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  • #916,901
  • Aug 15, 2014 5:58am Aug 15, 2014 5:58am
Quoting reeeen4
Sorry for the newb question but wtf just happened to the EU 30min ago? what was with the huge drop? was there a news release I missed? if anyone could explain so I can learn that would be greatly appreciated
Hi reeen - you often see quick moves that come back like this in a range/compression area - big money may well be sidelined till a break in either direction - leaving the range susceptible to low volume spikes
  • #916,902
  • Aug 15, 2014 6:00am Aug 15, 2014 6:00am
Quoting chazzle
{quote}big money may well be sidelined
big money is on vacation atm if you ask me
  • #916,903
  • Aug 15, 2014 6:04am Aug 15, 2014 6:04am
Quoting ampburner
{quote} big money is on vacation atm if you ask me
oh yeah, it's August isn't it? I nearly forgot
  • #916,904
  • Aug 15, 2014 6:07am Aug 15, 2014 6:07am
Quoting chazzle
{quote} Hi reeen - you often see quick moves that come back like this in a range/compression area - big money may well be sidelined till a break in either direction - leaving the range susceptible to low volume spikes

Ah ok, that sort of makes sense.
Learning is all about about asking the right questions!
  • #916,905
  • Aug 15, 2014 6:14am Aug 15, 2014 6:14am
Many people are staying away from the market today as they assume big money is away. One thing remains true is that the market still has some very good price action. I would say enjoy the scalping for the day.
Banks scalp, why don't you?
  • #916,906
  • Aug 15, 2014 6:15am Aug 15, 2014 6:15am
Endless yoyo lol
Make money by doing the opposite of Giveachance aka loser
  • #916,907
  • Aug 15, 2014 6:16am Aug 15, 2014 6:16am
Quoting reeeen4
Sorry for the newb question but wtf just happened to the EU 30min ago? what was with the huge drop? was there a news release I missed? if anyone could explain so I can learn that would be greatly appreciated
Im newb too , but I learned this much : big money usually when want to put buy and sell , direct market to upposite then ediot moneys help thrm in that direction , also in this time so many sl,s been heated soooo its a big profit for those who are in right direction now (big moneys and professionals , just like what now happening)
People wont learn to post analysis in forums not "I think its down/up!"
  • #916,908
  • Aug 15, 2014 6:25am Aug 15, 2014 6:25am
Staying away
The fragrance remains in the hands of those that gves the rose
  • #916,909
  • Aug 15, 2014 6:27am Aug 15, 2014 6:27am
Why today though, Do people with big money do their banking on a friday or something?
Learning is all about about asking the right questions!
  • #916,910
  • Aug 15, 2014 6:27am Aug 15, 2014 6:27am
Quoting reeeen4
Why today though, Do people with big money do their banking on a friday or something?
  • #916,911
  • Aug 15, 2014 6:31am Aug 15, 2014 6:31am
Quoting reeeen4
Why today though, Do people with big money do their banking on a friday or something?
Hello Reene. Typically Friday`s have the largest trading range. Followed by Thrusday. The reason why isn`t as important as understand how to trade it.
Banks scalp, why don't you?
  • #916,912
  • Aug 15, 2014 6:33am Aug 15, 2014 6:33am
Quoting CholiPop
Many people are staying away from the market today as they assume big money is away. One thing remains true is that the market still has some very good price action. I would say enjoy the scalping for the day.
this does seem to be the order of the day
  • #916,913
  • Aug 15, 2014 6:34am Aug 15, 2014 6:34am
Quoting vector0
{quote} loaded another 1/3 of Long position. let's hope the bulls have wings.
been a ride in the last 4 hours for bulls (me)

still keeping my 1/3 long and waiting... TP is above yesterday high at least!

anyone in Long position too?
  • #916,914
  • Aug 15, 2014 6:34am Aug 15, 2014 6:34am
USA data more or less the same, 4 indicators agree - time to sell! Meet you at the bottom 1.3343
If you fall, I shall be there. - The floor
  • #916,915
  • Aug 15, 2014 6:35am Aug 15, 2014 6:35am
Quoting vector0
{quote} been a ride in the last 4 hours for bulls (me) still keeping my 1/3 long and waiting... TP is above yesterday high at least! anyone in Long position too?
in and out - jittery market - longs only though
  • #916,916
  • Aug 15, 2014 6:35am Aug 15, 2014 6:35am
Quoting chazzle
{quote} this does seem to be the order of the day
It most certainly does. Especially considering the fact that the highs are getting lower, and the lows are getting higher. Of course one will never know what the new low high or new high low will be, but you can bet your bottom dollar if you scalp, you`ll stand to make more pips then just waiting for the massive breakout to occur.
Banks scalp, why don't you?
  • #916,917
  • Aug 15, 2014 6:36am Aug 15, 2014 6:36am
Typical pump and dump action by banks lol
  • #916,918
  • Aug 15, 2014 6:38am Aug 15, 2014 6:38am
Quoting CholiPop
{quote} It most certainly does. Especially considering the fact that the highs are getting lower, and the lows are getting higher. Of course one will never know what the new low high or new high low will be, but you can bet your bottom dollar if you scalp, you`ll stand to make more pips then just waiting for the massive breakout to occur.
I'll also bet consistently successful scalpers are few and far between lol - I'm talking scalp only types
  • #916,919
  • Aug 15, 2014 6:48am Aug 15, 2014 6:48am
Hate leaving trades open and doing other stuff outside home, missed my tp by 1,5 pip and also see it went against me with 30 pips.. money not made. Aggrrhh... Still lucky as we came back, now closed at 3389 instead.. no more greed. Lets see if she wants higher or it's down again. Maybe wait for news before getting back in.
I don't even have a cool signature
  • #916,920
  • Aug 15, 2014 6:50am Aug 15, 2014 6:50am
are you ready for the pop?
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