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  • #733,501
  • Dec 16, 2012 4:40pm Dec 16, 2012 4:40pm
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.
Don't trade on days that ends with a "y" because 98% of the traders blahblahblah!

Considering how many I've seen here that believe in the Mayan doomsday BS and other conspiracies that make absolutely no sense, I'm not surprised so many get their nose out of joint.
Not all sins are created equal
  • #733,502
  • Dec 16, 2012 4:41pm Dec 16, 2012 4:41pm
Quoting attila
next is Sydney, Tokyo, shanghai and so on..
yes another week of tradin begins
Patience, Emotion Control and Discipline.
  • #733,503
  • Dec 16, 2012 4:41pm Dec 16, 2012 4:41pm
The pissy ones are funny.. Sydney and Frankie.. how they're always trying to ride on the back of Tokyo and London.. Of course NY is the pissiest of them all, but at least they don't seem to have an agenda.

Quoting fxnav
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...
  • #733,504
  • Dec 16, 2012 4:41pm Dec 16, 2012 4:41pm
Quoting notoriouskfb
hey we r a very imporytant contingent.
Wrong.

We are POTENTIALLY a very important contingent providing that we all push in the same direction at the same time.
Not all sins are created equal
  • #733,505
  • Dec 16, 2012 4:42pm Dec 16, 2012 4:42pm
Quoting fxnav
They opened a few hours ago, as a matter of fact, they are getting ready to go out for lunch here shortly.
Yes almost noon here
Patience, Emotion Control and Discipline.
  • #733,506
  • Dec 16, 2012 4:44pm Dec 16, 2012 4:44pm
Cant say anything, bulls or bears, will wait until mad cow cools down
  • #733,507
  • Dec 16, 2012 4:49pm Dec 16, 2012 4:49pm
Quoting gatorinla
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.
eu
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those who can, do. those who cant, talk about those who can
  • #733,508
  • Dec 16, 2012 4:50pm Dec 16, 2012 4:50pm
green day .
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  • #733,509
  • Dec 16, 2012 4:51pm Dec 16, 2012 4:51pm
Quoting Jay Walker
Wrong.

We are POTENTIALLY a very important contingent providing that we all push in the same direction at the same time.

And that will never happen. Just look at this thread we rarely agree on a direction, let alone on an entry and TP to use our mass to our advantage.

We as retailers, and I am one now too, account for 2-3% of volume, if only we would get together after the Franky fake and once the overnight London orders have been put through and trade the first break of the day and stick to our convictions, we could move this "market" 40-60 pips each and every day.
The great majority are rarely capable of thinking independently.
  • #733,510
  • Dec 16, 2012 4:52pm Dec 16, 2012 4:52pm
I have a stupid question, I trade the Eur,Usd on the CME. It does not open for another 10 minutes. The last trade was at 3.168. Right now on the forex it is about 12 ticks above. On the futures market it can not pass your bid, so if I put in a bid at 3.169, does that not guarantee that it will jump up to the current price once the CME opens. If there is anyone that has experience with this, please give me some more information.
  • #733,511
  • Dec 16, 2012 4:52pm Dec 16, 2012 4:52pm
That time of the year.. fuck it.. I hate holidays.. Don't forget to shop here..

http://www.uglysweaterstore.com/
  • #733,512
  • Dec 16, 2012 4:54pm Dec 16, 2012 4:54pm
Quoting gatorinla
ej on a weekly tl atm, sl just above
Nice short entry...a longer term position?
gl
  • #733,513
  • Dec 16, 2012 4:54pm Dec 16, 2012 4:54pm
Quoting attila
The pissy ones are funny.. Sydney and Frankie.. how they're always trying to ride on the back of Tokyo and London.. Of course NY is the pissiest of them all, but at least they don't seem to have an agenda.

The pissy ones are brilliant, they are the easy contrarian setups during a heavy trending day, easy money.
The great majority are rarely capable of thinking independently.
  • #733,514
  • Dec 16, 2012 4:55pm Dec 16, 2012 4:55pm
Quoting fxnav
And that will never happen. Just look at this thread we rarely agree on a direction, let alone on an entry and TP to use our mass to our advantage.
Precisely.
Not all sins are created equal
  • #733,515
  • Dec 16, 2012 4:56pm Dec 16, 2012 4:56pm
Quoting TrevorM
I have a stupid question, I trade the Eur,Usd on the CME. It does not open for another 10 minutes. The last trade was at 3.168. Right now on the forex it is about 12 ticks above. On the futures market it can not pass your bid, so if I put in a bid at 3.169, does that not guarantee that it will jump up to the current price once the CME opens. If there is anyone that has experience with this, please give me some more information.

What month, on the run or of the run, no point arbing of the run.
The great majority are rarely capable of thinking independently.
  • #733,516
  • Dec 16, 2012 4:57pm Dec 16, 2012 4:57pm
Quoting attila
many many times, I trade only by the clock and disregard everything else..
Did not want to post something like this but currently i do this ALL the time
A good trader follows his rules, but great trader knows when to break them
  • #733,517
  • Dec 16, 2012 4:58pm Dec 16, 2012 4:58pm
Quoting gatorinla
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.
Got daily S2 at 79.48.

E/U is being dragged around by E/J.


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  • #733,518
  • Dec 16, 2012 4:59pm Dec 16, 2012 4:59pm
Quoting ill_be_back
Did not want to post something like this but currently i do this ALL the time
all the trend lines in the world won't beat this one.
  • #733,519
  • Dec 16, 2012 5:01pm Dec 16, 2012 5:01pm
I am a retailer now, but I have no gap, what the heck do I do now????? Can someone recommend a retail broker that has a gap, I am tired of looking at the price feed of the big boys, I feel like I am missing out on something very important here and I hate to be the one left in the dark.

Is this gap thing like the mason handshake? I just have to know now that I have heard about it.....Do I need loads more of these vouches that everyone talks about before I am allowed to see a gap??????
The great majority are rarely capable of thinking independently.
  • #733,520
  • Dec 16, 2012 5:02pm Dec 16, 2012 5:02pm
Dollar Index (/DX) on my TOS platform just opened (6pm EST) at 79.659
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