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EURUSD

  • #566,441
  • Nov 27, 2011 4:29pm Nov 27, 2011 4:29pm
My broker started ticking at 22:15 3291 now 3305
Founder of Sutherland Wave Principle
  • #566,442
  • Nov 27, 2011 4:30pm Nov 27, 2011 4:30pm
100?

I've got 76.9 pips to fill the gap.

Quoting chad
there is 100 pips gap to fill up which i think its unlikely to fill up in 8 hours time.
  • #566,443
  • Nov 27, 2011 4:31pm Nov 27, 2011 4:31pm
Quoting Tyoon
Breakout.

if that's your method, place a position now and exit the position after 2 years. u're 100% winning.
  • #566,444
  • Nov 27, 2011 4:32pm Nov 27, 2011 4:32pm
Quoting SystemFX2011
100?

I've got 76.9 pips to fill the gap.
why not ? it is still in the bearish stage.
  • #566,445
  • Nov 27, 2011 4:33pm Nov 27, 2011 4:33pm
Quoting SystemFX2011
100?

I've got 76.9 pips to fill the gap.
oh, mine was like 87 pips gap. my point is, how much does it cost to fill up the gap.
  • #566,446
  • Nov 27, 2011 4:35pm Nov 27, 2011 4:35pm
$50 million per pip

$3,845,000,000 <--- how's that for some big ass wedge

Yep, it takes about $50 million to move the market 1 pip.


Quoting chad
oh, mine was like 87 pips gap. my point is, how much does it cost to fill up the gap.
  • #566,447
  • Nov 27, 2011 4:37pm Nov 27, 2011 4:37pm
Quoting mrfxlee
why not ? it is still in the bearish stage.

of cause we're on bearish stage, u can keep your short position. Or, do you wished to make another short entry at somewhere 1.34 today ? or u gonna go all in now at 1.33 level.
  • #566,448
  • Nov 27, 2011 4:37pm Nov 27, 2011 4:37pm
hehee, you missed the point mate.

Chad was stating that it was about 100 pips to fill the gap...

I had in my mind that his broker was still widening the spreads as it shows approx 76.9 pips here on my broker to fill the gap...


Quoting mrfxlee
why not ? it is still in the bearish stage.
  • #566,449
  • Nov 27, 2011 4:38pm Nov 27, 2011 4:38pm
Quoting SystemFX2011
$50 million per pip

$3,845,000,000 <--- how's that for some big ass wedge

Yep, it takes about $50 million to move the market 1 pip.

yup, does that beats the IMF's plan :400bln in some way?
  • #566,450
  • Nov 27, 2011 4:39pm Nov 27, 2011 4:39pm
i entered short based on that this gap will be filled, but as a consistent loser in forex i think this gap is too large to be filled
Forex will make you loose but you will stay gambling
  • #566,451
  • Nov 27, 2011 4:40pm Nov 27, 2011 4:40pm
Quoting chad
of cause we're on bearish stage, u can keep your short position. Or, do you wished to make another short entry at somewhere 1.34 today ? or u gonna go all in now at 1.33 level.
I simply paid attention to support @ 13220 whether it will bounce from there or Breakout to 13150 .
  • #566,452
  • Nov 27, 2011 4:41pm Nov 27, 2011 4:41pm
Quoting al5al majd
f$CK TO THIS COMPANY THEY OPEN THIS PENDING ORDER BUY @ 1.3320 REALLY f$CK TO THEM .. I CLOSE -70$
You might want to consider this broker if you like to place pending orders before weekends.
  • #566,453
  • Nov 27, 2011 4:45pm Nov 27, 2011 4:45pm
Not at all, it doesn't matter how big the gap is, it ALWAYS has to be filled... however the question is "when" will it be filled.

It may not be filled today, though when London opens we may see the attempt to go lower... once it breaks 1.32116... I feel that the Daily Support 2 line at 1.31234 will be seen;; then some consolidation and some base line rallies will start to build up more orders to ride back up again as it's been some time since this level for the supply has been reached.

Quoting Jawadnimri
i entered short based on that this gap will be filled, but as a consistent loser in forex i think this gap is too large to be filled
  • #566,454
  • Nov 27, 2011 4:49pm Nov 27, 2011 4:49pm
AM not trading, watching a bit of footy in the trading room and couldn't resist
  • #566,455
  • Nov 27, 2011 4:50pm Nov 27, 2011 4:50pm
Quoting mrfxlee
I simply paid attention to support @ 13220 whether it will bounce from there or Breakout to 13150 .
i'm not saying u're wrong, but... on weekends, market moved by news.. there is no bounce off / breakout during weekends, as monday opens, people react to the news pretty much.
  • #566,456
  • Nov 27, 2011 4:51pm Nov 27, 2011 4:51pm
Quoting SystemFX2011
Not at all, it doesn't matter how big the gap is, it ALWAYS has to be filled... however the question is "when" will it be filled.

It may not be filled today, though when London opens we may see the attempt to go lower... once it breaks 1.32116... I feel that the Daily Support 2 line at 1.31234 will be seen;; then some consolidation and some base line rallies will start to build up more orders to ride back up again as it's been some time since this level for the supply has been reached.
thanks for the encouragement :-)
Forex will make you loose but you will stay gambling
  • #566,457
  • Nov 27, 2011 4:51pm Nov 27, 2011 4:51pm
Quoting Jawadnimri
i entered short based on that this gap will be filled, but as a consistent loser in forex i think this gap is too large to be filled

Why would you even want to trade something that only you and a few dozen other muppets with 20 dollar accounts can see.

I have never seen a gap in 20 years in this business. Only idiot retail brokers give a gap, WTF is that, why would you trade something that none of the big boys will ever see is beyond me


IF you really wanted to short this, why didn't you short this 2 hours ago when it was at 3340? Ah of course your crap broker never showed you 3340......


Keep on following the muppets, 90% of them will never make any money and as long as you keep doing the same thing, neither will you.
  • #566,458
  • Nov 27, 2011 4:53pm Nov 27, 2011 4:53pm
Quoting al5al majd
f$CK TO THIS COMPANY THEY OPEN THIS PENDING ORDER BUY @ 1.3320 REALLY f$CK TO THEM .. I CLOSE -70$

How long have you been trading, 2 days? Your total lack of understanding shines through so brightly, it puts the sun to shame.

Your br0ker is shut so your pending order gets filled at the first tick, which just happens to be your open, of course you are down 70 dollars you muppet, the first tick was 3320, How care where you put your pending order, you may as well have put it at 1.18, just about as useful.
  • #566,459
  • Nov 27, 2011 4:54pm Nov 27, 2011 4:54pm
Quoting cloggie
AM not trading, watching a bit of footy in the trading room and couldn't resist
hi are you the same one who opened a thread on babypips? it was very helpful.
Forex will make you loose but you will stay gambling
  • #566,460
  • Nov 27, 2011 4:54pm Nov 27, 2011 4:54pm
I really want to trade this gap thing here I have never seen, can someone recommend me the crappiest broker available, preferably one that has a gap from Thursday through Tuesday and only opens on Wednesday, just imagine the gap I will have then, I can really make some serious money then, with any luck I will have a gap of 600 pips.
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