EURUSD | Page 17805 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

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

  • #356,081
  • Jan 2, 2011 4:07pm Jan 2, 2011 4:07pm
Quoting rattyo
Oanada are just a broker.

Aussie is open and NZ they can't move these markets London and NY are the big players. The Japanese open in a few hours.


GAPS anyway are better traded on indices I find than forex. Don't bother trading them on forex myself.
Quoting dag777
i thought china, japan and australia closed today?
you sure they are open today?
The banks for the most part are closed from what I understand, but a couple things to be cautious for ...

1. Most important IMO, markets are still thin technically ... so there can be some big exaggerated moves.

2. Will fundamentals kick in this week or is Aud/Usd headed to 1.03-1.05, & same for Euro .. Fundi's or 1.35-1.36?
  • #356,082
  • Jan 2, 2011 4:07pm Jan 2, 2011 4:07pm
Quoting dag777
i thought china, japan and australia closed today?
you sure they are open today?

Yes your right no banks open. Bank holidays. so no trading!
rat
  • #356,083
  • Jan 2, 2011 4:07pm Jan 2, 2011 4:07pm
Quoting rattyo
Oanada are just a broker.

Aussie is open and NZ they can't move these markets London and NY are the big players. The Japanese open in a few hours.


GAPS anyway are better traded on indices I find than forex. Don't bother trading them on forex myself.
That's because they don't exist in Forex. It's a 24 hr market which only closes at the weekend. Now, if some huge news event occurs over a weekend, you may see wild variations in Sunday's opening prices, but in 6 years of trading, I have yet to see a gap.

Yes, Oanda are just a broker, but they open for business when the interbank market does. A lot of MT4 brokers do not open until hours later. That's where these 'gaps' come from.
  • #356,084
  • Jan 2, 2011 4:12pm Jan 2, 2011 4:12pm
I don't see any gap on my screen compared to Friday 31st.....
  • #356,085
  • Jan 2, 2011 4:13pm Jan 2, 2011 4:13pm
No no no ...

maybe one day ... you will be able to trade with a real global player ... a jolly good and well known name of player ... that might give you the chance to benefit from real Interbank Data Feed ... then you will see that there is no GAP ... not a single lousy pip (!) ...

You will have such phenomenons only with online services data feed ... but not with a real big bank feed ...

Remember ... this market does exist much longer than lousy internet and all those online services do exist ...

When I started to trade this ... there has not been a single chance to trade with 'demo accounts' within this lovely market ...

But we have been always able to trade directly with the trading desks of various branches of Interbank places all over the world ... with direct dedicated lines access (!) ...

Even more than twenty years ago ... it has been that way ... and it was that way ... it is that way ... and it will ever be that way ...

Someday ... you will make such experiences as well ... maybe ... maybe not ... (it is up to you) anyway ... good luck !



;-)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #356,086
  • Jan 2, 2011 4:13pm Jan 2, 2011 4:13pm
... don't think there've been any charts posted of 1pm EST onwards PA - here's GBP & EUR. Note volume is almost non-existent, hence the bigger swings. These 2 charts should be a compendium of 200+ bank's volumes.
Attached Image (click to enlarge)
Click to Enlarge Name: beenheredonethat.png Size: 35 KB
  • #356,087
  • Jan 2, 2011 4:13pm Jan 2, 2011 4:13pm
FXCM has just opened with 1.3353 / 1.3358

@ mike , I answered your pm, but you may not recieve it until you change your pm settings.
All that is left in FF is just plain garbage. "Cloggie"
  • #356,088
  • Jan 2, 2011 4:16pm Jan 2, 2011 4:16pm
Quoting ukdaytrader
That's because they don't exist in Forex. It's a 24 hr market which only closes at the weekend. Now, if some huge news event occurs over a weekend, you may see wild variations in Sunday's opening prices, but in 6 years of trading, I have yet to see a gap.

Yes, Oanda are just a broker, but they open for business when the interbank market does. A lot of MT4 brokers do not open until hours later. That's where these 'gaps' come from.
Exactly .... well explained ... but it will need some time ... then they will see ...

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #356,089
  • Jan 2, 2011 4:17pm Jan 2, 2011 4:17pm
Quoting tonyo524
FXCM has just opened with 1.3353 / 1.3358
FXSol just opened a point lower and I was able to exit my shorts.



Good trading to whoever is in. I'm sitting this one out until the banks open.
Don't Panic. Stay With You're Group.
  • #356,090
  • Jan 2, 2011 4:19pm Jan 2, 2011 4:19pm
HHmmmm... I wonder if risk is off for the week {which I am fundamentally bear biased with 'risk' right now}

Metals, Aud, Euro all opened Lower then Friday's close ...
  • #356,091
  • Jan 2, 2011 4:29pm Jan 2, 2011 4:29pm
Quoting Leche Mocha
And so it begins...
  • #356,092
  • Jan 2, 2011 4:32pm Jan 2, 2011 4:32pm
well risk is up early, but is this just 'closing of the gaps' or continuing of the bullish trends?
Attached Image (click to enlarge)
Click to Enlarge Name: risk up.jpg Size: 137 KB
  • #356,093
  • Jan 2, 2011 4:34pm Jan 2, 2011 4:34pm
Do we Really have to have the same shit EVERY sunday?

GET OVER THE DARN GAP STORY FOOLS! THERE IS NO GAP, JUST FOR THE RETAIL FOREX USERS!!!
@pawpaw1000 on Twitter
  • #356,094
  • Jan 2, 2011 4:35pm Jan 2, 2011 4:35pm
hello all,
dis morning my broker take a 1.3345 for opening market.
happy trading!
-sit back, relax, and maximize my profits with just a trade a day-
  • #356,095
  • Jan 2, 2011 4:38pm Jan 2, 2011 4:38pm
Quoting mikej2010
HHmmmm... I wonder if risk is off for the week {which I am fundamentally bear biased with 'risk' right now}

Metals, Aud, Euro all opened Lower then Friday's close ...
Short Term,...AUD, EUR,...going UP ! this is usually the case following a lower open,...
  • #356,096
  • Jan 2, 2011 4:38pm Jan 2, 2011 4:38pm
this is one of the few options for brokers focused on retail clients how to grab bucks.
  • #356,097
  • Jan 2, 2011 4:40pm Jan 2, 2011 4:40pm
Quoting pawpaw1000
Do we Really have to have the same shit EVERY sunday?

GET OVER THE DARN GAP STORY FOOLS! THERE IS NO GAP, JUST FOR THE RETAIL FOREX USERS!!!
Gap ... close Friday - open Sunday ... price difference by 50 pips ... there is a GAP in-between the close/open.

Last time I checked, the biggest forex players are the Central Banks ... Last time I also checked, the Central banks are closed on the weekends.
  • #356,098
  • Jan 2, 2011 4:41pm Jan 2, 2011 4:41pm
Quoting WallStBully
Short Term,...AUD, EUR,...going UP ! this is usually the case following a lower open,...
But the question for me is this, are the markets still thin? what will the momentum for the week be?
  • #356,099
  • Jan 2, 2011 4:42pm Jan 2, 2011 4:42pm
Quoting mikej2010
Gap ... close Friday - open Sunday ... price difference by 50 pips ... there is a GAP in-between the close/open.

Last time I checked, the biggest forex players are the Central Banks ... Last time I also checked, the Central banks are closed on the weekends.
Alright, on your chart there is a gap... But if I go to the bank to exchange my euros for dollars, what is happening?

Some Retail taders are able to trade overr weekends...

But okay, if it is easier for you to understand, then there is a gap...

Cheers, see 2moro!
@pawpaw1000 on Twitter
  • #356,100
  • Jan 2, 2011 4:45pm Jan 2, 2011 4:45pm
Quoting mikej2010
Gap ... close Friday - open Sunday ... price difference by 50 pips ... there is a GAP in-between the close/open.

Last time I checked, the biggest forex players are the Central Banks ... Last time I also checked, the Central banks are closed on the weekends.
2 questions for you:

Easy starter for 5 points.....
What time did markets close on Friday?

Tricky one for 10.....
What time did markets open on Sunday?

Your answer to the second question will explain your gap.
501 traders viewing now, 5 are registered:
khederzadeh
,
patientpan
,
PredictableV
,
Gecco8
,
F.g