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- #79,242
- Edited 7:44pm Feb 22, 2015 6:26pm | Edited 7:44pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} Closed GBP/USD Long +1041p total {image}
Both are looking bearish. Both are looking like they are in a selling trend.
EU has been ranging. Quite evident on H1. Friday, this was sold off, but do to the "Greece Question" - and not surprisingly due to the Robber Banks ability to quickly move price when they want to - the price was scooted right back up from below one whole number to above the higher whole number. From there, the selling resumed into Friday close as the MMs manipulated prices to find and use all liquidity available that would let them fill more short orders for themselves.
GU has been ranging, too, also evident on H1. And here too, the price went down Friday on selling, but was run right back up later in the day. It went back up above the upper whole number. From there the selling has resumed.
Both are bearish. Both have most recently been the subject of strong selling followed by the Robber Banks resetting the price back above upper whole numbers, from which the selling has resumed.
Neat, huh,....how these Robber Banks can quickly, or otherwise, make prices whatever the hell they want them to be whenever they've a mind to do so? Don't ever forget this, for this is how the market really works! On a day to day basis the Robber Banks manipulate prices to make them be what will make them profits, either by filling the orders of others for immediate commissions or by filling their own orders to build a position for future gain,.....not what will make prices represent the true relative values of the currencies involved. I would bet that during the course of a year the amount of time that currency prices actually reflected the true relative values of the currencies involved would amount to less than one full trading day for the entire year. And that would be by coincidence, not intent! My guess is that for all the power, influence and corruption of these Robber Banks, they don't really know what the true relative value of the currencies are, and they don't care. They care mostly about how their pricing of currencies will enable them to make commissions, and to make other people's money their money.
My guess - and that is all this is, because we cannot know how these Robber Banks will manipulate prices next - is that both will see prices back up under their respective whole numbers again during retrace moves in this selling trend. And maybe the MMs will push the prices over these whole numbers again to make increased accumulation of short orders even more attractive.
-tah
- #79,243
- Feb 22, 2015 7:49pm Feb 22, 2015 7:49pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #79,244
- Feb 22, 2015 7:55pm Feb 22, 2015 7:55pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #79,245
- Feb 22, 2015 8:22pm Feb 22, 2015 8:22pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #79,246
- Edited 10:00pm Feb 22, 2015 8:35pm | Edited 10:00pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
USDCAD
May I suggest that if the thieving pricing Kingpins behind the price of Brent Crude are going to hike prices in during an atmosphere of relaxed tensions over the "Greek Issue" in order to gouge the "relaxing" consumer, then even if the outlook for USD is long term bullish, the outlook for CAD is short term "Raging Bear".
But, I would suspect that the thieving Robber Bank MMs will hike price a bit before ramming it downwards. So, prices might reattain the upper whole number area. We cannot know just how the price manipulating Robber Banks will go about things in an attempt to make other people's money become their money, but I would be on the lookout for these greedy and deceiving bastards to run the price higher before they run the price lower.
-tah
May I suggest that if the thieving pricing Kingpins behind the price of Brent Crude are going to hike prices in during an atmosphere of relaxed tensions over the "Greek Issue" in order to gouge the "relaxing" consumer, then even if the outlook for USD is long term bullish, the outlook for CAD is short term "Raging Bear".
But, I would suspect that the thieving Robber Bank MMs will hike price a bit before ramming it downwards. So, prices might reattain the upper whole number area. We cannot know just how the price manipulating Robber Banks will go about things in an attempt to make other people's money become their money, but I would be on the lookout for these greedy and deceiving bastards to run the price higher before they run the price lower.
-tah
- #79,247
- Feb 22, 2015 10:25pm Feb 22, 2015 10:25pm
- Joined Jul 2011 | Status: Trader | 1,521 Posts
{quote} EU and GU Both are looking bearish. Both are looking like they are in a selling trend. EU has been ranging. Quite evident on H1. Friday, this was sold off, but do to the "Greece Question" - and not surprisingly due to the Robber Banks ability to quickly move price when they want to - the price was scooted right back up from below one whole number to above the higher whole number. From there, the selling resumed into Friday close as the MMs manipulated prices to find and use all liquidity available that would let them fill more short orders...
- #79,248
- Edited 3:06am Feb 23, 2015 1:38am | Edited 3:06am
- Joined Jul 2011 | Status: Trader | 1,521 Posts
- #79,249
- Feb 23, 2015 2:14am Feb 23, 2015 2:14am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Opened short Classic GBP/USD {image}
leentjai,
You might have opened a short right into the face of support.
Look at all the previous consolidation around the lower half number. And then there is the upwards sloping TL. Finally, the thought comes to mind that the MMs might only be running it down this time in order to suck in shorts to stop hunt. If so, then the stop hunt move is the one that will put price back to the upper whole number, as anticipated.
I could be speaking out of turn again by suggesting you might get as much as 25 pips on your short trade, and that it is too soon to short this. So, just ignore these comments if your own trade plan is intact and one you are comfortable with. And I have been wrong before, as we both well know.
-tah
- #79,250
- Feb 23, 2015 2:29am Feb 23, 2015 2:29am
EURUSD: short trade opened. Mms again push price up to load more own shorts {image}
PVSRA EURUSD: Perhaps bear MMs will push price higher. On what price there will be reverse nobody knows exactly. But one thing that we know - "it is good to trade opposite trend, but it is not good to trade opposite MMs". So if gap up will appear next monday, it is good chance for us to load more shorts... {image}
EURUSD: Add scout short trades...MMs simply do that they want. There are no any!(high/low) releases according sush movement
- #79,251
- Feb 23, 2015 2:40am Feb 23, 2015 2:40am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} {quote} {quote} EURUSD: All trades ared closed {image} {image}
Alexan4es,
282 pips banked on one trade and 387 pips banked on the separate account trade......Beautiful! Way to go.....
- #79,252
- Feb 23, 2015 2:58am Feb 23, 2015 2:58am
- Joined Jul 2011 | Status: Trader | 1,521 Posts
Opened short Classic GBP/USD {image}
- #79,253
- Feb 23, 2015 3:01am Feb 23, 2015 3:01am
{quote} EURUSD Short Alexan4es, 282 pips banked on one trade and 387 pips banked on the separate account trade......Beautiful! Way to go.....
- #79,254
- Feb 23, 2015 3:09am Feb 23, 2015 3:09am
- Joined Jul 2011 | Status: Trader | 1,521 Posts
{quote} Thank you Sir. It is not my merit, but all yours Sonikers
- #79,255
- Feb 23, 2015 3:10am Feb 23, 2015 3:10am
- Joined Jul 2011 | Status: Trader | 1,521 Posts
{quote} GBPUSD leentjai, You might have opened a short right into the face of support. Look at all the previous consolidation around the lower half number. And then there is the upwards sloping TL. Finally, the thought comes to mind that the MMs might only be running it down this time in order to suck in shorts to stop hunt. If so, then the stop hunt move is the one that will put price back to the upper whole number, as anticipated. I could be speaking out of turn again by suggesting you might get as much as 25 pips on your short trade, and that...
- #79,256
- Feb 23, 2015 3:24am Feb 23, 2015 3:24am
USDCAD May I suggest that if the thieving pricing Kingpins behind the price of Brent Crude are going to hike prices in during an atmosphere of relaxed tensions over the "Greek Issue" in order to gouge the "relaxing" consumer, then even if the outlook for USD is long term bullish, the outlook for CAD is short term "Raging Bear". But, I would suspect that the thieving Robber Bank MMs will hike price a bit before ramming it downwards. So, prices might reattain the upper whole number area. We cannot know just how the price manipulating Robber Banks...
Holding on to my GU Short
- #79,258
- Feb 23, 2015 4:40am Feb 23, 2015 4:40am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GU, quick M15 scalp + 56.5(kinda late entry though) on bounce from 1.53500 level and recent support
Keep It Simple
