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  • #566,401
  • Nov 27, 2011 2:58pm Nov 27, 2011 2:58pm
Quoting Shawninohio
Even though Tradings off.. Can I buy that at my Market price and then sell it when it opens for a short.

Sorry if I sound dumb, But I'm brand new.
Still showing 1.3233 here on my my MT4...LOL
You can't do a thing when your broker is closed

Your broker will show a gap, not the market. So don't even think about shorting it blindly...
  • #566,402
  • Nov 27, 2011 3:02pm Nov 27, 2011 3:02pm
Quoting MitchWorse
You can't do a thing when your broker is closed

Your broker will show a gap, not the market. So don't even think about shorting it blindly...
Mitch,

There's me trying to get smart again...LMAO
  • #566,403
  • Nov 27, 2011 3:11pm Nov 27, 2011 3:11pm
Quoting MitchWorse
You can't do a thing when your broker is closed

Your broker will show a gap, not the market. So don't even think about shorting it blindly...
I am shorting. Because the gap will always be filled before anything else come close. it will go to support 13215 and bounce back or go straight to 13150
  • #566,404
  • Nov 27, 2011 3:12pm Nov 27, 2011 3:12pm
Quoting mrfxlee
I am shorting. Because the gap will always be filled before anything else come close. it will go to support 13215 and bounce back or go straight to 13150
Not always the case.... Gaps can take time to close. Using gaps as targets when you have setups are much more effective than just blindly taking the trade, hoping to close the gap.
  • #566,405
  • Nov 27, 2011 3:13pm Nov 27, 2011 3:13pm
Quoting Shawninohio
Mitch,

There's me trying to get smart again...LMAO
Holding positions over the weekend might seem fun, but when it turns against you, you're screwed big time.
A broker open way beyond your stops/accountsize for example.
  • #566,406
  • Nov 27, 2011 3:13pm Nov 27, 2011 3:13pm
Quoting pkimnyc
Not always the case.... Gaps can take time to close.
Yep...days easily.
  • #566,407
  • Nov 27, 2011 3:15pm Nov 27, 2011 3:15pm
Quoting mrfxlee
I am shorting. Because the gap will always be filled before anything else come close. it will go to support 13215 and bounce back or go straight to 13150
I miss cloggie
  • #566,408
  • Nov 27, 2011 3:18pm Nov 27, 2011 3:18pm
Quoting mrfxlee
I am shorting. Because the gap will always be filled before anything else come close. it will go to support 13215 and bounce back or go straight to 13150
Dude how long have you been trading, very recently there were gaps on EU that closed sometime later in the week, not monday or tuesday.
  • #566,409
  • Nov 27, 2011 3:19pm Nov 27, 2011 3:19pm
Quoting pkimnyc
Not always the case.... Gaps can take time to close. Using gaps as targets when you have setups are much more effective than just blindly taking the trade, hoping to close the gap.
well , I never trade blindly. My action was taken by my experience. Trading is all about experience and I just want to share my experience with people and not to argue here.
  • #566,410
  • Nov 27, 2011 3:21pm Nov 27, 2011 3:21pm
i forecast eur opening at 1.3320 this week

a HUGE gap up !!!






this price comes from xe.com


.
  • #566,411
  • Nov 27, 2011 3:23pm Nov 27, 2011 3:23pm
Quoting Ultimate6
Dude how long have you been trading, very recently there were gaps on EU that closed sometime later in the week, not monday or tuesday.
I have traded for at least 3 years. cause right now bearish signal are still heavy. No doubt there are Bullish sentiments. but I don't think the trend will be reverse suddenly without any warning.
  • #566,412
  • Nov 27, 2011 3:23pm Nov 27, 2011 3:23pm
Quoting mrfxlee
well , I never trade blindly. My action was taken by my experience. Trading is all about experience and I just want to share my experience with people and not to argue here.
Really?
  • #566,413
  • Nov 27, 2011 3:23pm Nov 27, 2011 3:23pm
Something to note, one thing to concentrate on is setups, gaps really are not setups, they are illusions, at least to me now, thanks to a good friend. The pair moves up and down from support to resistance, it's just a game of supply and demand, after all the gap is in the eye of the beholder and subject to retailers everywhere.

Quoting mrfxlee
well , I never trade blindly. My action was taken by my experience. Trading is all about experience and I just want to share my experience with people and not to argue here.
It's easy to be humbled but hard to be humble.
  • #566,414
  • Nov 27, 2011 3:26pm Nov 27, 2011 3:26pm
Quoting hindustani
i forecast eur opening at 1.3320 this week

a HUGE gap up !!!






this price comes from xe.com


.
1.3330 now
  • #566,415
  • Nov 27, 2011 3:26pm Nov 27, 2011 3:26pm
Quoting pkimnyc
Really?
your experience might be different with mine. and I do respect your view too
  • #566,416
  • Nov 27, 2011 3:27pm Nov 27, 2011 3:27pm
Quoting mrfxlee
I have traded for at least 3 years. cause right now bearish signal are still heavy. No doubt there are Bullish sentiments. but I don't think the trend will be reverse suddenly without any warning.
Didn't they just solve the Italy problem with the free 800B?

EDIT: Didnt read your last line I'm thinking in periods of week(s)...
  • #566,417
  • Nov 27, 2011 3:31pm Nov 27, 2011 3:31pm
Quoting Noob007
Didn't they just solve the Italy problem with the free 800B?
the outcome might not be today. I expect a positive result for this week. Let's see how it goes. whether this bearish signal will end or continued to stripped down to @1.21 . we are talking about probability here. but as I said the trend will never change suddenly. we need to spot reversal pattern. I am using Price Action Strategy.
  • #566,418
  • Nov 27, 2011 3:31pm Nov 27, 2011 3:31pm
Quoting Noob007
Didn't they just solve the Italy problem with the free 800B?
Well it was EUR 400-600 Bln, but it was a "report" citing "sources".

Then again, it could turn out to be true. In which case E/U might retrace its entire fall from the past week before Monday!
  • #566,419
  • Nov 27, 2011 3:34pm Nov 27, 2011 3:34pm
Quoting Tellerton
Well it was EUR 400-600 Bln, but it was a "report" citing "sources".

Then again, it could turn out to be true. In which case E/U might retrace its entire fall from the past week before Monday!
and We have EFSF coming too. this EFSF may send euro to 1.45 (Probability)
  • #566,420
  • Nov 27, 2011 3:34pm Nov 27, 2011 3:34pm
Quoting Tellerton
Well it was EUR 400-600 Bln, but it was a "report" citing "sources".

Then again, it could turn out to be true. In which case E/U might retrace its entire fall from the past week before Monday!

It would give Italy 12 - 18 months of breathing room, and the primo panic over the past week was the fear that Germany would refuse to roll over for them.
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