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  • #654,501
  • Jun 10, 2012 4:38pm Jun 10, 2012 4:38pm
Guys...this is called a "gap and go"

we are in a short squeeze situation.

people are buying not because they want to...but because they have to.

and because so many speculators are all currently short... there is really no one who wants to sell.

and everyone needs to buy.

look at the chart to see how this worked out last time
i'm sure some are still waiting for that "gap to fill"

good luck all... i will enjoy the long at least until 1.2685... and most likely 1.2800ish.

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  • #654,502
  • Jun 10, 2012 4:38pm Jun 10, 2012 4:38pm
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  • #654,503
  • Jun 10, 2012 4:39pm Jun 10, 2012 4:39pm
1.2660 is monthly pivot
Follow me on twitter @whimtradr
  • #654,504
  • Jun 10, 2012 4:44pm Jun 10, 2012 4:44pm
Quoting aheuss01
Hello guys

the problem is solve ,,, i look to joan murphy book (technical analysis of the fininacel market )

Gabs chapter (page94)

he said there's 3type of gabs

the breakwy gab happen after achart pattern complete

when we look to EURO chart we will find a Head &shoulder bottom the break of the neck line @ 1.2622 came with this gab so it confirm that pattern

the important thing is ... (as he said ) that's this type of gab will not be filled
wow... joan murphy eh? who knew... but, i happen to fully agree with you on the gap and go thinking.

i actually haven't felt this strong about direction since I saw the euro drop around 1.3500...and I was yelling "market top" from the top of my lungs.

unfortunatly, i managed to lose money on it... don't ask. just being stupid.

but... anyway. ya. we won't see 1.25 until at least next monday. I will be SHOCKED if we do.

i won't suffer financially! i'll just be shocked.

X
  • #654,505
  • Jun 10, 2012 4:45pm Jun 10, 2012 4:45pm
GAP Should learn us traders. Never ever left open position's on Friday !
  • #654,506
  • Jun 10, 2012 4:45pm Jun 10, 2012 4:45pm
Quoting Tokkers
Thx for your money bro
lol np im still holding my long from 1.5213
  • #654,507
  • Jun 10, 2012 4:47pm Jun 10, 2012 4:47pm
Is somebody having problems opening a trade in metatrader / gain Capital? I can not open any.

Quoting jayjayscot
GAP Should learn us traders. Never ever left open position's on Friday !
  • #654,508
  • Jun 10, 2012 4:48pm Jun 10, 2012 4:48pm
Quoting Ipndasno
Mybroker closed the TP on my longs at Market Open of 1.2635 =)
good for you. congrats on your winning trade.
  • #654,509
  • Jun 10, 2012 4:50pm Jun 10, 2012 4:50pm
a question:

how many accounts got burned from this up move?
Pecunia non olet
  • #654,510
  • Jun 10, 2012 4:50pm Jun 10, 2012 4:50pm
Quoting Resent
lol np im still holding my long from 1.5213

from what !!! you mean 1.2513 right??

good... how can you Deal with your emotions
  • #654,511
  • Jun 10, 2012 4:52pm Jun 10, 2012 4:52pm
I think maybe this pop is capped for awhile only watching 4hr today
If you are new to Forex? Say Goodbye to your account!!
  • #654,512
  • Jun 10, 2012 4:52pm Jun 10, 2012 4:52pm
Quoting wm-eu
a question:

how many accounts got burned from this up move?
a lot. i'm sure.
  • #654,513
  • Jun 10, 2012 4:52pm Jun 10, 2012 4:52pm
Quoting wm-eu
a question:

how many accounts got burned from this up move?
My broker closed early on friday without any kind of notice, and I had a short scalp on So that's a lot of the weekly profits gone down the drain. Could be worse though .. somehow.
  • #654,514
  • Jun 10, 2012 4:54pm Jun 10, 2012 4:54pm
Quoting AlanB
My broker closed early on friday without any kind of notice, and I had a short scalp on So that's a lot of the weekly profits gone down the drain. Could be worse though .. somehow.

all mt tp's been hit during that nice up wave loool
usd/chf short
eu /usd long
Aud/usd long

really nice start for the week !!!!
“Don't cry because it's over, smile because it happened.”
  • #654,515
  • Jun 10, 2012 4:56pm Jun 10, 2012 4:56pm
Quoting balanced2012
all mt tp's been hit during that nice up wave loool
usd/chf short
eu /usd long
Aud/usd long

really nice start for the week !!!!
Some of that money was mine, I'm sure
  • #654,516
  • Jun 10, 2012 5:02pm Jun 10, 2012 5:02pm
Quoting AlanB
Some of that money was mine, I'm sure

dont worry , i dont take effortless money so sure it will be back shortly !!!!
“Don't cry because it's over, smile because it happened.”
  • #654,517
  • Jun 10, 2012 5:12pm Jun 10, 2012 5:12pm
http://www.businessinsider.com/the-t...guindos-2012-6
  • #654,518
  • Jun 10, 2012 5:21pm Jun 10, 2012 5:21pm
Quoting CorBlimeyGuv
http://www.businessinsider.com/the-t...guindos-2012-6
yup is not only txt, this bailout is a real thornbush of bs, A they havnt even determined how much they require, possibly know by Friday, B. Uuro desperate to give some sort of confidence to world economies, that they prepared to give whatever is required, without even knowing the ammount C. They have already indicated the funds will be used to bail banks only, This is contrary to the charter, and Germany the biggest stake holder, wil not approve such a vague settlement, with no govt gaurantee, blah blah blah

The bailout plan has not even been determined, agreed or signed,

This is pure political media BS, be careful bro
If you are new to Forex? Say Goodbye to your account!!
  • #654,519
  • Jun 10, 2012 5:31pm Jun 10, 2012 5:31pm
come guys its not that far ??

gaps confuse


Quoting pkimnyc
a lot. i'm sure.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #654,520
  • Jun 10, 2012 5:34pm Jun 10, 2012 5:34pm
Quoting Bones
come guys its not that far ??

gaps confuse
Funny, I was just rethinking my analysis...and one aspect of price that I believe supports my thinking is the gap!

truth is, i'm not 100% sure whether the gap actually is supportive of my analysis, or negates it... but unless proven wrong with a gap close, i'll keep it in the "supports my analysis" column.

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