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Trading EURUSD only

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  • Post #18,601
  • Quote
  • Nov 27, 2012 1:43pm Nov 27, 2012 1:43pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting Rag2RichesFX
Disliked
do or die time
Ignored
close BE, taking too long for me, and sitting right on m5 bollinger band for 30 minutes now..

could expand lower instead of popping higher like i'd hope (trade was not based off of bollinger band)
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18,602
  • Quote
  • Nov 27, 2012 1:44pm Nov 27, 2012 1:44pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting Rag2RichesFX
Disliked
close BE, taking too long for me, and sitting right on m5 bollinger band for 30 minutes now..

could expand lower instead of popping higher like i'd hope (trade was not based off of bollinger band)
Ignored
right after i close it goes up, every time, ha!
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18,603
  • Quote
  • Nov 27, 2012 1:47pm Nov 27, 2012 1:47pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
long 31 trying again

a blessing got a retrace after spike like that
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18,604
  • Quote
  • Nov 27, 2012 1:49pm Nov 27, 2012 1:49pm
  •  aerotrade
  • | Joined Sep 2010 | Status: only dead fish swim with the stream | 486 Posts
Quoting stevewalker
Disliked
that TL 2915 should have been broken before moving down to < 2900
it has rejected ~30 pips
quite strong
Ignored
Market makers pushing the Mkt to last volume spike level (the spike to spike phenomena i already mentioned some time ago, that is a consequence of the inter-mediation role of market makers (buyers/sellers both side assymetric exposure) )
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Sic Transit Gloria Mundi ~ Thus passes the glory of the world
 
 
  • Post #18,605
  • Quote
  • Nov 27, 2012 1:50pm Nov 27, 2012 1:50pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting aerotrade
Disliked
Market makers pushing the Mkt to last volume spike level (the spike to spike phenomena i already mentioned some time ago, that is a consequence of the inter-mediation role of market makers (buyers/sellers both side assymetric exposure) )
Ignored
yes they cant help themselves, when market surge and not trend, it almost has to retest the breakout point!
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18,606
  • Quote
  • Nov 27, 2012 1:55pm Nov 27, 2012 1:55pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
volume spike zone is where pendings are waiting or were waiting
means strong levels
so it is very logic that moving & testing those zones again.
logic
Quoting aerotrade
Disliked
Market makers pushing the Mkt to last volume spike level (the spike to spike phenomena i already mentioned some time ago, that is a consequence of the inter-mediation role of market makers (buyers/sellers both side assymetric exposure) )
Ignored
 
 
  • Post #18,607
  • Quote
  • Nov 27, 2012 1:58pm Nov 27, 2012 1:58pm
  •  4xPIPAHOLIC
  • Joined Aug 2009 | Status: Member | 2,576 Posts
Hello everyone! Hope you are busy collecting pips!
 
 
  • Post #18,608
  • Quote
  • Nov 27, 2012 1:58pm Nov 27, 2012 1:58pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
the volume is not spiking when price reach there
volume already waiting there. we just can not see order book.
when price test pendings triggered & volume spikes.
also retails jump in when see the move
this multiplies the volume there

Quoting stevewalker
Disliked
volume spike zone is where pendings are waiting or were waiting
means strong levels
so it is very logic that moving & testing those zones again.
logic
Ignored
 
 
  • Post #18,609
  • Quote
  • Nov 27, 2012 1:59pm Nov 27, 2012 1:59pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting Rag2RichesFX
Disliked
long 31 trying again

a blessing got a retrace after spike like that
Ignored
closed 34.1, +2

total = +44 (2.2%)


not going to mess with m5 hidden divergence

market too dead for my liking, maybe some more crazyness around end of day

see you later


edit: also poss h1 hidden bearish divergence, careful, maybe one more push to 2840 then sell down to base
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18,610
  • Quote
  • Nov 27, 2012 2:00pm Nov 27, 2012 2:00pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
GM
I had just stardted
buy as far as I see pips are collected

Quoting 4xPIPAHOLIC
Disliked
Hello everyone! Hope you are busy collecting pips!
Ignored
 
 
  • Post #18,611
  • Quote
  • Nov 27, 2012 2:00pm Nov 27, 2012 2:00pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
see you
Quoting Rag2RichesFX
Disliked
closed 34.1, +2

total = +44 (2.2%)


not going to mess with m5 hidden divergence

market too dead for my liking, maybe some more crazyness around end of day

see you later
Ignored
 
 
  • Post #18,612
  • Quote
  • Nov 27, 2012 2:03pm Nov 27, 2012 2:03pm
  •  Etupa
  • | Joined Nov 2012 | Status: Member | 36 Posts
Giant candle's shadow looks like tight SL killer many times
 
 
  • Post #18,613
  • Quote
  • Nov 27, 2012 2:05pm Nov 27, 2012 2:05pm
  •  4xPIPAHOLIC
  • Joined Aug 2009 | Status: Member | 2,576 Posts
Quoting stevewalker
Disliked
GM
I had just stardted
buy as far as I see pips are collected
Ignored
Buddy....you should be called the "PIP COLLECTOR".....
 
 
  • Post #18,614
  • Quote
  • Nov 27, 2012 2:08pm Nov 27, 2012 2:08pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
Black Friday
still recovering.
lesson learned

Quoting 4xPIPAHOLIC
Disliked
Buddy....you should be called the "PIP COLLECTOR".....
Ignored
 
 
  • Post #18,615
  • Quote
  • Nov 27, 2012 2:08pm Nov 27, 2012 2:08pm
  •  4xPIPAHOLIC
  • Joined Aug 2009 | Status: Member | 2,576 Posts
Looks like finally it has decided to turn short.....

Now it is on the fence.....it needs to one dive.....
 
 
  • Post #18,616
  • Quote
  • Nov 27, 2012 2:09pm Nov 27, 2012 2:09pm
  •  4xPIPAHOLIC
  • Joined Aug 2009 | Status: Member | 2,576 Posts
Quoting stevewalker
Disliked
Black Friday
still recovering.
lesson learned
Ignored
What I have realized about forex.....it does not matter how experienced one can be.....forex will always teach us a "new" lesson....
 
 
  • Post #18,617
  • Quote
  • Nov 27, 2012 2:09pm Nov 27, 2012 2:09pm
  •  Farrusco
  • | Joined Oct 2012 | Status: Member | 1,189 Posts
Quoting 4xPIPAHOLIC
Disliked
Looks like finally it has decided to turn short.....

Now it is on the fence.....it needs to one dive.....
Ignored
I don't know why but when market is bearish I win a lot of pips xD.

I'm I a Bear ??
 
 
  • Post #18,618
  • Quote
  • Nov 27, 2012 2:11pm Nov 27, 2012 2:11pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
agreed.
combinations infinity

Quoting 4xPIPAHOLIC
Disliked
What I have realized about forex.....it does not matter how experienced one can be.....forex will always teach us a "new" lesson....
Ignored
 
 
  • Post #18,619
  • Quote
  • Nov 27, 2012 2:11pm Nov 27, 2012 2:11pm
  •  4xPIPAHOLIC
  • Joined Aug 2009 | Status: Member | 2,576 Posts
Quoting Farrusco
Disliked
I don't know why but when market is bearish I win a lot of pips xD.

I'm I a Bear ??
Ignored

Haha.....as long a you know that ...that is what matters my friend....
 
 
  • Post #18,620
  • Quote
  • Nov 27, 2012 2:12pm Nov 27, 2012 2:12pm
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
MKT moves down faster then moves up.
it makes you more pips in a same period of time.
gravity effect

Quoting Farrusco
Disliked
I don't know why but when market is bearish I win a lot of pips xD.

I'm I a Bear ??
Ignored
 
 
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