I have past history of statements to justify what i say.
- #654,284
- Jun 10, 2012 4:53am Jun 10, 2012 4:53am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
thanks F I will join 
Actually bones, if u wanna get a bit more detailed, I have a journal on here that I have posted I think a full day of my own sentiment analysis write ups... and you can check the day that it was for, and how the markets performed based on what I concluded from "news articles" and rumors.
It still kinda surprises me just how effective this form of analysis can be if it's developed and fine tuned.
Here's that link... just look through it, and you'll find some of my write ups within the first 2-3 pages I think...
http://www.forexfactory.com/showthread.php?t=364409...
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #654,287
- Jun 10, 2012 5:25am Jun 10, 2012 5:25am
- | Commercial User | Joined Jun 2009 | 1,254 Posts
Anyone still have this GAP ? 
Anyone still have this GAP ?
this one here you picture... it's of the breakaway sort.
the one from may 25th-27th... around 2520... it was not of the breakaway sort...and a long order at the 2520 price with a stop below the low of that friday easily yielded 2:1 reward:risk
X
- #654,289
- Jun 10, 2012 5:36am Jun 10, 2012 5:36am
- | Commercial User | Joined Jun 2009 | 1,254 Posts
breakaway gaps don't really fill. the others do. knowing the difference makes a difference.
this one here you picture... it's of the breakaway sort.
the one from may 25th-27th... around 2520... it was not of the breakaway sort...and a long order at the 2520 price with a stop below the low of that friday easily yielded 2:1 reward:risk
X
- #654,291
- Jun 10, 2012 5:48am Jun 10, 2012 5:48am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
Im not trade EURUSD. But maybe this pair going up now. Please look my yesterday post to, if You want do know, what I mean.
1) CME Euro-FX futures open interest increased 18.3 percent in May. Commercial
participants, who accounted for 46.7 percent of open interest, held net long positions;
they increased their long positions by 22.4 percent and increased their short positions
by 25.7 percent. Non-commercial participants, who accounted for 35.9 percent of open
interest, held net short positions. They increased their long positions by 23.2 percent
and increased their short positions by 20.9 percent. Non-reportable participants, who
accounted for 17.5 percent of total open interest, held net short positions; they
decreased their long positions by 0.3 percent and increased their short positions by 3.9 percent.
2) CME Euro-FX futures open interest increased 2.9 percent in July. Commercial participants, who accounted for
49.9 percent of open interest, held net long positions; they decreased their long positions by 6.9
percent and increased their short positions by 78.8 percent. Non-commercial participants, who accounted for 29.8 percent
of open interest, held net short positions. They increased their long positions by 31.8 percent and decreased
their short positions by 32.4 percent.
Non-reportable participants, who accounted for 20.3 percent of total open
interest, held net short positions; they increased their long positions by 4.7 percent and increased their short
positions by 0.1 percent.
3) CME Euro-FX futures open interest fell 21.2 percent in September. Commercial participants,
who accounted for 44.9 percent of open interest, held net short positions; they decreased their
long positions by 55.4 percent and decreased their short positions by 5.2 percent. Non-
commercial participants, who accounted for 28.4 percent of open interest, held net long
positions. They increased their long positions by 34.3 percent and decreased their short
positions by 54.0 percent.
Non-reportable participants, who accounted for 26.7 percent of total
open interest, held net long positions; they increased their long positions by 23.6 percent
and decreased their short positions by 5.2 percent.
4) CME Euro-FX futures open interest increased 37.2 percent in May. Commercial participants,
who accounted for 49.4 percent of open interest, held net long positions; they increased their
long positions by 45.1 percent and increased their short positions by 1.9 percent. Non-
commercial participants, who accounted for 36.7 percent of open interest, held net short
positions. They increased their long positions by 14.1 percent and increased their short
positions by 63.1 percent. Non-reportable participants, who accounted for 13.9 percent of total
open interest, held net short positions; they increased their long positions by 9.0 percent and
increased their short positions by 15.6 percent.
http://www.cftc.gov/OCE/WEB/previous_reports.htm
1) CME Euro-FX futures open interest increased 18.3 percent in May. Commercial
participants, who accounted for 46.7 percent of open interest, held net long positions;
they increased their long positions by 22.4 percent and increased their short positions
by 25.7 percent. Non-commercial participants, who accounted for 35.9 percent of open
interest, held net short positions. They increased their long positions by 23.2 percent
and increased their short positions by 20.9 percent. Non-reportable participants, who
accounted for 17.5 percent of total open interest, held net short positions; they
decreased their long positions by 0.3 percent and increased their short positions by 3.9 percent.
2) CME Euro-FX futures open interest increased 2.9 percent in July. Commercial participants, who accounted for
49.9 percent of open interest, held net long positions; they decreased their long positions by 6.9
percent and increased their short positions by 78.8 percent. Non-commercial participants, who accounted for 29.8 percent
of open interest, held net short positions. They increased their long positions by 31.8 percent and decreased
their short positions by 32.4 percent.
Non-reportable participants, who accounted for 20.3 percent of total open
interest, held net short positions; they increased their long positions by 4.7 percent and increased their short
positions by 0.1 percent.
3) CME Euro-FX futures open interest fell 21.2 percent in September. Commercial participants,
who accounted for 44.9 percent of open interest, held net short positions; they decreased their
long positions by 55.4 percent and decreased their short positions by 5.2 percent. Non-
commercial participants, who accounted for 28.4 percent of open interest, held net long
positions. They increased their long positions by 34.3 percent and decreased their short
positions by 54.0 percent.
Non-reportable participants, who accounted for 26.7 percent of total
open interest, held net long positions; they increased their long positions by 23.6 percent
and decreased their short positions by 5.2 percent.
4) CME Euro-FX futures open interest increased 37.2 percent in May. Commercial participants,
who accounted for 49.4 percent of open interest, held net long positions; they increased their
long positions by 45.1 percent and increased their short positions by 1.9 percent. Non-
commercial participants, who accounted for 36.7 percent of open interest, held net short
positions. They increased their long positions by 14.1 percent and increased their short
positions by 63.1 percent. Non-reportable participants, who accounted for 13.9 percent of total
open interest, held net short positions; they increased their long positions by 9.0 percent and
increased their short positions by 15.6 percent.
http://www.cftc.gov/OCE/WEB/previous_reports.htm
i depend in my trading @ elliot wave my count which i posted Friday telling me that the 3rd wave or(c wave ) is about to start and here we are with news having a gab ..
so i'm now very confused cause it looks like the common gab and it must be filled quick but my elliot count refer to a 3rd and in the 3rd wave we usualy have a break way gab which will not be filled so now i'm very very confused
i would just look at it as an exception. unless i'm mistaken, E wave isn't 100% accurate at all times....right?
X
- #654,297
- Jun 10, 2012 6:05am Jun 10, 2012 6:05am
maybe it will break away.. but i doubt it. i seriously doubt it... as that would imply a move up towards..oh gosh, something pretty high from here.
i would just look at it as an exception. unless i'm mistaken, E wave isn't 100% accurate at all times....right?
X
if it's a 3rd wave or (c wave) we will have realy oh gosh like u said
by the way is there any one sees head & shoulders bottom i'm i'm not so sure about the right shoulder
any one here see it
- #654,298
- Jun 10, 2012 6:08am Jun 10, 2012 6:08am
- | Joined May 2012 | Status: Smart trades | 211 Posts
maybe it will break away.. but i doubt it. i seriously doubt it... as that would imply a move up towards..oh gosh, something pretty high from here.
i would just look at it as an exception. unless i'm mistaken, E wave isn't 100% accurate at all times....right?
X
- #654,299
- Jun 10, 2012 6:10am Jun 10, 2012 6:10am
- Joined May 2012 | Status: I'm Pawning 95Percent | 1,407 Posts
- #654,300
- Jun 10, 2012 6:11am Jun 10, 2012 6:11am
see this all the time on shorter time periods a retest of the previous high after a trendline breaks. then it goes down again. i am thinking a retest of 1.26 amd that will be the price that sorts out the direction. good news today about the spanish banks being bailed out. might pop up or pop down
up
