the first fib. less then a 5% retrace.. maybe not even diddly squat.

IT is posters like that one that come on forums like this propagating falsehoods and retail myths that cause so many other retailers and new entries in this business to fail.
  • #334,066
  • Nov 28, 2010 2:27pm Nov 28, 2010 2:27pm
IMF: No Irish Payments For 4-Plus Years
IMF official Chopra says Ireland’s first payment on any draw-down does not start for four and a half years. They have ten years to pay back the loan, according to a Reuters headline.
The terms of these bailouts went from being quiet punitive in the case of the original Greek terms (three years) to pretty cushy in the case of Ireland (10 years). Portugal will probably get 20 years to repay when they inevitably come calling…

www.forexlive.com

I call that "learning by doing"... or at least trying hard not to fuck up too fast.
  • #334,067
  • Nov 28, 2010 2:28pm Nov 28, 2010 2:28pm
Quoting mikej2010
Wow, you really are 'Mr.Argue' aren't ya?

I have read a few of your posts, not saying you don't know what you are talking about by any means ... but you pretty much shut down others like you 'know it all', let me ask you straight up 'cloggie' ... do you know it all?

MikeJ, I countered your silly statement with fact, not my fault that you cannot see it. Open your eyes kiddo.
  • #334,068
  • Nov 28, 2010 2:31pm Nov 28, 2010 2:31pm
Quoting mikej2010
Wow, you really are 'Mr.Argue' aren't ya?

I have read a few of your posts, not saying you don't know what you are talking about by any means ... but you pretty much shut down others like you 'know it all', let me ask you straight up 'cloggie' ... do you know it all?
Brother, we have had so many of the same stupid questions over the last hour! Hell, wake the f&$k up!!! Jeepers!

Cloggs explained the 1st time in detail and we still have some in the class who don't get it!!! I'm all for learning but this is getting irritating...

Use google or baby pips if you don't understand something, that's how most of us started!

So please, stop being a woman with a wet pants and contribute or shut it...

Love ya
@pawpaw1000 on Twitter
  • #334,069
  • Nov 28, 2010 2:31pm Nov 28, 2010 2:31pm
Quoting cloggie
MikeJ, I countered your silly statement with fact, not my fault that you cannot see it. Open your eyes kiddo.
& if you follow my statements, you will see that I accidentally went long on friday instead of hitting short with a $1 pip. so I said 'maybe it will swing in my favor' to close this trade and go short.

You are just one of those who like to hear yourself talk. Go on 'I'm impressed' if it makes you feel better.

You know more then me in forex!!! congrats ... now carry on.
  • #334,070
  • Nov 28, 2010 2:35pm Nov 28, 2010 2:35pm
gap... feed off on Friday.. then they turn it back on for you at new week start. your gap is not real. trades happened while your broker turned off the feed. money was exchanged..no real gap. just the difference in the market movement. while your broker was closed till open. .

now, if you get a large enough portion of traders to use it then it may become reality. many trade fibs/tl. so they became a self fulfilling prophesy.
those who can, do. those who cant, talk about those who can
  • #334,071
  • Nov 28, 2010 2:36pm Nov 28, 2010 2:36pm
Quoting mikej2010
& if you follow my statements, you will see that I accidentally went long on friday instead of hitting short with a $1 pip. so I said 'maybe it will swing in my favor' to close this trade and go short.

You are just one of those who like to hear yourself talk. Go on 'I'm impressed' if it makes you feel better.

You know more then me in forex!!! congrats ... now carry on.
i hope you took your gains at least partially off the table with all this argument going on?
  • #334,072
  • Nov 28, 2010 2:42pm Nov 28, 2010 2:42pm
Quoting Mr Hatch
i hope you took your gains at least partially off the table with all this argument going on?
I don't make a living with forex, I don't claim to be an expert, I have made a few bucks since I started but nothing to have a 'great' living off of.

I truly think it is hilarious, the egos that are developed from Forex trading.

Does no one realize that if anyone here {speaking of at least 99%} really knew what they were talking about to the point of having a formula or theory that truely worked, they would be making A LOT more money and having nothing to do with online communities?

I just laugh at the argument of THEORY and NOT fact.

Everything you research leads to a THEORY of what will happen.

Is there really that much to prove about one's self in forex ... really? I just don't understand where this 'I gotta be top dog' mentality in this community comes from.
  • #334,073
  • Nov 28, 2010 2:43pm Nov 28, 2010 2:43pm
q
Quoting cloggie
The market is far from closed, your broker may be, but the market is vey open. You may want to reconsider your broker and join the real world.
Hi
Do u C Price Moving 24/7 on your own chart No stop?
This question also to Mal and anyone use Esignal
  • #334,074
  • Nov 28, 2010 2:44pm Nov 28, 2010 2:44pm
Quoting gatorinla
gap... feed off on Friday.. then they turn it back on for you at new week start. your gap is not real. trades happened while your broker turned off the feed. money was exchanged..no real gap. just the difference in the market movement. while your broker was closed till open. .

now, if you get a large enough portion of traders to use it then it may become reality. many trade fibs/tl. so they became a self fulfilling prophesy.
Hi again fellas.
Haven't been here for long but as they say there are no ex junkies or traders.

Regarding the gap, I think that although the trade never stops and there is no gap there actually IS a gap. That is the gap between normal market conditions/players and the weekend ones. I was on the market for about a year and a half and with a very few exceptions it did close on the day of the opening. I don't think there was a single case where it did not close during the week after the opening.

Go figure...
Riding the Dragon....
  • #334,075
  • Nov 28, 2010 2:44pm Nov 28, 2010 2:44pm
Quoting mikej2010
& if you follow my statements, you will see that I accidentally went long on friday instead of hitting short with a $1 pip. so I said 'maybe it will swing in my favor' to close this trade and go short.

You are just one of those who like to hear yourself talk. Go on 'I'm impressed' if it makes you feel better.

You know more then me in forex!!! congrats ... now carry on.
Dude, I'm fairly new to FOREX also. But I'm here to learn, not insult those that are much more experienced than you or I and are sharing their wisdom with us.
I politely recommend that you engage in more reading and MUCH less posting. No one's here to hold your goddamned hand. And I've got to say that the fact that you admit to accidentally going long rather than short speaks volumes of your trading abilities.
  • #334,076
  • Nov 28, 2010 2:46pm Nov 28, 2010 2:46pm
Quoting mikej2010
I don't make a living with forex, I don't claim to be an expert, I have made a few bucks since I started but nothing to have a 'great' living off of.

I truly think it is hilarious, the egos that are developed from Forex trading....
that was not my question... but as you ask...

who's wiser, the chick or the hen?

it's the same shit every day around here. new traders come, feel insulted or overwhelmed by the experienced guys without even trying to take what those guys give for free and start to rant about their egos.

be honest to yourself: would you like to answer the same shit over and over again in detail, seeing that the new members don't even feel like looking back?

Quoting mikej2010
Does no one realize that if anyone here {speaking of at least 99%} really knew what they were talking about to the point of having a formula or theory that truely worked, they would be making A LOT more money and having nothing to do with online communities?
this one is really ridiculous and misleading. you have not understood the diversity in human character. otherwise you would not have said this.
  • #334,077
  • Nov 28, 2010 2:46pm Nov 28, 2010 2:46pm
Quoting Mr Hatch
IMF: No Irish Payments For 4-Plus Years
IMF official Chopra says Ireland’s first payment on any draw-down does not start for four and a half years. They have ten years to pay back the loan, according to a Reuters headline.
The terms of these bailouts went from being quiet punitive in the case of the original Greek terms (three years) to pretty cushy in the case of Ireland (10 years). Portugal will probably get 20 years to repay when they inevitably come calling…

www.forexlive.com

I call that "learning by...
so the loaner of the money loses 10 years of interest? its like wiping your ass before you crap. it just don't make sense.

the broke banks, backed by the broke countries. (just to screw the citizens of that country) are now backed up by other broke countries. in return these broke banks buy the broke countries bonds.
the banks who made bad business deals, now want the citizens to cover the stockholders of the banks loses. silly sheep.
those who can, do. those who cant, talk about those who can
  • #334,078
  • Nov 28, 2010 2:47pm Nov 28, 2010 2:47pm
Quoting iflyjetzzz
Dude, I'm fairly new to FOREX also. But I'm here to learn, not insult those that are much more experienced than you or I and are sharing their wisdom with us.
I politely recommend that you engage in more reading and MUCH less posting. No one's here to hold your goddamned hand. And I've got to say that the fact that you admit to accidentally going long rather than short speaks volumes of your trading abilities.
Going out to eat at 4pm & shopping on black Friday and accidentally hitting the wrong button for a 10,000 lot speaks about my trading abilities.

No it speaks 'We are late to meet my family-in-law for dinner & I want my damn deals from best-buy NOW'

And at least I admit my mistakes here, unlike most who pretend to be perfect.

I made a mistake ... OH MY GOD.
  • #334,079
  • Nov 28, 2010 2:50pm Nov 28, 2010 2:50pm
Quoting Farstrider
Hi again fellas.
Haven't been here for long but as they say there are no ex junkies or traders.

Regarding the gap, I think that although the trade never stops and there is no gap there actually IS a gap. That is the gap between normal market conditions/players and the weekend ones. I was on the market for about a year and a half and with a very few exceptions it did close on the day of the opening. I don't think there was a single case where it did not close during the week after the opening.

Go figure...
place any random # on your chart an = distance from the proclaimed gap. i bet my left nut statistically over a given period of time. they both close equally.
those who can, do. those who cant, talk about those who can
  • #334,080
  • Nov 28, 2010 2:51pm Nov 28, 2010 2:51pm
Quoting gatorinla
so the loaner of the money loses 10 years of interest? its like wiping your ass before you crap. it just don't make sense.

the broke banks, backed by the broke countries. (just to screw the citizens of that country) are now backed up by other broke countries. in return these broke banks buy the broke countries bonds.
the banks who made bad business deals, now want the citizens to cover the stockholders of the banks loses. silly sheep.
The IMF just takes money from all countries, they are worth a few hundred billion dollars & they have something crazy like 100 million pure ounces of gold. They are the 3rd biggest holder of gold in the world.

The IMF isn't really losing money as the money is a collection of funds from all countries. I would be willing to say the 'United States' is losing money, as they are the biggest contributor to the IMF. Hince why a QE brings the value of the USD down for the US bailout but a Europe bailout brings the value of the EURO up .... because the bailout money is not from the EU for the most part but the IMF.
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