GBPAUD:
Here is a thought provoking picture on H1 of a rising wedge and,......can we say "bearish"?
Here is a thought provoking picture on H1 of a rising wedge and,......can we say "bearish"?
Attached Image (click to enlarge)
- #75,981
- Sep 11, 2014 11:36pm Sep 11, 2014 11:36pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #75,983
- Sep 12, 2014 1:43am Sep 12, 2014 1:43am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #75,984
- Sep 12, 2014 2:13am Sep 12, 2014 2:13am
- | Joined Jun 2014 | Status: Lord of the rings ?? | 277 Posts
{quote} For Windows7: C:\Program Files(x86)\Your Broker\MQL4\Indicators\
People wont learn to post analysis in forums not "I think its down/up!"
- #75,985
- Sep 12, 2014 3:05am Sep 12, 2014 3:05am
- | Joined Jun 2014 | Status: Lord of the rings ?? | 277 Posts
Sorry for interrupt :
I found the answer , for "pipware-minichart-v3.0" indicator : to install properly , download it from here http://www.pipware.com/software/mini-charts.html
and make sure you install the font in zip file too . have nice trades folks
I found the answer , for "pipware-minichart-v3.0" indicator : to install properly , download it from here http://www.pipware.com/software/mini-charts.html
and make sure you install the font in zip file too . have nice trades folks
People wont learn to post analysis in forums not "I think its down/up!"
- #75,991
- Sep 12, 2014 9:06am Sep 12, 2014 9:06am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EUR/USD Short open and closed. Now long {image}
Please do a better job of your Post # homework. Your closed trade PL label is not shown in your pic!
- #75,993
- Sep 12, 2014 9:22am Sep 12, 2014 9:22am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #75,994
- Edited 10:45am Sep 12, 2014 10:18am | Edited 10:45am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
AUDUSD:
MMs suck in longs and promptly Stop Hunt them!
Next to last red bar = MMs whip price above half number coaxing in longs and triggering pending long orders up there.
Last red bar = Robber MMs whack price to RDL - making new lows for the day - stopping them out!
Such price action is anything but based on supply and demand. It is based solely on the greed of the MMs and their ability to control prices, plain and simple. And some folks still do not understand market prices can be totally manipulated by the Robber Banks/MMs whenever they desire to do so.
This is like playing poker at the casino where the dealer - anytime he wants to - can deal himself some of his unlimited extra (and legal, according to the House Rules) aces! The Robber Banks/MMs can take the pot anytime they want to. This is why we must always be suspicious that a Stop Hunt, or yet another Stop Hunt could be played by the MMs, and be prepared for it. 
And, having stolen positions from others, the Robber Banks start pushing the price back up to build in profits on theirs that they stole....... 
MMs suck in longs and promptly Stop Hunt them!
Next to last red bar = MMs whip price above half number coaxing in longs and triggering pending long orders up there.
Last red bar = Robber MMs whack price to RDL - making new lows for the day - stopping them out!
Such price action is anything but based on supply and demand. It is based solely on the greed of the MMs and their ability to control prices, plain and simple. And some folks still do not understand market prices can be totally manipulated by the Robber Banks/MMs whenever they desire to do so.
This is like playing poker at the casino where the dealer - anytime he wants to - can deal himself some of his unlimited extra (and legal, according to the House Rules) aces! The Robber Banks/MMs can take the pot anytime they want to. This is why we must always be suspicious that a Stop Hunt, or yet another Stop Hunt could be played by the MMs, and be prepared for it.
And, having stolen positions from others, the Robber Banks start pushing the price back up to build in profits on theirs that they stole.......
- #75,996
- Sep 12, 2014 10:57am Sep 12, 2014 10:57am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #75,997
- Sep 12, 2014 11:04am Sep 12, 2014 11:04am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #75,998
- Sep 12, 2014 11:10am Sep 12, 2014 11:10am
So does anyone have the stones to keep a GBPUSD trade open over the weekend Considering last weekends GAP??
100 pip gap after a week where GU fell 300 pips, and this week retraced 200 pips but not cover the gap.
Something is telling me Monday we would see the Gap filled either by after hours US MM's or another gap.
Its oh so tempting to be speculative here, but that I suppose would not be the sonic way.
100 pip gap after a week where GU fell 300 pips, and this week retraced 200 pips but not cover the gap.
Something is telling me Monday we would see the Gap filled either by after hours US MM's or another gap.
Its oh so tempting to be speculative here, but that I suppose would not be the sonic way.
- #75,999
- Sep 12, 2014 11:18am Sep 12, 2014 11:18am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
So does anyone have the stones to keep a GBPUSD trade open over the weekend Considering last weekends GAP?? 100 pip gap after a week where GU fell 300 pips, and this week retraced 200 pips but not cover the gap. Something is telling me Monday we would see the Gap filled either by after hours US MM's or another gap. Its oh so tempting to be speculative here, but that I suppose would not be the sonic way. {image}
MMs are pushing price up in after hours. Why buy the price up in low liquidity environment, raising the price on yourself when they could manipulate the price down to where there might be pending short orders, giving themselves good liquidity for getting their long orders filled, and at lower prices?
This move up could be a sign the MMs are taking the price to where pending long orders sit, so they can use that liquidity to get their short orders filled! See that they now have the price above the half number, which is where cautious traders might place their pending long orders, and if so, then these orders are getting triggered.
Next week has a heavy lineup of GBP high impact releases on Wednesday. That gives the MMs plenty of time to whack the price to take profits on shorts and be building longs in the process. This way, they have a bear swing down, close shorts for profit, build longs and have a major bull swing back up to close the gap and take profits, before we get back to the old story of the GBP being too high and the USD showing progressive strengthening. What a profit making plan!
Taking profit on longs, or building shorts? What do you think?
- #76,000
- Sep 12, 2014 11:37am Sep 12, 2014 11:37am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GBPUSD:
Here is another clue as to what the MMs are doing with this one.
Look at AUDUSD and see that since the LS closed it has gone nowhere. 
Look at GBPAUD and see that the MMs whipped the price up above DR1 and then had a field day of trading! Buy low, sell high! 
These two situations point to the strong probability the MMs are very very bearish on GBP going into the weekend. But, we can never know how the Robber Banks will move price next.
Here is another clue as to what the MMs are doing with this one.
Look at AUDUSD and see that since the LS closed it has gone nowhere.
Look at GBPAUD and see that the MMs whipped the price up above DR1 and then had a field day of trading! Buy low, sell high!
These two situations point to the strong probability the MMs are very very bearish on GBP going into the weekend. But, we can never know how the Robber Banks will move price next.