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  • #675,321
  • Aug 4, 2012 5:26am Aug 4, 2012 5:26am
Quoting Vachus
Swing up or down Mike ?
I do not know Vachus, but Pa and sentiment can help to guide during the course.

Seems though there is not much support levels until around 2140, the previous ones have lost validation due to many violations.....
"Men who can both be right and sit tight are uncommon."
  • #675,322
  • Aug 4, 2012 5:33am Aug 4, 2012 5:33am
Quoting kenfen69
Everybody's vodka-fueled, train-wreck sums her up again!

Its simplesssss. My secret? Parity!

Which pair, wise one?

Simples: Me. ...and the melting ice cube...parity...Vodka!

Oooooops...Frankfurt got me again...Wodka!

Shamoooooooooooooooooooooooooooooooooooooooooooooooooooo!!!!!
Ken

Do you think somebody is drinking too much?
"Men who can both be right and sit tight are uncommon."
  • #675,323
  • Aug 4, 2012 5:42am Aug 4, 2012 5:42am
Quoting Mike8
Ken

Do you think somebody is drinking too much?
Of course somebody is, Mike.

Analysis 101, baby. Stop thinking so hard.
  • #675,324
  • Aug 4, 2012 5:44am Aug 4, 2012 5:44am
Quoting kenfen69
Of course somebody is, Mike.

Analysis 101, baby. Stop thinking so hard.
OK. I had the same impression. Good to know though.
"Men who can both be right and sit tight are uncommon."
  • #675,325
  • Aug 4, 2012 5:47am Aug 4, 2012 5:47am
Quoting Mike8
OK. I had the same impression. Good to know though.
He often does.

Would love to call him a "controlled" vodka-infused train-wreck, but...

He swigs it by the pint. Control tends to get fucked out the window in such quantities.
  • #675,326
  • Aug 4, 2012 6:35am Aug 4, 2012 6:35am
Hi,

off topic a bit.

i would like to know if broker can help us to close any open trades during weekend. i mistakenly open new order few hours before weekly candle end without closing the trades.. . thanks for your opinion.. i've sent an email today to my broker regarding this matter yet havent get reply.. pls enlighten me
  • #675,327
  • Aug 4, 2012 6:48am Aug 4, 2012 6:48am
Quoting rokokdaun
Hi,

off topic a bit.

i would like to know if broker can help us to close any open trades during weekend. i mistakenly open new order few hours before weekly candle end without closing the trades.. . thanks for your opinion.. i've sent an email today to my broker regarding this matter yet havent get reply.. pls enlighten me
You won't get a reply until the market opens back up later on Sunday. When the market is closed, the brokers are closed, too.
Time turns trend. - W.D. Gann
  • #675,328
  • Aug 4, 2012 6:53am Aug 4, 2012 6:53am
Quoting ForExtraPips
You won't get a reply until the market opens back up later on Sunday. When the market is closed, the brokers are closed, too.
urm.. too bad for me.. no wonder their live support offline too.. btw, thanks bro.
  • #675,329
  • Aug 4, 2012 7:12am Aug 4, 2012 7:12am
Quoting rokokdaun
Hi,

off topic a bit.

i would like to know if broker can help us to close any open trades during weekend. i mistakenly open new order few hours before weekly candle end without closing the trades.. . thanks for your opinion.. i've sent an email today to my broker regarding this matter yet havent get reply.. pls enlighten me
Fellow comrade , your open position on which pair and Long or Short ?
"It's the Margin, Stupid."
  • #675,330
  • Aug 4, 2012 7:39am Aug 4, 2012 7:39am
Quoting Vachus
Fellow comrade , your open position on which pair and Long or Short ?
Even the one broker that used to be open over the weekend (Oanda) has closed weekend operations a few weeks ago.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,331
  • Edited 8:26am Aug 4, 2012 8:11am | Edited 8:26am
Quoting KillerWhale
Even the one broker that used to be open over the weekend (Oanda) has closed weekend operations a few weeks ago.
i know killer , but curiosity caught me to ask him what was his position and what made him open this trade ...
"It's the Margin, Stupid."
  • #675,332
  • Aug 4, 2012 8:31am Aug 4, 2012 8:31am
Quoting Vachus
Fellow comrade , your open position on which pair and Long or Short ?
Hi Vachus .. i have open position for EU @ 1.2386, 1.2377, 1.2380, 1.2383 .. all short, with SL @ 1.2399 ...

was planning for quick scalp 3 hours before weekly close, unfortunately i was mistakenly see the clock which is 1 hour earlier in local time and i can't stop when coming back to quit all trades market already close.. urgh..
  • #675,333
  • Aug 4, 2012 8:52am Aug 4, 2012 8:52am
Quoting rokokdaun
Hi Vachus .. i have open position for EU @ 1.2386, 1.2377, 1.2380, 1.2383 .. all short, with SL @ 1.2399 ...

was planning for quick scalp 3 hours before weekly close, unfortunately i was mistakenly see the clock which is 1 hour earlier in local time and i can't stop when coming back to quit all trades market already close.. urgh..
I'm sorry, your sl is not good, should be above 1.2405 + spread, at least 1.2415.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,334
  • Aug 4, 2012 9:02am Aug 4, 2012 9:02am
Quoting KillerWhale
I'm sorry, your sl is not good, should be above 1.2405 + spread, at least 1.2415.
I disagree with a SL at 1.24150 - if the price reach there , it won't come back
... of course maybe it will , not you can't be sure that the retrace will happen overthere. Good you have a tight stop loses , but to gurantee a small lose on a bad gamble and a mistake , instead of risking too much and close the trade later on with even higher loses. per in mind that you have a 4 times risk reward and the currency market is not the one to be played like that - espcially because we are blind and can't see what is really going to happen.
"It's the Margin, Stupid."
  • #675,335
  • Edited 9:44am Aug 4, 2012 9:11am | Edited 9:44am
Quoting Vachus
I disagree with a SL at 1.24150 - if the price reach there , it won't come back
... of course maybe it will , not you can't be sure that the retrace will happen overthere. Good you have a tight stop loses , but to gurantee a small lose on a bad gamble and a mistake , instead of risking too much and close the trade later on with even higher loses. per in mind that you have a 4 times risk reward and the currency market is not the one to be played like that - espcially because we are blind and can't see what is really going to happen.
open positions right at the friday close isn't the way to go regardless whatever the sl is used.
  • #675,336
  • Aug 4, 2012 9:33am Aug 4, 2012 9:33am
Quoting KillerWhale
I'm sorry, your sl is not good, should be above 1.2405 + spread, at least 1.2415.
tight stoploss r of no use on weelends, if the price opens beyond his stoploss
his trade will be closed at the opening price on sunday & not the stoploss price
A good trader follows his rules, but great trader knows when to break them
  • #675,337
  • Aug 4, 2012 9:50am Aug 4, 2012 9:50am
More then 72% of players in FxPro is SHORT for the weekend.

Huge crash in monday?

http://www.fxpro.com/trading/accounts/trader-dashboard
  • #675,338
  • Aug 4, 2012 10:06am Aug 4, 2012 10:06am
Or huge fail for the shorts.

Who will know that..
How to opt out annoying user signatures ??
  • #675,339
  • Aug 4, 2012 10:17am Aug 4, 2012 10:17am
Quoting Wazka
More then 72% of players in FxPro is SHORT for the weekend.

Huge crash in monday?

http://www.fxpro.com/trading/accounts/trader-dashboard

Those be "retail" traders, and their total positions in the forex market are below the radar... for the sake of "moving the market"

But.... the odds are, a group of retail traders leaning in one direction are most often wrong.

Full disclosure... I am long EU.
  • #675,340
  • Aug 4, 2012 10:19am Aug 4, 2012 10:19am
Quoting Wazka
More then 72% of players in FxPro is SHORT for the weekend.

Huge crash in monday?

http://www.fxpro.com/trading/accounts/trader-dashboard
It doesn't matter what the positions are, only new trades make the markets move
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