DislikedI did analyze actual situation.
for me to say exither way, I should see signs of it.
eg... now watching 3024Ignored
if it goes to 1.3050-1.3075 and stay there it should ring alarms for those who are short.
- #3,545
- Oct 21, 2012 4:52pm Oct 21, 2012 4:52pm
- Joined Dec 2010 | Status: Trader | 18,740 Posts
that was the game played on friday.
it also rocketed up to 306x level filled the orderbook then moved down. but nothing was able to move it fast down.
it all stuck with every possible support.
I was awera of that & posted on friday. if it goes down it will be mess. there are many supports to hold.
it also rocketed up to 306x level filled the orderbook then moved down. but nothing was able to move it fast down.
it all stuck with every possible support.
I was awera of that & posted on friday. if it goes down it will be mess. there are many supports to hold.
15 M
it is trying to find a proper bottom as metioned earlier.
first failed with 2, 3 rd failed.
now we have 2 again it either will make 3 rd here & it will hold or find a support lower level
strating from 1st.
or this double bottom will work
lest see
- #3,546
- Oct 21, 2012 4:57pm Oct 21, 2012 4:57pm
- Joined Aug 2009 | Status: Trader | 2,576 Posts
Hello All!!! We are live....
- #3,547
- Oct 21, 2012 4:57pm Oct 21, 2012 4:57pm
- Joined Dec 2010 | Status: Trader | 18,740 Posts
999 left
good day
good day
Hello All!!! We are live....
- #3,548
- Oct 21, 2012 4:59pm Oct 21, 2012 4:59pm
- Joined Oct 2012 | Status: private | 2,606 Posts
just do it
- #3,549
- Oct 21, 2012 5:00pm Oct 21, 2012 5:00pm
- Joined Dec 2010 | Status: Trader | 18,740 Posts
tell you something.
if it can not make fast strong move & break either way there will be many back & forth.
we will be looking for last week move.
if it can not make fast strong move & break either way there will be many back & forth.
we will be looking for last week move.
- #3,550
- Oct 21, 2012 5:04pm Oct 21, 2012 5:04pm
- Joined Aug 2009 | Status: Trader | 2,576 Posts
999 left
good day
ok still have 24hours....ahahhaaa.....998....Let's see how it will swing...
- #3,552
- Oct 21, 2012 5:14pm Oct 21, 2012 5:14pm
- Joined Dec 2010 | Status: Trader | 18,740 Posts
what your MA s saying?
about overall situation.
about overall situation.
Let's see how it will swing...
- #3,557
- Oct 21, 2012 5:36pm Oct 21, 2012 5:36pm
- Joined Aug 2009 | Status: Trader | 2,576 Posts
The real action will be later on so it does not really matter to me where it will go now...
- #3,558
- Oct 21, 2012 5:37pm Oct 21, 2012 5:37pm
- Joined Dec 2010 | Status: Trader | 18,740 Posts
when trading with pending orders you should spray 2 or 3 trades with small gaps to guarantee your entry & not damn for 1 pip miss.
but.......
the problem is
when MKT is your direction you probably will miss some of them so your entry will be lets say with %50 planned risk.
no problem. profit is profit.
on the other hand when MKT is against you it will trigger your all pending orders & then will stop out.
so in that situaiton your loss will be %100 risk planned.
roughly
win %50
loss %100
better to wait & trade with MKT order manually
but.......
the problem is
when MKT is your direction you probably will miss some of them so your entry will be lets say with %50 planned risk.
no problem. profit is profit.
on the other hand when MKT is against you it will trigger your all pending orders & then will stop out.
so in that situaiton your loss will be %100 risk planned.
roughly
win %50
loss %100
better to wait & trade with MKT order manually
it always does.
not the first
not the last.
- #3,560
- Oct 21, 2012 5:44pm Oct 21, 2012 5:44pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
