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  • #339,301
  • Dec 5, 2010 1:45pm Dec 5, 2010 1:45pm
For monday I'll be looking back at the big NFP bar for clues. I expect good support starting at 3343. A close under 3246 on the hourly and the bears are back in charge. Above the market I'll be watching 3433 and 3473.
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #339,302
  • Dec 5, 2010 1:52pm Dec 5, 2010 1:52pm
Quoting PayTheLimit
For monday I'll be looking back at the big NFP bar for clues. I expect good support starting at 3343. A close under 3246 on the hourly and the bears are back in charge. Above the market I'll be watching 3433 and 3473.
Sticking solely with 'technical' with no fundamental added into the equation for the next couple of days?
  • #339,303
  • Dec 5, 2010 1:54pm Dec 5, 2010 1:54pm
Quoting mikej2010
Sticking solely with 'technical' with no fundamental added into the equation for the next couple of days?
Yes, pure technicals.
Look Sharp/Trade Tight
  • #339,304
  • Dec 5, 2010 2:10pm Dec 5, 2010 2:10pm
Quoting DudeSepii
????????????????

Here's the current price.
Attached Image
  • #339,305
  • Dec 5, 2010 2:12pm Dec 5, 2010 2:12pm
Quoting GulfCoastPip
Here's the current price.
put up a 15m, 30m, etc. if you wouldn't mind ... or atleast tell what those are showing.
  • #339,306
  • Dec 5, 2010 2:15pm Dec 5, 2010 2:15pm
Quoting mercy seat
One last time again ... shure the real market closes ... and it closes when Chicago is pluggin out ...

And Markets open ... when Wellington Banks plug in ...

That is the Interbank Market ... and then trades can be taken under Interbank Rules Conditio ... not lousy Lots are being traded then ...

So if you are with Global Players ... with convenient deposits more than one million in accounts ... then you may start to trade soon ...

Otherwise you trade with online services ... and some of them do so as if you are with...
Well said mercy seat!

The official market is closed.
However brokers such as Oanda are open because they are a market maker.
So if there is no counter-party to fill your order the market maker will be the counter-party. They will look with pleasure where you have placed your SL and TP and move the market accordingly, very easy game (same as going to an house auction with 2 bidders, you and the seller). In the mean time the order books getting passed around right know to play the stop hunting game early Monday morning my time.

Vielen Dank nochmals, mercy seat, fuer all die guten Informationen.

Cheers
  • #339,307
  • Dec 5, 2010 2:19pm Dec 5, 2010 2:19pm
Quoting GulfCoastPip
Here's the current price.
It looks like the open for me and everybody who opens @5PM EST will be below 1.34. Have we traded below that level so far?
Prices are never too high to begin buying or too low to begin selling.
  • #339,308
  • Dec 5, 2010 2:20pm Dec 5, 2010 2:20pm
Here's my last update. I'm grilling ... so ... I'll be away from the PC .... YUP grilling in December ... gotta love the south. Wearing shorts too!


Here's a 15min and 30 min chart of Current Price.
Attached Images
  • #339,309
  • Dec 5, 2010 2:23pm Dec 5, 2010 2:23pm
Quoting Pipstrumpf
Well said mercy seat!

The official market is closed.
However brokers such as Oanda are open because they are a market maker.
So if there is no counter-party to fill your order the market maker will be the counter-party. They will look with pleasure where you have placed your SL and TP...

Time now in Wellington 0920 Monday morning, GS, DB, Barcap and others have large trading floors there and you think they got their fingers up their @rse and are not trading?

Why the uninformed scream the loudest on this thread is beyond me.

Why don't you move out of your little retail bubble and see what goes on in the world around you.

Signing of, you guys can go ahead and keep feeding each other misinformation to your heart's content, what do I care. Posters like this just reinforce the fact that the losing retailer is leading the others to blow up their account and the willing readers here just let them, go figure.
  • #339,310
  • Dec 5, 2010 2:25pm Dec 5, 2010 2:25pm
Quoting GulfCoastPip
Here's the current price.
Show them the spread

Any of you can open a practice account with OANDA and watch the same feed.
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  • #339,311
  • Dec 5, 2010 2:27pm Dec 5, 2010 2:27pm
Quoting knuckledrag
Show them the spread

Spread on Oanda is fluctuating between 9 and 7 pips. Which is normal for this time of day. Right at opening you'll see 10 pips, as time goes on it will be less.
  • #339,312
  • Dec 5, 2010 2:28pm Dec 5, 2010 2:28pm
Quoting cloggie
Time now in Wellington 0920 Monday morning, GS, DB, Barcap and others have large trading floors there and you think they got their fingers up their @rse and are not trading?

Why the uninformed scream the loudest on this thread is beyond me.

Why don't you move out of your little retail bubble and see what goes on in the world around you.

Signing of, you guys can go ahead and keep feeding each other misinformation to your heart's content, what do I care. Posters like this just reinforce the fact that the losing retailer is leading the others...
Thought you where leaving, pls do. You are so arrogant and have the biggest Ego in FF. First post make after the weekend and it's insutling someone again. You are such a...... What is it you call members..... Oh yeah that's right, muppet!!! Do one, you stink of arrogance!
Trade the price action, not the cash!!!
  • #339,313
  • Dec 5, 2010 2:30pm Dec 5, 2010 2:30pm
Quoting cloggie
Time now in Wellington 0920 Monday morning, GS, DB, Barcap and others have large trading floors there and you think they got their fingers up their @rse and are not trading?

Why the uninformed scream the loudest on this thread is beyond me.

Why don't you move out of your little retail bubble and see what goes on in the world around you.

Signing of, you guys can go ahead and keep feeding each other misinformation to your heart's content, what do I care. Posters like this just reinforce the fact that the losing retailer is leading the others to...
Could you come back to cable thread then Cloggs. Muppett, me, in need of sorting, like.
All systems of divination, like music itself,work through patterns.
  • #339,314
  • Dec 5, 2010 2:31pm Dec 5, 2010 2:31pm
Quoting Scullmeister
Do one, you stink of arrogance!

Being well informed usually appears like arrogance to guys like you who have no clue, can't help that buddy. Get yourself an interbank feed and dump your broker and you can see what goes on in the real world.

I am taking a break from this thread, why would I want to lower the learning curve of those not wanting to listen?

Historically it is always the guys like you that keep the real traders like me away from this and other threads.

It is no loss to me to step aside and let the muppets run the asylum again,

The floor is all yours Scullmeister, go ahead and spread your misinformation, dragging others down with you, as I said before, I stopped caring.
  • #339,315
  • Dec 5, 2010 2:32pm Dec 5, 2010 2:32pm
Quoting Scullmeister
Thought you where leaving, pls do. You are so arrogant and have the biggest Ego in FF. First post make after the weekend and it's insutling someone again. You are such a...... What is it you call members..... Oh yeah that's right, muppet!!! Do one, you stink of arrogance!
Come on man, give it a break.

He is just correcting a mistake, in his unique style.
  • #339,316
  • Dec 5, 2010 2:33pm Dec 5, 2010 2:33pm
Quoting Scullmeister
Thought you where leaving, pls do. You are so arrogant and have the biggest Ego in FF. First post make after the weekend and it's insutling someone again. You are such a...... What is it you call members..... Oh yeah that's right, muppet!!! Do one, you stink of arrogance!

oh goody the show started............
people please ...........

put cloggie on your iggy list if he bothers you, but lets cut the drama around here.
  • #339,317
  • Dec 5, 2010 2:34pm Dec 5, 2010 2:34pm
Quoting knuckledrag
put cloggie on your iggy list if he bothers you, but lets cut the drama around here.

No need knuckle, I have removed myself from the discussion here.

The noise of the muppets and uninformed is making any reasonable discussion pointless, they refuse to let the facts get in the way of an unreasoned argument.

See ya.
  • #339,318
  • Dec 5, 2010 2:36pm Dec 5, 2010 2:36pm
Quoting cloggie
Being well informed usually appears like arrogance to guys like you who have no clue, can't help that buddy. Get yourself an interbank feed and dump your broker and you can see what goes on in the real world.

I am taking a break from this thread, why would I want to lower the learning curve of those not wanting to listen?

Historically it is always the guys like you that keep the real traders like me away from this and other threads.
I don't post here at all usually because it is full of idiots like you bigging yourselfs up all the time. I pop in and out to pass the time, too busy trading to get involved in your crap trust me. You ain't got any idea who I am and how I trade so reel that neck in small guy.
Trade the price action, not the cash!!!
  • #339,319
  • Dec 5, 2010 2:36pm Dec 5, 2010 2:36pm
Quoting Scullmeister
Thought you where leaving, pls do. You are so arrogant and have the biggest Ego in FF. First post make after the weekend and it's insutling someone again. You are such a...... What is it you call members..... Oh yeah that's right, muppet!!! Do one, you stink of arrogance!
I do wish some of you people would just keep our mouths shut. Cloggie was providing excellent advice yesterday over the NFP and whilst I am a newbie trader I dont post here very often but read the comments of well respected people like cloggie with interest in the hopes of learning more about the forex trading market which is not that easy by a long shot. Look at the percentage of traders that fail.

Most people know that today is Sunday, early morning in the Far East and they start oeprating before anybody else, and yes sure the spreads are large with the brokers that do support those trading hours. Most brokers do not open their feeds until 5pm EST when you can trade. Anybody wanting to see what is happening before hours can also just look at quote.com or xe.com which give an indication (but only an indication) as to where the market will "open" at 5pm EST.

I do hope that you people do NOT drive good people like Cloggie away from this thread, but I fear that you have already done so.
  • #339,320
  • Dec 5, 2010 2:37pm Dec 5, 2010 2:37pm
Quoting cloggie
No need knuckle, I have removed myself from the discussion here.

The noise of the muppets and uninformed is making any reasonable discussion pointless, they refuse to let the facts get in the way of an unreasoned argument.

See ya.
You have? like 10 times now, lol
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