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  • Post #46,461
  • Quote
  • Jun 6, 2012 9:19pm Jun 6, 2012 9:19pm
  •  Daytrader74
  • | Joined Nov 2009 | Status: FUDGE | 2,229 Posts
Quoting helendm
Disliked
Weed does not grow on three's
Ignored
Thanks for the very informative post.
 
 
  • Post #46,462
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  • Jun 6, 2012 9:21pm Jun 6, 2012 9:21pm
  •  bogus
  • Joined Mar 2007 | Status: Symbol | 2,788 Posts
Quoting leticus
Disliked
the brokers and bank traders whom controlling the market to their gains are lookinf at this forum also. if money is so easy. why work?
Ignored
You've got to be joking right??
FF journal: Peaks and Troffs
 
 
  • Post #46,463
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  • Jun 6, 2012 9:22pm Jun 6, 2012 9:22pm
  •  helendm
  • | Joined May 2012 | Status: Member | 58 Posts
Quoting Daytrader74
Disliked
Thanks for the very informative post.
Ignored
At least i dont need to delete my wrong trades to sound like a "good trader"
 
 
  • Post #46,464
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  • Jun 6, 2012 9:24pm Jun 6, 2012 9:24pm
  •  Daytrader74
  • | Joined Nov 2009 | Status: FUDGE | 2,229 Posts
Quoting helendm
Disliked
At least i dont need to delete my wrong trades to sound like a "good trader"
Ignored
Thats a good habit to have, well done.
 
 
  • Post #46,465
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  • Jun 6, 2012 9:33pm Jun 6, 2012 9:33pm
  •  STIprdr
  • | Joined Feb 2012 | Status: Member | 200 Posts
exited my long at 9942, @ +33 pips, good luck to you guys
Trade what you see not what you hope
 
 
  • Post #46,466
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  • Jun 6, 2012 9:34pm Jun 6, 2012 9:34pm
  •  ethanzz
  • | Joined Dec 2011 | Status: Money-deprived. | 68 Posts
anyone caught the train?
 
 
  • Post #46,467
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  • Jun 6, 2012 9:38pm Jun 6, 2012 9:38pm
  •  Heliosdz
  • | Joined May 2010 | Status: Member | 80 Posts
Parity in sight
 
 
  • Post #46,468
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  • Jun 6, 2012 9:41pm Jun 6, 2012 9:41pm
  •  Sarvegus
  • | Joined Jan 2012 | Status: Member | 59 Posts
can anyone explain to me, why, data employment change are increase but AUd/USD up? tq
 
 
  • Post #46,469
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  • Jun 6, 2012 9:44pm Jun 6, 2012 9:44pm
  •  STIprdr
  • | Joined Feb 2012 | Status: Member | 200 Posts
as far as I understand it is because that employment change means number of jobs created, if I am wrong please excuse me
Trade what you see not what you hope
 
 
  • Post #46,470
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  • Jun 6, 2012 9:45pm Jun 6, 2012 9:45pm
  •  fx-rocket
  • Joined Sep 2011 | Status: In the zone | 452 Posts
Quoting ethanzz
Disliked
anyone caught the train?
Ignored
Got in long @9894 10min before the release, locked in 40 pips with stop at 9934
Expect the unexpected.
 
 
  • Post #46,471
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  • Jun 6, 2012 9:45pm Jun 6, 2012 9:45pm
  •  KiNgEdwarD
  • | Joined Apr 2012 | Status: Member | 1,823 Posts
i love stops on news,close long +25
Sometimes it's better to be wrong,to learn..
 
 
  • Post #46,472
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  • Jun 6, 2012 9:45pm Jun 6, 2012 9:45pm
  •  5percent
  • Joined May 2012 | Status: I'm Pawning 95Percent | 1,407 Posts
This is manipulated data, and wrong kind of understanding .

Full time employment in Australia rose by 46.1K, it fell by a revised 18K a month prior.

that's why retail traders get conned.

Important is the full time employment not the part time.

Anyway the percentage from 4.9 to 5.1 is abit lame. don't know how they calculate this.

here's a strategy u can try.

hedge it. buy sell at same point with stop loss 15 pips and take profit at 40-50 pips away. if ur broker allows.

however the con about this is that; the broker may not stop u out at the point that u set ur stop loss due to 1 minute spike and slippage.

Then u trade a reversal , from high to middle or low to middle again.

u can bag in some pips.
 
 
  • Post #46,473
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  • Jun 6, 2012 9:47pm Jun 6, 2012 9:47pm
  •  Silencer
  • | Joined May 2012 | Status: Member | 303 Posts
this always gets filled with people around news events, does anybody else get anoyed with this
 
 
  • Post #46,474
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  • Jun 6, 2012 9:51pm Jun 6, 2012 9:51pm
  •  5percent
  • Joined May 2012 | Status: I'm Pawning 95Percent | 1,407 Posts
actually more or less the big players already have the data, they just do it all 1 short together at the dot of release.

Do a buy or sell stop if u don't know its going for.
 
 
  • Post #46,475
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  • Jun 6, 2012 9:52pm Jun 6, 2012 9:52pm
  •  leticus
  • | Joined Apr 2012 | Status: Member | 221 Posts
Syndicates are there to manipulate the market, so what the brothers said are correct, money management must be practised because how the bank brokers does to con us is that sometimes they will use reverse psychology and some days they will reverse reverse psychology, so we dont know what is the strategy they giving out to us. But basically, they have to "balance the book", means kill the hot favourites and let the dark horse win. same idea in sport betting book keeping.
 
 
  • Post #46,476
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  • Jun 6, 2012 9:56pm Jun 6, 2012 9:56pm
  •  Meks FX
  • | Joined Sep 2011 | Status: Member | 7 Posts
I got inn long at 9950 and exited at 9960, for +10 pips.
 
 
  • Post #46,477
  • Quote
  • Jun 6, 2012 10:08pm Jun 6, 2012 10:08pm
  •  fx-rocket
  • Joined Sep 2011 | Status: In the zone | 452 Posts
Quoting fx-rocket
Disliked
Got in long @9894 10min before the release, locked in 40 pips with stop at 9934
Ignored
Eyes are on the 50% FIB 1.0025 now..
Stop moved to 9944 (locked in +50 pips)
Expect the unexpected.
 
 
  • Post #46,478
  • Quote
  • Jun 6, 2012 10:13pm Jun 6, 2012 10:13pm
  •  Meks FX
  • | Joined Sep 2011 | Status: Member | 7 Posts
Quoting fx-rocket
Disliked
Eyes are on the 50% FIB 1.0025 now..
Stop moved to 9944 (locked in +50 pips)
Ignored
 
 
  • Post #46,479
  • Quote
  • Jun 6, 2012 10:15pm Jun 6, 2012 10:15pm
  •  leticus
  • | Joined Apr 2012 | Status: Member | 221 Posts
Quoting fx-rocket
Disliked
Eyes are on the 50% FIB 1.0025 now..
Stop moved to 9944 (locked in +50 pips)
Ignored

yes, i think u are right but before this, down 50 pips first.
 
 
  • Post #46,480
  • Quote
  • Edited at 10:34pm Jun 6, 2012 10:22pm | Edited at 10:34pm
  •  tobafx
  • | Joined May 2012 | Status: wave rider | 65 Posts
Quoting 5percent
Disliked
actually more or less the big players already have the data, they just do it all 1 short together at the dot of release.

Do a buy or sell stop if u don't know its going for.
Ignored
...and do you have mapping which is the percentage of money playing around? ie.banker, fund manager, fund offshore....mini and micro acc,..and so on..? as if they could control
 
 
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