- #560,184
- Nov 9, 2011 1:28pm Nov 9, 2011 1:28pm
- | Joined Aug 2009 | Status: I support AC Milan and Arsenal | 1,009 Posts
try a 0.01 lot long at 1.3560 with s/l at 1.3530
guess bottom is always not good when the trend is strong bearish...
- #560,186
- Nov 9, 2011 1:35pm Nov 9, 2011 1:35pm
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
- #560,188
- Nov 9, 2011 1:45pm Nov 9, 2011 1:45pm
- Joined Sep 2010 | Status: MR. NOBODY | 3,042 Posts
Looks like more S&P close below neckline (1hr) 1.3476 next fence
Holding shorts still..Time for more or less....
- #560,191
- Nov 9, 2011 1:57pm Nov 9, 2011 1:57pm
- | Joined Aug 2009 | Status: I support AC Milan and Arsenal | 1,009 Posts
- #560,194
- Nov 9, 2011 2:10pm Nov 9, 2011 2:10pm
- | Joined Aug 2009 | Status: I support AC Milan and Arsenal | 1,009 Posts
anyone thinks it can go any lower?
what do you think about the possible gap in next london session, if any?
usd/chf attacking resistance on 4-hour chart
usd/cad is at strong resistance right now as well
I short 0.05 lot usd/cad at 1.0218 with s/l at 1.0258 and it stays there for a while..
not sure if it will break the resistence or will just swing in there..
i will still hold it though.....
i am looking for 1.0118 but i am not sure if this time usd/cad will break the resistence..... nervous but this is forex..
- #560,196
- Nov 9, 2011 2:38pm Nov 9, 2011 2:38pm
I dont know why but it seems most time when i tried to short this at the resistence, it will either break the resistence so i got s/l or price stay in range for a while and started to drop after i closed my short..
I short 0.05 lot usd/cad at 1.0218 with s/l at 1.0258 and it stays there for a while..
not sure if it will break the resistence or will just swing in there..
i will still hold it though.....
i am looking for 1.0118 but i am not sure if this time usd/cad will break the resistence..... nervous but this is forex..
Sounds like maybe your broker's using you as a dartboard. Does it happen often?
If your broker believes that your trades are very similar to the majority of trades placed, they might be passing your trades along to market central and as a counter-trade target (ya know... beat you and they beat a bunch of other traders too).
It's a lot less work than looking at broker-supplied order books and doing all that analysis.
Of course, I don't want to make you paranoid...
Question to ask yourself: does tick-by-tick price action change within a few seconds of a trade taken?
- #560,198
- Nov 9, 2011 2:46pm Nov 9, 2011 2:46pm
I dont know why but it seems most time when i tried to short this at the resistence, it will either break the resistence so i got s/l or price stay in range for a while and started to drop after i closed my short..
I short 0.05 lot usd/cad at 1.0218 with s/l at 1.0258 and it stays there for a while..
not sure if it will break the resistence or will just swing in there..
i will still hold it though.....
i am looking for 1.0118 but i am not sure if this time usd/cad will break the resistence..... nervous but this is forex..
- #560,199
- Nov 9, 2011 2:46pm Nov 9, 2011 2:46pm
- | Joined Aug 2009 | Status: I support AC Milan and Arsenal | 1,009 Posts
Sounds like maybe your broker's using you as a dartboard. Does it happen often?
If your broker believes that your trades are very similar to the majority of trades placed, they might be passing your trades along to market central and as a counter-trade target (ya know... beat you and they beat a bunch of other traders too).
It's a lot less work than looking at broker-supplied order books and doing all that analysis.
Of course, I don't want to make you paranoid...
Question to ask yourself: does tick-by-tick price action change...
just because of i am not a good trader, cannot understand the market trend and cannot read the price action to find a good time to entry..
actually, i think 95% traders have the same feeling as me, such as the price always goes aginst yourself faster than the price goes on your way, and most time when you short, the price will not drop but after you close it, the price will drop.. etc..
that's a lot i need to learn to trade in forex...