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  • #558,621
  • Nov 4, 2011 10:08pm Nov 4, 2011 10:08pm
Quoting Cerber.bf2
Does anyone know whether a stop can technically be hit in case of a gap? I mean if the gap is way higher/lower than the stop..

Or is it up to each individual broker
if the gap is more than SL limit, you will lose all the pips in the gap despite SL is very small. it happened to me once, as per SL level I was supposed to lose just 50pips, but lost 120 pips because of price opened beyond the SL limit. the act is well within the regulations of the market, the broker said.
  • #558,622
  • Nov 4, 2011 10:30pm Nov 4, 2011 10:30pm
I am long EUR/GBP over the weekend but I'm quite sure that my S/L will not get hit. Because I have no S/L
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  • #558,623
  • Nov 4, 2011 10:31pm Nov 4, 2011 10:31pm
Quoting KillerWhale
I am long EUR/GBP over the weekend but I'm quite sure that my S/L will not get hit. Because I have no S/L
Well then you certainly have good reason to be confident your SL is safe
  • #558,624
  • Nov 4, 2011 11:37pm Nov 4, 2011 11:37pm
Quoting KillerWhale
I am long EUR/GBP over the weekend but I'm quite sure that my S/L will not get hit. Because I have no S/L
Sorry for my ignorance, but what is S/L? I tried to google it, but it says it is some place in Pakistan, is it Sri Lanka?

http://en.wikipedia.org/wiki/S.L._Benfica
The Thief of Wall Street
  • #558,625
  • Nov 5, 2011 12:00am Nov 5, 2011 12:00am
Quoting Chicky
Sorry for my ignorance, but what is S/L? I tried to google it, but it says it is some place in Pakistan, is it Sri Lanka?

http://en.wikipedia.org/wiki/S.L._Benfica
Naughty chicky has come back for teasing - teast 1 2 3 - Boomm Bammm Powww
If there was easy money lying around,no one would be forcing it into your
  • #558,626
  • Edited 12:40am Nov 5, 2011 12:27am | Edited 12:40am
Quoting Chicky
Sorry for my ignorance, but what is S/L? I tried to google it, but it says it is some place in Pakistan, is it Sri Lanka?

http://en.wikipedia.org/wiki/S.L._Benfica
Chicky after his trading sessions :
Attached Image
  • #558,627
  • Edited 1:08am Nov 5, 2011 12:48am | Edited 1:08am
Quoting Chicky
Sorry for my ignorance, but what is S/L? I tried to google it, but it says it is some place in Pakistan, is it Sri Lanka?

http://en.wikipedia.org/wiki/S.L._Benfica
Yeah Chicky, you are partly right. It is Sri Lanka but that's not in Pakistan.
and it is not a place, it is the Sri Lankien name for my Sugar Babe. I was just saying that I didn't use her to protect EG this weekend.

I'm trying to collect a few of them in different places over the planet.
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  • #558,628
  • Nov 5, 2011 12:59am Nov 5, 2011 12:59am
My initial view for next week (could be subject to change though)

EU long
EG long
GU short
UCAD long
UJ banned for now, waiting till it's 75
GJ banned

to be continued .............

Oh and it's raining and cold in San Diego, very rare.
And I just found out that I'm out of alcohol and with the nasty weather don't feel like going out.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #558,629
  • Nov 5, 2011 1:03am Nov 5, 2011 1:03am
Quoting KillerWhale
Whats the point? How often do you see a 200 pip GAP?
Philosophy in question. And it does happen.
  • #558,630
  • Nov 5, 2011 1:17am Nov 5, 2011 1:17am
Quoting KillerWhale
My initial view for next week (could be subject to change though)

EU long
EG long
GU short
UCAD long
UJ banned for now, waiting till it's 75
GJ banned

to be continued .............

Oh and it's raining and cold in San Diego, very rare.
And I just found out that I'm out of alcohol and with the nasty weather don't feel like going out.
Would be Appreciate for your chart
If there was easy money lying around,no one would be forcing it into your
  • #558,631
  • Nov 5, 2011 1:50am Nov 5, 2011 1:50am
Quoting KillerWhale
My initial view for next week (could be subject to change though)

EU long
EG long
GU short
UCAD long
UJ banned for now, waiting till it's 75
GJ banned

to be continued .............

Oh and it's raining and cold in San Diego, very rare.
And I just found out that I'm out of alcohol and with the nasty weather don't feel like going out.
I'd also be interested to see why you think UCAD long at the moment. I see a little bit of a bearish signal on my chart. I wouldn't say I expect a huge profit out of it, but I do think there's some room to move down before heading up. Recent PA is fairly bullish, but price has been getting rejected around the 1.0210x level.

I don't have it shown on the chart, but there's also some recent bearish divergence. The high has recently remained around the same levels and gone up a few pips even, while the CCI has peaked quite a bit lower than the previous high.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 27 KB
  • #558,632
  • Nov 5, 2011 2:09am Nov 5, 2011 2:09am
Quoting KillerWhale
My initial view for next week (could be subject to change though)

EU long
EG long
GU short
UCAD long
UJ banned for now, waiting till it's 75
GJ banned

to be continued .............

Oh and it's raining and cold in San Diego, very rare.
And I just found out that I'm out of alcohol and with the nasty weather don't feel like going out.
San Diego, a nice place. Drive down to Coranado for some good beer and then mexican food
  • #558,633
  • Nov 5, 2011 2:32am Nov 5, 2011 2:32am
Quoting KillerWhale
My initial view for next week (could be subject to change though)

EU long
EG long
GU short
UCAD long
UJ banned for now, waiting till it's 75
GJ banned

to be continued .............

Oh and it's raining and cold in San Diego, very rare.
And I just found out that I'm out of alcohol and with the nasty weather don't feel like going out.


lol. how can you go long eu and short gu and go long usdcad ...!!!! ever heard of something called correlation ???
  • #558,634
  • Nov 5, 2011 2:50am Nov 5, 2011 2:50am
Quoting FX Babie
lol. how can you go long eu and short gu and go long usdcad ...!!!! ever heard of something called correlation ???
If EU and GU were so highly correlated, there would be no move in EG right?
What does Ucad have to do with this correlation?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #558,635
  • Nov 5, 2011 2:51am Nov 5, 2011 2:51am
Quoting PipMaxzz
San Diego, a nice place. Drive down to Coranado for some good beer and then mexican food
Don't have to go to Coronado for that, it's all over the place.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #558,636
  • Nov 5, 2011 2:52am Nov 5, 2011 2:52am
Quoting FXMindset
Would be Appreciate for your chart
I'll provide charts tomorrow
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  • #558,637
  • Nov 5, 2011 2:58am Nov 5, 2011 2:58am
Quoting factorof2
I'd also be interested to see why you think UCAD long at the moment. I see a little bit of a bearish signal on my chart. I wouldn't say I expect a huge profit out of it, but I do think there's some room to move down before heading up. Recent PA is fairly bullish, but price has been getting rejected around the 1.0210x level.

I don't have it shown on the chart, but there's also some recent bearish divergence. The high has recently remained around the same levels and gone up a few pips even, while the CCI has peaked quite a bit lower than the previous...
Not sure yet about UCAD, fact is that the daily shows higher low and higher high. Maybe the divergence will bring it a bit lower first. I'll post a chart tomorrow.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #558,638
  • Nov 5, 2011 3:01am Nov 5, 2011 3:01am
Quoting KillerWhale
Not sure yet about UCAD, fact is that the daily shows higher low and higher high. I'll post a chart tomorrow.
Ah okay, yeah I might actually agree that it's bullish for the longer term. Maybe if it goes down on the 4H you can build your long positions for the coming weeks
  • #558,639
  • Edited 9:35am Nov 5, 2011 3:05am | Edited 9:35am
Morning , happey weekend to all .

me still in favour of bear continuation as 3871 inatct , big correctiog going on quite some time , in channel but again failed break 3871 last session with all bad news . How it can make complex without decision , eurzone nor Greece is in centre of the turmoil now can provide any good news enough to hold for months after months & so why reversal ! weekly cleary breakthough so far . correct fully the down fall start yesterday in vain & even not much it should actually test channel bottom 3704, the break out level . now bo for immediate term is 3757 around.
Apparently h4 tf in charge of the reversal attempts !! wherase it again in the making daily tf & now see daily tf , chart added .

lets see how it reacts , Greece PM won confidence vote marginally & still 2 days to make many news about , nothing good any ,except prevent catasthope now , later may free to do .

Still seeing my 9 months views , downside so far , 3805 & 3650 broken , not any confirmation though before go below 3600 .
http://www.forexfactory.com/showthre...58#post5063158

Small tf one for next week , may cur with both edges
http://www.forexfactory.com/showthre...57#post5105057
wish good to else where .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd31.gif Size: 11 KB
Click to Enlarge Name: usd30.gif Size: 10 KB
Click to Enlarge Name: usd29.gif Size: 16 KB
Click to Enlarge Name: usd28.gif Size: 11 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #558,640
  • Nov 5, 2011 3:10am Nov 5, 2011 3:10am
Quoting KillerWhale
If EU and GU were so highly correlated, there would be no move in EG right?
What does Ucad have to do with this correlation?
okay . too understand why usdcad is correlated w/ euro$ just look at thew dollar index..if dollar index is rallying what does it mekan for usdcad. it eill go up right ??? and what about eu . it will go down right ?? then that way usdcad and euro$ move in the opposite direction. if euro$ goges up usdcad will do up.
As for ej . it will follow euro unless boj is influencing it..
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