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  • #668,861
  • Jul 17, 2012 2:40am Jul 17, 2012 2:40am
Quoting marcof91
Yes, and because when you think the price goes on your favor goes in the opposite way.
Thats why i trade with wide wide stop losses; so i never get caught by those shitty moves.
  • #668,862
  • Jul 17, 2012 2:40am Jul 17, 2012 2:40am
Quoting KiwiTrada
forcast -17.3
actual -19.6

less than expected / difference -3.3

-33.33 would have been nice:nerd:
some agencies reported expectation was - 20

http://www.bloomberg.com/news/2012-0...e-january.html
Mohan
  • #668,863
  • Jul 17, 2012 2:41am Jul 17, 2012 2:41am
looks like that thing is going to get stuck at 1.23 till 10pm...
these past 2 weeks are soooo boring...
  • #668,864
  • Jul 17, 2012 2:44am Jul 17, 2012 2:44am
Quoting marcof91
This is what i like to call assassin candles! Those who trade 5min tf must be very careful with this spikes.
hey marco, if you're trading such sort tfs why didn't you just hit a short at 2316 ie resistance? quick hit and run for 20 pips....
  • #668,865
  • Jul 17, 2012 2:44am Jul 17, 2012 2:44am
Quoting alexbs
don't know.. but i'm preparing for long... decreasing volume on M5 down bar... but still waiting..
What volume do you see - I have never seeing any true volume in Forex?
  • #668,866
  • Jul 17, 2012 2:46am Jul 17, 2012 2:46am
Quoting marcof91
This is what i like to call assassin candles! Those who trade 5min tf must be very careful with this spikes.
It looks like desperate attempts to break above 1.2315...
all failed so far....
  • #668,867
  • Jul 17, 2012 2:49am Jul 17, 2012 2:49am
Quoting jonnypants
hey marco, if you're trading such sort tfs why didn't you just hit a short at 2316 ie resistance? quick hit and run for 20 pips....
I'm short since 1.2307, already past 30 min.
Work smarter,not harder
  • #668,868
  • Jul 17, 2012 2:50am Jul 17, 2012 2:50am
Quoting Compulsive
What volume do you see - I have never seeing any true volume in Forex?
it's a tick volume.. not a true volume, but still very helpfull for me
  • #668,869
  • Jul 17, 2012 2:50am Jul 17, 2012 2:50am
Quoting mohan76
some agencies reported expectation was - 20

http://www.bloomberg.com/news/2012-0...e-january.html
yes I only have what can get, bloomy will be back onstream tomorrow afternoon

ladies looking to make their move, kiwi 80c is line in sand for bears aussie 0290 cable already posted, swissy geppy and eu, is still a coin toss,
let the bear ooops battle begin
If you are new to Forex? Say Goodbye to your account!!
  • #668,870
  • Jul 17, 2012 2:51am Jul 17, 2012 2:51am
Quoting marcof91
I'm short since 1.2307, already past 30 min.
+12 pips now.
Work smarter,not harder
  • #668,871
  • Jul 17, 2012 2:56am Jul 17, 2012 2:56am
Quoting KiwiTrada
yes I only have what can get, bloomy will be back onstream tomorrow afternoon

ladies looking to make their move, kiwi 80c is line in sand for bears aussie 0290 cable already posted, swissy geppy and eu, is still a coin toss,
let the bear ooops battle begin
are u getting terminal ? i thought about getting it , give up that idea later due to my poor reading skill
Mohan
  • #668,872
  • Jul 17, 2012 2:57am Jul 17, 2012 2:57am
please go to 1.2250!!
  • #668,873
  • Jul 17, 2012 3:00am Jul 17, 2012 3:00am
Quoting divak
please go to 1.2250!!
Do you know this song?

"Beggin, beggin you
Put your loving hand out baby
Beggin, beggin you
Put your loving hand out darling

Ridin' high, when I was king
Played it hard and fast, 'cause I had everything
Walked away, wonderin' then
But easy come and easy go
And it would end" (...)

You can sing this song to eu, maybe she listen.
Work smarter,not harder
  • #668,874
  • Jul 17, 2012 3:01am Jul 17, 2012 3:01am
Quoting tashkent
do not trade on news time, if you do, open small position without sl. if you are looking after your position, you do not need sl. better use it only for unattended trades.
nope you wrong, sl is not to protect your trade, it is to protect your account, no sl is suicide bro, in the long run no sl will kill you when you least expect it.

Market and/or brokers do not hunt your retail trade, is a 5 $trillion per day industry, retail means nothing in the bigger picture, tight sl under 1hr tf will get clipped purely with noise.

99.99% 0f stops are clipped because, they are incorrect placed, to tight, or noise.

Dont get me wrong most brokers are bastards and will clip your stop under the guise of noise, but you have to plan your trade better, be very precise with entry, and sl protection, you "might" survive.
If you are new to Forex? Say Goodbye to your account!!
  • #668,875
  • Jul 17, 2012 3:05am Jul 17, 2012 3:05am
Why is the market so tight, no moving. Is there something the market is waiting for?
"Men who can both be right and sit tight are uncommon."
  • #668,876
  • Jul 17, 2012 3:07am Jul 17, 2012 3:07am
Quoting mohan76
are u getting terminal ? i thought about getting it , give up that idea later due to my poor reading skill
Always have bro, started years ago, group of us split the cost at forex peace army and shared the feed on skype, but got sprung so found another way, cant put on public forum, but it worked ok, I havnt been connected for awhile now, this system kept crashing, tomorrow will look into it again, world will be my oyster
If you are new to Forex? Say Goodbye to your account!!
  • #668,877
  • Jul 17, 2012 3:07am Jul 17, 2012 3:07am
Quoting divak
please go to 1.2250!!
http://www.youtube.com/watch?v=4Q41t...eature=related
  • #668,878
  • Jul 17, 2012 3:12am Jul 17, 2012 3:12am
Quoting divak
please go to 1.2250!!
dont wanna
  • #668,879
  • Jul 17, 2012 3:16am Jul 17, 2012 3:16am
Quoting Mike8
Why is the market so tight, no moving. Is there something the market is waiting for?
Ok, I am not getting involved. Won't get in before the road is clear.
Not trades for me today.
"Men who can both be right and sit tight are uncommon."
  • #668,880
  • Jul 17, 2012 3:18am Jul 17, 2012 3:18am
Quoting KiwiTrada
nope you wrong, sl is not to protect your trade, it is to protect your account, no sl is suicide bro, in the long run no sl will kill you when you least expect it.

Market and/or brokers do not hunt your retail trade, is a 5 $trillion per day industry, retail means nothing in the bigger picture, tight sl under 1hr tf will get clipped purely with noise.

99.99% 0f stops are clipped because, they are incorrect placed, to tight, or noise.

Dont get me wrong most brokers are bastards and will clip your stop under the guise of noise,...
i perfectly understand what you mean. those brokers know where the sl are (we usually place them about 20 pip above or below the recent high or low). if your sl is 50 some spikes still hit it, placing it lets say in 100 pips distance does not make sense. better just watch the PA and then act accordingly, either exit or stay. i think this is more logical. but this all depends on the style of the trading, who prefer what.
As Above, So Below
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