EU and Market Comment:
It is a "process", Sonicers, as I stated earlier. No question that it is underway. And no question as to what the process is, either. The only question is how long...how many days?
- #35,401
- May 25, 2012 9:48am May 25, 2012 9:48am
- #35,402
- Edited 10:28am May 25, 2012 10:13am | Edited 10:28am
EU and Market Comment:
It is a "process", Sonicers, as I stated earlier. No question that it is underway. And no question as to what the process is, either. The only question is how long...how many days?
But for a longer term perspective, I donīt see any clear demand area where price might even bounce up from..
Looking at the weekly chart it might pull back to 1.2630 area for a retest
Also looking at the monthly chart I would not be surprised to see 1.2280 hit
Overall
but as always time will tell.H.
"The future is already written in the past"
- #35,403
- May 25, 2012 10:37am May 25, 2012 10:37am
For your underwater trades I sincerely hope you are right and they will make it back in the green
But for a longer term perspective, I donīt see any clear demand area where price might even bounce up from..
Looking at the weekly chart it might pull back to 1.2630 area for a retest
Also looking at the monthly chart I would not be surprised to see 1.2280 hit
Overall
H.
- #35,404
- May 25, 2012 11:02am May 25, 2012 11:02am
- | Commercial User | Joined Mar 2008 | 9,072 Posts | Online Now
MM
- #35,409
- Edited 12:14pm May 25, 2012 11:55am | Edited 12:14pm
Is the gap on 4th and 11st of May yet to be filled?
There are NO GAPS in forex - other than the ones that you see on your screen due to your broker being closed for the weekend. Perioud.
If you had access to a proper data feed - you will see the real story - like the BBīs do.
Gaps that donīt exsist is just another way of your broker and the BBīs trying to fuck you. Ie mass herd behaviour Perioud.
And people - can we please put that "GAP" thing to rest now.
Have a nice weekend sonicers, and Sonic - Happy Birthday
All the best.
H.
"The future is already written in the past"
- #35,410
- May 25, 2012 12:16pm May 25, 2012 12:16pm
- | Joined Oct 2010 | Status: Trader | 1,539 Posts
There are NO GAPS in forex - other than the ones that you see on your screen due to your broker being closed for the weekend. Perioud.
If you had access to a proper data feed - you will see the real story - like the BBīs do.
Gaps that donīt exsist is just another way of your broker and the BBīs trying to fuck you. Ie mass herd behaviour Perioud.
And people - can we please put that "GAP" thing to rest now.
Have a nice weekend sonicers, and Sonic - Happy Birthday
All the best.
H.
GAP blown my account in the past waiting for it to be "filled"..
- #35,420
- May 25, 2012 3:45pm May 25, 2012 3:45pm
15 years of experience? Bravo. Can you share with us some stories? Like how you got there, the change in the market in last 15 years, what's the advices from your experiences to the new traders?
But for your last question, I will say this - find a system that works for you as a trader and your personality and then stick to it - obeying your rules for that system and never ever deviate from those rules.
As a side note - it is not the system that letīs you down - It is you breaking the rules of your system that will lead you to failure.
All the best.
H.
"The future is already written in the past"