This may be the upturn that turns everything around.....
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedIgnored
DislikedJust broken through a railroad crossing (trendlines cross). Looking good. Protect profits with trailing stops newbies.Ignored
DislikedBe aware of it, how it works, then forget it. Just trade your chart and watch the candles and PA. The less in your head while you're trading the better.
P.S. if you want a strategy of how to capatalise on where people place their stops, there are simple ones and profitable. Contact me and I will point you in the right direction.Ignored
DislikedRetail traders do make money riding the backs of hedgefunds when they go on a stop hunt. Agian, I refer you to Darkstar's stop hunting thread, if it is still availble. The first thing you have to know is where the stops are. Thomson financial is a news service that gives some information on stop locations. Stop hunting is a very indepth topic that cannot be fully discussed in the confines of this thread.Ignored
DislikedThat's all for me today....I have slopped at the trough long enough. Covered all my weekly pip goals with a great day today (well, last 30 hours). I am taking Asian session off tonight and going to a movie... will take a fresh look tomorrow for NY session.Ignored
DislikedTo be more accurate the biggest bullies in this space are banks... there are very few hedge funds that can complete with the kind of capital the banks are using.
A bank trader a tier 1 bank can blow up any hedge fund position out there.
mIgnored
DislikedTo be more accurate the biggest bullies in this space are banks... there are very few hedge funds that can complete with the kind of capital the banks are using.
A bank trader a tier 1 bank can blow up any hedge fund position out there.
mIgnored
DislikedYes, retail banks also engage in stop hunts. A big bank can do one on its own. Hedgefunds usually act together (more than one).
How are you, Acumen? Aren't you in Germany for a while?Ignored
DislikedBe careful where you enter. Price fell off exactly to the pip the line that is drawn in lower channel. It is now at a critical point. 1.3933. Just pull up a chart and use the pitchfork using the pivots I show in the chart. Then drill down to lower TF to see the PA. I am done for the day. The session will probably enter a prolonged low volatility period, which would be fine, but I've reached my daily target, double. Will just catch up with some of the comments from earlier on the forum.Ignored
DislikedI wish... just off the radar.
Enjoy the movie... I saw Hangover yesterday.
Funny as hell... if you like that style of humor.
mIgnored
DislikedAcumen, you speak as a person with knowledge in this area. So, I'd like to ask you a question about just HOW do the banks move the price so fast, so far. If this was the stock market, I'd surmise two "desks" collude, one buying what the other is selling or visa versa.....fast & furious to make sure the price moves before too much volume is required. Same in forex?Ignored
DislikedTP 1 hit, SL at break even.
@Atlast, those Pitchfork techniques work wonderfull. Thanks a lot for pointing me into that direction the other day!Ignored
DislikedIm in short mode - no breakout this session, any attempt will probably be false and unlikely to make it higher than 1.4130. Euro is overbought and running into heavy resistance. Retrace down is more likelyIgnored