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EURUSD

  • #890,181
  • Apr 15, 2014 7:37am Apr 15, 2014 7:37am
Grandma yellen in 7 mins.
  • #890,182
  • Apr 15, 2014 7:37am Apr 15, 2014 7:37am
Sunday gaps still have to close on EUR/USD (1.3880) and EUR/JPY (141.03) before any serious downward trend is possible.

I am not saying it can't spike briefly, but those are just buying opportunities.

Perfect short entry at the gap close
"Luxury is one of the basic needs", (c), Don Corleone
  • #890,183
  • Apr 15, 2014 7:38am Apr 15, 2014 7:38am
No mon pol from Yellen
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  • #890,184
  • Apr 15, 2014 7:41am Apr 15, 2014 7:41am
Quoting Firstboss
Sunday gaps still have to close on EUR/USD (1.3880) and EUR/JPY (141.03) before any serious downward trend is possible. I am not saying it can't spike briefly, but those are just buying opportunities. Perfect short entry at the gap close
Go say that to people who traded the 1.329x gap when it rose to 1.38xx

Gap is just an account killer
COT: The precious data ignored
  • #890,185
  • Apr 15, 2014 7:43am Apr 15, 2014 7:43am
Quoting Firstboss
Sunday gaps still have to close on EUR/USD (1.3880) and EUR/JPY (141.03) before any serious downward trend is possible. I am not saying it can't spike briefly, but those are just buying opportunities. Perfect short entry at the gap close
There are still unclosed gaps out there... be careful
Hero calls followed by margin calls...
  • #890,186
  • Apr 15, 2014 7:45am Apr 15, 2014 7:45am
Quoting Firstboss
Sunday gaps still have to close on EUR/USD (1.3880) and EUR/JPY (141.03) before any serious downward trend is possible. I am not saying it can't spike briefly, but those are just buying opportunities. Perfect short entry at the gap close
Gap does not need to be filled on EUR USD, stats show it's only 65% probability on D1 and less than 60% on D2.
  • #890,187
  • Apr 15, 2014 7:46am Apr 15, 2014 7:46am
Long @ market. TP: 1.38 neighborhood.
The coincidental success is more dangerous than the expected failure
  • #890,188
  • Apr 15, 2014 7:48am Apr 15, 2014 7:48am
Quoting kuroro001
{quote} Go say that to people who traded the 1.329x gap when it rose to 1.38xx Gap is just an account killer
It is an account killer if you over-leverage and can't afford a floating loss until the gap closure.

Inevitable gap closure has two main implications, in my opinion:

- You shouldn't trust trade signals if they point at entry against gap closure
- The opposite is true

Blindly entering and hoping to close the gap is a different story: it's a complete gamble if your stop loss is tight
"Luxury is one of the basic needs", (c), Don Corleone
  • #890,189
  • Apr 15, 2014 7:48am Apr 15, 2014 7:48am
The news is released but EU isn't moving

Whats the reason?
  • #890,190
  • Apr 15, 2014 7:49am Apr 15, 2014 7:49am
short 3805
sl 3815
tp 3750
wish me luck
  • #890,191
  • Apr 15, 2014 7:51am Apr 15, 2014 7:51am
Quoting Iraniatrader
The news is released but EU isn't moving Whats the reason?
reason called ''very low impact news''
Hero calls followed by margin calls...
  • #890,192
  • Apr 15, 2014 7:52am Apr 15, 2014 7:52am
Quoting julia2011
short 3805 sl 3815 tp 3750 wish me luck
good luck.
Hero calls followed by margin calls...
  • #890,193
  • Apr 15, 2014 7:52am Apr 15, 2014 7:52am
Quoting Iraniatrader
The news is released but EU isn't moving Whats the reason?
Yellen Needs to Speak first !
  • #890,194
  • Apr 15, 2014 7:53am Apr 15, 2014 7:53am
Quoting julia2011
short 3805 sl 3815 tp 3750 wish me luck

Good Luck

Send me a kiss… JUUUUUULIIIIIIAAAAAAA

Don't be smart. Be rich.
  • #890,195
  • Apr 15, 2014 7:53am Apr 15, 2014 7:53am
Quoting johncena
{quote} Yellen Needs to Speak first !
Yellen didn't speak?
  • #890,196
  • Apr 15, 2014 7:54am Apr 15, 2014 7:54am
Yellen has already speaking early. Nothing on monetary policy.
  • #890,197
  • Apr 15, 2014 7:54am Apr 15, 2014 7:54am
so what did the old bitch say? Or she got held up at local McDonalds?
  • #890,198
  • Apr 15, 2014 7:55am Apr 15, 2014 7:55am
Quoting Iraniatrader
The news is released but EU isn't moving Whats the reason?
Who knows, not enough to move the market or nobody bought the bullshit I guess. Hummm... maybe us retail traders are out smarting the market makers. Just wait for the next move. There will be more moves to come but when.


GL Traders
  • #890,199
  • Apr 15, 2014 8:00am Apr 15, 2014 8:00am
Risk on sentiment still out there if ya ask me.
The coincidental success is more dangerous than the expected failure
  • #890,200
  • Apr 15, 2014 8:01am Apr 15, 2014 8:01am
Look like Yellen left Euro on its Own
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