all good trends end with a spike followed by retrace and consolidation.
Trade in the now
Enter The Dragon - GBP/JPY 2 replies
Info on the Borihei-Dragon Scalping System? 15 replies
The Dragon 441 replies
Scalping The Dragon 34 replies
***Dragon II*** 15 replies
Dislikeddowntrend is not over yet that does not mean that it could not end soon, but that sign has not showed yet if it breaks above 132.40 and keeps staying above that level, that could be a sign of a short term reversal but if it breaks below 129 again we may be headed for fresh new lowsIgnored
Disliked{quote} do they freeze their MT4 for 5-8 minutes during the trading day , especially when the market is moving fast ( i'm not talking about NFP or heavy news releases, just no-news nice fast moves that happen) ?Ignored
Disliked{quote} A ECN broker depends on Liquidity Providers. So when is news...you have more liquidity providers is better. So, every broker widen spreads during news.Ignored
Disliked{quote} A ECN broker depends on Liquidity Providers. So when is news...you have more liquidity providers is better. So, every broker widen spreads during news.Ignored
Disliked{quote} Don't say EVERYBROKER widens spreads because that simply isn't true. I recall rvdmarkets and yadix professional account NEVER widening spread even durning high impact news. I had screen capture proof of this where rvd would keep its .5 spread on EU and on other brokers it will turn into huge spreads.Ignored
Disliked{quote} Thanks for your insight. {quote} I don't get it, it's noticeable when news are about to happen, and in fact one of the brokers I use made this statement in FFAA because I ranted about a news related issues. BTW, I'm not arguing with you, I'm just telling you what I've seen.Ignored
DislikedUsdjpy entering dangerous territory for Kuroda ( 100 level ) - the fear may cause a gap up and rally in this cross. http://www.forexfactory.com/news.php?do=news&id=603576 someone once showed us how to tell what the gap will be Monday, great someone tell us againIgnored
DislikedUsdjpy entering dangerous territory for Kuroda ( 100 level ) - the fear may cause a gap up and rally in this cross. http://www.forexfactory.com/news.php?do=news&id=603576 someone once showed us how to tell what the gap will be Monday, great someone tell us againIgnored
Disliked{quote} it comes from a trading system that i use sorry for double post guys, how do you do multiple quotes on this board ?Ignored
Disliked{quote} I mean yes it is noticeable, but many people have never traded with a REAL ecn to know how the market reacts to high impact news. I think most people fail to realize that the spreads widen broker to broker based on settings which they have the ability to control.Why would the brokers want to widen spread? Well because it maximizes the amount of orders which they are able to open right before the news. Many people like to straddel instruments prior to high impact news so the broker benifits from widen of the spreads as they can catch more orders prior to the spike.Ignored
DislikedWith Kuroda determined to drive Yen downward and London economy is doing better than expected, a huge bullish future ahead for GJ in the coming daysIgnored
Disliked{quote} Don't know yet but yes by the chart structure its showing us a nice reversal with the target of 136+ to 140 but my concern is, really it is going to break 135? If it can break then no worries for 140 till weekly resistance.Ignored
Disliked{quote} Well it wasn't to long ago that some from this thread mentioned that everytime GJ goes up it gets spanked down. Should GJ gap up will bias sellers sell or turn to the buy bias?Ignored