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  • #960,741
  • Feb 17, 2015 5:40am Feb 17, 2015 5:40am
Quoting fxtyrant
{quote} I work as a sales trader for one of the top 20 investment banks... I handle the order book of my corporate clients on a daily basis for my bank, so i know where the orders are. Not gona name names, you can choose to believe it or not. Not gona hold a grudge on you if you dont but yea, dont expect me to return the respect...
I do believe you, just wanted to know how you could be so sure. Your explanation makes total sense.
  • #960,742
  • Feb 17, 2015 5:41am Feb 17, 2015 5:41am
1.1382 level is key level for me. a new trade point either long or short.
don't predict direction, but dance with flow of water
  • #960,743
  • Feb 17, 2015 5:44am Feb 17, 2015 5:44am
Quoting amgm2609
{quote} Price hasn't stopped nowhere yet. Price will stop when the day is over. And on this game, guessing will make you lose money.
Guess what... Guessing is gambling just like you play roulette at the casino, odds never go above 50%, odds are always favouring the house
Just when you think the odds of red and black are 50/50 you get a fucking 0... To fuck the odds up...

But forex is not gambling... "Educated" guessing can actually turn the odds to your favour like say 70/30, this is called probabilities... Sound familiar??
What if i told you in a long term down trend... Probability of price creating lower lows and a downward sloping price action is 70% while longing against the trend has a probability of creating a higher high with probability of 30%, why would you still go long in a downtrend??

To make shot worse, why would anybody go long the eurusd and hold for long when swaps are negative??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #960,744
  • Feb 17, 2015 5:46am Feb 17, 2015 5:46am
The oil is stabilizing at 62. Will it go down next wit the Euro/USD down. The silver and gold is also declining today. The start of the next USD rally
  • #960,745
  • Feb 17, 2015 5:48am Feb 17, 2015 5:48am
Quoting fxtyrant
{quote} I work as a sales trader for one of the top 20 investment banks... I handle the order book of my corporate clients on a daily basis for my bank, so i know where the orders are. Not gona name names, you can choose to believe it or not. Not gona hold a grudge on you if you dont but yea, dont expect me to return the respect... Ps. Get ready... Haters in 1...2...3...

your boss is my drinking buddy and he is just contact me!
he's confirmed your words!
  • #960,746
  • Feb 17, 2015 5:49am Feb 17, 2015 5:49am
Quoting amgm2609
{quote} Price hasn't stopped nowhere yet. Price will stop when the day is over. And on this game, guessing will make you lose money.


oh?
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Twitter: @TrendersGame
  • #960,747
  • Feb 17, 2015 5:51am Feb 17, 2015 5:51am
Quoting MarianneOslo
god is also declining today.
God is abouth to get angry
  • #960,748
  • Feb 17, 2015 5:53am Feb 17, 2015 5:53am
Quoting Citiboy
{quote} oh? {image}
Another one....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #960,749
  • Feb 17, 2015 5:53am Feb 17, 2015 5:53am
Quoting fxtyrant
{quote} I think the reason why 1.1450 didnt get taken out is because they are large sell orders which matches to the direction of the general trend. They know these large order are in the right direction, so they dont risk triggering it because of they do trigger it it means they will have to push even higher up to 1.16 to flush these large sell orders out... But that isnt a cheap action... So they're thinking twice before triggering those 1.1450/70 orders
Hey, thanks for sharing. Now I understand the logic why certain prices will always be missed by small pips. And not to mention if they push price up to those huge sell orders, they would need immense bullish power to SH them and failure to do so = EURUSD falling fast, yea?
  • #960,750
  • Feb 17, 2015 5:53am Feb 17, 2015 5:53am
May bounce from 1.1408 / 1.1397........
  • #960,751
  • Feb 17, 2015 5:54am Feb 17, 2015 5:54am
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #960,752
  • Feb 17, 2015 5:54am Feb 17, 2015 5:54am
Quoting Ken A
{quote} God is abouth to get angry
Agree Ken gold is declining. and a new USD rally comming soon. Bad news USD rally on safe heaven. Good USD news also USD rally on the good news.
  • #960,753
  • Feb 17, 2015 5:55am Feb 17, 2015 5:55am
Quoting MaryAnne
{quote} Hey, thanks for sharing. Now I understand the logic why certain prices will always be missed by small pips. And not to mention if they push price up to those huge sell orders, they would need immense bullish power to SH them and failure to do so = EURUSD falling fast, yea?
Yep. Now you start to realise the game the boys are playing??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #960,754
  • Feb 17, 2015 5:56am Feb 17, 2015 5:56am
Quoting Ken A
{quote} God is abouth to get angry
  • #960,755
  • Feb 17, 2015 5:58am Feb 17, 2015 5:58am
Quoting MarianneOslo
The oil is stabilizing at 62. Will it go down next wit the Euro/USD down. The silver and god is also declining today. The start of the next USD rally
Indeed. Oil looks ready for a selloff to 45.7x (WTI...Brent from 62 to +/-51.xx/52). Gold not so much room to the downside yet but it also look ready to test below 1200.xx. Equities also look ready to profit taking.

Given the latest on Greek Bs (a done deal...) i also think most of key markets will start moving without waiting for the official confirmation of this "news" on Friday (or later) and they will carry dollar with it ...

Topping up shorts euro (long dollar) is the play to be for the next main leg....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #960,756
  • Feb 17, 2015 6:00am Feb 17, 2015 6:00am
Contradictory information form EU-Greece talks, it seems that both sides are playing hard

German Finance Minister Schaeuble states that is still uncertain if Greece want a new program,
Slovak Finance Minister said that some minor changes are needed to reach the agreement.
  • #960,757
  • Feb 17, 2015 6:02am Feb 17, 2015 6:02am
Quoting fxtyrant
{quote} Yep. Now you start to realise the game the boys are playing??
I do. Frankly, thank you. Now I have a better understanding.

Since i dont have bank order book sadly, I am looking at volume indicators to gauge liquidity at certain price levels in the market. Me thinks it does give a clue where huge orders/stops may be sitting at times though I wouldnt know in advance unless we are near those levels.

Do keep your fundamental analysis coming - they are very helpful indeed!
  • #960,758
  • Feb 17, 2015 6:04am Feb 17, 2015 6:04am
Quoting sisse
Equities also look ready to profit taking. Given the latest on Greek Bs (a done deal...)
It's been consolidating at upper range - looks dangerous

Quoting tomas.v
Contradictory information form EU-Greece talks, it seems that both sides are playing hard German Finance Minister Schaeuble states that is still uncertain if Greece want a new program, Slovak Finance Minister said that some minor changes are needed to reach the agreement.
So you are back with the copy and paste material just to promote your broker with typed in winning trades
  • #960,759
  • Feb 17, 2015 6:07am Feb 17, 2015 6:07am
Quoting sgkrishn
{image}

. Agree...
  • #960,760
  • Feb 17, 2015 6:10am Feb 17, 2015 6:10am
Quoting Ken A
{quote} It's been consolidating at upper range - looks dangerous {quote} So you are back with the copy and paste material just to promote your broker with typed in winning trades
Oil is easier, a test to the untested breakout at 45.7x before we hit another higher leg on the dead cat bounce ...both legs (down and the potential up) are VERY tradable ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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