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  • #511,001
  • Aug 4, 2011 5:31pm Aug 4, 2011 5:31pm
Quoting FibbinArchie
hmm, insider info on cb intentions , i could retire to my own carribean island within 6 months...
Youre going to need some people to party with on your private island
  • #511,002
  • Aug 4, 2011 5:31pm Aug 4, 2011 5:31pm
Quoting PipChick
Wouldnt ya think we should need some kind of a retrace?
1.418 area would be nice lets see

also an obvious resistance area im saying frankie might spike it
Attached Image (click to enlarge)
Click to Enlarge Name: eu 1hr 050811.gif Size: 23 KB
  • #511,003
  • Aug 4, 2011 5:32pm Aug 4, 2011 5:32pm
Quoting PipChick
Well Im not sure if it will test the h1 TL then head back down or rocket thru it. I will just have to sit tight for a bit.
you mean the bottom of the h1 channel?
big numbers are our friends...
  • #511,004
  • Aug 4, 2011 5:33pm Aug 4, 2011 5:33pm
Quoting deeZG
you mean the bottom of the h1 channel?
yes
  • #511,005
  • Aug 4, 2011 5:33pm Aug 4, 2011 5:33pm
Inserted Video


when the truth is found to be lies...
  • #511,006
  • Aug 4, 2011 5:34pm Aug 4, 2011 5:34pm
Quoting attila
the hidden gap thingy.
Oh right...I'm a TOTAL noob(ish) on that!

Just something I'm playing with to sweeten my moves. I actually like it on M15...or M1! I'm still watching it on all TFs (which is why you'll see it on most of my posted charts), but those are my faves so far. It comes from the whole VSA school...which is a subject completely unto itself, with a few "masters" present on FF.

I look for a LARGE dark blue bar...on a LARGE rising or falling candle...and it indicates that a fight over direction is taking place. Like the H4 MML I'm really digging, I don't act on it alone...but when combined...it feels good to have behind my moves.

I can fill in more blanks if this post has been shite. Need two more eyes and 10 more digits!
Attached File(s)
File Type: mq4 HiddenGap Volume Indicator.mq4   19 KB | 362 downloads
  • #511,007
  • Aug 4, 2011 5:34pm Aug 4, 2011 5:34pm
Asian markets down at the open. EUR/AUD up.
EUR/USD up. Any clues?
  • #511,008
  • Aug 4, 2011 5:34pm Aug 4, 2011 5:34pm
Quoting PipChick
Youre going to need some people to party with on your private island
just get my that insider info and you'll be guest of honour pc
  • #511,009
  • Aug 4, 2011 5:35pm Aug 4, 2011 5:35pm
Quoting mohan76
strong yen moment getting strong

news effect: JAPAN ECON MIN YOSANO: CAN'T CONTINUE INTERVENTION FOREVER
PA already showing effects, geppy just breach bear flag 1hr, retesting now , will be interesting after yesterday
If you are new to Forex? Say Goodbye to your account!!
  • #511,010
  • Aug 4, 2011 5:36pm Aug 4, 2011 5:36pm
I thought I’d present some thoughts regarding tomorrow’s U.S. Non Farms Payroll report (NFP), primarily for the benefit of those of you not based in the United States. I’m sure many of you will disagree with what I’m about to write. Just keep in mind this comes from the perspective of one who lives and trades in the U.S. and one who has experienced and traded through a few situations like the one we are presented with currently.

Now, in normal circumstances, the NFP is, without a doubt, a market moving event. We are currently not operating in an environment which is a normal circumstance. There seem to be a lot of folks on this thread who are very focused on tomorrow’s NFP report. My message is really very simple – don’t be. Based on current events, tomorrow’s report will play little, if any role in the direction of the markets -- currency, equity, or otherwise. Expectations for the numbers range anywhere from a high of 130,000 to a low of, yes, you guessed, somewhere in the negative (this from the pit traders in Chicago who are pessimistic as a matter of course). I believe the consensus number is somewhere in the 60,000 area.

The NFP report is a lagging report. The unemployment claims report that was released today is more of a leading indicator. That report has stabilized with around 400,000 claims. A study of the most recent unemployment claims reports will tell you that the NFP numbers will probably come in at the range of consensus expectation -- that is, there will be NO earth shattering number. And an earth shattering number would be the only thing that would give tomorrow’s report the ability to move the markets in any significant way.

Today’s and tomorrow’s focus is on Europe, Europe, Europe. That is ALL that matters right now. There is a huge liquidity crisis brewing (some would say boilng over) in Europe. A de-levering of the world economy spurred on by the current debacle in Europe. Jean Claude Trichet gave a dismal performance today. If I didn’t tend to have respect for people older than me and for those in positions of authority , I would say his performance was laughable. “Eurozone financial situation better than U.S. and Japan. I’m not concerned for EuroZone as a whole.” What alternate universe is this person living in? I’ve been saying this for a long time and have been berated for it, mostly by Euoropeans, but also by some Americans – the European Financial Administrators have had and continue to have their heads in the sand. They have gotten to the point where they are now like that proverbial deer caught in the headlights.

Sources say that tomorrow, Ms Merkel, Mr Trichet, Mr Zapatero and Mr Sarkozy will be holding an emergency conference call. (Ms Merkel, by the way, is on vacation, and didn’t even bother calling in to the daily briefing held by her ministers where the current financial debacle wasn’t even talked about). I sure hope these folks come up with some plan of action very soon, like tomorrow. If they don’t, and just continue the usual rhetoric, well, I don’t even want to speculate as to the consequences.

Anyway, my apologies for boring you with this. There is a point to it and that point is this – FOCUS tomorrow on what is important. The US NFP report is not on the list of what is important.

Trade well, and trade carefully…
  • #511,011
  • Aug 4, 2011 5:36pm Aug 4, 2011 5:36pm
Quoting PipChick
yes
well, that would surprise me...this time i would expect a bit more of a decent pullback (1.4210 would be ideal)...

but again, who knows...we'll wait and see...
big numbers are our friends...
  • #511,012
  • Aug 4, 2011 5:36pm Aug 4, 2011 5:36pm
Quoting FibbinArchie
just get my that insider info and you'll be guest of honour pc
I will work on that FA.LOL
  • #511,013
  • Aug 4, 2011 5:37pm Aug 4, 2011 5:37pm
Quoting FibbinArchie
http://www.youtube.com/watch?v=5Jj3wZVc7nw

when the truth is found to be lies...
Feeling hippie, mofo?
  • #511,014
  • Aug 4, 2011 5:37pm Aug 4, 2011 5:37pm
thanks ken. i'll drop it in (next to my gazillion other indis, lol) and I'll watch it for a while..
Quoting kenfen69
Oh right...I'm a TOTAL noob(ish) on that!

Just something I'm playing with to sweeten my moves. I actually like it on M15...or M1! I'm still watching it on all TFs (which is why you'll see it on most of my posted charts), but those are my faves so far. It comes from the whole VSA school...which is a subject completely unto itself, with a few "masters" present on FF.

I look for a LARGE dark blue bar...on a LARGE rising or falling candle...and it indicates that a fight over direction is taking place. Like the H4 MML I'm really digging,...
  • #511,015
  • Aug 4, 2011 5:37pm Aug 4, 2011 5:37pm
Quoting kenfen69
Yep...and Asia is the time.
yea in profit on my long im lookin 4120 to cap it
  • #511,016
  • Aug 4, 2011 5:38pm Aug 4, 2011 5:38pm
Quoting kenfen69
Oh right...I'm a TOTAL noob(ish) on that!

Just something I'm playing with to sweeten my moves. I actually like it on M15...or M1! I'm still watching it on all TFs (which is why you'll see it on most of my posted charts), but those are my faves so far. It comes from the whole VSA school...which is a subject completely unto itself, with a few "masters" present on FF.

I look for a LARGE dark blue bar...on a LARGE rising or falling candle...and it indicates that a fight over direction is taking place. Like the H4 MML I'm really digging,...
Speaking of masters of VSA..where has Malcolmb been?
  • #511,017
  • Aug 4, 2011 5:39pm Aug 4, 2011 5:39pm
Quoting attila
thanks ken. i'll drop it in (next to my gazillion other indis, lol) and I'll watch it for a while..
Man u talked 4050 for days....5 pips shy....look, gonna have to tighten up
  • #511,018
  • Aug 4, 2011 5:39pm Aug 4, 2011 5:39pm
Quoting attila
thanks ken. i'll drop it in (next to my gazillion other indis, lol) and I'll watch it for a while..
Cheers mate...perfect plan!
  • #511,019
  • Aug 4, 2011 5:40pm Aug 4, 2011 5:40pm
Quoting PipChick
Speaking of masters of VSA..where has Malcolmb been?
Probably fed up with the quality of this thread.

Was meant to meet him for lunch in Vancouver...didn't/hasn't happened yet.

I'm an optimist, though!
  • #511,020
  • Aug 4, 2011 5:41pm Aug 4, 2011 5:41pm
Quoting PipChick
Speaking of masters of VSA..where has Malcolmb been?
east
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