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  • #733,481
  • Dec 16, 2012 4:21pm Dec 16, 2012 4:21pm
Quoting Willow
at least 8 am, if not 9.
At least use the tools the people at FF have set up for you.
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  • #733,482
  • Dec 16, 2012 4:21pm Dec 16, 2012 4:21pm
Quoting fxnav
Holy cow, do yourself a favour and go to your local Walmart/asda/carrefour or whatever you have around the corner of your house or in your local mall and buy yourself a couple of clock, label them with London/NY/TY and hang them on the wall in front of you.

BTW it is 0718 in TY right now.........
so funny how people disregard the most important things.. and then they come back here crying why they're losing their shirts.
  • #733,483
  • Dec 16, 2012 4:21pm Dec 16, 2012 4:21pm
Quoting divak
which market did just open now?

When you say market, what do you imply? Market is something we use in all kind of different meanings. Elaborate please a bit here, what are you trying to find an answer to?
The great majority are rarely capable of thinking independently.
  • #733,484
  • Dec 16, 2012 4:22pm Dec 16, 2012 4:22pm
Quoting fxnav
Wonderful we have another guess. So Sydney, OK, fine. What exact exhange opened in Sydney then just now.
nada. we're actually trading new Zeeland atm
  • #733,485
  • Dec 16, 2012 4:23pm Dec 16, 2012 4:23pm
Quoting jaylovin
And despite all this the euro still rises. Greek problems never disappeared at 1.18 yet it climbed to 1.4940... Markets aren't logical to say the least
normal move... 1.2 is the mid area 1.6/.8
those who can, do. those who cant, talk about those who can
  • #733,486
  • Dec 16, 2012 4:23pm Dec 16, 2012 4:23pm
Players don't like see gaps in retail platforms.
  • #733,487
  • Dec 16, 2012 4:23pm Dec 16, 2012 4:23pm
Quoting Willow
Tokyo, maybe. They helped the euro, lately...
No way, they still have breakfast
New voice message: Why are you calling me? If I need you, I'll call you!
  • #733,488
  • Dec 16, 2012 4:24pm Dec 16, 2012 4:24pm
Quoting attila
nada. we're actually trading new Zeeland atm
U r right... Kiwiland 1st to open
Patience, Emotion Control and Discipline.
  • #733,489
  • Dec 16, 2012 4:25pm Dec 16, 2012 4:25pm
Quoting attila
so funny how people disregard the most important things.. and then they come back here crying why they're losing their shirts.

A clock or watch is often the most overlooked tool here in this thread. It is something that each and every trader in the world can agree to, not support or resistance levels, there is a certain level of ambiguity to those, but a clock is set in stone, literally 10's of thousands of participants in trading use the exact same clock and keep doing the exact same thing at the exact same time of each exact same day of each week, month and year.

I would have reckoned that at least the time of day and what happens where would be set in stone here, that surely is one of the absolute basics for each and every trader.
The great majority are rarely capable of thinking independently.
  • #733,490
  • Dec 16, 2012 4:25pm Dec 16, 2012 4:25pm
Quoting johncen
U r right... Kiwiland 1st to open
next is Sydney, Tokyo, shanghai and so on..
  • #733,491
  • Dec 16, 2012 4:25pm Dec 16, 2012 4:25pm
Obviously it's a little early to be sure. But, looking on my weekly chart it almost looks like we're in the process of making the right shoulder from Dec 2004... Any thoughts?


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  • #733,492
  • Dec 16, 2012 4:25pm Dec 16, 2012 4:25pm
Quoting johncen
U r right... Kiwiland 1st to open

They opened a few hours ago, as a matter of fact, they are getting ready to go out for lunch here shortly.
The great majority are rarely capable of thinking independently.
  • #733,493
  • Dec 16, 2012 4:27pm Dec 16, 2012 4:27pm
Quoting fxnav
A clock or watch is often the most overlooked tool here in this thread. It is something that each and every trader in the world can agree to, not support or resistance levels, there is a certain level of ambiguity to those, but a clock is set in stone, literally 10's of thousands of participants in trading use the exact same clock and keep doing the exact same thing at the exact same time of each exact same day of each week, month and year.

I would have reckoned that at least the time of day and what happens where would be set in stone here, that...
many many times, I trade only by the clock and disregard everything else..
  • #733,494
  • Dec 16, 2012 4:27pm Dec 16, 2012 4:27pm
Quoting attila
many many times, I trade only by the clock and disregard everything else..

A clock is an amazing indicator that every trader should become very familiar with before adding any other indicator to his or her charts.
The great majority are rarely capable of thinking independently.
  • #733,495
  • Dec 16, 2012 4:31pm Dec 16, 2012 4:31pm
Quoting fxnav
A clock is an amazing indicator that every trader should become very familiar with before adding any other indicator to his or her charts.
many get confused in the fx market hours.. I really don't care about those.. It's the stock exchanges hours that matter.
  • #733,496
  • Dec 16, 2012 4:34pm Dec 16, 2012 4:34pm
Quoting gatorinla
the main thing for me is the touch. i assumed happened of 3188 and usdx 79.48 mainly.
looks like i may be able to see it. the euro close on weeks end +- 88 is usually future indi if crossed. so far after 5est open it holds, to the pip.
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those who can, do. those who cant, talk about those who can
  • #733,497
  • Dec 16, 2012 4:34pm Dec 16, 2012 4:34pm
that being said, if this continues up in it's meaningless way, 1.3215 is what I'll be paying attention to. I really hope it's not setting up that range I talked about earlier..
  • #733,498
  • Dec 16, 2012 4:35pm Dec 16, 2012 4:35pm
Quoting attila
many get confused in the fx market hours.. I really don't care about those.. It's the stock exchanges hours that matter.

Spot on, there is no such thing as FX hours as it is an off exchange traded instrument so the only thing we traders can go by is the change of moneyflow that occurs during opening and closing of certain equity/FI/metal and other exchanges, their overlap and their daily SCHEDULED fixes that each exchange all over the world has.

The FX "market" is one of those ambiguous entities that does not exist but that has limits put on it by trader's beliefs, none of it based on hard facts but rather on rumours and old wives' tales screamed from rooftops by the uniformed and misinformed.

A good dozen of us have been posting prices all evening, but still dozens showed up and went on about a GAP, how come we didn't have one, they don't question that, they believe what they see. Trading what you see without questioning it or properly researching it is a very dangerous thing to do.
The great majority are rarely capable of thinking independently.
  • #733,499
  • Dec 16, 2012 4:39pm Dec 16, 2012 4:39pm
One thing very important of market hours change is gap time.
Dr. Sivaraman explain very well how that works.
  • #733,500
  • Dec 16, 2012 4:39pm Dec 16, 2012 4:39pm
Quoting fxnav
The FX "market" is one of those ambiguous entities that does not exist but that has limits put on it by trader's beliefs, none of it based on hard facts but rather on rumours and old wives' tales screamed from rooftops by the uniformed and misinformed..
hey we r a very imporytant contingent.
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