Put on your Condom (SL) unless you want to get her pregnant (Acc Blow)
- #65,523
- Apr 23, 2017 2:46pm Apr 23, 2017 2:46pm
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #65,524
- Apr 23, 2017 2:48pm Apr 23, 2017 2:48pm
- Joined Dec 2014 | Status: Trader | 1,326 Posts
checkout USDjpy price on yahoo finance, xe.com and bloomberg..............110.40+++ ?
- #65,525
- Apr 23, 2017 2:50pm Apr 23, 2017 2:50pm
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
{quote} Question: If you have a buy trade open over the weekend, with a take-profit of say 10 pips, but when the market opens there's a gap up of say 100 pips... where will the trade get closed? Since the "gap" supposedly means that no trades took place in that gap, I'd think even a TP wouldn't trigger (same goes if there was a SL that it gapped past). Of course this is just hypothetical, since it doesn't effect me personally... nope, I'd never leave a trade open over this kind of weekend.
- #65,527
- Apr 23, 2017 2:51pm Apr 23, 2017 2:51pm
{quote} Question: If you have a buy trade open over the weekend, with a take-profit of say 10 pips, but when the market opens there's a gap up of say 100 pips... where will the trade get closed? Since the "gap" supposedly means that no trades took place in that gap, I'd think even a TP wouldn't trigger (same goes if there was a SL that it gapped past). Of course this is just hypothetical, since it doesn't effect me personally... nope, I'd never leave a trade open over this kind of weekend.
- #65,532
- Apr 23, 2017 3:38pm Apr 23, 2017 3:38pm
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #65,534
- Apr 23, 2017 3:52pm Apr 23, 2017 3:52pm
- Joined Dec 2015 | Status: Trader | 8,751 Posts
Here's a weekly technical outlook on the USDJPY.
A down trend has persisted on the weekly time frame since January 2016. The trend witnessed a retracement in October 2016 which peaked at the 86.8 Fib level in December 2016. Since then price action has been on a southward drive but with strong bullish resistance. Overall, price action is respecting a descending trendline (chocolate colour) on the weekly time frame. However, the nearest support is provided by an ascending trendline (navy colour) from the low of September 2016. Last week a ‘spinning top’ like candlestick was formed after the strong and relatively big bearish candlestick which formed two weeks’ ago. This portends a likely bearish continuation. Should price action breach the immediate support created by the ascending trendline from the low of September 2016, the next target is likely to be around 105.250, which adjoins an area of a multi-year low and support zone. Otherwise, any upward move – likely to be corrective, may target the immediate support around 110.210, which adjoins the 50 Fib retracdement of the January 2016 drop.
I may be wrong. Trade safe and prosper.
KP
A down trend has persisted on the weekly time frame since January 2016. The trend witnessed a retracement in October 2016 which peaked at the 86.8 Fib level in December 2016. Since then price action has been on a southward drive but with strong bullish resistance. Overall, price action is respecting a descending trendline (chocolate colour) on the weekly time frame. However, the nearest support is provided by an ascending trendline (navy colour) from the low of September 2016. Last week a ‘spinning top’ like candlestick was formed after the strong and relatively big bearish candlestick which formed two weeks’ ago. This portends a likely bearish continuation. Should price action breach the immediate support created by the ascending trendline from the low of September 2016, the next target is likely to be around 105.250, which adjoins an area of a multi-year low and support zone. Otherwise, any upward move – likely to be corrective, may target the immediate support around 110.210, which adjoins the 50 Fib retracdement of the January 2016 drop.
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
- #65,535
- Apr 23, 2017 4:05pm Apr 23, 2017 4:05pm
- Joined Dec 2014 | Status: Trader | 1,326 Posts
{quote} if not,leave that broker
Yep, it closed at the open price... so nice little profit. Still, I realize it wasn't the smartest move for me to keep it open over the weekend. I'm debating on whether I should call it luck, or skill. - #65,536
- Apr 23, 2017 4:09pm Apr 23, 2017 4:09pm
{quote} Guess I won't have to leave my broker.
- #65,538
- Apr 23, 2017 4:16pm Apr 23, 2017 4:16pm
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
{quote} Guess I won't have to leave my broker.
i thought that the market would spank me though and i would be down today
Don't Worry Be Happy
