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  • #1,114,821
  • Edited 1:45pm Jun 6, 2017 1:34pm | Edited 1:45pm
Quoting micho
{quote} all is possible, remember last week i was shouting short short... my stop is about to be hit at 1.1302 and it will but now i also have 2 long positions
thats the thing.........its like a number line to go from 1 to 100

you can go 2, 4, 6, 8, 10......then go back to 5........then start going 5, 10, 15, to 100

you still reach 100, but in a different route...........its trying to find out which route it'll go that is the key to this
  • #1,114,822
  • Jun 6, 2017 1:48pm Jun 6, 2017 1:48pm
I can already hear the bulls squeeling like pigs.
"The fun is in the hunt. Not the kill."
  • #1,114,823
  • Jun 6, 2017 1:51pm Jun 6, 2017 1:51pm
EJ short closed. Waiting for reentry after thursday fundamentals kick in
  • #1,114,824
  • Jun 6, 2017 2:19pm Jun 6, 2017 2:19pm
Targeting that 1.1290 later.
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,114,825
  • Jun 6, 2017 3:28pm Jun 6, 2017 3:28pm
Quoting Connors
Does anyone have any clue what the price action was about today? I mean seriously what the fuck.. It managed to end the day without touching any significant supply or demand area, amazing job. Tomorrow can get worse, depending on tonight's close. In case it closes above weekly open, during Asia it may hit orders above 1.1300 but I am not really sure what to make of it. Asking myself why haven't they done it already, probably has sth to do with option expiries on Thursday.
What a MO.....ffffff ING DAY. I lost 8 trades across all pairs , price action out of control. Gbp turned for no efffffing reason ( which I probably know why but didn't expect it) . I NEED A DRINK!
  • #1,114,826
  • Jun 6, 2017 3:31pm Jun 6, 2017 3:31pm
Quoting Connors
Does anyone have any clue what the price action was about today? I mean seriously what the fuck.. It managed to end the day without touching any significant supply or demand area, amazing job. Tomorrow can get worse, depending on tonight's close. In case it closes above weekly open, during Asia it may hit orders above 1.1300 but I am not really sure what to make of it. Asking myself why theyhaven't done it already, probably has sth to do with option expiries on Thursday.
EUR is in bad need of corection IMO .
It needs to clear some stops , pick up some orders and so on ......it needs some more fuel .
  • #1,114,827
  • Jun 6, 2017 3:32pm Jun 6, 2017 3:32pm
Quoting denisius
{quote} What a MO.....ffffff ING DAY. I lost 8 trades across all pairs , price action out of control. Gbp turned for no efffffing reason ( which I probably know why but didn't expect it) . I NEED A DRINK!
I would not touch Pound ahead of the Election .....
  • #1,114,828
  • Jun 6, 2017 3:34pm Jun 6, 2017 3:34pm
Quoting denisius
{quote} What a MO.....ffffff ING DAY. I lost 8 trades across all pairs , price action out of control. Gbp turned for no efffffing reason ( which I probably know why but didn't expect it) . I NEED A DRINK!

I had one trade in the morning which I took around 7 am (!) and another one in the afternoon and managed to bring home some meat but that's not the point I am getting at. Price action is very messy, it just doesnt want to penetrate any significant supply demand area which makes it harder to plan ahead.

I see the top of all the bullish action we have seen @1.1350/1.1360.
However it cant get there like this kind of pa, it needs fresh buyers which seem to have gathered around 1.1200s. Weird bro, very weird.

Stay away from GBP, dont go mental now.
  • #1,114,829
  • Jun 6, 2017 3:36pm Jun 6, 2017 3:36pm
Quoting yanitsa
{quote} I would not touch Pound ahead of the Election .....
Thats what I was waiting for all week. I rarely risk and always skipping big days. Want to try this time!
  • #1,114,830
  • Jun 6, 2017 3:39pm Jun 6, 2017 3:39pm
Quoting Connors
{quote} I had one trade in the morning which I took around 7 am (!) and another one in the afternoon and managed to bring home some meat but that's not the point I am getting at. Price action is very messy, it just doesnt want to penetrate any significant supply demand area which makes it harder to plan ahead. I see the top of all the bullish action we have seen @1.1350/1.1360. However it cant get there like this kind of pa, it needs fresh buyers which seem to have gathered around 1.1200s. Weird bro, very weird. Stay away from GBP, dont go mental...

Thanks brother! I posted same levels earlier this week! It's ether make there by the end of this week or retraced back to 1160-1080.
  • #1,114,831
  • Jun 6, 2017 3:39pm Jun 6, 2017 3:39pm
Quoting denisius
{quote} Thats what I was waiting for all week. I rarely risk and always skipping big days. Want to try this time!
Don't. Your stops wont/cant work,dont rely on them. A very close friend of mine had more than 500 pips slippage last year in October when it crashed from 1.2600s to 1.1400s within minutes during Asian session even tough he had a stop @1.2600, lost his account. He tried to bring it to court, wrote several complaints to authorities. Couldn't get a dime back. Loss was over 200K.
  • #1,114,832
  • Jun 6, 2017 3:41pm Jun 6, 2017 3:41pm
Quoting Connors
{quote} Don't. Your stops wont/cant work,dont rely on them. A very close friend of mine had more than 500 pips slippage last year in October when it crashed from 1.2600s to 1.1400s within minutes during Asian session, lost his account.

Now you scare me. I called my broker already, he promised manual stop at my SL. But I might will listen to you !
  • #1,114,833
  • Jun 6, 2017 3:44pm Jun 6, 2017 3:44pm
Quoting denisius
{quote} Now you scare me. I called my broker already, he promised manual stop at my SL. But I might will listen to you !

Please do, PM me your mail. I still have his broker statements can send them over to you. And please check what happened on 6th October last year. Around 2:00 am UK time. Out of the blue.. some brokers printed 1.1400s. Stops are useless when that happens. 200 K in the bin.
  • #1,114,834
  • Jun 6, 2017 3:44pm Jun 6, 2017 3:44pm
Quoting yanitsa
{quote} I would not touch Pound ahead of the Election .....
What would be the impact of UK election on EU pair?
During the French Election, everybody knows that Euro goes up if Macron wins.
This time, what would it be if PM May wins?
  • #1,114,835
  • Jun 6, 2017 3:50pm Jun 6, 2017 3:50pm
Quoting Connors
Does anyone have any clue what the price action was about today?
A day when technicals are not respected.
  • #1,114,836
  • Jun 6, 2017 3:52pm Jun 6, 2017 3:52pm
Quoting swing 123
{quote} A day when technicals are not respected.
I see tough days ahead for trading. It will go down and then pop up again. Its going to be messy.
  • #1,114,837
  • Jun 6, 2017 3:57pm Jun 6, 2017 3:57pm
Quoting swing 123
{quote} I see tough days ahead for trading. It will go down and then pop up again. Its going to be messy.
I ve been saying that it should go down but its not, no real confirmation as of now. At the same time Im still hesitant to take a long. Not a situation to hold anything at the moment.
  • #1,114,838
  • Jun 6, 2017 3:59pm Jun 6, 2017 3:59pm
Quoting Ron25
{quote} What would be the impact of UK election on EU pair? During the French Election, everybody knows that Euro goes up if Macron wins. This time, what would it be if PM May wins?
I do not know , but I favor pound lower .
  • #1,114,839
  • Jun 6, 2017 3:59pm Jun 6, 2017 3:59pm
Quoting swing 123
{quote} I ve been saying that it should go down but its not, no real confirmation as of now. At the same time Im still hesitant to take a long. Not a situation to hold anything at the moment.
On top Im too slow for a scalper.
  • #1,114,840
  • Jun 6, 2017 4:02pm Jun 6, 2017 4:02pm
Look at that red engulfer on hourly. Bitch still
not giving up.
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