{quote} one of those days when i trade fulll night and go office without seleep...seems like that day today...
now you understand why they never going allow you trade fX. while on the job.
you lucky you not handling dangerous machinery.
regards
Technical Analysis Fallacy
- #46,901
- Jun 12, 2014 4:19am Jun 12, 2014 4:19am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
now you understand why they never going allow you trade fX. while on the job.
you lucky you not handling dangerous machinery.
regards
- #46,902
- Edited 4:36am Jun 12, 2014 4:24am | Edited 4:36am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
{quote} it was like demo training seeing ask and bid price I have nothing else just data, not any account etc, only have a little account with bucket shop. though the @38 and@ 22 long was live trade.
you can only sell at MM's bid price and buy at his offer price.
you trying sell at his offer price and buy his bid.
if i can do that , i 'll be billionaire overnight.
sell trillion at 37 and buy a trillion at 35
there's no risk
straight profit 2 pips 1 trillion.
you cannot yours his offer or mine his bid. try remember that.
when i saw you yours me and stated my offer price i nearly fainted.
from laughing.but is not your fault, these days when i laugh loud, i cough crazy.
But i think you may have learned something.
Prices stays quite range stable for 5-10 minutes mostly, unless something is impacting markets.
Inexperienced traders have difficulty understanding that.
They think markets are running all over the place all the time. Is not true.
Only looks that way on charts, because you peeps not charting bid ask(offer).
When ever i talk to novice, is easy tell.
They think prices actually trades when its running.
In fact mostly runs is because price vacuum.
Try buy somrthing thats not have offers.
regards
- #46,903
- Edited 4:57am Jun 12, 2014 4:35am | Edited 4:57am
sold 2 x 23
average sold 5 x 21
bot 2 x 18
average sold 3 x 20
net -10
hmm… dunno if this is a break or sweep
not much of a bounce.. target looking at whole number.
bot 2 x 15
average sold 1 x 20
net 0
bot 1 x 20 squared net = 0 pips
time to go home.. can't babysit..
average sold 5 x 21
bot 2 x 18
average sold 3 x 20
net -10
hmm… dunno if this is a break or sweep
not much of a bounce.. target looking at whole number.
bot 2 x 15
average sold 1 x 20
net 0
bot 1 x 20 squared net = 0 pips
time to go home.. can't babysit..
- #46,904
- Jun 12, 2014 4:36am Jun 12, 2014 4:36am
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
{quote} but you need understand. you can only sell at MM's bid price and buy at his offer price. you trying sell at his offer price and buy his bid. if i can do that , i 'll be billionaire overnight. sell trillion at 37 and buy a trillion at 35 there's no risk straight profit 2 pips 1 trillion. you cannot yours his offer or mine his bid. try remember that. when i saw you yours me and stated my offer price i nearly fainted.
don't predict direction, but dance with flow of water
- #46,905
- Jun 12, 2014 4:39am Jun 12, 2014 4:39am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
{quote} chief I do under stand. 42/44 at 42 counter party want to buy and @44 sell, I can only buy@ 44 and can sell @42 to them. If I interested to buy mine@ 44 . If want to sell them 42 yours 10 mil or what ever the amount I want to buy/sell with in there range. I not use to do it so during typing I mix up the things.
noted.so is typo. ok
but try look from my perspective.
that rascal is trying sell me at my offer price.
yeah sure can, report him to the regulators.
ai ya is your first time. can happen.
forgiven.
regards
oh and when watching bank quotes, they indicative mostly, they quote you nice spread when you call them
so if you looking at many prices. just ignore those quoting wide.
when they quote wide means they not know where the markets are at.
or they not ready do business.
you see the names next to their prices. just ignore those always wide.
- #46,906
- Jun 12, 2014 4:41am Jun 12, 2014 4:41am
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
don't predict direction, but dance with flow of water
- #46,907
- Jun 12, 2014 4:47am Jun 12, 2014 4:47am
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
{quote}
now I would like to sweep sitting ducks stops call the other gang let see the area first.
don't predict direction, but dance with flow of water
- #46,910
- Edited 5:04am Jun 12, 2014 4:52am | Edited 5:04am
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
don't predict direction, but dance with flow of water
- #46,911
- Jun 12, 2014 4:53am Jun 12, 2014 4:53am
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
Fix up, trade sharp ...
- #46,912
- Jun 12, 2014 5:01am Jun 12, 2014 5:01am
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
day1.
chief see the move and close his position with less loss, I did not and even go long for rescue. not good it was just luck save me.
chief see the move and close his position with less loss, I did not and even go long for rescue. not good it was just luck save me.
don't predict direction, but dance with flow of water
- #46,913
- Jun 12, 2014 5:05am Jun 12, 2014 5:05am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
hi fti
good to see you back in the saddle my friend, do take care of yourself though.
i have been trying to plot the price ask/bid on the charts for a while now, it does seem to help me keep with the flow, but of course i am only learning so i may well be off the mark here, here is a chart with what i see (this morning GJ), would be very grateful if you or anyone else could say yes or no if i am near the mark with it, thanks.
regards
Phil.
good to see you back in the saddle my friend
, do take care of yourself though.i have been trying to plot the price ask/bid on the charts for a while now, it does seem to help me keep with the flow, but of course i am only learning so i may well be off the mark here, here is a chart with what i see (this morning GJ), would be very grateful if you or anyone else could say yes or no if i am near the mark with it, thanks.
regards
Phil.
-be careful about what you allow to be put in your mind-
- #46,915
- Jun 12, 2014 5:12am Jun 12, 2014 5:12am
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
don't predict direction, but dance with flow of water
- #46,916
- Jun 12, 2014 5:19am Jun 12, 2014 5:19am
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
don't predict direction, but dance with flow of water
- #46,917
- Edited 6:04am Jun 12, 2014 5:44am | Edited 6:04am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
hi priceaction1
thanks for your reply my friend
just to compare what i would of seen/marked out on retail charts, i have marked up the chart below, EU m5 this morning, i believe your chart is your interbank chart? for the same period?
thanks for your help
regards
Phil.
ADDED.
just been comparing the two side by side, i do not seem to be that far away, the only areas i seem to have missed is when price hardly moves, that is i what put down to MM's trying to find the market (more buyers/sellers).
thanks for your reply my friend
just to compare what i would of seen/marked out on retail charts, i have marked up the chart below, EU m5 this morning, i believe your chart is your interbank chart? for the same period?
thanks for your help
regards
Phil.
ADDED.
just been comparing the two side by side, i do not seem to be that far away, the only areas i seem to have missed is when price hardly moves, that is i what put down to MM's trying to find the market (more buyers/sellers).
-be careful about what you allow to be put in your mind-
- #46,919
- Jun 12, 2014 6:13am Jun 12, 2014 6:13am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
-be careful about what you allow to be put in your mind-
- #46,920
- Jun 12, 2014 6:52am Jun 12, 2014 6:52am
- Joined Apr 2013 | Status: Now I know you | 5,576 Posts
chief weak up time!!!!
wow
wow
don't predict direction, but dance with flow of water