EURUSD

Ahh..lol so i had it right. God bless her putting up with a trader

if these bearish divergences confirm, I'll take you on, but not going in blind for a dare not unless you'll cover the loss if it doesn't work out

LMAO!!! [email protected] a pip

i dont wish nobody bad, but sure hope the numbers coming out dissapoint.

well iam taking short at 13533 !! thats in about 40 mins if it happens !!!!!

Not likely.

what happened to your divergence short your chart was showing ?

so much for that , eh ?

402

Just got Jean luc picard saying 'make it so ' when an order gets filled.

As an MT4 soundfile? I want one.

I can never find a good entry around news so im stuck on the sidelines even though I see where price is going..this sucks

not a very good performance day for me today

but i am happy i am in net profits today and that is what matters at the end of the day

http://www.franksradio.net/startrek/sounds/

http://www.mediacollege.com/download...star-trek/tng/

ark at you heehe, big spender! how much do you wanna risk, a buck?

The market-makers know exactly where these resistance areas are. If they are bullish, and higher prices are
anticipated, the market-maker will certainly want a rally. The problem now is how to avoid being forced to
buy stock from these locked-in traders at what, to them, may appear to be high prices.
Any supply area can be compared to the frequent and hated toll gates placed across roads in olden days.
Your progress was constantly impeded by having to stop and pay your toll fee if you wanted to go further.
In the stock market, higher prices are frequently blocked by a variety of traders who already hold poor
trading positions and want to sell. If the specialists or market-makers are expecting higher prices they will
have to pay their toll by absorbing any selling from these traders, but they will try and avoid or limit this
toll fee by all means.
So how do the market-makers cope with this problem?
A rapid, wide spread, or gapping, up through an old area of supply as quickly as possible, is an old and
trusted method. To the informed trader, we now have a clear sign of strength. The stock specialist does not
want to have to buy stock at high prices. He has already bought his main holding at lower levels.
Therefore, the locked-in traders must be encouraged not to sell. As the market approaches the area at
which the locked-in traders could sell out without a loss, the price rockets, gapping up, or shooting up on a
wide spread. This phenomenon can be seen on the previous chart.
The locked-in traders who have been concerned over potential losses will now suddenly be showing a
profit and will be tempted not to sell as the stress of a potential loss now turns to elation. As these traders
allowed themselves to be trapped in the first place, it is liable to happen to them again at even higher prices.
Gapping up and through resistance on wide spreads is a tried and tested manoeuvre by market-makers and
specialists to limit the amount of stock having to be bought to keep the rally going – a way of avoiding the
toll gates. The example on the above chart is on a daily timeframe, but these principles will appear on any
chart because this is the way professional traders behave.
If you observe high volume accompanying wide spreads up, this shows that the professional money was
prepared to absorb any selling from those locked-in traders who decided to sell – this is known as
absorption volume. In this situation, the market-makers anticipate higher prices and are bullish. They
know that a breakout above an old trading area will create a new wave of buying. In addition, those traders
who have shorted the market will now be forced to cover their poor positions by buying as well.
Furthermore, traders that are looking for breakouts will buy. Finally, all those traders not in the market
may feel they are missing out and will be encouraged to start buying. This all adds to the professional
bullish positions. If you see any testing or down-bars on low volume after this event, it is a very strong buy
signal.

Tom Williams - Mastering the Markets.



Every link to the current chart is purely random.

Well we were like flooded with perfect world news lately, hopefully this gives us a push for normal retracement in stocks as well. Doubt will have much of a impact anyway but i assume we may have seen highs of the day maybe.

Why you quoting stock market crap, this is the currency thread,

What may work on the stockmarket has little to no bearing on the currency market. Apples and Oranges young man, apples and oranges.


just saying......

F this!! I'm making a 20pip script!! Based on Supply & Demand!!

grabbed 20 pips ...short @ 13514 to 13494. within a quick few minutes :nerd:

I only took +5..Too Chicken Shit