DislikedLondon/NY opening on Friday,
Anybody seeing a large retracement due on the EU?Ignored
You mean like a hallucination?
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DislikedLondon/NY opening on Friday,
Anybody seeing a large retracement due on the EU?Ignored
DislikedWe usually (won't say always) have bizarre moves at NY open on Friday.
+ we are very low. Anybody can see that if you look back at larget time frames.Ignored
DislikedMight depend on the number of bears that showed up for dinner in the last 3 hours.Ignored
DislikedIf you want a safe "set and forget" way to add a couple of $100 per week to your trading result, there is a very easy way to do that..
Since the Eur/Chf is stabilized just above @1.20, just put in a pending buy of a few standard lots @ 1.2008 with a target of 1.2014.
I do it with 2.5 standard lots and every time it hits it is $150.
With virtually NO RISKIgnored
DislikedIf you want a safe "set and forget" way to add a couple of $100 per week to your trading result, there is a very easy way to do that..
Since the Eur/Chf is stabilized just above @1.20, just put in a pending buy of a few standard lots @ 1.2008 with a target of 1.2014.
I do it with 2.5 standard lots and every time it hits it is $150.
With virtually NO RISKIgnored
DislikedJohn Gray, that was posted by Killer a few days ago... so, I assume you have tried this, found it works and are just now thanking Killer.
If you have tried it, maybe you can answer a question I've had about that for some time: FXCM is one of the feeds I trade from, and their price feed indicates that what you describe would actually work. But, those little spikes at the end of nearly every day don't exist with Oanda or Interactive.
I do not have an account with FXCM. May I know which broker you have tried this with?Ignored
DislikedAre you referring to the large movements over the weekend that platforms don't pick up as the market is closed? I use MT4 and FXCM Trading Station
Also, why wouldn't some platforms not pick up on spikes??Ignored
DislikedPrice just retraced to 3rd tread (@75) to complete 4th tread of stairway... ready to make 5th tread?Ignored
DislikedThe actual price levels in EUR/CHF are a little weird and vary from one broker to another because of the constant SNB intervention. But, I looked at it more from a TANSTAFL point of view: FXCM is showing a spike on my feed from Televent for Monday that goes from 1.1994 to 1.2010 in a couple minutes.
That's just too good to be true! If it weren't, you could risk a few lots for 5 minutes and pick up cool thousand! There must be a catch (spread blowout, insane slippage, etc).
I never bothered to look into it - seemed too good to be true. - thought...Ignored