Sorry I don't think 1.32 tonight.....but end of week or next week is possible.
But people have been saying there will be a retrace before London all day......no retrace has happened, and it may not.
London may very well be a Bull too.
We'll all know in about 2 hours.
- #707,622
- Oct 16, 2012 1:35am Oct 16, 2012 1:35am
- Joined Jan 2005 | Status: ~ Noblesse Oblige ~ | 1,663 Posts
Sorry I don't think 1.32 tonight.....but end of week or next week is possible.
But people have been saying there will be a retrace before London all day......no retrace has happened, and it may not.
London may very well be a Bull too.
We'll all know in about 2 hours.
Then when no one buys.. people tend to close longs.. and elusively open shorts.. which causes it to go down.. the more down it go's the more longs are closed the more shorts are open..
all speculation of course
There are those who know, and there are those who don't know.
Order Boards..Emphasized nothing on any spectacular offers noted..for any moves higher but instead..more buy/offers on the lower levels.. Something to keep in mind if no one is buying no up up.
Then when no one buys.. people tend to close longs.. and elusively open shorts.. which causes it to go down.. the more down it go's the more longs are closed the more shorts are open..
all speculation of course
But we all know if reading Order Boards was all there was to trading Forex wouldn't work as we know it.
- #707,624
- Oct 16, 2012 1:37am Oct 16, 2012 1:37am
- Joined Jan 2005 | Status: ~ Noblesse Oblige ~ | 1,663 Posts
I understand the mechanics and the psychology.
But we all know if reading Order Boards was all there was to trading Forex wouldn't work as we know it.
There are those who know, and there are those who don't know.
- #707,625
- Oct 16, 2012 1:37am Oct 16, 2012 1:37am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #707,627
- Oct 16, 2012 1:38am Oct 16, 2012 1:38am
- Joined Jan 2005 | Status: ~ Noblesse Oblige ~ | 1,663 Posts
There are those who know, and there are those who don't know.
- #707,628
- Oct 16, 2012 1:39am Oct 16, 2012 1:39am
- Joined Jan 2005 | Status: ~ Noblesse Oblige ~ | 1,663 Posts
So you're short right this minute? Or...are we both just speculating with our pipes in our mouths?
There are those who know, and there are those who don't know.
- #707,631
- Oct 16, 2012 1:42am Oct 16, 2012 1:42am
- Joined Jan 2005 | Status: ~ Noblesse Oblige ~ | 1,663 Posts
haha, fair enough.
I'm flat right now so just speculating. I figure being up 50 pips prior to London there's no real reason for me to get back in yet.
What are the stats of your current Short?
There are those who know, and there are those who don't know.
- #707,632
- Oct 16, 2012 1:47am Oct 16, 2012 1:47am
- | Membership Revoked | Joined Aug 2011 | 1,123 Posts
- #707,633
- Oct 16, 2012 1:53am Oct 16, 2012 1:53am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Been doing this for so long.. Don't think -- At this point -- I could ever stop. Its worst then drug addiction lol.
.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #707,637
- Oct 16, 2012 2:10am Oct 16, 2012 2:10am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
i have high of 1.3000 , it would nice if i had 1 more pip , print of 1.30 show defense not strong as it was before , launch pad getting ready it might pull back little
Mohan
- #707,638
- Oct 16, 2012 2:13am Oct 16, 2012 2:13am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
i have high of 1.3000 , it would nice if i had 1 more pip , print of 1.30 show defense not strong as it was before , launch pad getting ready it might pull back little
COT: The precious data ignored
