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  • #647,981
  • May 26, 2012 10:29am May 26, 2012 10:29am
Quoting Snarkalarker
I would hope they had a S/L in place. Do not get greedy or never expect the gap to be filled. Just go for halfway and your looking at over 90 % successful trades.

Here lately, or actually for some time now, the gaps that are tradeable are few and far between. It used to be or least it seemed liked there was a nice good gap to trade but now they have all but dissipated which makes causes me to refrain from trading them.
problem is... they kept on adding. which means... no sl in place.
  • #647,982
  • May 26, 2012 10:30am May 26, 2012 10:30am
Hey Pk I hope your sig dont apply to trading lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #647,983
  • May 26, 2012 10:34am May 26, 2012 10:34am
Quoting Bones
Hey Pk I hope your sig dont apply to trading lol
little inside joke. lol
  • #647,984
  • May 26, 2012 10:35am May 26, 2012 10:35am
Quoting stephen2003
so is the eurusd a sell next week ?.
A gap is not predictive of an upcoming weeks performance.

I still can not get my charts to post on here but I will try again.

But looking at the Monthly chart it closed Friday right in the area of an Support trend line where point A dates all the way back to 2001. This type of thing happens once in a blue moon.

Daily chart shows nothing but a continued downfall.

But yet I want to go long.

  • #647,985
  • May 26, 2012 10:39am May 26, 2012 10:39am
Quoting mv6
buy e/u 2543 sl 2513 tp 2643
stop loss - 30p
More on my Blog...
  • #647,986
  • May 26, 2012 10:41am May 26, 2012 10:41am
Quoting Bones
in-fact a gap not filling like that is very bearish ,

Am I right Fudomyo ??
Who cares?

We only want to fill half of it preferably within 8 hours.
  • #647,987
  • May 26, 2012 10:44am May 26, 2012 10:44am
right ,well my point is its bearish ,not about gap traders ?

I mean its bearish , not for 30 pips
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #647,988
  • May 26, 2012 10:47am May 26, 2012 10:47am
RSI bearish, eurusd in a downtrend, thus, short.
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  • #647,989
  • May 26, 2012 10:48am May 26, 2012 10:48am
ha ha well I think its funny ,and I dont even know the joke

Quoting pkimnyc
little inside joke. lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #647,990
  • May 26, 2012 10:49am May 26, 2012 10:49am
Quoting stephen2003
so is the eurusd a sell next week ?.
My next week target is 1.2765
  • #647,991
  • May 26, 2012 10:50am May 26, 2012 10:50am
Trust your daily ,
a pivot there =Yes
a reason for long =no

Quoting Snarkalarker
A gap is not predictive of an upcoming weeks performance.

I still can not get my charts to post on here but I will try again.

But looking at the Monthly chart it closed Friday right in the area of an Support trend line where point A dates all the way back to 2001. This type of thing happens once in a blue moon.

Daily chart shows nothing but a continued downfall.

But yet I want to go long.

On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #647,992
  • May 26, 2012 10:52am May 26, 2012 10:52am
Quoting Bones
in-fact a gap not filling like that is very bearish ,

Am I right Fudomyo ??
Yes. If you're referring to the May 4th gap EU and break of major support at 3050, it was very clear.

Look at the Feb.19th gap EY at 104.5 for the bullish continuation north and the same price area gap on May 4th for continuation south.

These are very rare on the interbank. It's a show of force and once the daily test fails to close it, the argument is over.
  • #647,993
  • May 26, 2012 10:53am May 26, 2012 10:53am
Quoting Chicky
Need Your Help

Can someone kindly comment how this pair is behaving? What is the trend, where are the support and resistances, etc. anything............ your input will be greatly appreciated.

I believe you are a very clever fellow; but, I do not believe that is a currency pair... it doesn't look sufficiently self-correlated.

Perhaps that is the output of a random number generator, no? (or the digitized result of something truly obscene)
  • #647,994
  • May 26, 2012 11:04am May 26, 2012 11:04am
Quoting chess king
takes a look at IHFOREX.COM
I do not know for certain but I only know two timezone´s
and this is different from GFT
ihforex is not regulated
  • #647,995
  • May 26, 2012 11:06am May 26, 2012 11:06am
Quoting Snarkalarker
Who cares?

We only want to fill half of it preferably within 8 hours.
The only people who care are those who want to make money.

Weekend gaps are meaningless discrepancies when a broker is offline. Real gaps are a price barrier that has been compromised by a large sum of money to take out an order block. Once you understand the difference and the reaction of the market to it, you will understand 1% more about how to trade.
  • #647,996
  • May 26, 2012 11:06am May 26, 2012 11:06am
I think euro will move up a little bit on monday without american down selling pressure.
  • #647,997
  • May 26, 2012 11:09am May 26, 2012 11:09am
Quoting Napoleon180
I think euro will move up a little bit on monday without american down selling pressure.
no way of knowing that until open. fresh new week = back to the drawing board.
  • #647,998
  • May 26, 2012 11:11am May 26, 2012 11:11am
Quoting Bones
Trust your daily ,
a pivot there =Yes
a reason for long =no
Appreciate your opinion.

Thanks.
  • #647,999
  • May 26, 2012 11:12am May 26, 2012 11:12am
If you guys look a cloggies charts with open trades on it with the purple and orange ema's. He takes his trades off around the round numbers 50 and 00 (this is what successful professionals use) since he is one of the 5%
KEEP IT SIMPLE PIPPING
  • #648,000
  • May 26, 2012 11:13am May 26, 2012 11:13am
Quoting jvh2811
If you guys look a cloggies charts with open trades on it with the purple and orange ema's. He takes his trades off around the round numbers 50 and 00 (this is what successful professionals use) since he is one of the 5%
lol. there's little more to that.
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