these indices are dropping so fast the emas cant get across the page quick enough.http://www.forexfactory.com/images/icons/icon7.gif
Big Picture Money Management 4 replies
Trend Following on Big Timeframes with Xumm 11 replies
Who has made BIG money with a BIG trading account consistently? 14 replies
Big jump or big drop ? 3 replies
BIG Money and news releases 4 replies
Dislikedim a bit disappointed i missed the 9.30 retail sales,internet down,but looking at 1 minute chart its identical to yesterdays pattern and subsequent drop,would have liked to have watched quotes leading into this,agin these maybe coincidental but theirs defiantly a pattern there.Ignored
Dislikedhi srmfx,when you say the pa after that announcement was strange and bounced back.was you watching the quote price ?the reason i ask for,is yesterdays drop after yesterdays jobless figures was quick but reasonably solid,thats why i didnt trade it back up for a quick fill to close the vacuum,if the drop has gapping holes in it i look to fill it,
but my interest lies in the 5 to 10 minutes leading into these announcements,ive been logging the way the quotes read,trying to determine if i can enter prior to release,i know it sounds ilogical,but their...Ignored
Dislikedhi bapxyz
Sometimes I think the money starts to flow a lot longer than a few minutes before the announcement.
yes i couldnt agree more with you.ive never really concentrated on price leading into the announcements ,but recently i have been watching the quote prices .interestingly there seems to be a pattern of price,thanks for the encouragement
regards
williamIgnored
Dislikedhi srmfx,when you say the pa after that announcement was strange and bounced back.was you watching the quote price ?the reason i ask for,is yesterdays drop after yesterdays jobless figures was quick but reasonably solid,thats why i didnt trade it back up for a quick fill to close the vacuum,if the drop has gapping holes in it i look to fill it,
but my interest lies in the 5 to 10 minutes leading into these announcements,ive been logging the way the quotes read,trying to determine if i can enter prior to release,i know it sounds ilogical,but their...Ignored
Dislikedhi sutts,
to answer your question ,sometimes they show on the small time frames,
an extreme example is after announcements when price falls 70 80 pips on a minute candle,as it searches for liquidity.on the chart it appears as a just a long down candle,but on the quote you see 3 and 4 pip gaps it skips down missing prices,then generally fills back very quickly and retraces 50 % as thats usually were it starts skipping,then it will carry on back down with more solid quotes.i watch my 14 pairs at this point to see if this sentiment is reflected overall,if...Ignored
Dislikedhi srmfx,
i would think you are on this eu trade,im on cable long and ft,just to clarify my misprint on cable level,16106 to even no,sorry for confusion.
regards
williamIgnored