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  • #356,141
  • Jan 2, 2011 5:55pm Jan 2, 2011 5:55pm
Quoting jezek5
Hello everyone,maybe i should introduce myself,i'm sure when i post the first thing people do is look to see how long i've been a member and such.
But the fact is that i've been a guest reader here for 8 years,if you don't believe me then you can find my name on other forums,although i've never posted anywhere much,it shows how many years as a member.
I've been in this game nearly 10 years now,but not always fx.
In that time i've seen all sorts of things,good traders blowing up accounts, average traders turning into really good traders,and the steady...
Surviving in this business for 10 years surely deserves my respect!
Good luck 2u2, after 8 years it's time to share your thoughts.....
Don't be a hero. Don't have an ego. Always question yourself
  • #356,142
  • Jan 2, 2011 5:59pm Jan 2, 2011 5:59pm
Quoting mikej2010
okay guys', for education and curiosity purposes, I just called & spoke with my broker.

Basically the reason for the 'gap' {and they said there is one} is because the 'interbank' market {not a centralized exchange but the communication platform /trading platform between banks, etc} is closed on the weekends and is open 5-5.5 days a week.

Interbank trading begins in 'wellington New Zealand and ends in the New York Market.

There is a floating rate over the weekend due to commerce, news, etc. but with Forex Trading through the Interbank, that...

Well ... very nice done ... and your service staff did explain somehow correctly ...

But one tiny addition ... market open with Wellington branches ... and closes with last branches NY and Chicago ...

Don't forget Chicago ... for historical and practical procedures reasons ... IMM etcetera ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #356,143
  • Jan 2, 2011 5:59pm Jan 2, 2011 5:59pm
I'm long at 3350 tp 3390 sl3325

Iim using my scalping account since I can no longer hedge, and still holding the short at 3400 on Oanda. Using Bollingers as my determining factors. There was rejection on the 1 hour bollinger of the downward market opening drift.
All that is left in FF is just plain garbage. "Cloggie"
  • #356,144
  • Jan 2, 2011 6:00pm Jan 2, 2011 6:00pm
Quoting jezek5
Hello everyone,maybe i should introduce myself,i'm sure when i post the first thing people do is look to see how long i've been a member and such.
You're so polite. It's a nice change in this thread As I was trying to say on Friday, you don't need to justify yourself. This thread has such a high turnover that I hardly recognise anyone these days. I could see from a few of your posts that there was more than meets the eye. Others probably have as well but they just don't want to admit it - maybe they think it might come across as a bit gay or something
Nothing worth having is easy.
  • #356,145
  • Jan 2, 2011 6:03pm Jan 2, 2011 6:03pm
i'm short 1.3350
  • #356,146
  • Jan 2, 2011 6:08pm Jan 2, 2011 6:08pm
Quoting tonyo524
I'm long at 3350 tp 3390 sl3325

Iim using my scalping account since I can no longer hedge, and still holding the short at 3400 on Oanda. Using Bollingers as my determining factors. There was rejection on the 1 hour bollinger of the downward market opening drift.
Hey Tonyo How are you?, If I may ask, why trading with every single market closed until US open? or it just a quick trade to help with boredom until your long term trade plays out?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #356,147
  • Jan 2, 2011 6:08pm Jan 2, 2011 6:08pm
Quoting USD-Bear
Surviving in this business for 10 years surely deserves my respect!
Good luck 2u2, after 8 years it's time to share your thoughts.....
Thank you USD Bear,one thing that is really catching my eye at present is swissy,i don't trade it as a rule but it could be a good short,i posted it here several days ago.
My only concern is that it feels like Hal and his mates have been more or less running the show the last 4 weeks,so not sure how true the price action is.
You can remain irrational longer than you can remain solvent.
  • #356,148
  • Jan 2, 2011 6:12pm Jan 2, 2011 6:12pm
Quoting buonvangvn
i'm short 1.3350
out 15 pips
  • #356,149
  • Jan 2, 2011 6:12pm Jan 2, 2011 6:12pm
If EU h1 holds under 3360, then price is likely to target the 38.2 then the 50% or even the daily TL.(which may be a decent buy depending on PA at that specific time)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU Daily.gif Size: 15 KB
Click to Enlarge Name: EU h1.gif Size: 15 KB
  • #356,150
  • Jan 2, 2011 6:13pm Jan 2, 2011 6:13pm
Quoting mercy seat
Well ... very nice done ... and your service staff did explain somehow correctly ...

But one tiny addition ... market open with Wellington branches ... and closes with last branches NY and Chicago ...

Don't forget Chicago ... for historical and practical procedures reasons ... IMM etcetera ...
is that your 2 cents? you had to just talk? j/k

But I think that they meant where the actual players start playing, 'Chicago' might be open, but the Interbank players all around might not consider it open.

& not to mention, Chicago is where 'forex futures' are ran out of.
  • #356,151
  • Jan 2, 2011 6:15pm Jan 2, 2011 6:15pm
Quoting PipChick
If EU h1 holds under 3360, then price is likely to target the 38.2 then the 50% or even the daily TL.(which may be a decent buy depending on PA at that specific time)
with Fundamentals shaping up, {& hopefully the market isn't as thin this session & week}, I don't think we are going about 1.34-1.35

http://www.forexfactory.com/showthre...91#post4280491
  • #356,152
  • Jan 2, 2011 6:15pm Jan 2, 2011 6:15pm
Quoting jezek5
Thank you USD Bear,one thing that is really catching my eye at present is swissy,i don't trade it as a rule but it could be a good short,i posted it here several days ago.
My only concern is that it feels like Hal and his mates have been more or less running the show the last 4 weeks,so not sure how true the price action is.
Just checked my levels on swissy and the way i see it 0.9321 needs to hold,i know its right there now but i've had this number for 2 months now,
time and price will tell but it looks very turtle like to me.
You can remain irrational longer than you can remain solvent.
  • #356,153
  • Jan 2, 2011 6:16pm Jan 2, 2011 6:16pm
http://cdn.forexfactory.com/images/attach/png.gif 2011-01-03_00h47_EURUSD _ x-Daily _ 002.PNG (25.0 KB)


Lowest still been 1.3328 ...

If not lower than 1.3322 ... then we will do have more uside potential again later ...

Bullish potential we are getting now ... Trend potential is rising (+7) ...


;-)
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-01-03_00h47_EURUSD _ x-Daily _ 002.PNG Size: 25 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #356,154
  • Jan 2, 2011 6:17pm Jan 2, 2011 6:17pm
Quoting gatorinla
s/o... no trading for me w/o a candle confirmation. if 3411 or 29 don't cap this...then beyond 3461.25 3470 may be a tuff nut to crack... but beyond 3548/53... i look for candles at either.. atm i see no reason to short w/o a candle agreement. most inidis will screw you because they can stay overbought longer then a sl. . i can not long below these levels being so close atm. atm 4h mapa says it may have topped already. its the same place we topped last time we spiked to 3498.. testing it as i type.

happy new year.
later
sos
those who can, do. those who cant, talk about those who can
  • #356,155
  • Jan 2, 2011 6:18pm Jan 2, 2011 6:18pm
Quoting Driver55
Do yourself a favor ....
Don't go short ...
we are directed at least @3421
Quoting Driver55
Hi all,
If we touch 3326 , I'll go flat

Happy flat
The best thing that can happen to you is to find out where you're wrong.
  • #356,156
  • Jan 2, 2011 6:18pm Jan 2, 2011 6:18pm
Quoting sisse
Hey Tonyo How are you?, If I may ask, why trading with every single market closed until US open? or it just a quick trade to help with boredom until your long term trade plays out?

sisse
out!
All that is left in FF is just plain garbage. "Cloggie"
  • #356,157
  • Jan 2, 2011 6:19pm Jan 2, 2011 6:19pm
Quoting PipChick
If EU h1 holds under 3360, then price is likely to target the 38.2 then the 50% or even the daily TL.(which may be a decent buy depending on PA at that specific time)
Hello PipChick,
thank´s for the charts and happy new year, hope all is fine
  • #356,158
  • Jan 2, 2011 6:20pm Jan 2, 2011 6:20pm
Quoting gatorinla
3333 shows up .. and always wants the spotlight. depending on broker on the 4h the 3360x area above or below could decide the future. but we are above the monthy weekly and daily close atm.. but they will all roll Sunday. so it all changes.
not time to be a hero
sos
those who can, do. those who cant, talk about those who can
  • #356,159
  • Jan 2, 2011 6:20pm Jan 2, 2011 6:20pm
Quoting buonvangvn
out 15 pips
2k to 59k in 6 months

you'll be rich
  • #356,160
  • Jan 2, 2011 6:20pm Jan 2, 2011 6:20pm
Quoting mikej2010
with Fundamentals shaping up, {& hopefully the market isn't as thin this session & week}, I don't think we are going about 1.34-1.35

http://www.forexfactory.com/showthre...91#post4280491
We will have to see what PA gives us at that point.
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