I don't like this wick and extremely high volume... What do you think folks? {image}
It looks like hunting for long orders from Asia BO with no chance for short trades of Asia BO.
Everything is possible!!! Step by Step...
- #54,981
- Jul 31, 2013 8:51am Jul 31, 2013 8:51am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
It looks like hunting for long orders from Asia BO with no chance for short trades of Asia BO.
- #54,982
- Jul 31, 2013 8:51am Jul 31, 2013 8:51am
notch77, I wouldn't worry too much about that "wick with extremely high volume". That was a big sell-off with usual price reaction afterwards. EUR/USD is currently only 20pips away from the top of the spike. I will wait a few more hours and do PVSRA regularly. At the time of writing this post, there is no significant high volume following the drop, so no bullish reaction according to my analysis!Steve
Jedi17, when you successfully uploaded a new image, you can use the crop feature. You can find it directly next to your images' name in edit mode. Please edit your post and crop it accordingly - everything beside the chart shouldn't be there!
Hi St3ve
what is a "Sell-Off" ??
What MMs are doing in a "Sell-Off" ??
thank you
Sorry my bad English - My native language is Portuguese-BR
- #54,986
- Edited 9:37am Jul 31, 2013 9:01am | Edited 9:37am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
One more bullet into my gun! {image}
Yeah, EU is certainly the "Prima Dona" in the market today,......a muy gorda icon. Sooner or later, all those holding her fat ass up are going to get tired...........
Maybe they are trying to lower her "gently", so the bulk of her won't crack the floor when contact is made!
An bull candle up almost the same pips as a bear candle down,.....on significantly less volume? Not exactly the picture of bullishness. More like resetting the price back up on as little investment as possible, to resume shorting.
Well, there is still another USD release coming, and so there is still time to sucker in more longs so the MMs can get more shorts. Then too, there is tomorrow with more releases, two for EU alone! Maybe the MMs will extend this strategy out until then, to encourage even more longs to the slaughter.
- #54,987
- Jul 31, 2013 9:09am Jul 31, 2013 9:09am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
...My apologizes, I had problems uploading from URL... {image}
you don't need to shot entire screen, just right click on your chart and "Save as Picture".
Or like I see you are using Mac, so press cmd+shift+4 and you can cut your image from screen.
Whatever is obvious is obviously wrong!"
- #54,988
- Jul 31, 2013 9:10am Jul 31, 2013 9:10am
{quote} Hi Jedi17, you don't need to shot entire screen, just right click on your chart and "Save as Picture". Or like I see you are using Mac, so press cmd+shift+4 and you can cut your image from screen.
- #54,989
- Jul 31, 2013 9:14am Jul 31, 2013 9:14am
{quote} Hi Jedi17, you don't need to shot entire screen, just right click on your chart and "Save as Picture". Or like I see you are using Mac, so press cmd+shift+4 and you can cut your image from screen.
To fail is just an opportunity to learn
- #54,994
- Edited 9:50am Jul 31, 2013 9:29am | Edited 9:50am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
{quote} DmitryFX, Yeah, EU is certainly the "Prima Dona" in the market today,......a muy gorda icon. Sooner or later, all those holder her fat ass up are going to get tired...........
Now we have one more chance for one more bullet 
Everything is possible!!! Step by Step...
- #54,997
- Edited 10:08am Jul 31, 2013 9:55am | Edited 10:08am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #55,000
- Edited 11:05am Jul 31, 2013 10:15am | Edited 11:05am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
