a bear trap? after Hns on M15.
patient is my attitude, rushing is a dog
Cable Update (GBPUSD)
- #314,767
- May 25, 2012 2:37pm May 25, 2012 2:37pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
unfortunately, in 4x market , there are some companies or banks or other persons or financial groups who own very large amount of money & sometimes intentionaly they do up or down a currency without any fondamental or technical reasons, just in order to make easy profit for themselves specially in GBP/USD pair, you see some times 500-800-1400-or even more pips in this pair go up or down without any reversal like now that this pair has gone about 800 pips & still is going down witout any revers or correction. As you said the main reason...
good luck!
90% of traders use TA, indicators and prediction
- #314,768
- May 25, 2012 2:54pm May 25, 2012 2:54pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
unfortunately, in 4x market , there are some companies or banks or other persons or financial groups who own very large amount of money & sometimes intentionaly they do up or down a currency without any fondamental or technical reasons, just in order to make easy profit for themselves specially in GBP/USD pair, you see some times 500-800-1400-or even more pips in this pair go up or down without any reversal like now that this pair has gone about 800 pips & still is going down witout any revers or correction. As you said the main reason...
are u aying this cause yur atvatar say uptrend and the mofo is actually falling
i hear u..and i feel your pain..but honestly we did it to our self..tony is riding cable like seabiscuit
so no excuse plz
- #314,770
- May 25, 2012 3:13pm May 25, 2012 3:13pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
easy with weekly thats my new saying hahaare u aying this cause yur atvatar say uptrend and the mofo is actually falling
but honestly we did it to our self..tony is riding cable like seabiscuit
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #314,771
- May 25, 2012 3:30pm May 25, 2012 3:30pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #314,772
- May 25, 2012 4:09pm May 25, 2012 4:09pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
im seriouslt day trading after this..damn this this trading method
I look forward to it brother, between yourself, bones, PT and a few others we can shake the house.
You haven't day traded much before? I think you mentioned before that you haven't.
Come with me if you want to live....
- #314,773
- May 25, 2012 4:12pm May 25, 2012 4:12pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #314,774
- May 25, 2012 4:14pm May 25, 2012 4:14pm
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
- #314,775
- May 25, 2012 4:22pm May 25, 2012 4:22pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #314,776
- May 25, 2012 4:23pm May 25, 2012 4:23pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Sorry nAV missed this post.
I look forward to it brother, between yourself, bones, PT and a few others we can shake the house.
You haven't day traded much before? I think you mentioned before that you haven't.
i can day trade..its fine all good..problem is work and trading..its difficult to even monitor trades..but i can trade of the dailly
- #314,777
- May 25, 2012 4:35pm May 25, 2012 4:35pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
i can day trade..its fine all good..problem is work and trading..its difficult to even monitor trades..but i can trade of the dailly
My girl is so cute, whenever she has tummy time, she assumes the skydiving/aero plane position, it's crazy and other mothers group mums can't figure it out. I think she is going to take life with both hands and give it a good shake
Come with me if you want to live....
- #314,778
- May 25, 2012 5:24pm May 25, 2012 5:24pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #314,780
- May 25, 2012 6:43pm May 25, 2012 6:43pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
The condition of this market is free fall bb im sure you can see ? I notice on free fall theres a target
not certainly i make it more difficult!
IMO, at these levels must be very cautious in both directions.
just this!
every approach near 5650 price find reject.
and same when near 5700.
one or the other will surely be broken.
but IMO a brake downside will simply trigger more demand.
the more down the more demand increases.
unless everything tank heavy and all orders go closed and price fall free. but same: how many times this happens?
in my experience a trend comes to an end. once ended, at least we see a ranging between...
On-site guru & also FF member's' psychiatrist, when not drinking tea