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  • #348,001
  • Dec 17, 2010 6:59am Dec 17, 2010 6:59am
Quoting T@rantula
huh...I have written a long article about Friday trading about 2 months ago


Why? Because there is no one to defend market. All of the technicals get screwed up.
mind I ask to have a look at your long article?
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #348,002
  • Dec 17, 2010 7:00am Dec 17, 2010 7:00am
Quoting T@rantula
huh...I have written a long article about Friday trading about 2 months ago



Basically....friday trading is all about profit taking. Big players, hedge fund managers and other institutional traders tend to PREPARE for the next week by PROFIT TAKING.

London noon close is the key. Big players dont want to risk any UNEXPECTED events during the weekend so prior to London noon they tend to close their traders ( profit taking). Market makers then run stops of retailers SPIKING charts violently.

Why? Because there is no one to defend market. All...
Yes i heard about this and also many retail traders whose STOPS were breached when a huge event occured causing the market to go crazy at a weekend, but because brokers etc all closed you cannot do anything and they will jsut say not their fault.

Am looking for a new (additional) strategy at 4H trends (backed with DAILY) chart, but that could last more than a week(s), but i'd rather run a trade from Mon-Fri (or when signalled to close) and then look again the next Mon to re-enter, much safer.
  • #348,003
  • Dec 17, 2010 7:03am Dec 17, 2010 7:03am
Guys - please cooperate - who sees the same thing and who does not think his is good?:
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  • #348,004
  • Dec 17, 2010 7:03am Dec 17, 2010 7:03am
Quoting scurt
this is it.... this make from this forum nosence.... this crappy post...

1) you are on demo and you are 15years old

or

2) you have huge position on longs and you think that theese people on this thread will save you...

damm.... and thats it...

LOL......

Exactly what I thought.... at times people here have contrary trades and try to get others to change because they believe it will change their own bad call!!!
  • #348,005
  • Dec 17, 2010 7:05am Dec 17, 2010 7:05am
Quoting aiyoyo
mind I ask to have a look at your long article?
Its somewhere in my posts....Try to search for it....maybe 2 3 months ago...
  • #348,006
  • Dec 17, 2010 7:05am Dec 17, 2010 7:05am
Quoting willo
LOL......

Exactly what I thought.... at times people here have contrary trades and try to get others to change because they believe it will change their own bad call!!!
well at least price did increase 10 pips since his post.
  • #348,007
  • Dec 17, 2010 7:06am Dec 17, 2010 7:06am
thanks for your honesty, would be worse if it was 1.).

Know the feelings when trade goes wrong....

I would like to wish you good luck, but seems we are standing on opposite side...

(short 3291, 3314, 3260)

Quoting One.Trade
you are right the 2.) is the right one
  • #348,008
  • Dec 17, 2010 7:07am Dec 17, 2010 7:07am
Quoting samdol
well at least price did increase 10 pips since his post.
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #348,009
  • Dec 17, 2010 7:07am Dec 17, 2010 7:07am
Quoting samdol
well at least price did increase 10 pips since his post.

Hahaha

Sure did! Guess one or two bought into it!!!
  • #348,010
  • Dec 17, 2010 7:08am Dec 17, 2010 7:08am
Quoting T@rantula
Its somewhere in my posts....Try to search for it....maybe 2 3 months ago...
Thanks for the hints
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #348,011
  • Dec 17, 2010 7:09am Dec 17, 2010 7:09am
Quoting johnnyrei
Guys - please cooperate - who sees the same thing and who does not think his is good?:
Why the bottom line buddy it just runs through all the candles ?
To me it should be horizontal .
Apart from the spike to 3500 you have another horizontal line at 3420
making green pips large and red pips small this is my goal.
  • #348,012
  • Dec 17, 2010 7:09am Dec 17, 2010 7:09am
I'm interested in understanding more about the Dollar Index.

What are the key levels that one should watch for top & bottom please?
  • #348,013
  • Dec 17, 2010 7:12am Dec 17, 2010 7:12am
Quoting Arona
I'm interested in understanding more about the Dollar Index.

What are the key levels that one should watch for top & bottom please?
for now look for 80.20 80.30
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #348,014
  • Dec 17, 2010 7:13am Dec 17, 2010 7:13am
Quoting Beljevina
Good post - as were your others - but I can't help but think you are cherry picking here and skewing things after the fact. Kind of like the endless talking heads and geniuses on CNBC & Bloomberg, who always have an answer after the fact, but rarely in advance.

Yes IFO was slightly better, but the bulk of the EURUSD up move was done. But, you're omitting that Ireland got downgraded 5 notches, UK had another dose of negative news/press (yet didn't move until the last hour). The move up to 1.336 is frankly a mystery, other than seeing the live...
Exactly, news should have pushed Euro lower ... but you never know ,..especially when you are trading shorter time periods based on fundamentals.
  • #348,015
  • Dec 17, 2010 7:13am Dec 17, 2010 7:13am
Currently price (1.3258) is between weekly pivot (1.3271) and weekly s1(1.3174). Yesterday almost everyone here think that price will go below 1.3174.

i will wait for us stock market open for clue.
  • #348,016
  • Dec 17, 2010 7:15am Dec 17, 2010 7:15am
Quoting scurt
thanks for your honesty, would be worse if it was 1.).

Know the feelings when trade goes wrong....

I would like to wish you good luck, but seems we are standing on opposite side...

(short 3291, 3314, 3260)
for me i was really hoping it was number 1 becuase 2 is lots worse
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #348,017
  • Dec 17, 2010 7:17am Dec 17, 2010 7:17am
http://www.forexfactory.com/showthre...31#post4099931

read it
  • #348,018
  • Dec 17, 2010 7:19am Dec 17, 2010 7:19am
well worse for him yes indeed, but if it was 1.) I would put him on my ignore list... I am grumpler and I don`t like demo traders who yelling on thread buy buy, sell sell...

Quoting blue_z_zz
for me i was really hoping it was number 1 becuase 2 is lots worse
  • #348,019
  • Dec 17, 2010 7:19am Dec 17, 2010 7:19am
This week is not good to me, good bye for all!
  • #348,020
  • Dec 17, 2010 7:20am Dec 17, 2010 7:20am
Quoting T@rantula
http://www.forexfactory.com/showthre...31#post4099931

read it

Thanks..
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