I'm waiting for a bounce off 1.6165 in the week before a long
iscipline & patience Trader
Cable Update (GBPUSD)
- #324,822
- Sep 23, 2012 9:02am Sep 23, 2012 9:02am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
gap down on EU and GU and AUD ?
probably
probably
- #324,823
- Sep 23, 2012 9:38am Sep 23, 2012 9:38am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
gap down on EU and GU and AUD ?
why would u say this...?
im short still but wondering if it will gap up or down
- #324,824
- Sep 23, 2012 11:25am Sep 23, 2012 11:25am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
why would u say this...?
im short still but wondering if it will gap up or down
it's like on the news channel when they talk to correspondents on the field ''going back to Greece,Troika,you're on air''
when Greece will be solved by the pen we will shift attention to Spain again..and the again to greeks and then spaniards....it's like one downtrend line and one uptrend line to fence those two and market is bouncing up to Greece down to Spain till one day when the range will be that narrow it will blow one way...and I only see a downway.....1.20 on EU here we come.
Spain sucks for now and it will be worst Friday after the stresstest...trust me I live here.They started to steal on all fields,no matter if it is healthcare or education or you name it.they are desperate,they kick out all foreigners by their actions meaning soon there will be less taxes paid and many more consequences.....but this only means they are reaaaaalllyyy in debt.they even refuse phone contracts....
so gap down probably after those news
- #324,826
- Sep 23, 2012 12:01pm Sep 23, 2012 12:01pm
- | Commercial User | Joined Feb 2010 | 2,739 Posts
- #324,827
- Sep 23, 2012 12:12pm Sep 23, 2012 12:12pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
greeks blew it again.they need some 20 bln more,oct is comming in 1 week and the problem is not solved....
it's like on the news channel when they talk to correspondents on the field ''going back to Greece,Troika,you're on air''
when Greece will be solved by the pen we will shift attention to Spain again..and the again to greeks and then spaniards....it's like one downtrend line and one uptrend line to fence those two and market is bouncing up to Greece down to Spain till one day when the range will be that narrow it will blow one way...and...
cable best go down further..it got a reaction of the 1.63...quite a good reaction too..
- #324,828
- Sep 23, 2012 1:03pm Sep 23, 2012 1:03pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #324,829
- Sep 23, 2012 2:18pm Sep 23, 2012 2:18pm
- | Commercial User | Joined Feb 2010 | 2,739 Posts
gap down on EU and GU and AUD ?
and gap it is as per 20 pips each pair EU and GU less AUD
''it's a small gap for forex but a big leap for scalpers''
- #324,830
- Sep 23, 2012 2:19pm Sep 23, 2012 2:19pm
- | Commercial User | Joined Feb 2010 | 2,739 Posts
Different people think of it as different things, to me it's how the price is reacting live, ie moving back slowly then jumping back up but I'm a scalper, to most it's reading candle stick patterns on a 4H chart hint don't do that.
this is one point of view.
I keep hearing that people watch PA but I don't know where to look for it.
- #324,831
- Sep 23, 2012 2:49pm Sep 23, 2012 2:49pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
this is one point of view.
I keep hearing that people watch PA but I don't know where to look for it.
Ghost Rider - WWTBMD?
- #324,833
- Edited 3:40pm Sep 23, 2012 3:28pm | Edited 3:40pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
what exactly is price action ?
All systems of divination, like music itself,work through patterns.
- #324,836
- Sep 23, 2012 4:22pm Sep 23, 2012 4:22pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
gap 
gap was (is) something helpful in stock markets:
gap-up = price up
gap-down = price down
no "filling the gap" strategies in stock market.
stock market, by name, is not forex market.
and in forex market there are not gaps.
if you see a gap in a chart, try to reload the page, maybe it will disappear
I'm still wondering what happened to those waiting "the gap in EU in 1.30 area to be filled" with a 900pips move down
gap was (is) something helpful in stock markets:
gap-up = price up
gap-down = price down
no "filling the gap" strategies in stock market.
stock market, by name, is not forex market.
and in forex market there are not gaps.
if you see a gap in a chart, try to reload the page, maybe it will disappear
I'm still wondering what happened to those waiting "the gap in EU in 1.30 area to be filled" with a 900pips move down
90% of traders use TA, indicators and prediction
- #324,837
- Sep 23, 2012 4:24pm Sep 23, 2012 4:24pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #324,838
- Sep 23, 2012 4:24pm Sep 23, 2012 4:24pm
Hi guys, just made my day with the long positions I took friday (here is my post from friday http://www.forexfactory.com/showthre...22#post6034722)
Too bad nobody replied to my trade suggestion
Here are the exits screenshots from 5 minutes in attached pic
Too bad nobody replied to my trade suggestion
Here are the exits screenshots from 5 minutes in attached pic
