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  • #1,021,761
  • Aug 24, 2015 7:17am Aug 24, 2015 7:17am
I am not experienced with Market Statistics, I recently start reading about it.
One thing I realized today that Bull will decide to go 1.1830 or they already satisfied with 1.1540.
Any one here use market statistics?
  • #1,021,762
  • Aug 24, 2015 7:18am Aug 24, 2015 7:18am
Quoting Rockerzeus
I am not experienced with Market Statistics, I recently start reading about it. One thing I realized today that Bull will decide to go 1.1830 or they already satisfied with 1.1540. Any one here use market statistics?
In times like this rationality goes out the window. Hold on for the ride.
  • #1,021,763
  • Aug 24, 2015 7:20am Aug 24, 2015 7:20am
Quoting scottik187
{quote} In times like this rationality goes out the window. Hold on for the ride.
Ride to up or down?
  • #1,021,764
  • Aug 24, 2015 7:20am Aug 24, 2015 7:20am
I know only one thing
U r trapped god save you
The Phoenix Trader....
  • #1,021,765
  • Aug 24, 2015 7:22am Aug 24, 2015 7:22am
Quoting edyraper
{quote} I see , thanks for the explanation . btw I'm flat too , lost too much this month shorting EU , no problem sh!t happens . will see . I've got a level on H4 1.1608 it may give a move to 1.1242 ,will look for short there again . will be my last shot for catching the top no more moves .
if i short, i have my level, i know the trade is wrong ahead of time, before we cross that level. i try to trade near that level to keep stops tight. most of my trades i can set a b.e, if i chose to.
those who can, do. those who cant, talk about those who can
  • #1,021,766
  • Aug 24, 2015 7:22am Aug 24, 2015 7:22am
But retracement 1.1250 is likely after today's move
The Phoenix Trader....
  • #1,021,767
  • Aug 24, 2015 7:24am Aug 24, 2015 7:24am
taken a long as D-R2 seems to be holding up
but with this pa I won't sit on anything until it gets some directional momentum
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2015 Aug 24c.PNG Size: 12 KB
  • #1,021,768
  • Aug 24, 2015 7:29am Aug 24, 2015 7:29am
Quoting Rockerzeus
{quote} Ride to up or down?
Who knows! Our banking overlords will decide this fate.

I think the blow out of all those stops at 1.15 was pretty decisive, took out a lot of the shorts and gave the longs their liquidity to get out of their positions.

From here, who knows. Markets around the world are in total panic states, haven't seen it like this for years.
  • #1,021,769
  • Aug 24, 2015 7:31am Aug 24, 2015 7:31am
keep calm. eur king . usd trash now
eur bulls have limitless possibility
i been holding a long from 1.1060 since july
  • #1,021,770
  • Aug 24, 2015 7:37am Aug 24, 2015 7:37am
for anyone watching gbp, cable has been piercing resist 4hr / daily, it has taken 4 solid hrs of buying but she has pierced, will she continue north ? who knows, my guess is yes, but as with eu this morning, where can entry where can put sl, may be a pull back to retest pierced resistance, bull definitely looking pumped
If you are new to Forex? Say Goodbye to your account!!
  • #1,021,771
  • Aug 24, 2015 7:39am Aug 24, 2015 7:39am
This is up there with the most ridiculous bull shit moves I have seen in almost 5 years. Fucking insane nonsense
  • #1,021,772
  • Aug 24, 2015 7:39am Aug 24, 2015 7:39am
short again . Lets see

s/out
Peace
  • #1,021,773
  • Aug 24, 2015 7:41am Aug 24, 2015 7:41am
Quoting Ck87
This is up there with the most ridiculous bull shit moves I have seen in almost 5 years. Fucking insane nonsense
19.08 to 24.08 totally 526 ish pips better to watch it , no actions .
  • #1,021,774
  • Aug 24, 2015 7:41am Aug 24, 2015 7:41am
Quoting MaxDoom
taken a long as D-R2 seems to be holding up but with this pa I won't sit on anything until it gets some directional momentum {image}
moved the stop to +ve
D-R3 next logical target
may take some off here at mid point...
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2015 Aug 24d.PNG Size: 21 KB
  • #1,021,775
  • Aug 24, 2015 7:42am Aug 24, 2015 7:42am
Quoting Ck87
This is up there with the most ridiculous bull shit moves I have seen in almost 5 years. Fucking insane nonsense
you are obviously having a bad day, but please stop all the foul language
  • #1,021,776
  • Aug 24, 2015 7:44am Aug 24, 2015 7:44am
Its strange to see the EUR str when DAX is being dumped
  • #1,021,777
  • Aug 24, 2015 7:44am Aug 24, 2015 7:44am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5.png Size: 41 KB
  • #1,021,778
  • Aug 24, 2015 7:45am Aug 24, 2015 7:45am
Took some profit this morning.. looking like I jumped the gun.. Heading for 117xx, if we clear 11540 nothing standing in its way... This could be historical... lol... will keep longs open...
  • #1,021,779
  • Aug 24, 2015 7:47am Aug 24, 2015 7:47am
4 straight days of strong bulls. I smell something. Most likely could be insider trading knowing something and buying up euros.
The true fact is market doesn't care, risk mgt is important.
  • #1,021,780
  • Aug 24, 2015 7:47am Aug 24, 2015 7:47am
How anyone can think these markets aren't 100% rigged is so mind boggling,look at this move, you think this is regular trading? Give me a god damn break
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