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  • #654,561
  • Jun 10, 2012 9:22pm Jun 10, 2012 9:22pm
Quoting forextraderx
Hey there buddy. nice first post, but I feel compelled to tell you: no, according to technical analysis, in fact not all gaps have to fill. There is a specific gap known as a "break away" gap that, in fact, according to technical analysis does NOT fill...

continuation gaps do, but breakaway gaps do not.

Now, the harder thing to discern is which is which until after it's obvious... but, over time, you begin to get a pretty good feel for which is which.

Personally, today, i'm of the breakaway camp.

but time will tell.

X
Im sorry that you misunderstood me. I was refering to pivots mostly. The gap should be filled was just an introduction to my thoughts. I know what are runaway gaps and all in all i do not pay too much attention to gaps in FX. Stocks in my opinion are more sensitive to gaps and patterns. If its my first post here it does not mean that I started trading yesterday. With respect
  • #654,562
  • Jun 10, 2012 9:32pm Jun 10, 2012 9:32pm
have my short at BE. Going to let it run while I sleep.

Close below 2627 on the hourly would be nice!
  • #654,563
  • Jun 10, 2012 9:37pm Jun 10, 2012 9:37pm
Quoting KiwiTrada
bears is showing a tooth they very angry
looks eu opened in bull power zone , bear have to to do hard hard job to take it to no man land or wait for EU politician to make some comment
Mohan
  • #654,564
  • Jun 10, 2012 9:42pm Jun 10, 2012 9:42pm
Quoting mohan76
looks eu opened in bull power zone , bear have to to do hard hard job to take it to no man land or wait for EU politician to make some comment

Bear is showing her energy again.
Bull chaser.......Bulldog & Bulldozer.
  • #654,565
  • Jun 10, 2012 9:43pm Jun 10, 2012 9:43pm
Quoting mohan76
looks eu opened in bull power zone , bear have to to do hard hard job to take it to no man land or wait for EU politician to make some comment
I am agree with you. It seems same on my mind also. Waiting long entry in 15min chart if I get their higher low price or I must be active on NY session.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #654,566
  • Jun 10, 2012 9:46pm Jun 10, 2012 9:46pm
Quoting mohan76
looks eu opened in bull power zone , bear have to to do hard hard job to take it to no man land or wait for EU politician to make some comment
hahahaha no pop was bs political bull typical sunday bs too
4hr levels holding fine, aussie holiday, see what singapore has to say, then brits, is not much official fundy this week early

aussie parity looks to be holding, I think bears is sitting nice, waiting, planning, sharpen claws
If you are new to Forex? Say Goodbye to your account!!
  • #654,567
  • Jun 10, 2012 10:26pm Jun 10, 2012 10:26pm
Quoting KiwiTrada
hahahaha no pop was bs political bull typical sunday bs too
4hr levels holding fine, aussie holiday, see what singapore has to say, then brits, is not much official fundy this week early

aussie parity looks to be holding, I think bears is sitting nice, waiting, planning, sharpen claws
i think bears just got raped on the aussie. can you justify why you think sud should be bearish?
  • #654,568
  • Jun 10, 2012 10:32pm Jun 10, 2012 10:32pm
Quoting tightscalper
i think bears just got raped on the aussie. can you justify why you think sud should be bearish?
he already said in his post , 4h resistant is holding and pa below weekly/daily open so he defending it , if you don't know about kiwi, let me tell u he mostly take short position on his trade zone.
Mohan
  • #654,569
  • Jun 10, 2012 10:33pm Jun 10, 2012 10:33pm
Weekly candle looking quite bullish indeed
  • #654,570
  • Jun 10, 2012 10:45pm Jun 10, 2012 10:45pm
Quoting mohan76
he already said in his post , 4h resistant is holding and pa below weekly/daily open so he defending it , if you don't know about kiwi, let me tell u he mostly take short position on his trade zone.
fair enough, was just thinking usd is kinda linked up to a lot of oversold things. i cant see gold dropping to much further. nor the aud, a pull back on eur, was expected, maybe not a reversal, but the market is still digesting what happened over the weekend, spain should be all good atm,
  • #654,571
  • Jun 10, 2012 10:46pm Jun 10, 2012 10:46pm
Quoting almo
Weekly candle looking quite bullish indeed
Daily chart looks like we're at a resistance that can turn the bullishness back, at least temporarily.
  • #654,572
  • Jun 10, 2012 11:21pm Jun 10, 2012 11:21pm
It's not going the way it should.

Looking down.
The Thief of Wall Street
  • #654,573
  • Jun 10, 2012 11:22pm Jun 10, 2012 11:22pm
candle break 2624 short will progress
  • #654,574
  • Jun 10, 2012 11:23pm Jun 10, 2012 11:23pm
Quoting Chicky
It's not going the way it should.

Looking down.

its tuck in here maybe waiting london to give it a push either ways !!!
“Don't cry because it's over, smile because it happened.”
  • #654,575
  • Jun 10, 2012 11:27pm Jun 10, 2012 11:27pm
Quoting balanced2012
its tuck in here maybe waiting london to give it a push either ways !!!
London is normally not in a hurry to buy from Tokyo. It waits until Tokyo close and buys from frustrated traders in the last few minutes.............. but only if it wants to buy.
The Thief of Wall Street
  • #654,576
  • Jun 10, 2012 11:30pm Jun 10, 2012 11:30pm
Quoting Chicky
London is normally not in a hurry to buy from Tokyo. It waits until Tokyo close and buys from frustrated traders in the last few minutes.............. but only if it wants to buy.
its time to buy anyway if they need to rescue the euro isnt it ??
“Don't cry because it's over, smile because it happened.”
  • #654,577
  • Jun 10, 2012 11:35pm Jun 10, 2012 11:35pm
Quoting balanced2012
its time to buy anyway if they need to rescue the euro isnt it ??
do not buy or sell yet, we should see first hold OR break , but still if u want make trade so badly just use PO
  • #654,578
  • Jun 10, 2012 11:42pm Jun 10, 2012 11:42pm
Quoting balanced2012
its time to buy anyway if they need to rescue the euro isnt it ??
I think buying will come from Asians, but not at this level.
The Thief of Wall Street
  • #654,579
  • Jun 10, 2012 11:47pm Jun 10, 2012 11:47pm
Quoting tightscalper
i think bears just got raped on the aussie. can you justify why you think sud should be bearish?
nope her not rape by bull was rape by bs politics sunday, only 73 pip, swissy was rape also 107 pip,

aussie friday was tap ltl of 4hr rising chanel was not sell level, now she close to utl of chanel, with parity also as resist

Her could blow up through parity and utl of 4hr chanel,and parity, but my zones her today are 9984 - 9987 asian marker zone 9980 9985 so they tight, with 1.000 above so while her stay below asia marker then todays open then parity I am hold and try to add build short scalp position,

Could be all for nothing, but have no reason to long just under resistance

Tradesafe bro, agree about rape tho, sunday bs is getting used more and more lately, I watch her unfold oanda all weekend,

trade safe trade smart bro
If you are new to Forex? Say Goodbye to your account!!
  • #654,580
  • Jun 11, 2012 12:25am Jun 11, 2012 12:25am
closed my shorts -20 pips
Bears just got dispersed
I hate the Asian no fking balls
In trading, you have to be defensive and aggressive at the same time
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