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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

Short GBP/AUD, sl 1.5803 ...
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In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
Quoting aizazk
aren't brokers holding the stops? :S 'market makers' would be the banks and large funds........right?

green pips to you too
remember it is you- broker -market maker, they do whatever they want.
Quoting Vladimir1987
Thanks,


Im trying to be patient on the entries now waiting for a pattern to appear.

Working fine for these days only yesterday got a little bump when i got disconnected went from ~+19 to -12 when connected.. Then done some reentering.. Tuesday was good to me took 50 off could get some more but didnt trade any more.

But must work on my trade management more.. Have to figure that one out... Nothing comes with practice..

I know my lacks and will try to fix them.
Seems like you're on the right track so far, as long as risk management is good and you're following your (working, profitable) plan.
Trends, breakouts, price action.
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Texaspips
EUR/USD on my eyes ..

http://t0.gstatic.com/images?q=tbn:A...faultImage&t=1
http://t1.gstatic.com/images?q=tbn:G...mileyD.png&t=1
Wow, tonights slow moving market is making this 'easy' ... when compared to normal.

Going long on Gold.
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In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
Quoting Pipwanderer
remember it is you- broker -market maker, they do whatever they want.
Please define this market maker. It is my understanding that stops are chased in the slower hours of the market (Sydney/Asian sessions) as these market makers have more power to push the prices then, where as it would be riskier to do so in more liquid and higher volatility sessions.

I'm not trying to put you down or anything like that, just a healthy 'mini-debate' here

edit:
hence also explaining some of the choppier prices in Asian sessions
Trends, breakouts, price action.
will go short at the sessions high which might be 1.3275-80 or so
15hrs in the shadow..roughly...3210 support, 3176/84 below that
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Look Sharp/Trade Tight
any comments on this chart ?
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Quoting Pipwanderer
will go short at the sessions high which might be 1.3275-80 or so
It is possible that we already saw the session high at 1.3266
Quoting pinkiaiii
any comments on this chart ?
Attachment 599636
Yes, it's not valid. Trend broken.
In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
Quoting Vladimir1987
Thanks,


Im trying to be patient on the entries now waiting for a pattern to appear.

Working fine for these days only yesterday got a little bump when i got disconnected went from ~+19 to -12 when connected.. Th.
That broker is playing games. Drop it and contact me to fill u in with my brokers No requotes, fixed spreads.
Quoting PayTheLimit
15hrs in the shadow..roughly...3210 support, 3176/84 below that
it has touched the support area a few times... and tried the upper limit only once... for the moment i favor longs. although after hour close if it s under 1.322 i may go short
Andreyou
Quoting moonchild
It is possible that we already saw the session high at 1.3266
unless good news comes out of the Europe ... then
In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
Quoting aizazk
Please define this market maker. It is my understanding that stops are chased in the slower hours of the market (Sydney/Asian sessions) as these market makers have more power to push the prices then, where as it would be riskier to do so in more liquid and higher volatility sessions.

I'm not trying to put you down or anything like that, just a healthy 'mini-debate' here

edit:
hence also explaining some of the choppier prices in Asian sessions
well my question is how many traders trade the asian session. that thing ranges between 15 to 30 pips with wide spread traders will actaually wait for some movements before pulling triggers which is frankfurt and early london...in my opinion. i might be wrong
Quoting Pipwanderer
will go short at the sessions high which might be 1.3275-80 or so

Yap

I really don't understand those buying eu.

Even if it's just a "scalp" shouldn't it be in the direction with the higher probability of profit and even trailing?

support is being broken on the regular

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Mind over matter..I don't mind and you don't matter.
Quoting Pipwanderer
well my question is how many traders trade the asian session. that thing ranges between 15 to 30 pips with wide spread traders will actaually wait for some movements before pulling triggers which is frankfurt and early london...in my opinion. i might be wrong
i'm confused by your response, please clarify. I actually never knew a lot about stop chasing (just that it happens..didn't know much more) until I read what Ed Ponsi had to say in his book "Forex Patterns and Probabilities". It's a good read and I absolutely recommend it. He gives some good strategies to trade too (mainly on the dailies and trend systems though). He stated that it is in the slower sessions the market makers (the larger funds, banks etc) go after stops as it is easier to manipulate prices than trying to do so in the busier sessions.

Try the book if you haven't, you won't regret it
Trends, breakouts, price action.
Quoting Vladimir1987
Hes expecting a 230 pip fall for today... dont know if he sees the 180 support hmm??
Yeah disregard that I'm tired
Quoting PayTheLimit
what TF?
Well I was looking at a 4 hour chart and thinking It was hourly. So now I'm thinking it might happen over two days. I'm very tired now I'm trying to work it out before I crash.
Founder of Sutherland Wave Principle
Quoting JuliusCeasar
Yap

I really don't understand those buying eu.

Even if it's just a "scalp" shouldn't it be in the direction with the higher probability of profit and even trailing?

support is being broken on the regular

Attachment 599641
wouldn't that be the bearish pennant?
Trends, breakouts, price action.
Quoting JuliusCeasar
Yap

I really don't understand those buying eu.

Even if it's just a "scalp" shouldn't it be in the direction with the higher probability of profit and even trailing?

support is being broken on the regular

Attachment 599641
I do a 50% value hedge when I scalp against the trend.
In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
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