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  • #864,561
  • Dec 18, 2013 10:49am Dec 18, 2013 10:49am
Quoting atria
{quote} I put Sell stop and Buy stop with 10 pips difference from market price. 5 minutes before news.
You will be stopped out both ways if you do that. I say this with 100% conviction.

Why not wait until after initial reaction, then enter on the retrace?
  • #864,562
  • Dec 18, 2013 10:50am Dec 18, 2013 10:50am
Quoting atria
{quote} The gap is part of MM, lost acceptance (only 20 pips)
u forget the spread & slippage
A good trader follows his rules, but great trader knows when to break them
  • #864,563
  • Dec 18, 2013 10:50am Dec 18, 2013 10:50am
Quoting atria
{quote} I put Sell stop and Buy stop with 10 pips difference from market price. 5 minutes before news.
Does your broker guarantee these orders at stated price in gap or FOMC market?
  • #864,564
  • Dec 18, 2013 10:51am Dec 18, 2013 10:51am
Quoting Vachus
{quote} Not a very good idea, you could get slipped a 100 pips if we get a surprise decision anyway ..
100 pips ? I'd change broker if so
COT: The precious data ignored
  • #864,565
  • Dec 18, 2013 10:52am Dec 18, 2013 10:52am
everybody expects tapering... oh boy.
  • #864,566
  • Dec 18, 2013 10:52am Dec 18, 2013 10:52am
I don't know if you guys read this but BOE is giving hints to short GU
"

Britain's economic recovery may be at risk if sterling strengthens much further, the Bank of England said on Thursday, in its first significant hint of concern about the British currency's recent rise.

The central bank's Monetary Policy Committee said the 2 percent appreciation in sterling over the previous month reflected a stronger economic outlook, but that greater strength could jeopardise British exports.

"Any further substantial appreciation of sterling would pose additional risks to the balance of demand growth and to the recovery," the MPC said in minutes of its December 4-5 meeting.

Sterling is near a five-year high against other currencies, and the central bank said that for Britain's "burgeoning" economic recovery to be sustainable, it needs to rely more on business investment and exports and less on consumer demand.

The nine-member MPC was unanimous in voting to keep interest rates on hold at 0.5 percent and to leave the central bank's 375 billion pound stock of bond purchases untouched.
In trading, you have to be defensive and aggressive at the same time
  • #864,567
  • Dec 18, 2013 10:54am Dec 18, 2013 10:54am
Quoting kuroro001
{quote} 100 pips ? I'd change broker if so
Standard market practice .. that's why you need a broker with a pending order policy to guarantee stop lose execution no matter what ! ( Market trading time )
"It's the Margin, Stupid."
  • #864,568
  • Dec 18, 2013 10:54am Dec 18, 2013 10:54am
I suspect but could be wrong that not tapering is priced in already.
In trading, you have to be defensive and aggressive at the same time
  • #864,569
  • Dec 18, 2013 10:54am Dec 18, 2013 10:54am
Quoting hamedrx
{quote} Does your broker guarantee these orders at stated price in gap or FOMC market?
all major news gave me 100% correct in both way.

Yes, there will be a gap order during high volatility.
  • #864,570
  • Dec 18, 2013 10:54am Dec 18, 2013 10:54am
Taper or no taper this market will go down
  • #864,571
  • Dec 18, 2013 10:55am Dec 18, 2013 10:55am
Gold suddenly spiking up.. wondering.......... 5 mins to go...
  • #864,572
  • Dec 18, 2013 10:55am Dec 18, 2013 10:55am
i think GOLD know something we don't !!
Sometimes it's better to be wrong,to learn..
  • #864,573
  • Dec 18, 2013 10:57am Dec 18, 2013 10:57am
Anyone live feed?
In trading, you have to be defensive and aggressive at the same time
  • #864,574
  • Dec 18, 2013 10:57am Dec 18, 2013 10:57am
now going down
  • #864,575
  • Dec 18, 2013 10:59am Dec 18, 2013 10:59am
Quoting Matts Micro
{quote} The TA for UJ is it is currently making 4hr H&S with top of 2nd shoulder to beat the daily TL from 22/5/13 otherwise with an hourly close above will be a new high imo.
Upside is more likey because it's been holding back from Tokyo session
  • #864,576
  • Dec 18, 2013 11:00am Dec 18, 2013 11:00am
My god...100 pips in sec!
  • #864,577
  • Dec 18, 2013 11:01am Dec 18, 2013 11:01am
Feck, taper is coming, at $10Billion. God bless big Ben!!!
  • #864,578
  • Dec 18, 2013 11:02am Dec 18, 2013 11:02am
Quoting Darkforce
Feck, taper is coming, at $10Billion. God bless big Ben!!!

Serious? Great !
In trading, you have to be defensive and aggressive at the same time
  • #864,579
  • Dec 18, 2013 11:02am Dec 18, 2013 11:02am
Today's S/R levels on MT4 Templates

EURO
CABLE
AUDUSD
EURJPY
USDJPY

http://www.forexfactory.com/showthre...45#post7162745
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #864,580
  • Dec 18, 2013 11:03am Dec 18, 2013 11:03am
OMG 50 pips SL being washed both sides . LOL
Get Rich or Die Tryin
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