DislikedHSI index has nice Lower High and lower low... Looking Bearish {image} {image} SonicIgnored
Thank you
Regards,
Moti
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- #78,863
- Feb 6, 2015 8:00am Feb 6, 2015 8:00am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #78,864
- Edited 11:49am Feb 6, 2015 9:21am | Edited 11:49am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
AUDUSD Short Trade Open/Close:
M15 setup entries, after the NFP dust settled and during my wait for another retrace to the Trend (inasmuch as the Dragon is still on the wrong side of the Trend for an optimum short trade). 
Closed for gain of 19 pips average, 569 pips total gain. 
M15 setup entries, after the NFP dust settled and during my wait for another retrace to the Trend (inasmuch as the Dragon is still on the wrong side of the Trend for an optimum short trade).
Closed for gain of 19 pips average, 569 pips total gain.
- #78,865
- Edited 10:21am Feb 6, 2015 9:40am | Edited 10:21am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
USDJPY
Probably time to short this. Too bad it is Friday.
Now that the Robber Bank MMs whipped it up, they'll want to take full advantage of sucking in more longs before whacking it back down. So, they'll not be whacking it back down right away. Certainly not on a Friday. I mean, why just immediately throw away the price advantage they just tossed only a few coins into manipulating?
Really, a few coins is all it takes for the MMs to even extravagantly move price sometimes, especially when most are just waiting to see what happens. With their price queue software all set to go, with execution speeds in the tens of thousands of trades per second for themselves, with themselves having only to invest one cent in a trade they buy/sell to themselves to move the price up to the next "occupied" price level, with having only to settle the imbalance there to move the price up to the next (etc.), and since not many price levels out in "Never-Never Land" are even occupied - and certainly now with a "costly" imbalance - well.......
........All Hail the Robber Banks' Rigged Market!
Next week should be interesting. Turn on the shop vac and start sucking in the longs?
Probably time to short this. Too bad it is Friday.
Now that the Robber Bank MMs whipped it up, they'll want to take full advantage of sucking in more longs before whacking it back down. So, they'll not be whacking it back down right away. Certainly not on a Friday. I mean, why just immediately throw away the price advantage they just tossed only a few coins into manipulating?
Really, a few coins is all it takes for the MMs to even extravagantly move price sometimes, especially when most are just waiting to see what happens. With their price queue software all set to go, with execution speeds in the tens of thousands of trades per second for themselves, with themselves having only to invest one cent in a trade they buy/sell to themselves to move the price up to the next "occupied" price level, with having only to settle the imbalance there to move the price up to the next (etc.), and since not many price levels out in "Never-Never Land" are even occupied - and certainly now with a "costly" imbalance - well.......
........All Hail the Robber Banks' Rigged Market!
Next week should be interesting. Turn on the shop vac and start sucking in the longs?
- #78,867
- Feb 6, 2015 11:17am Feb 6, 2015 11:17am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
Compliments of Non-Farm Payroll: {image}
Excellent!
- #78,868
- Feb 6, 2015 11:55am Feb 6, 2015 11:55am
- Joined Sep 2013 | Status: Trade what you see... | 224 Posts
Dance it, ride it not fight it.
I'll start this by quoting SonicDeejay words, "it is all about stophunt, and liquidity". This what happened with GBPUSD when NFP near to release. London Session start with fixing price, rush the half, stopped out the Left Hand Side (short - seller). Then, they begin opening short, thus, create some impression as a chance for Right Hand Side (long - buyer). The fixing price start again near 10 minutes before release, give some impression, Have you buy it? Go buy it, or you will missed the train. Near 5 minutes, they gear up the price fixing, notable by the tick size volume.
At a glance, I almost fall into their tricky manuver, but I realize before NFP, dragon on m15 already angled down, with a fixing price and stophunt occur. By this, I look as higher as I can get before NFP release. I do not wait it being confirmed, because waiting mean not executing, and waiting mean do not have clear plan and clean objectivity into current market situation. I see, the exit so near at half. So, I decided opened en masse.
One position only, but it heavy enough, both the size and the result. I hope, each soniker, learn from this, that flow with the price goes, and read mm intention day to day basis, will limited your exposure to the risk. Longer your position is open, bigger your exposure to the risk. Flow with it, dance with it. Fold red small, but let green goes bigger. Some said that it like scalp, for sure, I do not bother what people address about small red and exit quickly with small red, just because my job is to reduce the risk exposure and protect the assets. I am not trying to be a hero, by challenge the MM face to face, because I already understand, each retail trader always under capitalized and already stamp with losser from the beggining of each position is open. I can only steal from them, but if I steal, I did it en masse, not lightly. By that mobility I have, I got a chance to survive.
-GP-
I'll start this by quoting SonicDeejay words, "it is all about stophunt, and liquidity". This what happened with GBPUSD when NFP near to release. London Session start with fixing price, rush the half, stopped out the Left Hand Side (short - seller). Then, they begin opening short, thus, create some impression as a chance for Right Hand Side (long - buyer). The fixing price start again near 10 minutes before release, give some impression, Have you buy it? Go buy it, or you will missed the train. Near 5 minutes, they gear up the price fixing, notable by the tick size volume.
At a glance, I almost fall into their tricky manuver, but I realize before NFP, dragon on m15 already angled down, with a fixing price and stophunt occur. By this, I look as higher as I can get before NFP release. I do not wait it being confirmed, because waiting mean not executing, and waiting mean do not have clear plan and clean objectivity into current market situation. I see, the exit so near at half. So, I decided opened en masse.
One position only, but it heavy enough, both the size and the result. I hope, each soniker, learn from this, that flow with the price goes, and read mm intention day to day basis, will limited your exposure to the risk. Longer your position is open, bigger your exposure to the risk. Flow with it, dance with it. Fold red small, but let green goes bigger. Some said that it like scalp, for sure, I do not bother what people address about small red and exit quickly with small red, just because my job is to reduce the risk exposure and protect the assets. I am not trying to be a hero, by challenge the MM face to face, because I already understand, each retail trader always under capitalized and already stamp with losser from the beggining of each position is open. I can only steal from them, but if I steal, I did it en masse, not lightly. By that mobility I have, I got a chance to survive.
-GP-
It's all started from page one
- #78,872
- Feb 8, 2015 10:40pm Feb 8, 2015 10:40pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} EURUSD Well, it has been in a 200 pips range, up....down....up......down. So, back up? Or just partially as a retrace before continuing the trend? Or, a head fake up (Frankfurt open is famous for this, called the "Frankfurt Head Fake") and more downside sooner? We cannot know.
{quote} Treading carefully with this one. Am also expecting further downside movement in accord with the longer-term trend, however a pullback may provide a few pips...{image}
- #78,880
- Feb 9, 2015 3:55am Feb 9, 2015 3:55am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
