EURUSD | Page 43339 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #866,761
  • Dec 31, 2013 12:29am Dec 31, 2013 12:29am
Quoting Magix
{quote} Yeah, it was. Do the math. From where the 20 EMA crossed above the 200EMA, the price was 1.36918. The top of the chart was 1.38924. 1.38924 1.36918 ---------- .02006 Also known as 200 pips. Statistical basis is historical charts. I have posted several of these, go back to the link, and scroll back. You will find a few of these measured moves there. Go back through my historical attachments and see how many of these I have posted. Both 100 and 200 pip movements to the nugget.
dam this is how the market works ffs magix if it works for you great stuff
student
  • #866,762
  • Dec 31, 2013 12:30am Dec 31, 2013 12:30am
Quoting milam
the market movers do not bring the price up to trigger stops, the market is too large. Ask your self this question: if you were a large operator and you wanted to make the market move sufficiently for you to take a fat profit out of the market and know that you could liquidate easily at a higher level than where the market now is because of the stops bunched there, how would you engineer such a move?
You would begin buying slightly above the market, other will take notice, their buy orders will help moving the market, in order to maintain the momentum you might buy more, but you do not mind, you know there are plenty of buy stop above the high point.
Wherever you go, there you are.
  • #866,763
  • Dec 31, 2013 12:33am Dec 31, 2013 12:33am
Quoting milam
{quote} You would begin buying slightly above the market, other will take notice, their buy orders will help moving the market, in order to maintain the momentum you might buy more, but you do not mind, you know there are plenty of buy stop above the high point.
Those buy orders will help you fill your sell doers when it's time of you to make a hasty exit.
Wherever you go, there you are.
  • #866,764
  • Dec 31, 2013 12:35am Dec 31, 2013 12:35am
Quoting Chicky
{quote} Garrye, what your order flow says about today's move after yesterday's spike? In layman's terms, if that spike up was a stop hunt, do you suspect today's move up was a bull trap? I am developing short bias based on many factors. However, believe this will ultimately move above 1.4000
not necessarily correlated. Stop hunt may be for short term profit, a session or a few sessions, irrelevant of long term trends.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,765
  • Dec 31, 2013 12:35am Dec 31, 2013 12:35am
stop hunts happen all the time, both in direction of general trend as well as countertrend.

Most stop hunts are fabricated with a technique called "momentum ignition"


you can google it, or get a first idea here:


http://www.zerohedge.com/news/2012-1...enon-explained


snipset:

MOMENTUM IGNITION

What is Momentum Ignition?
Momentum ignition refers to a strategy that attempts to trigger a number of other participants to trade quickly and cause a rapid price move.
Why Trigger Momentum Ignition?
By trying to instigate other participants to buy or sell quickly, the instigator of momentum ignition can profit either having taken a pre-position or by laddering the book, knowing the price is likely to revert after the initial rapid price move, and trading out afterwards.
Likelihood and Rapid Price Moves
Momentum ignition does not occur in the blink of an eye, but its perpetrators benefit from an ultra-fast reaction time. Generally, the instigator takes a pre-position; instigates other market participants to trade aggressively in response, causing a price move; then trades out.
  • #866,766
  • Dec 31, 2013 12:35am Dec 31, 2013 12:35am
Quoting infinitus
{quote} OK, now I am under the impression, that you look at some arbitrary historical data to make your claim? BTW: at what TF are we lokking for 20/200 cross to expect to the pip 100 and 200 movements?
If you are ever confused about the charts that I post, assume M1.

These aren't arbitrary historical charts, I used to post them as they happened.

Here are the 2 examples I pulled.

It's not like I looked back to find this on the charts, it is something I happened to notice as regular pattern.

I get it, it is kind of hard to believe, sure looks like bullshit...but hey,
See it once, it is an occurrence.
See it twice, it is a coincidence.
See it after, it is a pattern.

Whether you believe it or not, it's there.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #866,767
  • Dec 31, 2013 12:36am Dec 31, 2013 12:36am
Quoting Chicky
{quote} Garrye, what your order flow says about today's move after yesterday's spike? In layman's terms, if that spike up was a stop hunt, do you suspect today's move up was a bull trap? I am developing short bias based on many factors. However, believe this will ultimately move above 1.4000
for me chicky it was a flush of the weak hands just price got pushed into the stops caught the liquidity and profit was taken at the highs .
im still bias long and expect the trend to continue.
as we know plenty of ways to play a market
student
  • #866,768
  • Dec 31, 2013 12:37am Dec 31, 2013 12:37am
Quoting ffleo
hey infinitus, happy new year.
Happy New Year 2014 to you, as well
  • #866,769
  • Dec 31, 2013 12:37am Dec 31, 2013 12:37am
Quoting milam
{quote} You would begin buying slightly above the market, other will take notice, their buy orders will help moving the market, in order to maintain the momentum you might buy more, but you do not mind, you know there are plenty of buy stop above the high point.
yup.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,770
  • Dec 31, 2013 12:39am Dec 31, 2013 12:39am
Quoting milam
the market movers do not bring the price up to trigger stops, the market is too large. Ask your self this question: if you were a large operator and you wanted to make the market move sufficiently for you to take a fat profit out of the market and know that you could liquidate easily at a higher level than where the market now is because of the stops bunched there, how would you engineer such a move?
you would do it in a perfect move of causing a liquidity gap and filling the bids and dump that big order when you reach the stop zones. easy peasy for the people who control 70% of volume everyday
student
  • #866,771
  • Edited 12:53am Dec 31, 2013 12:41am | Edited 12:53am
Quoting milam
{quote} Those buy orders will help you fill your sell doers when it's time of you to make a hasty exit.
just leave the orders live on your platform. limit buy stop 5 or 10 pips above last significant high, with stops 10 pips, and target + 30 pips (limit sell as a child order of you first limit buy stop, it will be automatically submitted when you first order gets triggered) for the spikes. Spikes at signaficant levels are most +30 pips. You can even leave live orders on platform taking partial 10 pips apart.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,772
  • Dec 31, 2013 12:41am Dec 31, 2013 12:41am
Quoting infinitus
rapid price move, ultra-fast reaction time.
Rapid Price Move.
Ultra-fast.

If I google them, do you think that I will find this to mean, over the period of 13 hours?

It wasn't a whipsaw, wasn't a rapid price move, wasn't an ultra fast anything...it was a routinely documented, trend movement.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #866,773
  • Dec 31, 2013 12:42am Dec 31, 2013 12:42am
Quoting garrye
{quote} for me chicky it was a flush of the weak hands just price got pushed into the stops caught the liquidity and profit was taken at the highs . im still bias long and expect the trend to continue. as we know plenty of ways to play a market
Thanks garrye. There maybe another similar episode bringing price to near or even few pips below 1.3600 before it goes further higher. I am just studying daily chart to see where this up trend could form next Higher Low if that spike up qualifies as a Higher High.
The Thief of Wall Street
  • #866,774
  • Dec 31, 2013 12:43am Dec 31, 2013 12:43am
Quoting milam
{quote} Those buy orders will help you fill your sell doers when it's time of you to make a hasty exit.
So, you made money going up and then you reversed and made money going down...

So what you have done, you have not force the market there, you have engineered it there…...
Wherever you go, there you are.
  • #866,775
  • Dec 31, 2013 12:44am Dec 31, 2013 12:44am
Quoting Magix
{quote} NO! DAMMIT!!! It wasn't the big boys... How do you look at empirical evidence and still produce these bullshit posts? This isn't some dogshit penny stock pump and dump... And this is bigboy! {image}

Man, are you wrong......

Speaking of empirical evidence and comming around with some EMA 20/200 100 and 200 pips moves without producing the evidence for that.........


When it wasn't the big boys, it must have been the retailers LOL All power to us peasants......

Read this:

Attached File(s)
File Type: pdf HFT_Measurement_Detection_and_Response.pdf   1.0 MB | 667 downloads
  • #866,776
  • Dec 31, 2013 12:45am Dec 31, 2013 12:45am
Quoting garrye
{quote} He was correct about the stophunt on friday,the reason to shake out the weak shorts before the big move up .

You shake out "weak" shorts before a resumption of a down trend........................................
Attached Image(s) (click to enlarge)
Click to Enlarge Name: weak long.jpg Size: 82 KB
Click to Enlarge Name: weak shorts.jpg Size: 65 KB
Markets are not efficient, rather they are effective - Jones
  • #866,777
  • Dec 31, 2013 12:47am Dec 31, 2013 12:47am
Quoting Magix
{quote} If you are ever confused about the charts that I post, assume M1. These aren't arbitrary historical charts, I used to post them as they happened. Here are the 2 examples I pulled. It's not like I looked back to find this on the charts, it is something I happened to notice as regular pattern. I get it, it is kind of hard to believe, sure looks like bullshit...but hey, See it once, it is an occurrence. See it twice, it is a coincidence. See it after, it is a pattern....

scalping on M1 with ema 20 and 200 cross for 200 pips is a pipe dream.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,778
  • Dec 31, 2013 12:48am Dec 31, 2013 12:48am
Quoting infinitus
{quote} Man, are you wrong...... Speaking of empirical evidence and comming around with some EMA 20/200 100 and 200 pips moves without producing the evidence for that......... When it wasn't the big boys, it must have been the retailers LOL All power to us peasants...... Read this: {image}
Markus...prove my charts are wrong, it's as plain as day.

How many fucking charts do you want to see as evidence?

Did you even bother looking at the ones I posted?

I get it, you don't want to believe it...Don't.

Doesn't mean that it isn't there.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #866,779
  • Dec 31, 2013 12:48am Dec 31, 2013 12:48am
Quoting infinitus
{quote} Man, are you wrong...... Speaking of empirical evidence and comming around with some EMA 20/200 100 and 200 pips moves without producing the evidence for that......... When it wasn't the big boys, it must have been the retailers LOL All power to us peasants...... Read this: {image}

just forgot:

source is Credit Suisse
  • #866,780
  • Dec 31, 2013 12:49am Dec 31, 2013 12:49am
Quoting garrye
{quote} you would do it in a perfect move of causing a liquidity gap and filling the bids and dump that big order when you reach the stop zones. easy peasy for the people who control 70% of volume everyday
hey brother, I like your posts. obviously you understand the market.
ignore wackos and psychos, including myself. But I can't add myself to iggy
3,241 traders viewing now